Nationwide S&P 500 Index Fund GRMAX | NASDAQ
Company Overview:
10 Year GRMAX Performance Metrics:
GRMAX Dividend Payments & Yield
GRMAX Dividends Info:
Projected Future Returns & Dividends for GRMAX
Based on past 10-year performance, here are GRMAX growth metrics:
Share price CAGR of +8.81%
Dividend CAGR of +6.63%
Using GRMAX CAGR metrics, we can estimate that your initial $10000 investment, over the next 10 years, should grow as follows:
| GRMAX (DRIP) | GRMAX - No DRIP | |
|---|---|---|
| Current Price | $33.70 | $33.70 |
| Start Shares | 296.74 | 296.74 |
| Start Value | $10,000 | $10,000 |
| After 10 years: | ||
| Final Share Count | 309.23 | 296.74 |
| Dividends Payment | $0.07 | $0.07 |
| Annual Dividends | $89 | $86 |
| Yield on cost | 0.89% | 0.86% |
| Share Price | $78.38 | $78.38 |
| Total Dividends | $627 | $612 |
| Final Value | $24,236 | $23,870 |
NOTE: Above numbers are our estimate based on GRMAX's Dividend and Price CAGR over past 10 years.
These numbers should only be considered as "potential future returns"! DRIP assumes reinvesting dividends; No-DRIP assumes collecting dividends as cash.
We cannot guarantee that your actual returns will meet these estimates.
Company Info
Nationwide S&P 500 Index Fund (GRMAX) had its IPO on 1999-12-29, and is traded on NASDAQ stock exchange.
This fund employs a passive investment strategy, commonly known as indexing, with the primary objective of closely mirroring the performance of the S&P 500 Index before the deduction of any fund-related expenses. The S&P 500 itself represents roughly 500 significant U.S. corporations spanning a wide array of sectors. It is worth noting that the fund's portfolio may not necessarily include every single security found in the S&P 500, nor will it strictly maintain the identical proportional weightings of the index components.
GRMAX website: https://www.nationwide.com/financial-professionals/products/investments/mutual-funds/fund-list/profile/GRMAX
DCF model unavailable for GRMAX — no fundamentals on file (ETFs and funds are not modelable).
