Nationwide BNY Mellon Dynamic U.S. Core Fund Institutional Service Class (NGISX)
| Fund Assets | 1.37B |
| Expense Ratio | 0.66% |
| Min. Investment | $50,000 |
| Turnover | 3.54% |
| Dividend (ttm) | 0.71 |
| Dividend Yield | 4.07% |
| Dividend Growth | 315.01% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 9, 2025 |
| Previous Close | 17.46 |
| YTD Return | 7.47% |
| 1-Year Return | 12.03% |
| 5-Year Return | 91.81% |
| 52-Week Low | 13.95 |
| 52-Week High | 17.58 |
| Beta (5Y) | n/a |
| Holdings | 513 |
| Inception Date | Nov 30, 2011 |
About NGISX
Nationwide BNY Mellon Dynamic U.S. Core Fund Institutional Service Class is a mutual fund designed with the primary goal of achieving long-term capital growth. The fund targets outperformance of the S&P 500 Index across a full market cycle while maintaining a risk profile that closely matches its benchmark. Structured as a large blend equity fund, it invests broadly in U.S. equities—typically holding over 500 stocks—and actively allocates assets between the S&P 500 Index, Bloomberg U.S. Long Treasury Index, and cash, guided by forward-looking estimates of returns, risk, and correlations. This dynamic allocation approach seeks to optimize the portfolio's risk and return characteristics, offering potential diversification benefits and a return profile with lower correlation to traditional long-only equity strategies. The fund is managed by Newton Investment Management North America, LLC, and features a competitive expense ratio, which enhances its appeal in the institutional market. Top holdings generally include prominent U.S. technology and consumer companies, making it influential within the U.S. equity landscape and particularly relevant for investors seeking core equity exposure with an adaptive strategy.
Performance
NGISX had a total return of 12.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.64%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
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 | $0.0361 | Jun 10, 2025 |
| Mar 10, 2025 | $0.02622 | Mar 11, 2025 |
| Dec 19, 2024 | $0.60271 | Dec 20, 2024 |
| Sep 9, 2024 | $0.04534 | Sep 10, 2024 |
| Jun 10, 2024 | $0.04324 | Jun 11, 2024 |
| Mar 11, 2024 | $0.02622 | Mar 12, 2024 |