NCLEX: Nicholas Limited Edition I

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

NCLEX Nicholas Limited Edition I


Profile

NCLEX - Profile

Vitals

  • YTD Return -3.5%
  • 3 Yr Annualized Return 1.6%
  • 5 Yr Annualized Return 0.4%
  • Net Assets $442 M
  • Holdings in Top 10 19.6%

52 WEEK LOW AND HIGH

$27.33
$19.27
$30.13

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.86%

SALES FEES

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

BROKERAGE FEES

  • Turnover 21.56%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -3.5%
  • 3 Yr Annualized Total Return 7.9%
  • 5 Yr Annualized Total Return 7.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.22%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Nicholas Limited Edition Fund
  • Fund Family Name
    Nicholas
  • Inception Date
    May 18, 1987
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Nicholas

Fund Description

The fund primarily invests in common stocks of domestic corporations with small- and medium-sized market capitalizations believed to have growth potential. The advisor believes a company's annual sales volume and market capitalization are the factors most illustrative of a company's size. The advisor 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."


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

NCLEX - Performance

Return Ranking - Trailing

Period NCLEX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.5% -36.4% 48.1% 65.70%
1 Yr -3.2% -44.5% 36.0% 57.52%
3 Yr 1.6%* -53.8% 25.1% 43.35%
5 Yr 0.4%* -39.9% 17.7% 44.83%
10 Yr 4.4%* -17.7% 15.3% 64.40%

* Annualized

Return Ranking - Calendar

Period NCLEX Return Category Return Low Category Return High Rank in Category (%)
2019 20.6% -49.8% 42.9% 53.65%
2018 -10.7% -54.2% 13.6% 15.98%
2017 11.1% -73.6% 36.1% 63.64%
2016 1.6% -49.0% 133.1% 82.90%
2015 -9.1% -70.7% 8.6% 47.21%

Total Return Ranking - Trailing

Period NCLEX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.5% -36.4% 48.1% 65.70%
1 Yr -3.2% -44.5% 36.0% 57.52%
3 Yr 7.9%* -24.3% 29.6% 31.47%
5 Yr 7.9%* -19.6% 21.4% 20.04%
10 Yr 12.3%* -8.1% 25.9% 25.70%

* Annualized

Total Return Ranking - Calendar

Period NCLEX Return Category Return Low Category Return High Rank in Category (%)
2019 20.6% -49.8% 42.9% 53.65%
2018 -0.9% -54.2% 14.5% 7.90%
2017 19.9% -5.9% 42.0% 51.89%
2016 12.4% -16.4% 133.1% 30.58%
2015 -1.8% -59.6% 19.3% 27.90%

NAV & Total Return History


Holdings

NCLEX - Holdings

Concentration Analysis

NCLEX Category Low Category High NCLEX % Rank
Net Assets 442 M 4.81 M 25 B 51.35%
Number of Holdings 67 1 2001 82.09%
Net Assets in Top 10 70.2 M 724 K 2.17 B 48.97%
Weighting of Top 10 19.60% 7.0% 100.0% 56.42%

Top 10 Holdings

  1. Wright Medical Group NV 2.12%
  2. Repay Holdings Corp Ordinary Shares - Class A 2.04%
  3. Qualys Inc 2.04%
  4. Exponent Inc 2.01%
  5. BlackLine Inc 2.00%
  6. Power Integrations Inc 1.98%
  7. Lattice Semiconductor Corp 1.89%
  8. Icon PLC 1.86%
  9. Steris PLC 1.84%
  10. Bio-Techne Corp 1.83%

Asset Allocation

Weighting Return Low Return High NCLEX % Rank
Stocks
90.44% 85.11% 103.86% 97.78%
Cash
9.55% -4.54% 16.42% 1.27%
Preferred Stocks
0.00% 0.00% 4.03% 29.16%
Other
0.00% -13.56% 11.74% 35.50%
Convertible Bonds
0.00% 0.00% 0.00% 23.45%
Bonds
0.00% -0.08% 0.07% 24.09%

Stock Sector Breakdown

Weighting Return Low Return High NCLEX % Rank
Technology
32.00% 2.71% 75.34% 12.04%
Industrials
20.53% 1.13% 34.78% 14.10%
Healthcare
19.06% 0.08% 54.38% 86.21%
Consumer Cyclical
11.72% 0.00% 33.12% 19.49%
Financial Services
7.02% 0.00% 22.83% 38.03%
Consumer Defense
4.36% 0.00% 18.15% 58.32%
Real Estate
2.73% 0.00% 10.13% 43.58%
Basic Materials
2.59% 0.00% 12.65% 35.34%
Utilities
0.00% 0.00% 6.97% 47.54%
Energy
0.00% 0.00% 5.19% 69.73%
Communication Services
0.00% 0.00% 12.66% 88.11%

Stock Geographic Breakdown

Weighting Return Low Return High NCLEX % Rank
US
82.49% 80.10% 101.74% 98.57%
Non US
7.95% 0.00% 12.64% 7.92%

Expenses

NCLEX - Expenses

Operational Fees

NCLEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.86% 0.06% 36.03% 88.32%
Management Fee 0.75% 0.05% 1.50% 33.65%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

NCLEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

NCLEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

NCLEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 21.56% 9.00% 474.00% 12.62%

Distributions

NCLEX - Distributions

Dividend Yield Analysis

NCLEX Category Low Category High NCLEX % Rank
Dividend Yield 0.00% 0.00% 29.01% 25.99%

Dividend Distribution Analysis

NCLEX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

NCLEX Category Low Category High NCLEX % Rank
Net Income Ratio 0.22% -2.35% 1.11% 7.31%

Capital Gain Distribution Analysis

NCLEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

NCLEX - Fund Manager Analysis

Managers

David Nicholas


Start Date

Tenure

Tenure Rank

Mar 31, 1993

27.19

27.2%

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 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.

Neal Dihora


Start Date

Tenure

Tenure Rank

Nov 23, 2016

3.52

3.5%

Dihora initially joined Wasatch Advisors Inc. in 2002 and worked for a year as a senior equities analyst. He then went to Nicholas Company Inc. as a research analyst and rejoined Wasatch in 2006. Mr. Neal Dihora has been Co-Portfolio Manager and joined Nicholas as a senior research analyst in June 2015. Dihora holds the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 28.84 8.06 3.25