GMRIX Fees and Costs — Nationwide Small Cap Index Fund, Class R6
Data updated: 2026-09-18
The net expense ratio is 0.26%: a 0.19% management fee plus 0.12% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $47K in broker commissions, 0.0205% of average net assets, and portfolio turnover was 15%.
GMRIX Fees and Expenses
Annual operating expenses and sales charges of GMRIX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.19% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.12% |
| Gross expense ratio | 0.31% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.26% |
| 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 | Yes |
| Waived fees subject to recoupment | Yes |
GMRIX Costs Over Time
On $10,000 invested in GMRIX, assuming 5% a year before costs, total costs come to $178 over 5 years, cutting the return by 0.29% 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 0.26%) | $27 | $86 | $150 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $5 | $16 |
| Total costs | $29 | $97 | $178 |
| Value after costs | $10,471 | $11,479 | $12,585 |
| Impact on return, per year | 0.29% | 0.29% | 0.29% |
GMRIX 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)
GMRIX 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% |
GMRIX 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.