Nationwide BNY Mellon Dynamic U.S. Equity Income Fund Institutional Service Class (NWAOX)
| Fund Assets | 624.76M |
| Expense Ratio | 0.85% |
| Min. Investment | $50,000 |
| Turnover | 77.00% |
| Dividend (ttm) | 5.55 |
| Dividend Yield | 15.45% |
| Dividend Growth | 298.81% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 9, 2025 |
| Previous Close | 35.82 |
| YTD Return | 9.45% |
| 1-Year Return | 17.69% |
| 5-Year Return | 135.30% |
| 52-Week Low | 30.47 |
| 52-Week High | 41.32 |
| Beta (5Y) | n/a |
| Holdings | 75 |
| Inception Date | Dec 16, 2019 |
About NWAOX
The **Nationwide BNY Mellon Dynamic U.S. Equity Income Fund** is a broadly diversified equity mutual fund focused on maximizing income and growth for investors. Its primary function is to combine high current income with sustainable dividend growth, without compromising on value. The fund invests predominantly in U.S. common stocks, aiming to deliver positive benchmark and peer-relative results. It employs a high-conviction, excess return-driven process, typically holding between 50-80 stocks. The fund also uses a derivative overlay to enhance returns through modest leverage, primarily in S&P 500 Index and bond futures. This strategy allows it to play a significant role in the large value equity market segment, providing a unique approach for investors seeking both income and capital appreciation.
Performance
NWAOX had a total return of 17.69% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.05%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWNEX | Vanguard | Vanguard Windsor™ Fund Admiral™ Shares | 0.26% |
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 | $0.15273 | Jun 10, 2025 |
| Mar 10, 2025 | $0.06713 | Mar 11, 2025 |
| Dec 19, 2024 | $5.18025 | Dec 20, 2024 |
| Sep 9, 2024 | $0.15106 | Sep 10, 2024 |
| Jun 10, 2024 | $0.17493 | Jun 11, 2024 |
| Mar 11, 2024 | $0.0836 | Mar 12, 2024 |