Nicholas Limited Edition Fund Class N (NNLEX)

Fund Assets	345.73M
Expense Ratio	1.16%
Min. Investment	$500
Turnover	13.96%
Dividend (ttm)	1.91
Dividend Yield	8.34%
Dividend Growth	150.85%
Payout Frequency	Annual
Ex-Dividend Date	Dec 29, 2025

Previous Close	22.63
YTD Return	2.76%
1-Year Return	-3.71%
5-Year Return	-3.30%
52-Week Low	18.90
52-Week High	25.91
Beta (5Y)	1.04
Holdings	63
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.

• Fund Family: Nicholas
• Category: Small Growth
• Performance Rating: Low
• Risk Rating: Low
• Stock Exchange: NASDAQ
• Ticker Symbol: NNLEX
• Share Class: Class N
• Index: Russell 2000 Growth TR

Performance

NNLEX had a total return of -3.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.38%.

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 I	0.92%
FCPGX	Fidelity	Fidelity Small Cap Growth Fund	0.88%
FCTGX	Fidelity	Fidelity Advisor Small Cap Growth M	1.42%
FCCGX	Fidelity	Fidelity Advisor Small Cap Growth C	1.92%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
NCLEX	Class I	0.86%

Top 10 Holdings

23.79% of assets

Name	Symbol	Weight
Prestige Consumer Healthcare Inc.	PBH	2.77%
Modine Manufacturing Company	MOD	2.69%
Cohen & Steers, Inc.	CNS	2.44%
Dorman Products, Inc.	DORM	2.41%
AptarGroup, Inc.	ATR	2.34%
Lattice Semiconductor Corporation	LSCC	2.32%
Encompass Health Corporation	EHC	2.31%
The Descartes Systems Group Inc.	DSG	2.24%
ExlService Holdings, Inc.	EXLS	2.15%
Knight-Swift Transportation Holdings Inc.	KNX	2.13%

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

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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