Fund info

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.