Nicholas Fixed Income Alternative ETF trades under ticker FIAX on NYSE as an ETF. Use this page to review its stock price, dividends, and price history. The page also shows Nontraditional Bond exposure. Identifiers: ISIN US88634T5359, CUSIP 88634T535.
About the Company
Under normal circumstances, the fund will invest at least 80% of its net assets, plus borrowings for investment purposes, in U.S. Treasury fixed income securities. The fund typically writes index put options and call options with weekly, monthly, and quarterly expirations. The fund will generally have up to ten credit spreads at any given time, with up to 20% exposure to a single ETF or index credit spread (measured at the time of purchase). It is non-diversified.