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Name

As of 12/19/2024

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 Inflation-Protected Securities Fund

NIFIX | Fund

$8.83

$181 M

3.79%

$0.34

0.36%

Vitals

YTD Return

1.4%

1 yr return

1.2%

3 Yr Avg Return

-1.3%

5 Yr Avg Return

1.5%

Net Assets

$181 M

Holdings in Top 10

54.3%

52 WEEK LOW AND HIGH

$8.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.36%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/19/2024

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 Inflation-Protected Securities Fund

NIFIX | Fund

$8.83

$181 M

3.79%

$0.34

0.36%

NIFIX - Profile

Distributions

  • YTD Total Return 1.4%
  • 3 Yr Annualized Total Return -1.3%
  • 5 Yr Annualized Total Return 1.5%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.83%
DIVIDENDS
  • Dividend Yield 3.8%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Nationwide Inflation-Protected Securities Fund
  • Fund Family Name
    Nationwide Mutual Funds
  • Inception Date
    Sep 17, 2012
  • Shares Outstanding
    N/A
  • Share Class
    R6
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Gary Hunt

Fund Description

Under normal circumstances, the Fund invests at least 80% of its net assets in fixed-income securities (or “bonds”) that are indexed or linked to the rate of inflation in the United States. Such inflation-protected securities are designed to protect the future purchasing power of the money invested in them. For the foreseeable future, the Fund’s investment adviser and subadviser anticipate investing the Fund’s assets primarily in Treasury Inflation Protected Securities (“TIPS”), which are inflation-adjusted securities issued by the U.S. Treasury. Nevertheless, the Fund has the flexibility to invest in other inflation-linked U.S. government securities, as well as inflation-linked securities issued by entities such as domestic and foreign corporations and governments, so long as they are investment grade at the time of their purchase.The Fund may invest up to 20% of its net assets in fixed-income securities that are not linked to inflation. These securities may include other debt securities issued by the U.S. government, its agencies or instrumentalities, corporations or other non-governmental issuers. 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. TIPS Index. As of December 31, 2023, the average portfolio duration of the Bloomberg U.S. TIPS Index was 5.95 years, although this will change or fluctuate over time. The Fund’s subadviser may sell securities in order to buy others that it believes will better serve the Fund’s objective.
Read More

NIFIX - Performance

Return Ranking - Trailing

Period NIFIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.4% -12.5% 7.8% 39.30%
1 Yr 1.2% -11.5% 8.7% 33.33%
3 Yr -1.3%* -17.1% 4.4% 52.04%
5 Yr 1.5%* -7.7% 4.6% 56.61%
10 Yr 1.9%* -2.4% 3.4% 45.80%

* Annualized

Return Ranking - Calendar

Period NIFIX Return Category Return Low Category Return High Rank in Category (%)
2023 -0.6% -8.7% 5.1% 77.89%
2022 -17.7% -52.3% -4.0% 67.35%
2021 -0.7% -7.9% 7.7% 81.77%
2020 9.6% -29.4% 23.0% 16.93%
2019 6.4% 0.8% 16.7% 18.09%

Total Return Ranking - Trailing

Period NIFIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.4% -12.5% 7.8% 39.30%
1 Yr 1.2% -11.5% 8.7% 33.33%
3 Yr -1.3%* -17.1% 4.4% 52.04%
5 Yr 1.5%* -7.7% 4.6% 56.61%
10 Yr 1.9%* -2.4% 3.4% 45.80%

* Annualized

Total Return Ranking - Calendar

Period NIFIX Return Category Return Low Category Return High Rank in Category (%)
2023 3.8% -5.2% 9.5% 49.75%
2022 -12.2% -40.1% 9.2% 69.39%
2021 5.1% -2.7% 37.6% 64.06%
2020 11.0% -0.5% 27.5% 25.93%
2019 8.3% 2.8% 19.3% 25.53%

NAV & Total Return History

NIFIX - Holdings

Concentration Analysis

NIFIX Category Low Category High NIFIX % Rank
Net Assets 181 M 963 K 54.3 B 86.07%
Number of Holdings 53 2 1463 68.16%
Net Assets in Top 10 93.7 M 913 K 25.5 B 75.62%
Weighting of Top 10 54.33% 9.4% 100.0% 38.50%

Top 10 Holdings

  1. U.S. Treasury Inflation Linked Notes 7.39%
  2. U.S. Treasury Inflation Linked Notes 7.30%
  3. U.S. Treasury Inflation Linked Notes 6.10%
  4. U.S. Treasury Inflation Linked Bonds 5.97%
  5. U.S. Treasury Inflation Linked Notes 5.18%
  6. U.S. Treasury Inflation Linked Bonds 5.17%
  7. U.S. Treasury Inflation Linked Notes 4.87%
  8. U.S. Treasury Inflation Linked Bonds 4.20%
  9. U.S. Treasury Inflation Linked Bonds 4.15%
  10. U.S. Treasury Inflation Linked Bonds 3.99%

Asset Allocation

Weighting Return Low Return High NIFIX % Rank
Bonds 		93.61% 0.00% 206.20% 79.60%
Other 		5.52% -58.58% 66.48% 17.41%
Cash 		0.87% -42.00% 15.77% 42.79%
Stocks 		0.00% 0.00% 100.03% 24.38%
Preferred Stocks 		0.00% 0.00% 1.89% 25.87%
Convertible Bonds 		0.00% 0.00% 3.96% 46.77%

Bond Sector Breakdown

Weighting Return Low Return High NIFIX % Rank
Government 		86.97% 6.70% 112.97% 51.24%
Securitized 		5.56% 0.00% 58.03% 22.39%
Derivative 		0.08% -26.67% 16.13% 51.74%
Cash & Equivalents 		0.00% 0.00% 15.13% 79.60%
Corporate 		0.00% 0.00% 50.64% 73.63%
Municipal 		0.00% 0.00% 1.28% 36.32%

Bond Geographic Breakdown

Weighting Return Low Return High NIFIX % Rank
US 		93.61% 0.00% 184.29% 72.64%
Non US 		0.00% 0.00% 42.19% 52.24%

NIFIX - Expenses

Operational Fees

NIFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.36% 0.03% 22.29% 76.88%
Management Fee 0.25% 0.00% 0.99% 33.83%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% 95.73%

Sales Fees

NIFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

NIFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

NIFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 246.00% 3.30%

NIFIX - Distributions

Dividend Yield Analysis

NIFIX Category Low Category High NIFIX % Rank
Dividend Yield 3.79% 0.00% 14.25% 16.42%

Dividend Distribution Analysis

NIFIX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Monthly Annual

Net Income Ratio Analysis

NIFIX Category Low Category High NIFIX % Rank
Net Income Ratio 3.83% -0.06% 6.71% 48.99%

Capital Gain Distribution Analysis

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

Distributions History

View More +

NIFIX - Fund Manager Analysis

Managers

Gary Hunt

Start Date

Tenure

Tenure Rank

Sep 17, 2012

9.71

9.7%

Gary R. Hunt, CFA, 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 Finefrock

Start Date

Tenure

Tenure Rank

Aug 12, 2016

5.8

5.8%

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 Category High Category Average Category Mode
0.17 20.51 6.56 11.1

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