NVIT Multi Sector Bond Fund
Data updated: 2026-08-26
C000014754 — NVIT Multi Sector Bond Fund. Long Corporate Bond · $491.07M AUM · 0.80% expense ratio. Holdings, fees, performance and SEC filings.
C000014754 Fund Overview
NVIT Multi Sector Bond Fund is a US mutual fund managed by Nationwide Variable Insurance Trust, categorised as Long Corporate 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 Corporate Bond
- Assets under management: $491.07M
- 1-year return: 6.5%
- SEC CIK: 0000353905
- SEC series ID: S000005423
- Share class ID: C000014754
C000014754 Investment Objective and Strategy
NVIT Multi Sector 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 Strategic Income Fund seeks to provide above average total return over a market cycle of three to five years.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of its net assets in different types of bonds and other debt securities, with few limitations as to credit quality, geography, maturity or sector. The Fund may invest in U.S. government securities and foreign government bonds, as well as U.S. and foreign corporate bonds and debentures, asset-backed securities, mortgage-backed securities (including collateralized mortgage obligations) and convertible bonds. The Fund also may invest in corporate loans. Securities in which the Fund invests pay interest on either a fixed-rate or a variable-rate basis. The Fund may invest in securities issued by foreign issuers, including those that are located in emerging market countries, although the Fund does not invest more than 65% of its net assets, at the time of purchase, in emerging market securities.
Emerging market countries include certain countries located in Latin America, Asia, Africa, the Middle East, and developing countries of Europe, primarily Eastern Europe. Many foreign securities are denominated in currencies other than the U.S. dollar. The Fund may invest without limitation in debt securities of any maturity, duration or credit quality. Accordingly, the Fund may invest a substantial portion of its portfolio in high-yield bonds (i.e., junk bonds) and other securities that are lower-rated. Some of these debt securities may be in default or at high risk of defaulting, and may have extremely poor prospects for being able to make principal and interest payments. The Fund may purchase many U.S. agency pass-through mortgage-backed securities on a when-issued (also known as to-be-announced) basis.
When entering into such a transaction, the Fund buys securities with payment and delivery scheduled to take place in the future. The Funds subadviser may use derivatives, such as futures and forward foreign currency contracts, either to increase returns, to hedge against international currency exposure, or to manage the Funds average portfolio duration. The subadviser also may buy or sell credit default swaps either to hedge against investment risks or to increase return. The Funds subadviser does not manage the Fund specific to any index or benchmark, which provides it with flexibility to allocate to and rotate across any sector in the fixed-income universe. This strategy is designed to provide exposure to those areas of the fixed-income market that the subadviser anticipates will provide value, while attempting to minimize exposure to those areas it anticipates will not provide value.
In managing the Fund, the subadviser considers fundamental market factors such as yield and credit quality differences among bonds, as well as demand and supply trends. The subadviser also makes investment decisions based on technical factors such as price momentum, market sentiment, and supply or demand imbalances. The Fund may engage in frequent and active trading of portfolio securities.
C000014754 Holdings
Top 10 holdings of NVIT Multi Sector Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| FNMA or FHLMC | 4.93% |
| FNMA or FHLMC | 2.66% |
| U.S. Treasury Bills | 2.44% |
| FNMA or FHLMC | 2.04% |
| Pershing LLC | 2.04% |
| Mizuho Financial Group, Inc. | 1.26% |
| Sumitomo Life Insurance Co. | 1.12% |
| Meiji Yasuda Life Insurance Co. | 1.10% |
| Cantor Fitzgeral & Co. | 1.02% |
| Kingdom of Saudi Arabia | 0.86% |
C000014754 Portfolio Allocation
Asset-class allocation of NVIT Multi Sector Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 67.4% |
| Securitized | 33.7% |
| Cash & Equivalents | 6.9% |
| Loans | 2.5% |
| Equity | 1.3% |
C000014754 Performance
Total returns for C000014754 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.2% |
| 1 year | 6.5% |
| 3 years (annualised) | 8.6% |
| 5 years (annualised) | 5.4% |
C000014754 Risk Information
Risk metrics for C000014754, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 1.4%
C000014754 Costs and Fees
C000014754 costs about $80 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.80%
- Portfolio turnover: 285%
- Brokerage commissions: 1.22 bps of average net assets (SEC N-CEN)
C000014754 Cashflows
Over the 12 months to 2026-06, NVIT Multi Sector Bond Fund had net inflows of $190.11M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $8.73M |
| 2026-05 | $2.14M |
| 2026-04 | −$2.81M |
| 2026-03 | $3.65M |
| 2026-02 | $665.70K |
| 2026-01 | $4.92M |
C000014754 Debt Constituents
Largest debt holdings of NVIT Multi Sector Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Mizuho Financial Group, Inc. | 1.26% |
| Sumitomo Life Insurance Co. | 1.12% |
| Meiji Yasuda Life Insurance Co. | 1.10% |
| Kingdom of Saudi Arabia | 0.86% |
| United Mexican States | 0.83% |
| International Petroleum Corp. | 0.81% |
| Federative Republic of Brazil | 0.80% |
| Credit Agricole SA | 0.79% |
| Republic of Turkiye (The) | 0.78% |
| Republic of Poland | 0.78% |
C000014754 Prospectus and SEC Filings
Official NVIT Multi Sector Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-16
- Prospectus (485BPOS) — filed 2024-04-18
- 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 Corporate 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.