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
US63867R8869
Dec 29, 1999
$2,000
Expense Ratio
GBIAX has an expense ratio of 0.64%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Nationwide Bond Index Fund (GBIAX) returned 1.80% year-to-date (YTD) and 5.36% over the past 12 months. Over the past 10 years, GBIAX returned 0.82% annually, underperforming the S&P 500 benchmark at 10.84%.
GBIAX
1.80%
-0.99%
0.62%
5.36%
0.64%
-1.60%
0.82%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.58% | 2.05% | 0.06% | 0.26% | -1.14% | 1.80% | |||||||
| 2024 | 0.08% | -1.52% | 0.53% | -2.24% | 1.67% | 0.64% | 2.53% | 1.14% | 1.53% | -2.59% | 0.73% | -1.46% | 0.90% |
| 2023 | 3.36% | -2.58% | 2.43% | 0.41% | -1.01% | -0.40% | -0.08% | -0.70% | -2.76% | -1.36% | 4.37% | 3.58% | 5.04% |
| 2022 | -2.10% | -1.23% | -2.90% | -3.91% | 0.72% | -1.61% | 2.22% | -2.62% | -4.40% | -1.30% | 3.65% | -0.94% | -13.78% |
| 2021 | -0.85% | -1.49% | -1.22% | 0.75% | -0.00% | 0.97% | 0.87% | -0.07% | -0.91% | -0.26% | 0.35% | -0.39% | -2.27% |
| 2020 | 1.86% | 1.73% | -0.68% | 1.63% | 0.42% | 0.57% | 1.50% | -1.03% | -0.03% | -0.54% | 0.99% | 0.05% | 6.60% |
| 2019 | 1.05% | -0.08% | 1.88% | -0.07% | 1.76% | 1.19% | 0.20% | 2.60% | -0.60% | 0.19% | -0.09% | -0.17% | 8.08% |
| 2018 | -1.19% | -1.03% | 0.56% | -0.74% | 0.57% | -0.19% | 0.01% | 0.57% | -0.64% | -0.83% | 0.49% | 1.73% | -0.73% |
| 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% | 2.90% |
| 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% | 1.96% |
| 2015 | 2.11% | -0.99% | 0.41% | -0.40% | -0.30% | -1.20% | 0.60% | -0.21% | 0.60% | 0.07% | -0.37% | -0.42% | -0.13% |
| 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% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GBIAX is 59, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
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.
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Dividends
Dividend History
Nationwide Bond Index Fund provided a 3.12% dividend yield over the last twelve months, with an annual payout of $0.30 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.30 | $0.29 | $0.27 | $0.20 | $0.35 | $0.21 | $0.26 | $0.25 | $0.21 | $0.24 | $0.27 | $0.36 |
Dividend yield | 3.12% | 3.08% | 2.82% | 2.13% | 3.14% | 1.79% | 2.27% | 2.30% | 1.94% | 2.17% | 2.43% | 3.17% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.03 | $0.02 | $0.03 | $0.03 | $0.00 | $0.10 | |||||||
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.29 |
| 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 | $0.02 | $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 | $0.02 | $0.01 | $0.02 | $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 | $0.25 |
| 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 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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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 19.75%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Nationwide Bond Index Fund drawdown is 9.76%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.75% | 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 | 87 | Sep 5, 2013 | 182 | May 28, 2014 | 269 |
| -4.75% | Jun 16, 2003 | 41 | Aug 13, 2003 | 136 | Feb 27, 2004 | 177 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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