NCTWX: Nicholas II I

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NCTWX Nicholas II I


Profile

NCTWX - Profile

Vitals

  • YTD Return -4.0%
  • 3 Yr Annualized Return -1.1%
  • 5 Yr Annualized Return -0.6%
  • Net Assets $888 M
  • Holdings in Top 10 19.4%

52 WEEK LOW AND HIGH

$27.18
$18.77
$31.57

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.60%

SALES FEES

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

BROKERAGE FEES

  • Turnover 19.75%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return -4.0%
  • 3 Yr Annualized Total Return 6.8%
  • 5 Yr Annualized Total Return 6.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.34%
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 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."


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Categories

Performance

NCTWX - Performance

Return Ranking - Trailing

Period NCTWX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.0% -30.2% 1827.8% 83.54%
1 Yr -8.2% -69.7% 1860.1% 85.69%
3 Yr -1.1%* -46.2% 177.3% 73.75%
5 Yr -0.6%* -33.7% 19.6% 64.90%
10 Yr 3.9%* -17.0% 19.6% 69.21%

* Annualized

Return Ranking - Calendar

Period NCTWX Return Category Return Low Category Return High Rank in Category (%)
2019 21.1% -50.2% 44.9% 67.64%
2018 -15.5% -51.7% 9.2% 48.30%
2017 13.2% -21.1% 36.0% 64.80%
2016 -0.2% -61.7% 40.3% 60.26%
2015 -5.1% -54.0% 12.2% 38.88%

Total Return Ranking - Trailing

Period NCTWX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.0% -30.2% 1827.8% 83.54%
1 Yr -8.2% -69.7% 1860.1% 85.69%
3 Yr 6.8%* -41.9% 177.3% 50.00%
5 Yr 6.4%* -26.9% 22.0% 46.36%
10 Yr 11.3%* -9.9% 19.7% 42.07%

* Annualized

Total Return Ranking - Calendar

Period NCTWX Return Category Return Low Category Return High Rank in Category (%)
2019 21.1% -50.2% 44.9% 67.64%
2018 -4.2% -51.7% 12.2% 18.49%
2017 25.6% -7.0% 39.4% 30.60%
2016 4.9% -61.7% 40.3% 41.47%
2015 0.9% -54.0% 12.2% 29.66%

NAV & Total Return History


Holdings

NCTWX - Holdings

Concentration Analysis

NCTWX Category Low Category High NCTWX % Rank
Net Assets 888 M 797 K 32.2 B 51.75%
Number of Holdings 75 16 2543 54.04%
Net Assets in Top 10 141 M 207 K 5.98 B 59.47%
Weighting of Top 10 19.43% 6.9% 96.0% 78.95%

Top 10 Holdings

  1. IHS Markit Ltd 2.26%
  2. ResMed Inc 2.23%
  3. TransUnion 2.19%
  4. Verisk Analytics Inc 2.08%
  5. Willis Towers Watson PLC 1.96%
  6. Global Payments Inc 1.82%
  7. Domino's Pizza Inc 1.74%
  8. BJ's Wholesale Club Holdings Inc 1.73%
  9. Knight-Swift Transportation Holdings Inc A 1.71%
  10. Conagra Brands Inc 1.71%

Asset Allocation

Weighting Return Low Return High NCTWX % Rank
Stocks
90.90% 88.42% 117.39% 99.47%
Cash
9.09% -22.20% 14.04% 0.53%
Preferred Stocks
0.00% 0.00% 1.67% 12.11%
Other
0.00% -13.50% 4.82% 17.89%
Convertible Bonds
0.00% 0.00% 0.25% 7.37%
Bonds
0.00% 0.00% 4.49% 9.12%

Stock Sector Breakdown

Weighting Return Low Return High NCTWX % Rank
Industrials
25.22% 0.00% 35.59% 2.63%
Technology
21.42% 0.00% 56.27% 87.37%
Healthcare
17.30% 0.00% 40.45% 71.23%
Consumer Cyclical
14.62% 0.24% 54.76% 34.74%
Consumer Defense
9.12% 0.00% 16.95% 3.16%
Financial Services
6.25% 0.00% 38.56% 48.60%
Real Estate
3.27% 0.00% 20.39% 53.33%
Basic Materials
1.66% 0.00% 18.77% 39.30%
Communication Services
1.15% 0.00% 26.42% 87.02%
Utilities
0.00% 0.00% 6.70% 28.42%
Energy
0.00% 0.00% 34.63% 44.04%

Stock Geographic Breakdown

Weighting Return Low Return High NCTWX % Rank
US
86.20% 80.29% 107.56% 90.18%
Non US
4.70% 0.00% 16.25% 39.30%

Expenses

NCTWX - Expenses

Operational Fees

NCTWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.60% 0.05% 27.43% 96.68%
Management Fee 0.52% 0.00% 1.50% 7.73%
12b-1 Fee N/A 0.00% 1.00% 0.58%
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

NCTWX 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

NCTWX 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.

NCTWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 19.75% 1.93% 385.00% 16.46%

Distributions

NCTWX - Distributions

Dividend Yield Analysis

NCTWX Category Low Category High NCTWX % Rank
Dividend Yield 0.00% 0.00% 40.51% 7.89%

Dividend Distribution Analysis

NCTWX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Net Income Ratio Analysis

NCTWX Category Low Category High NCTWX % Rank
Net Income Ratio 0.34% -2.56% 1.52% 6.75%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

NCTWX - Fund Manager Analysis

Managers

David Nicholas


Start Date

Tenure

Tenure Rank

Mar 31, 1993

27.27

27.3%

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.

Brian Janowski


Start Date

Tenure

Tenure Rank

Apr 30, 2018

2.17

2.2%

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. Mr. Brian J. Janowski has been Co-Portfolio Manager since April 2018. Mr. Janowski joined Nicholas as a senior research analyst in December 2016. 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 Category High Category Average Category Mode
0.06 33.52 8.25 0.33