Nationwide U.S. Small Cap Value Fund
Data updated: 2023-01-11
C000056371 — Nationwide U.S. Small Cap Value Fund. United States Small Cap Value Equity · $36.24M AUM. Holdings, fees, performance and SEC filings.
C000056371 Fund Overview
Nationwide U.S. Small Cap Value Fund is a US mutual fund managed by Nationwide Mutual Funds, 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 Mutual Funds
- Category: United States Small Cap Value Equity
- Assets under management: $36.24M
- 1-year return: -9.6%
- SEC CIK: 0001048702
- SEC series ID: S000020093
- Share class ID: C000056371
C000056371 Investment Objective and Strategy
Nationwide U.S. Small Cap Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Nationwide Mutual Funds.
Investment objective
The Nationwide U.S. Small Cap Value Fund seeks long-term capital appreciation.
Principal investment strategy
The Fund is designed to capture the returns and diversification benefits associated with equity securities of a broad and diverse cross-section of small-cap companies in the United States. The subadviser uses a market capitalization-weighted approach to invest in companies that generally are smaller than the 500 th largest U.S. company. While the companies in which the Fund invests may vary in capitalization sizes under $11 billion, under normal circumstances, the Fund will: hold at least 80% of the value of its net assets in common stocks of U.S. companies that have market capitalizations similar to those of companies included in the Russell 2000 Index (a measure of the performance of small-cap stocks) and maintain an average portfolio market capitalization that is within the range of companies included in the Russell 2000 Value Index (a measure of the performance of small-cap stocks that meet the criteria for value investing).
In general, the higher the relative market capitalization of the eligible company, the greater its representation in the Funds portfolio. The Fund buys value stocks, which are stocks of companies that the subadviser has determined primarily to have high book values (i.e., values based on their respective assets minus their liabilities, as reflected on their balance sheets) in relation to the prices at which their stocks trade in the market. Companies issuing such securities may be currently out of favor, undervalued due to market declines, or experiencing poor operating conditions that may be temporary. While the Fund may sell securities that do not meet the subadvisers value criteria, the Fund is not required to sell a security even if a decline in the issuers market capitalization reflects a serious financial difficulty or potential or actual insolvency.
The Fund is designed for long-term investors with a focus on investment in the range of small-cap companies, as opposed to individual stock selection.
C000056371 Performance
Total returns for C000056371 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -9.6% |
| 3 years (annualised) | 8.9% |
C000056371 Risk Information
Risk metrics for C000056371, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 22.0%
C000056371 Costs and Fees
C000056371 costs about $129 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.29%
- Gross expense ratio: 1.29%
- Portfolio turnover: 115%
- Brokerage commissions: 3.24 bps of average net assets (SEC N-CEN)
C000056371 Cashflows
Over the 12 months to 2022-10, Nationwide U.S. Small Cap Value Fund had net outflows of $69.98M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-10 | −$498.32K |
| 2022-09 | $515.90K |
| 2022-08 | −$532.38K |
| 2022-07 | −$36.67K |
| 2022-06 | −$66.43M |
| 2022-05 | −$2.72M |
C000056371 Debt Constituents
No individual debt constituents are reported in Nationwide U.S. Small Cap Value Fund's latest SEC N-PORT filing.
C000056371 Prospectus and SEC Filings
Official Nationwide U.S. Small Cap Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-02-18
- Prospectus (485BPOS) — filed 2021-02-18
- Prospectus (485BPOS) — filed 2020-12-07
- Portfolio holdings (N-PORT) — filed 2022-12-27
- Portfolio holdings (N-PORT) — filed 2022-09-19
- Portfolio holdings (N-PORT) — filed 2022-06-22
- Annual census (N-CEN) — filed 2023-01-11
- Annual census (N-CEN) — filed 2022-01-10
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.