The Fund seeks as high a level of current income as is consistent with preserving capital.
Under normal circumstances, the Fund invests at least 80% of its net assets in U.S. government securities and U.S. government agency securities. Many of these securities include mortgage-backed securities. The Fund's subadviser seeks to achieve the Fund’s objective by investing in securities offering the highest level of expected income while simultaneously minimizing market price fluctuations.
Joel S. Buck and Gary R. Hunt, CFA are responsible for the day-to-day management of the Fund, including selection of the Fund's investments.
Nationwide Fund Distributors LLC is an affiliate of Nationwide Asset Management, LLC.