NWSXX Fees and Costs — Nationwide Government Money Market Fund, Service Class Shares
Data updated: 2026-02-19
The net expense ratio is 0.73%: a 0.30% management fee, a 0.15% 12b-1 fee plus 0.30% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees.
NWSXX Fees and Expenses
Annual operating expenses and sales charges of NWSXX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.15% |
| Other expenses | 0.30% |
| Gross expense ratio | 0.75% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.73% |
| Sales charges | |
|---|---|
| Max front load | — |
| 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 |
NWSXX Costs Over Time
On $10,000 invested in NWSXX, assuming 5% a year before costs, total costs come to $459 over 5 years, cutting the return by 0.77% 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 0.73%) | $77 | $240 | $417 |
| Lost growth on money paid in costs | $0 | $12 | $42 |
| Total costs | $77 | $252 | $459 |
| Value after costs | $10,423 | $11,325 | $12,304 |
| Impact on return, per year | 0.77% | 0.77% | 0.77% |
NWSXX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $64.7B
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
NWSXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $17.9B | 27.71% |
| CIBC World Markets Corp. | $16.9B | 26.15% |
| SANTANDER INVESTMENT S.A. | $16.5B | 25.49% |
| MUFG Securities Americas Inc. | $12.6B | 19.50% |
| BofA Securities, Inc. | $611.3M | 0.95% |
| Nomura Securities International, Inc. | $42.1M | 0.07% |
| Deutsche Bank Securities Inc. | $29.6M | 0.05% |
| Barclays Capital, Inc. | $29.1M | 0.04% |
| Mischler Financial Group, Inc. | $19.2M | 0.03% |
| CastleOak Securities, L.P. | $15.8M | 0.02% |
Nationwide Government Money Market Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GMIXX | Class R6 | 0.43% | — |
| MIFXX | Investor Shares | 0.53% | — |
| NWSXX | Service Class Shares | 0.73% | — |
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.