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Nationwide Bond A NBDAX

Medalist Rating as of | See Nationwide Investment Hub
  • NAV / 1-Day Return 8.06  /  −0.11 %
  • Total Assets 280.0 Mil
  • Adj. Expense Ratio
    0.720%
  • Expense Ratio 0.720%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 3.32%
  • Effective Duration 6.11 years

USD | NAV as of Feb 27, 2024 | 1-Day Return as of Feb 27, 2024, 11:19 PM GMT+0

Morningstar’s Analysis NBDAX

Will NBDAX outperform in future?

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

Weakness in Nationwide Bond A's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of 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 NBDAX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 34.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

US 2 Year Note (CBT) Mar14

10.44 29.7 Mil
Government

US 10 Year Note (CBT) Mar14

7.80 22.2 Mil
Government

Buy Protection on CDX.NA.IG.41-V1.Dec.2028

6.19 17.6 Mil
Derivative

United States Treasury Bonds 2%

4.04 11.5 Mil
Government

US 5 Year Note (CBT) Mar14

2.75 7.8 Mil
Government

Federal National Mortgage Association 2%

2.75 7.8 Mil
Securitized

Federal Home Loan Mortgage Corp. 2.5%

2.42 6.9 Mil
Securitized

Federal National Mortgage Association 4%

2.32 6.6 Mil
Securitized

United States Treasury Bonds 2.25%

2.27 6.5 Mil
Government

Fnma Pass-Thru I 2%

2.08 5.9 Mil
Securitized