Nationwide BNY Mellon Dyn US Eq Inc A (NWALX)
| Fund Assets | 940.75M |
| Expense Ratio | 1.10% |
| Min. Investment | $2,000 |
| Turnover | 8.73% |
| Dividend (ttm) | 3.37 |
| Dividend Yield | 7.76% |
| Dividend Growth | -38.69% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 17, 2026 |
| Previous Close | 40.90 |
| YTD Return | 15.01% |
| 1-Year Return | 24.98% |
| 5-Year Return | 85.07% |
| 52-Week Low | 35.31 |
| 52-Week High | 40.90 |
| Beta (5Y) | 0.81 |
| Holdings | 84 |
| 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.
Performance
NWALX had a total return of 24.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.67%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FSLVX | Fidelity | Fidelity Stock Selector Large Cap Value Fund | 0.81% |
| SWLVX | Schwab | Schwab U.S. Large-Cap Value Index Fund | 0.03% |
| FSCZX | Fidelity | Fidelity Advisor Stk Selec Lg Cp Val Z | 0.71% |
| FLUAX | Fidelity | Fidelity Advisor Stk Selec Lg Cp Val A | 1.11% |
| FIOOX | Fidelity | Fidelity Series Large Cap Value Index Fund | 0.05% |
Top 10 Holdings
62.91% of assets| Name | Symbol | Weight |
|---|---|---|
| Call On E-mini S&P 500 Futures Aug26 | n/a | 15.48% |
| Call On E-mini S&P 500 Futures Jun26 | n/a | 14.92% |
| E-mini Russell 1000 Index Future June 26 | n/a | 8.29% |
| CASH | n/a | 5.01% |
| UnitedHealth Group Incorporated | UNH | 3.59% |
| JPMorgan Chase & Co. | JPM | 3.40% |
| Amazon.com, Inc. | AMZN | 3.23% |
| Texas Instruments Incorporated | TXN | 3.18% |
| United States Treasury Bills 0% | B.0 08.06.26 | 2.95% |
| Berkshire Hathaway Inc. | BRK.B | 2.87% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 17, 2026 | $0.11757 | Jun 18, 2026 |
| Mar 18, 2026 | $0.08389 | Mar 19, 2026 |
| Dec 18, 2025 | $3.04454 | Dec 19, 2025 |
| Sep 8, 2025 | $0.12009 | Sep 9, 2025 |
| Jun 9, 2025 | $0.13895 | Jun 10, 2025 |
| Mar 10, 2025 | $0.05293 | Mar 11, 2025 |