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Morningstar

Nationwide Small Cap Index A GMRAX

Morningstar Medalist Rating
Medalist Rating as of | See Nationwide Investment Hub
  • NAV / 1-Day Return 9.85  /  0.92 %
  • Total Assets 210.8 Mil
  • Adj. Expense Ratio
    0.680%
  • Expense Ratio 0.680%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Small Blend
  • Investment Style Small Blend
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 0.92%
  • Turnover 17%

USD | NAV as of Sep 29, 2023 | 1-Day Return as of Sep 29, 2023, 12:04 AM GMT+0

Morningstar’s Analysis GMRAX

Will GMRAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GMRAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the GMRAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of GMRAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Nationwide Small Cap Index A's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings GMRAX

More GMRAX Holdings
  • Current Portfolio Date
  • Equity Holdings 1974
  • Bond Holdings 0
  • Other Holdings 10
  • % Assets in Top 10 Holdings 3.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Micro E-mini Russell 2000 Index Future Sept 23

0.54
1,208,812
—

Super Micro Computer Inc

0.53
1,199,624
Technology

CASH

0.42
954,139
Cash and Equivalents

Chart Industries Inc

0.32
716,541
Industrials

Matador Resources Co

0.30
680,673
Energy

ChampionX Corp

0.30
675,280
Energy

e.l.f. Beauty Inc

0.29
659,566
Consumer Defensive

Light & Wonder Inc Ordinary Shares

0.29
655,222
Consumer Cyclical

Simpson Manufacturing Co Inc

0.29
648,466
Basic Materials

Murphy Oil Corp

0.28
640,638
Energy