Nicholas Limited Edition Fund Class N (NNLEX)
| Fund Assets | 378.09M |
| Expense Ratio | 1.15% |
| Min. Investment | $500 |
| Turnover | 13.96% |
| Dividend (ttm) | 1.91 |
| Dividend Yield | 8.98% |
| Dividend Growth | 150.85% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 21.05 |
| YTD Return | -4.02% |
| 1-Year Return | -15.65% |
| 5-Year Return | -4.43% |
| 52-Week Low | 20.77 |
| 52-Week High | 25.25 |
| Beta (5Y) | n/a |
| Holdings | 70 |
| Inception Date | Feb 28, 2005 |
About NNLEX
Nicholas Limited Edition, Inc. Class N is an actively managed mutual fund with a focus on small-cap growth equities. Established in 1987, the fund seeks long-term capital appreciation by investing primarily in small-cap companies with market capitalizations generally between $500 million and $2 billion. These companies are selected for their sound business models, strong future earnings prospects, and the potential to be undervalued relative to their long-term growth capabilities. Nicholas Limited Edition emphasizes a disciplined investment approach, incorporating primary research to identify promising small-cap and mid-cap stocks with unique growth characteristics. The fund diversifies across a broad number of holdings, aiming to balance the inherently higher volatility of smaller companies with risk management. Its portfolio is concentrated in sectors such as technology, healthcare, consumer cyclicals, and financial services, reflecting the dynamic nature of the U.S. small-cap market. Managed by experienced professionals, the fund plays a significant role for investors seeking targeted exposure to the growth potential of emerging U.S. businesses while maintaining an emphasis on valuation and risk-adjusted performance over time.
Performance
NNLEX had a total return of -15.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.47%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FECGX | Fidelity | Fidelity Small Cap Growth Index Fund | 0.05% |
| FCIGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class I | 1.07% |
| FCPGX | Fidelity | Fidelity Small Cap Growth Fund | 1.05% |
| FCTGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class M | 1.58% |
| FCCGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class C | 2.08% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| NCLEX | Class I | 0.85% |
Top 10 Holdings
22.89% of assets| Name | Symbol | Weight |
|---|---|---|
| Dorman Products, Inc. | DORM | 2.67% |
| Encompass Health Corporation | EHC | 2.46% |
| i3 Verticals, Inc. | IIIV | 2.46% |
| ExlService Holdings, Inc. | EXLS | 2.30% |
| Q2 Holdings, Inc. | QTWO | 2.26% |
| The Descartes Systems Group Inc. | DSG | 2.18% |
| Prestige Consumer Healthcare Inc. | PBH | 2.16% |
| WNS (Holdings) Limited | WNS | 2.14% |
| OPENLANE, Inc. | OPLN | 2.14% |
| Varonis Systems, Inc. | VRNS | 2.12% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $1.90697 | Dec 29, 2025 |
| Dec 27, 2024 | $0.76019 | Dec 27, 2024 |
| Dec 27, 2023 | $0.67446 | Dec 27, 2023 |
| Dec 28, 2022 | $1.50961 | Dec 28, 2022 |
| Dec 29, 2021 | $5.5582 | Dec 29, 2021 |
| Dec 29, 2020 | $1.6863 | Dec 29, 2020 |