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)
Registrants 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 |
Label | Element | Value | ||
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Risk/Return: | rr_RiskReturnAbstract | |||
Registrant Name | dei_EntityRegistrantName | NATIONWIDE MUTUAL FUNDS | ||
Prospectus Date | rr_ProspectusDate | Dec. 06, 2012 | ||
Nationwide Bond Fund
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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: |
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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. |
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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. |
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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. |
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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,) |
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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 |
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Performance Table Heading | rr_PerformanceTableHeading | Average Annual Total Returns For the Periods Ended December 31, 2011: |
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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. |
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Thirty Day Yield Phone | rr_ThirtyDayYieldPhone | 800-848-0920 | ||
Nationwide Bond Fund | Class A Shares
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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
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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
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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
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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
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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
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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
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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
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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.)
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Risk/Return: | rr_RiskReturnAbstract | |||
1 Year | rr_AverageAnnualReturnYear01 | 7.84% | ||
5 Years | rr_AverageAnnualReturnYear05 | 6.50% | ||
10 Years | rr_AverageAnnualReturnYear10 | 5.78% | ||
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