GMIAX Fees and Costs — Nationwide Investor Destinations Moderately Aggressive Fund, Class R6
Data updated: 2026-09-18
The net expense ratio is 0.52%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $4K in broker commissions, 0.0004% of average net assets, and portfolio turnover was 34%.
GMIAX Fees and Expenses
Annual operating expenses and sales charges of GMIAX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.13% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.05% |
| Gross expense ratio | 0.52% |
| Fee waiver | — |
| Net expense ratio | 0.52% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
GMIAX Costs Over Time
On $10,000 invested in GMIAX, assuming 5% a year before costs, total costs come to $329 over 5 years, cutting the return by 0.55% 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 |
| Fund expenses (net expense ratio 0.52%) | $55 | $171 | $298 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $55 | $180 | $329 |
| Value after costs | $10,445 | $11,396 | $12,434 |
| Impact on return, per year | 0.55% | 0.55% | 0.55% |
GMIAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0004%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $32.7M
- Portfolio turnover (prospectus): 34%
- Securities on loan, average value: $6.7M
- Net income from securities lending: $11K (0.001% of average net assets)
GMIAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wallachbeth Capital LLC | $4K | 100.00% |
GMIAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jane Street Capital, LLC | $19.3M | 59.03% |
| Virtu Americas LLC | $4.2M | 12.86% |
| Goldman Sachs & Co. LLC | $3.4M | 10.34% |
| Jane Street Execution Services, LLC | $3.3M | 10.09% |
| J.P. Morgan Securities LLC | $2.2M | 6.73% |
| BofA Securities, Inc. | $308K | 0.94% |
Nationwide Investor Destinations Moderately Aggressive Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GMIAX | Class R6 | 0.52% | none |
| NWWIX | Service Class | 0.62% | none |
| NDMAX | Class A | 0.86% | 5.75% |
| NDMSX | Service Class Shares | 0.92% | none |
| GMARX | Class R | 1.16% | none |
| NDMCX | Class C | 1.54% | none |
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.