NWJIX

About NWJIX

The Nationwide Loomis Core Bond Fund Class R6 is an open-end mutual fund primarily focused on investing in a diversified portfolio of fixed-income securities. Its central objective is to achieve total return, combining income and capital appreciation, by allocating at least 80% of its assets to bonds. These bonds include debt obligations issued or guaranteed by the U.S. government, investment-grade corporate debt from both U.S. and foreign issuers, and other high-quality fixed-income securities. The fund is structured for large retirement plans and institutional investors, evidenced by its $1,000,000 minimum investment and its classification as a retirement share class. Notable features include a relatively low expense ratio for its peer group, monthly income distributions, and a credit profile and interest rate sensitivity that are categorized as moderate. The fund’s extensive holdings—numbering over 770—reflect broad diversification, with significant allocations to U.S. Treasury securities and mortgage-backed instruments. This structure positions the fund as a core fixed-income holding, serving as a foundational component for institutional portfolios seeking consistent income and risk-adjusted returns within the intermediate-term bond sector.