NVIT Multi-Manager Large Cap Growth Fund
Data updated: 2026-08-26
C000059812 — NVIT Multi-Manager Large Cap Growth Fund. United States Large Cap Growth Equity · $560.15M AUM. Holdings, fees, performance and SEC filings.
C000059812 Fund Overview
NVIT Multi-Manager Large Cap Growth Fund is a US mutual fund managed by Nationwide Variable Insurance Trust, categorised as United States Large Cap Growth 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 Large Cap Growth Equity
- Assets under management: $560.15M
- 1-year return: 20.3%
- SEC CIK: 0000353905
- SEC series ID: S000021035
- Share class ID: C000059812
C000059812 Investment Objective and Strategy
NVIT Multi-Manager Large Cap Growth 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 Jacobs Levy Large Cap Growth Fund seeks long-term capital growth.
Principal investment strategy
The Fund takes long and short positions in large-capitalization companies (i.e., companies with market capitalizations that are similar to those included in the Russell 1000 Growth Index) using the subadviser's dynamic multidimensional investment process that combines human insight and intuition, finance and behavioral theory, and quantitative and statistical techniques. Approximately 30% of the Fund's net assets will be in short positions (i.e., stocks that the subadviser deems unattractive), and approximately 130% of the Fund's net assets will be in long positions (i.e., stocks that the subadviser deems attractive), resulting in approximately 100% net equity exposure. To execute this strategy, the Fund currently intends to gain its short equity exposure entirely through the use of swap contracts (e.g., total return swaps) and its long equity exposure, in an amount of approximately 100% of the Funds net assets, by investing directly in stocks and, in an amount approximating the amount of the Funds short exposure at the time, through the use of swaps.
This investment technique creates leverage, which will exaggerate increases or decreases in the value of the Fund's overall portfolio. There is a risk that the Fund will lose money on both its long positions and its short positions at the same time. Under normal circumstances, the Fund invests at least 80% of its net assets in equity securities issued by large-capitalization companies or derivatives the value of which are linked to equity securities issued by large-capitalization companies. For these purposes, equity securities represent an ownership interest in an issuer, and large capitalization companies are those with market capitalizations similar to those of companies included in the Russell 1000 Growth Index. The Fund employs a growth style of investing. In other words, the Fund seeks companies whose earnings are expected to grow faster than those of other companies.
In selecting stocks for either the Fund's long portfolio or short portfolio, the subadviser employs an evaluation process that 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 seeking to manage risk exposures relative to the Russell 1000 Growth Index. The range of models is designed to allow each 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 closing a position (either by selling a stock held long or closing a swap position) when its return prediction generated by the models, adjusted for risk and expected transaction costs, is notably surpassed on the positive side for a long position (or on the negative side for a short position) by another stock's return prediction.
The Fund may engage in active and frequent trading of portfolio securities.
C000059812 Holdings
Top 10 holdings of NVIT Multi-Manager Large Cap Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp. | 5.15% |
| Microsoft Corp. | 4.85% |
| Broadcom, Inc. | 3.34% |
| Lam Research Corp. | 3.29% |
| Alphabet, Inc. | 3.25% |
| KLA Corp. | 2.99% |
| Crowdstrike Holdings, Inc. | 2.24% |
| Amazon.com, Inc. | 2.05% |
| Fortinet, Inc. | 2.00% |
| Booking Holdings, Inc. | 1.97% |
C000059812 Portfolio Allocation
Asset-class allocation of NVIT Multi-Manager Large Cap Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 94.0% |
| Cash & Equivalents | 1.3% |
| Derivatives | 0.4% |
C000059812 Performance
Total returns for C000059812 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 11.4% |
| 1 year | 20.3% |
| 3 years (annualised) | 21.0% |
| 5 years (annualised) | 17.3% |
C000059812 Risk Information
Risk metrics for C000059812, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.8%
C000059812 Costs and Fees
C000059812 costs about $95 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.95%
- Gross expense ratio: 0.97%
- Portfolio turnover: 98%
- Brokerage commissions: 0.59 bps of average net assets (SEC N-CEN)
C000059812 Cashflows
Over the 12 months to 2026-06, NVIT Multi-Manager Large Cap Growth Fund had net inflows of $90.18M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $234.68K |
| 2026-05 | −$4.31M |
| 2026-04 | $9.86M |
| 2026-03 | −$1.31M |
| 2026-02 | −$6.25M |
| 2026-01 | −$15.32M |
C000059812 Debt Constituents
No individual debt constituents are reported in NVIT Multi-Manager Large Cap Growth Fund's latest SEC N-PORT filing.
C000059812 Prospectus and SEC Filings
Official NVIT Multi-Manager Large Cap Growth 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 Large Cap Growth 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.