Nationwide Mutual Funds

0001193125-12-491775.txt : 20121205 0001193125-12-491775.hdr.sgml : 20121205 20121205130727 ACCESSION NUMBER: 0001193125-12-491775 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20121205 DATE AS OF CHANGE: 20121205 EFFECTIVENESS DATE: 20121205 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONWIDE MUTUAL FUNDS CENTRAL INDEX KEY: 0001048702 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-40455 FILM NUMBER: 121242819 BUSINESS ADDRESS: STREET 1: 1000 CONTINENTAL DRIVE STREET 2: SUITE 400 CITY: KING OF PRUSSIA STATE: PA ZIP: 19406 BUSINESS PHONE: 610-230-2864 MAIL ADDRESS: STREET 1: 1000 CONTINENTAL DRIVE STREET 2: SUITE 400 CITY: KING OF PRUSSIA STATE: PA ZIP: 19406 FORMER COMPANY: FORMER CONFORMED NAME: GARTMORE MUTUAL FUNDS DATE OF NAME CHANGE: 20020125 FORMER COMPANY: FORMER CONFORMED NAME: NATIONWIDE MUTUAL FUNDS DATE OF NAME CHANGE: 19991015 FORMER COMPANY: FORMER CONFORMED NAME: NATIONWIDE INVESTING FOUNDATION III DATE OF NAME CHANGE: 19971029

0001048702 S000037455 Nationwide Global Equity Fund

C000115634 Class A

C000115635 Class C

C000115636 Institutional Service Class

C000115637 Institutional Class

0001048702 S000037456 Nationwide High Yield Bond Fund

C000115638 Class A

C000115639 Class C

C000115640 Institutional Service Class

C000115641 Institutional Class

497 1 d433181d497.htm NATIONWIDE MUTUAL FUNDS Nationwide Mutual Funds

Law Offices

Stradley Ronon Stevens & Young, LLP

1250 Connecticut Avenue, NW, Suite 500

Washington, DC 20036

202.822.9611

Direct Dial - (202) 419-8416

1933 Act Rule 497(e)

1933 Act File No. 333-40455

1940 Act File No. 811-08495

December 5, 2012

VIA EDGAR

Filing Desk

U.S. Securities and Exchange Commission

100 F Street, NE

Washington, DC 20549

Re:

Nationwide Mutual Funds (the “Registrant”)

SEC File Nos. 333-40455 and 811-08495

Rule 497(e) filing

Ladies and Gentlemen:

Enclosed for filing pursuant to Rule 497(e) under the Securities Act of 1933, as amended, (the “1933 Act”) are exhibits containing interactive data format risk/return summary information that reflects the risk/return summary information in the Prospectus dated July 6, 2012, and revised as of November 19, 2012, relating to the Nationwide Global Equity Fund and Nationwide High Yield Bond Fund, series of the Registrant, as filed pursuant to Rule 497(e) under the 1933 Act on November 19, 2012 (Accession Number: 0001193125-12-475674).

Please direct questions or comments relating to this filing to me at the above-referenced telephone number.

Very truly yours,

/s/ Peter M. Hong

Peter M. Hong

EX-101.INS 2 nmf11-20121119.xml XBRL INSTANCE DOCUMENT 0001048702 nmf11:S000037456Member nmf11:C000115638Member 2011-07-07 2012-07-06 0001048702 nmf11:S000037456Member nmf11:C000115639Member 2011-07-07 2012-07-06 0001048702 nmf11:S000037456Member nmf11:C000115641Member 2011-07-07 2012-07-06 0001048702 nmf11:S000037456Member nmf11:C000115640Member 2011-07-07 2012-07-06 0001048702 nmf11:S000037455Member nmf11:C000115634Member 2011-07-07 2012-07-06 0001048702 nmf11:S000037455Member nmf11:C000115635Member 2011-07-07 2012-07-06 0001048702 nmf11:S000037455Member nmf11:C000115636Member 2011-07-07 2012-07-06 0001048702 nmf11:S000037455Member nmf11:C000115637Member 2011-07-07 2012-07-06 0001048702 nmf11:S000037456Member rr:AfterTaxesOnDistributionsMember nmf11:C000115641Member 2011-07-07 2012-07-06 0001048702 nmf11:S000037456Member rr:AfterTaxesOnDistributionsAndSalesMember nmf11:C000115641Member 2011-07-07 2012-07-06 0001048702 nmf11:S000037456Member nmf11:BofaMerrillLynchUsHighYieldCashPayConstrainedIndexMember 2011-07-07 2012-07-06 0001048702 nmf11:S000037456Member 2011-07-07 2012-07-06 0001048702 nmf11:S000037455Member rr:AfterTaxesOnDistributionsAndSalesMember nmf11:C000115637Member 2011-07-07 2012-07-06 0001048702 nmf11:S000037455Member rr:AfterTaxesOnDistributionsMember nmf11:C000115637Member 2011-07-07 2012-07-06 0001048702 nmf11:S000037455Member nmf11:MsciWorldFreeIndexMember 2011-07-07 2012-07-06 0001048702 nmf11:S000037455Member 2011-07-07 2012-07-06 0001048702 2011-07-07 2012-07-06 pure iso4217:USD 0.0425 0 0 0 0 0.0075 0 0 0.0575 0 0 0 0.01 0 0.0055 0.0055 0.0055 0.0055 0.0025 0.0075 0 0 0.0049 0.0039 0.0064 0.0039 0.0129 0.0169 0.0119 0.0094 -0.0019 -0.0019 -0.0019 -0.0019 0 0.011 0.015 0.01 0.0075 0 532 228 102 77 799 514 359 281 153 514 0.0075 0.0075 0.0075 0.0075 -0.0201 0.0119 0.0248 -0.0024 0.0161 0.0449 0.0248 0.0025 0.01 0 0 0.0441 0.0481 0.0557 0.0235 0.0278 0.0557 0.0743 0.0041 0.0031 0.0056 0.0031 0.0653 0.0726 0.0646 0.0398 0.042 0.0726 0.0866 0.0141 0.0106 0.0131 0.0206 -0.0011 -0.0011 -0.0011 -0.0011 0.013 0.0195 0.012 0.0095 -0.0078 0.2316 0.1335 0.0068 0.1025 0.0083 -0.2323 0.445 0.1441 0.0248 <div style="display:none">~ http://www.nationwide.com/role/ScheduleShareholderFeesNationwideHighYieldBondFund column period compact * ~</div> 700 298 122 97 985 635 404 326 198 635 <div style="display:none">~ http://www.nationwide.com/role/ScheduleAnnualFundOperatingExpensesNationwideHighYieldBondFund column period compact * ~</div> <div style="display:none">~ http://www.nationwide.com/role/ScheduleExpenseExampleTransposedNationwideHighYieldBondFund column period compact * ~</div> -0.1554 <div style="display:none">~ http://www.nationwide.com/role/ScheduleExpenseExampleNoRedemptionTransposedNationwideHighYieldBondFund column period compact * ~</div> 0.2957 0.1426 0.0715 0.1776 0.0371 -0.4069 0.4537 0.1061 -0.1184 <div style="display:none">~ http://www.nationwide.com/role/ScheduleAnnualTotalReturnsNationwideHighYieldBondFundBarChart column period compact * ~</div> <div style="display:none">~ http://www.nationwide.com/role/ScheduleAverageAnnualTotalReturnsTransposedNationwideHighYieldBondFund column period compact * ~</div> -0.1717 -0.1361 -0.1184 -0.0742 -0.1172 -0.1184 -0.0554 -0.0417 -0.0376 -0.027 -0.0322 -0.0246 -0.027 -0.0237 0.0215 0.0324 0.0232 0.0281 0.0263 0.0324 0.0362 Total return 2012-09-30 0.1291 Best quarter 2009-06-30 0.2601 Worst quarter 2008-12-31 -0.2299 <div style="display:none">~ http://www.nationwide.com/role/ScheduleShareholderFeesNationwideGlobalEquityFund column period compact * ~</div> <div style="display:none">~ http://www.nationwide.com/role/ScheduleAnnualFundOperatingExpensesNationwideGlobalEquityFund column period compact * ~</div> <div style="display:none">~ http://www.nationwide.com/role/ScheduleExpenseExampleTransposedNationwideGlobalEquityFund column period compact * ~</div> <div style="display:none">~ http://www.nationwide.com/role/ScheduleExpenseExampleNoRedemptionTransposedNationwideGlobalEquityFund column period compact * ~</div> <div style="display:none">~ http://www.nationwide.com/role/ScheduleAnnualTotalReturnsNationwideGlobalEquityFundBarChart column period compact * ~</div> <div style="display:none">~ http://www.nationwide.com/role/ScheduleAverageAnnualTotalReturnsTransposedNationwideGlobalEquityFund column period compact * ~</div> NATIONWIDE MUTUAL FUNDS 0001048702 Other 2012-06-30 false 2012-11-19 2012-11-19 2012-07-06 FUND SUMMARY: NATIONWIDE HIGH YIELD BOND FUND Objective The Fund seeks to provide high current income, as well as capital growth when consistent with high current income. Fees and Expenses This table describes the fees and expenses you may pay when buying and holding shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in Nationwide Funds. More information about these and other discounts is available from your financial professional and in “Investing with Nationwide Funds” commencing on page 17 of this Prospectus and in “Additional Information on Purchases and Sales” commencing on page 61 of the Statement of Additional Information. Shareholder Fees (paid directly from your investment) Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Portfolio Turnover The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year of the predecessor fund (June 30, 2012), the portfolio turnover rate was 50% of the average value of its portfolio. See the section entitled “Performance” for more information about the predecessor fund. Example This Example is intended to help you to compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. It assumes a 5% return each year and no change in expenses. Although your actual costs may be higher or lower, based on these assumptions your costs would be: You would pay the following expenses on the same investment if you did not sell your shares: Principal Investment Strategies The Fund invests in a portfolio of higher-yielding, lower-rated fixed-income securities issued by foreign and U.S. companies. Under normal conditions, the Fund invests at least 80% of its net assets (plus borrowings for investment purposes, if any) in high-yield bonds. High-yield bonds are lower-rated or non-investment grade, and often are referred to as “junk bonds.” Such securities are considered to be of poorer quality and predominantly speculative. High-yield bonds generally offer investors higher interest rates as a way to help compensate for the fact that the issuer is at greater risk of default. The Fund may invest in fixed-income securities of any maturity, but generally invests in securities having an initial maturity of more than one year. Investments in fixed-income securities may include, but are not limited to, mortgage-backed securities and asset-backed securities. Up to 25% of the Fund’s total assets may be invested in foreign securities, which may include securities of issuers in emerging market countries. The Fund may also invest in currency futures and forward foreign currency exchange contracts, which are derivatives, in order to hedge against international currency exposure. In addition, these derivatives may be used for investment (non-hedging) purposes to earn income, to enhance returns, to replace more traditional direct investments, to obtain exposure to certain markets, or to establish net short positions for individual currencies. The Fund invests in securities that the subadviser expects will appreciate in value as a result of declines in long-term interest rates or favorable developments affecting the business or prospects of the issuer which may improve the issuer’s financial condition and credit rating. In selecting securities, the subadviser uses a quantitative and qualitative credit review process that assesses the ways in which macroeconomic forces (such as inflation, risk premiums and interest rates), as well as certain quantitative factors, such as historical operating results, calculation of credit ratios and expected future outlook, may affect industry trends. Against the output of this model, the subadviser considers the viability of specific debt securities, assessing management strength, market position, competitive environment and financial flexibility. Principal Risks The Fund cannot guarantee that it will achieve its investment objective. As with any fund, the value of the Fund’s investments—and therefore, the value of Fund shares—may fluctuate. These changes may occur because of: Interest rate risk – generally, when interest rates go up, the value of fixed-income securities goes down. Credit risk – a bond issuer may be unable to pay the interest or principal when due. If an issuer defaults, the Fund may lose money. This risk is particularly high for high-yield bonds. Changes in a bond issuer’s credit rating or the market’s perception of an issuer’s creditworthiness may also affect the value of a bond. High-yield bonds risk – investing in high-yield bonds and other lower-rated bonds will subject the Fund to substantial risk of loss. Liquidity risk – is the risk that a security cannot be sold, or cannot be sold quickly, at an acceptable price. Foreign securities risk – foreign securities may be more volatile, harder to price and less liquid than U.S. securities. The prices of foreign securities may be further affected by other factors, such as changes in the exchange rates between the U.S. dollar and the currencies in which the securities are traded. Emerging markets risk – a magnification of the risks that apply to all foreign investments. These risks are greater for securities of companies in emerging market countries because the countries may have less stable governments, more volatile currencies and less established markets. Prepayment and call risk – certain bonds will be paid off by the issuer more quickly than anticipated. If this happens, the Fund may be required to invest the proceeds in securities with lower yields. Extension risk – when interest rates rise, certain bond obligations will be paid in full by the issuer more slowly than anticipated. This can cause the market value of the security to fall because the market may view its interest rate as low for a longer-term investment. Mortgage-backed and asset-backed securities risks –through its investments in mortgage-backed securities, the Fund may have some exposure to subprime loans, as well as to the mortgage and credit markets generally. Subprime loans, which are loans made to borrowers with weakened credit histories, have had in many cases higher default rates than loans that meet government underwriting requirements. The credit quality of most asset-backed securities depends primarily on the credit quality of the assets underlying such securities, how well the entity issuing the security is insulated from the credit risk of the originator or any other affiliated entities, and the amount and quality of any credit enhancement of the securities. Derivatives risk – the Fund’s investments in currency futures and forward foreign currency exchange contracts (collectively, “currency contracts”) may involve a small investment relative to the amount of risk assumed. To the extent the Fund enters into these transactions, its success will depend on the subadviser’s ability to predict market movements, and their use may have the opposite effect of that intended. Risks include potential loss due to the imposition of controls by a government on the exchange of foreign currencies, the loss of any premium paid to enter into the transaction, delivery failure, default by the other party, or inability to close out a position because the trading market becomes illiquid. Derivatives may involve leverage, which means that their use can significantly magnify the effect of price movements of the underlying currency or reference measures, disproportionately increasing the Fund’s losses and reducing the Fund’s opportunities for gains. Some derivatives have the potential for unlimited loss, including a loss that may be greater than the amount invested. Currency contracts may reduce the risk of loss from a change in the value of a currency, but they also limit any potential gains and do not protect against fluctuations in the value of the underlying bond. In addition to these risks, the Fund’s portfolio managers may select securities that underperform the stock market, the Fund’s benchmark or other mutual funds with similar investment objectives and strategies. If the value of the Fund’s investments goes down, you may lose money. Performance The returns presented for the Fund reflect the performance of the UBS High Yield Fund, a former series of The UBS Funds (the “Predecessor Fund”). The Fund has adopted the performance of the Predecessor Fund as the result of a reorganization in which the Fund acquired all of the assets, subject to the liabilities, of the Predecessor Fund. The Fund and the Predecessor Fund have substantially similar investment goals and strategies. The following bar chart and table can help you evaluate the Fund’s potential risks. The bar chart shows how the Predecessor Fund’s annual total returns have varied from year to year. These returns do not reflect the impact of sales charges. If the applicable sales charges were included, the annual total returns would be lower than those shown. The table compares the Predecessor Fund’s average annual total returns to the returns of a broad-based securities index. Remember, however, that past performance (before and after taxes) is not necessarily indicative of how the Fund will perform in the future. Updated performance information is available at no cost by visiting www.nationwide.com/mutualfunds or by calling 800-848-0920. Please call 800-848-0920 for the Fund’s current 30-day yield. Annual Total Returns – Institutional Class Shares (Years Ended December 31,) Total return January 1 – September 30, 2012:       11.60% Best quarter during calendar years shown – 2Q 2009:       19.58% Worst quarter during calendar years shown – 4Q 2008:       -16.49% Average Annual Total Returns For the Periods Ended December 31, 2011 February 28, 2014 You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in Nationwide Funds. 100000 “Other Expenses” are based on estimated amounts for the current fiscal year. 800-848-0920 www.nationwide.com/mutualfunds These returns do not reflect the impact of sales charges. If the applicable sales charges were included, the annual total returns would be lower than those shown. After-tax returns are shown in the table for Institutional Class shares only and will vary for other classes. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. After-tax returns are not relevant to investors in tax-deferred arrangements, such as individual retirement accounts, 401(k) plans or certain other employer-sponsored retirement plans. Remember, however, that past performance (before and after taxes) is not necessarily indicative of how the Fund will perform in the future. The following bar chart and table can help you evaluate the Fund’s potential risks. The bar chart shows how the Predecessor Fund’s annual total returns have varied from year to year. 800-848-0920 If the value of the Fund’s investments goes down, you may lose money. Total return 2012-09-30 0.116 Best quarter 2009-06-30 0.1958 Worst quarter 2008-12-31 -0.1649 FUND SUMMARY: NATIONWIDE GLOBAL EQUITY FUND Objective The Fund seeks to maximize total return, consisting of capital appreciation and current income. Fees and Expenses This table describes the fees and expenses you may pay when buying and holding shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Nationwide Funds. More information about these and other discounts is available from your financial professional and in “Investing with Nationwide Funds” commencing on page 17 of this Prospectus and in “Additional Information on Purchases and Sales” commencing on page 61 of the Statement of Additional Information. Shareholder Fees (paid directly from your investment) Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Portfolio Turnover The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year of the predecessor fund (June 30, 2012), the portfolio turnover rate was 77% of the average value of its portfolio. See the section entitled “Performance” for more information about the predecessor fund. Example This Example is intended to help you to compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. It assumes a 5% return each year and no change in expenses. Although your actual costs may be higher or lower, based on these assumptions your costs would be: You would pay the following expenses on the same investment if you did not sell your shares: Principal Investment Strategies Under normal circumstances, the Fund invests at least 80% of its net assets (plus borrowings for investment purposes, if any) in equity securities. Investments in equity securities may include, but are not limited to, dividend paying securities, common stock and preferred stock of U.S. and foreign issuers, although the Fund is not limited to purchasing dividend-paying securities only, and may invest in stocks that provide little to no dividend income, but which offer the potential for capital growth. The Fund purchases stocks of U.S. and foreign companies of any size, including small-cap and mid-cap companies and which are located in either developed countries or emerging market countries. The Fund may also invest in currency futures and forward foreign currency exchange contracts, which are derivatives, in order to hedge against international currency exposure. In addition, these derivatives may be used for investment (non-hedging) purposes to earn income, to enhance returns, to replace more traditional direct investments, to obtain exposure to certain markets, or to establish net short positions for individual currencies. The Fund’s subadviser, on behalf of the Fund, intends to diversify broadly among countries, but reserves the right to invest a substantial portion of the Fund’s assets in one or more countries if economic and business conditions warrant such investments. The Fund invests its assets in investments that are tied economically to a number of countries throughout the world, including the United States. In the global universe, the subadviser uses a disciplined price-to-intrinsic value approach that seeks to take advantage of pricing anomalies in markets. In selecting securities, the subadviser focuses on, among other things, identifying discrepancies between a security’s fundamental value and its market price. The Fund generally considers selling a security when it reaches a target price, fails to perform as expected, or when other opportunities appear more attractive. Principal Risks The Fund cannot guarantee that it will achieve its investment objective. As with any fund, the value of the Fund’s investments—and therefore, the value of Fund shares—may fluctuate. These changes may occur because of: Stock market risk – the Fund could lose value if the individual stocks in which it invests or overall stock markets in which such stocks trade go down. Foreign securities risk – foreign securities may be more volatile, harder to price and less liquid than U.S. securities. The prices of foreign securities may be further affected by other factors, such as changes in the exchange rates between the dollar and the currencies in which the securities are traded. Emerging markets risk – a magnification of the risks that apply to all foreign investments. These risks are greater for securities of companies in emerging market countries because the countries may have less stable governments, more volatile currencies and less established markets. Country risk – if the Fund emphasizes one or more countries, it may be more susceptible to the financial, market, political or economic events affecting the particular issuers and industries participating in such countries than funds that do not emphasize particular countries. Preferred stock risk – a preferred stock may decline in price, or fail to pay dividends when expected, because the issuer experiences a decline in its financial status. Preferred stocks often behave like debt securities, but have a lower payment priority than the issuer’s bonds or other debt securities. Therefore, they may be subject to greater credit risk than those of debt securities. Preferred stocks also may be significantly less liquid than many other securities, such as corporate debt or common stock. Smaller company risk – smaller companies are usually less stable in price and less liquid than are larger, more established companies. Smaller companies are more vulnerable than larger companies to adverse business and economic developments and may have more limited resources. Therefore, they generally involve greater risk. Derivatives risk – the Fund's investments in currency futures and forward foreign currency exchange contracts (collectively, "currency contracts") may involve a small investment relative to the amount of risk assumed. To the extent the Fund enters into these transactions, its success will depend on the subadviser's ability to predict market movements, and their use may have the opposite effect of that intended. Risks include potential loss due to the imposition of controls by a government on the exchange of foreign currencies, the loss of any premium paid to enter into the transaction, delivery failure, default by the other party, or inability to close out a position because the trading market becomes illiquid. Derivatives may involve leverage, which means that their use can significantly magnify the effect of price movements of the underlying currency or reference measures, disproportionately increasing the Fund's losses and reducing the Fund's opportunities for gains. Some derivatives have the potential for unlimited loss, including a loss that may be greater than the amount invested. Currency contracts may reduce the risk of loss from a change in the value of a currency, but they also limit any potential gains and do not protect against fluctuations in the value of the underlying stock. In addition to these risks, the Fund's portfolio managers may select securities that underperform the stock market, the Fund's benchmark or other mutual funds with similar investment objectives and strategies. If the value of the Fund's investments goes down, you may lose money. Total return January 1 – September 30, 2012:         12.91% Best quarter during calendar years shown – 2Q 2009:         26.01% Worst quarter during calendar years shown – 4Q 2008:         -22.99% Annual Total Returns – Institutional Class Shares (Years Ended December 31,) Performance The returns presented for the Fund reflect the performance of the UBS Global Equity Fund, a former series of The UBS Funds (the "Predecessor Fund"). The Fund has adopted the performance of the Predecessor Fund as the result of a reorganization in which the Fund acquired all of the assets, subject to the liabilities, of the Predecessor Fund. The Fund and the Predecessor Fund have substantially similar investment goals and strategies. The following bar chart and table can help you evaluate the Fund's potential risks. The bar chart shows how the Predecessor Fund's annual total returns have varied from year to year. These returns do not reflect the impact of sales charges. If the applicable sales charges were included, the annual total returns would be lower than those shown. The table compares the Predecessor Fund's average annual total returns to the returns of a broad-based securities index. Remember, however, that past performance (before and after taxes) is not necessarily indicative of how the Fund will perform in the future. Updated performance information is available at no cost by visiting www.nationwide.com/mutualfunds or by calling 800-848-0920. After-tax returns are shown in the table for Institutional Class shares only and will vary for other classes. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. Your actual after-tax return depends on your personal tax situation and may differ from what is shown here. After-tax returns are not relevant to investors in tax-deferred arrangements, such as individual retirement accounts, 401(k) plans or certain other employer-sponsored retirement plans. Institutional Service Class shares have not completed a year of performance as of the date of this Prospectus. Pre-inception historical performance for Institutional Service Class shares is based on the previous performance of Institutional Class shares. Average Annual Total Returns For the Periods Ended December 31, 2011 February 28, 2014 You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Nationwide Funds. 50000 “Other Expenses” are based on estimated amounts for the current fiscal year. If the value of the Fund's investments goes down, you may lose money. The bar chart shows how the Predecessor Fund's annual total returns have varied from year to year. 800-848-0920 www.nationwide.com/mutualfunds Remember, however, that past performance (before and after taxes) is not necessarily indicative of how the Fund will perform in the future. These returns do not reflect the impact of sales charges. If the applicable sales charges were included, the annual total returns would be lower than those shown. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. After-tax returns are not relevant to investors in tax-deferred arrangements, such as individual retirement accounts, 401(k) plans or certain other employer-sponsored retirement plans. After-tax returns are shown in the table for Institutional Class shares only and will vary for other classes. After-tax returns are shown in the table for Institutional Class shares only and will vary for other classes. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. Your actual after-tax return depends on your personal tax situation and may differ from what is shown here. After-tax returns are not relevant to investors in tax-deferred arrangements, such as individual retirement accounts, 401(k) plans or certain other employer-sponsored retirement plans. Institutional Service Class shares have not completed a year of performance as of the date of this Prospectus. Pre-inception historical performance for Institutional Service Class shares is based on the previous performance of Institutional Class shares. 0.77 0.5 "Other Expenses" are based on estimated amounts for the current fiscal year. Nationwide Mutual Funds (the "Trust") and Nationwide Fund Advisors (the "Adviser") have entered into a written contract limiting operating expenses to 0.95% until at least February 28, 2014. Under the expense limitation agreement, the level to which operating expenses are limited applies to all share classes, excluding any taxes, interest, brokerage commissions, Rule 12b-1 fees, short-sale dividend expenses, administrative services fees, other expenses which are capitalized in accordance with generally accepted accounting principles and expenses incurred by the Fund in connection with any merger or reorganization, and may exclude other non-routine expenses not incurred in the ordinary course of the Fund's business. The expense limitation agreement may be changed or eliminated at any time but only with the consent of the Board of Trustees of the Trust. The Trust is authorized to reimburse the Adviser for management fees previously waived and/or for expenses previously paid by the Adviser, provided, however, that any reimbursements must be paid at a date not more than three years after the fiscal year in which the Adviser waived the fees or reimbursed the expenses and the reimbursements do not cause the Fund to exceed the expense limitation that was in place at the time the Adviser waived the fees or reimbursed the expenses. Information about administrative services fees can be found in "Investing with Nationwide Funds" on page 20 of this Prospectus. Nationwide Mutual Funds (the "Trust") and Nationwide Fund Advisors (the "Adviser") have entered into a written contract limiting operating expenses to 0.75% until at least February 28, 2014. Under the expense limitation agreement, the level to which operating expenses are limited applies to all share classes, excluding any taxes, interest, brokerage commissions, Rule 12b-1 fees, short-sale dividend expenses, administrative services fees, other expenses which are capitalized in accordance with generally accepted accounting principles and expenses incurred by the Fund in connection with any merger or reorganization, and may exclude other non-routine expenses not incurred in the ordinary course of the Fund's business. The expense limitation agreement may be changed or eliminated at any time but only with the consent of the Board of Trustees of the Trust. The Trust is authorized to reimburse the Adviser for management fees previously waived and/or for expenses previously paid by the Adviser, provided, however, that any reimbursements must be paid at a date not more than three years after the fiscal year in which the Adviser waived the fees or reimbursed the expenses and the reimbursements do not cause the Fund to exceed the expense limitation that was in place at the time the Adviser waived the fees or reimbursed the expenses. Information about administrative services fees can be found in "Investing with Nationwide Funds" on page 20 of this Prospectus. Prior to September 30, 2003, Class C shares were subject to a maximum front-end sales charge of 1.00%; this front-end sales charge is not reflected in the average annual total returns presented for the Class C shares shown above. EX-101.SCH 3 nmf11-20121119.xsd XBRL TAXONOMY EXTENSION SCHEMA 000013 - Schedule - Annual Fund Operating Expenses {- Nationwide Global Equity Fund} link:calculationLink link:presentationLink link:definitionLink 000029 - Disclosure - Risk/Return Detail Data {Elements} - Nationwide High Yield Bond Fund link:presentationLink link:calculationLink link:definitionLink 000028 - Document - Risk/Return Detail {Unlabeled} - Nationwide High Yield Bond Fund link:presentationLink link:calculationLink link:definitionLink 000027 - Schedule - Average Annual Total Returns {Transposed} {- Nationwide High Yield Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000026 - Schedule - Annual Total Returns - Nationwide High Yield Bond Fund [BarChart] link:presentationLink link:calculationLink link:definitionLink 000025 - Schedule - Expense Example, No Redemption {Transposed} {- Nationwide High Yield Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000024 - Schedule - Expense Example {Transposed} {- Nationwide High Yield Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000023 - Schedule - Annual Fund Operating Expenses {- Nationwide High Yield Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000022 - Schedule - Shareholder Fees {- Nationwide High Yield Bond Fund} link:presentationLink link:calculationLink link:definitionLink 000021 - Document - Risk/Return Summary {Unlabeled} - Nationwide High Yield Bond Fund link:presentationLink link:calculationLink link:definitionLink 000019 - Disclosure - Risk/Return Detail Data {Elements} - Nationwide Global Equity Fund link:presentationLink link:calculationLink link:definitionLink 000018 - Document - Risk/Return Detail {Unlabeled} - Nationwide Global Equity Fund link:presentationLink link:calculationLink link:definitionLink 000017 - Schedule - Average Annual Total Returns {Transposed} {- Nationwide Global Equity Fund} link:presentationLink link:calculationLink link:definitionLink 000016 - Schedule - Annual Total Returns - Nationwide Global Equity Fund [BarChart] link:presentationLink link:calculationLink link:definitionLink 000015 - Schedule - Expense Example, No Redemption {Transposed} {- Nationwide Global Equity Fund} link:presentationLink link:calculationLink link:definitionLink 000014 - Schedule - Expense Example {Transposed} {- Nationwide Global Equity Fund} link:presentationLink link:calculationLink link:definitionLink 000012 - Schedule - Shareholder Fees {- Nationwide Global Equity Fund} link:presentationLink link:calculationLink link:definitionLink 000011 - Document - Risk/Return Summary {Unlabeled} - Nationwide Global Equity Fund link:presentationLink link:calculationLink link:definitionLink 000000 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 4 nmf11-20121119_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 5 nmf11-20121119_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 6 nmf11-20121119_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Net Expenses (as a percentage of Assets) Total Annual Fund Operating Expenses After Waivers/Reimbursements Total Annual Fund Operating Expenses After Waivers/Reimbursements Expenses (as a percentage of Assets) Total Annual Fund Operating Expenses Total Annual Fund Operating Expenses Management Fees (as a percentage of Assets) Management Fees Distribution and Service (12b-1) Fees Distribution and/or Service (12b-1) Fees Distribution or Similar (Non 12b-1) Fees Other Expenses (as a percentage of Assets): Other Expenses Component1 Other Expenses Component2 Other Expenses Component3 Other Expenses Acquired Fund Fees and Expenses Fee Waiver or Reimbursement Fee Waiver/Expense Reimbursement Fee Waiver/Expense Reimbursement Prospectus: Document [Axis] Prospectus Series [Axis] Series S000037456 [Member] Nationwide High Yield Bond Fund Nationwide High Yield Bond Fund. Performance Measure [Axis] Before Taxes After Taxes on Distributions After Taxes on Distributions After Taxes on Distributions and Sales After Taxes on Distributions and Sales of Shares Bofa Merrill Lynch Us High Yield Cash Pay Constrained Index. Bofa Merrill Lynch Us High Yield Cash Pay Constrained Index [Member] BofA Merrill Lynch US High Yield Cash Pay Constrained Index (The Index does not pay sales charges, fees or expenses.) Share Class [Axis] Share Classes C000115638 [Member] Class A shares Class A. Class A Shares C000115639 [Member] Class C shares Class C. Class C Shares C000115641 [Member] Institutional Class shares Institutional Class. Institutional Class Shares C000115640 [Member] Institutional Service Class shares Institutional Service Class. Institutional Service Class Shares Risk/Return: Maximum Sales Charge (Load) imposed on purchases (as a percentage of offering price) Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) Maximum Deferred Sales Charge (Load) (as a percentage of offering or sale price, whichever is less) Maximum Deferred Sales Charge (as a percentage of Offering Price) 1 Year Expense Example, with Redemption, 1 Year 3 Years Expense Example, with Redemption, 3 Years 1 Year Expense Example, No Redemption, 1 Year 3 Years Expense Example, No Redemption, 3 Years 2002 Annual Return 2002 2003 Annual Return 2003 2004 Annual Return 2004 2005 Annual Return 2005 2006 Annual Return 2006 2007 Annual Return 2007 2008 Annual Return 2008 2009 Annual Return 2009 2010 Annual Return 2010 2011 Annual Return 2011 1 Year 1 Year 5 Years 5 Years 10 Years 10 Years Registrant Name Prospectus Date Risk/Return [Heading] Objective [Heading] Objective, Primary [Text Block] Objective, Secondary [Text Block] Expense [Heading] Expense Narrative [Text Block] Shareholder Fees Caption [Text] Shareholder Fees Column [Text] Maximum Cumulative Sales Charge (as a percentage of Offering Price) Maximum Cumulative Sales Charge (as a percentage) Maximum Deferred Sales Charge (as a percentage) Maximum Sales Charge on Reinvested Dividends and Distributions (as a percentage) Redemption Fee (as a percentage of Amount Redeemed) Redemption Fee (as a percentage of Amount Redeemed) Redemption Fee Redemption Fee Exchange Fee (as a percentage of Amount Redeemed) Exchange Fee Maximum Account Fee (as a percentage of Assets) Maximum Account Fee Shareholder Fee, Other Operating Expenses Caption [Text] Operating Expenses Column [Text] Fee Waiver or Reimbursement over Assets, Date of Termination Portfolio Turnover [Heading] Portfolio Turnover [Text Block] Portfolio Turnover, Rate Expense Footnotes [Text Block] Expenses Deferred Charges [Text Block] Expenses Range of Exchange Fees [Text Block] Expense Breakpoint Discounts [Text] Expense Breakpoint, Minimum Investment Required [Amount] Expense Exchange Traded Fund Commissions [Text] Expenses Represent Both Master and Feeder [Text] Expenses Explanation of Nonrecurring Account Fee [Text] Other Expenses, New Fund, Based on Estimates [Text] Acquired Fund Fees and Expenses, Based on Estimates [Text] Expenses Other Expenses Had Extraordinary Expenses Been Included [Text] Expenses Restated to Reflect Current [Text] Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] Expense Example [Heading] Expense Example by Year [Heading] Expense Example Narrative [Text Block] Expense Example by, Year, Caption [Text] Expense Example, with Redemption, 5 Years 5 Years Expense Example, with Redemption, 10 Years 10 Years Expense Example, No Redemption Narrative [Text Block] Expense Example, No Redemption, By Year, Caption [Text] Expense Example, No Redemption, 5 Years 5 Years Expense Example, No Redemption, 10 Years 10 Years Expense Example Footnotes [Text Block] Expense Example Closing [Text Block] Strategy [Heading] Strategy Narrative [Text Block] Strategy Portfolio Concentration [Text] Risk [Heading] Risk Narrative [Text Block] Risk Footnotes [Text Block] Risk Closing [Text Block] Risk Lose Money [Text] Risk Nondiversified Status [Text] Risk Money Market Fund [Text] Risk Not Insured Depository Institution [Text] Risk Caption Risk Column [Text] Risk [Text] Bar Chart and Performance Table [Heading] Performance Narrative [Text Block] Performance Information Illustrates Variability of Returns [Text] Performance One Year or Less [Text] Performance Additional Market Index [Text] Performance Availability Phone [Text] Performance Availability Website Address [Text] Performance Past Does Not Indicate Future [Text] Bar Chart [Heading] Bar Chart Narrative [Text Block] Bar Chart Does Not Reflect Sales Loads [Text] Annual Return Caption [Text] Caption Annual Return, Column [Text] Column Annual Return, Inception Date Inception Date Annual Return 1990 Annual Return 1991 Annual Return 1992 Annual Return 1993 Annual Return 1994 Annual Return 1995 Annual Return 1996 Annual Return 1997 Annual Return 1998 Annual Return 1999 Annual Return 2000 Annual Return 2001 Annual Return 2012 Annual Return 2013 Annual Return 2014 Annual Return 2015 Annual Return 2016 Annual Return 2017 Annual Return 2018 Annual Return 2019 Annual Return 2020 Bar Chart Footnotes [Text Block] Bar Chart Closing [Text Block] Bar Chart, Reason Selected Class Different from Immediately Preceding Period [Text] Bar Chart, Returns for Class Not Offered in Prospectus [Text] Year to Date Return, Label Bar Chart, Year to Date Return, Date Bar Chart, Year to Date Return Highest Quarterly Return, Label Label Highest Quarterly Return, Date Highest Quarterly Return Lowest Quarterly Return, Label Label Lowest Quarterly Return, Date Lowest Quarterly Return Performance Table Heading Performance Table Does Reflect Sales Loads Performance Table Market Index Changed Index No Deduction for Fees, Expenses, Taxes [Text] EX-101.PRE 7 nmf11-20121119_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE