Nationwide S&P 500 Index Fund Class R (GRMRX)
| Fund Assets | 1.58B |
| Expense Ratio | 0.93% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.60 |
| Dividend Yield | 2.08% |
| Dividend Growth | 273.49% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 9, 2025 |
| Previous Close | 28.50 |
| YTD Return | 5.73% |
| 1-Year Return | 13.79% |
| 5-Year Return | 104.45% |
| 52-Week Low | 23.01 |
| 52-Week High | 28.76 |
| Beta (5Y) | 1.00 |
| Holdings | 509 |
| Inception Date | Jan 30, 2007 |
About GRMRX
The Nationwide S&P 500 Index Fund Class R is an index mutual fund designed to closely track the performance of the S&P 500 Index by investing at least 80% of its net assets in the securities of companies included in the index. The fund employs a passive management approach, seeking to replicate the risk and return characteristics of large-cap U.S. equities as represented by the S&P 500. Its portfolio is heavily weighted toward leading companies across various sectors, with top holdings typically in technology, consumer discretionary, and communication services, including prominent names like Apple, Microsoft, and NVIDIA. The fund offers broad diversification across 500+ equities, providing investors with exposure to a significant portion of the U.S. stock market. With a low portfolio turnover and a relatively modest expense ratio, the fund is structured for cost-efficient, long-term accumulation of wealth, often serving as a core holding in retirement-focused accounts and general diversified portfolios. The Nationwide S&P 500 Index Fund Class R plays a vital role in giving investors access to the performance of the overall U.S. equity market while minimizing the risks associated with active stock selection.
Performance
GRMRX had a total return of 13.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.89%.
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
35.46% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 6.77% |
| NVIDIA Corporation | NVDA | 6.54% |
| Apple Inc. | AAPL | 5.96% |
| Amazon.com, Inc. | AMZN | 3.82% |
| Meta Platforms, Inc. | META | 2.80% |
| Broadcom Inc. | AVGO | 2.24% |
| Alphabet Inc. | GOOGL | 1.98% |
| Tesla, Inc. | TSLA | 1.92% |
| Berkshire Hathaway Inc. | BRK.B | 1.82% |
| Alphabet Inc. | GOOG | 1.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 9, 2025 | $0.03372 | Jun 10, 2025 |
| Dec 19, 2024 | $0.53764 | Dec 20, 2024 |
| Sep 9, 2024 | $0.03081 | Sep 10, 2024 |
| Jun 10, 2024 | $0.02862 | Jun 11, 2024 |
| Mar 11, 2024 | $0.00131 | Mar 12, 2024 |
| Dec 20, 2023 | $0.10231 | Dec 21, 2023 |