ATLANTA, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Nicholas Wealth today announced a 7.01% distribution yield, up from 6.56%, for the Nicholas Fixed Income Alternative ETF (FIAX). The dividend is payable on 12/19/2023 to shareholders of record at the close of trading day on 12/14/2023. Distribution Information ETF Ticker1ETF NameDistribution per Share30-day SEC Yield (as of 11/30/2023)2Distribution Rate3Ex-DateRecord DatePayment DateFIAXNicholas Fixed Income Alternative ETF$0.11574.08%7.01%12/15/202312/
Nicholas Wealth Management's first actively managed exchange-traded fund (ETF), the Nicholas Fixed Income Alternative ETF (NYSE: FIAX) hit $50 million in assets in less than 12 months in existence.