Nationwide is a Fortune 100 company with decades of experience in asset management. It offers a diverse range of mutual fund selections across asset classes. These funds are equity, fixed-income, and sector-specific investments, which are managed by third-party asset managers. The equity funds invest in growth, value and dividend stocks, while fixed-income funds buy government, corporate and municipal bonds, income and risk diversification — sector-specific funds, which provide concentrated exposure, and target industries such as technology and healthcare.
Nationwide prioritizes client needs through a mutual structure and therefore focuses on delivering long-term value, not shareholder profits. All these attributes make Nationwide a reliable investment option.
We have chosen three Nationwide mutual funds — Nationwide BNY Mellon Dyn US Eq Inc Fund NWAMX, Nationwide Bailard Cogntv Val NWHFX and Nationwide Geneva Small Cap Gr NWHZX — that investors should buy now for the long term. These funds have a Zacks Mutual Fund Rank #1 (Strong Buy) or 2 (Buy), positive three-year and five-year annualized returns, minimum initial investments within $5000 and expense ratios considerably lower than the category average. So, these funds have provided a comparatively stronger performance and carry a lower fee.
Nationwide BNY Mellon Dyn US Eq Inc Fund invests the majority of its assets in equity securities of U.S. companies. NWAMX also invests in foreign equity securities.
John C Bailer has been the lead manager of NWAMX since Aug. 28, 2019. Most of the fund’s holdings were in companies like Cisco Systems, Inc. (3.5%), AT&T Inc. (3.5%) and Berkshire Hathaway Inc. (3.4%) as of Oct. 31, 2024.
NWAMX’s 3-year and 5-year returns are 10% and 13.3%, respectively. The annual expense ratio is 0.75%. NWAMX has a Zacks Mutual Fund Rank #1.
To see how this fund performed compared to its category, and other 1 and 2 Ranked Mutual Funds, please click here.
Nationwide Bailard Cogntv Val fund invests most of its assets in common stocks of small-cap value companies with market capitalizations similar, though not identical, to those on the Russell 2000 Value Index. NWHFX advisors also invest in common stocks of micro-cap companies with a market capitalization of $300 million.
Thomas J. Mudge has been the lead manager of NWHFX since Dec. 31, 2006. Most of the fund’s holdings were in companies like Vanguard Small-Cap Value (1%), CareTrust REIT, Inc. (0.9%) and Essential Properties Realty Trust, Inc. (0.9%) as of Oct. 31, 2024.