NVIT Government Bond Fund
Data updated: 2026-08-26
C000014697 — NVIT Government Bond Fund. Long Securitized (MBS/ABS/CMBS) Bond · $265.52M AUM. Holdings, fees, performance and SEC filings.
C000014697 Fund Overview
NVIT Government Bond Fund is a US mutual fund managed by Nationwide Variable Insurance Trust, categorised as Long Securitized (MBS/ABS/CMBS) Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Nationwide Variable Insurance Trust
- Category: Long Securitized (MBS/ABS/CMBS) Bond
- Assets under management: $265.52M
- 1-year return: 3.5%
- SEC CIK: 0000353905
- SEC series ID: S000005400
- Share class ID: C000014697
C000014697 Investment Objective and Strategy
NVIT Government Bond Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Nationwide Variable Insurance Trust.
Investment objective
The NVIT Government Bond Fund seeks as high a level of current income as is consistent with preserving capital.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of its net assets in bonds and other debt securities issued by the U.S. government and its agencies and instrumentalities. Many of these securities include mortgage-backed securities. The Funds subadviser seeks to achieve the Funds objective by investing in securities offering the highest level of expected income while simultaneously minimizing market price fluctuations. In selecting securities, the subadviser typically maintains an average portfolio duration that is up to one year greater than or less than the average portfolio duration of the Bloomberg U.S. Government/Mortgage Index. As of December 31, 2025, the average portfolio duration of the Bloomberg U.S. Government/Mortgage Index was 5.70 years, although this will change or fluctuate over time.
The Funds subadviser may sell securities in order to buy others that it believes will better serve the Funds objective.
C000014697 Holdings
Top 10 holdings of NVIT Government Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Tennessee Valley Authority | 5.00% |
| Resolution Funding Corp. | 4.86% |
| United States of America | 3.49% |
| Fnma | 3.36% |
| United States of America | 2.69% |
| Fhlmc | 2.65% |
| United States of America | 2.51% |
| Fnma | 2.31% |
| Fnma | 2.25% |
| Tennessee Valley Authority | 2.16% |
C000014697 Portfolio Allocation
Asset-class allocation of NVIT Government Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 59.2% |
| Fixed Income | 38.8% |
| Cash & Equivalents | 0.1% |
C000014697 Performance
Total returns for C000014697 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.5% |
| 1 year | 3.5% |
| 3 years (annualised) | 3.5% |
| 5 years (annualised) | -0.4% |
C000014697 Risk Information
Risk metrics for C000014697, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.1%
C000014697 Costs and Fees
C000014697 costs about $94 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.94%
- Gross expense ratio: 0.98%
- Portfolio turnover: 40%
- Brokerage commissions: 0.17 bps of average net assets (SEC N-CEN)
C000014697 Cashflows
Over the 12 months to 2026-06, NVIT Government Bond Fund had net outflows of $9.55M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$2.88M |
| 2026-05 | $2.04M |
| 2026-04 | −$12.34M |
| 2026-03 | −$6.66M |
| 2026-02 | $15.70M |
| 2026-01 | −$1.97M |
C000014697 Debt Constituents
Largest debt holdings of NVIT Government Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Tennessee Valley Authority | 5.00% |
| Resolution Funding Corp. | 4.86% |
| United States of America | 3.49% |
| United States of America | 2.69% |
| United States of America | 2.51% |
| Tennessee Valley Authority | 2.16% |
| United States of America | 1.69% |
| United States of America | 1.65% |
| United States of America | 1.58% |
| United States of America | 1.47% |
C000014697 Prospectus and SEC Filings
Official NVIT Government Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-16
- Prospectus (485BPOS) — filed 2025-04-17
- Prospectus supplement (497) — filed 2025-04-24
- Portfolio holdings (N-PORT) — filed 2026-08-26
- Portfolio holdings (N-PORT) — filed 2026-05-18
- Portfolio holdings (N-PORT) — filed 2026-02-23
- Annual census (N-CEN) — filed 2026-03-09
- Annual census (N-CEN) — filed 2025-03-05
Related Funds
Other Long Securitized (MBS/ABS/CMBS) Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.