Nationwide Long/Short Equity Instl Svc
Name
As of 09/25/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-22.0%
1 yr return
2.0%
3 Yr Avg Return
3.6%
5 Yr Avg Return
5.1%
Net Assets
$18.2 M
Holdings in Top 10
27.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 3.59%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 25.58%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$50,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 09/25/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NWLGX - Profile
Distributions
- YTD Total Return -22.0%
- 3 Yr Annualized Total Return 3.6%
- 5 Yr Annualized Total Return 5.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.83%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameNationwide Long/Short Equity Fund
-
Fund Family NameNationwide
-
Inception DateSep 28, 2012
-
Shares OutstandingN/A
-
Share ClassS
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDavid Schroll
Fund Description
NWLGX - Performance
Return Ranking - Trailing
Period | NWLGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -22.0% | -22.3% | 71.8% | 99.05% |
1 Yr | 2.0% | -20.2% | 74.8% | 61.24% |
3 Yr | 3.6%* | -10.4% | 21.5% | 53.37% |
5 Yr | 5.1%* | -6.0% | 14.4% | 37.75% |
10 Yr | N/A* | 0.4% | 12.1% | N/A |
* Annualized
Return Ranking - Calendar
Period | NWLGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.8% | -12.2% | 37.8% | 12.00% |
2022 | -11.2% | -41.4% | 12.7% | 63.16% |
2021 | N/A | -67.1% | 21.9% | N/A |
2020 | N/A | -17.3% | 25.3% | N/A |
2019 | N/A | -26.2% | 11.6% | N/A |
Total Return Ranking - Trailing
Period | NWLGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -22.0% | -22.3% | 71.8% | 99.05% |
1 Yr | 2.0% | -24.2% | 74.8% | 58.85% |
3 Yr | 3.6%* | -11.5% | 21.5% | 50.78% |
5 Yr | 5.1%* | -6.5% | 14.4% | 36.42% |
10 Yr | N/A* | 0.4% | 12.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | NWLGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.8% | -12.2% | 37.8% | 12.00% |
2022 | -9.0% | -23.0% | 12.7% | 60.53% |
2021 | N/A | -3.6% | 25.0% | N/A |
2020 | N/A | -15.5% | 25.3% | N/A |
2019 | N/A | -26.2% | 11.6% | N/A |
NAV & Total Return History
NWLGX - Holdings
Concentration Analysis
NWLGX | Category Low | Category High | NWLGX % Rank | |
---|---|---|---|---|
Net Assets | 18.2 M | 0 | 3.63 B | 78.87% |
Number of Holdings | 51 | 3 | 2516 | 67.77% |
Net Assets in Top 10 | 5.11 M | -166 M | 813 M | 78.67% |
Weighting of Top 10 | 27.70% | 4.1% | 99.9% | 78.41% |
Top 10 Holdings
- Apple Inc 4.84%
- Philip Morris International Inc 3.34%
- AT&T Inc 2.98%
- Chevron Corp 2.77%
- Mastercard Inc A 2.69%
- Amazon.com Inc 2.38%
- JPMorgan Chase & Co 2.33%
- U.S. Bancorp 2.14%
- Cisco Systems Inc 2.13%
- Zoetis Inc Class A 2.10%
Asset Allocation
Weighting | Return Low | Return High | NWLGX % Rank | |
---|---|---|---|---|
Stocks | 82.96% | -0.94% | 278.47% | 23.47% |
Cash | 17.04% | -178.47% | 100.94% | 66.35% |
Preferred Stocks | 0.00% | 0.00% | 4.65% | 22.27% |
Other | 0.00% | -14.98% | 131.29% | 40.28% |
Convertible Bonds | 0.00% | 0.00% | 5.58% | 26.54% |
Bonds | 0.00% | -1.14% | 78.41% | 40.38% |
Stock Sector Breakdown
Weighting | Return Low | Return High | NWLGX % Rank | |
---|---|---|---|---|
Technology | 26.98% | 0.00% | 47.27% | 13.50% |
Healthcare | 15.02% | 0.00% | 98.20% | 46.50% |
Financial Services | 13.28% | 0.00% | 71.18% | 47.00% |
Consumer Cyclical | 10.79% | 0.00% | 81.79% | 56.50% |
Consumer Defense | 9.03% | 0.00% | 39.57% | 31.00% |
Industrials | 7.22% | 0.00% | 30.02% | 74.50% |
Communication Services | 6.38% | 0.00% | 27.57% | 74.00% |
Energy | 5.73% | 0.00% | 16.52% | 12.00% |
Basic Materials | 4.02% | 0.00% | 21.48% | 33.00% |
Real Estate | 1.53% | 0.00% | 16.28% | 51.50% |
Utilities | 0.00% | 0.00% | 27.45% | 80.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | NWLGX % Rank | |
---|---|---|---|---|
US | 80.98% | -8.90% | 278.47% | 19.43% |
Non US | 1.98% | -49.91% | 64.14% | 54.50% |
NWLGX - Expenses
Operational Fees
NWLGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 3.59% | 0.40% | 12.79% | 15.94% |
Management Fee | 1.35% | 0.00% | 2.25% | 71.50% |
12b-1 Fee | N/A | 0.00% | 1.00% | 28.07% |
Administrative Fee | 0.25% | 0.03% | 1.47% | 80.00% |
Sales Fees
NWLGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
NWLGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | 65.48% |
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.
NWLGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 25.58% | 0.00% | 470.00% | 10.17% |
NWLGX - Distributions
Dividend Yield Analysis
NWLGX | Category Low | Category High | NWLGX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 22.70% | 23.36% |
Dividend Distribution Analysis
NWLGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
NWLGX | Category Low | Category High | NWLGX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.83% | -2.65% | 3.99% | 80.68% |
Capital Gain Distribution Analysis
NWLGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
NWLGX - Fund Manager Analysis
Managers
David Schroll
Start Date
Tenure
Tenure Rank
Sep 28, 2012
7.93
7.9%
David F. Schroll has been a Portfolio Manager of Logan Capital since 2017. Prior to joining Logan Capital, Mr. Schroll was a Co-Managing Member and Portfolio Manager of Waterloo Partners LP for seventeen years. Mr. Schroll holds a BBA and an MA in finance, both of which he received from the University of Iowa.
Guy Judkowski
Start Date
Tenure
Tenure Rank
Sep 28, 2012
7.93
7.9%
Guy Judkowski has been a Portfolio Manager of Logan Capital since 2017. Prior to joining Logan Capital, Mr. Judkowski was a co-managing member and portfolio manger of Waterloo Partners LP since 2000. Mr. Judkowski earned a Bachelor of Arts in International Relations from the University of Pennsylvania in December 1988 and a Juris Doctorate/Masters of Business Administration from Temple University in December 1992.
Stephen Lee
Start Date
Tenure
Tenure Rank
Sep 28, 2012
7.93
7.9%
Stephen is a founder, portfolio manager and a member of the growth equity investment team for the firm. A graduate of Lehigh University with a B.S. in accounting. Before founding Logan Capital with his partners in 1993, Stephen was previously employed at Mercer Capital Management and Merrill Lynch. His involvement in the community includes serving on several Investment Committees and Foundation Boards. He is also a trustee of The Gladwyne Montessori School.
Richard Buchwald
Start Date
Tenure
Tenure Rank
Sep 28, 2012
7.93
7.9%
Richard is a Managing Director and Portfolio Manager of Logan Capital. Mr. Buchwald is a co-developer and manager of the proprietary Logan Concentrated Value equity product and has been with Logan Capital since 2000. A shareholder of Logan Capital, Rich was formerly Managing Director of Berwind Investment Management, L.P. In addition, he was a Vice President with CoreStates Investment Banking and prior to that he worked in the research department at Kidder Peabody & Company. Rich has an MBA degree from the New York University Graduate School of Business Administration and a BS in Economics from The Wharton School of The University of Pennsylvania.
Al Besse
Start Date
Tenure
Tenure Rank
Sep 28, 2012
7.93
7.9%
Al is a founder and portfolio manager for the firm, and serves as Logan Capital’s President. As a member of the growth equity investment team he is responsible for the firm’s technical analysis effort. Prior to joining Logan Capital, Al was a Vice President at First Fidelity Bank serving as co-manager of the Charitable Equity Fund. During his decade at the bank, he played a key role in the formation and development of First Fidelity’s $2 billion Institutional Funds Management Group. In 1991 he was named as the bank’s Institutional Investment Professional of the Year. Al is a graduate of Haverford College (BA) and The Wharton School of the University of Pennsylvania (MBA).
Dana Stewardson
Start Date
Tenure
Tenure Rank
Sep 28, 2012
7.93
7.9%
Dana is a founder, portfolio manager and a member of the growth equity investment team for the firm. He has been in the investment business for twenty nine years. Prior to co-founding Logan Capital, he was a portfolio manager with Mercer Capital Management, Edward C. Rorer & Co. and Kidder, Peabody & Co. He serves on the board of The Harriton Association, Bryn Mawr, the Advisory Board of The Wyck Association, Philadelphia, is a former Parent Director of Trinity College and a past Chair of the Parents Council of The University of Pennsylvania. Dana is a graduate of Ohio Wesleyan University (BA) and is a member of The Financial Analysts of Philadelphia.
William Fitzpatrick
Start Date
Tenure
Tenure Rank
Dec 31, 2019
0.67
0.7%
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 21.8 | 5.6 | 6.18 |