Morningstar

Nicholas Limited Edition Fund Class N NNLEX

Morningstar Medalist Rating
Medalist Rating as of | See Nicholas Investment Hub
  • NAV / 1-Day Return 21.58  /  +0.94 %
  • Total Assets 328.3M
  • Adj. Expense Ratio
    1.160%
  • Expense Ratio 1.160%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Small Growth
  • Investment Style Small Growth
  • Min. Initial Investment 500
  • Status Open
  • TTM Yield 0.00
  • Turnover 14%

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:55 AM GMT+0

Morningstar’s Analysis NNLEX

Will NNLEX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NNLEX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the NNLEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of NNLEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Nicholas Limited Edition N holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings NNLEX

More NNLEX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings —
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Dorman Products Inc

2.93 10M
Consumer Cyclical

Cohen & Steers Inc

2.76 9M
Financial Services

La-Z-Boy Inc

2.30 8M
Consumer Cyclical

Bio-Techne Corp

2.27 8M
Healthcare

Novanta Inc

2.25 8M
Technology

Encompass Health Corp

2.24 8M
Healthcare

Casella Waste Systems Inc Class A

2.21 8M
Industrials

AptarGroup Inc

2.17 7M
Healthcare

RB Global Inc

2.11 7M
Industrials

Power Integrations Inc

2.07 7M
Technology

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