Nationwide HighMark Bond Fund

Mutual Fund Details From Nationwide

Overview

Investment Objective & Strategy

The Fund seeks total return through investments in fixed-income securities.

Under normal market conditions, the Fund invests primarily in bonds (or fixed income securities) which include:

  • U.S. government securities.
  • Corporate debt securities issued by U.S. or foreign companies that are in the four highest rating categories of nationally recognized rating agencies such as Moody’s or S&P (“investment grade”).
  • Investment-grade fixed income securities backed by the interest and principal payments of various types of mortgages, known as mortgage-backed securities.
  • Investment-grade fixed income securities backed by the interest and principal payments on loans for other types of assets, such as automobiles, houses, or credit cards, known as asset-backed securities.

Portfolio Management

HighMark Cap. Mgmt Inc.

E. Jack Montgomery, Jeffrey Klein, Gregory Lugosi and David Wines are responsible for the day-to-day management of the Fund.