Nationwide BNY Mellon Dynamic U.S. Equity Income Fund Class A (NWALX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
36.22
+0.26 (0.72%)
Jul 10, 2025, 9:30 AM EDT
1.26%
Fund Assets 624.76M
Expense Ratio 1.10%
Min. Investment $2,000
Turnover 77.00%
Dividend (ttm) 5.49
Dividend Yield 14.39%
Dividend Growth 313.95%
Payout Frequency Quarterly
Ex-Dividend Date Jun 9, 2025
Previous Close 35.96
YTD Return 9.35%
1-Year Return 17.51%
5-Year Return 132.87%
52-Week Low 30.49
52-Week High 41.33
Beta (5Y) 0.88
Holdings 75
Inception Date Dec 16, 2019

About NWALX

The Nationwide BNY Mellon Dynamic U.S. Equity Income Fund Class A is a large value mutual fund designed to provide sustainable high current income and consistent dividend growth while seeking not to sacrifice value. Managed through a high-conviction, excess-return-driven approach, the fund typically holds between 50 and 80 U.S. equities, aiming for both income generation and capital appreciation. It employs a unique dividend-oriented strategy and utilizes a derivative overlay that seeks to enhance returns by modestly leveraging exposure through S&P 500 and bond futures. The fund invests at least 80% of its net assets in equity securities of U.S. issuers, primarily common stocks, and maintains a diversified portfolio spanning major sectors of the U.S. market. It has demonstrated strong risk-adjusted performance and is recognized for its relatively high dividend yield, paying distributions quarterly. The fund plays a significant role in providing investors with a blend of income and growth within the equity segment of the market, serving individual and retirement-focused portfolios seeking reliable income streams alongside long-term growth potential.

Fund Family Nationwide
Category Large Value
Stock Exchange NASDAQ
Ticker Symbol NWALX
Share Class Class A
Index Russell 1000 Value TR

Performance

NWALX had a total return of 17.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.81%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol Provider Name Expense Ratio
FVLCX Fidelity Fidelity Advisor Value Leaders Fund - Class C 1.90%
FSLVX Fidelity Fidelity Stock Selector Large Cap Value Fund 0.83%
SWLVX Schwab Schwab ® U.S. Large-Cap Value Index Fund 0.03%
FVLIX Fidelity Fidelity Advisor Value Leaders Fund - Class I 0.90%
FSCZX Fidelity Fidelity Advisor Stock Selector Large Cap Value Fund - Class Z 0.72%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
NWANX Class R6 0.60%
NWAMX Class K 0.70%
NWAPX Eagle Class 0.70%
NWAOX Institutional Service Class 0.85%

Top 10 Holdings

71.59% of assets
Name Symbol Weight
US Treasury Bond Future Sept 25 n/a 11.29%
Call On E-mini S&P 500 Futures Jun25 n/a 10.81%
Call On E-mini S&P 500 Futures Aug25 n/a 10.43%
Call On E-mini S&P 500 Futures Jul25 n/a 10.33%
E-mini Russell 2000 Index Future June 25 n/a 8.20%
CASH n/a 5.04%
United States Treasury Bills 0% B.0 08.07.25 4.45%
JPMorgan Chase & Co. JPM 4.01%
Berkshire Hathaway Inc. BRK.B 3.68%
Bank of America Corporation BAC 3.35%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jun 9, 2025 $0.13895 Jun 10, 2025
Mar 10, 2025 $0.05293 Mar 11, 2025
Dec 19, 2024 $5.16311 Dec 20, 2024
Sep 9, 2024 $0.13514 Sep 10, 2024
Jun 10, 2024 $0.1587 Jun 11, 2024
Mar 11, 2024 $0.06704 Mar 12, 2024
Full Dividend History