Nicholas Money Market Fund, Inc.

Effective June 30, 2016 closed to investors

 

NICXX

Money Market


The Nicholas Money Market Fund, Inc. seeks a high a level of current income that is consistent with capital preservation and providing liquidity. It is managed to maintain a stable share price of $1.00.

Investment Policies & Considerations
The Nicholas Money Market Fund invests only in high quality, short-term debt instruments with maturities of less than 397 days, such as commercial paper, U.S. Government obligations, variable rate demand notes, and bank certificates of deposit.

An investment in the Money Market Fund is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.

  • Snapshot
  • Objective
  • Performance
  • Distribution History
  • Documents &
    Forms

 

 

Fund Facts

Portfolio Manager: Jeffrey May
Style: Money Market
Fund Inception: 07/01/1988
Fund Assets (millions): $89.0*
Number of Holdings: 65*
   
* as of 06/30/2016  
Minimum Initial Investment: $2,000
Fiscal Year-End: December 31
Prospectus Date: April
Cusip: 653739102
Ticker: NICXX
   
   

 

Maturity Schedule

% of portfolio

Maturity schedules are subject to change at any time. The above chart is based on actual days to maturity. The Fund’s minimum daily and weekly liquidity percentages, as defined by the Securities and Exchange Commission, were 22.97% and 50.20%, respectively as of June 30, 2016.

Top Ten Holdings

Holdings % Net Assets
U.S. Treasury 18.29%
Federal Farm Credit Banks  17.95%
Federal Home Loan Banks 12.49%
Archer-Daniels-Midland Company 4.28%
Parker-Hannifin Corporation 4.25%
V.F. Corporation 4.04%
Rockwell Automation, Inc. 3.82%
Wisconsin Public Service Corporation 3.37%
Nestle Finance International Ltd. 3.36%
AbbVie Inc.  3.09%
Total 74.94%

 

Nicholas Money Market Fund seeks to generate a high level of current income as is consistent with the preservation of capital and providing liquidity. The Fund is typically benchmarked against the Consumer Price Index (CPI) over a market cycle. 

  •  Quarter-End Performance
  • Month-End Performance
  • Quarterly Performance Presentation

As of June 30, 2016

Average Annual Returns

Fund 3 Month YTD  1 Year  3 Year 5 Year 10 Year
Nicholas Fund (NICSX) 1.87% 0.35% -8.53% 10.96% 12.30% 8.97%
Nicholas II - Class I (NCTWX) -0.28% 0.08% -5.72% 10.02% 9.69% 7.86%
Nicholas II - Class N (NNTWX) -0.33% -0.04% -6.04% 9.66% 9.32% 7.50%
Nicholas Limited Edition - Class I (NCLEX) 2.88% 2.70% -3.94% 7.58% 8.03% 8.16%
Nicholas Limited Edition - Class N (NNLEX) 2.75% 2.51% -4.31% 7.20% 7.65% 7.81%
Nicholas Equity Income Fund (NSEIX) 3.62% 6.30% 0.34% 8.75% 9.97% 9.65%
Nicholas High Income Fund - Class I (NCINX) 2.75% 5.13% -1.88% 2.13% 4.30% 5.14%
Nicholas High Income Fund - Class N (NNHIX) 2.64% 4.98% -2.25% 1.74% 3.94% 4.83%
             

 

  1 Year 5 Year 10 Year 7-Day Yield 7-Day
Effective
Yield
 
Nicholas Money Market (NICXX) 0.00% 0.00% 0.96% 0.00% 0.00%  

 

The 7-Day Yield quotation, rather than the Total Return quotation, more closely reflects the current earnings of the Fund.

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Performance current to the most recent month end may be lower or higher than the performance quoted.

As of July 31, 2016

Average Annual Returns

Fund 3 Month YTD  1 Year  3 Year 5 Year 10 Year
Nicholas Fund (NICSX) 2.84% 2.71% -8.67% 9.60% 13.45% 9.24%
Nicholas II - Class I (NCTWX) 3.72% 3.72% -3.93% 9.43% 11.70% 8.42%
Nicholas II - Class N (NNTWX) 3.65% 3.52% -4.27% 9.05% 11.31% 8.05%
Nicholas Limited Edition - Class I (NCLEX) 7.20% 7.94% 0.92% 7.25% 9.88% 8.90%
Nicholas Limited Edition - Class N (NNLEX) 7.10% 7.72% 0.55% 6.88% 9.50% 8.56%
Nicholas Equity Income Fund (NSEIX) 5.62% 9.57% 2.56% 8.29% 11.73% 9.96%
Nicholas High Income Fund - Class I (NCINX) 3.28% 7.37% 0.58% 2.28% 4.57% 5.33%
Nicholas High Income Fund - Class N (NNHIX) 3.16% 7.22% 0.25% 1.92% 4.19% 4.98%
             

 

  1 Year 5 Year 10 Year 7-Day Yield 7-Day
Effective
Yield
 
Nicholas Money Market (NICXX) 0.00% 0.00% 0.92% 0.00% 0.00%  

 

The 7-Day Yield quotation, rather than the Total Return quotation, more closely reflects the current earnings of the Fund.

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Performance current to the most recent month end may be lower or higher than the performance quoted.

Click the icon below to access the
Fund's Quarterly Performance Presentation

Quarterly Performance Presentation

 

Nicholas Fund's Expense Ratio: 0.72%
Nicholas II – Class I's Expense Ratio: 0.61%
Nicholas II – Class N's Expense Ratio: 0.96%
Nicholas Limited Edition – Class I's Expense Ratio: 0.86%
Nicholas Limited Edition – Class N's Expense Ratio: 1.21%
Nicholas Equity Income Fund's Expense Ratio: 0.72%
Nicholas High Income Fund – Class I's Expense Ratio: 0.71%(1)
Nicholas High Income Fund – Class N's Expense Ratio: 1.06%(1)
Nicholas Money Market Fund's Expense Ratio: 0.51%

The Adviser has agreed to voluntarily absorb management fees of 0.30% of Nicholas Money Market Fund's average net assets on an annual basis during the fiscal year ending December 31, 2016. This absorption continues today; however, the Adviser may decrease or discontinue it at any time.  The most recent expense ratios can be found in each funds current annual or semiannual report.

(1)The expense ratio may not correlate to the "Ratio of expenses to average net assets" provided in the Financial Highlights in the Fund's Annual or Semiannual Report. The information in the Financial Highlights reflects the operating expenses of the Fund and does not include Acquired Fund Fees and Expenses. "Acquired Fund Fees and Expenses" are those expenses incurred indirectly by the Fund as a result of acquiring investments in shares of one or more other investment companies.

Nicholas Money Market Fund has fee waivers in effect. Investment performance reflects these fee waivers. In the absence of such waivers, total returns would be reduced.

 

Money Market income distributions are paid monthly. Please review the fund prospectus or contact Fund Services at 1-800-544-6547.

 

 

Please print, complete and mail to the appropriate address:

Nicholas Family Of Funds
c/o U.S. Bancorp Fund Services, LLC
P.O. Box 701
Milwaukee, WI 53201-0701

Overnight Express:

Nicholas Family Of Funds
c/o U.S. Bancorp Fund Services, LLC
615 East Michigan Street
Milwaukee, WI 53202


Order By Telephone

1-800-544-6547

Automated transactions are available 24 hours a day, 7 days a week.

To speak to a representative, call Monday - Friday, from 8am - 7pm, Central Time.

Shareholders calling from outside the U.S. may call collect, 414-765-4124, Monday - Friday, from 8am -7pm, Central Time.



The Nicholas Funds are offered only to United States residents, and information on this site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of any Nicholas Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction. 

An investment in the Money Market Fund, Inc. is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.

Please refer to each prospectus for important information about each investment company, including investment objectives, risks, charges and expenses. 

Mutual fund investing involves risk; principal loss is possible. Small- and medium-capitalization companies tend to have limited liquidity and greater price volatility than large-capitalization companies. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities such as limited liquidity and great volatility. Investment by the Funds in lower-rated and non-rated securities presents a greater risk of loss to principal and interest than higher-rated securities. 

Past performance does not guarantee future results.

Diversification does not assure a profit nor protect against loss in a declining market.

Glossary of terms   |   Privacy & Security

Nicholas Funds are distributed by Quasar Distributors, LLC

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