Nationwide Short Duration Bond Service (MCAFX)
* As of 28-Feb-14
Quotes delayed, except where indicated otherwise. Currency in USD.
- No Headlines available for MCAFX at this time.
|Symbol||% Assets||YTD Return %|
|Ms Bofa Ml Tr 2013-C11 CMO 1.308%||2.55||N/A|
|Bk Amer FRN||2.09||N/A|
|Mylan 144A 7.875%||2.08||N/A|
|Verizon Comms FRN||1.89||N/A|
|Morningstar Overall Rating:|
|Annual Report Expense Ratio (net):||0.86%|
Performance & Risk
|5y Avg Return:||1.83%|
|Rank in Category (ytd):||81|
|% Rank in Category (ytd):||16.63%|
|Morningstar Risk Rating:||1|
The investment seeks to provide a high level of current income while preserving capital and minimizing fluctuations in share value.
The fund normally invests at least 80% of its net assets in investment grade corporate bonds, U.S. government securities, and mortgage-backed and asset-backed securities. In choosing securities, the fund's subadviser attempts to identify securities that, in its opinion, offer the best combination of yield, maturity and relative price performance, based on anticipated changes in interest rates and the price relationships among various types of fixed-income securities. View More