Nationwide Bny is trading at 34.73 as of the 26th of February 2025; that is 0.20% up since the beginning of the trading day. The fund's open price was 34.66. Nationwide Bny has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 27th of January 2025 and ending today, the 26th of February 2025. Click here to learn more.
The fund invests, under normal circumstances, at least 80 percent of its net assets in equity securities of U.S. issuers, primarily common stocks. Equity securities also may include preferred stocks, convertible securities and derivatives the value of which are linked to equity securities. More on Nationwide Bny Mellon
Nationwide Bny Mellon [NWALX] is traded in USA and was established 26th of February 2025. Nationwide Bny is listed under Nationwide category by Fama And French industry classification. The fund is listed under Large Value category and is part of Nationwide family. This fund now has accumulated 376.68 M in assets with no minimum investment requirementsNationwide Bny Mellon is currently producing year-to-date (YTD) return of 4.63% with the current yeild of 0.02%, while the total return for the last 3 years was 9.85%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Nationwide Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Nationwide Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Nationwide Bny Mellon Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Nationwide Bny Mellon Mutual Fund Constituents
Other Information on Investing in Nationwide Mutual Fund
Nationwide Bny financial ratios help investors to determine whether Nationwide Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nationwide with respect to the benefits of owning Nationwide Bny security.
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