Nationwide HighMark National Intermediate Tax Free Bond Fund

Mutual Fund Details From Nationwide

Overview

Investment Objective & Strategy

The Fund seeks to provide high current income that is exempt from federal income tax.

The Fund invests primarily in municipal bonds and notes of states, territories and possessions of the United States that are exempt from federal income tax.

Under normal market conditions, the Fund will invest at least 80% of its net assets in bonds (or fixed income securities) the income from which is exempt from federal income tax. This policy is fundamental and will not be changed without shareholder approval.

Under normal market conditions, the Fund will invest at least 65% of its net assets in municipal securities. This policy is nonfundamental and may be changed without shareholder approval.

Portfolio Management

HighMark Cap. Mgmt Inc.

Robert Bigelow, Raymond Mow and David Wines are responsible for the day-to-day management of the Fund.