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NICHOLAS FUND INC
mutual fund
NICSX
Payout Change
Pending
Price as of:
$100.63
-0.67
-0.66%
primary theme
U.S. Large-Cap Growth Equity
share class
NICSX (Mutual Fund)
NICHOLAS FUND INC
Payout Change
Pending
Price as of:
$100.63
-0.67
-0.66%
primary theme
U.S. Large-Cap Growth Equity
share class
NICSX (Mutual Fund)
NICHOLAS FUND INC
Payout Change
Pending
Price as of:
$100.63
-0.67
-0.66%
primary theme
U.S. Large-Cap Growth Equity
share class
Name
As of 12/13/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
21.2%
1 yr return
22.7%
3 Yr Avg Return
10.9%
5 Yr Avg Return
15.3%
Net Assets
$4.47 B
Holdings in Top 10
28.7%
52 WEEK LOW AND HIGH
$101.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.70%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 11.49%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/13/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
NICSX - Profile
Distributions
- YTD Total Return 21.2%
- 3 Yr Annualized Total Return 10.9%
- 5 Yr Annualized Total Return 15.3%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 0.18%
- Dividend Yield 0.1%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameNICHOLAS FUND INC
-
Fund Family NameNicholas
-
Inception DateJan 03, 1994
-
Shares Outstanding44045957
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Nicholas
Fund Description
To pursue the Fund’s investment objective of long-term growth, it primarily invests in common stocks of domestic small, medium- and large‑sized companies believed to have growth potential. The Fund 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 Fund considers a company’s sales volume relative to peer
companies in the company’s industry. In terms of market capitalization, the Fund 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.” The Fund looks for established companies with the potential for superior growth in sales and earnings in a diversified group of industries. The Fund’s investment philosophy is basically a long-term growth philosophy, based upon the assumption that if a company achieves superior growth in sales and earnings, eventually the company’s stock will achieve superior performance. It is anticipated that a major portion of the Fund’s portfolio will be invested in common stocks of the types of companies, and in the manner, as described above.
NICSX - Performance
Return Ranking - Trailing
| Period | NICSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.2% | -37.8% | 56.1% | 86.27% |
| 1 Yr | 22.7% | -36.3% | 134.4% | 88.55% |
| 3 Yr | 10.9%* | -21.2% | 35.4% | 22.10% |
| 5 Yr | 15.3%* | -12.8% | 32.8% | 63.90% |
| 10 Yr | 12.0%* | -3.9% | 21.1% | 82.19% |
* Annualized
Return Ranking - Calendar
| Period | NICSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 25.1% | -74.1% | 72.4% | 74.45% |
| 2022 | -19.9% | -85.9% | 4.7% | 4.36% |
| 2021 | 12.2% | -52.4% | 60.5% | 36.11% |
| 2020 | 10.9% | -34.3% | 145.0% | 94.76% |
| 2019 | 23.2% | -6.9% | 49.4% | 62.79% |
Total Return Ranking - Trailing
| Period | NICSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.2% | -37.8% | 56.1% | 86.27% |
| 1 Yr | 22.7% | -36.3% | 134.4% | 88.55% |
| 3 Yr | 10.9%* | -21.2% | 35.4% | 22.10% |
| 5 Yr | 15.3%* | -12.8% | 32.8% | 63.90% |
| 10 Yr | 12.0%* | -3.9% | 21.1% | 82.19% |
* Annualized
Total Return Ranking - Calendar
| Period | NICSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 34.2% | -4.6% | 72.4% | 62.50% |
| 2022 | -18.1% | -61.7% | 5.6% | 6.39% |
| 2021 | 26.6% | -39.8% | 118.1% | 21.14% |
| 2020 | 18.9% | 2.8% | 149.2% | 95.34% |
| 2019 | 33.5% | -5.2% | 49.4% | 45.77% |
NAV & Total Return History
NICSX - Holdings
Concentration Analysis
| NICSX | Category Low | Category High | NICSX % Rank | |
|---|---|---|---|---|
| Net Assets | 4.47 B | 296 K | 287 B | 33.45% |
| Number of Holdings | 63 | 2 | 3061 | 47.37% |
| Net Assets in Top 10 | 1.23 B | 126 K | 150 B | 42.29% |
| Weighting of Top 10 | 28.71% | 0.7% | 205.0% | 96.54% |
Top 10 Holdings
- Microsoft Corp. COM USD0.00000625 4.60%
- Alphabet Inc. CAP USD0.001 CL C 4.37%
- Amazon.com, Inc. COM USD0.01 3.62%
- Apple Inc. COM USD0.00001 3.19%
- NVIDIA Corp. COM USD0.001 2.27%
- O'Reilly Automotive Inc. USD0.01 2.24%
- Costco Wholesale Corporation COM USD0.01 2.18%
- Home Depot Inc. COM USD0.05 2.18%
- Fiserv Inc. COM USD0.01 2.07%
- SP Global Inc COM USD1 1.99%
Asset Allocation
| Weighting | Return Low | Return High | NICSX % Rank | |
|---|---|---|---|---|
| Stocks | 95.76% | 0.00% | 123.52% | 92.20% |
| Cash | 2.95% | 0.00% | 173.52% | 13.61% |
| Bonds | 1.29% | 0.00% | 102.71% | 1.36% |
| Preferred Stocks | 0.00% | 0.00% | 8.45% | 81.22% |
| Other | 0.00% | -36.56% | 50.35% | 82.40% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 79.45% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | NICSX % Rank | |
|---|---|---|---|---|
| Technology | 30.63% | 0.00% | 65.70% | 68.45% |
| Healthcare | 15.84% | 0.00% | 39.76% | 20.55% |
| Financial Services | 15.62% | 0.00% | 43.06% | 13.00% |
| Consumer Cyclical | 13.19% | 0.00% | 62.57% | 65.82% |
| Industrials | 9.95% | 0.00% | 30.65% | 12.18% |
| Communication Services | 6.13% | 0.00% | 66.40% | 83.91% |
| Consumer Defense | 3.97% | 0.00% | 25.50% | 45.73% |
| Basic Materials | 2.45% | 0.00% | 18.91% | 24.18% |
| Energy | 1.25% | 0.00% | 41.09% | 35.27% |
| Real Estate | 0.98% | 0.00% | 16.05% | 51.00% |
| Utilities | 0.00% | 0.00% | 16.07% | 84.91% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | NICSX % Rank | |
|---|---|---|---|---|
| US | 95.76% | 0.00% | 123.52% | 77.68% |
| Non US | 0.00% | 0.00% | 75.46% | 86.03% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | NICSX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 2.75% | 0.00% | 173.52% | 14.34% |
| Derivative | 0.00% | -37.20% | 15.33% | 77.40% |
| Securitized | 0.00% | 0.00% | 43.70% | 77.62% |
| Corporate | 0.00% | 0.00% | 100.00% | 79.90% |
| Municipal | 0.00% | 0.00% | 0.57% | 77.62% |
| Government | 0.00% | 0.00% | 12.45% | 77.90% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | NICSX % Rank | |
|---|---|---|---|---|
| US | 1.29% | 0.00% | 102.71% | 1.36% |
| Non US | 0.00% | 0.00% | 0.00% | 78.31% |
NICSX - Expenses
Operational Fees
| NICSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.70% | 0.01% | 28.71% | 73.59% |
| Management Fee | 0.65% | 0.00% | 1.50% | 63.89% |
| 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 | 2.25% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| NICSX 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.
| NICSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 11.49% | 0.00% | 316.74% | 12.44% |
NICSX - Distributions
Dividend Yield Analysis
| NICSX | Category Low | Category High | NICSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.14% | 0.00% | 27.58% | 7.36% |
Dividend Distribution Analysis
| NICSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| NICSX | Category Low | Category High | NICSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.18% | -6.13% | 3.48% | 17.35% |
Capital Gain Distribution Analysis
| NICSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 27, 2023 | $0.254 | OrdinaryDividend |
| Dec 27, 2023 | $2.799 | CapitalGainLongTerm |
| Jun 07, 2023 | $0.065 | OrdinaryDividend |
| Jun 07, 2023 | $2.781 | CapitalGainLongTerm |
| Dec 28, 2022 | $0.317 | OrdinaryDividend |
| Jun 08, 2022 | $1.249 | OrdinaryDividend |
| Dec 29, 2021 | $4.692 | OrdinaryDividend |
| Jun 02, 2021 | $5.545 | OrdinaryDividend |
| Dec 29, 2020 | $3.677 | OrdinaryDividend |
| Jun 03, 2020 | $1.535 | OrdinaryDividend |
| Dec 27, 2019 | $0.252 | OrdinaryDividend |
| Dec 27, 2019 | $3.391 | CapitalGainLongTerm |
| Jun 05, 2019 | $0.085 | OrdinaryDividend |
| Jun 05, 2019 | $1.851 | CapitalGainLongTerm |
| Dec 27, 2018 | $0.306 | OrdinaryDividend |
| Dec 27, 2018 | $2.642 | CapitalGainLongTerm |
| Jun 06, 2018 | $0.086 | OrdinaryDividend |
| Jun 06, 2018 | $1.479 | CapitalGainLongTerm |
| Dec 27, 2017 | $0.230 | OrdinaryDividend |
| Dec 27, 2017 | $4.025 | CapitalGainLongTerm |
| Jun 07, 2017 | $0.176 | OrdinaryDividend |
| Jun 07, 2017 | $5.177 | CapitalGainLongTerm |
| Dec 28, 2016 | $0.321 | OrdinaryDividend |
| Dec 28, 2016 | $1.177 | CapitalGainLongTerm |
| Jun 09, 2016 | $0.118 | OrdinaryDividend |
| Jun 09, 2016 | $0.599 | CapitalGainLongTerm |
| Dec 29, 2015 | $0.281 | OrdinaryDividend |
| Dec 29, 2015 | $1.253 | CapitalGainLongTerm |
| Jun 04, 2015 | $0.113 | OrdinaryDividend |
| Jun 04, 2015 | $0.067 | CapitalGainShortTerm |
| Jun 04, 2015 | $2.170 | CapitalGainLongTerm |
| Dec 29, 2014 | $0.151 | OrdinaryDividend |
| Dec 29, 2014 | $0.184 | CapitalGainShortTerm |
| Dec 29, 2014 | $2.469 | CapitalGainLongTerm |
| Jun 04, 2014 | $0.056 | OrdinaryDividend |
| Jun 04, 2014 | $0.129 | CapitalGainShortTerm |
| Jun 04, 2014 | $2.874 | CapitalGainLongTerm |
| Dec 27, 2013 | $0.100 | OrdinaryDividend |
| Dec 27, 2013 | $0.054 | CapitalGainShortTerm |
| Dec 27, 2013 | $1.960 | CapitalGainLongTerm |
| Jun 05, 2013 | $0.227 | OrdinaryDividend |
| Jun 05, 2013 | $0.775 | CapitalGainLongTerm |
| Dec 26, 2012 | $1.757 | CapitalGainLongTerm |
| Jun 07, 2012 | $0.014 | OrdinaryDividend |
| Jun 07, 2012 | $0.856 | CapitalGainLongTerm |
| Dec 28, 2011 | $0.128 | OrdinaryDividend |
| Dec 28, 2011 | $1.668 | CapitalGainLongTerm |
| Jun 08, 2011 | $0.056 | OrdinaryDividend |
| Jun 08, 2011 | $0.117 | CapitalGainShortTerm |
| Jun 08, 2011 | $1.567 | CapitalGainLongTerm |
| Dec 28, 2010 | $0.030 | OrdinaryDividend |
| Dec 28, 2010 | $0.083 | CapitalGainShortTerm |
| Dec 28, 2010 | $1.989 | CapitalGainLongTerm |
| Jun 08, 2010 | $1.674 | CapitalGainLongTerm |
| Dec 28, 2009 | $0.026 | OrdinaryDividend |
| Jun 08, 2009 | $0.068 | OrdinaryDividend |
| Dec 29, 2008 | $0.100 | OrdinaryDividend |
| Jun 05, 2008 | $0.471 | CapitalGainShortTerm |
| Jun 05, 2008 | $4.139 | CapitalGainLongTerm |
| Jun 05, 2008 | $0.071 | OrdinaryDividend |
| Dec 26, 2007 | $0.145 | OrdinaryDividend |
| Dec 26, 2007 | $6.400 | CapitalGainLongTerm |
| Jun 07, 2007 | $0.084 | OrdinaryDividend |
| Jun 07, 2007 | $3.550 | CapitalGainLongTerm |
| Dec 26, 2006 | $0.734 | OrdinaryDividend |
| Dec 26, 2006 | $3.300 | CapitalGainLongTerm |
| Jun 07, 2006 | $0.083 | OrdinaryDividend |
| Jun 07, 2006 | $1.031 | CapitalGainLongTerm |
| Dec 29, 2005 | $0.171 | OrdinaryDividend |
| Dec 29, 2005 | $3.656 | CapitalGainLongTerm |
| Jun 08, 2005 | $0.080 | OrdinaryDividend |
| Jun 08, 2005 | $0.187 | CapitalGainShortTerm |
| Jun 08, 2005 | $1.477 | CapitalGainLongTerm |
| Dec 29, 2004 | $0.045 | OrdinaryDividend |
| Dec 29, 2004 | $0.410 | CapitalGainLongTerm |
| Jun 09, 2004 | $0.023 | OrdinaryDividend |
| Dec 29, 2003 | $0.060 | OrdinaryDividend |
| Jun 10, 2003 | $0.031 | OrdinaryDividend |
| Dec 27, 2002 | $0.159 | OrdinaryDividend |
| Dec 26, 2001 | $0.116 | OrdinaryDividend |
| Jun 19, 2001 | $0.120 | OrdinaryDividend |
| Dec 26, 2000 | $0.100 | OrdinaryDividend |
| Dec 26, 2000 | $3.800 | CapitalGainLongTerm |
| Jun 20, 2000 | $0.090 | OrdinaryDividend |
| Jun 20, 2000 | $15.450 | CapitalGainLongTerm |
| Dec 23, 1999 | $0.259 | OrdinaryDividend |
| Dec 23, 1999 | $1.200 | CapitalGainLongTerm |
| May 21, 1999 | $0.052 | OrdinaryDividend |
| May 21, 1999 | $4.743 | CapitalGainLongTerm |
| Dec 30, 1998 | $0.454 | OrdinaryDividend |
| Dec 30, 1998 | $5.800 | CapitalGainLongTerm |
| May 18, 1998 | $0.134 | OrdinaryDividend |
| May 18, 1998 | $2.472 | CapitalGainLongTerm |
| Dec 29, 1997 | $0.221 | OrdinaryDividend |
| Dec 29, 1997 | $0.043 | CapitalGainShortTerm |
| Dec 29, 1997 | $4.693 | CapitalGainLongTerm |
| May 16, 1997 | $0.119 | OrdinaryDividend |
| May 16, 1997 | $1.086 | CapitalGainLongTerm |
| Dec 27, 1996 | $0.260 | OrdinaryDividend |
| Dec 27, 1996 | $0.163 | CapitalGainShortTerm |
| Dec 27, 1996 | $2.560 | CapitalGainLongTerm |
| Dec 26, 1995 | $0.404 | OrdinaryDividend |
| May 15, 1995 | $0.220 | OrdinaryDividend |
| Dec 27, 1994 | $0.450 | OrdinaryDividend |
| May 16, 1994 | $0.257 | OrdinaryDividend |
| Dec 24, 1993 | $0.518 | OrdinaryDividend |
| May 24, 1993 | $0.300 | OrdinaryDividend |
| Dec 28, 1992 | $0.415 | OrdinaryDividend |
| May 15, 1992 | $0.296 | OrdinaryDividend |
| Dec 30, 1991 | $0.490 | OrdinaryDividend |
| May 21, 1991 | $0.189 | OrdinaryDividend |
| Dec 27, 1990 | $0.589 | OrdinaryDividend |
| May 21, 1990 | $0.226 | OrdinaryDividend |
| Dec 27, 1989 | $0.706 | OrdinaryDividend |
NICSX - Fund Manager Analysis
Managers
David Nicholas
Start Date
Tenure
Tenure Rank
Apr 30, 2011
11.09
11.1%
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
5.76
5.8%
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 |
|---|---|---|---|
| 0.04 | 54.45 | 8.25 | 3.08 |
