Nationwide BNY Mellon Dynamic U.S. Core Fund (MUIGX)
The fund seeks to provide investors with long-term growth of capital by outperforming the S&P 500 Index over a full market cycle while maintaining a similar level of market risk as the index. Equity securities that the fund buys primarily are common stocks of companies that are included in the S&P 500 Index. Under normal circumstances, it invests at least 80% of its net assets in securities of U.S. issuers or derivatives the value of which are linked to securities of U.S. issuers.
Fund Info
US63867R2581
Feb 14, 1961
$1,000,000
Large-Cap
Blend
Expense Ratio
MUIGX features an expense ratio of 0.50%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Nationwide BNY Mellon Dynamic U.S. Core Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Nationwide BNY Mellon Dynamic U.S. Core Fund had a return of 4.58% year-to-date (YTD) and 18.97% in the last 12 months. Over the past 10 years, Nationwide BNY Mellon Dynamic U.S. Core Fund had an annualized return of 4.94%, while the S&P 500 had an annualized return of 11.31%, indicating that Nationwide BNY Mellon Dynamic U.S. Core Fund did not perform as well as the benchmark.
MUIGX
4.58%
2.55%
4.90%
18.97%
10.20%
4.94%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of MUIGX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.79% | 4.58% | |||||||||||
| 2024 | 1.60% | 5.21% | 3.22% | -4.15% | 4.75% | 3.61% | 1.14% | 2.26% | 2.18% | -1.57% | 5.76% | -6.00% | 18.71% |
| 2023 | 5.76% | -2.34% | 3.46% | 1.33% | 0.33% | 6.38% | 3.09% | -1.72% | -5.31% | -2.42% | 9.35% | 4.77% | 23.92% |
| 2022 | -6.23% | -3.65% | 3.62% | -10.17% | -0.08% | -8.75% | 9.58% | -4.49% | -8.72% | 7.05% | 5.27% | -5.34% | -21.86% |
| 2021 | -1.65% | 2.18% | 4.34% | 6.15% | 0.67% | 2.85% | 2.95% | 3.35% | -5.81% | 8.26% | -0.73% | -2.06% | 21.58% |
| 2020 | 1.24% | -7.47% | -11.74% | 12.88% | 4.11% | 1.77% | 5.45% | 6.46% | -3.84% | -3.07% | 11.09% | 1.89% | 17.12% |
| 2019 | 8.99% | 3.12% | 3.14% | 3.89% | -5.76% | 7.98% | 1.40% | -0.49% | 1.83% | 2.24% | 3.81% | -3.47% | 28.99% |
| 2018 | 6.85% | -2.14% | -2.88% | 0.88% | 3.98% | 0.99% | 4.24% | 4.00% | 0.25% | -9.01% | 2.84% | -38.21% | -32.40% |
| 2017 | 3.38% | 3.55% | 0.79% | 2.35% | 2.13% | -0.75% | 2.52% | 1.88% | 1.31% | 3.82% | 2.53% | -8.17% | 15.77% |
| 2016 | -5.61% | -0.68% | 5.10% | -1.21% | 1.98% | -0.98% | 4.59% | -0.72% | 0.01% | -2.26% | 2.41% | -3.63% | -1.54% |
| 2015 | -0.37% | 6.28% | -0.47% | -0.96% | 1.85% | -1.07% | 3.68% | -7.18% | -2.69% | 8.05% | -0.17% | -5.38% | 0.53% |
| 2014 | -1.53% | 6.48% | -0.81% | -1.31% | 3.90% | 2.08% | -1.25% | 4.51% | -1.74% | 1.54% | 3.19% | -19.64% | -7.06% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MUIGX is 67, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Nationwide BNY Mellon Dynamic U.S. Core Fund (MUIGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Nationwide BNY Mellon Dynamic U.S. Core Fund provided a 1.20% dividend yield over the last twelve months, with an annual payout of $0.20 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.20 | $0.20 | $0.20 | $0.13 | $0.10 | $0.13 | $0.16 | $0.10 | $0.05 | $0.08 | $0.05 | $0.06 |
Dividend yield | 1.20% | 1.25% | 1.42% | 1.15% | 0.68% | 1.04% | 1.54% | 1.22% | 0.42% | 0.70% | 0.46% | 0.56% |
Monthly Dividends
The table displays the monthly dividend distributions for Nationwide BNY Mellon Dynamic U.S. Core Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 | $0.20 |
| 2023 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 | $0.20 |
| 2022 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.13 |
| 2021 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.10 |
| 2020 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.05 | $0.13 |
| 2019 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.16 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.10 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.05 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.08 |
| 2015 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.03 | $0.05 |
| 2014 | $0.06 | $0.06 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Nationwide BNY Mellon Dynamic U.S. Core Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Nationwide BNY Mellon Dynamic U.S. Core Fund was 78.19%, occurring on Oct 9, 2002. Recovery took 5565 trading sessions.
The current Nationwide BNY Mellon Dynamic U.S. Core Fund drawdown is 2.65%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -78.19% | Nov 26, 1999 | 720 | Oct 9, 2002 | 5565 | Dec 2, 2024 | 6285 |
| -40.3% | Aug 26, 1987 | 71 | Dec 4, 1987 | 1029 | Dec 30, 1991 | 1100 |
| -24.59% | Jul 20, 1998 | 58 | Oct 8, 1998 | 61 | Jan 6, 1999 | 119 |
| -20.63% | Oct 11, 1983 | 105 | Mar 9, 1984 | 247 | Mar 1, 1985 | 352 |
| -20.47% | Oct 8, 1997 | 65 | Jan 9, 1998 | 128 | Jul 15, 1998 | 193 |
Volatility
Volatility Chart
The current Nationwide BNY Mellon Dynamic U.S. Core Fund volatility is 3.20%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.