Company overview
Understand the business
Nicholas Fixed Income Alternative ETF (FIAX) is a U.S.-domiciled exchange-traded investment fund. Uses Treasury investments and options on broad equity indices to seek income as an alternative to traditional fixed income.
Primary earnings measures
Reported fund net investment income per common share is shown with its exact fiscal period. Realized gains, unrealized changes and cash distributions are separate measures.
How the company supports its distribution
Portfolio interest and dividends, realized investment results and any derivative activity contribute to distribution resources after expenses. Taxable income and cash distributions can differ from reported net investment income.