The Fund seeks to provide a high level of current income while preserving capital and minimizing fluctuations in share value. Under normal circumstances, the Fund invests at least 80% of its assets in investment-grade corporate bonds, U.S. government securities, and mortgage-backed and asset-backed securities. These securities may pay interest on either a fixed-rate or variable-rate basis.
E. Jack Montgomery, CFA, is responsible for the day-to-day management of the Nationwide Short Duration Bond Fund. Jeffrey Klein, David Wines and Gregory Lugosi support Mr. Montgomery in the day-to-day management of the Fund.