Variant Alternative Income Fund Institutional Class
NICHX
NASDAQ
| Weiss Ratings | NICHX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Rating | ||||
| Reward Index | Fair | |||
| Reward Grade | C+ | |||
| Risk Index | Good | |||
| Risk Grade | B+ | |||
| Company Info | NICHX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Provider | Variant | |||
| Manager/Tenure (Years) | Robert Elsasser (7), Curtis Fintel (7), Jerald B. Hayes (7) | |||
| Website | -- | |||
| Fund Information | NICHX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| 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 |
Click to Compare |
Click to Compare |
| Dividend Yield | 9.25% | |||
| Dividend | NICHX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield (Forward) | -- | |||
| Asset Allocation | NICHX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Cash | 12.97% | |||
| Stock | 5.22% | |||
| U.S. Stock | 5.22% | |||
| Non-U.S. Stock | 0.00% | |||
| Bond | 23.29% | |||
| U.S. Bond | 23.29% | |||
| Non-U.S. Bond | 0.00% | |||
| Preferred | 0.16% | |||
| Convertible | 0.00% | |||
| Other Net | 58.37% | |||
| Price History | NICHX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| 7-Day Total Return | 0.15% | |||
| 30-Day Total Return | 0.64% | |||
| 60-Day Total Return | 0.60% | |||
| 90-Day Total Return | 1.23% | |||
| Year to Date Total Return | 0.60% | |||
| 1-Year Total Return | 6.66% | |||
| 2-Year Total Return | 11.56% | |||
| 3-Year Total Return | 21.97% | |||
| 5-Year Total Return | 48.15% | |||
| Price | NICHX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| 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 |
Click to Compare |
Click to Compare |
| Nav | $26.49 | |||
| 1-Month Low NAV | $26.32 | |||
| 1-Month High NAV | $26.49 | |||
| 52-Week Low NAV | $26.24 | |||
| 52-Week Low NAV (Date) | Jan 16, 2026 | |||
| 52-Week High NAV | $27.33 | |||
| 52-Week High Price (Date) | Mar 27, 2025 | |||
| Beta / Standard Deviation | NICHX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Beta | -- | |||
| Standard Deviation | 2.33 | |||
| Balance Sheet | NICHX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Total Assets | 2.56B | |||
| Operating Ratios | NICHX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Expense Ratio | 2.12% | |||
| Turnover Ratio | 25.00% | |||
| Performance | NICHX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Last Bull Market Total Return | 1.09% | |||
| Last Bear Market Total Return | 1.98% | |||