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Trending ETFs

Name

As of

Price

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

-

$96.6 M

-

0.73%

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

N/A
N/A
N/A

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 of

Price

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

-

$96.6 M

-

0.73%

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%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Nicholas High Income Fund
  • Fund Family Name
    Nicholas
  • Inception Date
    Nov 21, 1977
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Lawrence 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

  1. CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.13% 2.09%
  2. LPL Holdings Inc. 5.75% 2.01%
  3. Panther BF Aggregator 2 LP / Panther Finance Company Inc 6.25% 1.97%
  4. Iqvia Inc 5% 1.87%
  5. KAR Auction Servic 5.13% 1.85%
  6. IHS Markit Ltd 4.75% 1.61%
  7. Equinix, Inc. 5.88% 1.60%
  8. Service Corporation International 5.38% 1.59%
  9. JBS USA LLC / JBS USA Finance INC 5.88% 1.59%
  10. 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

View More +

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