FIAX

Nicholas Fixed Income Alternative ETF

$18.06

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Nicholas Fixed Income Alternative ETF (FIAX) seeks to provide current income and capital preservation by investing in a diversified portfolio of fixed-income securities.

Overview

ETF tracking Nicholas Fixed Income Alternative ETF

Category Fixed Income

Issuer Other

Inception Date 2022-11-30

Market Cap $156.2M

Average Volume N/A

Dividend Yield 6.80%

52-Week Range $17.68 - $19.60

VWAP $18.05

Performance

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Investment Summary

📎 Investment Objective

The Nicholas Fixed Income Alternative ETF (FIAX) seeks to provide current income and capital preservation by investing in a diversified portfolio of fixed-income securities.

🎯 Investment Strategy

The fund invests primarily in investment-grade fixed-income securities, including U.S. government bonds, corporate bonds, and mortgage-backed securities. The portfolio is actively managed, with the goal of generating consistent income while maintaining low volatility.

✨ Key Features

Diversified fixed-income portfolio focused on investment-grade securities
Active management approach to navigate changing market conditions
Emphasis on current income and capital preservation
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of fixed-income securities may decline as interest rates rise
Credit risk: The fund is exposed to the risk of default by the issuers of the securities it holds
Liquidity risk: Some fixed-income securities may be difficult to sell, especially during periods of market stress
Reinvestment risk: When interest rates decline, the fund may have to reinvest coupon payments or proceeds from maturing securities at lower rates

👤 Best For

The Nicholas Fixed Income Alternative ETF may be suitable for investors seeking a low-risk, fixed-income investment that provides a steady stream of income. It may be particularly appealing to conservative investors or those nearing retirement who prioritize capital preservation and stability over high returns.