Nationwide BNY Mellon Dyn US Eq Inc A (NWALX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
37.25
0.00 (0.00%)
Oct 21, 2025, 4:00 PM EDT
Fund Assets747.14M
Expense Ratio1.10%
Min. Investment$2,000
Turnover77.00%
Dividend (ttm)5.48
Dividend Yield13.85%
Dividend Growth308.39%
Payout FrequencyQuarterly
Ex-Dividend DateSep 8, 2025
Previous Close37.25
YTD Return13.27%
1-Year Return9.89%
5-Year Return116.36%
52-Week Low30.49
52-Week High41.33
Beta (5Y)0.88
Holdings80
Inception DateDec 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 9.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.88%.

Equivalent Funds

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

SymbolProviderNameExpense Ratio
FVLCXFidelityFidelity Advisor Value Leaders C1.90%
FSLVXFidelityFidelity Stk Selec Lg Cp Val0.83%
SWLVXSchwabSchwab US Large-Cap Value Index0.03%
FVLIXFidelityFidelity Advisor Value Leaders I0.90%
FSCZXFidelityFidelity Advisor Stk Selec Lg Cp Val Z0.72%

Other Share Classes

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

SymbolShare ClassExpense Ratio
NWANXClass R60.60%
NWAMXClass K0.70%
NWAPXEagle Class0.70%
NWAOXInstitutional Service Class0.85%

Top 10 Holdings

63.63% of assets
NameSymbolWeight
Call On E-mini S&P 500 Futures Nov25n/a10.37%
US Treasury Bond Future Dec 25n/a10.26%
Call On E-mini S&P 500 Futures Oct25n/a10.19%
E-mini Russell 1000 Index Future Dec 25n/a8.18%
CASHn/a6.87%
JPMorgan Chase & Co.JPM3.67%
Johnson & JohnsonJNJ3.62%
Berkshire Hathaway Inc.BRK.B3.60%
Cisco Systems, Inc.CSCO3.45%
United States Treasury Bills 0%B.0 02.05.263.43%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Sep 8, 2025$0.12009Sep 9, 2025
Jun 9, 2025$0.13895Jun 10, 2025
Mar 10, 2025$0.05293Mar 11, 2025
Dec 19, 2024$5.16311Dec 20, 2024
Sep 9, 2024$0.13514Sep 10, 2024
Jun 10, 2024$0.1587Jun 11, 2024
Full Dividend History