Continue to site >
Trending ETFs

Name

As of 01/20/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$6.39

$24.5 M

0.38%

$0.02

0.80%

Vitals

YTD Return

-15.5%

1 yr return

-25.4%

3 Yr Avg Return

-3.8%

5 Yr Avg Return

-15.0%

Net Assets

$24.5 M

Holdings in Top 10

57.8%

52 WEEK LOW AND HIGH

$6.3
$6.33
$8.94

Expenses

OPERATING FEES

Expense Ratio 0.80%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$50,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 01/20/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$6.39

$24.5 M

0.38%

$0.02

0.80%

NWGKX - Profile

Distributions

  • YTD Total Return -15.5%
  • 3 Yr Annualized Total Return -3.8%
  • 5 Yr Annualized Total Return -0.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.74%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Nationwide Diamond Hill Large Cap Concentrated Fund
  • Fund Family Name
    Nationwide
  • Inception Date
    May 31, 2000
  • Shares Outstanding
    N/A
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Chuck Bath

Fund Description

The Fund invests primarily in common stocks of large-cap U.S. companies, utilizing a value style of investing. In other words, the Fund seeks companies that may be trading at prices that do not reflect a company’s intrinsic value. Companies issuing such securities may be currently out of favor, undervalued due to market declines, or experiencing poor operating conditions that may be temporary. Under normal circumstances, the Fund invests at least 80% of its net assets in equity securities of large-cap companies. The Fund currently considers large-cap companies as those with market capitalizations similar to those of companies included in the Russell 1000® Index. The Fund makes market capitalization determinations with respect to a security at the time of purchase of such security. The Fund may also invest in stocks of foreign companies.The subadviser focuses on estimating a company’s value independent of its current stock price. To estimate a company’s value, the subadviser concentrates on the fundamental economic drivers of the business. The primary focus is on “bottom-up” analysis, which takes into consideration earnings, revenue growth, operating margins and other economic factors. The subadviser also considers the level of industry competition, regulatory factors, the threat of technological obsolescence, and a variety of other industry factors. If the subadviser’s estimate of a company’s value differs sufficiently from the current market price, the company may be an attractive investment opportunity.In constructing a portfolio of securities, the subadviser is not constrained by the sector or industry weights in the Fund’s benchmark. The subadviser relies on individual stock selection and discipline in the investment process to add value and assigns the highest portfolio security weights to companies in which the subadviser has the highest level of conviction. The Fund is classified as a “non-diversified fund” under the Investment Company Act of 1940, which means that a relatively high percentage of the Fund’s assets may be invested in a limited number of issuers. The subadviser may sell a security as it reaches the subadviser’s estimate of the company’s value; if it believes that the company’s earnings, revenue growth, operating margin or other economic factors are deteriorating; or if it identifies a stock that it believes offers a better investment opportunity.
Read More

NWGKX - Performance

Return Ranking - Trailing

Period NWGKX Return Category Return Low Category Return High Rank in Category (%)
YTD -15.5% -21.2% 27.4% 99.37%
1 Yr -25.4% -61.6% 51.5% 98.07%
3 Yr -3.8%* -24.7% 59.8% 89.73%
5 Yr -15.0%* -17.9% 29.3% 99.27%
10 Yr N/A* -16.3% 14.8% 30.75%

* Annualized

Return Ranking - Calendar

Period NWGKX Return Category Return Low Category Return High Rank in Category (%)
2023 -16.0% -65.1% 38.0% 79.89%
2022 7.5% -25.3% 29.0% 52.81%
2021 2.8% -8.4% 56.7% 10.11%
2020 6.6% -24.3% 10.4% 3.02%
2019 -16.6% -17.8% 21.9% 99.73%

Total Return Ranking - Trailing

Period NWGKX Return Category Return Low Category Return High Rank in Category (%)
YTD -15.5% -21.2% 27.4% 99.21%
1 Yr -25.4% -61.6% 61.5% 98.11%
3 Yr -3.8%* -24.7% 59.8% 90.01%
5 Yr -0.2%* -16.9% 32.3% 61.78%
10 Yr N/A* -3.4% 21.6% 29.09%

* Annualized

Total Return Ranking - Calendar

Period NWGKX Return Category Return Low Category Return High Rank in Category (%)
2023 -16.0% -65.1% 38.0% 79.89%
2022 7.5% -25.3% 29.0% 52.81%
2021 2.8% -8.4% 56.7% 10.11%
2020 6.6% -24.3% 10.4% 3.02%
2019 -2.1% -8.9% 21.9% 48.64%

NAV & Total Return History


NWGKX - Holdings

Concentration Analysis

NWGKX Category Low Category High NWGKX % Rank
Net Assets 24.5 M 390 K 151 B 93.46%
Number of Holdings 21 2 1727 98.63%
Net Assets in Top 10 14.2 M 2.1 K 32.3 B 85.93%
Weighting of Top 10 57.84% 2.8% 99.2% 2.61%

Top 10 Holdings

  1. American International Group Inc 8.84%
  2. ConocoPhillips 7.63%
  3. Abbott Laboratories 6.62%
  4. PepsiCo Inc 5.80%
  5. Berkshire Hathaway Inc Class B 5.68%
  6. Mondelez International Inc Class A 5.62%
  7. Chevron Corp 5.60%
  8. Freeport-McMoRan Inc 5.49%
  9. Citigroup Inc 5.06%
  10. Pfizer Inc 4.88%

Asset Allocation

Weighting Return Low Return High NWGKX % Rank
Stocks
98.97% 10.06% 125.26% 39.70%
Cash
1.03% -88.20% 89.94% 57.87%
Preferred Stocks
0.00% 0.00% 19.30% 78.40%
Other
0.00% -2.02% 26.80% 76.73%
Convertible Bonds
0.00% 0.00% 3.66% 78.10%
Bonds
0.00% 0.00% 80.18% 77.87%

Stock Sector Breakdown

Weighting Return Low Return High NWGKX % Rank
Financial Services
28.05% 0.00% 58.05% 5.04%
Consumer Cyclical
16.70% 0.00% 22.74% 2.37%
Healthcare
16.11% 0.00% 35.91% 61.60%
Industrials
8.37% 0.00% 42.76% 83.51%
Communication Services
8.07% 0.00% 26.58% 19.16%
Energy
7.71% 0.00% 54.00% 47.86%
Consumer Defense
5.86% 0.00% 34.10% 78.70%
Technology
4.74% 0.00% 54.02% 93.51%
Basic Materials
4.39% 0.00% 21.69% 26.79%
Utilities
0.00% 0.00% 27.04% 97.63%
Real Estate
0.00% 0.00% 90.54% 96.79%

Stock Geographic Breakdown

Weighting Return Low Return High NWGKX % Rank
US
98.97% 9.63% 121.23% 12.17%
Non US
0.00% 0.00% 45.02% 97.19%

NWGKX - Expenses

Operational Fees

NWGKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.80% 0.01% 4.02% 50.95%
Management Fee 0.55% 0.00% 1.50% 47.87%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.20% 0.01% 0.50% 81.98%

Sales Fees

NWGKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 0.95% 5.50% N/A

Trading Fees

NWGKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

NWGKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 488.00% 41.51%

NWGKX - Distributions

Dividend Yield Analysis

NWGKX Category Low Category High NWGKX % Rank
Dividend Yield 0.38% 0.00% 42.08% 52.15%

Dividend Distribution Analysis

NWGKX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Monthly

Net Income Ratio Analysis

NWGKX Category Low Category High NWGKX % Rank
Net Income Ratio 0.74% -1.51% 4.28% 80.73%

Capital Gain Distribution Analysis

NWGKX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

NWGKX - Fund Manager Analysis

Managers

Chuck Bath


Start Date

Tenure

Tenure Rank

Nov 13, 2017

4.55

4.6%

Chuck serves as Managing Director – Investments and Portfolio Manager for Diamond Hill Capital Management and joined the firm in 2002. Prior to joining Diamond Hill, Chuck was a Portfolio Manager and an Analyst with Nationwide Insurance and affiliates from 1982 to 2002, where he managed the Nationwide Fund. From 1979 to 1980, Chuck was an Internal Auditor at USAA. He also was an Auditor at Ernst & Whinney from 1977 to 1979. Chuck has a Bachelor of Science in Accounting from Miami University and a Master of Business Administration from The Ohio State University.

Austin Hawley


Start Date

Tenure

Tenure Rank

Nov 13, 2017

4.55

4.6%

Austin serves as Chief Investment Officer and Portfolio Manager for Diamond Hill Capital Management and joined the firm in 2008. Prior to joining Diamond Hill, Austin was an Equity Analyst at Putnam Investments from 2004 to 2008. From 1999 to 2002, he was an Investment Associate at Putnam Investments. Austin has a Bachelor of Arts in History (cum laude) and a Master of Business Administration (with distinction) from Dartmouth College.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 86.59 7.87 16.42