Nicholas Equity Income Fund Class I (NSEIX)

Fund Assets	469.87M
Expense Ratio	0.70%
Min. Investment	$500
Turnover	13.72%
Dividend (ttm)	0.38
Dividend Yield	1.67%
Dividend Growth	-6.69%
Payout Frequency	Quarterly
Ex-Dividend Date	Jul 27, 2026

Previous Close	22.87
YTD Return	5.46%
1-Year Return	4.98%
5-Year Return	43.12%
52-Week Low	21.63
52-Week High	24.28
Beta (5Y)	0.68
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.

• Fund Family: Nicholas
• Category: Large Value
• Performance Rating: Below Average
• Risk Rating: Low
• Stock Exchange: Nasdaq
• Ticker Symbol: NSEIX
• Share Class: Class I
• Index: S&P 500 TR

Performance

NSEIX had a total return of 4.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.55%.

Top 10 Holdings

25.30% of assets

Name	Symbol	Weight
The PNC Financial Services Group, Inc.	PNC	2.82%
JPMorgan Chase & Co.	JPM	2.77%
Microsoft Corporation	MSFT	2.74%
Johnson & Johnson	JNJ	2.72%
Union Pacific Corporation	UNP	2.68%
U.S. Bancorp	USB	2.58%
Cisco Systems, Inc.	CSCO	2.47%
The Charles Schwab Corporation	SCHW	2.28%
Texas Instruments Incorporated	TXN	2.14%
AbbVie Inc.	ABBV	2.10%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 27, 2026	$0.13163	Jul 24, 2026
Apr 27, 2026	$0.07195	Apr 27, 2026
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 3, 2026

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