NWHEX Fees and Costs — Nationwide Bailard Cognitive Value Fund, Class C
Data updated: 2026-09-18
The net expense ratio is 2.22%: a 0.75% management fee, a 1.00% 12b-1 fee plus 0.46% other expenses. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $674K in broker commissions, 0.6488% of average net assets, and portfolio turnover was 405%.
NWHEX Fees and Expenses
Annual operating expenses and sales charges of NWHEX. Prospectus, as of February 28, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.46% |
| Gross expense ratio | 2.22% |
| Fee waiver | — |
| Net expense ratio | 2.22% |
| 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 | No |
| Waived fees subject to recoupment | No |
NWHEX Costs Over Time
On $10,000 invested in NWHEX, assuming 5% a year before costs, total costs come to $1,729 over 5 years, cutting the return by 3.01% 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 | $102 | $0 | $0 |
| Fund expenses (net expense ratio 2.22%) | $233 | $713 | $1,213 |
| Trading costs (broker commissions) | $68 | $208 | $354 |
| Lost growth on money paid in costs | $0 | $46 | $161 |
| Total costs | $403 | $968 | $1,729 |
| Value after costs | $10,097 | $10,608 | $11,034 |
| Impact on return, per year | 4.03% | 3.01% | 3.01% |
NWHEX 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): 0.6488%
- Total broker commissions: $674K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 405%
- Securities on loan, average value: $7.6M
- Net income from securities lending: $20K (0.020% of average net assets)
NWHEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $308K | 48.03% |
| BofA Securities, Inc. | $80K | 12.43% |
| UBS Securities LLC | $46K | 7.22% |
| Wells Fargo Securities, LLC | $45K | 7.03% |
| Morgan Stanley & Co. LLC | $39K | 6.07% |
| Raymond James & Associates, Inc. | $32K | 5.00% |
| Piper Sandler & Co. | $29K | 4.51% |
| Liquidnet, Inc. | $27K | 4.27% |
| Evercore Group L.L.C. | $21K | 3.29% |
| RBC Capital Markets, LLC | $14K | 2.14% |
Nationwide Bailard Cognitive Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| NWHFX | Class M | 0.73% | none |
| NWHGX | Class R6 | 0.73% | none |
| NWHHX | Service Class | 0.98% | none |
| NWHDX | Class A | 1.23% | 5.75% |
| NWHEX | Class C | 2.22% | 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.