Fund Evaluator:

Nationwide Geneva Mid Cap Gr Instl Svc Overview

Nationwide Geneva Mid Cap Gr Instl Svc (NWHYX) is an actively managed U.S. Equity Mid-Cap Growth fund. Nationwide launched the fund in 2009.

The investment seeks long-term capital appreciation. The fund seeks to invest, under normal market conditions, in common stocks of publicly traded companies that the subadviser believes demonstrate, at the time of a stock's purchase, strong growth characteristics such as a leadership position in the relevant industry, a sustainable advantage, strong earnings growth potential and experienced management. It will invest at least 80% of its net assets in mid-cap growth companies.

About Nationwide Geneva Mid Cap Gr Instl Svc (NWHYX)

There are 2 members of the management team with an average tenure of 14.57 years: William Priebe (2006), José Muñoz (2017). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: Russell 1000 TR USD index with a weighting of 100% and Russell Mid Cap Growth TR USD index with a weighting of 100%. Nationwide Geneva Mid Cap Gr Instl Svc has 52 securities in its portfolio. The top 10 holdings constitute 38.9% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Nationwide Geneva Mid Cap Gr Instl Svc is part of the Equity global asset class and is within the U.S. Equity fund group. Nationwide Geneva Mid Cap Gr Instl Svc has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 95.2%. There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Nationwide Geneva Mid Cap Gr Instl Svc has 4.8% of the portfolio in cash.

Assets Under Management

The fund has $89 million in total assets, which is below the $658 million average for the Mid-Cap Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

NWHYX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Nationwide Geneva Mid Cap Gr Instl Svc expense ratio is high compared to funds in the Mid-Cap Growth category. Nationwide Geneva Mid Cap Gr Instl Svc has an expense ratio of 0.85%, which is 22% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Nationwide Geneva Mid Cap Gr Instl Svc has a portfolio turnover rate of 26%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 77% for the Mid-Cap Growth category.

Recently, in the month of July 2026, Nationwide Geneva Mid Cap Gr Instl Svc returned 0.7%, which earned it a grade of A, as the Mid-Cap Growth category had an average return of -5.5%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Nationwide Geneva Mid Cap Gr Instl Svc has a trailing yield of 0.00%, which is below the 0.03% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Nationwide Geneva Mid Cap Gr Instl Svc Grades

Year to date, the fund has returned -1.4%, 7.1 percentage points worse than the category, which translates into a grade of F. The fund has returned -6.7% over the past year (grade of F), 4.7% over the past three years (grade of F) and -0.1% per year over the past five years (grade of D) and 9.0% per year over the past 10 years (grade of F).

For more mutual fund grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.

Otherwise, for more information about Nationwide Geneva Mid Cap Gr Instl Svc, including its riskiness, submit your email to unlock the rest of the article.