Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you
Mutualfunds logo

NUSAX Nationwide Government Bond A

  • Fund
  • NUSAX
  • Price as of: Nov 30, 2017
  • $9.88
  • - $0.02
  • - 0.20%
  • Category
  • Government Bonds

NUSAX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 0.5%
  • 5 Yr Annualized Return 0.2%
  • Net Assets $38 M
  • Holdings in Top 10 71.9%

52 WEEK LOW AND HIGH

$9.88
$9.86
$10.06

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.22%

SALES FEES

  • Front Load 2.25%
  • Deferred Load 5.00%

BROKERAGE FEES

  • Turnover 29.87%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,000

IRA

$1,000

Investment Themes

CATEGORY

Government Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style Intermediate Government

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return -0.3%
  • 5 Yr Annualized Total Return -0.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.18%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Nationwide Government Bond Fund
  • Fund Family Name Nationwide
  • Inception Date May 08, 1998
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Gary R. Hunt

Fund Description

The fund normally invests at least 80% of its net assets in securities issued by the United States government and its agencies and instrumentalities. The subadviser seeks to achieve the fund's objective by investing in securities offering the highest level of expected income while simultaneously minimizing market price fluctuations. 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 Bank of America Merrill Lynch U.S. Treasury & Agency Index.

NUSAX - Performance

Return Ranking - Trailing

Period NUSAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -100.0% 6.9% 7.02% 1
1 Yr -1.7% -6.0% 56.6% 84.58% 5
3 Yr 0.5% * -2.2% 5.6% 53.80% 3
5 Yr 0.2% * -1.6% 6.8% 85.26% 5
10 Yr 2.9% * 0.0% 8.9% 34.70% 2

* Annualized


Return Ranking - Calendar

Period NUSAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 -1.7% -6.8% 10.5% 57.60% 5
2016 -1.8% -9.3% 4.2% 52.60% 4
2015 2.6% -46.1% 19.7% 2.50% 1
2014 -4.6% -16.6% 41.3% 66.29% 5
2013 -1.1% -26.8% 6.7% 13.78% 2

Total Return Ranking - Trailing

Period NUSAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -100.0% 6.9% 6.55% 1
1 Yr -3.9% -8.4% 14.8% 83.00% 5
3 Yr -0.3% * -3.0% 5.6% 75.21% 4
5 Yr -0.3% * -1.8% 6.8% 90.46% 5
10 Yr 2.7% * 0.0% 8.9% 41.32% 3

* Annualized


Total Return Ranking - Calendar

Period NUSAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 -1.7% -6.8% 10.5% 59.52% 5
2016 -1.7% -7.9% 5.6% 65.01% 5
2015 2.6% -7.8% 19.7% 4.71% 1
2014 -4.6% -15.9% 51.5% 71.43% 5
2013 1.6% -26.7% 7.1% 5.31% 1

NAV & Total Return History

NUSAX - Holdings

Filings data as of: Oct 31, 2017

Concentration Analysis

NUSAX Category Low Category High NUSAX % Rank Quintile
Net Assets 38 M 1.2 M 22.5 B 36.54% 5
Number of Holdings 27 6 16286 31.11% 5
Net Assets in Top 10 27.4 M -45.8 M 10.4 B 33.83% 5
Weighting of Top 10 71.9% 0.0% 241.6% 10.37% 2

Top 10 Holdings

  1. US Treasury Note 1.375% 14.77%
  2. FHLBA 5.365% 8.22%
  3. FNMA CMO 2.5% 7.15%
  4. US Treasury Note 1.375% 6.24%
  5. US Treasury Bond 3.375% 5.84%
  6. US Treasury Bond 2.875% 5.73%
  7. FHLBA 3% 5.41%
  8. US Treasury Bond 3.125% 5.61%
  9. Private Expt Fdg 1.45% 5.23%
  10. FFCB 2.43% 7.68%

Asset Allocation

Weighting Category Low Category High NUSAX % Rank Quintile
Bonds
99.31% 0.00% 161.06% 11.11% 2
Cash
0.69% -61.09% 100.00% 28.89% 4
Stocks
0.00% -2.54% 15.23% 0.99% 2
Preferred Stocks
0.00% 0.00% 0.64% 0.99% 2
Other
0.00% -49.52% 9.27% 9.38% 3
Convertible Bonds
0.00% 0.00% 0.25% 0.74% 3

Bond Sector Breakdown

Weighting Category Low Category High NUSAX % Rank Quintile
Government
68.66% -58.08% 113.02% 12.10% 2
Securitized
25.41% 0.00% 161.65% 27.16% 4
Corporate
5.23% 0.00% 76.92% 4.20% 1
Cash & Equivalents
0.69% -61.09% 100.00% 28.64% 4
Derivative
0.00% -33.10% 1.56% 0.99% 2
Municipal
0.00% 0.00% 17.53% 6.17% 3

Bond Geographic Breakdown

Weighting Category Low Category High NUSAX % Rank Quintile
US
94.18% -1.93% 161.06% 24.44% 4
Non US
5.13% 0.00% 96.60% 6.42% 1

NUSAX - Expenses

Operational Fees

NUSAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.22% 0.00% 8.57% 18.27% 4
Management Fee 0.35% 0.00% 0.95% 6.91% 2
12b-1 Fee 0.25% 0.00% 1.00% 7.06% 2
Administrative Fee 0.12% 0.00% 0.45% 5.63% 4

Sales Fees

NUSAX Fees (% of AUM) Category Low Category High NUSAX Rank Quintile
Front Load 2.25% 0.40% 4.75% 14.08% 1
Deferred Load 5.00% 0.50% 5.50% 2.11% 5

Trading Fees

NUSAX Fees (% of AUM) Category Low Category High NUSAX Rank Quintile
Max Redemption Fee N/A 0.25% 2.00% N/A N/A

Turnover 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.

NUSAX Fees (% of AUM) Category Low Category High NUSAX Rank Quintile
Turnover 29.87% 0.00% 1536.00% 27.05% 2

NUSAX - Distributions

Dividend Yield Analysis

NUSAX Category Low Category High NUSAX % Rank Quintile
Dividend Yield 0.1% 0.00% 3.47% 41.37% 4

Dividend Distribution Analysis

NUSAX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

NUSAX Category Low Category High NUSAX % Rank Quintile
Net Income Ratio 1.18% -3.48% 4.39% 30.37% 4

Capital Gain Distribution Analysis

NUSAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

NUSAX - Managers

Gary R. Hunt

Manager

Start Date

Dec 31, 1997

Tenure

19.85

Tenure Rank

1.7%

Mr. Hunt joined Nationwide Mutual, the parent company of NWAM, in 1992 as a securities analyst. He is currently a Senior Investment Professional and manages or co-manages multi-asset class portfolios for Nationwide Mutual and its affiliates. Mr. Hunt earned his bachelor’s degree in business administration, an MBA from The Ohio State University and is a CFA® charterholder


Chad W. Finefrock

Manager

Start Date

Aug 12, 2016

Tenure

1.22

Tenure Rank

20.7%

Mr. Finefrock joined Nationwide Mutual, the parent company of NWAM, in 2001. He is a Senior Investment Professional and is responsible for trading U.S. Treasury securities, U.S. government agency debt securities, mortgage-backed securities and derivatives for Nationwide and affiliates. Mr. Finefrock earned a bachelor’s degree in risk management and insurance from The Ohio State University, an MBA from the University of Oxford and is a CFA® charterholder.


Tenure Analysis

Category Low

0.0

Category High

32.5

Category Average

7.06

Category Mode

3.5