Nationwide Bond Index Fund Class R6 is an open-end mutual fund specializing in tracking the performance of the U.S. investment-grade bond market. Designed as a passively managed fund, its objective is to closely mirror the returns of the Bloomberg U.S. Aggregate Bond Index before fees and expenses, providing investors broad exposure to sectors such as U.S. Treasuries, government agencies, mortgage-backed securities, and high-quality corporate bonds. The fund primarily invests in a diversified portfolio of investment-grade fixed income securities, maintaining a moderate duration that reflects the interest rate sensitivity typical of its category—classified as intermediate-term core bond. This structure aims to offer steady income and diversification benefits within a broader portfolio. Nationwide Bond Index Fund Class R6 plays a significant role for investors seeking cost-effective access to the U.S. bond market as a core fixed-income holding, contributing to capital preservation and income generation while managing risk compared to more concentrated or high-yield bond strategies.
See your Portfolio Score and get data driven insights in ~60 seconds.
Opens in PortfolioPilot
Based on technical indicators and chart patterns, GBXIX shows...
Market sentiment analysis indicates...