Fund Facts  

Inception Date: Dec 29, 1999
CUSIP: 63867U780
Ticker Symbol: GMXIX
Morningstar Category:Mid-Cap Blend
As of Sep 30, 2017
Fund Net Assets ($millions) $1,249

Documents for Fund or Underlying Fund(s)  

Description

Objective  

The investment seeks to match the performance of the Standard & Poor's MidCap 400� Index as closely as possible before the deduction of fund expenses.

Principal Investment Strategies  

The fund normally invests at least 80% of its net assets in equity securities of companies included in the S&P MidCap 400� Index. The S&P MidCap 400� Index includes approximately 400 stocks of mid-cap U.S. companies in a wide range of businesses. The adviser employs a "passive" management, or indexing, approach, which seeks to match approximately the performance of the S&P MidCap 400� Index before the deduction of fund expenses.

Principal Investment Risks  

There is no guarantee that the Fund will achieve its investment objective. You may lose money by investing in the Fund. Please see the Fund’s prospectus or other disclosure documents for information about the Fund’s risks.

 

Performance & Expenses

Standard Performance As of Sep 30, 2017
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
Nationwide Mid Cap Market Idxa3.18%9.13%17.17%10.90%14.16%8.67%9.42%
S&P MidCap 400 Indexa,b3.22%9.40%17.52%11.18%14.43%9.00%N/A
Morningstar Mid-Cap Blenda,c3.57%9.92%15.93%8.00%12.86%6.86%N/A

Fund past performance, as shown, is no guarantee of how the Fund will perform in the future. The performance shown has been annualized for periods greater than one year. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. For current performance, visit www.icmarc.org.

Fund Expensesa,d
Gross Expenses0.28%
Net Expenses0.27%

 

a. Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2017 All rights reserved. This information: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar and/or its content providers are responsible for any damages or losses arising from any use of information. Morningstar is a registered trademark of Morningstar, Inc.

b. The S&P MidCap 400 Index includes approximately 10% of the capitalization of U.S. equity securities. These are comprised of stocks in the middle capitalization range. Any midcap stocks already included in the S&P 500 are excluded from this index, which started on December 31, 1990.

c. The Morningstar category represents the average return for a category of funds with similar investment objectives and strategies. The average is calculated and funds are assigned to a category by Morningstar.

d. Differences between the net expense ratio and gross expense ratio of a fund are typically due to fee waivers, expense reimbursements, expense limits, and/or the reimbursement of fees to the fund.

Distributions

Dividends and Capital Gains  
Record Date Ex/Payable Date Income/Capital Gains Paid Per Share
Sep 11, 2017Sep 11, 2017$0.030240000
Jun 9, 2017Jun 9, 2017$0.038800000
Mar 10, 2017Mar 10, 2017$0.019930000
Dec 16, 2016Dec 16, 2016$1.637280000
Sep 12, 2016Sep 12, 2016$0.027630000
Jun 10, 2016Jun 10, 2016$0.045020000
Mar 11, 2016Mar 11, 2016$0.030770000
Dec 17, 2015Dec 17, 2015$2.159180000
Sep 10, 2015Sep 10, 2015$0.049720000
Jun 12, 2015Jun 12, 2015$0.052500000
Mar 13, 2015Mar 13, 2015$0.034970000
Dec 16, 2014Dec 16, 2014$1.438350000
Sep 16, 2014Sep 16, 2014$0.042200000
Jun 13, 2014Jun 13, 2014$0.026700000
Mar 14, 2014Mar 14, 2014$0.022200000
Feb 13, 2014Feb 13, 2014$0.009300000
Dec 18, 2013Dec 18, 2013$0.899600000
Sep 20, 2013Sep 20, 2013$0.035600000
 

Morningstar Information

Morningstar RatingTM   As of Sep 30, 2017
Period Stars Category Size
Overall 4 Stars354
3-Year 4 Stars354
5-Year 4 Stars321
10-Year 4 Stars215

The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange–traded funds, closed–end funds, and separate accounts) with at least a three–year history. Exchange–traded funds and open–ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk–Adjusted Return measure that accounts for variation in a managed product′s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three–, five–, and 10–year (if applicable) Morningstar Rating metrics. The weights are: 100% three–year rating for 36–59 months of total returns, 60% five–year rating⁄40% three–year rating for 60–119 months of total returns, and 50% 10–year rating⁄30% five–year rating⁄20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

Morningstar Stylebox As of Sep 30, 2017
Equity Stylebox
Medium Blend
Allocation of Assets As of Aug 31, 2017
Type of Asset Percent
Equity100%
Fixed Income0%
Cash/Other0%

Due to rounding, percentages shown may not add up to 100%.

 
 

Characteristics

Allocation of Assets As of Aug 31, 2017
Asset ClassPercent
Domestic Stock99.4%
Foreign Stock0.7%
Domestic Bond0.0%
Foreign Bond0.0%
Preferred0.0%
Convertible0.0%
Cash-0.1%
Other0.0%

Due to rounding, percentages shown may not add up to 100%.

 
Equity Sector As of Aug 31, 2017
SectorPercent
Technology16.6%
Financial Services16.1%
Industrials16.0%
Consumer Cyclical12.4%
Real Estate9.5%
Healthcare8.2%
Basic Materials6.1%
Utilities5.1%
Energy4.1%
Consumer Defensive4.1%
Communication Services0.6%

Exposure reflects equity securities only and will sum to the equity exposure of the fund.

 
Top Ten Holdings As of Aug 31, 2017
Holding NamePercent
E-mini S&P 400 Sept171.4%
Cadence Design Systems Inc0.7%
MSCI Inc0.6%
Take-Two Interactive Software Inc0.6%
Huntington Ingalls Industries Inc0.6%
Trimble Inc0.6%
Teleflex Inc0.6%
Cognex Corp0.6%
NVR Inc0.6%
CDK Global Inc0.6%
 

Statistics

Portfolio Statistics As of Sep 30, 2017
Statistic3-Year5-Year
Beta1.001.00
Alpha-0.26-0.25
Standard Deviation11.0511.22
 
 

Footnotes

1.

Please read the fund's prospectus or disclosure materials carefully for a complete summary of all fees, expenses, investment objectives and strategies, risks, financial highlights, and performance information. Investing involves risk, including possible loss of the amount invested. Investors should carefully consider the information contained in the prospectus or disclosure materials before investing. To request a prospectus or disclosure materials, you may contact us by calling 800-669-7400, emailing investorservices@icmarc.org, or visiting www.icmarc.org.

The source for this information is Morningstar, Inc. Copyright © 2017 Morningstar, Inc.® All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc. is a global investment research firm that is not affiliated with ICMA-RC. ICMA-RC does not independently verify Morningstar data.

Morningstar places funds in certain categories based on the fund's historical portfolio holdings. Placement of a fund in a particular Morningstar category does not mean that the fund will remain in that category or that it will invest primarily in securities consistent with its Morningstar category. A fund's investment strategy and portfolio holdings are governed by its prospectus, guidelines or other governing documents, not its Morningstar category.