Nationwide GQG US Quality Eq R6 (NWAVX)
| Fund Assets | 176.63M |
| Expense Ratio | 0.49% |
| Min. Investment | $1,000,000 |
| Turnover | 217.11% |
| Dividend (ttm) | 2.15 |
| Dividend Yield | 14.73% |
| Dividend Growth | 3,444.26% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 9, 2025 |
| Previous Close | 14.50 |
| YTD Return | -2.76% |
| 1-Year Return | -2.54% |
| 5-Year Return | n/a |
| 52-Week Low | 13.69 |
| 52-Week High | 18.40 |
| Beta (5Y) | n/a |
| Holdings | 32 |
| Inception Date | Jan 25, 2021 |
About NWAVX
Nationwide GQG US Quality Equity Fund Class R6 is a mutual fund designed to pursue long-term capital appreciation by investing predominantly in the equity securities of U.S. companies. The fund places a strategic emphasis on large-cap stocks with market capitalizations similar to those included in the S&P 500 Index, targeting businesses recognized for their quality and growth potential. At least 80% of its assets are allocated to equities, with a focus on selecting companies demonstrating strong fundamentals and sustainable business models. Class R6 shares are usually tailored for institutional investors, reflected by a high minimum investment requirement. The fund is notable for its diversified holdings—approximately 34 securities, with its top 10 positions comprising nearly half of total assets—which supports its ambition to achieve high performance while balancing risk. Positioned as a large blend fund, it appeals to investors seeking exposure to established U.S. corporations across multiple sectors. The fund’s robust dividend payout and above-average risk rating reinforce its role within the broader market as a vehicle for growth-oriented strategies that do not compromise on quality.
Performance
NWAVX had a total return of -2.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.37%.
Top 10 Holdings
46.67% of assets| Name | Symbol | Weight |
|---|---|---|
| Philip Morris International Inc. | PM | 7.16% |
| AT&T Inc. | T | 6.36% |
| Verizon Communications Inc. | VZ | 5.30% |
| The Progressive Corporation | PGR | 4.61% |
| American Electric Power Company, Inc. | AEP | 4.41% |
| American International Group, Inc. | AIG | 4.23% |
| Altria Group, Inc. | MO | 4.10% |
| The Cigna Group | CI | 3.82% |
| Netflix, Inc. | NFLX | 3.51% |
| Microsoft Corporation | MSFT | 3.16% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 9, 2025 | $0.06737 | Jun 10, 2025 |
| Mar 10, 2025 | $0.00539 | Mar 11, 2025 |
| Dec 19, 2024 | $2.0397 | Dec 20, 2024 |
| Sep 9, 2024 | $0.03926 | Sep 10, 2024 |
| Jun 10, 2024 | $0.01824 | Jun 11, 2024 |
| Dec 20, 2023 | $0.03593 | Dec 21, 2023 |