NVIT Multi-Manager Large Cap Value Fund
Data updated: 2020-08-24
C000060394 — NVIT Multi-Manager Large Cap Value Fund. United States Large Cap Value Equity · $105.27M AUM. Holdings, fees, performance and SEC filings.
C000060394 Fund Overview
NVIT Multi-Manager Large Cap Value Fund is a US mutual fund managed by Nationwide Variable Insurance Trust, categorised as United States Large 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 Large Cap Value Equity
- Assets under management: $105.27M
- 1-year return: -8.5%
- SEC CIK: 0000353905
- SEC series ID: S000021212
- Share class ID: C000060394
C000060394 Investment Objective and Strategy
NVIT Multi-Manager Large 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 Multi-Manager Large Cap Value Fund seeks long-term capital growth.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of its net assets in equity securities issued by large-cap companies. The Fund employs a value style of investing, which means investing in equity securities that the Funds subadvisers believe to be trading at prices that do not reflect a companys intrinsic value. Companies issuing such securities may be currently out of favor, undervalued due to market declines, or experiencing poor operating conditions that a subadviser believes to be temporary. The Fund may invest in stocks of large-cap companies that are located outside the United States. The Fund generally considers selling a security when it reaches a target price, fails to perform as expected, or when other opportunities appear more attractive. The Fund consists of three portions managed by different subadvisers acting independently with respect to the assets of the Fund they manage.
NFA is the Funds investment adviser and, subject to the approval of the Board of Trustees of Nationwide Variable Insurance Trust (the Trust), selects the Funds subadvisers and monitors their performance on an ongoing basis. NFA also determines the amount of Fund assets to allocate to each subadviser. NFA has chosen the Funds current subadvisers because they approach investing in large-cap stocks in a different manner from each other. For example, as of the date of this Prospectus, one subadviser takes an active bottom-up approach to buying and selling investments primarily based on blending fundamental and quantitative research, another subadviser uses a contrarian approach to invest in companies whose current fundamentals and stock prices are depressed relative to their long-term expectations and the third subadviser uses a bottom-up approach to stock selection based on fundamental research and historic valuations.
In allocating assets between the subadvisers, NFA seeks to increase diversification among securities and investment styles in order to potentially increase the possibility for investment return and reduce risk and volatility.
C000060394 Holdings
Top 10 holdings of NVIT Multi-Manager Large Cap Value Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Citigroup, Inc. | 2.67% |
| Bank of America Corp. | 2.36% |
| Comcast Corp. | 2.11% |
| Berkshire Hathaway, Inc. | 2.00% |
| JPMorgan Chase & Co. | 1.95% |
| Medtronic plc | 1.72% |
| Philip Morris International, Inc. | 1.54% |
| Intel Corp. | 1.50% |
| AT&T, Inc. | 1.50% |
| MetLife, Inc. | 1.47% |
C000060394 Portfolio Allocation
Asset-class allocation of NVIT Multi-Manager Large Cap Value Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.0% |
| Cash & Equivalents | 2.2% |
| Other | 0.1% |
C000060394 Performance
Total returns for C000060394 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -8.5% |
C000060394 Risk Information
Risk metrics for C000060394, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 25.5%
C000060394 Costs and Fees
C000060394 costs about $102 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.02%
- Gross expense ratio: 1.19%
- Portfolio turnover: 59%
- Brokerage commissions: 6.46 bps of average net assets (SEC N-CEN)
C000060394 Cashflows
Over the 12 months to 2020-06, NVIT Multi-Manager Large Cap Value Fund had net outflows of $1.56B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-06 | −$773.47K |
| 2020-05 | −$274.94K |
| 2020-04 | $1.49M |
| 2020-03 | −$2.48M |
| 2020-02 | −$7.58M |
| 2020-01 | −$818 |
C000060394 Debt Constituents
No individual debt constituents are reported in NVIT Multi-Manager Large Cap Value Fund's latest SEC N-PORT filing.
C000060394 Prospectus and SEC Filings
Official NVIT Multi-Manager Large Cap Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-07-21
- Prospectus (485BPOS) — filed 2020-05-12
- Prospectus supplement (497) — filed 2019-09-30
- Portfolio holdings (N-PORT) — filed 2020-08-24
- Portfolio holdings (N-PORT) — filed 2020-05-21
- Portfolio holdings (N-PORT) — filed 2020-02-21
- Annual census (N-CEN) — filed 2020-03-12
- Annual census (N-CEN) — filed 2019-03-13
Related Funds
Other United States Large 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.