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Trending ETFs

Nationwide Bond Index Fund

mutual fund
GBIAX
Payout Change
Pending
Price as of:
$9.59 -0.04 -0.42%
primary theme
U.S. Intermediate-Term Bond Duration
share class
R6 (GBXIX) Instl (NWXOX) A (GBIAX)
GBIAX (Mutual Fund)

Nationwide Bond Index Fund

Payout Change
Pending
Price as of:
$9.59 -0.04 -0.42%
primary theme
U.S. Intermediate-Term Bond Duration
share class
R6 (GBXIX) Instl (NWXOX) A (GBIAX)
GBIAX (Mutual Fund)

Nationwide Bond Index Fund

Payout Change
Pending
Price as of:
$9.59 -0.04 -0.42%
primary theme
U.S. Intermediate-Term Bond Duration
share class
R6 (GBXIX) Instl (NWXOX) A (GBIAX)

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 Index Fund

GBIAX | Fund

$9.59

$289 M

3.03%

$0.29

0.73%

Vitals

YTD Return

1.7%

1 yr return

2.9%

3 Yr Avg Return

-2.8%

5 Yr Avg Return

-0.9%

Net Assets

$289 M

Holdings in Top 10

7.4%

52 WEEK LOW AND HIGH

$9.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.73%

SALES FEES

Front Load 2.25%

Deferred Load N/A

TRADING FEES

Turnover 151.19%

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 Index Fund

GBIAX | Fund

$9.59

$289 M

3.03%

$0.29

0.73%

GBIAX - Profile

Distributions

  • YTD Total Return 1.7%
  • 3 Yr Annualized Total Return -2.8%
  • 5 Yr Annualized Total Return -0.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.29%
DIVIDENDS
  • Dividend Yield 3.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Nationwide Bond Index Fund
  • Fund Family Name
    Nationwide Mutual Funds
  • Inception Date
    Mar 09, 2004
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Karen Uyehara

Fund Description

The Fund employs a “passive” management, or indexing, approach, which seeks to match approximately the performance of the Aggregate Bond Index before the deduction of Fund expenses. The Aggregate Bond Index represents a wide spectrum of public, investment grade, fixed-income securities in the United States, including government, corporate, and international dollar-denominated bonds, as well as mortgage-backed securities. Some of these securities may be purchased with delayed delivery. Under normal circumstances, the Fund invests at least 80% of its net assets in a statistically selected sampling of bonds and other fixed-income securities that are included in or correlated with the Aggregate Bond Index. The Fund does not necessarily invest in all of the bonds in the index, or in the same weightings. The Fund may invest in bonds not included in the Aggregate Bond Index which are selected to reflect characteristics such as maturity, duration, or credit quality similar to the Aggregate Bond Index. The Fund also may trade securities in segments of the portfolio to the extent necessary to closely mirror the duration of corresponding segments of the Index. As a result, the Fund may have different levels of interest rate, credit or prepayment risks from the levels of risks in the index. In addition, the Fund may have a higher portfolio turnover rate than that of other “index” funds.
Read More

GBIAX - Performance

Return Ranking - Trailing

Period GBIAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -4.6% 11.7% 91.40%
1 Yr 2.9% -2.4% 15.0% 93.47%
3 Yr -2.8%* -10.0% 28.5% 81.04%
5 Yr -0.9%* -7.2% 58.8% 91.93%
10 Yr 0.7%* -2.8% 74.0% 90.44%

* Annualized

Return Ranking - Calendar

Period GBIAX Return Category Return Low Category Return High Rank in Category (%)
2023 2.1% -16.2% 8.1% 50.52%
2022 -15.3% -34.7% 131.9% 30.96%
2021 -5.2% -11.6% 4.4% 94.44%
2020 4.7% -9.9% 946.1% 40.05%
2019 5.6% -1.7% 16.9% 51.26%

Total Return Ranking - Trailing

Period GBIAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -4.6% 11.7% 91.40%
1 Yr 2.9% -2.4% 15.0% 93.47%
3 Yr -2.8%* -10.0% 28.5% 81.04%
5 Yr -0.9%* -7.2% 58.8% 91.93%
10 Yr 0.7%* -2.8% 74.0% 90.44%

* Annualized

Total Return Ranking - Calendar

Period GBIAX Return Category Return Low Category Return High Rank in Category (%)
2023 5.0% -11.3% 11.9% 83.89%
2022 -13.7% -32.2% 131.9% 53.72%
2021 -2.2% -9.4% 9.2% 90.66%
2020 6.8% -1.9% 1009.0% 83.31%
2019 8.1% 1.1% 21668.0% 72.03%

NAV & Total Return History

GBIAX - Holdings

Concentration Analysis

GBIAX Category Low Category High GBIAX % Rank
Net Assets 289 M 2.9 M 314 B 76.06%
Number of Holdings 2040 1 17880 19.42%
Net Assets in Top 10 19.2 M 1.62 M 35.1 B 91.69%
Weighting of Top 10 7.38% 4.7% 3984.6% 97.71%

Top 10 Holdings

  1. Treasury Repurchase Agreement 1.92%
  2. Treasury Repurchase Agreement 1.15%
  3. Treasury Repurchase Agreement 0.63%
  4. U.S. Treasury Notes 0.57%
  5. U.S. Treasury Notes 0.56%
  6. UMBS 0.55%
  7. U.S. Treasury Notes 0.54%
  8. U.S. Treasury Notes 0.49%
  9. U.S. Treasury Notes 0.49%
  10. U.S. Treasury Notes 0.47%

Asset Allocation

Weighting Return Low Return High GBIAX % Rank
Bonds 		98.46% 0.00% 9231.88% 32.12%
Other 		4.13% -27.25% 1695.17% 49.74%
Convertible Bonds 		0.93% 0.00% 7.93% 71.44%
Stocks 		0.00% 0.00% 99.98% 83.52%
Preferred Stocks 		0.00% 0.00% 72.34% 81.62%
Cash 		0.00% -54.51% 237.69% 97.92%

Bond Sector Breakdown

Weighting Return Low Return High GBIAX % Rank
Government 		42.86% 0.00% 86.23% 12.45%
Securitized 		29.17% 0.00% 98.40% 51.26%
Corporate 		23.96% 0.00% 100.00% 73.33%
Municipal 		0.86% 0.00% 100.00% 30.86%
Derivative 		0.00% -6.56% 44.82% 62.72%
Cash & Equivalents 		0.00% 0.00% 237.69% 97.92%

Bond Geographic Breakdown

Weighting Return Low Return High GBIAX % Rank
US 		98.46% 0.00% 9042.62% 29.49%
Non US 		0.00% 0.00% 189.26% 82.66%

GBIAX - Expenses

Operational Fees

GBIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.73% 0.01% 39.64% 45.77%
Management Fee 0.19% 0.00% 1.76% 8.60%
12b-1 Fee 0.25% 0.00% 1.00% 51.64%
Administrative Fee 0.17% 0.01% 0.50% 82.76%

Sales Fees

GBIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.25% 2.00% 5.75% 94.81%
Deferred Load N/A 1.00% 4.00% 2.88%

Trading Fees

GBIAX 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.

GBIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 151.19% 2.00% 493.39% 55.34%

GBIAX - Distributions

Dividend Yield Analysis

GBIAX Category Low Category High GBIAX % Rank
Dividend Yield 3.03% 0.00% 10.11% 89.95%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

GBIAX Category Low Category High GBIAX % Rank
Net Income Ratio 1.29% -1.28% 4.79% 76.12%

Capital Gain Distribution Analysis

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

Distributions History

View More +

GBIAX - Fund Manager Analysis

Managers

Karen Uyehara

Start Date

Tenure

Tenure Rank

Apr 21, 2011

11.12

11.1%

Ms. Uyehara is a Director of BlackRock, which she joined in 2010. Ms. Uyehara is a portfolio manager and member of BlackRock’s Model-Based Fixed Income Portfolio Management Group. Prior to joining BlackRock, Ms. Uyehara was a portfolio manager at Western Asset Management Company from2002 to 2010.

James Mauro

Start Date

Tenure

Tenure Rank

Mar 01, 2021

1.25

1.3%

Head of San Francisco Fixed Income Core PM at BlackRock, Inc. since 2020; Managing Director of BlackRock, Inc. since 2015; Director of BlackRock, Inc. from 2010 to 2014; Vice President of State Street Global Advisors from 2001 to 2010. James Mauro has been employed by BlackRock Fund Advisors and BlackRock Institutional Trust Company, N.A. (“BTC”) as a portfolio manager since 2011. Prior to joining BTC, Mr. Mauro was a Vice President at State Street Global Advisors. His primary responsibilities include management of all government, inflation linked and derivative strategies. Other responsibilities include hedging and managing risk across all asset classes through futures and option overlays. James joined State Street Corporation in 1993. Previously, he worked as a portfolio manager on the passive team where he co-managed several Bond Index portfolios.

Tenure Analysis

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

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