Variant Alternative Income Fund Institutional Class
NICHX
NASDAQ
| Weiss Ratings | NICHX-NASDAQ | Click to Compare |
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| Rating | ||||
| Reward Index | Fair | |||
| Reward Grade | C+ | |||
| Risk Index | Good | |||
| Risk Grade | B+ | |||
| Company Info | NICHX-NASDAQ | Click to Compare |
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| Provider | Variant | |||
| Manager/Tenure (Years) | Robert Elsasser (7), Curtis Fintel (7), Jerald B. Hayes (7) | |||
| Website | -- | |||
| Fund Information | NICHX-NASDAQ | Click to Compare |
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| Fund Name | Variant Alternative Income Fund Institutional Class | |||
| Category | Private Debt - General | |||
| Sub-Category | Fixed Income Miscellaneous | |||
| Prospectus Objective | Growth and Income | |||
| Inception Date | Sep 28, 2018 | |||
| Open/Closed To New Investors | Open | |||
| Minimum Initial Investment | 1,000,000.00 | |||
| Minimum Subsequent Investment | -- | |||
| Front End Fee | -- | |||
| Back End Fee | -- | |||
| Dividends and Shares | NICHX-NASDAQ | Click to Compare |
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| Dividend Yield | 10.06% | |||
| Dividend | NICHX-NASDAQ | Click to Compare |
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| Dividend Yield (Forward) | -- | |||
| Asset Allocation | NICHX-NASDAQ | Click to Compare |
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| Cash | 9.04% | |||
| Stock | 5.54% | |||
| U.S. Stock | 5.54% | |||
| Non-U.S. Stock | 0.00% | |||
| Bond | 24.49% | |||
| U.S. Bond | 24.49% | |||
| Non-U.S. Bond | 0.00% | |||
| Preferred | 0.52% | |||
| Convertible | 0.00% | |||
| Other Net | 60.41% | |||
| Price History | NICHX-NASDAQ | Click to Compare |
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| 7-Day Total Return | 0.13% | |||
| 30-Day Total Return | 0.56% | |||
| 60-Day Total Return | 1.20% | |||
| 90-Day Total Return | 1.89% | |||
| Year to Date Total Return | 1.86% | |||
| 1-Year Total Return | 6.74% | |||
| 2-Year Total Return | 11.03% | |||
| 3-Year Total Return | 21.97% | |||
| 5-Year Total Return | 47.26% | |||
| Price | NICHX-NASDAQ | Click to Compare |
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| Closing Price | -- | |||
| 1-Month Low Price | -- | |||
| 1-Month High Price | -- | |||
| 52-Week Low Price | -- | |||
| 52-Week Low Price (Date) | -- | |||
| 52-Week High Price | -- | |||
| 52-Week High Price (Date) | -- | |||
| NAV | NICHX-NASDAQ | Click to Compare |
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| Nav | $26.02 | |||
| 1-Month Low NAV | $25.99 | |||
| 1-Month High NAV | $26.18 | |||
| 52-Week Low NAV | $25.99 | |||
| 52-Week Low NAV (Date) | Apr 29, 2026 | |||
| 52-Week High NAV | $27.07 | |||
| 52-Week High Price (Date) | Jun 26, 2025 | |||
| Beta / Standard Deviation | NICHX-NASDAQ | Click to Compare |
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| Beta | -- | |||
| Standard Deviation | 2.33 | |||
| Balance Sheet | NICHX-NASDAQ | Click to Compare |
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| Total Assets | 2.46B | |||
| Operating Ratios | NICHX-NASDAQ | Click to Compare |
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| Expense Ratio | 2.12% | |||
| Turnover Ratio | 25.00% | |||
| Performance | NICHX-NASDAQ | Click to Compare |
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| Last Bull Market Total Return | 5.50% | |||
| Last Bear Market Total Return | 1.98% | |||