Nationwide Short Duration Bond Fund
Investments Resource Center
Nationwide Short Duration Bond Fund
Investment Objective
Seeks to provide a high level of current income while preserving capital and minimizing fluctuations in share value.
Investment Strategy
Under normal circumstances, the Fund invests primarily in U.S. government securities, U.S. government agency securities, and corporate bonds that are investment grade. The Fund also may purchase mortgage-backed securities and asset-backed securities, and may invest in fixed-income securities that pay interest on either a fixed-rate or variable-rate basis.
Portfolio Management
Morley Capital Management, Inc., Subadviser
Perpetua M. Phillips and Paul Rocheleau are responsible for the
day-to-day management of the Fund, including selection of the Fund's
investments.
Nationwide Fund Distributors LLC is not affiliated with Morley Capital
Management, Inc.
Additional Information
You must have Adobe®Reader® to access the following documents.
Fund Facts Prospectus Statement of Additional Information
Shareholder reports: January Semi-Annual July Annual
Top Holdings (all classes) as of 10/30/2009
View all holdings as of 10/30/2009 | 09/30/2009 | 08/31/2009
| Holding | Percent |
|---|---|
| UNITED STATES TREAS NTS 1.375% 15/MAY/2012 | 13.37% |
| UNITED STATES TREAS NTS 04.75% 15/FEB/2010 | 7.49% |
| UNITED STATES TREAS NTS 02.000% 30/SEP/2010 | 4.50% |
| FEDERAL HOME LOAN MORTGAGE CORP 2.875% BDS | 3.00% |
| LB-UBS COMMERCIAL MORTGAGE TRUST SER 2005-C5 CL A2 | 2.97% |
| FEDERAL HOME LOAN MORTGAGE CORP 2.875% SNR MTN | 2.27% |
| FEDERAL NATIONAL MORTGAGE ASSOC 2.875% NTS | 2.27% |
| UNITED STATES OF AMER TREAS NOTES 1.375% TB | 2.23% |
| WACHOVIA BANK COMMERCIAL MORTGAGE TRUST 2006-C2 | 1.96% |
| FANNIE MAE 2004-80 LG-RCR 4.000% 25/OCT/2016 | 1.88% |
| Holding | Ticker | Security No | Shares | Market Value | Percent |
|---|---|---|---|---|---|
| UNITED STATES TREAS NTS 1.375% 15/MAY/2012 | N/A | 912828KP4 | 9,000,000 | 9,039,375.00 | 13.37% |
| UNITED STATES TREAS NTS 04.75% 15/FEB/2010 | N/A | 912828GG9 | 5,000,000 | 5,065,625.00 | 7.49% |
| UNITED STATES TREAS NTS 02.000% 30/SEP/2010 | N/A | 912828JL5 | 3,000,000 | 3,044,298.00 | 4.50% |
| FEDERAL HOME LOAN MORTGAGE CORP 2.875% BDS | N/A | 3137EABG3 | 2,000,000 | 2,025,930.00 | 3.00% |
| LB-UBS COMMERCIAL MORTGAGE TRUST SER 2005-C5 CL A2 | N/A | 52108H6T6 | 2,000,000 | 2,007,853.60 | 2.97% |
| FEDERAL HOME LOAN MORTGAGE CORP 2.875% SNR MTN | N/A | 3137EABV0 | 1,500,000 | 1,536,511.50 | 2.27% |
| FEDERAL NATIONAL MORTGAGE ASSOC 2.875% NTS | N/A | 31398ATZ5 | 1,500,000 | 1,533,981.00 | 2.27% |
| UNITED STATES OF AMER TREAS NOTES 1.375% TB | N/A | 912828KC3 | 1,500,000 | 1,509,843.00 | 2.23% |
| WACHOVIA BANK COMMERCIAL MORTGAGE TRUST 2006-C2 | N/A | 92977QAB4 | 1,300,000 | 1,323,094.76 | 1.96% |
| FANNIE MAE 2004-80 LG-RCR 4.000% 25/OCT/2016 | N/A | 31394BKP8 | 1,243,624 | 1,270,964.79 | 1.88% |
| HONDA AUTO RECEIVABLES OWNER TRUST 2006-3 A-4 | N/A | 43812RAD0 | 1,140,000 | 1,162,391.65 | 1.72% |
| WACHOVIA COMMERCIAL MORTGAGE TRUST 2005-C17 A2 | N/A | 929766B85 | 1,070,007 | 1,071,538.38 | 1.59% |
| CISCO SYSTEMS INC 5.25% BDS 22/FEB/2011 USD1000 | N/A | 17275RAB8 | 1,000,000 | 1,054,368.00 | 1.56% |
| USAA AUTO OWNER TRUST 2008-1 A-4 4.500% | N/A | 90327MAD0 | 1,000,000 | 1,051,206.30 | 1.56% |
| WORLD OMNI AUTO RECEIVABLES TRUST 2008-A A-4 | N/A | 98156TAF9 | 1,000,000 | 1,050,575.00 | 1.55% |
| DAIMLERCHRYSLER AUTO TRUST 2007-A A-4 5.280% | N/A | 233882AF6 | 1,000,000 | 1,049,790.80 | 1.55% |
| FEDERAL NATIONAL MORTGAGE ASSOC 3.625% SNR NTS | N/A | 31398ATL6 | 1,000,000 | 1,048,722.00 | 1.55% |
| CAPITAL AUTO RECEIVABLES 4.46% NTS 15/JUL/2014 | N/A | 13974WAK0 | 1,000,000 | 1,046,480.10 | 1.55% |
| CHASE ISSUANCE TRUST 4.55% A/BKD 15/MAR/2013 | N/A | 161571AQ7 | 1,000,000 | 1,042,824.80 | 1.54% |
| WAL MART STORES 931142BV4 4.125% 15/FEB/2011 | N/A | 931142BV4 | 1,000,000 | 1,038,813.00 | 1.54% |
| PECO ENERGY TRANSITION TRUST 6.52% AST BKD | N/A | 705220AM3 | 1,000,000 | 1,034,754.80 | 1.53% |
| WELLS FARGO BANK | N/A | 94974BAZ3 | 1,000,000 | 1,029,567.00 | 1.52% |
| TIAA GLOBAL MARKETS 4.875% MTN 12/JAN/2011 USD1000 | N/A | 87244EAA0 | 1,000,000 | 1,027,336.00 | 1.52% |
| MET LIFE GLOBAL FNDG 4.625 19/AUG/2010 | N/A | 59217EAU8 | 1,000,000 | 1,020,109.00 | 1.51% |
| GENL ELEC CAP CORP FDIC TLGP GTD SR NT 2.2% | N/A | 36967HAH0 | 1,000,000 | 1,017,806.00 | 1.51% |
| GS MORTGAGE SECURITIES CORPORATION II 2006-GG A-2 | N/A | 36228CWU3 | 1,000,000 | 1,015,478.50 | 1.50% |
| MERRILL LYNCH & CO 4.25% 08/FEB/2010 | N/A | 59018YUZ2 | 1,000,000 | 1,009,379.00 | 1.49% |
| GINNIE MAE 2004-76 QA 4.000% 20/JAN/2034 | N/A | 38374JCK0 | 893,776 | 917,627.75 | 1.36% |
| PG & E ENERGY RECOVERY FUNDING LLC 5.03% | N/A | 693401AG6 | 841,286 | 884,063.63 | 1.31% |
| RESIDENTIAL ASSETT SEC CORP HM EQTY SER 03-KS10 | N/A | 76110WUV6 | 980,542 | 859,666.16 | 1.27% |
| CITIFINANCIAL MORTGAGE SECURITIES INC. | N/A | 17306UBW7 | 857,250 | 828,217.03 | 1.23% |
| FEDERAL FARM CREDIT BANKS 3.875% BDS 25/AUG/2011 | N/A | 31331YZ86 | 750,000 | 788,721.00 | 1.17% |
| WORLD OMNI AUTO RECEIVABLES TRUST 2008-B A-3A | N/A | 981528AC6 | 750,000 | 786,390.60 | 1.16% |
| MERRILL LYNCH CNTRYWIDE COM MTG TST | N/A | 60687VAA3 | 760,761 | 774,412.54 | 1.15% |
| JPMORGAN CHASE & CO 2.625% NTS 01/DEC/2010 USD1000 | N/A | 481247AD6 | 750,000 | 765,280.50 | 1.13% |
| FEDERAL HOME LOAN MORTGAGE CORP 1.75% NTS | N/A | 3137EACC1 | 750,000 | 756,184.50 | 1.12% |
| NISSAN AUTO RECEIVABLES OWNER TRUST 2008-A A-4 | N/A | 65475FAF2 | 700,000 | 731,226.09 | 1.08% |
| FREDDIE MAC REMIC SERIES 2676 CV | N/A | 31394JL62 | 663,407 | 681,556.49 | 1.01% |
| CITIGROUP/DEUTSCHE BANK COMMERCIAL SER CD4 CLS A1 | N/A | 12513YAA8 | 661,938 | 680,916.59 | 1.01% |
| BP CAPITAL MARKETS 3.125% BDS 10/MAR/2012 USD1000 | N/A | 05565QBG2 | 650,000 | 672,062.30 | 0.99% |
| AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 4.63% | N/A | 03061NJN0 | 654,679 | 659,673.46 | 0.98% |
| BEAR STEARNS COMM MTG SECURITIES 07383FA65 4.8% | N/A | 07383FA65 | 630,934 | 643,210.78 | 0.95% |
| LB-UBS COMMERCIAL MORTGAGE TRUST 2007-C1 A-1 | N/A | 50179AAA5 | 562,350 | 577,464.21 | 0.85% |
| GINNIE MAE 2004-02 BK 3.470% 20/APR/2034 | N/A | 38374GDU3 | 561,029 | 568,659.21 | 0.84% |
| FANNIE MAE 2002-82 XD RCR 5.000% 25/JUL/2016 | N/A | 31392FZ26 | 518,174 | 532,013.40 | 0.79% |
| MBNA PRACTICE SOLUTIONS OWNERS TRUST 578876AD6 | N/A | 578876AD6 | 518,370 | 525,201.52 | 0.78% |
| PFIZER INC FRN 15/MAR/2011 USD1000 | N/A | 717081DC4 | 500,000 | 513,622.00 | 0.76% |
| US BANCORP FRN 13/MAR/2012 USD1000 | N/A | 91160HAA5 | 500,000 | 512,597.00 | 0.76% |
| GENENTECH INC 4.4% NTS 15/JUL/2010 USD1000 | N/A | 368710AE9 | 500,000 | 512,387.00 | 0.76% |
| STATE STREET CORP 2.15% NTS 30/APR/2012 USD1000 | N/A | 85748KAA1 | 500,000 | 508,897.00 | 0.75% |
| FREDDIE MAC 2625 JD 3.250% 15/JUL/2017 | N/A | 31393RJY7 | 464,499 | 475,634.80 | 0.70% |
| FANNIE MAE 2004-79 VE 4.500% 25/AUG/2010 | N/A | 31394BFZ2 | 337,917 | 341,836.58 | 0.51% |
| FREDDIE MAC 2626 UN-MAC 4.000% 15/AUG/2029 | N/A | 31393VJP7 | 324,357 | 327,473.78 | 0.48% |
| BEAR STEARNS COM MTG SECS INC 5.06% CMO | N/A | 07383FGE2 | 251,010 | 255,205.13 | 0.38% |
| VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2008-1 A-2-A | N/A | 92867BAB0 | 221,372 | 222,388.01 | 0.33% |
| ELI LILLY & CO 3.55% 06/MAR/2012 | N/A | 532457BD9 | 200,000 | 209,402.60 | 0.31% |
| FREDDIE MAC 2870 BC 4.500% 15/JUL/2014 | N/A | 31395HQ86 | 142,322 | 142,444.43 | 0.21% |
| BEAR STEARNS COM MTG SECS INC 6.08% CMO | N/A | 07383FFN3 | 52,859 | 52,880.59 | 0.08% |
| Holding | Ticker | Security No | Shares | Market Value | Percent |
|---|---|---|---|---|---|
| UNITED STATES TREAS NTS 1.375% 15/MAY/2012 | N/A | 912828KP4 | 9,000,000 | 9,030,231.00 | 13.24% |
| UNITED STATES TREAS NTS 04.75% 15/FEB/2010 | N/A | 912828GG9 | 5,000,000 | 5,084,960.00 | 7.46% |
| UNITED STATES TREAS NTS 02.000% 30/SEP/2010 | N/A | 912828JL5 | 3,000,000 | 3,046,524.00 | 4.47% |
| FEDERAL HOME LOAN MORTGAGE CORP 2.875% BDS | N/A | 3137EABG3 | 2,000,000 | 2,029,982.00 | 2.98% |
| LB-UBS COMMERCIAL MORTGAGE TRUST SER 2005-C5 CL A2 | N/A | 52108H6T6 | 2,000,000 | 2,004,876.40 | 2.94% |
| FEDERAL HOME LOAN MORTGAGE CORP 2.875% SNR MTN | N/A | 3137EABV0 | 1,500,000 | 1,538,455.50 | 2.26% |
| FEDERAL NATIONAL MORTGAGE ASSOC 2.875% NTS | N/A | 31398ATZ5 | 1,500,000 | 1,535,481.00 | 2.25% |
| UNITED STATES OF AMER TREAS NOTES 1.375% TB | N/A | 912828KC3 | 1,500,000 | 1,507,851.00 | 2.21% |
| FANNIE MAE 2004-80 LG-RCR 4.000% 25/OCT/2016 | N/A | 31394BKP8 | 1,319,859 | 1,351,718.39 | 1.98% |
| WACHOVIA BANK COMMERCIAL MORTGAGE TRUST 2006-C2 | N/A | 92977QAB4 | 1,300,000 | 1,305,040.10 | 1.91% |
| HONDA AUTO RECEIVABLES OWNER TRUST 2006-3 A-4 | N/A | 43812RAD0 | 1,140,000 | 1,166,362.61 | 1.71% |
| WACHOVIA COMMERCIAL MORTGAGE TRUST 2005-C17 A2 | N/A | 929766B85 | 1,096,971 | 1,096,619.02 | 1.61% |
| CISCO SYSTEMS INC 5.25% BDS 22/FEB/2011 USD1000 | N/A | 17275RAB8 | 1,000,000 | 1,054,042.00 | 1.55% |
| FEDERAL NATIONAL MORTGAGE ASSOC 3.625% SNR NTS | N/A | 31398ATL6 | 1,000,000 | 1,051,539.00 | 1.54% |
| WORLD OMNI AUTO RECEIVABLES TRUST 2008-A A-4 | N/A | 98156TAF9 | 1,000,000 | 1,049,932.50 | 1.54% |
| USAA AUTO OWNER TRUST 2008-1 A-4 4.500% | N/A | 90327MAD0 | 1,000,000 | 1,048,014.90 | 1.54% |
| DAIMLERCHRYSLER AUTO TRUST 2007-A A-4 5.280% | N/A | 233882AF6 | 1,000,000 | 1,047,958.90 | 1.54% |
| CHASE ISSUANCE TRUST 4.55% A/BKD 15/MAR/2013 | N/A | 161571AQ7 | 1,000,000 | 1,044,206.10 | 1.53% |
| CAPITAL AUTO RECEIVABLES 4.46% NTS 15/JUL/2014 | N/A | 13974WAK0 | 1,000,000 | 1,042,339.50 | 1.53% |
| WAL MART STORES 931142BV4 4.125% 15/FEB/2011 | N/A | 931142BV4 | 1,000,000 | 1,042,031.00 | 1.53% |
| PECO ENERGY TRANSITION TRUST 6.52% AST BKD | N/A | 705220AM3 | 1,000,000 | 1,039,084.30 | 1.52% |
| TIAA GLOBAL MARKETS 4.875% MTN 12/JAN/2011 USD1000 | N/A | 87244EAA0 | 1,000,000 | 1,029,918.00 | 1.51% |
| MET LIFE GLOBAL FNDG 4.625 19/AUG/2010 | N/A | 59217EAU8 | 1,000,000 | 1,020,413.00 | 1.50% |
| WELLS FARGO BANK | N/A | 94974BAZ3 | 1,000,000 | 1,018,873.00 | 1.49% |
| GENL ELEC CAP CORP FDIC TLGP GTD SR NT 2.2% | N/A | 36967HAH0 | 1,000,000 | 1,015,458.00 | 1.49% |
| MERRILL LYNCH & CO 4.25% 08/FEB/2010 | N/A | 59018YUZ2 | 1,000,000 | 1,012,121.00 | 1.48% |
| GS MORTGAGE SECURITIES CORPORATION II 2006-GG A-2 | N/A | 36228CWU3 | 1,000,000 | 1,006,909.10 | 1.48% |
| GINNIE MAE 2004-76 QA 4.000% 20/JAN/2034 | N/A | 38374JCK0 | 933,469 | 958,264.15 | 1.40% |
| PG & E ENERGY RECOVERY FUNDING LLC 5.03% | N/A | 693401AG6 | 841,286 | 884,300.62 | 1.30% |
| CITIFINANCIAL MORTGAGE SECURITIES INC. | N/A | 17306UBW7 | 923,975 | 864,158.18 | 1.27% |
| RESIDENTIAL ASSETT SEC CORP HM EQTY SER 03-KS10 | N/A | 76110WUV6 | 1,014,234 | 848,053.42 | 1.24% |
| MERRILL LYNCH CNTRYWIDE COM MTG TST | N/A | 60687VAA3 | 800,098 | 808,951.43 | 1.19% |
| FEDERAL FARM CREDIT BANKS 3.875% BDS 25/AUG/2011 | N/A | 31331YZ86 | 750,000 | 788,294.25 | 1.16% |
| WORLD OMNI AUTO RECEIVABLES TRUST 2008-B A-3A | N/A | 981528AC6 | 750,000 | 787,491.38 | 1.15% |
| JPMORGAN CHASE & CO 2.625% NTS 01/DEC/2010 USD1000 | N/A | 481247AD6 | 750,000 | 766,611.00 | 1.12% |
| FEDERAL HOME LOAN MORTGAGE CORP 1.75% NTS | N/A | 3137EACC1 | 750,000 | 753,959.25 | 1.11% |
| NISSAN AUTO RECEIVABLES OWNER TRUST 2008-A A-4 | N/A | 65475FAF2 | 700,000 | 729,245.02 | 1.07% |
| FREDDIE MAC REMIC SERIES 2676 CV | N/A | 31394JL62 | 684,766 | 704,528.76 | 1.03% |
| AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 4.63% | N/A | 03061NJN0 | 696,974 | 703,215.30 | 1.03% |
| CITIGROUP/DEUTSCHE BANK COMMERCIAL SER CD4 CLS A1 | N/A | 12513YAA8 | 680,740 | 688,812.06 | 1.01% |
| BP CAPITAL MARKETS 3.125% BDS 10/MAR/2012 USD1000 | N/A | 05565QBG2 | 650,000 | 671,498.75 | 0.98% |
| BEAR STEARNS COMM MTG SECURITIES 07383FA65 4.8% | N/A | 07383FA65 | 639,147 | 650,871.77 | 0.95% |
| MBNA PRACTICE SOLUTIONS OWNERS TRUST 578876AD6 | N/A | 578876AD6 | 598,684 | 607,551.29 | 0.89% |
| GINNIE MAE 2004-02 BK 3.470% 20/APR/2034 | N/A | 38374GDU3 | 596,105 | 604,707.03 | 0.89% |
| LB-UBS COMMERCIAL MORTGAGE TRUST 2007-C1 A-1 | N/A | 50179AAA5 | 577,940 | 588,718.48 | 0.86% |
| FANNIE MAE 2002-82 XD RCR 5.000% 25/JUL/2016 | N/A | 31392FZ26 | 543,409 | 558,878.95 | 0.82% |
| PFIZER INC FRN 15/MAR/2011 USD1000 | N/A | 717081DC4 | 500,000 | 514,054.50 | 0.75% |
| GENENTECH INC 4.4% NTS 15/JUL/2010 USD1000 | N/A | 368710AE9 | 500,000 | 513,146.50 | 0.75% |
| US BANCORP FRN 13/MAR/2012 USD1000 | N/A | 91160HAA5 | 500,000 | 509,269.50 | 0.75% |
| STATE STREET CORP 2.15% NTS 30/APR/2012 USD1000 | N/A | 85748KAA1 | 500,000 | 507,897.00 | 0.74% |
| FREDDIE MAC 2625 JD 3.250% 15/JUL/2017 | N/A | 31393RJY7 | 475,749 | 487,079.02 | 0.71% |
| FANNIE MAE 2004-79 VE 4.500% 25/AUG/2010 | N/A | 31394BFZ2 | 378,762 | 384,592.43 | 0.56% |
| FREDDIE MAC 2626 UN-MAC 4.000% 15/AUG/2029 | N/A | 31393VJP7 | 356,037 | 359,879.74 | 0.53% |
| VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2008-1 A-2-A | N/A | 92867BAB0 | 291,304 | 292,957.41 | 0.43% |
| BEAR STEARNS COM MTG SECS INC 5.06% CMO | N/A | 07383FGE2 | 265,118 | 269,829.07 | 0.40% |
| FREDDIE MAC 2870 BC 4.500% 15/JUL/2014 | N/A | 31395HQ86 | 253,126 | 253,761.10 | 0.37% |
| BEAR STEARNS COM MTG SECS INC 6.08% CMO | N/A | 07383FFN3 | 242,599 | 243,613.00 | 0.36% |
| ELI LILLY & CO 3.55% 06/MAR/2012 | N/A | 532457BD9 | 200,000 | 209,442.00 | 0.31% |
| Holding | Ticker | Security No | Shares | Market Value | Percent |
|---|---|---|---|---|---|
| U.S. TREASURY NOTE | N/A | 912828KP4 | 9,000,000 | 9,003,519.00 | 12.91% |
| U.S. TREASURY NOTES | N/A | 912828GG9 | 5,000,000 | 5,101,170.00 | 7.32% |
| US TREASURY NOTE | N/A | 912828JL5 | 3,000,000 | 3,049,452.00 | 4.37% |
| FEDERAL HOME LOAN MORTGAGE CORP. | N/A | 3137EABG3 | 2,000,000 | 2,032,524.00 | 2.91% |
| LB-UBS COMMERCIAL MORTGAGE TRUST | N/A | 52108H6T6 | 2,000,000 | 1,999,248.00 | 2.87% |
| FEDDIE MAC FHLMC | N/A | 3137EABV0 | 1,500,000 | 1,540,753.50 | 2.21% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION | N/A | 31398ATZ5 | 1,500,000 | 1,538,248.50 | 2.21% |
| U.S. TREASURY NOTE | N/A | 912828KC3 | 1,500,000 | 1,504,101.00 | 2.16% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION | N/A | 31394BKP8 | 1,396,550 | 1,430,384.73 | 2.05% |
| WACHOVIA BANK COMMERCIAL MORTAGAGE TRUST | N/A | 92977QAB4 | 1,300,000 | 1,299,559.69 | 1.86% |
| HONDA AUTO RECEIVABLES OWNER TRUST | N/A | 43812RAD0 | 1,140,000 | 1,167,734.03 | 1.67% |
| WACHOVIA CORP. | N/A | 929766B85 | 1,111,026 | 1,108,657.84 | 1.59% |
| CISCO SYSTEMS INC | N/A | 17275RAB8 | 1,000,000 | 1,058,061.00 | 1.52% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION | N/A | 31398ATL6 | 1,000,000 | 1,050,594.00 | 1.51% |
| CHASE ISSUANCE TRUST | N/A | 161571AQ7 | 1,000,000 | 1,044,330.90 | 1.50% |
| USAA AUTO OWNER TRUST | N/A | 90327MAD0 | 1,000,000 | 1,043,406.10 | 1.50% |
| PECO ENERGY TRANSITION TRUST | N/A | 705220AM3 | 1,000,000 | 1,041,852.00 | 1.49% |
| DAIMLER CHRYSLER AUTO TRUST | N/A | 233882AF6 | 1,000,000 | 1,041,208.90 | 1.49% |
| WAL-MART STORES | N/A | 931142BV4 | 1,000,000 | 1,038,906.00 | 1.49% |
| TIAA GLOBAL MARKETS | N/A | 87244EAA0 | 1,000,000 | 1,032,853.00 | 1.48% |
| CAPITAL AUTO RECEIVABLES ASSET TRUST | N/A | 13974WAK0 | 1,000,000 | 1,027,023.10 | 1.47% |
| WELLS FARGO & CO. | N/A | 94974BAZ3 | 1,000,000 | 1,022,318.00 | 1.47% |
| GENERAL ELECTRIC CAP CORP | N/A | 36967HAH0 | 1,000,000 | 1,013,785.00 | 1.45% |
| MERRILL LYNCH & CO., INC. | N/A | 59018YUZ2 | 1,000,000 | 1,013,763.00 | 1.45% |
| WORLD ONMI AUTO RECEIVABLES TRUST | N/A | 98156TAF9 | 1,000,000 | 1,009,085.00 | 1.45% |
| MET LIFE GLOBAL FUNDING 1 | N/A | 59217EAU8 | 1,000,000 | 1,006,123.00 | 1.44% |
| GS MOTGAGE SECURITIES CORPORTION, | N/A | 36228CWU3 | 1,000,000 | 1,004,612.60 | 1.44% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION | N/A | 38374JCK0 | 958,107 | 976,708.25 | 1.40% |
| PG&E ENERGY RECOVERY FUNDING LLC | N/A | 693401AG6 | 929,656 | 974,150.95 | 1.40% |
| CITIFINANCIAL | N/A | 17306UBW7 | 981,101 | 916,162.06 | 1.31% |
| RESIDENTIAL ASSET SECURITIES CORPORATION | N/A | 76110WUV6 | 1,037,736 | 867,450.59 | 1.24% |
| MERRILL LYNCH MORTGAGE | N/A | 60687VAA3 | 833,889 | 843,227.93 | 1.21% |
| FEDERAL FARM CREDIT | N/A | 31331YZ86 | 750,000 | 788,052.00 | 1.13% |
| WORLD OMNI AUTO RECEIVABLES TRUST | N/A | 981528AC6 | 750,000 | 784,978.20 | 1.13% |
| JP MORGAN CHASE AND COMPANY | N/A | 481247AD6 | 750,000 | 766,596.00 | 1.10% |
| FREDDIE MAC | N/A | 3137EACC1 | 750,000 | 750,657.75 | 1.08% |
| AMERICREDIT AUTOMOBILE RECEIVABLES TRUST | N/A | 03061NJN0 | 738,004 | 747,243.18 | 1.07% |
| FEDERAL HOME LOAN MORTGAGE CORPORATION | N/A | 31394JL62 | 710,364 | 731,205.05 | 1.05% |
| NAROT 2008-A A4 | N/A | 65475FAF2 | 700,000 | 723,321.97 | 1.04% |
| CITIGROUP/DEUTSCHE BANK COMMERCIAL MORTGAGE | N/A | 12513YAA8 | 698,016 | 706,072.79 | 1.01% |
| BP CAPITAL PLC BPLN | N/A | 05565QBG2 | 650,000 | 670,688.85 | 0.96% |
| MBNA PRACTICE SOLUTIONS OWNER TRUST | N/A | 578876AD6 | 655,605 | 665,708.75 | 0.95% |
| BEAR STEARNS COMMERCIAL MORTGAGE SECURITY | N/A | 07383FA65 | 646,705 | 657,950.39 | 0.94% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION | N/A | 38374GDU3 | 631,363 | 639,901.59 | 0.92% |
| LB-UBS COMMERCIAL MORTGAGE TRUST, | N/A | 50179AAA5 | 590,450 | 601,500.81 | 0.86% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION | N/A | 31392FZ26 | 579,475 | 597,488.65 | 0.86% |
| PFIZER INC. | N/A | 717081DC4 | 500,000 | 514,950.00 | 0.74% |
| GENENTECH INC. | N/A | 368710AE9 | 500,000 | 513,834.00 | 0.74% |
| US BANCORP | N/A | 91160HAA5 | 500,000 | 508,656.50 | 0.73% |
| STATE STREET CORP | N/A | 85748KAA1 | 500,000 | 506,797.00 | 0.73% |
| FREDDIE MAC | N/A | 31393RJY7 | 488,355 | 499,959.24 | 0.72% |
| FEDERAL NATIONAL MORTGAGE ASSOC. | N/A | 31394BFZ2 | 419,454 | 426,427.77 | 0.61% |
| FEDERAL HOME LOAN MORTGAGE CORPORATION | N/A | 31393VJP7 | 394,169 | 398,438.55 | 0.57% |
| VOLKSWAGON AUTO LOAN ENHANCED TRUST | N/A | 92867BAB0 | 362,904 | 365,165.03 | 0.52% |
| FEDERAL HOME LOAN MORTGAGE CORPORATION | N/A | 31395HQ86 | 353,438 | 354,862.06 | 0.51% |
| BEAR STEARNS COMMERCIAL MORTGAGE SECURITIES, INC. | N/A | 07383FGE2 | 277,916 | 283,107.38 | 0.41% |
| BEAR STEARNS COMMERCIAL MORTGAGE SECURITIES, INC. | N/A | 07383FFN3 | 255,068 | 256,500.68 | 0.37% |
| ELI LILLY & CO. | N/A | 532457BD9 | 200,000 | 209,316.00 | 0.30% |
| NOMURA ASSET SECURITIES CORP. | N/A | 655356JF1 | 2,208 | 2,210.86 | 0.00% |
Pricing and Performance
Pricing and performance for this fund
Pricing and Performance for all
funds
Fund Risk Disclosure
The Fund may purchase securities in derivatives, which can be very volatile and carry high transaction costs. The Fund may purchase mortgage-backed and asset-backed securities, which are sensitive to fluctuations in interest rates. In addition, these securities are subject to prepayment, which may cause the Fund to reinvest in securities with lower interest rates.
NFW-1920AO.1
