Fund Evaluator:
Nationwide Loomis All Cap Gr A (NWZLX)
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Best Performing in Large Growth Over the Last Year
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Fund Details
Nationwide Loomis All Cap Gr A Overview
Nationwide Loomis All Cap Gr A (NWZLX) is an actively managed U.S. Equity Large Growth fund. Nationwide launched the fund in 2017.
The investment seeks to provide long-term capital growth. Under normal circumstances, the fund invests in equity securities, primarily common stocks, issued by companies of any size. It normally invests across a wide range of sectors and industries, using a growth style of equity management that emphasizes companies with sustainable competitive advantages versus others, long-term structural growth drivers that the subadviser believes will lead to above-average future cash flow growth, attractive cash flow returns on invested capital, and management teams focused on creating long-term value for shareholders.
About Nationwide Loomis All Cap Gr A (NWZLX)
There are 1 members of the management team with an average tenure of 9.17 years: Aziz Hamzaogullari (2017). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and Russell 3000 Growth TR USD index with a weighting of 100%. Nationwide Loomis All Cap Gr A has 39 securities in its portfolio. The top 10 holdings constitute 61.6% 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 Loomis All Cap Gr A is part of the Equity global asset class and is within the U.S. Equity fund group. Nationwide Loomis All Cap Gr A has 5.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 91.6%. There is 5.8% 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 Loomis All Cap Gr A has 2.6% of the portfolio in cash.
Assets Under Management
The fund has $5 million in total assets, which is below the $2 billion average for the Large 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.
NWZLX 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 Loomis All Cap Gr A expense ratio is high compared to funds in the Large Growth category. Nationwide Loomis All Cap Gr A has an expense ratio of 1.26%, which is 31% higher than its category average, making the fund expense ratio grade a D. 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 Loomis All Cap Gr A has a portfolio turnover rate of 11%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 54% for the Large Growth category.
Recently, in the month of July 2026, Nationwide Loomis All Cap Gr A returned -0.7%, which earned it a grade of A, as the Large Growth category had an average return of -3.1%. 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 Loomis All Cap Gr A has a trailing yield of 0.00%, which is below the 0.06% category average. The fund normally distributes its income quarterly 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 Loomis All Cap Gr A Grades
Year to date, the fund has returned -4.5%, 8.3 percentage points worse than the category, which translates into a grade of F. The fund has returned -2.4% over the past year (grade of F), 14.2% over the past three years (grade of F) and 8.4% per year over the past five years (grade of D).
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NWZLX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| NWZLX Return (NAV) | -0.7% | -1.8% | -2.4% | 14.2% | 8.4% | na |
| NWZLX Grade | A | F | F | F | D | na |
| +/- Category | 2.4% | -3.6% | -11.4% | -3.9% | -0.3% | na |
| Large Growth Avg | -3.1% | 1.7% | 9.1% | 18.1% | 8.7% | 15.4% |
| NWZLX Tax Cost Ratio | na | na | 2.0% | 1.9% | 2.0% | na |
NWZLX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| NWZLX Return (NAV) | -4.5% | 12.7% | 33.3% | 43.3% | -28.0% | 16.0% | 30.3% | 30.0% | -3.2% | na | na |
| NWZLX Grade | F | D | B | B | B | D | F | F | D | na | na |
| +/- Category | -8.3% | -3.0% | 3.6% | 4.4% | 4.1% | -4.3% | -12.0% | -3.2% | -2.5% | na | na |
| Large Growth Avg | 3.7% | 15.7% | 29.7% | 38.9% | -32.1% | 20.4% | 42.3% | 33.2% | -0.7% | 29.8% | 2.7% |
| Risk Measures | |
| Standard Deviation: | 18.7% |
| Total Risk Index: | 1.52 - High |
| Category Risk Index: | 1.06 - Above Average |
| Category Risk Grade: | D (79% Rank) |
| Beta: | 1.32 |
| R-Squared: | 85% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $207 Mil |
| Fund Total Assets: | $ 5 Mil |
| Share Class Type: | A |
| Portfolio Turnover: | 11% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 9.2 years | |||
| Average Tenure: 9.2 years | |||
| Managers (Year): Hamzaogullari Aziz (2017) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 39 |
| % in Top 10 Holdings: | 61.6% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 5.8% |
Portfolio Allocation |
|
| Domestic Stock: | 91.6% |
| Foreign Stock: | 5.8% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 2.6% |
Purchase Information
| Fund Family: | Nationwide |
| Phone Number: | 800-848-0920 |
| Website: | www.nationwide.com/mutualfunds |
| Status: | Open |
| Inception Date: | May 31, 2017 |
| Min. Initial Purchase: | $2,000 |
| Min. Initial IRA Purchase: | $1,000 |
| True No-Load: | No |
| Front Load Maximum: | 5.75% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.26% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.96% |
| Share Class: | Nationwide Loomis All Cap Gr R6 |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 100 |
