NVIT J.P. Morgan Large Cap Growth Fund
Data updated: 2026-08-26
C000234866 — NVIT J.P. Morgan Large Cap Growth Fund. United States Large Cap Growth Equity · $371.27M AUM. Holdings, fees, performance and SEC filings.
C000234866 Fund Overview
NVIT J.P. Morgan 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: $371.27M
- 1-year return: 15.5%
- SEC CIK: 0000353905
- SEC series ID: S000075639
- Share class ID: C000234866
C000234866 Investment Objective and Strategy
NVIT J.P. Morgan 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 J.P. Morgan Large Cap Growth Fund (the Fund) seeks long-term capital appreciation.
Principal investment strategy
The Fund invests in a portfolio of U.S. equity securities using a growth style of investing. Growth stocks are those that have above-average rates of earnings growth and thus may experience above-average increases in stock prices. Under normal circumstances, the Fund invests at least 80% of its net assets in securities of large-cap companies, which are those with market capitalizations within the range of the Russell 1000 Growth Index at the time of purchase. Most securities held by the Fund are issued by U.S. companies, although the Fund also may invest in securities of foreign companies. Securities of some foreign companies may be denominated in currencies other than the U.S. dollar. In managing the Fund, the subadviser uses a research-driven fundamental process and a bottom-up approach to identify stocks of companies with positive price momentum and attractive fundamentals.
The subadviser seeks structural disconnects that allow businesses to exceed market expectations. These disconnects may result from demographic and/or cultural changes; technological advancements; and/or regulatory changes. Companies in which the Fund invests may come from any industry or sector, and at times the Fund may increase the relative emphasis of its investments in a particular industry or sector. Derivatives, which are instruments that have a value based on another instrument, exchange rate or index, may be used as substitutes for securities in which the Fund may invest or to manage foreign currency risk. To the extent the Fund uses derivatives, the Fund will primarily use futures contracts to more effectively gain targeted equity exposure from its cash positions. The Fund also may use foreign currency contracts, such as futures and forwards, to manage foreign currency risk.
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 Funds subadviser may sell a security for several reasons. A security may be sold due to a change in the original investment thesis, if market expectations exceed the companys potential to deliver and/or due to balance sheet deterioration. Investments may also be sold if the subadviser identifies a stock that it believes offers a better investment opportunity.
C000234866 Holdings
Top 10 holdings of NVIT J.P. Morgan Large Cap Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp. | 10.19% |
| Alphabet, Inc. | 9.78% |
| Apple, Inc. | 5.46% |
| Micron Technology, Inc. | 4.12% |
| Broadcom, Inc. | 3.63% |
| Advanced Micro Devices, Inc. | 3.58% |
| Tesla, Inc. | 2.80% |
| Lam Research Corp. | 2.60% |
| Applied Materials, Inc. | 2.60% |
| GE Vernova, Inc. | 2.45% |
C000234866 Portfolio Allocation
Asset-class allocation of NVIT J.P. Morgan Large Cap Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.8% |
C000234866 Performance
Total returns for C000234866 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 7.6% |
| 1 year | 15.5% |
| 3 years (annualised) | 21.4% |
C000234866 Risk Information
Risk metrics for C000234866, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.1%
C000234866 Costs and Fees
C000234866 costs about $44 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.44%
- Gross expense ratio: 0.82%
- Portfolio turnover: 45%
- Brokerage commissions: 3.33 bps of average net assets (SEC N-CEN)
C000234866 Cashflows
Over the 12 months to 2026-06, NVIT J.P. Morgan Large Cap Growth Fund had net inflows of $315.05M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$344.22K |
| 2026-05 | −$2.18M |
| 2026-04 | $2.62K |
| 2026-03 | −$1.95M |
| 2026-02 | −$3.58M |
| 2026-01 | −$593.09K |
C000234866 Debt Constituents
No individual debt constituents are reported in NVIT J.P. Morgan Large Cap Growth Fund's latest SEC N-PORT filing.
C000234866 Prospectus and SEC Filings
Official NVIT J.P. Morgan 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 supplement (497) — filed 2024-12-12
- 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.