Nicholas Limited Edition Fund (NCLEX)
The investment seeks to increase the value of the investment over the long-term. The fund primarily invests in common stocks of domestic corporations with small- and medium-sized market capitalizations believed to have growth potential. The advisor believes a company's annual sales volume and market capitalization are the factors most illustrative of a company's size. The advisor 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."
Fund Info
| ISIN | US6537381047 |
|---|---|
| CUSIP | 653738104 |
| Issuer | Nicholas |
| Inception Date | May 18, 1987 |
| Category | Small Cap Growth Equities |
| Min. Investment | $100,000 |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Growth |
Expense Ratio
NCLEX features an expense ratio of 0.85%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Nicholas Limited Edition Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Nicholas Limited Edition Fund had a return of 8.97% year-to-date (YTD) and 16.36% in the last 12 months. Over the past 10 years, Nicholas Limited Edition Fund had an annualized return of 9.74%, while the S&P 500 had an annualized return of 10.85%, indicating that Nicholas Limited Edition Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.97% | 17.79% |
| 1 month | 0.93% | 0.18% |
| 6 months | 4.92% | 7.53% |
| 1 year | 16.36% | 26.42% |
| 5 years (annualized) | 8.64% | 13.48% |
| 10 years (annualized) | 9.74% | 10.85% |
Monthly Returns
The table below presents the monthly returns of NCLEX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.98% | 4.67% | 2.70% | -6.02% | 2.29% | 1.49% | 5.57% | 1.06% | 8.97% | ||||
| 2023 | 8.78% | -0.87% | -0.61% | -2.00% | -1.02% | 7.93% | 2.94% | -1.78% | -5.63% | -6.47% | 7.94% | 8.41% | 17.17% |
| 2022 | -9.73% | -1.15% | 1.39% | -6.83% | -1.40% | -4.63% | 7.57% | -3.92% | -8.63% | 5.10% | 2.44% | -5.35% | -23.71% |
| 2021 | -0.67% | 2.04% | 1.22% | 4.72% | -1.58% | 1.60% | 2.42% | 3.11% | -2.88% | 5.54% | -3.28% | 5.85% | 19.07% |
| 2020 | 1.41% | -7.69% | -17.08% | 13.46% | 7.13% | 1.57% | 6.41% | 2.63% | -2.90% | 0.28% | 11.33% | 8.13% | 22.67% |
| 2019 | 8.51% | 4.51% | 0.07% | 3.94% | -3.46% | 4.71% | 2.75% | -2.85% | -0.54% | 2.66% | 3.89% | 0.87% | 27.36% |
| 2018 | 2.66% | -2.81% | 0.08% | -0.15% | 5.68% | 1.88% | 1.17% | 8.43% | -1.03% | -7.86% | 2.02% | -9.56% | -0.94% |
| 2017 | 2.03% | 2.61% | 1.41% | 2.11% | 1.52% | 1.53% | -0.26% | -0.42% | 4.83% | 0.87% | 2.63% | -0.41% | 19.93% |
| 2016 | -6.35% | -0.37% | 6.99% | 0.86% | 2.09% | -0.08% | 5.10% | 1.67% | -0.39% | -4.36% | 6.94% | 0.56% | 12.42% |
| 2015 | -4.49% | 7.72% | 1.82% | -2.53% | 1.41% | 1.36% | 0.04% | -6.47% | -4.57% | 4.87% | 3.14% | -3.09% | -1.76% |
| 2014 | -3.62% | 3.26% | 0.11% | -3.56% | 0.27% | 3.80% | -5.29% | 4.49% | -3.59% | 5.97% | 1.65% | 1.54% | 4.35% |
| 2013 | 4.89% | 1.63% | 4.41% | -2.35% | 4.19% | 1.55% | 6.07% | -1.44% | 4.94% | 3.61% | 2.29% | 1.81% | 36.13% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NCLEX is 13, indicating that it is in the bottom 13% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Nicholas Limited Edition Fund (NCLEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Nicholas Limited Edition Fund granted a 2.23% dividend yield in the last twelve months. The annual payout for that period amounted to $0.67 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.67 | $0.67 | $1.51 | $5.56 | $1.69 | $1.60 | $2.52 | $2.10 | $2.53 | $1.88 | $2.63 | $1.61 |
Dividend yield | 2.23% | 2.43% | 6.22% | 16.44% | 5.10% | 5.66% | 10.72% | 7.97% | 10.68% | 8.05% | 10.25% | 5.96% |
Monthly Dividends
The table displays the monthly dividend distributions for Nicholas Limited Edition Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.67 | $0.67 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.51 | $1.51 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.56 | $5.56 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.69 | $1.69 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.60 | $1.60 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.52 | $2.52 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.10 | $2.10 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.53 | $2.53 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.88 | $1.88 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.63 | $2.63 |
| 2013 | $1.61 | $1.61 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Nicholas Limited Edition Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Nicholas Limited Edition Fund was 48.68%, occurring on Mar 9, 2009. Recovery took 407 trading sessions.
The current Nicholas Limited Edition Fund drawdown is 5.02%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -48.68% | Nov 1, 2007 | 338 | Mar 9, 2009 | 407 | Oct 18, 2010 | 745 |
| -40.42% | Oct 23, 1997 | 822 | Dec 28, 2000 | 12 | Jan 17, 2001 | 834 |
| -35.79% | Feb 20, 2020 | 23 | Mar 23, 2020 | 113 | Sep 1, 2020 | 136 |
| -35.23% | Feb 1, 2001 | 420 | Oct 9, 2002 | 303 | Dec 23, 2003 | 723 |
| -28.27% | Nov 17, 2021 | 229 | Oct 14, 2022 | — | — | — |
Volatility
Volatility Chart
The current Nicholas Limited Edition Fund volatility is 4.50%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.