# Nicholas Global Equity and Income ETF (GIAX): ETF Facts & Distributions

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- Issuer: Nicholasx · Asset class: Equity
- Strategy: Actively Managed · Inception: 2024-07-29

The Nicholas Global Equity and Income ETF, identified by the symbol GIAX, is a dynamically managed investment vehicle that trades on an exchange. Its primary objectives are to deliver consistent income to investors while also achieving long-term growth in capital. To accomplish these goals, GIAX employs a two-pronged strategy: 1. It allocates capital to a curated selection of independent, passively managed ETFs that offer broad market exposure to global stock securities. 2. It also generates additional income through the routine (daily) execution of index credit call spreads, referencing va...

## Key Facts

| Metric | Value |
|---|---|
| Price | $15.08 |
| Expense Ratio | 1.03% |
| Assets Under Management | $108.3M |
| NAV | $14.79 |
| Holdings Count | 46 |
| Distribution Yield (TTM) | 27.84% |
| Annual Distribution (TTM) | $4.20 /share |
| Distribution Frequency | Weekly |
| 52-Week Range | $13.26 – $18.78 |
| Beta | 1.39 |

## Latest Distribution

- Amount: $0.0702 /share
- Ex-date: 2026-10-23
- Pay date: 2026-10-26

## Frequently Asked Questions

### What does GIAX invest in?

The Nicholas Global Equity and Income ETF, identified by the symbol GIAX, is a dynamically managed investment vehicle that trades on an exchange. Its primary objectives are to deliver consistent income to investors while also achieving long-term growth in capital. To accomplish these goals, GIAX employs a two-pronged strategy: 1. It allocates capital to a curated selection of independent, passively managed ETFs that offer broad market exposure to global stock securities. 2. It also generates additional income through the routine (daily) execution of index credit call spreads, referencing various U.S. equity benchmarks.

### What is the expense ratio of GIAX?

Nicholas Global Equity and Income ETF (GIAX) charges an expense ratio of 1.03%. This is the annual fee deducted from fund assets to cover management and operations.

### What is GIAX's dividend yield?

GIAX's trailing-twelve-month yield is 27.84%, calculated from the sum of dividends over the past year divided by the current price.

### How big is GIAX?

Nicholas Global Equity and Income ETF (GIAX) manages $108.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

### Is GIAX actively managed or an index fund?

GIAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (GIAX's is 1.03%) in exchange for the discretion to over- or under-weight positions.

### When was GIAX launched?

Nicholas Global Equity and Income ETF (GIAX) launched in July 2024 and is managed by Nicholasx.

### Does GIAX pay a dividend?

Yes, Nicholas Global Equity and Income ETF (GIAX) distributes dividends to shareholders. The trailing-twelve-month yield is 27.84%. Full dividend history is on this page.

### How often does GIAX pay dividends?

Nicholas Global Equity and Income ETF pays dividends Weekly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### When is GIAX's next ex-dividend date?

The most recently announced ex-dividend date for GIAX was 2026-10-23. The next ex-date typically follows Weekly; once announced it appears at the top of the dividend history table on this page.

### How much will GIAX's expense ratio cost me over 30 years?

On a $10,000 investment compounding at 7% gross return, a 1.03% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees.

### How does GIAX charge its expense ratio?

The expense ratio is deducted in tiny daily slices from GIAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price.

### Why does GIAX cost more than a fund like VOO?

GIAX is actively managed (current expense ratio 1.03%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether GIAX's fee is competitive for the active-management cohort.

### Are there cheaper alternatives to GIAX?

The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as GIAX (1.03%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/funds/giax
- Distribution history: https://www.dividenddata.com/funds/giax/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/giax/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/giax/expenses
- Peer comparison: https://www.dividenddata.com/funds/giax/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.