Nicholas Equity Income Fund Class I (NSEIX)
| Fund Assets | 462.11M |
| Expense Ratio | 0.70% |
| Min. Investment | $500 |
| Turnover | 13.72% |
| Dividend (ttm) | 0.87 |
| Dividend Yield | 3.66% |
| Dividend Growth | -31.45% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jul 27, 2026 |
| Previous Close | 23.82 |
| YTD Return | 9.49% |
| 1-Year Return | 13.53% |
| 5-Year Return | 46.29% |
| 52-Week Low | 21.63 |
| 52-Week High | 24.07 |
| Beta (5Y) | 0.68 |
| Holdings | 61 |
| 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 13.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.72%.
Top 10 Holdings
24.41% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 2.79% |
| Johnson & Johnson | JNJ | 2.68% |
| JPMorgan Chase & Co. | JPM | 2.55% |
| Union Pacific Corporation | UNP | 2.55% |
| The PNC Financial Services Group, Inc. | PNC | 2.44% |
| Chevron Corporation | CVX | 2.40% |
| The Charles Schwab Corporation | SCHW | 2.38% |
| U.S. Bancorp | USB | 2.28% |
| AstraZeneca PLC | AZN | 2.19% |
| NextEra Energy, Inc. | NEE | 2.14% |
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 |