NIFAX: Nationwide Inflation-Prot Secs A

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NIFAX Nationwide Inflation-Prot Secs A


Profile

NIFAX - Profile

Vitals

  • YTD Return 4.5%
  • 3 Yr Annualized Return 2.0%
  • 5 Yr Annualized Return 2.0%
  • Net Assets $242 M
  • Holdings in Top 10 80.3%

52 WEEK LOW AND HIGH

$10.45
$9.51
$10.55

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.74%

SALES FEES

  • Front Load 2.25%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 14.70%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,000
  • IRA $1,000

Fund Classification


Distributions

  • YTD Total Return 4.5%
  • 3 Yr Annualized Total Return 3.2%
  • 5 Yr Annualized Total Return 2.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.46%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Nationwide Inflation-Protected Securities Fund
  • Fund Family Name
    Nationwide
  • Inception Date
    Sep 17, 2012
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • 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. It may invest up to 20% of its net assets in fixed-income securities that are not linked to inflation. In selecting securities, the subadviser typically maintains a dollar-weighted average portfolio maturity that is up to one year greater than or less than the dollar-weighted average portfolio maturity of the Bloomberg Barclays U.S. TIPS Index.


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Categories

Performance

NIFAX - Performance

Return Ranking - Trailing

Period NIFAX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.5% -36.4% 947.9% 9.45%
1 Yr 5.8% -35.3% 965.9% 13.66%
3 Yr 2.0%* -10.6% 120.3% 11.00%
5 Yr 2.0%* -5.1% 60.4% 2.73%
10 Yr N/A* -5.0% 3.6% N/A

* Annualized

Return Ranking - Calendar

Period NIFAX Return Category Return Low Category Return High Rank in Category (%)
2019 6.5% -1.7% 18.3% 12.42%
2018 -3.6% -12.4% 0.8% 76.63%
2017 0.9% -6.0% 20.3% 57.26%
2016 4.2% -7.8% 8.6% 1.69%
2015 -2.2% -18.3% 3.0% 70.91%

Total Return Ranking - Trailing

Period NIFAX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.5% -36.4% 947.9% 9.45%
1 Yr 5.8% -35.3% 965.9% 13.44%
3 Yr 3.2%* -7.4% 120.3% 6.17%
5 Yr 2.7%* -5.1% 60.4% 5.74%
10 Yr N/A* -5.0% 6.9% N/A

* Annualized

Total Return Ranking - Calendar

Period NIFAX Return Category Return Low Category Return High Rank in Category (%)
2019 6.5% -1.7% 18.3% 13.04%
2018 -1.9% -11.7% 3.1% 41.52%
2017 2.6% -6.0% 27.0% 21.77%
2016 4.2% -7.8% 10.7% 4.97%
2015 -2.2% -14.2% 4.2% 76.96%

NAV & Total Return History


Holdings

NIFAX - Holdings

Concentration Analysis

NIFAX Category Low Category High NIFAX % Rank
Net Assets 242 M 634 K 264 B 68.84%
Number of Holdings 46 1 17920 95.13%
Net Assets in Top 10 101 M -587 M 20.8 B 52.49%
Weighting of Top 10 80.26% 2.3% 100.0% 4.12%

Top 10 Holdings

  1. US Treasury Bond Future June 20 13.35%
  2. US Treasury Bond Future June 20 13.35%
  3. Ultra 10 Year US Treasury Note Future June 20 11.05%
  4. Ultra 10 Year US Treasury Note Future June 20 11.05%
  5. United States Treasury Notes 0.5% 8.47%
  6. United States Treasury Bonds 0.62% 8.32%
  7. United States Treasury Notes 0.62% 8.31%
  8. United States Treasury Bonds 2.38% 7.25%
  9. United States Treasury Bonds 0.75% 6.59%
  10. 5 Year Treasury Note Future June 20 5.98%

Asset Allocation

Weighting Return Low Return High NIFAX % Rank
Bonds
90.08% 71.08% 157.69% 89.33%
Cash
9.92% -57.68% 27.48% 7.14%
Stocks
0.00% -0.38% 18.10% 66.69%
Preferred Stocks
0.00% 0.00% 9.11% 70.82%
Other
0.00% -27.60% 53.37% 64.82%
Convertible Bonds
0.00% 0.00% 6.53% 82.16%

Bond Sector Breakdown

Weighting Return Low Return High NIFAX % Rank
Government
85.26% -2.21% 100.00% 3.43%
Cash & Equivalents
8.16% -26.49% 24.02% 13.63%
Securitized
6.57% 0.00% 98.72% 45.46%
Derivative
0.00% -0.83% 31.72% 69.27%
Corporate
0.00% 0.00% 99.41% 87.18%
Municipal
0.00% 0.00% 100.11% 92.37%

Bond Geographic Breakdown

Weighting Return Low Return High NIFAX % Rank
US
90.08% 58.40% 150.78% 58.81%
Non US
0.00% -38.91% 29.50% 93.61%

Expenses

NIFAX - Expenses

Operational Fees

NIFAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.74% 0.01% 34.57% 51.97%
Management Fee 0.25% 0.00% 1.25% 14.27%
12b-1 Fee 0.25% 0.00% 1.00% 47.15%
Administrative Fee 0.12% 0.00% 0.50% 64.18%

Sales Fees

NIFAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.25% 0.50% 5.75% 83.91%
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

NIFAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

NIFAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 14.70% 0.00% 489.00% 16.41%

Distributions

NIFAX - Distributions

Dividend Yield Analysis

NIFAX Category Low Category High NIFAX % Rank
Dividend Yield 0.00% 0.00% 6.09% 72.06%

Dividend Distribution Analysis

NIFAX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Monthly Monthly Monthly

Net Income Ratio Analysis

NIFAX Category Low Category High NIFAX % Rank
Net Income Ratio 1.46% -0.71% 6.53% 93.48%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

NIFAX - Fund Manager Analysis

Managers

Gary Hunt


Start Date

Tenure

Tenure Rank

Sep 17, 2012

7.62

7.6%

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

3.72

3.7%

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 Category High Category Average Category Mode
0.08 33.44 7.44 0.33