NVIT Multi-Manager Small Cap Value Fund
Data updated: 2026-08-26
C000014739 — NVIT Multi-Manager Small Cap Value Fund. United States Small Cap Value Equity · $222.59M AUM. Holdings, fees, performance and SEC filings.
C000014739 Fund Overview
NVIT Multi-Manager Small Cap Value Fund is a US mutual fund managed by Nationwide Variable Insurance Trust, categorised as United States Small Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Nationwide Variable Insurance Trust
- Category: United States Small Cap Value Equity
- Assets under management: $222.59M
- 1-year return: 28.7%
- SEC CIK: 0000353905
- SEC series ID: S000005418
- Share class ID: C000014739
C000014739 Investment Objective and Strategy
NVIT Multi-Manager Small Cap Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Nationwide Variable Insurance Trust.
Investment objective
The NVIT Small Cap Value Fund seeks capital appreciation.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of its net assets in equity securities (primarily common stocks) issued by small-cap companies. For these purposes, small-cap companies are those with market capitalizations within the range of the Russell 2000 Index. The Fund invests primarily in value stocks, which are stocks that may be trading at prices that do not reflect a companys intrinsic value, based on such factors as a companys stock price relative to its book value, earnings and cash flow. The Fund may invest in real estate securities, including real estate investment trusts (REITs), and may invest up to 20% of its total assets in equity securities of foreign companies. The subadviser invests in stocks using a dynamic, multidimensional investment process that combines human insight and intuition, finance and behavioral theory, and quantitative and statistical techniques.
The subadvisers security evaluation process focuses on modeling a large number of stocks and proprietary factors, using financial statements, security analyst forecasts, corporate management signals, economic releases, and security prices. This investment approach is intended to seek diversification across market inefficiencies, securities, industries, and sectors, while managing known risk exposures relative to the Russell 2000 Value Index. The range of models is designed to allow the portfolio to be diversified across exposures to numerous potential opportunities. Nevertheless, the Fund may invest in any economic sector and, at times, emphasize one or more particular industries or sectors. The subadviser generally considers selling a stock when the return prediction generated by its models, adjusted for risk and expected transaction costs, is notably surpassed by another stocks return prediction.
Partial sales may occur when the subadvisers investment process determines that these transactions could benefit portfolio performance or when, as a result of market action, a position has grown to a size that impinges on portfolio risk or liquidity limitations. Sales may also occur under special circumstances; for example, if a company agrees to be acquired, and trades as a merger arbitrage situation, its stock may be sold. Sales can be triggered when necessary valuation data are no longer available; for example, if all security analysts drop coverage of a stock, the position may be sold. Also, a position may be trimmed or closed as a result of the subadviser's compliance monitoring process if, for example, a security or sector weight exceeds a relevant guideline.
C000014739 Holdings
Top 10 holdings of NVIT Multi-Manager Small Cap Value Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Sphere Entertainment Co. | 2.26% |
| Bread Financial Holdings, Inc. | 1.99% |
| Cf Secured LLC | 1.97% |
| ArcBest Corp. | 1.83% |
| Bnp Paribas | 1.80% |
| First Bancorp | 1.70% |
| BankUnited, Inc. | 1.65% |
| 10X Genomics, Inc. | 1.63% |
| Southwest Gas Holdings, Inc. | 1.59% |
| Callaway Golf Co. | 1.53% |
C000014739 Portfolio Allocation
Asset-class allocation of NVIT Multi-Manager Small Cap Value Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.0% |
| Cash & Equivalents | 4.7% |
C000014739 Performance
Total returns for C000014739 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 19.3% |
| 1 year | 28.7% |
| 3 years (annualised) | 12.9% |
| 5 years (annualised) | 7.1% |
C000014739 Risk Information
Risk metrics for C000014739, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 16.6%
C000014739 Costs and Fees
C000014739 costs about $106 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.06%
- Gross expense ratio: 1.11%
- Portfolio turnover: 63%
- Brokerage commissions: 3.62 bps of average net assets (SEC N-CEN)
C000014739 Cashflows
Over the 12 months to 2026-06, NVIT Multi-Manager Small Cap Value Fund had net outflows of $1.18M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$1.62M |
| 2026-05 | −$1.05M |
| 2026-04 | −$1.31M |
| 2026-03 | −$1.23M |
| 2026-02 | −$6.62M |
| 2026-01 | $1.70M |
C000014739 Debt Constituents
No individual debt constituents are reported in NVIT Multi-Manager Small Cap Value Fund's latest SEC N-PORT filing.
C000014739 Prospectus and SEC Filings
Official NVIT Multi-Manager Small Cap Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-16
- Prospectus (485BPOS) — filed 2025-04-17
- Prospectus (485BPOS) — filed 2024-04-18
- Portfolio holdings (N-PORT) — filed 2026-08-26
- Portfolio holdings (N-PORT) — filed 2026-05-18
- Portfolio holdings (N-PORT) — filed 2026-02-23
- Annual census (N-CEN) — filed 2026-03-09
- Annual census (N-CEN) — filed 2025-03-05
Related Funds
Other United States Small Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.