EX-28.d.3.a

EXHIBIT A

INVESTMENT ADVISORY AGREEMENT

BETWEEN

NATIONWIDE FUND ADVISORS AND NATIONWIDE MUTUAL FUNDS

Effective September 18, 2015

As amended January 1, 2021*

Funds of the Trust	Advisory Fees
Nationwide Emerging Markets Debt Fund	0.70% of average daily net assets
Nationwide Amundi Global High Yield Fund	0.64% on assets up to $500 million; and 0.62% on assets of $500 million and more
Nationwide Amundi Strategic Income Fund	0.56% of average daily net assets
Nationwide International Small Cap Fund	0.95% on assets up to $500 million; 0.925% on assets of $500 million and more but less than $1 billion; and 0.90% on assets of $1 billion and more
Nationwide Loomis All Cap Growth Fund	0.80% on assets up to $1 billion; and 0.775% on assets of $1 billion and more
Nationwide Multi-Cap Portfolio	0.23% on assets up to $1.5 billion; 0.21% on assets of $1.5 billion and more but less than $3 billion; and 0.19% on assets of $3 billion and more
Nationwide AllianzGI International Growth Fund	0.70% on assets up to $1 billion; and 0.67% on assets of $1 billion and more
Nationwide Mellon Disciplined Value Fund	0.60% on assets up to $1 billion; and 0.575% on assets of $1 billion and more
Nationwide Bond Portfolio	0.265% on assets up to $500 million; 0.255% on assets of $500 million and more but less than $1 billion; and 0.245% on assets of $1 billion and more
Nationwide GQG US Quality Equity Fund	0.45% on assets up to $1 billion; and 0.42% on assets of $1 billion and more

* As approved at the Board of Trustees Meeting held on December 16-18, 2020.

IN WITNESS WHEREOF, the parties have executed this Amended Exhibit A on the day and year first written above.

NATIONWIDE FUND ADVISORS
By:	/s/ Michael S. Spangler
Name:	Michael S. Spangler
Title:	President

NATIONWIDE MUTUAL FUNDS
By:	/s/ Michael S. Spangler
Name:	Michael S. Spangler
Title:	President

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