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Nicholas
- NICSX
- Price as of: Oct 23, 2020
-
$74.51
N/A N/A
- Primary Theme
- U.S. Large-Cap Growth Equity
- Fund Company
- Nicholas
- Share Class
NICSX - Snapshot
Vitals
- YTD Return 7.7%
- 3 Yr Annualized Return 13.8%
- 5 Yr Annualized Return 10.7%
- Net Assets $3.02 B
- Holdings in Top 10 31.7%
52 WEEK LOW AND HIGH
$74.51
$49.20
$76.47
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.72%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 15.36%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $500
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Large-Cap Growth Equity
- Fund Type Open End Mutual Fund
- Investment Style Large Growth
NICSX - Profile
Distributions
- YTD Total Return 7.7%
- 3 Yr Annualized Total Return 13.8%
- 5 Yr Annualized Total Return 10.7%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 0.49%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameNicholas Fund
-
Fund Family NameNicholas
-
Inception DateJul 14, 1969
-
Shares OutstandingN/A
-
Share ClassNo Load
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDavid Nicholas
Fund Description
The fund primarily invests in common stocks of domestic small, medium- and large-sized companies believed to have growth potential. The adviser believes a company's annual sales volume and market capitalization (the number of shares outstanding multiplied by the per share price) are the factors most illustrative of a company's size. In distinguishing company size in terms of sales volume, the adviser considers a company's sales volume relative to peer companies in the company's industry.
NICSX - Performance
Return Ranking - Trailing
| Period | NICSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.7% | -69.3% | 106.9% | 91.30% |
| 1 Yr | 16.0% | -9.0% | 155.9% | 89.30% |
| 3 Yr | 13.8%* | -5.1% | 45.9% | 78.75% |
| 5 Yr | 10.7%* | -9.5% | 35.0% | 95.37% |
| 10 Yr | 13.7%* | 5.5% | 23.4% | 75.32% |
* Annualized
Return Ranking - Calendar
| Period | NICSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 23.2% | -28.8% | 76.0% | 56.43% |
| 2018 | -8.7% | -64.5% | 10.6% | 33.01% |
| 2017 | 1.2% | -68.7% | 64.3% | 96.40% |
| 2016 | -2.6% | -56.6% | 15.3% | 67.09% |
| 2015 | -8.3% | -82.5% | 11.4% | 78.57% |
Total Return Ranking - Trailing
| Period | NICSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.7% | -69.3% | 106.9% | 90.86% |
| 1 Yr | 16.0% | -10.5% | 153.3% | 86.42% |
| 3 Yr | 13.8%* | -7.0% | 45.9% | 77.47% |
| 5 Yr | 10.7%* | -10.5% | 35.0% | 94.89% |
| 10 Yr | 13.7%* | 5.5% | 23.4% | 74.57% |
* Annualized
Total Return Ranking - Calendar
| Period | NICSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 23.2% | -28.8% | 76.0% | 56.58% |
| 2018 | -1.5% | -64.5% | 16.5% | 18.94% |
| 2017 | 17.5% | -24.8% | 64.3% | 84.93% |
| 2016 | 0.9% | -56.6% | 17.1% | 62.93% |
| 2015 | -3.0% | -38.0% | 17.3% | 76.52% |
NAV & Total Return History
NICSX - Holdings
Concentration Analysis
| NICSX | Category Low | Category High | NICSX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.02 B | 10.3 K | 225 B | 36.36% |
| Number of Holdings | 63 | 1 | 2370 | 51.45% |
| Net Assets in Top 10 | 884 M | 425 K | 89.8 B | 42.67% |
| Weighting of Top 10 | 31.67% | 10.7% | 100.0% | 87.56% |
Top 10 Holdings
- Microsoft Corp 5.10%
- Apple Inc 4.55%
- Alphabet Inc Class C 3.60%
- Thermo Fisher Scientific Inc 3.09%
- Visa Inc Class A 2.87%
- Aon PLC 2.86%
- Amazon.com Inc 2.57%
- The Home Depot Inc 2.42%
- Cintas Corp 2.41%
- O'Reilly Automotive Inc 2.19%
Asset Allocation
| Weighting | Return Low | Return High | NICSX % Rank | |
|---|---|---|---|---|
| Stocks | 96.83% | 56.28% | 112.08% | 78.29% |
| Cash | 3.17% | -12.08% | 40.08% | 18.07% |
| Preferred Stocks | 0.00% | 0.00% | 2.39% | 74.46% |
| Other | 0.00% | -7.45% | 18.94% | 75.98% |
| Convertible Bonds | 0.00% | 0.00% | 6.89% | 71.63% |
| Bonds | 0.00% | -0.47% | 13.73% | 72.36% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | NICSX % Rank | |
|---|---|---|---|---|
| Technology | 23.64% | 0.00% | 54.96% | 83.96% |
| Healthcare | 19.87% | 0.00% | 69.42% | 13.06% |
| Financial Services | 15.96% | 0.00% | 41.61% | 9.43% |
| Consumer Cyclical | 14.85% | 0.00% | 44.53% | 58.06% |
| Industrials | 10.55% | 0.00% | 27.72% | 8.64% |
| Communication Services | 6.16% | 0.00% | 67.67% | 94.56% |
| Consumer Defense | 5.92% | 0.00% | 18.61% | 19.01% |
| Real Estate | 1.91% | 0.00% | 23.28% | 41.65% |
| Energy | 1.14% | 0.00% | 19.81% | 16.55% |
| Utilities | 0.00% | 0.00% | 11.79% | 80.84% |
| Basic Materials | 0.00% | 0.00% | 13.33% | 91.44% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | NICSX % Rank | |
|---|---|---|---|---|
| US | 94.32% | 54.86% | 106.92% | 46.81% |
| Non US | 2.51% | 0.00% | 36.31% | 64.66% |
NICSX - Expenses
Operational Fees
| NICSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.72% | 0.01% | 23.28% | 76.58% |
| Management Fee | 0.65% | 0.00% | 1.50% | 56.67% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
| NICSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.50% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| NICSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 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.
| NICSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 15.36% | 0.00% | 464.00% | 12.84% |
NICSX - Distributions
Dividend Yield Analysis
| NICSX | Category Low | Category High | NICSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 18.65% | 73.29% |
Dividend Distribution Analysis
| NICSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Net Income Ratio Analysis
| NICSX | Category Low | Category High | NICSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.49% | -8.87% | 2.43% | 25.93% |
Capital Gain Distribution Analysis
| NICSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Jun 07, 2017 | $0.176 |
| Jun 07, 2012 | $0.014 |
| Dec 28, 2011 | $0.128 |
| Jun 08, 2011 | $0.056 |
| Dec 28, 2010 | $0.030 |
| Dec 28, 2009 | $0.026 |
| Jun 08, 2009 | $0.068 |
| Dec 29, 2008 | $0.100 |
| Jun 05, 2008 | $0.071 |
| Dec 26, 2007 | $0.145 |
| Jun 07, 2007 | $0.084 |
| Dec 26, 2006 | $0.734 |
| Jun 07, 2006 | $0.083 |
| Dec 29, 2005 | $0.171 |
| Jun 08, 2005 | $0.080 |
| Dec 29, 2004 | $0.045 |
| Jun 09, 2004 | $0.023 |
| Dec 29, 2003 | $0.060 |
| Jun 10, 2003 | $0.031 |
| Dec 27, 2002 | $0.159 |
| Dec 26, 2001 | $0.116 |
| Jun 19, 2001 | $0.120 |
| Dec 22, 2000 | $0.100 |
| Jun 19, 2000 | $0.090 |
| Dec 22, 1999 | $0.259 |
| May 20, 1999 | $0.052 |
| Dec 31, 1998 | $0.454 |
| May 20, 1998 | $0.134 |
| Dec 31, 1997 | $0.221 |
| May 21, 1997 | $0.119 |
| Dec 27, 1996 | $0.260 |
NICSX - Fund Manager Analysis
Managers
David Nicholas
Start Date
Tenure
Tenure Rank
Apr 30, 2011
9.43
9.4%
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.
Michael Shelton
Start Date
Tenure
Tenure Rank
Aug 29, 2016
4.09
4.1%
Michael joined Nicholas Company in 2006. He serves as lead portfolio manager of Nicholas Equity Income Fund, co-portfolio manager of Nicholas Fund and is a senior research analyst. Michael has a depth of knowledge following years of covering the healthcare, technology and industrial sectors. Michael has had the opportunity to work alongside Dave and Ab Nicholas analyzing companies for each of the investment strategies. This experience has provided a sound basis for his adoption of the long held Nicholas investment philosophy and process. Prior to joining Nicholas Company, Michael worked for the Department of Defense Financing & Accounting Service as a financial analyst. He spent three years with Robert W. Baird as a research analyst and at McDonald Investments for one year focusing on healthcare companies. Before starting his investment career, he worked with Ernst & Young as an auditor and tax consultant. Michael has earned his CPA and CFA designations. He graduated magna cum laude from Miami University in Oxford, Ohio and obtained his MBA from The Ohio State University. He is a member of the CFA Society Milwaukee. Michael joined Nicholas Company in 2006. He serves as lead portfolio manager of Nicholas Equity Income Fund, co-portfolio manager of Nicholas Fund and is a senior research analyst. Michael has a depth of knowledge following years of covering the healthcare, technology and industrial sectors. Michael has had the opportunity to work alongside Dave and Ab Nicholas analyzing companies for each of the investment strategies. This experience has provided a sound basis for his adoption of the long held Nicholas investment philosophy and process. Prior to joining Nicholas Company, Michael worked for the Department of Defense Financing & Accounting Service as a financial analyst. He spent three years with Robert W. Baird as a research analyst and at McDonald Investments for one year focusing on healthcare companies. Before starting his investment career, he worked with Ernst & Young as an auditor and tax consultant. Michael has earned his CPA and CFA designations. He graduated magna cum laude from Miami University in Oxford, Ohio and obtained his MBA from The Ohio State University. He is a member of the CFA Society Milwaukee.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.06 | 52.78 | 7.84 | 0.75 |
