Nicholas Equity Income Fund Class I (NSEIX)
| Fund Assets | 478.41M |
| Expense Ratio | 0.70% |
| Min. Investment | $500 |
| Turnover | 28.42% |
| Dividend (ttm) | 1.64 |
| Dividend Yield | 7.34% |
| Dividend Growth | 214.77% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 22.25 |
| YTD Return | 1.23% |
| 1-Year Return | 15.39% |
| 5-Year Return | 47.33% |
| 52-Week Low | 19.48 |
| 52-Week High | 23.55 |
| Beta (5Y) | 0.71 |
| Holdings | 62 |
| Inception Date | Nov 23, 1993 |
About NSEIX
Nicholas Equity Income Fund, Inc. is a mutual fund structured to provide investors with a consistent stream of income alongside the potential for moderate, long-term capital growth. Launched in 1993, the fund primarily invests in a diversified mix of dividend-paying stocks across the full spectrum of market capitalizations—from small to large companies—while also selectively participating in fixed income investments when appropriate. A defining feature of the fund is its disciplined approach to valuation, targeting securities with dividend yields exceeding the broader market and emphasizing companies priced at levels that offer a reasonable margin of safety and long-term growth potential. Nicholas Equity Income Fund’s portfolio is managed with a focus on capital preservation and income generation, historically tilting toward small- and mid-cap names, which can differentiate its risk-return profile from traditional large-cap income funds. The fund’s investment process emphasizes quality and diversification, with a modest portfolio turnover rate and a below-average expense ratio compared to peers. While benchmarked to the S&P 500, its performance objective is to deliver a five-year return approximating three-fourths of the index’s average total return, balancing income and growth for shareholders seeking lower volatility than pure equity strategies. Nicholas Equity Income Fund serves as a core holding for investors prioritizing income stability and long-term value within a diversified U.S. equity portfolio.
Performance
NSEIX had a total return of 15.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.57%.
Top 10 Holdings
26.33% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 3.64% |
| JPMorgan Chase & Co. | JPM | 2.79% |
| Chevron Corporation | CVX | 2.70% |
| The TJX Companies, Inc. | TJX | 2.55% |
| Sanofi | SNY | 2.53% |
| Abbott Laboratories | ABT | 2.46% |
| Blackstone Inc. | BX | 2.45% |
| Oracle Corporation | ORCL | 2.44% |
| Union Pacific Corporation | UNP | 2.42% |
| CMS Energy Corporation | CMS | 2.35% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $0.57934 | Dec 29, 2025 |
| Oct 23, 2025 | $0.09093 | Oct 23, 2025 |
| Aug 7, 2025 | $0.11129 | Aug 7, 2025 |
| May 8, 2025 | $0.85349 | May 8, 2025 |
| Dec 27, 2024 | $0.20947 | Dec 27, 2024 |
| Oct 24, 2024 | $0.10046 | Oct 24, 2024 |