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

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
35.95
+0.11 (0.31%)
Jul 9, 2025, 4:00 PM EDT
0.53%
Fund Assets 624.76M
Expense Ratio 0.70%
Min. Investment $2,000
Turnover 77.00%
Dividend (ttm) 5.55
Dividend Yield 15.49%
Dividend Growth 300.95%
Payout Frequency Quarterly
Ex-Dividend Date Jun 9, 2025
Previous Close 35.84
YTD Return 9.44%
1-Year Return 17.71%
5-Year Return 129.80%
52-Week Low 30.49
52-Week High 41.35
Beta (5Y) n/a
Holdings 75
Inception Date Dec 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 17.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.25%.

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%
NWAPX Eagle Class 0.70%
NWAOX Institutional Service Class 0.85%
NWALX Class A 1.10%

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