Nationwide BNY Mellon Core Plus Bond ESG Fund (NWCIX)

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Nationwide BNY Mellon Core Plus Bond ESG Fund (NWCIX) is up 0.8% since the beginning of the year. NWCIX is currently trading at $9 per share. Investors who bought $1,000 worth of NWCIX shares 5 years ago would now be looking at an investment worth $1,016.

Nationwide BNY Mellon Core Plus Bond ESG Fund (NWCIX) has returned 0.83% so far this year and 5.20% over the past 12 months. Over the last ten years, NWCIX has returned 2.19% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Apr 22, 2013, NWCIX's average daily return is +0.01%, while the average monthly return is +0.20%. At this rate, an investment would double in approximately 28.9 years.

Historically, 61% of months were positive and 39% were negative. The best month was Nov 2023 with a return of +5.3%, while the worst month was Sep 2022 at -4.7%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.

On a daily basis, NWCIX closed higher 42% of trading days. The best single day was Nov 10, 2022 with a return of +2.1%, while the worst single day was Mar 18, 2020 at -2.5%.

Nationwide BNY Mellon Core Plus Bond ESG Fund has an annualized alpha of 2.15%, beta of 0.02, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since April 22, 2013.

• This fund participated in 21.10% of S&P 500 Index downside but only 15.59% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.02 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

NWCIX has an expense ratio of 0.46%, placing it in the medium range.

NWCIX ranks 31 for risk / return — below 31% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

Nationwide BNY Mellon Core Plus Bond ESG Fund provided a 5.17% dividend yield over the last twelve months, with an annual payout of $0.47 per share.

The table displays the monthly dividend distributions for Nationwide BNY Mellon Core Plus Bond ESG Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Nationwide BNY Mellon Core Plus Bond ESG 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 BNY Mellon Core Plus Bond ESG Fund was 18.98%, occurring on Oct 24, 2022. Recovery took 808 trading sessions.

The current Nationwide BNY Mellon Core Plus Bond ESG Fund drawdown is 1.00%.

The chart below shows the rolling one-month volatility.