Nicholas Fixed Income Alternative ETF
FIAX
$17.05
-$0.02-0.12%
Rating
Reward
Risk
Fund Information
Fund Type
ETF
Category
Sub-Category
Prospectus Objective
Inception Date
Open/Closed to New Investors
Minimum Initial Investment
Minimum Subsequent Investment
Front End Fee
Back End Fee
Asset Allocation
Cash
Stock
U.S. Stock
Non U.S. Stock
Bond
U.S. Bond
Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
None
Top Holdings
There are no holdings to display.
Similar ETFs
There are no ETFs to display.
Performance
Beta
7-Day Total Return
30-Day Total Return
60-Day Total Return
90-Day Total Return
Year to Date Total Return
1-Year Total Return
2-Year Total Return
3-Year Total Return
5-Year Total Return
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Last Bull Market Total Return
Last Bear Market Total Return
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Forward Dividend Yield
Price
1-Month Low
1-Month High
52-Week Low
52-Week High
NAV
1-Month Low
1-Month High
52-Week Low
52-Week High
Company Information
Provider
Nicholas Wealth Management
Manager (Tenure in Years)
David O. Nicholas (3), Jay Pestrichelli (3), Christopher P. Mullen (2), 2 others
Website
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Address
Nicholas Wealth Management
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-
Country
United States
Phone Number
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Investment Strategy
The investment seeks current income. Under normal circumstances, the fund will invest at least 80% of its net assets, plus borrowings for investment purposes, in U.S. Treasury fixed income securities. The fund typically writes index put options and call options with weekly, monthly, and quarterly expirations. The fund will generally have up to ten credit spreads at any given time, with up to 20% exposure to a single ETF or index credit spread (measured at the time of purchase). It is non-diversified.