Nationwide BNY Mellon Dynamic U.S. Equity Income Fund Class K (NWAMX)
| Fund Assets | 940.75M |
| Expense Ratio | 0.70% |
| Min. Investment | $2,000 |
| Turnover | 8.73% |
| Dividend (ttm) | 3.43 |
| Dividend Yield | 8.38% |
| Dividend Growth | -38.25% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 17, 2026 |
| Previous Close | 40.89 |
| YTD Return | 15.11% |
| 1-Year Return | 25.15% |
| 5-Year Return | 86.48% |
| 52-Week Low | 35.30 |
| 52-Week High | 40.89 |
| Beta (5Y) | 1.19 |
| Holdings | 84 |
| 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.
Performance
NWAMX had a total return of 25.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.07%.
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 | $0.13362 | Jun 18, 2026 |
| Mar 18, 2026 | $0.09954 | Mar 19, 2026 |
| Dec 18, 2025 | $3.05897 | Dec 19, 2025 |
| Sep 8, 2025 | $0.13571 | Sep 9, 2025 |
| Jun 9, 2025 | $0.15289 | Jun 10, 2025 |
| Mar 10, 2025 | $0.067 | Mar 11, 2025 |