Nationwide S&P 500 Index Fund Class R6 (GRMIX)
| Fund Assets | 1.76B |
| Expense Ratio | 0.18% |
| Min. Investment | $1,000,000 |
| Turnover | 3.39% |
| Dividend (ttm) | 1.63 |
| Dividend Yield | 5.30% |
| Dividend Growth | 107.41% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 18, 2025 |
| Previous Close | 30.83 |
| YTD Return | -0.03% |
| 1-Year Return | 14.25% |
| 5-Year Return | 85.47% |
| 52-Week Low | 22.27 |
| 52-Week High | 31.47 |
| Beta (5Y) | n/a |
| Holdings | 508 |
| Inception Date | Dec 29, 1999 |
About GRMIX
Nationwide S&P 500 Index Fund Class R6 is a U.S. equity mutual fund designed to closely track the performance of the S&P 500 Index, which consists of approximately 500 large-cap publicly traded American companies spanning various industries. Employing a passive management approach, the fund seeks to replicate the returns of its benchmark before fees by investing at least 80% of its net assets in the equities of companies represented in the S&P 500. This approach results in low portfolio turnover and helps maintain a competitively low expense ratio of 0.19%. The fund is characterized by broad sector diversification, with top weightings in Information Technology, Financials, Health Care, and Consumer Discretionary companies. Its portfolio typically holds over 500 securities, with the largest positions in leading U.S. corporations such as Microsoft, Apple, NVIDIA, Amazon, and Meta Platforms. The Class R6 share class is tailored for retirement plans and institutional investors, offering no 12b-1 fees and a minimum investment of $1 million. With total net assets of around $1.5 billion, the fund plays a significant role for investors seeking low-cost exposure to the U.S. large-cap equity market and long-term growth potential in one diversified vehicle.
Performance
GRMIX had a total return of 14.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.66%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VINIX | Vanguard | Vanguard Institutional Index Fund Institutional Shares | 0.03% |
Top 10 Holdings
38.88% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.69% |
| Apple Inc. | AAPL | 6.81% |
| Microsoft Corporation | MSFT | 6.10% |
| Amazon.com, Inc. | AMZN | 3.81% |
| Alphabet Inc. | GOOGL | 3.09% |
| Broadcom Inc. | AVGO | 2.77% |
| Alphabet Inc. | GOOG | 2.47% |
| Meta Platforms, Inc. | META | 2.44% |
| Tesla, Inc. | TSLA | 2.14% |
| Berkshire Hathaway Inc. | BRK.B | 1.56% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2025 | $1.4343 | Dec 19, 2025 |
| Sep 8, 2025 | $0.07585 | Sep 9, 2025 |
| Jun 9, 2025 | $0.08204 | Jun 10, 2025 |
| Mar 10, 2025 | $0.04184 | Mar 11, 2025 |
| Dec 19, 2024 | $0.58986 | Dec 20, 2024 |
| Sep 9, 2024 | $0.07952 | Sep 10, 2024 |