Fund Evaluator:
Nationwide Loomis Short Term Bd R6 (NWJUX)
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Fund Details
Nationwide Loomis Short Term Bd R6 Overview
Nationwide Loomis Short Term Bd R6 (NWJUX) is an actively managed Taxable Bond Short-Term Bond fund. Nationwide launched the fund in 2013.
The investment seeks total return through investments in fixed-income securities. The fund invests primarily in bonds which include: U.S. government securities; corporate bonds issued by U.S. or foreign companies that are investment grade; investment grade fixed-income securities backed by the interest and principal payments of various types of mortgages and investment grade fixed-income securities backed by the interest and principal payments on loans for other types of assets. It will invest at least 80% of its net assets in fixed-income securities.
About Nationwide Loomis Short Term Bd R6 (NWJUX)
There are 3 members of the management team with an average tenure of 8.15 years: Daniel Conklin (2019), Clifton Rowe (2017), Christopher Harms (2017). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and Bloomberg US Govt/Credit 1-3 Yr TR USD index with a weighting of 100%. Nationwide Loomis Short Term Bd R6 has 542 securities in its portfolio. The top 10 holdings constitute 23.5% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Nationwide Loomis Short Term Bd R6 is part of the Fixed Income global asset class and is within the Taxable Bond fund group. Nationwide Loomis Short Term Bd R6 has 17.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0%. There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 95.3% (77.6% domestic bond, 17.6% foreign bond and 0.0% convertible bond). Nationwide Loomis Short Term Bd R6 has 4.7% of the portfolio in cash.
Assets Under Management
The fund has $117 million in total assets, which is below the $917 million average for the Short-Term Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
NWJUX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Nationwide Loomis Short Term Bd R6 expense ratio is average compared to funds in the Short-Term Bond category. Nationwide Loomis Short Term Bd R6 has an expense ratio of 0.43%, which is 35% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Nationwide Loomis Short Term Bd R6 has a portfolio turnover rate of 199%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 135% for the Short-Term Bond category.
Recently, in the month of August 2026, Nationwide Loomis Short Term Bd R6 returned 0.4%, which earned it a grade of B, as the Short-Term Bond category had an average return of 0.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Nationwide Loomis Short Term Bd R6 has a trailing yield of 4.21%, which is above the 4.15% category average. The fund normally distributes its income monthly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Nationwide Loomis Short Term Bd R6 Grades
Year to date, the fund has returned 1.6%, 0.4 percentage points better than the category, which translates into a grade of A. The fund has returned 3.2% over the past year (grade of B), 5.4% over the past three years (grade of B) and 3.0% per year over the past five years (grade of A) and 2.9% per year over the past 10 years (grade of A).
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NWJUX Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| NWJUX Return (NAV) | 0.4% | 0.5% | 3.2% | 5.4% | 3.0% | 2.9% |
| NWJUX Grade | B | B | B | B | A | A |
| +/- Category | 0.0% | 0.2% | 0.5% | 0.4% | 0.7% | 0.5% |
| Short-Term Bond Avg | 0.3% | 0.4% | 2.7% | 5.0% | 2.3% | 2.3% |
| NWJUX Tax Cost Ratio | na | na | 1.7% | 1.8% | 1.5% | 1.2% |
NWJUX Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| NWJUX Return (NAV) | 1.6% | 5.9% | 5.6% | 6.4% | -3.5% | -0.1% | 5.1% | 6.0% | 1.1% | 1.1% | 1.9% |
| NWJUX Grade | A | C | A | B | A | C | B | A | B | F | C |
| +/- Category | 0.4% | -0.0% | 0.7% | 0.8% | 1.5% | -0.0% | 0.9% | 1.2% | 0.4% | -0.8% | -0.6% |
| Short-Term Bond Avg | 1.2% | 5.9% | 4.9% | 5.6% | -5.0% | -0.0% | 4.2% | 4.8% | 0.7% | 1.9% | 2.5% |
| Risk Measures | |
| Standard Deviation: | 1.6% |
| Total Risk Index: | 0.13 - Low |
| Category Risk Index: | 0.81 - Below Average |
| Category Risk Grade: | B (29% Rank) |
| Beta: | 0.26 |
| R-Squared: | 85% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | High Quality Limited Sensitivity |
| Yield: | 4.2% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | |
| Total Assets: | $142 Mil |
| Fund Total Assets: | $ 117 Mil |
| Share Class Type: | Retirement |
| Portfolio Turnover: | 199% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 8.8 years | |||
| Average Tenure: 8.2 years | |||
| Managers (Year): Rowe Clifton (2017), Harms Christopher (2017), Conklin Daniel (2019) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 542 |
| % in Top 10 Holdings: | 23.5% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 17.6% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 77.6% |
| Foreign Bond: | 17.6% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 4.7% |
Purchase Information
| Fund Family: | Nationwide |
| Phone Number: | 800-848-0920 |
| Website: | www.nationwide.com/mutualfunds |
| Status: | Open |
| Inception Date: | September 18, 2013 |
| Min. Initial Purchase: | $1,000,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.43% ( Rating : Avg ) |
| Category Average Expense Ratio (%): | 0.66% |
| Share Class: | Nationwide Loomis Short Term Bd InstlSvc |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
