Nationwide S&P 500 Index Fund Service Class (GRMSX)
| Fund Assets | 1.72B |
| Expense Ratio | 0.58% |
| Min. Investment | $25,000 |
| Turnover | 3.39% |
| Dividend (ttm) | 1.53 |
| Dividend Yield | 5.24% |
| Dividend Growth | 125.43% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 18, 2026 |
| Previous Close | 29.34 |
| YTD Return | -3.79% |
| 1-Year Return | 18.01% |
| 5-Year Return | 72.24% |
| 52-Week Low | 23.20 |
| 52-Week High | 32.18 |
| Beta (5Y) | n/a |
| Holdings | 508 |
| Inception Date | Nov 2, 1998 |
About GRMSX
The Nationwide S&P 500 Index Fund Service Class is an open-end mutual fund designed to track the performance of the S&P 500 Index, which comprises 500 of the largest U.S. publicly traded companies and represents approximately 80% of the U.S. equity market by capitalization. The fund invests predominantly in large-cap stocks across diverse sectors, with significant exposure to technology, financial services, healthcare, and consumer cyclical industries. Its portfolio includes major holdings such as Microsoft, Apple, and Amazon, reflecting the composition of the underlying index. The fund seeks to replicate the price and yield performance of the S&P 500 by maintaining a market-cap-weighted approach, providing broad market exposure and serving as a benchmark for large blend and large growth investment styles. It features a relatively low turnover rate, a focus on total return through both capital appreciation and dividend income, and operates with a below-average expense ratio. This fund plays a key role in the financial market by offering investors a diversified, passive investment vehicle that mirrors the broader U.S. large-cap equity market.
Performance
GRMSX had a total return of 18.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.61%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VFIAX | Vanguard | Vanguard 500 Index Fund Admiral Shares | 0.04% |
Top 10 Holdings
36.31% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.30% |
| Apple Inc. | AAPL | 6.62% |
| Microsoft Corporation | MSFT | 4.96% |
| Amazon.com, Inc. | AMZN | 3.46% |
| Alphabet Inc. | GOOGL | 3.07% |
| Broadcom Inc. | AVGO | 2.56% |
| Alphabet Inc. | GOOG | 2.45% |
| Meta Platforms, Inc. | META | 2.39% |
| Tesla, Inc. | TSLA | 1.92% |
| Berkshire Hathaway Inc. | BRK.B | 1.57% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 18, 2026 | $0.02375 | Mar 19, 2026 |
| Dec 18, 2025 | $1.40401 | Dec 19, 2025 |
| Sep 8, 2025 | $0.04566 | Sep 9, 2025 |
| Jun 9, 2025 | $0.05434 | Jun 10, 2025 |
| Mar 10, 2025 | $0.01423 | Mar 11, 2025 |
| Dec 19, 2024 | $0.56154 | Dec 20, 2024 |