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Morningstar

Nationwide Loomis Core Bond Instl Svc NWJJX

Morningstar Medalist Rating
Medalist Rating as of | See Nationwide Investment Hub
  • NAV / 1-Day Return 9.08  /  0.01 %
  • Total Assets 393.4 Mil
  • Adj. Expense Ratio
    0.730%
  • Expense Ratio 0.730%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 50,000
  • Status Open
  • TTM Yield 3.12%
  • Effective Duration 6.35 years

USD | NAV as of Sep 29, 2023 | 1-Day Return as of Sep 29, 2023, 11:35 PM GMT+0

Morningstar’s Analysis NWJJX

Will NWJJX 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 NWJJX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the NWJJX 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 NWJJX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Nationwide Loomis Core Bond Instl Svc earns a Morningstar Medalist Rating of Neutral with strength in areas such as People offset by weaker spots such as Process.

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.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings NWJJX

More NWJJX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 481
  • Other Holdings 15
  • % Assets in Top 10 Holdings 21.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Future on US Treasury Bond

3.95
16,270,359
Government

Future on Ultra US Treasury Bond

3.52
14,480,831
Government

Federal Home Loan Mortgage Corporation 2.5%

3.06
12,618,184
Securitized

Federal Home Loan Mortgage Corporation 3.5%

2.20
9,067,475
Securitized

United States Treasury Bonds 2.25%

1.88
7,756,747
Government

CASH

1.87
7,690,859
Cash and Equivalents

United States Treasury Notes 3.625%

1.72
7,073,791
Government

United States Treasury Bonds 3.875%

1.48
6,106,495
Government

United States Treasury Notes 4.75%

1.47
6,063,690
Government

Federal National Mortgage Association 3.5%

1.33
5,488,962
Securitized