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Trending ETFs

Nationwide Bond Fund

mutual fund
NBDAX
Payout Change
Pending
Price as of:
$8.18 -0.04 -0.49%
primary theme
U.S. Intermediate-Term Bond Duration
share class
A (NBDAX) R6 (NWIBX) Instl (MUIBX)
NBDAX (Mutual Fund)

Nationwide Bond Fund

Payout Change
Pending
Price as of:
$8.18 -0.04 -0.49%
primary theme
U.S. Intermediate-Term Bond Duration
share class
A (NBDAX) R6 (NWIBX) Instl (MUIBX)
NBDAX (Mutual Fund)

Nationwide Bond Fund

Payout Change
Pending
Price as of:
$8.18 -0.04 -0.49%
primary theme
U.S. Intermediate-Term Bond Duration
share class
A (NBDAX) R6 (NWIBX) Instl (MUIBX)

Name

As of 12/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Nationwide Bond Fund

NBDAX | Fund

$8.18

$279 M

3.53%

$0.29

0.83%

Vitals

YTD Return

2.2%

1 yr return

3.4%

3 Yr Avg Return

-3.1%

5 Yr Avg Return

-0.7%

Net Assets

$279 M

Holdings in Top 10

23.0%

52 WEEK LOW AND HIGH

$8.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.83%

SALES FEES

Front Load 2.25%

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$2,000

IRA

$1,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Nationwide Bond Fund

NBDAX | Fund

$8.18

$279 M

3.53%

$0.29

0.83%

NBDAX - Profile

Distributions

  • YTD Total Return 2.2%
  • 3 Yr Annualized Total Return -3.1%
  • 5 Yr Annualized Total Return -0.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.52%
DIVIDENDS
  • Dividend Yield 3.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Nationwide Bond Fund
  • Fund Family Name
    Nationwide Mutual Funds
  • Inception Date
    Jun 23, 2000
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Gary Davis

Fund Description

Under normal circumstances, the Fund invests at least 80% of its net assets in a wide variety of investment grade fixed-income securities, such as corporate bonds, U.S. government securities, mortgage-backed securities, asset-backed securities and commercial paper. The Fund also may invest in high-yield bonds (commonly known as “junk bonds”), as well as foreign government and corporate bonds that are denominated in U.S. dollars. Securities in which the Fund invests include those that pay interest on either a fixed-rate or variable-rate basis. The Fund seeks to achieve its objective by investing in securities offering the highest level of expected income while seeking safety of principal. In selecting securities, the subadviser typically maintains an average portfolio duration that is up to one year greater than or less than the average portfolio duration of the Bloomberg U.S. Aggregate Bond Index. For example, if the average portfolio duration of the Bloomberg U.S. Aggregate Bond Index is 7 years, the Fund’s average portfolio duration typically will be within a range of 6-8 years. As of December 31, 2023, the average portfolio duration of the Bloomberg U.S. Aggregate Bond Index was 6.20 years, although this will change or fluctuate over time.The subadviser seeks value and may sell a security to take advantage of more favorable opportunities. The subadviser also may sell a bond as it gets closer to its maturity in order to maintain the Fund’s target duration and better serve the Fund’s investment objective. The Fund may engage in active and frequent trading of portfolio securities.
Read More

NBDAX - Performance

Return Ranking - Trailing

Period NBDAX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.2% -4.6% 11.7% 80.93%
1 Yr 3.4% -2.4% 15.0% 82.49%
3 Yr -3.1%* -10.0% 28.5% 87.43%
5 Yr -0.7%* -7.2% 58.8% 89.16%
10 Yr 1.1%* -2.8% 74.0% 76.96%

* Annualized

Return Ranking - Calendar

Period NBDAX Return Category Return Low Category Return High Rank in Category (%)
2023 1.8% -16.2% 8.1% 62.58%
2022 -17.2% -34.7% 131.9% 80.85%
2021 -3.7% -11.6% 4.4% 64.85%
2020 2.6% -9.9% 946.1% 74.68%
2019 5.8% -1.7% 16.9% 43.82%

Total Return Ranking - Trailing

Period NBDAX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.2% -4.6% 11.7% 80.93%
1 Yr 3.4% -2.4% 15.0% 82.49%
3 Yr -3.1%* -10.0% 28.5% 87.43%
5 Yr -0.7%* -7.2% 58.8% 89.16%
10 Yr 1.1%* -2.8% 74.0% 76.96%

* Annualized

Total Return Ranking - Calendar

Period NBDAX Return Category Return Low Category Return High Rank in Category (%)
2023 5.5% -11.3% 11.9% 71.73%
2022 -15.2% -32.2% 131.9% 88.09%
2021 -1.0% -9.4% 9.2% 48.94%
2020 7.4% -1.9% 1009.0% 72.73%
2019 8.7% 1.1% 21668.0% 54.86%

NAV & Total Return History

NBDAX - Holdings

Concentration Analysis

NBDAX Category Low Category High NBDAX % Rank
Net Assets 279 M 2.9 M 314 B 76.27%
Number of Holdings 310 1 17880 79.34%
Net Assets in Top 10 64.5 M 1.62 M 35.1 B 78.61%
Weighting of Top 10 23.03% 4.7% 3984.6% 49.11%

Top 10 Holdings

  1. U.S. Treasury Bonds 4.06%
  2. UMBS 2.71%
  3. UMBS 2.39%
  4. UMBS 2.27%
  5. U.S. Treasury Bonds 2.24%
  6. U.S. Treasury Notes 2.11%
  7. UMBS 2.04%
  8. BBCMS Mortgage Trust, Series 2016-ETC, Class C 1.99%
  9. FHLB 1.62%
  10. U.S. Treasury Bonds 1.61%

Asset Allocation

Weighting Return Low Return High NBDAX % Rank
Bonds 		92.08% 0.00% 9231.88% 66.94%
Other 		9.11% -27.25% 1695.17% 29.49%
Convertible Bonds 		2.18% 0.00% 7.93% 24.58%
Stocks 		0.00% 0.00% 99.98% 47.15%
Preferred Stocks 		0.00% 0.00% 72.34% 41.33%
Cash 		0.00% -54.51% 237.69% 94.18%

Bond Sector Breakdown

Weighting Return Low Return High NBDAX % Rank
Securitized 		25.02% 0.00% 98.40% 67.68%
Government 		21.84% 0.00% 86.23% 58.37%
Corporate 		15.90% 0.00% 100.00% 89.96%
Derivative 		0.22% -6.56% 44.82% 22.64%
Municipal 		0.20% 0.00% 100.00% 60.88%
Cash & Equivalents 		0.00% 0.00% 237.69% 91.90%

Bond Geographic Breakdown

Weighting Return Low Return High NBDAX % Rank
US 		92.08% 0.00% 9042.62% 58.46%
Non US 		0.00% 0.00% 189.26% 48.91%

NBDAX - Expenses

Operational Fees

NBDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.83% 0.01% 39.64% 36.89%
Management Fee 0.41% 0.00% 1.76% 73.14%
12b-1 Fee 0.25% 0.00% 1.00% 29.98%
Administrative Fee 0.03% 0.01% 0.50% 4.77%

Sales Fees

NBDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.25% 2.00% 5.75% 89.63%
Deferred Load N/A 1.00% 4.00% 0.89%

Trading Fees

NBDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

NBDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 2.00% 493.39% 14.38%

NBDAX - Distributions

Dividend Yield Analysis

NBDAX Category Low Category High NBDAX % Rank
Dividend Yield 3.53% 0.00% 10.11% 66.42%

Dividend Distribution Analysis

NBDAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

NBDAX Category Low Category High NBDAX % Rank
Net Income Ratio 1.52% -1.28% 4.79% 62.21%

Capital Gain Distribution Analysis

NBDAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

NBDAX - Fund Manager Analysis

Managers

Gary Davis

Start Date

Tenure

Tenure Rank

Jan 31, 2004

18.34

18.3%

Gary S. Davis, CFA, joined Nationwide Mutual, the parent company of NWAM, in 1998 as a senior portfolio manager and is currently a Senior Investment Professional. He manages or co-manages other institutional fixed-income accounts for Nationwide Mutual. Mr. Davis earned his bachelor’s degree in finance from Wright State University and is a CFA® charterholder.

Corsan Maley

Start Date

Tenure

Tenure Rank

Aug 12, 2016

5.8

5.8%

Mr. Maley joined Nationwide, the parent company of NWAM, in 1998 to establish and manage Nationwide's derivative trading operations. He is currently a Senior Investment Professional and manages pension plan and separate account clients for Nationwide and affiliates. Mr. Maley earned his bachelor's degree in economics from the University of Chicago

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.43 6.77 1.16

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