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Morningstar

Nationwide Bond Index R6 GBXIX

Morningstar Medalist Rating
Medalist Rating as of | See Nationwide Investment Hub
  • NAV / 1-Day Return 9.24  /  −0.31 %
  • Total Assets 269.4 Mil
  • Adj. Expense Ratio
    0.220%
  • Expense Ratio 0.220%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Large
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 3.26%
  • Effective Duration 6.19 years

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:14 PM GMT+0

Morningstar’s Analysis GBXIX

Will GBXIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GBXIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the GBXIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of GBXIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Nationwide Bond Index R6 boasts strong People and Process Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings GBXIX

More GBXIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 5.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CASH

5.37 15.6 Mil
Cash and Equivalents

United States Treasury Notes 3.875%

0.69 2.0 Mil
Government

United States Treasury Notes 3.875%

0.59 1.7 Mil
Government

Fnma Pass-Thru I 2%

0.51 1.5 Mil
Securitized

United States Treasury Notes 2.25%

0.50 1.5 Mil
Government

Government National Mortgage Association 2%

0.49 1.4 Mil
Securitized

United States Treasury Notes 4.75%

0.49 1.4 Mil
Government

United States Treasury Notes 3.5%

0.44 1.3 Mil
Government

United States Treasury Notes 3.5%

0.44 1.3 Mil
Government

Government National Mortgage Association 2%

0.43 1.2 Mil
Securitized