# EDGAR Filing Document

**Accession Number:** 0000913131
**File Stem:** 0001193125-26-238435
**Filing Date:** 2026-5
**Character Count:** 24877
**Document Hash:** b00ea194f6ce52802313c34d820badeb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-238435.hdr.sgml**: 20260526

**ACCESSION NUMBER**: 0001193125-26-238435

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260526

**DATE AS OF CHANGE**: 20260526

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NICHOLAS EQUITY INCOME FUND, INC.
- **CENTRAL INDEX KEY:** 0000913131

**ORGANIZATION NAME:**
- **EIN:** 391768704
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031
- **LEGAL ENTITY IDENTIFIER:** 5493004E2U43A6WR1P12

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08062
- **FILM NUMBER:** 261018140

**BUSINESS ADDRESS:**
- **STREET 1:** 411 E. WISCONSIN AVE.
- **STREET 2:** SUITE 2100
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-272-4650

**MAIL ADDRESS:**
- **STREET 1:** 411 E. WISCONSIN AVE.
- **STREET 2:** SUITE 2100
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NICHOLAS EQUITY INCOME FUND INC
- **DATE OF NAME CHANGE:** 19931006

## Series and Classes Contracts Data

### NICHOLAS EQUITY INCOME FUND INC (Series ID: S000009137)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000024851 | CLASS I      | NSEIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Nicholas Equity Income Fund, Inc.

- **b. Investment Company Act file number:** 811-08062

- **c. CIK number of Registrant:** 0000913131

- **d. LEI of Registrant:** 5493004E2U43A6WR1P12

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 411 E. Wisconsin Ave.

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 4142724650

**Item A.2. Information about the Series.**

- **a. Name of Series:** Nicholas Equity Income Fund, Inc.

- **b. EDGAR series identifier (if any):** S000009137

- **c. LEI of Series:** 5493004E2U43A6WR1P12

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $468387630.66

**Total Liabilities:** $265465.69

**Net Assets:** $468122164.97

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000024851 | 2.49%                | -5.54%               | 4.57%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $9886778.65              | $869927.07                                 |
| Month 2  | $1194255.94              | $-28357913.59                              |
| Month 3  | $1219348.20              | $18861781.90                               |

### Schedule of Portfolio Investments

| Name                                                 | Title                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MICROSOFT CORP                                       | MICROSOFT CORP COM                         | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     33972 | NS      | $13853102.16  | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| NORDSON CORP                                         | NORDSON CORP COM                           | CUSIP: 655663102<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | EC               | CORP              | US        |     15620 | NS      | $4505589.00   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY INC                                   | NEXTERA ENERGY INC COM                     | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |    103610 | NS      | $10141346.80  | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE INC                                             | NIKE INC CL B                              | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |    123307 | NS      | $5469898.52   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCTER & GAMBLE COMPANY (THE)                       | PROCTER & GAMBLE COMPANY (THE) COM         | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     46550 | NS      | $6847039.50   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC FINANCIAL SERVICES GROUP INC (THE)               | PNC FINANCIAL SERVICES GROUP INC (THE) COM | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     52800 | NS      | $11774400.00  | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| RAYMOND JAMES FINANCIAL INC                          | RAYMOND JAMES FINANCIAL INC COM            | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |     49500 | NS      | $7836840.00   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKWELL AUTOMATION INC                              | ROCKWELL AUTOMATION INC COM                | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |     19584 | NS      | $8008093.44   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| STARBUCKS CORP                                       | STARBUCKS CORP COM                         | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     77090 | NS      | $8119889.70   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| CHARLES SCHWAB CORP (THE)                            | CHARLES SCHWAB CORP (THE) COM              | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    114155 | NS      | $10461164.20  | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SYSCO CORP                                           | SYSCO CORP COM                             | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |     92120 | NS      | $6882285.20   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX COMPANIES INC (THE)                              | TJX COMPANIES INC (THE) COM                | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     56665 | NS      | $8882238.75   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| TRACTOR SUPPLY COMPANY                               | TRACTOR SUPPLY COMPANY COM                 | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |    115312 | NS      | $4047451.20   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                | TEXAS INSTRUMENTS INC COM                  | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     39180 | NS      | $11012714.40  | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC                               | UNITEDHEALTH GROUP INC COM                 | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     16490 | NS      | $6109215.20   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| UNION PACIFIC CORP                                   | UNION PACIFIC CORP COM                     | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     45527 | NS      | $12268615.96  | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANCORP                                           | US BANCORP COM NEW                         | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    197405 | NS      | $11184967.30  | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC ENERGY GROUP INC                                 | WEC ENERGY GROUP INC COM                   | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |     63200 | NS      | $7453808.00   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLIAMS COMPANIES INC (THE)                         | WILLIAMS COMPANIES INC (THE) COM           | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     39830 | NS      | $3039427.30   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBVIE INC                                           | ABBVIE INC COM                             | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     38619 | NS      | $8160967.08   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBOTT LABORATORIES                                  | ABBOTT LABORATORIES COM                    | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     88763 | NS      | $8058792.77   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| ANALOG DEVICES INC                                   | ANALOG DEVICES INC COM                     | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     20370 | NS      | $8194036.20   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| ARTHUR J. GALLAGHER & COMPANY                        | ARTHUR J. GALLAGHER & COMPANY COM          | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |     19740 | NS      | $4074336.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| AMGEN INC                                            | AMGEN INC COM                              | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     16365 | NS      | $5666381.25   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| A.O. SMITH CORP                                      | A.O. SMITH CORP COM                        | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |     97931 | NS      | $6056053.04   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                                         | BROADCOM INC COM                           | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     20557 | NS      | $8581108.51   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK INC                                        | BLACKROCK INC COM                          | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      8444 | NS      | $8997926.40   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKSTONE INC                                       | BLACKSTONE INC COM                         | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |     43940 | NS      | $5517985.20   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS ENERGY CORP                                      | CMS ENERGY CORP COM                        | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |     90725 | NS      | $6962236.50   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS                                       | CONOCOPHILLIPS COM                         | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     66893 | NS      | $8413801.54   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CISCO SYSTEMS INC                                    | CISCO SYSTEMS INC COM                      | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    104710 | NS      | $9580965.00   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORP                                         | CHEVRON CORP COM                           | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     52285 | NS      | $10107213.35  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| HOME DEPOT INC (THE)                                 | HOME DEPOT INC (THE) COM                   | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     20300 | NS      | $6674640.00   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| HONEYWELL INTERNATIONAL INC                          | HONEYWELL INTERNATIONAL INC COM            | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     30320 | NS      | $6498485.60   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL BUSINESS MACHINES CORP                 | INTERNATIONAL BUSINESS MACHINES CORP COM   | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     26296 | NS      | $6073850.08   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEX CORP                                            | IDEX CORP COM                              | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |     38845 | NS      | $8462383.25   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| ILLINOIS TOOL WORKS INC                              | ILLINOIS TOOL WORKS INC COM                | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |     23595 | NS      | $6087745.95   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                                    | JOHNSON & JOHNSON COM                      | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     49460 | NS      | $11368381.00  | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| JP MORGAN CHASE & COMPANY                            | JP MORGAN CHASE & COMPANY COM              | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     39040 | NS      | $12228499.20  | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| COCA-COLA COMPANY (THE)                              | COCA-COLA COMPANY (THE) COM                | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     99242 | NS      | $7816299.92   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| L3HARRIS TECHNOLOGIES INC                            | L3HARRIS TECHNOLOGIES INC COM              | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |     13542 | NS      | $4340888.10   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLIANT ENERGY CORP                                  | ALLIANT ENERGY CORP COM                    | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |    102185 | NS      | $7503444.55   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| MCDONALD'S CORP                                      | MCDONALD'S CORP COM                        | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     23400 | NS      | $6870006.00   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                             | MICROCHIP TECHNOLOGY INC COM               | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |    111722 | NS      | $10380091.02  | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| MONDELEZ INTERNATIONAL INC                           | MONDELEZ INTERNATIONAL INC CL A            | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     99729 | NS      | $6127349.76   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & COMPANY INC                                  | MERCK & COMPANY INC COM                    | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     49007 | NS      | $5350584.26   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| LINDE PLC                                            | LINDE PLC COM EUR0.001                     | CUSIP: G54950103<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |     16665 | NS      | $8351498.10   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDTRONIC PLC                                        | MEDTRONIC PLC SHS                          | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     85360 | NS      | $6911599.20   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| SANOFI SA                                            | SANOFI SA SPONSORED ADR                    | CUSIP: 80105N105<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |    145885 | NS      | $6795323.30   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| UNILEVER PLC                                         | UNILEVER PLC SPON ADR NEW                  | CUSIP: 904767803<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |    129408 | NS      | $7632483.84   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERPRISE PRODUCTS PARTNERS LP                      | ENTERPRISE PRODUCTS PARTNERS LP COM        | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |    119100 | NS      | $4609170.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANK MMDA                                         | US BANK MMDA - USBGFS 9                    | CUSIP: 8AMMF0JA0<br>LEI: N/A                  | Long             | STIV             |  | US        |   6214940 | NS      | $6214939.61   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST AMERICAN FUNDS INC                             | FIRST AMERICAN FUNDS INC GOVT OBLIGS X     | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   6200000 | NS      | $6200000.00   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN TOWER CORP                                  | AMERICAN TOWER CORP COM                    | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |     37690 | NS      | $6886339.90   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUINIX INC                                          | EQUINIX INC COM                            | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      8250 | NS      | $8933347.50   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| PROLOGIS INC                                         | PROLOGIS INC COM                           | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     52340 | NS      | $7433326.80   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | B 0 05/05/26                               | CUSIP: 912797TL1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5034000 | PA      | $5032005.98   | 1.07%             | 2026-05-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ACCENTURE PLC                                        | ACCENTURE PLC SHS CLASS A                  | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |     33770 | NS      | $6035036.70   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ASTRAZENECA PLC                                      | ASTRAZENECA PLC ORD USD0.25                | CUSIP: G0593M107<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |     50117 | NS      | $9390422.29   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CHUBB LTD (SWITZERLAND)                              | CHUBB LTD (SWITZERLAND) COM                | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |     25350 | NS      | $8289450.00   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| EATON CORP PLC                                       | EATON CORP PLC SHS                         | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     16335 | NS      | $7073218.35   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-26

**Name of Applicant:** Nicholas Equity Income Fund, Inc.

**Signature:** Jennifer Kloehn

**Name of Signer:** Jennifer Kloehn

**Title:** Treasurer