Nationwide Invesco Core Plus Bond R6 (NWCIX)
| Fund Assets | 144.08M |
| Expense Ratio | 0.49% |
| Min. Investment | $1,000,000 |
| Turnover | 108.76% |
| Dividend (ttm) | 0.11 |
| Dividend Yield | 1.16% |
| Dividend Growth | 2.19% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 9.42 |
| YTD Return | 9.01% |
| 1-Year Return | 2.63% |
| 5-Year Return | 1.03% |
| 52-Week Low | 8.55 |
| 52-Week High | 9.44 |
| Beta (5Y) | n/a |
| Holdings | 441 |
| Inception Date | Jul 17, 1992 |
About NWCIX
Nationwide Invesco Core Plus Bond Fund Class R6 is an open-end mutual fund designed to offer investors a diversified approach to fixed income investing. Its primary function is to seek a total return that combines current income with capital appreciation, while managing risk to principal. The fund invests mainly in investment-grade debt securities, but also has the flexibility to include select high-yield and emerging market bonds, enabling it to pursue higher returns when opportunities arise. A notable feature is its broad exposure across multiple sectors within the bond market. Major allocations include commercial and residential mortgage finance, diversified banks, electric utilities, investment banking and brokerage, life and health insurance, and oil and gas storage and transportation. This varied exposure helps mitigate risk by not relying on a single industry and allows the fund to adapt to changing market conditions. Nationwide Invesco Core Plus Bond Fund Class R6 is often used by institutional investors and retirement plans to provide stability and income within broader portfolios. Its strategy aims to balance risk and reward over the long term, making it a significant component within the intermediate core-plus bond category.
Performance
NWCIX had a total return of 2.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.32%.
Top 10 Holdings
38.05% of assets| Name | Symbol | Weight |
|---|---|---|
| 2 Year Treasury Note Future Sept 25 | n/a | 16.53% |
| Ultra US Treasury Bond Future Sept 25 | n/a | 3.82% |
| Federal Home Loan Mortgage Corp. 2.5% | FR.SD8212 | 3.81% |
| US Treasury Bond Future Sept 25 | n/a | 2.38% |
| Federal Home Loan Mortgage Corp. 3% | FR.SD8235 | 2.23% |
| Federal Home Loan Mortgage Corp. 5% | FR.SD3354 | 2.10% |
| Federal Home Loan Mortgage Corp. 4% | FR.SD1663 | 1.85% |
| Federal National Mortgage Association 3.5% | FN.CB3770 | 1.82% |
| Federal Home Loan Mortgage Corp. 5.5% | FR.RJ2623 | 1.79% |
| Federal Home Loan Mortgage Corp. 6% | FR.RJ4585 | 1.73% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.00668 | Dec 31, 2024 |
| Nov 29, 2024 | $0.04499 | Nov 29, 2024 |
| Oct 31, 2024 | $0.02512 | Oct 31, 2024 |
| Sep 30, 2024 | $0.0327 | Sep 30, 2024 |
| Aug 30, 2024 | $0.03372 | Aug 30, 2024 |
| Jul 31, 2024 | $0.03474 | Jul 31, 2024 |