Nationwide Fund Institutional Service Class (MUIFX)
| Fund Assets | 1.69B |
| Expense Ratio | 0.63% |
| Min. Investment | $50,000 |
| Turnover | 83.61% |
| Dividend (ttm) | 3.42 |
| Dividend Yield | 10.45% |
| Dividend Growth | 278.96% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 9, 2025 |
| Previous Close | 32.76 |
| YTD Return | 6.66% |
| 1-Year Return | 11.04% |
| 5-Year Return | 97.79% |
| 52-Week Low | 26.10 |
| 52-Week High | 35.36 |
| Beta (5Y) | n/a |
| Holdings | 139 |
| Inception Date | May 11, 1933 |
About MUIFX
The Nationwide Fund Institutional Service Class is a diversified mutual fund designed to provide investors with total return through a flexible blend of capital appreciation and current income. Classified within the large blend category, the fund invests primarily in a broad array of large-cap U.S. equities, ensuring exposure across multiple sectors such as technology, consumer cyclical, financial services, energy, and communication services. Its portfolio typically emphasizes leading companies, with significant allocations to firms like Microsoft, Amazon, Apple, and Alphabet, among others. The fund aims to balance growth and value strategies, capturing the overall performance of the U.S. equity market while mitigating risk through professional management and sector diversification. As an institutional share class, it is tailored for large-scale investors and offers a competitive expense structure relative to peers. The Nationwide Fund Institutional Service Class plays a significant role for institutional investors seeking broad market exposure combined with disciplined management in core equity allocations.
Performance
MUIFX had a total return of 11.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.11%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
40.96% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.13% |
| Microsoft Corporation | MSFT | 6.83% |
| Apple Inc. | AAPL | 5.21% |
| Alphabet Inc. | GOOGL | 4.70% |
| Amazon.com, Inc. | AMZN | 4.23% |
| Wells Fargo & Company | WFC | 3.18% |
| Broadcom Inc. | AVGO | 3.07% |
| Mastercard Incorporated | MA | 2.50% |
| Berkshire Hathaway Inc. | BRK.B | 2.43% |
| Exxon Mobil Corporation | XOM | 1.68% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 9, 2025 | $0.04039 | Jun 10, 2025 |
| Mar 10, 2025 | $0.03226 | Mar 11, 2025 |
| Dec 19, 2024 | $3.31764 | Dec 20, 2024 |
| Sep 9, 2024 | $0.03436 | Sep 10, 2024 |
| Jun 10, 2024 | $0.03235 | Jun 11, 2024 |
| Mar 11, 2024 | $0.03432 | Mar 12, 2024 |