Nicholas Equity Income Fund Class I (NSEIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Mid-cap value
Style or Category
No Load
Sales Expenses
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks to produce reasonable income and the fund's secondary goal is moderate long-term growth. To achieve moderate long-term growth- the fund seeks a five-year return which approximates three-fourths of the average total return achieved over a five-year period on the S&P 500 Index. It invests in a diversified portfolio of income-producing equity securities (including common stocks- preferred stocks and convertible securities) and corporate and government fixed income investments (including notes- bonds and debentures). The fund invests- under normal market conditions- at least 80% of its net assets in equity securities.


1 month+0.63% 3 years+5.61%
3 months+1.08% 5 years+9.77%
1 year+7.95% Since inception+8.25%
Data through --

Peer Comparisonvs. Mid-cap value

Performance 5-yr return+9.77%+13.25%
Expense ratio0.72%1.13%
Risk 5 year sharpe ratio0.980.98
Net assets$479.7M$1.8B
Average market cap$30.8B$10.7B
Average P/E23.015.5
Portfolio turnover36%36%

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Fund Management and Purchase Info

Fund familyNicholas
Fund manager & tenureMichael Shelton / 6 Years
Minimal initial investment$500.00
Minimum IRA investment--


U.S. stock88.57%
International stock3.49%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Consumer goods 24.98%
Business service 13.33%
Financial service 11.49%
Industrial materials 9.94%
Consumer service 9.80%
Top 10 Holdings
Portfolio weighting
MSFT Microsoft3.27%
PFE Pfizer2.99%
AAPL Apple2.91%
SNA Snap-On Inc2.88%
NTRS Northern Trust2.78%
INTC Intel2.62%
PNC PNC Financial Services Group2.41%
ABT Abbott Laboratories2.38%
HD Home Depot2.36%
R Ryder System Inc2.18%