Nationwide Diamond Hill Large Cap Concentrated Fund
Data updated: 2023-01-11
C000127640 — Nationwide Diamond Hill Large Cap Concentrated Fund. United States Large Cap Value Equity. Holdings, fees, performance and SEC filings.
C000127640 Fund Overview
Nationwide Diamond Hill Large Cap Concentrated Fund is a US mutual fund managed by Nationwide Mutual Funds, 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 Mutual Funds
- Category: United States Large Cap Value Equity
- Assets under management: $22.62M
- 1-year return: -10.9%
- SEC CIK: 0001048702
- SEC series ID: S000041108
- Share class ID: C000127640
C000127640 Investment Objective and Strategy
Nationwide Diamond Hill Large Cap Concentrated Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Nationwide Mutual Funds.
Investment objective
The Nationwide Diamond Hill Large Cap Concentrated Fund seeks long-term capital appreciation.
Principal investment strategy
The Fund invests primarily in common stocks of large-cap U.S. companies, utilizing a value style of investing. In other words, the Fund seeks companies that may 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 may be temporary. Under normal circumstances, the Fund will invest at least 80% of its net assets in equity securities of large-cap companies. The Fund currently considers large-cap companies as those with market capitalizations similar to those of companies included in the Russell 1000 Index. The Fund makes market capitalization determinations with respect to a security at the time of purchase of such security. The subadviser focuses on estimating a companys value independent of its current stock price.
To estimate a companys value, the subadviser concentrates on the fundamental economic drivers of the business. The primary focus is on bottom-up analysis, which takes into consideration earnings, revenue growth, operating margins and other economic factors. The subadviser also considers the level of industry competition, regulatory factors, the threat of technological obsolescence, and a variety of other industry factors. If the subadvisers estimate of a companys value differs sufficiently from the current market price, the company may be an attractive investment opportunity. In constructing a portfolio of securities, the subadviser is not constrained by the sector or industry weights in the Funds benchmark. The subadviser relies on individual stock selection and discipline in the investment process to add value and assigns the highest portfolio security weights to companies in which the subadviser has the highest level of conviction.
The Fund is classified as a non-diversified fund under the Investment Company Act of 1940, which means that a relatively high percentage of the Funds assets may be invested in a limited number of issuers. The subadviser may sell a security as it reaches the subadvisers estimate of the companys value; if it believes that the companys earnings, revenue growth, operating margin or other economic factors are deteriorating; or if it identifies a stock that it believes offers a better investment opportunity.
C000127640 Performance
Total returns for C000127640 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -10.9% |
| 3 years (annualised) | 7.7% |
C000127640 Risk Information
Risk metrics for C000127640, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 23.2%
C000127640 Costs and Fees
C000127640 costs about $96 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.96%
- Gross expense ratio: 1.79%
- Portfolio turnover: 34%
- Brokerage commissions: 2.00 bps of average net assets (SEC N-CEN)
C000127640 Cashflows
Over the 12 months to 2022-10, Nationwide Diamond Hill Large Cap Concentrated Fund had net inflows of $969.81K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-10 | −$132.16K |
| 2022-09 | −$135.27K |
| 2022-08 | −$224.83K |
| 2022-07 | −$89.38K |
| 2022-06 | −$190.36K |
| 2022-05 | −$35.91K |
C000127640 Debt Constituents
No individual debt constituents are reported in Nationwide Diamond Hill Large Cap Concentrated Fund's latest SEC N-PORT filing.
C000127640 Prospectus and SEC Filings
Official Nationwide Diamond Hill Large Cap Concentrated 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 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.