Nationwide Inflation-Protected Securities Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.3%
1 yr return
-0.6%
3 Yr Avg Return
-1.6%
5 Yr Avg Return
2.0%
Net Assets
$181 M
Holdings in Top 10
57.7%
52 WEEK LOW AND HIGH
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 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NIFIX - Profile
Distributions
- YTD Total Return -1.3%
- 3 Yr Annualized Total Return -1.6%
- 5 Yr Annualized Total Return 2.0%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.83%
- Dividend Yield 4.2%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameNationwide Inflation-Protected Securities Fund
-
Fund Family NameNationwide Mutual Funds
-
Inception DateSep 17, 2012
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGary Hunt
Fund Description
NIFIX - Performance
Return Ranking - Trailing
Period | NIFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.3% | -10.4% | 3.5% | 57.69% |
1 Yr | -0.6% | -16.0% | 5.0% | 49.76% |
3 Yr | -1.6%* | -14.1% | 6.1% | 54.46% |
5 Yr | 2.0%* | -6.4% | 5.0% | 54.87% |
10 Yr | 1.7%* | -2.2% | 2.7% | 38.97% |
* Annualized
Return Ranking - Calendar
Period | NIFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -0.6% | -8.7% | 5.1% | 78.16% |
2022 | -17.7% | -52.3% | -4.0% | 67.49% |
2021 | -0.7% | -7.9% | 7.7% | 81.41% |
2020 | 9.6% | -29.4% | 23.0% | 16.33% |
2019 | 6.4% | 0.8% | 16.7% | 17.44% |
Total Return Ranking - Trailing
Period | NIFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.3% | -10.4% | 3.5% | 57.69% |
1 Yr | -0.6% | -16.0% | 5.0% | 49.76% |
3 Yr | -1.6%* | -14.1% | 6.1% | 54.46% |
5 Yr | 2.0%* | -6.4% | 5.0% | 54.87% |
10 Yr | 1.7%* | -2.2% | 2.7% | 38.97% |
* Annualized
Total Return Ranking - Calendar
Period | NIFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.8% | -5.2% | 9.5% | 49.03% |
2022 | -12.2% | -40.1% | 9.2% | 68.47% |
2021 | 5.1% | -2.7% | 37.6% | 64.32% |
2020 | 11.0% | -0.5% | 27.5% | 25.00% |
2019 | 8.3% | 2.8% | 19.3% | 25.64% |
NAV & Total Return History
NIFIX - Holdings
Concentration Analysis
NIFIX | Category Low | Category High | NIFIX % Rank | |
---|---|---|---|---|
Net Assets | 181 M | 968 K | 51.8 B | 85.10% |
Number of Holdings | 47 | 2 | 1550 | 73.56% |
Net Assets in Top 10 | 104 M | 949 K | 25 B | 79.81% |
Weighting of Top 10 | 57.67% | 9.2% | 103.8% | 41.55% |
Top 10 Holdings
- U.S. Treasury Inflation Linked Notes 6.91%
- U.S. Treasury Inflation Linked Notes 6.84%
- U.S. Treasury Inflation Linked Notes 6.63%
- U.S. Treasury Inflation Linked Notes 6.35%
- U.S. Treasury Inflation Linked Notes 6.06%
- U.S. Treasury Inflation Linked Notes 5.75%
- U.S. Treasury Inflation Linked Bonds 5.67%
- U.S. Treasury Inflation Linked Bonds 4.92%
- U.S. Treasury Inflation Linked Notes 4.57%
- U.S. Treasury Inflation Linked Bonds 3.98%
Asset Allocation
Weighting | Return Low | Return High | NIFIX % Rank | |
---|---|---|---|---|
Bonds | 95.59% | 0.00% | 200.47% | 76.44% |
Other | 3.33% | -51.42% | 61.84% | 26.92% |
Cash | 1.07% | -42.00% | 30.48% | 44.23% |
Stocks | 0.00% | 0.00% | 100.07% | 23.56% |
Preferred Stocks | 0.00% | 0.00% | 0.08% | 22.60% |
Convertible Bonds | 0.00% | 0.00% | 3.96% | 47.60% |
Bond Sector Breakdown
Weighting | Return Low | Return High | NIFIX % Rank | |
---|---|---|---|---|
Government | 86.97% | 6.70% | 112.97% | 50.00% |
Securitized | 5.56% | 0.00% | 58.03% | 23.56% |
Cash & Equivalents | 0.00% | 0.00% | 20.89% | 82.69% |
Corporate | 0.00% | 0.00% | 50.64% | 73.56% |
Municipal | 0.00% | 0.00% | 1.28% | 40.87% |
Derivative | -0.05% | -26.13% | 19.50% | 83.17% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | NIFIX % Rank | |
---|---|---|---|---|
US | 95.59% | 0.00% | 172.85% | 57.69% |
Non US | 0.00% | 0.00% | 54.30% | 54.81% |
NIFIX - Expenses
Operational Fees
NIFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.36% | 0.03% | 2.35% | 77.67% |
Management Fee | 0.25% | 0.00% | 0.99% | 33.17% |
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 | 4.19% | 0.00% | 14.35% | 17.31% |
Dividend Distribution Analysis
NIFIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Monthly | Monthly |
Net Income Ratio Analysis
NIFIX | Category Low | Category High | NIFIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.83% | -0.06% | 6.71% | 48.29% |
Capital Gain Distribution Analysis
NIFIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 12, 2024 | $0.011 | OrdinaryDividend |
Dec 21, 2023 | $0.092 | OrdinaryDividend |
Sep 12, 2023 | $0.113 | OrdinaryDividend |
Jun 13, 2023 | $0.161 | OrdinaryDividend |
Mar 14, 2023 | $0.019 | OrdinaryDividend |
Dec 30, 2022 | $0.015 | OrdinaryDividend |
Dec 22, 2022 | $0.033 | OrdinaryDividend |
Sep 13, 2022 | $0.256 | OrdinaryDividend |
Jun 07, 2022 | $0.234 | OrdinaryDividend |
Mar 08, 2022 | $0.096 | OrdinaryDividend |
Dec 30, 2021 | $0.041 | OrdinaryDividend |
Sep 08, 2021 | $0.142 | OrdinaryDividend |
Jun 08, 2021 | $0.065 | OrdinaryDividend |
Mar 09, 2021 | $0.023 | OrdinaryDividend |
Dec 22, 2020 | $0.063 | OrdinaryDividend |
Jun 09, 2020 | $0.061 | OrdinaryDividend |
Mar 10, 2020 | $0.015 | OrdinaryDividend |
Dec 19, 2019 | $0.018 | OrdinaryDividend |
Sep 10, 2019 | $0.076 | OrdinaryDividend |
Jun 10, 2019 | $0.081 | OrdinaryDividend |
Dec 19, 2018 | $0.070 | ExtraDividend |
Sep 11, 2018 | $0.060 | OrdinaryDividend |
Jun 11, 2018 | $0.060 | OrdinaryDividend |
Dec 19, 2017 | $0.061 | OrdinaryDividend |
Sep 12, 2017 | $0.077 | OrdinaryDividend |
Jun 12, 2017 | $0.038 | OrdinaryDividend |
Mar 13, 2015 | $0.009 | OrdinaryDividend |
Dec 17, 2014 | $0.012 | OrdinaryDividend |
Sep 17, 2014 | $0.035 | OrdinaryDividend |
Jun 16, 2014 | $0.016 | OrdinaryDividend |
Dec 20, 2012 | $0.008 | OrdinaryDividend |
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 | 6.61 | 11.1 |