Nationwide Loomis Short Term Bond Fund (NWJVX)

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Nationwide Loomis Short Term Bond Fund (NWJVX) is up 1.0% since the beginning of the year. NWJVX is currently trading at $10 per share. Investors who bought $1,000 worth of NWJVX shares 5 years ago would now be looking at an investment worth $1,141.

Nationwide Loomis Short Term Bond Fund (NWJVX) has returned 0.96% so far this year and 4.37% over the past 12 months. Over the last ten years, NWJVX has returned 2.66% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.

Based on dividend-adjusted daily data since Nov 5, 2004, NWJVX's average daily return is +0.01%, while the average monthly return is +0.14%. At this rate, an investment would double in approximately 41.3 years.

Historically, 60% of months were positive and 40% were negative. The best month was Nov 2018 with a return of +27.6%, while the worst month was Dec 2018 at -21.2%. The longest winning streak lasted 16 consecutive months, and the longest losing streak was 6 months.

On a daily basis, NWJVX closed higher 26% of trading days. The best single day was Nov 30, 2018 with a return of +27.7%, while the worst single day was Dec 3, 2018 at -21.5%.

Nationwide Loomis Short Term Bond Fund has an annualized alpha of 1.71%, beta of -0.00, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since November 08, 2004.

• This fund participated in 11.64% of S&P 500 Index downside but only 9.97% of its upside - more exposed to losses than it benefited from rallies.
• Beta of -0.00 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.

NWJVX has an expense ratio of 0.49%, placing it in the medium range.

NWJVX ranks 81 for risk / return — in the top 81% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Nationwide Loomis Short Term Bond Fund (NWJVX) and compare them to S&P 500 Index.

Nationwide Loomis Short Term Bond Fund provided a 4.19% dividend yield over the last twelve months, with an annual payout of $0.42 per share.

The table displays the monthly dividend distributions for Nationwide Loomis Short Term Bond 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 Loomis Short Term Bond 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 Loomis Short Term Bond Fund was 21.61%, occurring on Dec 11, 2018. Recovery took 1812 trading sessions.

The chart below shows the rolling one-month volatility.