Nationwide Enhanced Income Instl

The investment seeks a high level of current income while preserving capital and minimizing fluctuations in share value.
The fund invests primarily in investment grade corporate bonds, U.S. government securities, and mortgage-backed and asset-backed securities. In choosing securities, the subadviser attempts to identify securities that, in its opinion, offer the best combination of yield, maturity and relative price performance, based on anticipated changes in interest rates and the price relationships among various types of fixed-income securities. It is managed so that its duration will be between six months and one year, and will not exceed two years.

Key stats

Management firm  Nationwide
Domicile  United States
Fund Administrator  J. P. Morgan Chase Bank, N.A.
Global Branding Name  Nationwide
Fund Status  OBSOLETE
Fund currency  USD
Launch Date  1999-12-29
Obsolete Date  2014-10-10
ISIN  US63867R6707
Manager 1 Name  Jeffrey Klein
Manager 2 Name  Gregory Lugosi
Fund Strategy  Ultrashort Bond
Benchmark  BofAML US Treasury Bill 6 Mon TR USD
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-09-30
Return - 1 Month  -0.10%
Return - 2 Months  -0.08 %
Return - 3 Months  -0.05%
Return - 6 Months  0.03 %
Return - 9 months  0.22 %
Return - 12 Months  0.52%
Annualized return 24 months  0.34 %
Annualized return 36 months  0.47 %
Annualized return 48 months  0.43 %
Annualized return 60 months  0.58 %
Return 120 months  2.08 %
Annualized return since Inception  2.26%
Return YTD  0.22%

Ratings

Morning Star Rating Date   2014-09-30
Morning Star Rating - 36 Months  fund has a 2 star rating fund has a 2 star rating
Morning Star Rating - 60 Months  fund has a 2 star rating fund has a 2 star rating
Morning Star Rating - 120 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating
Morning Star Rating - Overall  fund has a 2 star rating fund has a 2 star rating

Charges

Minimum Investment  $1,000,000
Maximum Managment Charge  0.35 %

Contact

Contact name  Unknown
Contact Address  Nationwide
Contact Address 2  One Nationwide Plaza
Contact city  Columbus
Contact country  United States
Fund Admin Group  Nationwide
Web Address  www.nationwide.com/mutualfunds
Custodian  J. P. Morgan Chase Bank, N.A.
Phone  800-848-0920

Price

Last Price Date  2014-10-10
Pre-tax nav  8.88

Funds Disclaimer

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For fund additions and/or data corrections please contact dataquestions@morningstar.com

Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
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