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Nationwide Bond Index A GBIAX

Medalist Rating as of | See Nationwide Investment Hub
  • NAV / 1-Day Return 9.40  /  +0.03 %
  • Total Assets 252.1 Mil
  • Adj. Expense Ratio
    0.640%
  • Expense Ratio 0.640%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 2.95%
  • Effective Duration 6.19 years

USD | NAV as of May 24, 2024 | 1-Day Return as of May 24, 2024, 10:12 PM GMT+0

Morningstar’s Analysis GBIAX

Will GBIAX outperform in future?

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

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

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Portfolio Holdings GBIAX

  • 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