Nationwide Bond Index Fund (GBIAX)
The fund normally invests at least 80% of its net assets in a statistically selected sampling of bonds and other fixed-income securities that are included in or correlated with the Bloomberg Barclays U.S. Aggregate Bond Index. The index represents a wide spectrum of public, investment grade, fixed-income securities in the United States, including government, corporate, and international dollar-denominated bonds, as well as mortgage-backed securities.
Fund Info
ISIN | US63867R8869 |
---|---|
Issuer | Nationwide |
Inception Date | Dec 29, 1999 |
Category | Intermediate Core Bond |
Min. Investment | $2,000 |
Asset Class | Bond |
Expense Ratio
GBIAX has a high expense ratio of 0.64%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Nationwide Bond Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Nationwide Bond Index Fund had a return of -1.47% year-to-date (YTD) and 1.39% in the last 12 months. Over the past 10 years, Nationwide Bond Index Fund had an annualized return of 0.65%, while the S&P 500 had an annualized return of 10.99%, indicating that Nationwide Bond Index Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | -1.47% | 11.18% |
1 month | 1.55% | 5.60% |
6 months | 3.19% | 17.48% |
1 year | 1.39% | 26.33% |
5 years (annualized) | -0.55% | 13.16% |
10 years (annualized) | 0.65% | 10.99% |
Monthly Returns
The table below presents the monthly returns of GBIAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.08% | -1.52% | 0.78% | -2.48% | -1.47% | ||||||||
2023 | 3.36% | -2.58% | 2.43% | 0.41% | -1.01% | -0.40% | -0.08% | -0.71% | -2.76% | -1.36% | 4.36% | 3.58% | 5.03% |
2022 | -2.10% | -1.23% | -2.91% | -3.91% | 0.72% | -1.62% | 2.22% | -2.62% | -4.39% | -1.30% | 3.65% | -0.94% | -13.79% |
2021 | -0.85% | -1.49% | -1.22% | 0.75% | 0.00% | 0.97% | 0.87% | -0.08% | -0.91% | -0.26% | 0.35% | -0.39% | -2.28% |
2020 | 1.86% | 1.73% | -0.69% | 1.64% | 0.41% | 0.57% | 1.50% | -1.03% | -0.03% | -0.54% | 0.99% | 0.05% | 6.60% |
2019 | 1.05% | -0.08% | 1.88% | -0.08% | 1.76% | 1.19% | 0.19% | 2.32% | -0.33% | 0.19% | -0.08% | -0.17% | 8.08% |
2018 | -1.19% | -1.03% | 0.56% | -0.74% | 0.57% | -0.18% | 0.01% | 0.57% | -0.64% | -0.83% | 0.49% | 1.73% | -0.74% |
2017 | 0.17% | 0.61% | -0.11% | 0.71% | 0.80% | -0.20% | 0.34% | 0.89% | -0.57% | -0.02% | -0.20% | 0.44% | 2.89% |
2016 | 1.37% | 0.63% | 0.90% | 0.35% | -0.10% | 1.77% | 0.61% | -0.19% | -0.11% | -0.81% | -2.43% | 0.02% | 1.95% |
2015 | 2.11% | -0.99% | 0.41% | -0.40% | -0.30% | -1.20% | 0.60% | -0.21% | 0.60% | 0.07% | -0.37% | -0.43% | -0.14% |
2014 | 1.46% | 0.53% | -0.27% | 0.80% | 1.15% | -0.01% | -0.27% | 1.07% | -0.71% | 0.89% | 0.69% | 0.02% | 5.47% |
2013 | -0.73% | 0.36% | 0.02% | 0.87% | -1.78% | -1.64% | 0.10% | -0.53% | 0.88% | 0.72% | -0.44% | -0.59% | -2.78% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GBIAX is 5, indicating that it is in the bottom 5% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
GBIAX (Nationwide Bond Index Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Nationwide Bond Index Fund (GBIAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Nationwide Bond Index Fund granted a 3.06% dividend yield in the last twelve months. The annual payout for that period amounted to $0.29 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.29 | $0.27 | $0.20 | $0.35 | $0.21 | $0.26 | $0.24 | $0.21 | $0.24 | $0.27 | $0.36 | $0.45 |
Dividend yield | 3.06% | 2.81% | 2.12% | 3.13% | 1.79% | 2.28% | 2.29% | 1.94% | 2.16% | 2.43% | 3.17% | 4.05% |
Monthly Dividends
The table displays the monthly dividend distributions for Nationwide Bond Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.09 | |||||||
2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.27 |
2022 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.20 |
2021 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.19 | $0.35 |
2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.24 |
2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.24 |
2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.08 | $0.27 |
2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.14 | $0.36 |
2013 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 | $0.45 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Nationwide Bond Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Nationwide Bond Index Fund was 19.77%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Nationwide Bond Index Fund drawdown is 13.46%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-19.77% | Aug 7, 2020 | 565 | Oct 24, 2022 | — | — | — |
-6.47% | Mar 10, 2020 | 8 | Mar 19, 2020 | 73 | Jul 2, 2020 | 81 |
-5.16% | Sep 10, 2008 | 37 | Oct 30, 2008 | 32 | Dec 16, 2008 | 69 |
-5.09% | May 3, 2013 | 86 | Sep 5, 2013 | 182 | May 28, 2014 | 268 |
-4.75% | Jun 16, 2003 | 42 | Aug 13, 2003 | 136 | Feb 27, 2004 | 178 |
Volatility
Volatility Chart
The current Nationwide Bond Index Fund volatility is 1.25%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.