NWBFX — Nationwide International Small Cap Fund
Data updated: 2026-09-18
NWBFX — Nationwide International Small Cap Fund. Developed ex-US Small Cap Blend / Core Materials Equity. Holdings, fees, performance and SEC filings.
NWBFX Fund Overview
NWBFX — Nationwide International Small Cap Fund is a US mutual fund managed by Nationwide Mutual Funds, categorised as Developed ex-US Small Cap Blend / Core Materials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Nationwide Mutual Funds
- Category: Developed ex-US Small Cap Blend / Core Materials Equity
- Assets under management: $294.67M
- Ticker: NWBFX
- SEC CIK: 0001048702
- SEC series ID: S000055867
- Share class ID: C000279607
NWBFX Investment Objective and Strategy
Nationwide International Small Cap Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Nationwide Mutual Funds.
Investment objective
The Nationwide International Small Cap Fund seeks to provide long-term capital growth.
Principal investment strategy
Under normal circumstances, the Fund will invest at least 80% of its net assets in equity securities of companies with smaller market capitalizations at the time of purchase. Companies that are deemed to have smaller capitalizations are those with capitalizations within the range of companies included in the Morgan Stanley Capital International Europe, Australasia and Far East Small Cap Index (EAFE Small Cap Index). The subadviser makes market capitalization determinations at the time a security is purchased. In addition, under normal circumstances, the Fund will invest primarily in securities of non-U.S. companies. For these purposes, the subadviser considers an issuer to be a non-U.S. company if it maintains its principal place of business outside the United States, it generates more than 50% of its revenues from business outside the United States, or its common stock trades on an exchange outside the United States.
Some of the companies in which the Fund invests may be located in emerging market countries, which typically are developing and low- or middle-income countries. Emerging market countries may be found in regions such as Asia, Latin America, Eastern Europe, the Middle East and Africa. Many securities are denominated in currencies other than the U.S. dollar. The subadviser employs a bottom-up approach to selecting securities, emphasizing those that it believes to represent above-average potential for capital appreciation, based on fundamental research and analysis. The subadviser seeks to develop a portfolio that is broadly diversified across issuers, countries, industries and even styles. The Funds portfolio therefore will include stocks that are considered to be either growth stocks or value stocks.
Because the subadvisers process is driven primarily by individual stock selection, the overall portfolios yield, price-to-earnings ratio, price-to-book ratio, growth rate and other characteristics will vary over time and, at any given time, the Fund may emphasize either growth stocks or value stocks. The Funds subadviser may use derivatives, such as futures, forwards and swaps, to obtain efficient investment exposure as a substitute for taking a position in an underlying asset, to increase returns, or to hedge against international currency exposure or other risks.
NWBFX Holdings
Top 10 holdings of Nationwide International Small Cap Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Cf Secured LLC | 3.26% |
| Santander US Capital Markets LLC | 2.38% |
| Arcadis NV | 2.32% |
| iShares MSCI EAFE Small-Cap ETF | 2.09% |
| BAWAG Group AG | 1.73% |
| MISUMI Group, Inc. | 1.65% |
| Hammerson plc | 1.20% |
| Mebuki Financial Group, Inc. | 1.14% |
| Charter Hall Group | 1.10% |
| Hiscox Ltd. | 1.09% |
NWBFX Portfolio Allocation
Asset-class allocation of Nationwide International Small Cap Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 96.7% |
| Cash & Equivalents | 6.4% |
| Other | 2.1% |
NWBFX Performance
Total returns for NWBFX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 11.9% |
| 1 year | 26.1% |
| 3 years (annualised) | 16.6% |
| 5 years (annualised) | 6.0% |
NWBFX Risk Information
Risk metrics for NWBFX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 16.9%
NWBFX Costs and Fees
NWBFX costs about $99 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.99%
- Gross expense ratio: 1.07%
- Portfolio turnover: 133%
- Brokerage commissions: 15.61 bps of average net assets (SEC N-CEN)
NWBFX Cashflows
Over the 12 months to 2026-07, Nationwide International Small Cap Fund had net inflows of $46.92M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-07 | $2.01M |
| 2026-06 | −$4.79M |
| 2026-05 | $2.15M |
| 2026-04 | −$2.86M |
| 2026-03 | $6.48M |
| 2026-02 | $2.39M |
NWBFX Debt Constituents
No individual debt constituents are reported in Nationwide International Small Cap Fund's latest SEC N-PORT filing.
NWBFX Prospectus and SEC Filings
Official Nationwide International Small Cap Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-08-26
- Prospectus (485BPOS) — filed 2026-02-19
- Prospectus supplement (497) — filed 2026-06-11
- Portfolio holdings (N-PORT) — filed 2026-09-18
- Portfolio holdings (N-PORT) — filed 2026-06-23
- Portfolio holdings (N-PORT) — filed 2026-03-19
- Annual census (N-CEN) — filed 2026-01-12
- Annual census (N-CEN) — filed 2025-01-08
Related Funds
Other Developed ex-US Small Cap Blend / Core Materials Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.