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Nationwide Short Duration Bond Instl (MCAIX)

On Feb 9: 10.16 USD  Down 0.01 (0.10%)  
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Profile  As of 31-Jan-10 Get Profile for:
Nationwide Short Duration Bond Instl
Nationwide Mutual Funds 1200 River Road??River Park 2 Conshohocken, PA 19428
Phone: 800-848-0920
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FUND OVERVIEW
Category: Short-Term Bond
Fund Family: Nationwide
Net Assets: 1.01M
Year-to-Date Return: 0.70%
Yield: 3.50%
Morningstar Rating: 3 stars
Fund Inception Date: 01-Feb-99
MORNINGSTAR STYLE BOX
Short-Term Bond
[View Category Definition]
View Top Short-Term Bond Funds
About the Morningstar Style Box
MANAGEMENT INFORMATION
Perpetua M. Phillips
Lead Manager since 05-Mar-01
Phillips has 19 years of experience in fixed income investments including portfolio management of indexed and total return portfolios and fixed income research and analysis. Phillips is a member of Morley Financial's Investment & Strategy Committee. She joined the firm in 1999.
INVESTMENT INFORMATION
Min Initial Investment: $1,000,000
Min Initial Investment, IRA: NaN
Min Initial Investment, AIP: NaN
Min Subsequent Investment: NaN
Min Subsequent Investment, IRA: N/A
Min Subsequent Investment, AIP: N/A
MCAIX can be purchased from 9 brokerages.
FUND SUMMARY
The investment seeks to provide a high level of current income while preserving capital and minimizing fluctuations in share value. The fund invests primarily in U.S. government securities, U.S. government agency securities and corporate bonds that are investment grade. It also purchases mortgage-backed and asset-backed securities and may invest in fixed-income securities that pay interest on either a fixed-rate or variable-rate basis. The duration generally may not exceed three years.
FUND OPERATIONS
Last Dividend (29-Jan-10): 0.02
Last Cap Gain (16-Apr-04): 0.01
Annual Holdings Turnover 29.05%
Average for Category: 109.82%
FEES & EXPENSES
Expense MCAIX Category
Avg
Total Expense Ratio: 0.54% 0.92%
Max 12b1 Fee: % N/A
Max Front End Sales Load: % 2.54%
Max Deferred Sales Load: % 2.13%
3 Yr Expense Projection*: $173 $409
5 Yr Expense Projection*: $302 $646
10 Yr Expense Projection*: $677 $1,333
* Per $10,000 invested


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