Nicholas II Fund Class I (NCTWX)
| Fund Assets | 940.24M |
| Expense Ratio | 0.59% |
| Min. Investment | $100,000 |
| Turnover | 9.52% |
| Dividend (ttm) | 3.64 |
| Dividend Yield | 13.42% |
| Dividend Growth | 110.01% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 27.13 |
| YTD Return | -7.03% |
| 1-Year Return | -4.71% |
| 5-Year Return | 9.99% |
| 52-Week Low | 26.25 |
| 52-Week High | 34.83 |
| Beta (5Y) | 0.98 |
| Holdings | 67 |
| Inception Date | Oct 17, 1983 |
About NCTWX
Nicholas II, Inc. is a mid-cap growth mutual fund that primarily invests in common stocks of domestic companies with medium-sized market capitalizations, which typically range from $3 billion to $35 billion. Established in 1983 as the second equity fund from Nicholas Funds, its investment approach centers on identifying companies with sound business fundamentals, attractive earnings prospects, and valuations considered to be at a discount relative to their long-term potential. The fund’s objective is to deliver long-term capital appreciation, making it suitable as a core portfolio holding for investors seeking growth-oriented exposure. Nicholas II, Inc. employs a disciplined strategy that blends growth and consistency, often targeting mid-cap firms for their balance of growth opportunities and relative stability compared to smaller companies. The portfolio is diversified across several sectors, including technology, consumer, industrials, and financial services, and is managed by an experienced team with a history of maintaining cost advantages for investors. The fund’s management emphasizes risk-adjusted returns and capital appreciation through careful stock selection and a focus on purchasing at reasonable valuations.
Performance
NCTWX had a total return of -4.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.62%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| NNTWX | Class N | 0.90% |
Top 10 Holdings
22.27% of assets| Name | Symbol | Weight |
|---|---|---|
| Booz Allen Hamilton Holding Corporation | BAH | 2.43% |
| Ryan Specialty Holdings, Inc. | RYAN | 2.35% |
| First American Government Obligations Fund | FGXXX | 2.32% |
| Shift4 Payments, Inc. | FOUR | 2.27% |
| Service Corporation International | SCI | 2.26% |
| CDW Corporation | CDW | 2.21% |
| L3Harris Technologies, Inc. | LHX | 2.18% |
| Microchip Technology Incorporated | MCHP | 2.12% |
| Teledyne Technologies Incorporated | TDY | 2.09% |
| IDEX Corporation | IEX | 2.04% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $3.64211 | Dec 29, 2025 |
| Dec 27, 2024 | $1.73423 | Dec 27, 2024 |
| Dec 27, 2023 | $0.23677 | Dec 27, 2023 |
| Dec 28, 2022 | $1.07958 | Dec 28, 2022 |
| Dec 28, 2021 | $3.4425 | Dec 28, 2021 |
| Dec 28, 2020 | $1.196 | Dec 28, 2020 |