Morningstar

Nationwide Strategic Income Fund Institutional Service Class NWXHX

Morningstar Medalist Rating
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Medalist Rating as of See Nationwide Investment Hub
  • NAV / 1-Day Return $9.98  /  0.00
  • Fund Size $2.6B
  • Adjusted Expense Ratio 0.610%
  • Net Expense Ratio 0.610%
  • Fee Level: Distribution Below Average
  • Share Class Type Institutional
  • Morningstar Category Multisector Bond
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $50,000
  • Investment Status Open
  • TTM Yield 5.06%
  • Average Effective Duration 2.06 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis NWXHX

Will NWXHX outperform in the 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 NWXHX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Nationwide Strategic Income Instl Svc holds a quantitatively derived Bronze Morningstar Medalist Rating. The rating reflects that it has scored better than the norm on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings NWXHX

More NWXHX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings −8.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Buy Protection on CDX.NA.HY.46-V3.Jun.2031

12.23 367M
Derivative

Federal National Mortgage Association 6%

8.84 265M
Securitized

Buy Protection on CDX.NA.HY.46-V3.Jun.2031

8.41 252M
Derivative

Cash Offset

4.98 149M
—

CURRENCY CONTRACT - USD Purchased

4.78 143M
Derivative

Federal National Mortgage Association 6.5%

4.16 125M
Securitized

2 Year Treasury Note Future Dec 26

3.35 100M
Government

Federal National Mortgage Association 3%

2.99 90M
Securitized

USD CCP COLL VM JPM

1.85 56M
Cash and Equivalents

CASH

1.55 47M
Cash and Equivalents

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