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NYSEARCA:FIAX

Nicholas Fixed Income Alternative ETF (FIAX) Price, Holdings, & News

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Free FIAX Stock Alerts
$19.23
-0.02 (-0.10%)
(As of 05/17/2024 08:53 PM ET)
Compare
Today's Range
$19.20
▼
$19.24
50-Day Range
$19.04
▼
$19.53
52-Week Range
$19.01
▼
$20.10
Volume
24,100 shs
Average Volume
31,550 shs
Market Capitalization
$62.11 million
Assets Under Management
$61.12 million
Dividend Yield
0.10%
Net Expense Ratio
0.95%
Stock AnalysisChartDividendHeadlinesHoldings

About Nicholas Fixed Income Alternative ETF

The 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 managed by Nicholas.

FIAX Stock Price History

FIAX ETF News Headlines

May 19 at 1:07 PM | seekingalpha.com
GDO: Nice Yield, But There Are Better Global Fixed-Income Funds Available
May 18 at 3:40 PM | nasdaq.com
Fixed Income Sector Thriving
April 20, 2024 | seekingalpha.com
'Higher For Longer' Redux Implications For Income Portfolios
January 29, 2024 | seekingalpha.com
XFLT: A High Income Alternative Yield Play
January 29, 2024 | seekingalpha.com
XFLT: A High Income Alternative Yield Play
January 20, 2024 | seekingalpha.com
Stock And Mixed Assets ETFs Attract Record Net Inflows In December While Mutual Funds See Redemptions
December 20, 2023 | msn.com
Nicholas Fixed Income Alternative ETF declares $0.1157 dividend
December 20, 2023 | finance.yahoo.com
Nicholas Wealth Announces Increased Distribution Yield on FIAX ETF
See More Headlines

Fund Details

Issuer
Toroso Investments
Fund Name
Nicholas Fixed Income Alternative ETF
Tax Classification
Regulated Investment Company
Stock Exchange
NYSEARCA
Current Symbol
NYSEARCA:FIAX
Inception Date
11/30/2022
Fund Manager
David Nicholas, Jay Petrischelli, Michael Venuto, Charles A. Ragauss
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Fixed Income
Benchmark
N/A
Category
U.S. Government
Focus
Treasury
Development Level
Developed Markets
Region
North America
Number of Holdings
25

Fund Statistics

Assets Under Management
$61.12 million
Average Daily Volume
$0.00
Discount/Premium
-0.01%

Administrator, Advisor and Custodian

Administrator
Tidal ETF Services LLC
Advisor
Toroso Investments, LLC
Custodian
U.S. Bank, N.A.
Distributor
Foreside Fund Services, LLC
Transfer Agent
U.S. Bancorp Fund Services, LLC
Trustee
N/A
Lead Market Maker
Jane Street

Miscellaneous

Outstanding Shares
3,230,000
Beta
0.10
Creation Fee
$500.00
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Nicholas Fixed Income Alternative ETF Expenses

TypeFIAXTreasury ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.95%0.28%0.32%0.50%0.51%
Other Expenses0.00%0.35%0.28%0.64%0.58%
Total Expense0.95%0.37%0.40%0.74%0.70%
Fee Waiver0.00%-0.32%-0.25%-0.68%-0.56%
Net Expense0.95%0.33%0.35%0.58%0.58%

Nicholas Fixed Income Alternative ETF (FIAX) Holdings & Exposure

Top 10 FIAX Holdings

  • United States Treasury Notes 1%
    Holding Weight: 40.50%
  • United States Treasury Notes 4.63%
    Holding Weight: 20.48%
  • United States Treasury Notes 0.5%
    Holding Weight: 19.20%
  • United States Treasury Notes 2.63%
    Holding Weight: 18.89%
  • Call On S&P 500 Sep24
    Holding Weight: 1.66%
  • DEPOSITS WITH BROKER FOR SHORT POSITIONS
    Holding Weight: 1.24%
  • Put On S&P 500 Sep24
    Holding Weight: 0.80%
  • XLF US 05/17/24 C38
    Holding Weight: 0.62%
  • Option on Russell 2000 PR USD
    Holding Weight: 0.18%
  • Option on Russell 2000 PR USD
    Holding Weight: 0.17%

FIAX Sector Exposure

FIAX Geographic Exposure

Full Holdings Details

FIAX ETF - Frequently Asked Questions

How have FIAX shares performed in 2024?

Nicholas Fixed Income Alternative ETF's stock was trading at $19.68 on January 1st, 2024. Since then, FIAX shares have decreased by 2.3% and is now trading at $19.23.
View the best growth stocks for 2024 here.

What does FIAX invest in?

Nicholas Fixed Income Alternative ETF is a fixed income fund issued by Toroso Investments. FIAX focuses on treasury investments. The fund's investments total to approximately $61.12 million assets under management.

What is the management fee for Nicholas Fixed Income Alternative ETF?

Nicholas Fixed Income Alternative ETF's management fee is 0.95% and has no other recorded expenses or fee waivers. The net expense ratio for FIAX is 0.95%.

How do I buy shares of Nicholas Fixed Income Alternative ETF?

Shares of FIAX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:FIAX) was last updated on 5/20/2024 by MarketBeat.com Staff

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