Nicholas Fixed Income Alternative ETF (FIAX)
| Assets | $122.87M |
| Expense Ratio | 0.97% |
| PE Ratio | n/a |
| Shares Out | 7.20M |
| Dividend (ttm) | $1.42 |
| Dividend Yield | 8.34% |
| Ex-Dividend Date | Sep 17, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 5,190 |
| Open | 17.02 |
| Previous Close | 17.03 |
| Day's Range | 17.02 - 17.06 |
| 52-Week Low | 16.93 |
| 52-Week High | 18.30 |
| Beta | 0.19 |
| Holdings | 14 |
| Inception Date | Nov 29, 2022 |
About FIAX
Fund Home PageThe Nicholas Fixed Income Alternative ETF (FIAX) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund that seeks to provide income by holding a short-term portfolio of US Treasury securities and using a vertical option spread strategy across multiple asset classes. FIAX was launched on Nov 29, 2022 and is issued by Tidal.
Top 10 Holdings
105.17% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 4.63% | T.4.625 10.15.26 | 24.26% |
| United States Treasury Notes 3.88% | T.3.875 06.15.28 | 23.76% |
| United States Treasury Notes 3.88% | T.3.875 04.15.29 | 23.39% |
| United States Treasury Notes 3.88% | T.3.875 03.31.31 | 23.27% |
| United States Treasury Bonds 4.5% | T.4.5 02.15.36 | 2.46% |
| Call On S&P 500 Dec26 | n/a | 2.36% |
| OTHER ASSETS AND LIABILITIES | n/a | 2.19% |
| Put On S&P 500 Oct26 | n/a | 1.82% |
| Call On S&P 500 Oct26 | n/a | 1.17% |
| First American Government Obligs X | FGXXX | 0.49% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 17, 2026 | $0.1149 | Sep 18, 2026 |
| Aug 20, 2026 | $0.1168 | Aug 21, 2026 |
| Jul 16, 2026 | $0.1174 | Jul 17, 2026 |
| Jun 18, 2026 | $0.1181 | Jun 22, 2026 |
| May 21, 2026 | $0.1168 | May 22, 2026 |
| Apr 16, 2026 | $0.118 | Apr 17, 2026 |
Performance
FIAX had a total return of 2.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.80%.
News
Nicholas Wealth Announces $100,000,000 in AUM for $FIAX ETF
MARIETTA, Ga., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Nicholas Wealth, a leading provider of actively managed income ETFs, just announced that the Nicholas Fixed Income Alternative ETF (FIAX) now has $100,...
Nicholas Wealth Announces Distribution Yield on $GIAX
Nicholas Wealth, a leading provider of actively managed income ETFs, announced monthly distributions of 24.00% on the Nicholas Global Equity and Income ETF
Nicholas Wealth Announces Increased Distribution Rate on $FIAX
NEW YORK, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Nicholas Wealth, a leading provider of actively managed income ETFs, just announced increased monthly distributions to 8.04% on the Nicholas Fixed Income A...
Nicholas Wealth Announces Monthly Distributions on $GIAX
ATLANTA, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Nicholas Wealth, a leading provider of actively managed income ETFs, just announced monthly distributions on the Nicholas Global Equity and Income ETF (GIAX)...
Nicholas Wealth Announces Increased Distribution Yield on FIAX ETF
ATLANTA, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Nicholas Wealth today announced a 7.01% distribution yield, up from 6.56%, for the Nicholas Fixed Income Alternative ETF (FIAX). The dividend is payable on 1...
Nicholas Fixed Income Alternative ETF (Ticker: FIAX) Hits $50M in Assets
ATLANTA , Nov. 14, 2023 /PRNewswire/ -- Nicholas Wealth Management's first actively managed exchange-traded fund (ETF), the Nicholas Fixed Income Alternative ETF (NYSE: FIAX) hit $50 million in assets...
David Nicholas of Nicholas Wealth Management to Ring The Opening Bell® At The New York Stock Exchange
ATLANTA , Aug. 23, 2023 /PRNewswire/ -- Chief Executive Officer and Founder of Nicholas Wealth Management, David Nicholas will ring The Opening Bell® at the New York Stock Exchange (NYSE) on Thursday,...
Nicholas Wealth Announces Distribution on FIAX ETF
MARIETTA, Ga., Aug. 22, 2023 (GLOBE NEWSWIRE) -- Nicholas Wealth today announced distributions on the Nicholas Fixed Income Alternative ETF (FIAX):