Nicholas Global Equity and Income ETF (GIAX)

Assets	$72.91M
Expense Ratio	0.93%
PE Ratio	n/a
Shares Out	4.33M
Dividend (ttm)	$4.34
Dividend Yield	26.00%
Ex-Dividend Date	Oct 30, 2025
Payout Frequency	Monthly
Payout Ratio	n/a

Volume	70,309
Open	16.85
Previous Close	16.76
Day's Range	16.61 - 16.91
52-Week Low	14.20
52-Week High	20.67
Beta	n/a
Holdings	29
Inception Date	Jul 29, 2024

About GIAX

Fund Home Page

The Nicholas Global Equity and Income ETF (GIAX) is an exchange-traded fund that mostly invests in total market equity. The fund invests in globally listed stocks of index-tracking ETFs while employing a daily credit call spread strategy. The actively managed fund-of-funds primarily seeks high current income and, secondarily, capital appreciation. GIAX was launched on Jul 29, 2024 and is issued by Nicholas.

• Asset Class: Equity
• Category: Derivative Income
• Region: Global
• Stock Exchange: NYSEARCA
• Ticker Symbol: GIAX
• ETF Provider: Nicholas

Top 10 Holdings

71.49% of assets

Name	Symbol	Weight
Vanguard Information Technology ETF	VGT	16.69%
Vanguard Mid-Cap Growth ETF	VOT	11.69%
Vanguard S&P 500 ETF	VOO	10.13%
Vanguard Dividend Appreciation ETF	VIG	8.08%
Vanguard Small-Cap ETF	VB	5.12%
Freedom 100 Emerging Markets ETF	FRDM	4.91%
Global X Defense Tech ETF	SHLD	4.19%
NVIDIA Corporation	NVDA	4.02%
Palantir Technologies Inc.	PLTR	3.50%
Alphabet Inc.	GOOGL	3.14%

Dividends

Ex-Dividend	Amount	Pay Date
Oct 30, 2025	$0.3561	Oct 31, 2025
Sep 25, 2025	$0.3562	Sep 26, 2025
Aug 28, 2025	$0.3536	Aug 29, 2025
Jul 30, 2025	$0.3616	Jul 31, 2025
Jun 26, 2025	$0.3581	Jun 27, 2025
May 29, 2025	$0.3473	May 30, 2025

Performance

GIAX had a total return of 7.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.38%.