C000127598 Fees and Costs — Nationwide Ziegler Equity Income Fund, Class A
Data updated: 2020-09-23
The net expense ratio is 1.05%: a 0.53% management fee, a 0.25% 12b-1 fee plus 0.27% other expenses. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2019 the fund paid $50K in broker commissions, 0.0412% of average net assets, and portfolio turnover was 37%.
C000127598 Fees and Expenses
Annual operating expenses and sales charges of C000127598. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.53% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.27% |
| Gross expense ratio | 1.05% |
| Fee waiver | — |
| Net expense ratio | 1.05% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000127598 Costs Over Time
On $10,000 invested in C000127598, assuming 5% a year before costs, total costs come to $1,376 over 5 years, cutting the return by 2.37% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.05%) | $104 | $324 | $561 |
| Trading costs (broker commissions) | $4 | $13 | $22 |
| Lost growth on money paid in costs | $29 | $107 | $218 |
| Total costs | $712 | $1,019 | $1,376 |
| Value after costs | $9,788 | $10,557 | $11,387 |
| Impact on return, per year | 7.12% | 3.18% | 2.37% |
C000127598 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0412%
- Total broker commissions: $50K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 37%
- Securities on loan, average value: $3.1M
- Net income from securities lending: $6K (0.005% of average net assets)
C000127598 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| AXA Advisors LLC | $28K | 56.46% |
| MKM Partners LLC | $6K | 12.42% |
| Evercore Group LLC | $3K | 6.79% |
| Capital Institutional Services, Inc. | $3K | 6.21% |
| Nomura Securities International, Inc. | $2K | 4.89% |
| Credit Suisse Securities (USA) LLC | $2K | 4.63% |
| Fidelity Prime Financing | $2K | 4.22% |
| Oppenheimer & Co. Inc. | $2K | 3.94% |
| Stephens Inc. | $129 | 0.26% |
| MORGAN STANLEY & CO., INC. | $93 | 0.18% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.