Nicholas Global Equity and Income ETF (GIAX) Stock Price, Quote, News & History | Benzinga

The Fund is an actively managed exchange-traded fund (ETF) that primarily seeks to generate current income. The Funds strategy includes two components: (i) holding shares of unaffiliated passively managed ETFs that seek to provide exposure to a range of global equity securities (Index ETFs) and (ii) selling daily index credit call spreads (Index Call Spreads) on one or more US equity indices. In addition, in some instances, the Fund may invest in individual securities rather than an Index ETF (as described below). The Fund will also hold U.S. Treasury securities. The Funds daily credit call spread strategy consists of selling a call option and simultaneously buying another call option at a higher strike price for income generation.