NWAYX Fees and Costs — Nationwide GQG US Quality Equity Fund, Eagle Class Shares
Data updated: 2026-09-18
The net expense ratio is 0.59%: a 0.45% management fee plus 0.23% other expenses, less a 0.09% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $76K in broker commissions, 0.0374% of average net assets, and portfolio turnover was 167%.
NWAYX Fees and Expenses
Annual operating expenses and sales charges of NWAYX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.23% |
| Gross expense ratio | 0.68% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.59% |
| 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 |
NWAYX Costs Over Time
On $10,000 invested in NWAYX, assuming 5% a year before costs, total costs come to $395 over 5 years, cutting the return by 0.66% 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 0.59%) | $62 | $194 | $338 |
| Trading costs (broker commissions) | $4 | $12 | $21 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $66 | $217 | $395 |
| Value after costs | $10,434 | $11,360 | $12,367 |
| Impact on return, per year | 0.66% | 0.66% | 0.66% |
NWAYX 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): 0.0374%
- Total broker commissions: $76K
- Bought from dealers (principal trades, not a cost): $1.1M
- Portfolio turnover (prospectus): 167%
- Securities on loan, average value: $7.7M
- Net income from securities lending: $17K (0.008% of average net assets)
NWAYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $15K | 23.46% |
| BofA Securities, Inc. | $12K | 18.24% |
| J.P. Morgan Securities LLC | $8K | 11.68% |
| Morgan Stanley & Co. LLC | $7K | 11.43% |
| Citigroup Global Markets Inc. | $5K | 8.45% |
| Jefferies LLC | $5K | 7.15% |
| Barclays Capital, Inc. | $5K | 6.98% |
| HSBC Securities (USA) Inc. | $3K | 4.52% |
| BTIG, LLC | $3K | 4.23% |
| Cowen and Company | $3K | 3.85% |
NWAYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $713K | 65.38% |
| J.P. Morgan Securities LLC | $378K | 34.62% |
Nationwide GQG US Quality Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| NWAVX | Class R6 | 0.49% | none |
| NWAYX | Eagle Class Shares | 0.59% | none |
| NWAWX | Service Class | 0.74% | none |
| NWAUX | Class A | 0.89% | 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.