Investment objective & strategy
As of April 17, 2025 · prospectusObjective. The NVIT Bond Index Fund seeks to match the performance of the Bloomberg U.S. Aggregate Bond Index (Aggregate Bond Index) as closely as possible before the deduction of Fund expenses.
Strategy. The Fund employs a passive management, or indexing, approach, which seeks to match approximately the performance of the Aggregate Bond Index before the deduction of Fund expenses. The Aggregate Bond Index represents a wide spectrum of U.S. dollar-denominated, investment grade debt securities, including corporate bonds, U.S. government securities and other debt instruments of domestic and foreign issuers, as well as asset-backed securities and mortgage-backed securities. Some of these securities may be purchased with delayed delivery. Under normal circumstances, the Fund invests at least 80% of its net assets in a statistically selected sampling of bonds and other debt securities that are included in or correlated with the Aggregate Bond Index. The Fund does not necessarily invest in all of the … The Fund employs a passive management, or indexing, approach, which seeks to match approximately the performance of the Aggregate Bond Index before the deduction of Fund expenses. The Aggregate Bond Index represents a wide spectrum of U.S. dollar-denominated, investment grade debt securities, including corporate bonds, U.S. government securities and other debt instruments of domestic and foreign issuers, as well as asset-backed securities and mortgage-backed securities. Some of these securities may be purchased with delayed delivery. Under normal circumstances, the Fund invests at least 80% of its net assets in a statistically selected sampling of bonds and other debt securities that are included in or correlated with the Aggregate Bond Index. The Fund does not necessarily invest in all of the securities included in the Aggregate Bond Index or in the same weightings. The Fund may invest in bonds not included in the Aggregate Bond Index, which are selected to reflect characteristics such as maturity, duration, or credit quality similar to the Aggregate Bond Index. The Fund also may trade securities in segments of the portfolio to the extent necessary to closely mirror the duration of corresponding segments of the Aggregate Bond Index. As a result, the Fund may have different levels of interest rate, credit or prepayment risks from the levels of risks of the Aggregate Bond Index. In addition, the Fund may have a higher portfolio turnover rate than that of other index funds.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| Treasury Repurchase Agreement | — | $17.00M | 1.50% |
| US TREASURY N/B | — | $9.60M | 0.85% |
| US TREASURY N/B | — | $9.29M | 0.82% |
| US TREASURY N/B | — | $8.37M | 0.74% |
| US TREASURY N/B | — | $7.63M | 0.67% |
| US TREASURY N/B | — | $7.33M | 0.65% |
| US TREASURY N/B | — | $7.32M | 0.64% |
| US TREASURY N/B | — | $6.87M | 0.61% |
| US TREASURY N/B | — | $6.76M | 0.60% |
| US TREASURY N/B | — | $6.69M | 0.59% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| iShares Core U.S. Aggregate Bond ETF · AGG | 43% | 0.03% |
| U.S. Total Bond Index Master Portfolio | 43% | — |
| iShares Intermediate Government/Credit Bond ETF · GVI | 42% | 0.20% |
Advisers
| Firm | Role |
|---|---|
| BlackRock Investment Management, LLC | Sub-adviser |
| Nationwide Fund Advisors | Adviser |
Footnotes
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
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