Nationwide BNY Mellon Dynamic U.S. Core Fund Class R6 (MUIGX)
| Fund Assets | 1.37B |
| Expense Ratio | 0.50% |
| Min. Investment | $1,000,000 |
| Turnover | 3.54% |
| Dividend (ttm) | 0.73 |
| Dividend Yield | 4.23% |
| Dividend Growth | 271.25% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 9, 2025 |
| Previous Close | 17.29 |
| YTD Return | 7.53% |
| 1-Year Return | 12.16% |
| 5-Year Return | 93.21% |
| 52-Week Low | 13.82 |
| 52-Week High | 17.42 |
| Beta (5Y) | n/a |
| Holdings | 513 |
| Inception Date | Feb 13, 1961 |
About MUIGX
The Nationwide BNY Mellon Dynamic U.S. Core Fund Class R6 is a diversified mutual fund focused on long-term capital appreciation through dynamic investment in large-cap U.S. equities. Structured as a large blend fund, it allocates capital across a broad spectrum of U.S. industries, with significant exposure to technology, finance, retail trade, and industrial sectors. The fund primarily holds stocks from the largest 70% of the U.S. equity market by capitalization, balancing both growth and value characteristics without a dominant style bias. Its portfolio features significant positions in major U.S. companies, including technology leaders such as Apple, Microsoft, and NVIDIA, and typically maintains holdings in over 500 securities, providing broad market representation and risk diversification. Managed by a team employing a dynamic allocation approach, the fund aims to mirror or modestly outperform the S&P 500 Index over time. It distributes dividends quarterly and is designed to serve as a core equity holding for investors seeking access to the broad U.S. stock market with a disciplined, large-cap focus and professional management.
Performance
MUIGX had a total return of 12.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.21%.
Top 10 Holdings
65.56% of assets| Name | Symbol | Weight |
|---|---|---|
| US Treasury Bond Future Sept 25 | n/a | 10.94% |
| Call On E-mini S&P 500 Futures Sep25 | n/a | 9.80% |
| Call On E-mini S&P 500 Futures Aug25 | n/a | 9.57% |
| CASH | n/a | 7.93% |
| NVIDIA Corporation | NVDA | 6.42% |
| Microsoft Corporation | MSFT | 6.16% |
| Apple Inc. | AAPL | 5.11% |
| United States Treasury Bills 0% | B.0 08.07.25 | 3.52% |
| Amazon.com, Inc. | AMZN | 3.45% |
| Meta Platforms, Inc. | META | 2.67% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 9, 2025 | $0.03963 | Jun 10, 2025 |
| Mar 10, 2025 | $0.03054 | Mar 11, 2025 |
| Dec 19, 2024 | $0.60878 | Dec 20, 2024 |
| Sep 9, 2024 | $0.05163 | Sep 10, 2024 |
| Jun 10, 2024 | $0.04923 | Jun 11, 2024 |
| Mar 11, 2024 | $0.03302 | Mar 12, 2024 |