Nationwide BNY Mellon Dynamic U.S. Equity Income Fund Class K (NWAMX)
| Fund Assets | 624.76M |
| Expense Ratio | 0.70% |
| Min. Investment | $2,000 |
| Turnover | 77.00% |
| Dividend (ttm) | 5.55 |
| Dividend Yield | 15.61% |
| Dividend Growth | 300.95% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 9, 2025 |
| Previous Close | 35.56 |
| YTD Return | 9.01% |
| 1-Year Return | 12.68% |
| 5-Year Return | 120.09% |
| 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.
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.
| 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% |
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% |
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 |