Fund
NNTWX
Price as of:
$33.25
- $0.32
- 0.95%
Primary Theme
fund company
Name
As of 10/07/2024Price
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
5.3%
1 yr return
17.9%
3 Yr Avg Return
2.8%
5 Yr Avg Return
9.6%
Net Assets
$1.11 B
Holdings in Top 10
21.4%
52 WEEK LOW AND HIGH
$33.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.91%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 19.57%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/07/2024Price
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
NNTWX - Profile
Distributions
- YTD Total Return 5.3%
- 3 Yr Annualized Total Return 2.8%
- 5 Yr Annualized Total Return 9.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.15%
- Dividend Yield 0.3%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameNICHOLAS II INC
-
Fund Family NameNicholas Family of Funds
-
Inception DateMar 03, 2005
-
Shares Outstanding2811490
-
Share ClassN
-
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 corporations with medium‑sized market capitalizations believed to have growth potential. The Fund believes a company’s annual sales volume and the 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.” To a lesser extent, the Fund may invest in companies with small and large market capitalizations. 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.
NNTWX - Performance
Return Ranking - Trailing
| Period | NNTWX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.3% | -11.7% | 67.5% | 87.05% |
| 1 Yr | 17.9% | 10.6% | 62.2% | 89.14% |
| 3 Yr | 2.8%* | -25.6% | 58.6% | 20.70% |
| 5 Yr | 9.6%* | -2.6% | 102.8% | 67.97% |
| 10 Yr | 10.0%* | 2.9% | 25.5% | 59.51% |
* Annualized
Return Ranking - Calendar
| Period | NNTWX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 18.7% | -27.7% | 68.0% | 53.73% |
| 2022 | -21.4% | -85.6% | 52.8% | 8.46% |
| 2021 | 10.1% | -74.9% | 238.3% | 19.80% |
| 2020 | 11.2% | -44.1% | 2474.5% | 89.55% |
| 2019 | 20.8% | -50.2% | 44.0% | 75.26% |
Total Return Ranking - Trailing
| Period | NNTWX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.3% | -11.7% | 67.5% | 87.05% |
| 1 Yr | 17.9% | 10.6% | 62.2% | 89.14% |
| 3 Yr | 2.8%* | -25.6% | 58.6% | 20.70% |
| 5 Yr | 9.6%* | -2.6% | 102.8% | 67.97% |
| 10 Yr | 10.0%* | 2.9% | 25.5% | 59.51% |
* Annualized
Total Return Ranking - Calendar
| Period | NNTWX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 19.5% | -26.1% | 68.0% | 58.51% |
| 2022 | -18.3% | -67.0% | 56.8% | 10.58% |
| 2021 | 21.2% | -23.5% | 342.2% | 14.46% |
| 2020 | 15.4% | 2.6% | 2549.1% | 96.11% |
| 2019 | 34.4% | 14.6% | 44.8% | 44.82% |
NAV & Total Return History
NNTWX - Holdings
Concentration Analysis
| NNTWX | Category Low | Category High | NNTWX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.11 B | 2.73 M | 100 B | 51.81% |
| Number of Holdings | 66 | 24 | 3590 | 67.62% |
| Net Assets in Top 10 | 233 M | 670 K | 11.3 B | 54.29% |
| Weighting of Top 10 | 21.40% | 4.5% | 98.2% | 81.71% |
Top 10 Holdings
- O'Reilly Automotive Inc. USD0.01 2.63%
- Cyber-Ark Software Limited COM ILS0.01 2.36%
- BJ Wholesale Club Holdings Inc COM USD0.01 2.24%
- Vulcan Materials Company COM STK USD1 2.20%
- Verisk Analytics, Inc. COM USD0.001 2.05%
- CDW Corp COM USD0.01 2.02%
- Gartner Inc. COM USD0.0005 2.02%
- PTC Inc COM USD0.01 1.99%
- Ametek, Inc. COM USD0.01 1.95%
- Lamb Weston Holdings Inc COM USD1.00 1.94%
Asset Allocation
| Weighting | Return Low | Return High | NNTWX % Rank | |
|---|---|---|---|---|
| Stocks | 97.00% | 58.72% | 103.99% | 75.81% |
| Cash | 1.64% | 0.00% | 41.99% | 54.29% |
| Bonds | 1.38% | 0.00% | 2.35% | 0.57% |
| Preferred Stocks | 0.00% | 0.00% | 5.73% | 82.29% |
| Other | 0.00% | -0.04% | 14.45% | 82.86% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 81.14% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | NNTWX % Rank | |
|---|---|---|---|---|
| Technology | 29.78% | 0.04% | 62.17% | 60.57% |
| Healthcare | 22.13% | 0.00% | 37.06% | 18.29% |
| Industrials | 21.38% | 0.00% | 38.23% | 8.00% |
| Consumer Cyclical | 11.49% | 0.00% | 57.41% | 71.24% |
| Financial Services | 6.86% | 0.00% | 43.01% | 49.14% |
| Consumer Defense | 4.70% | 0.00% | 16.40% | 14.86% |
| Basic Materials | 1.68% | 0.00% | 17.25% | 62.67% |
| Real Estate | 1.38% | 0.00% | 19.28% | 67.43% |
| Communication Services | 0.61% | 0.00% | 18.33% | 83.24% |
| Utilities | 0.00% | 0.00% | 12.94% | 86.48% |
| Energy | 0.00% | 0.00% | 62.10% | 91.05% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | NNTWX % Rank | |
|---|---|---|---|---|
| US | 97.00% | 46.79% | 103.99% | 64.57% |
| Non US | 0.00% | 0.00% | 34.12% | 86.10% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | NNTWX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 1.64% | 0.00% | 100.00% | 50.29% |
| Derivative | 0.00% | -0.04% | 14.45% | 80.00% |
| Securitized | 0.00% | 0.00% | 30.57% | 80.37% |
| Corporate | 0.00% | 0.00% | 100.00% | 81.61% |
| Municipal | 0.00% | 0.00% | 0.02% | 80.37% |
| Government | 0.00% | 0.00% | 99.86% | 80.37% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | NNTWX % Rank | |
|---|---|---|---|---|
| US | 1.38% | 0.00% | 2.35% | 0.57% |
| Non US | 0.00% | 0.00% | 0.02% | 80.76% |
NNTWX - Expenses
Operational Fees
| NNTWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.91% | 0.02% | 17.54% | 67.43% |
| Management Fee | 0.52% | 0.00% | 1.50% | 12.40% |
| 12b-1 Fee | 0.20% | 0.00% | 1.00% | 29.90% |
| Administrative Fee | N/A | 0.00% | 0.40% | N/A |
Sales Fees
| NNTWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| NNTWX 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.
| NNTWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 19.57% | 0.00% | 250.31% | 22.62% |
NNTWX - Distributions
Dividend Yield Analysis
| NNTWX | Category Low | Category High | NNTWX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.29% | 0.00% | 33.43% | 11.62% |
Dividend Distribution Analysis
| NNTWX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| NNTWX | Category Low | Category High | NNTWX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.15% | -2.24% | 2.75% | 18.18% |
Capital Gain Distribution Analysis
| NNTWX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 27, 2023 | $0.097 | OrdinaryDividend |
| Dec 27, 2023 | $0.122 | CapitalGainLongTerm |
| Dec 28, 2022 | $1.066 | OrdinaryDividend |
| Dec 28, 2021 | $3.393 | OrdinaryDividend |
| Dec 28, 2020 | $1.147 | CapitalGainLongTerm |
| Dec 26, 2019 | $0.018 | OrdinaryDividend |
| Dec 26, 2019 | $0.034 | CapitalGainShortTerm |
| Dec 26, 2019 | $3.068 | CapitalGainLongTerm |
| Dec 26, 2018 | $2.755 | CapitalGainLongTerm |
| Dec 26, 2018 | $0.082 | OrdinaryDividend |
| Dec 26, 2017 | $0.338 | CapitalGainShortTerm |
| Dec 26, 2017 | $2.683 | CapitalGainLongTerm |
| Dec 27, 2016 | $0.025 | CapitalGainShortTerm |
| Dec 27, 2016 | $1.151 | CapitalGainLongTerm |
| Dec 28, 2015 | $1.474 | CapitalGainLongTerm |
| Dec 26, 2014 | $3.484 | CapitalGainLongTerm |
| Dec 26, 2014 | $0.000 | OrdinaryDividend |
| Dec 27, 2013 | $2.045 | CapitalGainLongTerm |
| Dec 28, 2012 | $0.004 | CapitalGainShortTerm |
| Dec 28, 2012 | $1.871 | CapitalGainLongTerm |
| Dec 28, 2012 | $0.056 | OrdinaryDividend |
| Dec 22, 2011 | $0.490 | CapitalGainLongTerm |
| Dec 22, 2011 | $0.019 | OrdinaryDividend |
| Dec 27, 2010 | $0.383 | CapitalGainLongTerm |
| Dec 27, 2010 | $0.048 | OrdinaryDividend |
| Dec 29, 2009 | $0.067 | OrdinaryDividend |
| Dec 26, 2008 | $0.007 | CapitalGainShortTerm |
| Dec 26, 2008 | $1.114 | CapitalGainLongTerm |
| Dec 26, 2008 | $0.097 | OrdinaryDividend |
| Dec 27, 2007 | $0.309 | CapitalGainShortTerm |
| Dec 27, 2007 | $2.259 | CapitalGainLongTerm |
| Dec 27, 2007 | $0.007 | OrdinaryDividend |
| Dec 27, 2006 | $1.046 | CapitalGainLongTerm |
| Dec 28, 2005 | $2.134 | CapitalGainLongTerm |
NNTWX - Fund Manager Analysis
Managers
David Nicholas
Start Date
Tenure
Tenure Rank
Mar 31, 1993
29.19
29.2%
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.
Brian Janowski
Start Date
Tenure
Tenure Rank
Apr 30, 2018
4.09
4.1%
Brian joined Nicholas Company in 2016 as a senior research analyst. Brian was named co-portfolio manager of Nicholas II, Inc. in April 2018. Brian is focused on stocks of all market capitalizations with a particular emphasis on consumer staples, utilities and financials including financial technology. Prior to joining Nicholas Company, Brian served as a senior equity analyst and co-portfolio manager for the BMO Small and Mid Cap Value Funds for eight years. Before that, Brian was an equity analyst and co-portfolio manager at American Family Insurance for six years. Brian graduated from the University of Wisconsin-Madison and has earned the right to use the CFA and CPA designations. He is a member of the CFA Society Milwaukee.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 36.3 | 9.4 | 1.04 |