Fund Facts  

Inception Date: Dec 29, 1999
Ticker Symbol: GMXIX
Morningstar Category:Mid-Cap Blend
As of Sep 30, 2016
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. It 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, 2016
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
Nationwide Mid Cap Market Idxa4.10%12.23%15.05%9.09%16.23%8.80%8.97%
S&P MidCap 400 Indexa,b4.14%12.40%15.33%9.35%16.50%9.11%N/A
Morningstar Mid-Cap Blenda,c4.93%7.90%10.51%6.69%14.34%6.79%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 performance is shown comparing it to a "benchmark" which may be a (i) broad-based securities market index (ii) a group of mutual funds with similar investment objectives, or (iii) a short term government backed debt obligation such as a U.S. Treasury Bill. An index is not available for direct investment, is unmanaged, and does not reflect the costs of portfolio management or trading. A fund's portfolio may differ from the securities held in an index.

Annual Fund Operating Expenses
Total annual fund operating expensesa0.27%
Fee waiver and/or expense reimbursement0.01%
Total Expenses0.26%

A contractual expense waiver exists for this fund and will expire on 04-30-2017.

 

a. Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2016 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 Fund’s Morningstar Category Average is a group of funds with similar investment objectives and strategies and is the equal-weighted return of all funds per category. Morningstar places funds in certain categories based on a fund’s historical portfolio holdings.

Distributions

Dividends and Capital Gains  
Record Date Ex/Payable Date Income/Capital Gains Paid Per Share
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
Jun 21, 2013Jun 21, 2013$0.028800000
Mar 15, 2013Mar 15, 2013$0.031400000
Dec 19, 2012Dec 19, 2012$0.737800000
Sep 7, 2012Sep 7, 2012$0.028800000
 

Morningstar Information

Morningstar RatingTM   As of Sep 30, 2016
Period Stars Category Size
Overall 4 Stars383
3-Year 4 Stars383
5-Year 4 Stars335
10-Year 4 Stars228

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, fee waivers, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each 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 fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. For funds with loads, the Morningstar rating on a load-waived basis is provided, when available. Load-waived ratings do not include any front- or back-end sales loads and are intended for investors that have access to such purchase terms. Funds with loads are waived for plans administered by ICMA-RC. Past performance is no guarantee of future results.

Morningstar Stylebox As of Sep 30, 2016
Equity Stylebox
Medium Blend
Allocation of Assets As of Aug 31, 2016
Type of Asset Percent
Equity98%
Fixed Income0%
Cash/Other2%

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

 
 

Characteristics

Allocation of Assets As of Aug 31, 2016
Asset ClassPercent
Domestic Stock97.6%
Foreign Stock0.2%
Domestic Bond0.0%
Foreign Bond0.0%
Preferred0.0%
Convertible0.0%
Cash2.3%
Other0.0%

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

 
Equity Sector As of Aug 31, 2016
SectorPercent
Industrials16.3%
Technology15.2%
Financial Services13.7%
Consumer Cyclical13.1%
Real Estate11.3%
Healthcare8.7%
Basic Materials5.6%
Consumer Defensive4.7%
Utilities4.7%
Energy4.0%
Communication Services0.5%

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

 
Top Ten Holdings As of Aug 31, 2016
Holding NamePercent
Mettler-Toledo International Inc0.7%
IDEXX Laboratories Inc0.6%
Ingredion Inc0.6%
The WhiteWave Foods Co0.6%
Duke Realty Corp0.6%
ResMed Inc0.6%
CDK Global Inc0.6%
The Cooper Companies Inc0.6%
Synopsys Inc0.6%
Alexandria Real Estate Equities Inc0.5%
 

Statistics

Portfolio Statistics As of Sep 30, 2016
Statistic3-Year5-Year
Beta1.001.03
Alpha-0.55-0.85
Standard Deviation11.6712.80
 
 

Footnotes

1.

Please read the fund's prospectus 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 before investing. You may contact us to obtain a prospectus or to answer questions by calling 800-669-7400, emailing investorservices@icmarc.org, or visiting www.icmarc.org.

The source for this information is Morningstar, Inc. Copyright © 2016 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.