Nationwide BNY Mellon Dynamic U.S. Equity Income Fund Class K (NWAMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
35.81
+0.25 (0.70%)
Jul 17, 2025, 4:00 PM EDT
-3.76%
Fund Assets624.76M
Expense Ratio0.70%
Min. Investment$2,000
Turnover77.00%
Dividend (ttm)5.55
Dividend Yield15.61%
Dividend Growth300.95%
Payout FrequencyQuarterly
Ex-Dividend DateJun 9, 2025
Previous Close35.56
YTD Return9.01%
1-Year Return12.68%
5-Year Return120.09%
52-Week Low30.49
52-Week High41.35
Beta (5Y)n/a
Holdings75
Inception DateDec 31, 1987

About NWAMX

The Nationwide BNY Mellon Dynamic U.S. Equity Income Fund is an actively managed equity mutual fund focused on delivering a combination of sustainable high current income and solid dividend growth, while maintaining a value-oriented investment approach. The fund typically holds between 50 to 80 U.S. common stocks selected through a high-conviction, excess return-driven process aimed at outperforming benchmark indices and peers. It employs a derivative overlay strategy using S&P 500 Index and bond futures to modestly leverage and enhance returns. With approximately 73 holdings and a price-to-earnings ratio around 19, the fund emphasizes large-cap value stocks across sectors such as financial services, healthcare, and communication services. This strategy is designed to generate positive risk-adjusted returns, balancing income and capital appreciation objectives within the U.S. equity market. As of early 2025, the fund manages over $600 million in assets and has received favorable Morningstar ratings for multi-year performance, reflecting its role as a dynamic income-producing equity vehicle in the large-value segment.

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

Performance

NWAMX had a total return of 12.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.12%.

Equivalent Funds

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

SymbolProviderNameExpense Ratio
FVLCXFidelityFidelity Advisor Value Leaders Fund - Class C1.90%
FSLVXFidelityFidelity Stock Selector Large Cap Value Fund0.83%
SWLVXSchwabSchwab ® U.S. Large-Cap Value Index Fund0.03%
FVLIXFidelityFidelity Advisor Value Leaders Fund - Class I0.90%
FSCZXFidelityFidelity Advisor Stock Selector Large Cap Value Fund - Class Z0.72%

Other Share Classes

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

SymbolShare ClassExpense Ratio
NWANXClass R60.60%
NWAPXEagle Class0.70%
NWAOXInstitutional Service Class0.85%
NWALXClass A1.10%

Top 10 Holdings

71.59% of assets
NameSymbolWeight
US Treasury Bond Future Sept 25n/a11.29%
Call On E-mini S&P 500 Futures Jun25n/a10.81%
Call On E-mini S&P 500 Futures Aug25n/a10.43%
Call On E-mini S&P 500 Futures Jul25n/a10.33%
E-mini Russell 2000 Index Future June 25n/a8.20%
CASHn/a5.04%
United States Treasury Bills 0%B.0 08.07.254.45%
JPMorgan Chase & Co.JPM4.01%
Berkshire Hathaway Inc.BRK.B3.68%
Bank of America CorporationBAC3.35%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 9, 2025$0.15289Jun 10, 2025
Mar 10, 2025$0.067Mar 11, 2025
Dec 19, 2024$5.18023Dec 20, 2024
Sep 9, 2024$0.15109Sep 10, 2024
Jun 10, 2024$0.17346Jun 11, 2024
Mar 11, 2024$0.08118Mar 12, 2024
Full Dividend History