Nicholas Fixed Income Alternative ETF (FIAX)

• Market cap: $162M
• 1 day: 0.58%
• 5 days: -0.21%
• 1 month: -2.55%
• 3 months: -2.51%
• 6 months: -1.35%
• Year to date: 0.58%
• 1 year: -3.20%
• 5 years: -4.75%
• 10 years: -4.75%

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1.32% more ownership

Funds ownership: 83.51% [Q2] → 84.82% (+1.32%) [Q3]

1% more capital invested

Capital invested by funds: $51.2M [Q2] → $51.9M (+$668K) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

0% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 5

27% less funds holding

Funds holding: 15 [Q2] → 11 (-4) [Q3]

80% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 5