Nicholas High Income I
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-6.0%
1 yr return
-4.8%
3 Yr Avg Return
-2.9%
5 Yr Avg Return
-2.2%
Net Assets
$96.6 M
Holdings in Top 10
17.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.73%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 30.24%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NCINX - Profile
Distributions
- YTD Total Return -6.0%
- 3 Yr Annualized Total Return -0.6%
- 5 Yr Annualized Total Return 0.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.26%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameNicholas High Income Fund
-
Fund Family NameNicholas
-
Inception DateNov 21, 1977
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerLawrence Pavelec
Fund Description
NCINX - Performance
Return Ranking - Trailing
Period | NCINX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -6.0% | -18.8% | 7.7% | 79.30% |
1 Yr | -4.8% | -17.9% | 10.8% | 73.03% |
3 Yr | -2.9%* | -9.5% | 1.9% | 71.70% |
5 Yr | -2.2%* | -5.3% | 1.5% | 89.74% |
10 Yr | -0.9%* | -4.1% | 1.4% | 68.95% |
* Annualized
Return Ranking - Calendar
Period | NCINX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.0% | -1.3% | 12.6% | 49.22% |
2022 | -7.1% | -14.2% | -0.4% | 20.92% |
2021 | -0.9% | -5.7% | 4.9% | 93.81% |
2020 | 5.0% | 0.5% | 13.4% | 85.87% |
2019 | -9.1% | -20.6% | 1.0% | 58.14% |
Total Return Ranking - Trailing
Period | NCINX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -6.0% | -18.8% | 7.7% | 79.30% |
1 Yr | -4.8% | -17.9% | 10.8% | 73.03% |
3 Yr | -0.6%* | -9.5% | 3.7% | 23.82% |
5 Yr | 0.9%* | -5.3% | 4.0% | 22.22% |
10 Yr | 3.8%* | -4.1% | 6.6% | 16.44% |
* Annualized
Total Return Ranking - Calendar
Period | NCINX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.0% | -1.3% | 12.6% | 51.88% |
2022 | -2.9% | -14.2% | 0.4% | 12.87% |
2021 | 4.3% | -5.1% | 9.3% | 18.81% |
2020 | 9.9% | 0.5% | 20.7% | 22.55% |
2019 | -5.6% | -20.6% | 1.0% | 30.81% |
NCINX - Holdings
Concentration Analysis
NCINX | Category Low | Category High | NCINX % Rank | |
---|---|---|---|---|
Net Assets | 96.6 M | 251 K | 25.6 B | 82.83% |
Number of Holdings | 91 | 3 | 1647 | 93.48% |
Net Assets in Top 10 | 17 M | -362 M | 2.13 B | 77.83% |
Weighting of Top 10 | 17.73% | 4.1% | 98.9% | 15.45% |
Top 10 Holdings
- CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.13% 2.09%
- LPL Holdings Inc. 5.75% 2.01%
- Panther BF Aggregator 2 LP / Panther Finance Company Inc 6.25% 1.97%
- Iqvia Inc 5% 1.87%
- KAR Auction Servic 5.13% 1.85%
- IHS Markit Ltd 4.75% 1.61%
- Equinix, Inc. 5.88% 1.60%
- Service Corporation International 5.38% 1.59%
- JBS USA LLC / JBS USA Finance INC 5.88% 1.59%
- Ritchie Bros Auctioneers Inc 5.38% 1.56%
Asset Allocation
Weighting | Return Low | Return High | NCINX % Rank | |
---|---|---|---|---|
Bonds | 87.63% | 81.62% | 148.76% | 94.35% |
Cash | 11.87% | -49.31% | 18.01% | 3.04% |
Preferred Stocks | 0.50% | 0.00% | 5.38% | 16.74% |
Stocks | 0.00% | 0.00% | 8.60% | 88.70% |
Other | 0.00% | -4.83% | 41.18% | 79.13% |
Convertible Bonds | 0.00% | 0.00% | 6.42% | 87.83% |
Bond Sector Breakdown
Weighting | Return Low | Return High | NCINX % Rank | |
---|---|---|---|---|
Corporate | 88.13% | 62.44% | 100.00% | 93.70% |
Cash & Equivalents | 11.87% | 0.00% | 32.30% | 3.70% |
Derivative | 0.00% | 0.00% | 7.46% | 74.13% |
Securitized | 0.00% | 0.00% | 10.88% | 80.65% |
Municipal | 0.00% | 0.00% | 0.58% | 70.22% |
Government | 0.00% | 0.00% | 21.25% | 78.04% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | NCINX % Rank | |
---|---|---|---|---|
US | 83.41% | 67.67% | 127.59% | 35.43% |
Non US | 4.22% | 0.17% | 29.53% | 95.43% |
NCINX - Expenses
Operational Fees
NCINX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.73% | 0.13% | 20.17% | 78.95% |
Management Fee | 0.45% | 0.00% | 1.10% | 12.25% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
NCINX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
NCINX 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.
NCINX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 30.24% | 16.00% | 216.00% | 12.78% |
NCINX - Distributions
Dividend Yield Analysis
NCINX | Category Low | Category High | NCINX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 2.43% | 69.57% |
Dividend Distribution Analysis
NCINX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
NCINX | Category Low | Category High | NCINX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.26% | 2.13% | 9.34% | 84.50% |
Capital Gain Distribution Analysis
NCINX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2018 | $0.097 | |
Oct 25, 2018 | $0.099 | |
Jul 25, 2018 | $0.096 | |
Apr 25, 2018 | $0.096 | |
Dec 28, 2017 | $0.108 | |
Oct 26, 2017 | $0.115 | |
Jul 26, 2017 | $0.118 | |
Apr 26, 2017 | $0.128 | |
Dec 29, 2016 | $0.105 | |
Oct 27, 2016 | $0.112 | |
Jul 28, 2016 | $0.102 | |
Apr 28, 2016 | $0.102 | |
Dec 30, 2015 | $0.115 | |
Oct 28, 2015 | $0.011 | |
Jul 29, 2015 | $0.114 | |
Apr 29, 2015 | $0.119 | |
Dec 30, 2014 | $0.115 | |
Oct 28, 2014 | $0.121 | |
Jul 30, 2014 | $0.136 | |
Apr 29, 2014 | $0.134 | |
Dec 30, 2013 | $0.142 | |
Oct 30, 2013 | $0.135 | |
Jul 30, 2013 | $0.155 | |
Apr 30, 2013 | $0.144 | |
Dec 21, 2012 | $0.164 | |
Oct 30, 2012 | $0.156 | |
Jul 26, 2012 | $0.159 | |
Apr 27, 2012 | $0.159 | |
Dec 29, 2011 | $0.173 | |
Oct 28, 2011 | $0.173 | |
Jul 27, 2011 | $0.189 | |
Apr 27, 2011 | $0.173 | |
Dec 29, 2010 | $0.192 | |
Oct 27, 2010 | $0.170 | |
Jul 28, 2010 | $0.176 | |
Apr 29, 2010 | $0.185 | |
Dec 28, 2009 | $0.191 | |
Oct 29, 2009 | $0.183 | |
Jul 29, 2009 | $0.168 | |
Apr 29, 2009 | $0.116 | |
Dec 30, 2008 | $0.175 | |
Oct 30, 2008 | $0.192 | |
Jul 29, 2008 | $0.195 | |
Apr 29, 2008 | $0.152 | |
Dec 24, 2007 | $0.188 | |
Oct 29, 2007 | $0.177 | |
Jul 25, 2007 | $0.195 | |
Apr 27, 2007 | $0.190 | |
Dec 29, 2006 | $0.188 | |
Oct 30, 2006 | $0.185 | |
Jul 26, 2006 | $0.189 | |
Apr 28, 2006 | $0.185 | |
Dec 22, 2005 | $0.198 | |
Oct 31, 2005 | $0.200 | |
Jul 26, 2005 | $0.197 | |
May 02, 2005 | $0.195 | |
Dec 30, 2004 | $0.210 | |
Oct 22, 2004 | $0.198 | |
Jul 23, 2004 | $0.200 | |
Apr 29, 2004 | $0.213 | |
Dec 30, 2003 | $0.213 | |
Oct 24, 2003 | $0.220 | |
Jul 24, 2003 | $0.200 | |
May 02, 2003 | $0.213 | |
Dec 30, 2002 | $0.188 | |
Oct 29, 2002 | $0.255 | |
Jul 22, 2002 | $0.275 | |
Apr 26, 2002 | $0.275 | |
Dec 28, 2001 | $0.340 | |
Oct 18, 2001 | $0.275 | |
Jun 19, 2001 | $0.600 | |
Apr 25, 2001 | $0.300 | |
Dec 28, 2000 | $0.355 | |
Oct 18, 2000 | $0.385 | |
Jul 21, 2000 | $0.400 | |
Apr 19, 2000 | $0.390 | |
Dec 30, 1999 | $0.423 | |
Oct 21, 1999 | $0.439 | |
Jul 22, 1999 | $0.410 | |
Apr 23, 1999 | $0.385 | |
Dec 31, 1998 | $0.428 | |
Oct 21, 1998 | $0.420 | |
Jul 21, 1998 | $0.375 | |
Apr 28, 1998 | $0.355 | |
Dec 31, 1997 | $0.397 | |
Oct 21, 1997 | $0.355 | |
Jul 22, 1997 | $0.345 | |
Apr 29, 1997 | $0.355 | |
Dec 31, 1996 | $0.370 | |
Oct 16, 1996 | $0.370 | |
Jul 16, 1996 | $0.365 | |
Apr 23, 1996 | $0.360 | |
Dec 31, 1995 | $0.380 | |
Oct 17, 1995 | $0.365 | |
Jul 18, 1995 | $0.365 | |
Apr 25, 1995 | $0.365 | |
Dec 31, 1994 | $0.400 | |
Oct 18, 1994 | $0.370 | |
Jul 26, 1994 | $0.370 | |
Apr 27, 1994 | $0.365 | |
Dec 31, 1993 | $0.370 | |
Oct 20, 1993 | $0.365 | |
Jul 28, 1993 | $0.350 | |
Apr 28, 1993 | $0.360 | |
Oct 22, 1992 | $0.350 | |
Jul 22, 1992 | $0.350 | |
Apr 24, 1992 | $0.370 | |
Dec 31, 1991 | $0.405 | |
Oct 23, 1991 | $0.425 | |
Jul 24, 1991 | $0.450 | |
Apr 24, 1991 | $0.450 | |
Dec 31, 1990 | $0.505 | |
Oct 24, 1990 | $0.495 | |
Jul 25, 1990 | $0.495 | |
Apr 25, 1990 | $0.490 | |
Jan 02, 1990 | $0.490 | |
Oct 30, 1989 | $0.470 | |
Jul 26, 1989 | $0.485 | |
Apr 26, 1989 | $0.470 |
NCINX - Fund Manager Analysis
Managers
Lawrence Pavelec
Start Date
Tenure
Tenure Rank
Apr 30, 2003
17.18
17.2%
Mr. Pavelec serves in a leadership position for Nicholas Company as the Chief Operating Officer and head of product distribution. Mr. Pavelec joined Nicholas Company in 2003, to serve as the portfolio manager lead the product distribution effort. His career as a credit analyst and portfolio manager began in 1984 with M&I Investment Management Corp., where he focused on investment-grade corporate bonds, asset-backed securities and mortgage-backed securities. Before joining Nicholas, he was with Brandes Investment Partners as the co-manager for Brandes Fixed Income Partners, serving as portfolio manager and head of marketing for the firm. Mr. Pavelec earned his B.S. in Finance from the University of Wisconsin at La Crosse. He has served on various non-profit boards over the years including the Mequon-Theinsville Education Foundation and North Shore County Club. He has earned the right to use the CFA designation and is a member of the CFA Society Milwaukee.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.16 | 35.88 | 6.92 | 1.5 |