Morningstar

Nicholas II Fund Class N NNTWX

Medalist Rating as of Sep 30, 2026 See Nicholas Investment Hub

Strategy

The investment seeks to increase the value of the investment over the long-term. The fund primarily invests in common stocks of domestic corporations with medium-sized market capitalizations believed to have growth potential. The adviser believes a company's annual sales volume and the market capitalization are the factors most illustrative of a company's size. The adviser generally considers companies with market capitalizations up to $3 billion as "small," between $3 billion and $25 billion as "medium," and greater than $25 billion as "large."

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
NNTWX	Nicholas II Fund Class N	No Load	Open			Feb 28, 2005	$59.50M	0.900%	Average	$500	−$13.74M
NCTWX	Nicholas II Fund Class I	Institutional	Open			Oct 17, 1983	$918.80M	0.590%	Low	$100,000	−$110.87M

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