NWAMX Fees and Costs — Nationwide BNY Mellon Dynamic U.S. Equity Income Fund, Class K
Data updated: 2026-09-18
The net expense ratio is 0.70%: a 0.60% management fee, a 0.10% 12b-1 fee plus 0.09% other expenses, less a 0.09% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $310K in broker commissions, 0.0463% of average net assets, and portfolio turnover was 81%.
NWAMX Fees and Expenses
Annual operating expenses and sales charges of NWAMX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.10% |
| Other expenses | 0.09% |
| Gross expense ratio | 0.79% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.70% |
| 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 |
NWAMX Costs Over Time
On $10,000 invested in NWAMX, assuming 5% a year before costs, total costs come to $469 over 5 years, cutting the return by 0.78% 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 0.70%) | $74 | $230 | $400 |
| Trading costs (broker commissions) | $5 | $15 | $26 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $78 | $257 | $469 |
| Value after costs | $10,422 | $11,319 | $12,294 |
| Impact on return, per year | 0.78% | 0.78% | 0.78% |
NWAMX 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): 0.0463%
- Total broker commissions: $310K
- Bought from dealers (principal trades, not a cost): $110.8M
- Portfolio turnover (prospectus): 81%
- Securities on loan, average value: $25.3M
- Net income from securities lending: $26K (0.004% of average net assets)
NWAMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $48K | 22.16% |
| BofA Securities, Inc. | $25K | 11.46% |
| Cowen Execution Services LLC | $22K | 10.32% |
| Keefe, Bruyette & Woods, Inc. | $21K | 9.95% |
| Sanford C. Bernstein & Co., LLC | $19K | 8.60% |
| J.P. Morgan Securities LLC | $18K | 8.50% |
| Wells Fargo Securities, LLC | $18K | 8.45% |
| Leerink Partners LLC | $16K | 7.53% |
| Barclays Capital, Inc. | $14K | 6.61% |
| Stifel, Nicolaus & Company, Incorporated | $14K | 6.42% |
NWAMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Bank of Montreal | $55.4M | 49.97% |
| Citigroup Global Markets Inc. | $27.9M | 25.17% |
| Morgan Stanley & Co. LLC | $17.6M | 15.91% |
| BofA Securities, Inc. | $9.9M | 8.95% |
Nationwide BNY Mellon Dynamic U.S. Equity Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| NWANX | Class R6 | 0.60% | none |
| NWAMX | Class K | 0.70% | none |
| NWAPX | Eagle Class Shares | 0.70% | none |
| NWAOX | Service Class | 0.85% | none |
| NWALX | Class A | 1.10% | 5.75% |
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.