GMRCX Fees and Costs — Nationwide Small Cap Index Fund, Class C
Data updated: 2026-09-18
The net expense ratio is 1.38%: a 0.19% management fee, a 1.00% 12b-1 fee plus 0.28% other expenses, less a 0.09% fee waiver. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $47K in broker commissions, 0.0205% of average net assets, and portfolio turnover was 15%.
GMRCX Fees and Expenses
Annual operating expenses and sales charges of GMRCX. Prospectus, as of February 28, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.19% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.28% |
| Gross expense ratio | 1.47% |
| Fee waiver | −0.09% |
| Net expense ratio | 1.38% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
GMRCX Costs Over Time
On $10,000 invested in GMRCX, assuming 5% a year before costs, total costs come to $869 over 5 years, cutting the return by 1.47% 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 | $104 | $0 | $0 |
| Fund expenses (net expense ratio 1.38%) | $145 | $450 | $777 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $23 | $80 |
| Total costs | $251 | $480 | $869 |
| Value after costs | $10,249 | $11,097 | $11,894 |
| Impact on return, per year | 2.51% | 1.47% | 1.47% |
GMRCX 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): 0.0205%
- Total broker commissions: $47K
- Bought from dealers (principal trades, not a cost): $3K
- Portfolio turnover (prospectus): 15%
- Securities on loan, average value: $43.9M
- Net income from securities lending: $217K (0.094% of average net assets)
GMRCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $9K | 22.01% |
| Citigroup Global Markets Inc. | $6K | 14.98% |
| J.P. Morgan Securities LLC | $5K | 13.73% |
| BofA Securities, Inc. | $5K | 12.26% |
| Morgan Stanley & Co. LLC | $4K | 10.17% |
| Jefferies LLC | $3K | 7.50% |
| Barclays Capital, Inc. | $2K | 6.18% |
| UBS Securities LLC | $2K | 5.78% |
| RBC Capital Markets, LLC | $2K | 3.92% |
| Cantor Fitzgerald & Co. | $1K | 3.46% |
GMRCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $1K | 37.39% |
| Barclays Capital, Inc. | $456 | 14.54% |
| UBS Securities LLC | $368 | 11.74% |
| BNP Paribas Securities Corp. | $336 | 10.71% |
| Virtu Americas LLC | $269 | 8.57% |
| Citadel Securities LLC | $190 | 6.06% |
| BofA Securities, Inc. | $175 | 5.58% |
| Morgan Stanley & Co. LLC | $170 | 5.41% |
Nationwide Small Cap Index Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GMRIX | Class R6 | 0.26% | none |
| NWXRX | Service Class | 0.51% | none |
| GMRAX | Class A | 0.67% | 5.75% |
| GMSRX | Class R | 1.01% | none |
| GMRCX | Class C | 1.38% | 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.