American Funds NVIT Bond Fund
Data updated: 2026-08-26
C000033350 — American Funds NVIT Bond Fund. Alternative · $3.06B AUM · 0.85% expense ratio · 2.9% 1-yr return. Holdings, fees, performance and SEC filings.
C000033350 Fund Overview
American Funds NVIT Bond Fund is a US mutual fund managed by Nationwide Variable Insurance Trust, categorised as Alternative. 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: Alternative
- Assets under management: $3.06B
- 1-year return: 2.9%
- SEC CIK: 0000353905
- SEC series ID: S000012216
- Share class ID: C000033350
C000033350 Investment Objective and Strategy
American Funds NVIT 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 American Funds Bond Fund (the Fund or Feeder Fund) seeks to provide as high a level of current income as is consistent with the preservation of capital.
Principal investment strategy
The Fund invests all of its assets in the Class 1 shares of The Bond Fund of America (the Master Bond Fund), a series of American Funds Insurance Series, a registered open-end investment company. In pursuing its investment objective, the Master Bond Fund seeks to maximize your level of current income and preserve your capital by investing primarily in bonds. Normally, the Master Bond Fund invests at least 80% of its net assets in bonds and other debt securities which may be represented by derivatives. The Master Bond Fund invests at least 60% of its net assets in debt securities (excluding derivatives) rated A3 or better or A- or better by Nationally Recognized Statistical Ratings Organizations (NRSROs) designated by the Master Bond Funds investment adviser, or in debt securities that are unrated but determined to be of equivalent quality by the Master Bond Funds investment adviser, and in government securities, money market instruments, cash or cash equivalents.
The Master Bond Fund may invest in debt securities and mortgage-backed securities issued by government-sponsored entities and federal agencies and instrumentalities that are not backed by the full faith and credit of the U.S. government. The Master Bond Fund may invest in inflation-linked bonds issued by U.S. and non-U.S. governments, their agencies or instrumentalities, and corporations. Inflation-linked bonds are structured to protect against inflation by linking the bonds principal and interest payments to an inflation index, such as the Consumer Price Index for Urban Consumers, so that principal and interest adjust to reflect changes in the index. The Master Bond Fund may use futures contracts and swaps, which are types of derivatives. A derivative is a financial contract, the value of which is based on the value of an underlying financial asset (such as a stock, bond or currency), a reference rate or market index.
The Master Bond Fund may invest up to 5% of its assets in debt securities rated Ba1 or below and BB+ or below by NRSROs designated by the Master Bond Funds investment adviser, or in debt securities that are unrated but determined to be of equivalent quality by the Master Bond Funds investment adviser. Securities rated Ba1 or below and BB+ or below are sometimes referred to as junk bonds. The Master Bond Funds investment adviser uses a system of multiple portfolio managers in managing the Master Bond Funds assets. Under this approach, the portfolio of the Master Bond Fund is divided into segments managed by individual portfolio managers. The Master Bond Fund relies on the professional judgment of its investment adviser to make decisions about the Master Bond Funds portfolio investments. The basic investment philosophy of the Master Bond Funds investment adviser is to seek to invest in attractively priced securities that, in its opinion, represent good long-term investment opportunities.
Securities may be sold when the Master Bond Funds investment adviser believes that they no longer represent relatively attractive investment opportunities. The Master Bond Fund may engage in active and frequent trading of securities. The Master Bond Funds investment adviser may consider environmental, social and governance (ESG) factors that, depending on the facts and circumstances, are material to the value of an issuer or instrument.
C000033350 Holdings
Top 1 holdings of American Funds NVIT Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| American Funds The Bond Fund of America | 100.05% |
C000033350 Portfolio Allocation
Asset-class allocation of American Funds NVIT Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Other | 100.1% |
C000033350 Performance
Total returns for C000033350 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.3% |
| 1 year | 2.9% |
| 3 years (annualised) | 3.7% |
| 5 years (annualised) | -0.3% |
C000033350 Risk Information
Risk metrics for C000033350, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.1%
C000033350 Costs and Fees
C000033350 costs about $85 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.85%
- Gross expense ratio: 1.16%
- Portfolio turnover: 16%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000033350 Cashflows
Over the 12 months to 2026-06, American Funds NVIT Bond Fund had net outflows of $157.21M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$42.63M |
| 2026-05 | −$37.95M |
| 2026-04 | −$59.44M |
| 2026-03 | −$48.04M |
| 2026-02 | −$40.89M |
| 2026-01 | $15.40M |
C000033350 Debt Constituents
No individual debt constituents are reported in American Funds NVIT Bond Fund's latest SEC N-PORT filing.
C000033350 Prospectus and SEC Filings
Official American Funds NVIT 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 (485BPOS) — filed 2024-04-18
- 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
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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.