FIAX Has An Attractive Yield, But Still Has To Prove Itself

• click to rate

  Posted by Two Blokes Jul 9 - Filed in Stock - 4 views
  
  Nicholas Fixed Income Alternative ETF has an 8.7% yield from treasuries and option spreads in various asset categories, including equity sectors, metals, and VIX. The monthly distribution of FIAX has been steady for almost two years, but the fund has suffered a decay in value. FIAX has underperformed SHY and some income ETFs with various strategies, lower fees, and higher liquidity.