NWXLX Fees and Costs — Nationwide Amundi Global High Yield Fund, Service Class
Data updated: 2024-01-10
The net expense ratio is 0.95%: a 0.64% management fee plus 0.50% other expenses, less a 0.19% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 48%.
NWXLX Fees and Expenses
Annual operating expenses and sales charges of NWXLX. Prospectus, as of February 28, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.64% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.50% |
| Gross expense ratio | 1.14% |
| Fee waiver | −0.19% |
| Net expense ratio | 0.95% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
NWXLX Costs Over Time
On $10,000 invested in NWXLX, assuming 5% a year before costs, total costs come to $595 over 5 years, cutting the return by 1.00% 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 0.95%) | $100 | $311 | $540 |
| Lost growth on money paid in costs | $0 | $15 | $55 |
| Total costs | $100 | $327 | $595 |
| Value after costs | $10,400 | $11,249 | $12,168 |
| Impact on return, per year | 1.00% | 1.00% | 1.00% |
NWXLX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $34.4M
- Portfolio turnover (prospectus): 48%
- Securities on loan, average value: $2.7M
- Net income from securities lending: $12K (0.026% of average net assets)
NWXLX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $5.1M | 17.54% |
| Barclays Capital, Inc. | $4.6M | 15.61% |
| J.P. Morgan Securities LLC | $4.4M | 15.21% |
| Goldman Sachs & Co. LLC | $3.6M | 12.19% |
| Citigroup Global Markets Inc. | $2.8M | 9.69% |
| Jefferies LLC | $2.6M | 8.83% |
| HSBC Securities (USA) Inc. | $2.1M | 7.20% |
| Deutsche Bank Securities Inc. | $1.7M | 5.71% |
| Morgan Stanley & Co. LLC | $1.4M | 4.79% |
| Jane Street Capital, LLC | $950K | 3.25% |
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.