Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you
Mutualfunds logo

NCTWX Nicholas II I

  • Fund
  • NCTWX
  • Price as of: Oct 22, 2018
  • $28.36
  • - $0.01
  • - 0.04%
  • Category
  • Mid Cap Growth Equities

NCTWX - Profile

Vitals

  • YTD Return 2.5%
  • 3 Yr Annualized Return 14.1%
  • 5 Yr Annualized Return 11.9%
  • Net Assets $897 M
  • Holdings in Top 10 18.5%

52 WEEK LOW AND HIGH

$28.36
$26.83
$30.82

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.61%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 29.20%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$100,000

IRA

N/A

Investment Themes

CATEGORY

Mid Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Mid-Cap Growth

Distributions

  • YTD Total Return 2.5%
  • 3 Yr Annualized Total Return 14.1%
  • 5 Yr Annualized Total Return 11.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.17%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Nicholas II Fund
  • Fund Family Name Nicholas
  • Inception Date Oct 17, 1983
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager David O. Nicholas

Fund Description

The fund primarily invests in common stocks of domestic corporations with medium-sized market capitalizations believed to have growth potential. The adviser believes a company's annual sales volume and the market capitalization are the factors most illustrative of a company's size. The adviser generally considers companies with market capitalizations up to $3 billion as "small," between $3 billion and $25 billion as "medium," and greater than $25 billion as "large."

NCTWX - Performance

Return Ranking - Trailing

Period NCTWX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 2.5% -98.2% 985.1% 53.92% 3
1 Yr 17.1% -20.6% 57.7% 63.08% 4
3 Yr 14.1% * -5.9% 28.7% 59.34% 3
5 Yr 11.9% * 0.5% 18.0% 39.25% 2
10 Yr 11.8% * 2.0% 19.5% 44.91% 3

* Annualized


Return Ranking - Calendar

Period NCTWX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 13.2% -70.5% 158.6% 50.31% 3
2016 -0.2% -61.7% 27.9% 57.78% 4
2015 -5.1% -82.5% 31.3% 34.15% 2
2014 -2.2% -29.3% 35.0% 46.72% 3
2013 22.8% -27.0% 200.0% 58.65% 3

Total Return Ranking - Trailing

Period NCTWX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 2.5% -100.0% 985.1% 53.94% 3
1 Yr 17.1% -35.2% 876.4% 56.76% 3
3 Yr 14.1% * -3.8% 27.8% 56.98% 3
5 Yr 11.9% * 0.1% 18.0% 36.97% 2
10 Yr 11.8% * 2.0% 19.5% 42.08% 3

* Annualized


Total Return Ranking - Calendar

Period NCTWX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 13.2% -98.2% 158.6% 50.23% 3
2016 -0.2% -61.7% 27.9% 63.02% 4
2015 1.0% -43.1% 62.9% 35.67% 2
2014 14.2% -23.5% 561.9% 16.84% 1
2013 49.4% -22.5% 382.6% 45.69% 3

NAV & Total Return History

NCTWX - Holdings

Filings data as of: Jun 30, 2018

Concentration Analysis

NCTWX Category Low Category High NCTWX % Rank Quintile
Net Assets 897 M 281 K 32.6 B 15.90% 3
Number of Holdings 82 3 2272 9.81% 3
Net Assets in Top 10 159 M 84.9 K 5.92 B 17.68% 3
Weighting of Top 10 18.5% 6.1% 100.0% 30.91% 4

Top 10 Holdings

  1. Fleetcor Technologies Inc 1.98%
  2. TransUnion 2.13%
  3. Verisk Analytics Inc 1.88%
  4. Westinghouse Air Brake Technologies Corp 1.72%
  5. Fiserv Inc 1.80%
  6. Lamb Weston Holdings Inc 1.71%
  7. US Foods Holding Corp 1.93%
  8. Palo Alto Networks Inc 1.79%
  9. Fidelity National Information Services Inc 1.79%
  10. IHS Markit Ltd A 1.76%

Asset Allocation

Weighting Category Low Category High NCTWX % Rank Quintile
Stocks
94.96% 15.06% 120.97% 26.00% 5
Cash
5.04% -59.00% 42.36% 6.98% 1
Preferred Stocks
0.00% 0.00% 7.47% 3.71% 3
Other
0.00% -11.48% 99.00% 7.43% 3
Convertible Bonds
0.00% 0.00% 0.37% 0.74% 2
Bonds
0.00% 0.00% 40.22% 2.82% 3

Stock Sector Breakdown

Weighting Category Low Category High NCTWX % Rank Quintile
Industrials
25.90% 0.00% 39.08% 3.57% 1
Consumer Cyclical
15.21% 0.00% 52.82% 20.21% 3
Technology
14.06% 0.00% 58.88% 32.84% 5
Healthcare
12.32% 0.00% 33.41% 25.85% 4
Consumer Defense
11.81% 0.00% 22.39% 1.34% 1
Financial Services
10.39% -0.52% 47.49% 14.86% 2
Real Estate
2.79% 0.00% 43.85% 16.34% 3
Basic Materials
2.47% 0.00% 12.44% 20.51% 3
Utilities
0.00% 0.00% 10.92% 9.81% 3
Energy
0.00% 0.00% 20.72% 27.34% 5
Communication Services
0.00% 0.00% 16.81% 19.91% 4

Stock Geographic Breakdown

Weighting Category Low Category High NCTWX % Rank Quintile
US
93.44% 14.94% 115.87% 20.65% 4
Non US
1.52% 0.00% 41.39% 26.00% 4

NCTWX - Expenses

Operational Fees

NCTWX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.61% 0.07% 111.05% 30.10% 1
Management Fee 0.52% 0.06% 1.50% 6.98% 1
12b-1 Fee 0.00% 0.00% 1.00% 4.90% 1
Administrative Fee N/A 0.00% 25000.00% N/A N/A

Sales Fees

NCTWX Fees (% of AUM) Category Low Category High NCTWX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

NCTWX Fees (% of AUM) Category Low Category High NCTWX Rank Quintile
Max Redemption Fee N/A 0.05% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

NCTWX Fees (% of AUM) Category Low Category High NCTWX Rank Quintile
Turnover 29.20% 0.00% 495.00% 17.88% 2

NCTWX - Distributions

Dividend Yield Analysis

NCTWX Category Low Category High NCTWX % Rank Quintile
Dividend Yield 0.0% 0.00% 2.73% 34.75% 2

Dividend Distribution Analysis

NCTWX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

NCTWX Category Low Category High NCTWX % Rank Quintile
Net Income Ratio 0.17% -2.25% 1.71% 8.05% 1

Capital Gain Distribution Analysis

NCTWX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

NCTWX - Managers

David O. Nicholas

Lead Manager

Start Date

Mar 31, 1993

Tenure

25.52

Tenure Rank

0.5%

Dave Nicholas joined Nicholas Company as an investment analyst in 1986. He serves in a leadership position for the company as CEO and President, while primarily focusing his efforts day-to-day on investments as a Portfolio Manager and the Chief Investment Officer. Dave has developed his philosophy and skills over the past thirty years under the guidance of the long held investment philosophy and process developed by Albert O. Nicholas, the founder of Nicholas Company. This opportunity has allowed Dave to gain a deep experience and knowledge analyzing companies and the equity markets. Dave’s approach is aligned with the Nicholas core investment philosophy and process, while adjusting it to meet the characteristics of various capitalization growth companies. Core elements to the philosophy include identifying companies with secular growth capabilities, consistent earnings growth, strong balance sheets and solid management teams. Dave also shares a preference for non-consensus strategies when market opportunities arise. Dave is the lead portfolio manager of Nicholas Fund, Nicholas II and Nicholas Limited Edition, while serving as co-manager for Nicholas Equity Income Fund. As Chief Investment Officer he guides the firm’s investment process and the investment team on a day-to-day basis. Dave earned a B.B.A. in Finance from the University of Wisconsin-Madison and completed his M.S. in Finance at the University of Wisconsin-Milwaukee, where he is a member of the University’s Business School Advisory Board. He has earned the right to use the CFA designation and is a member of the CFA Society Milwaukee.


Brian J. Janowski

Manager

Start Date

Apr 30, 2018

Tenure

0.42

Tenure Rank

19.8%

Brian Janowski, CFA, CPA Portfolio Manager Brian has been co-manager of the BMO Small-Cap Value Strategy and the BMO Mid-Cap Value Strategy since 2011. Brian began his investment management career in 2002 and joined BMO Asset Management Corp. in 2008. Previously Brian served as an Equity Portfolio Manager for six years with American Family Mutual Insurance Company where he researched, selected and traded stocks for four internally-managed equity portfolios in the financial and utilities sectors. Before that, he served as an Internal Auditor for the State of Wisconsin Investment Board and an auditor for BDO Seidman, LLP in Chicago. He holds a BA in Accounting from the University of Wisconsin-Madison. In addition, he holds the Chartered Financial Analyst® (CFA) designation, is a CPA, and is an active member in the CFA Society of Milwaukee.


Tenure Analysis

Category Low

0.0

Category High

32.6

Category Average

7.84

Category Mode

3.8