0001193125-12-507678.txt : 20121219 0001193125-12-507678.hdr.sgml : 20121219 20121219110140 ACCESSION NUMBER: 0001193125-12-507678 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20121219 DATE AS OF CHANGE: 20121219 EFFECTIVENESS DATE: 20121219 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: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-08495 FILM NUMBER: 121273424 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 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: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 333-40455 FILM NUMBER: 121273425 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 S000004971 Nationwide Bond Fund C000013445 Class A NBDAX C000013446 Class B GBDBX C000013447 Class C GBDCX C000013448 Institutional Service Class MUIBX C000013449 Class R2 GBDRX C000120823 Institutional Class 485BPOS 1 d409594d485bpos.htm NATIONWIDE MUTUAL FUNDS Nationwide Mutual Funds

AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON DECEMBER 19, 2012

1933 Act File No. 333-40455

1940 Act File No. 811-08495

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM N-1A

REGISTRATION STATEMENT

UNDER

  THE SECURITIES ACT OF 1933    x
  Post-Effective Amendment No. 141    x
  and/or   
 

REGISTRATION STATEMENT

UNDER

THE INVESTMENT COMPANY ACT OF 1940

  
  Amendment No. 142    x

(Check appropriate box or boxes)

 

 

NATIONWIDE MUTUAL FUNDS

(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)

 

 

1000 CONTINENTAL DRIVE, SUITE 400

KING OF PRUSSIA, PENNSYLVANIA 19406

(ADDRESS OF PRINCIPAL EXECUTIVE OFFICE) (ZIP CODE)

Registrant’s Telephone Number, including Area Code: (610) 230-1300

 

 

Send Copies of Communications to:

 

ALLAN J. OSTER, ESQ.   BARBARA A. NUGENT, ESQ.
1000 CONTINENTAL DRIVE, SUITE 400   STRADLEY RONON STEVENS & YOUNG, LLP
KING OF PRUSSIA, PENNSYLVANIA 19406   2600 ONE COMMERCE SQUARE
  PHILADELPHIA, PENNSYLVANIA 19103
(NAME AND ADDRESS OF AGENT FOR SERVICE)  

 

 

It is proposed that this filing will become effective: (check appropriate box)

x immediately upon filing pursuant to paragraph (b)
¨ on [date] pursuant to paragraph (b)
¨ 60 days after filing pursuant to paragraph (a)(1)
¨ on [date] pursuant to paragraph (a)(1)
¨ 75 days after filing pursuant to paragraph (a)(2)
¨ on [date] pursuant to paragraph (a)(2) of rule 485.

If appropriate, check the following box:

¨ This post-effective amendment designated a new effective date for a previously filed post-effective amendment.

 

 

 


SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, Nationwide Mutual Funds (a Delaware Statutory Trust) certifies that it meets all of the requirements for effectiveness of this registration statement under Rule 485(b) under the Securities Act of 1933 and has duly caused this Post-Effective Amendment Nos. 141, 142 to the Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the Township of Upper Merion, and Commonwealth of Pennsylvania, on this 19th day of December, 2012.

 

NATIONWIDE MUTUAL FUNDS

BY:

 

/s/ Allan J. Oster

  Allan J. Oster, Attorney-In-Fact for Registrant

PURSUANT TO THE REQUIREMENTS OF THE SECURITIES ACT OF 1933, THIS POST-EFFECTIVE AMENDMENT NOS. 141, 142 TO THE REGISTRATION STATEMENT OF NATIONWIDE MUTUAL FUNDS HAS BEEN SIGNED BELOW BY THE FOLLOWING PERSONS IN THE CAPACITIES INDICATED ON THE 19TH DAY OF DECEMBER, 2012.

 

Signature & Title
Principal Executive Officer

/s/ Michael S. Spangler*

Michael S. Spangler, President and

Chief Executive Officer

Principal Accounting and Financial Officer

/s/ Joseph Finelli*

Joseph Finelli, Treasurer and Chief Financial Officer

/s/ Charles E. Allen*

Charles E. Allen, Trustee

/s/ Paula H.J. Cholmondeley*

Paula H.J. Cholmondeley, Trustee

/s/ C. Brent Devore*

C. Brent Devore, Trustee

/s/ Phyllis Kay Dryden*

Phyllis Kay Dryden, Trustee

/s/ Barbara L. Hennigar*

Barbara L. Hennigar, Trustee

/s/ Barbara I. Jacobs*

Barbara I. Jacobs, Trustee

/s/ Keith F. Karlawish*

Keith F. Karlawish, Trustee

/s/ Douglas F. Kridler*

Douglas F. Kridler, Trustee

/s/ David C. Wetmore*

David C. Wetmore, Trustee and Chairman

*BY:

 

/s/ Allan J. Oster

  Allan J. Oster, Attorney-In Fact

 


INDEX TO EXHIBITS

 

Exhibit No.

  

Exhibit

EX-101.INS    XBRL Instance Document
EX-101.SCH    XBRL Taxonomy Extension Schema Document
EX-101.CALC    XBRL Taxonomy Extension Calculation Linkbase
EX-101.DEF    XBRL Taxonomy Extension Definition Linkbase
EX-101.LAB    XBRL Taxonomy Extension Labels Linkbase
EX-101.PRE    XBRL Taxonomy Extension Presentation Linkbase
EX-101.INS 2 nmf12-20121206.xml XBRL INSTANCE DOCUMENT 0001048702 2011-12-07 2012-12-06 0001048702 nmf12:S000004971Member 2011-12-07 2012-12-06 0001048702 nmf12:S000004971Member nmf12:C000013445Member 2011-12-07 2012-12-06 0001048702 nmf12:S000004971Member nmf12:C000013446Member 2011-12-07 2012-12-06 0001048702 nmf12:S000004971Member nmf12:C000013447Member 2011-12-07 2012-12-06 0001048702 nmf12:S000004971Member nmf12:C000013449Member 2011-12-07 2012-12-06 0001048702 nmf12:S000004971Member nmf12:C000120823Member 2011-12-07 2012-12-06 0001048702 nmf12:S000004971Member nmf12:C000013448Member 2011-12-07 2012-12-06 0001048702 nmf12:S000004971Member rr:AfterTaxesOnDistributionsMember nmf12:C000013448Member 2011-12-07 2012-12-06 0001048702 nmf12:S000004971Member rr:AfterTaxesOnDistributionsAndSalesMember nmf12:C000013448Member 2011-12-07 2012-12-06 0001048702 nmf12:S000004971Member nmf12:BarclaysCapitalUsAggregateBondIndexMember 2011-12-07 2012-12-06 pure iso4217:USD 2012-12-06 485BPOS NATIONWIDE MUTUAL FUNDS 0001048702 2012-12-06 2012-12-06 false 2011-10-31 <b>FUND SUMMARY:</b> NATIONWIDE BOND FUND <b>Objective</b> The Fund seeks as high a level of current income as is consistent with preserving capital. <b>Fees and Expenses </b> 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 &#8220;Investing with Nationwide Funds&#8221; commencing on page 10 of this Prospectus and in &#8220;Additional Information on Purchases and Sales&#8221; commencing on page 78 of the Statement of Additional Information. <b>Shareholder Fees</b> (paid directly from your investment) 0.0425 0 0 0 0 0 0 0.05 0.01 0 0 0 <b>Annual Fund Operating Expenses</b> (expenses that you pay each year as a percentage of the value of your investment) 0.005 0.005 0.005 0.005 0.005 0.005 0.0025 0.01 0.01 0.005 0 0 0.0043 0.0038 0.0038 0.0053 0.0038 0.0042 0.0118 0.0188 0.0188 0.0153 0.0088 0.0092 -0.0033 -0.0033 -0.0033 -0.0033 -0.0033 -0.0033 0.0085 0.0155 0.0155 0.012 0.0055 0.0059 <b>Example</b> 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.<br/><br/>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: 508 658 258 122 508 56 753 859 559 451 699 248 1016 1186 986 803 906 455 1768 1905 2174 1795 1501 1054 You would pay the following expenses on the same investment if you did not sell your shares: 158 158 559 559 986 986 1905 2174 <b>Portfolio Turnover</b> The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; 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&#8217;s performance. During the fiscal year ending October 31, 2011, the Fund&#8217;s portfolio turnover rate was 56.39% of the average value of its portfolio. <b>Principal Investment Strategies</b> <b>Principal Risks</b> The Fund cannot guarantee that it will achieve its investment objective.<br/><br/>As with any fund, the value of the Fund&#8217;s investments&#8212;and therefore, the value of Fund shares&#8212;may fluctuate. These changes may occur because of:<br/><br/><b>Interest rate risk </b>&#8211; generally, when interest rates go up, the value of fixed-income securities goes down. Prices of longer-term securities generally change more in response to interest rate changes than prices of shorter-term securities. To the extent a Fund invests a substantial portion of its assets in fixed-income securities with longer-term maturities, rising interest rates are more likely to cause the value of the Fund&#8217;s investments to decline significantly.<br/><br/><b>Credit risk </b>&#8211; 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&#8217;s credit rating or the market&#8217;s perception of an issuer&#8217;s creditworthiness may also affect the value of a bond.<br/><br/><b>Liquidity risk </b>&#8211; is the risk that a security cannot be sold, or cannot be sold quickly, at an acceptable price.<br/><br/><b>Prepayment and call risk </b>&#8211; 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.<br/><br/><b>Extension risk </b>&#8211; when interest rates rise, certain bond obligations, such as mortgage-backed securities, 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.<br/><br/><b>Mortgage-backed securities risk </b>&#8211; mortgage-backed securities are generally subject to the same types of risk that apply to other fixed-income securities, such as interest rate risk and credit risk, and are subject to prepayment and call risk and extension risk. 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.<br/><br/><b>High-yield bonds risk </b>&#8211; investing in high-yield bonds and other lower-rated bonds will subject the Fund to substantial risk of loss.<br/><br/><b>Foreign securities risk </b>&#8211; foreign securities may be more volatile, harder to price and less liquid than U.S. securities.<br/><br/>In addition to these risks, the Fund&#8217;s portfolio managers may select securities that underperform the bond market, the Fund&#8217;s benchmark or other mutual funds with similar investment objectives and strategies. If the value of the Fund&#8217;s investments goes down, you may lose money. <b>Performance</b> The following bar chart and table can help you evaluate the Fund&#8217;s potential risks. The bar chart shows how the Fund&#8217;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 Fund&#8217;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.<br/><br/>Please call 800-848-0920 for the Fund&#8217;s current 30-day yield. <b>Annual Total Returns &#8211; Institutional Service Class Shares</b><br/><b>(Years Ended December 31,)</b> 0.0927 0.0639 0.0483 0.0313 0.044 0.061 -0.0463 0.1597 0.0811 0.0661 <b>Best Quarter:&nbsp;&nbsp;&nbsp;6.49% &#150; 3rd qtr. of 2009</b><br/><b>Worst Quarter:&nbsp;&nbsp;&nbsp;-2.80% &#150; 2nd qtr. of 2004</b> After-tax returns are shown in the table for Institutional Service Class shares (formerly known as Class D 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.<br/><br/>The inception dates for the Class B, Class C and Class R2 shares are September 4, 2003, September 4, 2003 and October 1, 2003, respectively. Institutional Class shares have not commenced operations as of the date of this Prospectus. Pre-inception historical performance for Class B and Class C shares is based on the previous performance of Class X and Class Y shares, respectively (neither of which are still offered by the Fund). Pre-inception historical performance for Class R2 and Institutional Class shares is based on the previous performance of Institutional Service Class shares. Performance for these classes has been adjusted to reflect differences in sales charges between classes, but not differing expenses. Performance returns for Institutional Service Class shares (formerly Class D shares) reflect a front-end sales charge of 4.50%. This front-end sales charge was eliminated effective August 1, 2012, at which time the former Class D shares were redesignated as Institutional Service Class shares. <b>Average Annual Total Returns</b><br/><b>For the Periods Ended December 31, 2011: </b> 0.0178 0.005 0.0461 0.0184 0.0008 0.0152 0.0661 0.0598 0.0784 0.05 0.0488 0.0521 0.0525 0.0342 0.0345 0.0623 0.0557 0.065 0.0516 0.0493 0.0493 0.0541 0.0359 0.0356 0.059 0.0541 0.0578 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 If the value of the Fund&#8217;s investments goes down, you may lose money. 800-848-0920 www.nationwide.com/mutualfunds The bar chart shows how the Fund&#8217;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. Remember, however, that past performance (before and after taxes) is not necessarily indicative of how the Fund will perform in the future. After-tax returns are shown in the table for Institutional Service Class shares (formerly known as Class D 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. <b>Best Quarter:</b> <b>Worst Quarter</b> 2009-09-30 0.0649 2004-06-30 -0.028 <div style="display:none">~ http://www.nationwide.com/role/ScheduleShareholderFeesNationwideBondFund column period compact * ~</div> <div style="display:none">~ http://www.nationwide.com/role/ScheduleAnnualFundOperatingExpensesNationwideBondFund column period compact * ~</div> <div style="display:none">~ http://www.nationwide.com/role/ScheduleExpenseExampleTransposedNationwideBondFund column period compact * ~</div> <div style="display:none">~ http://www.nationwide.com/role/ScheduleExpenseExampleNoRedemptionTransposedNationwideBondFund column period compact * ~</div> <div style="display:none">~ http://www.nationwide.com/role/ScheduleAnnualTotalReturnsNationwideBondFundBarChart column period compact * ~</div> <div style="display:none">~ http://www.nationwide.com/role/ScheduleAverageAnnualTotalReturnsTransposedNationwideBondFund column period compact * ~</div> 0.5639 Under normal circumstances, the Fund invests at least 80% of its net assets in a wide variety of investment grade fixed-income securities, such as corporate bonds, U.S. government securities, mortgage-backed securities, and commercial paper. The Fund may also invest in high-yield (i.e., &#8220;junk&#8221;) bonds, as well as foreign government and corporate bonds that are denominated in U.S. dollars. The Fund seeks to achieve its objective by investing in securities offering the highest level of expected income while simultaneously minimizing market price fluctuations. In selecting securities, the subadviser typically maintains an average portfolio duration of three to seven years.<br/><br/>The subadviser seeks value and may sell a security to take advantage of more favorable opportunities. The subadviser also may sell a bond as it gets closer to its maturity in order to maintain the Fund&#8217;s target duration and achieve an attractive total return. 800-848-0920 2003-09-04 2003-09-04 2003-10-01 Nationwide Mutual Funds (the "Trust") and Nationwide Fund Advisors (the "Adviser") have entered into a written contract limiting operating expenses to 0.55% 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. More information about administrative services fees can be found in "Investing with Nationwide Funds" on page 14 of this Prospectus. 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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName NATIONWIDE MUTUAL FUNDS
Prospectus Date rr_ProspectusDate Dec. 06, 2012
Nationwide Bond Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading FUND SUMMARY: NATIONWIDE BOND FUND
Objective [Heading] rr_ObjectiveHeading Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Fund seeks as high a level of current income as is consistent with preserving capital.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock 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 10 of this Prospectus and in “Additional Information on Purchases and Sales” commencing on page 78 of the Statement of Additional Information.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination February 28, 2014
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock 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 fiscal year ending October 31, 2011, the Fund’s portfolio turnover rate was 56.39% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 56.39%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts 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.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 100,000
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock 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:
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption You would pay the following expenses on the same investment if you did not sell your shares:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock Under normal circumstances, the Fund invests at least 80% of its net assets in a wide variety of investment grade fixed-income securities, such as corporate bonds, U.S. government securities, mortgage-backed securities, and commercial paper. The Fund may also invest in high-yield (i.e., “junk”) bonds, as well as foreign government and corporate bonds that are denominated in U.S. dollars. The Fund seeks to achieve its objective by investing in securities offering the highest level of expected income while simultaneously minimizing market price fluctuations. In selecting securities, the subadviser typically maintains an average portfolio duration of three to seven years.

The subadviser seeks value and may sell a security to take advantage of more favorable opportunities. The subadviser also may sell a bond as it gets closer to its maturity in order to maintain the Fund’s target duration and achieve an attractive total return.
Risk [Heading] rr_RiskHeading Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock 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. Prices of longer-term securities generally change more in response to interest rate changes than prices of shorter-term securities. To the extent a Fund invests a substantial portion of its assets in fixed-income securities with longer-term maturities, rising interest rates are more likely to cause the value of the Fund’s investments to decline significantly.

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.

Liquidity risk – is the risk that a security cannot be sold, or cannot be sold quickly, at an acceptable price.

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, such as mortgage-backed securities, 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 securities risk – mortgage-backed securities are generally subject to the same types of risk that apply to other fixed-income securities, such as interest rate risk and credit risk, and are subject to prepayment and call risk and extension risk. 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.

High-yield bonds risk – investing in high-yield bonds and other lower-rated bonds will subject the Fund to substantial risk of loss.

Foreign securities risk – foreign securities may be more volatile, harder to price and less liquid than U.S. securities.

In addition to these risks, the Fund’s portfolio managers may select securities that underperform the bond 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.
Risk Lose Money [Text] rr_RiskLoseMoney If the value of the Fund’s investments goes down, you may lose money.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The following bar chart and table can help you evaluate the Fund’s potential risks. The bar chart shows how the 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 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.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart shows how the Fund’s annual total returns have varied from year to year.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 800-848-0920
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.nationwide.com/mutualfunds
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Remember, however, that past performance (before and after taxes) is not necessarily indicative of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Annual Total Returns – Institutional Service Class Shares
(Years Ended December 31,)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads 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.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock Best Quarter:   6.49% – 3rd qtr. of 2009
Worst Quarter:   -2.80% – 2nd qtr. of 2004
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns
For the Periods Ended December 31, 2011:
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred 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.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown in the table for Institutional Service Class shares (formerly known as Class D shares) only and will vary for other classes.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock After-tax returns are shown in the table for Institutional Service Class shares (formerly known as Class D 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.

The inception dates for the Class B, Class C and Class R2 shares are September 4, 2003, September 4, 2003 and October 1, 2003, respectively. Institutional Class shares have not commenced operations as of the date of this Prospectus. Pre-inception historical performance for Class B and Class C shares is based on the previous performance of Class X and Class Y shares, respectively (neither of which are still offered by the Fund). Pre-inception historical performance for Class R2 and Institutional Class shares is based on the previous performance of Institutional Service Class shares. Performance for these classes has been adjusted to reflect differences in sales charges between classes, but not differing expenses. Performance returns for Institutional Service Class shares (formerly Class D shares) reflect a front-end sales charge of 4.50%. This front-end sales charge was eliminated effective August 1, 2012, at which time the former Class D shares were redesignated as Institutional Service Class shares.
Thirty Day Yield Phone rr_ThirtyDayYieldPhone 800-848-0920
Nationwide Bond Fund | Class A Shares
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 4.25%
Maximum Deferred Sales Charge (Load) (as a percentage of offering or sale price, whichever is less) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees rr_ManagementFeesOverAssets 0.50%
Distribution and/or Service (12b-1) Fee rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.43%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.18%
Amount of Fee Waiver/Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.33%) [1]
Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement rr_NetExpensesOverAssets 0.85%
1 Year rr_ExpenseExampleYear01 508
3 Years rr_ExpenseExampleYear03 753
5 Years rr_ExpenseExampleYear05 1,016
10 Years rr_ExpenseExampleYear10 1,768
1 Year rr_AverageAnnualReturnYear01 1.78%
5 Years rr_AverageAnnualReturnYear05 5.00%
10 Years rr_AverageAnnualReturnYear10 5.16%
Nationwide Bond Fund | Class B Shares
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of offering or sale price, whichever is less) rr_MaximumDeferredSalesChargeOverOfferingPrice 5.00%
Management Fees rr_ManagementFeesOverAssets 0.50%
Distribution and/or Service (12b-1) Fee rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.38%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.88%
Amount of Fee Waiver/Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.33%) [1]
Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement rr_NetExpensesOverAssets 1.55%
1 Year rr_ExpenseExampleYear01 658
3 Years rr_ExpenseExampleYear03 859
5 Years rr_ExpenseExampleYear05 1,186
10 Years rr_ExpenseExampleYear10 1,905
1 Year rr_ExpenseExampleNoRedemptionYear01 158
3 Years rr_ExpenseExampleNoRedemptionYear03 559
5 Years rr_ExpenseExampleNoRedemptionYear05 986
10 Years rr_ExpenseExampleNoRedemptionYear10 1,905
1 Year rr_AverageAnnualReturnYear01 0.50%
5 Years rr_AverageAnnualReturnYear05 4.88%
10 Years rr_AverageAnnualReturnYear10 4.93%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 04, 2003
Nationwide Bond Fund | Class C Shares
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of offering or sale price, whichever is less) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00%
Management Fees rr_ManagementFeesOverAssets 0.50%
Distribution and/or Service (12b-1) Fee rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.38%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.88%
Amount of Fee Waiver/Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.33%) [1]
Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement rr_NetExpensesOverAssets 1.55%
1 Year rr_ExpenseExampleYear01 258
3 Years rr_ExpenseExampleYear03 559
5 Years rr_ExpenseExampleYear05 986
10 Years rr_ExpenseExampleYear10 2,174
1 Year rr_ExpenseExampleNoRedemptionYear01 158
3 Years rr_ExpenseExampleNoRedemptionYear03 559
5 Years rr_ExpenseExampleNoRedemptionYear05 986
10 Years rr_ExpenseExampleNoRedemptionYear10 2,174
1 Year rr_AverageAnnualReturnYear01 4.61%
5 Years rr_AverageAnnualReturnYear05 5.21%
10 Years rr_AverageAnnualReturnYear10 4.93%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 04, 2003
Nationwide Bond Fund | Institutional Service Class Shares
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of offering or sale price, whichever is less) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees rr_ManagementFeesOverAssets 0.50%
Distribution and/or Service (12b-1) Fee rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.42%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.92%
Amount of Fee Waiver/Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.33%) [1]
Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement rr_NetExpensesOverAssets 0.59%
1 Year rr_ExpenseExampleYear01 508
3 Years rr_ExpenseExampleYear03 699
5 Years rr_ExpenseExampleYear05 906
10 Years rr_ExpenseExampleYear10 1,501
2002 rr_AnnualReturn2002 9.27%
2003 rr_AnnualReturn2003 6.39%
2004 rr_AnnualReturn2004 4.83%
2005 rr_AnnualReturn2005 3.13%
2006 rr_AnnualReturn2006 4.40%
2007 rr_AnnualReturn2007 6.10%
2008 rr_AnnualReturn2008 (4.63%)
2009 rr_AnnualReturn2009 15.97%
2010 rr_AnnualReturn2010 8.11%
2011 rr_AnnualReturn2011 6.61%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 6.49%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2004
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (2.80%)
1 Year rr_AverageAnnualReturnYear01 1.84%
5 Years rr_AverageAnnualReturnYear05 5.25%
10 Years rr_AverageAnnualReturnYear10 5.41%
Nationwide Bond Fund | Class R2 Shares
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of offering or sale price, whichever is less) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees rr_ManagementFeesOverAssets 0.50%
Distribution and/or Service (12b-1) Fee rr_DistributionAndService12b1FeesOverAssets 0.50%
Other Expenses rr_OtherExpensesOverAssets 0.53%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.53%
Amount of Fee Waiver/Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.33%) [1]
Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement rr_NetExpensesOverAssets 1.20%
1 Year rr_ExpenseExampleYear01 122
3 Years rr_ExpenseExampleYear03 451
5 Years rr_ExpenseExampleYear05 803
10 Years rr_ExpenseExampleYear10 1,795
1 Year rr_AverageAnnualReturnYear01 5.98%
5 Years rr_AverageAnnualReturnYear05 5.57%
10 Years rr_AverageAnnualReturnYear10 5.41%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 2003
Nationwide Bond Fund | Institutional Class Shares
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of offering or sale price, whichever is less) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees rr_ManagementFeesOverAssets 0.50%
Distribution and/or Service (12b-1) Fee rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.38%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.88%
Amount of Fee Waiver/Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.33%) [1]
Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement rr_NetExpensesOverAssets 0.55%
1 Year rr_ExpenseExampleYear01 56
3 Years rr_ExpenseExampleYear03 248
5 Years rr_ExpenseExampleYear05 455
10 Years rr_ExpenseExampleYear10 1,054
1 Year rr_AverageAnnualReturnYear01 6.61%
5 Years rr_AverageAnnualReturnYear05 6.23%
10 Years rr_AverageAnnualReturnYear10 5.90%
Nationwide Bond Fund | After Taxes on Distributions | Institutional Service Class Shares
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.08%
5 Years rr_AverageAnnualReturnYear05 3.42%
10 Years rr_AverageAnnualReturnYear10 3.59%
Nationwide Bond Fund | After Taxes on Distributions and Sales of Shares | Institutional Service Class Shares
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 1.52%
5 Years rr_AverageAnnualReturnYear05 3.45%
10 Years rr_AverageAnnualReturnYear10 3.56%
Nationwide Bond Fund | Barclays Capital U.S. Aggregate Bond Index (The Index does not pay sales charges, fees, expenses or taxes.)
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.84%
5 Years rr_AverageAnnualReturnYear05 6.50%
10 Years rr_AverageAnnualReturnYear10 5.78%
[1] Nationwide Mutual Funds (the "Trust") and Nationwide Fund Advisors (the "Adviser") have entered into a written contract limiting operating expenses to 0.55% 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. More information about administrative services fees can be found in "Investing with Nationwide Funds" on page 14 of this Prospectus.
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