NVIT Cardinal Balanced Fund
Data updated: 2026-08-26
C000060405 — NVIT Cardinal Balanced Fund. Alternative · $1.42B AUM · 0.78% expense ratio · 12.3% 1-yr return. Holdings, fees, performance and SEC filings.
C000060405 Fund Overview
NVIT Cardinal Balanced 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: $1.42B
- 1-year return: 12.3%
- SEC CIK: 0000353905
- SEC series ID: S000021217
- Share class ID: C000060405
C000060405 Investment Objective and Strategy
NVIT Cardinal Balanced 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 Blueprint Balanced Fund (Balanced Fund or the Fund) seeks a high level of total return through investment in both equity and fixed income securities.
Principal investment strategy
The Fund is a fund-of-funds that invests primarily in affiliated mutual funds representing a variety of asset classes. The Fund aims to provide diversification across traditional asset classesU.S. stocks, international stocks, and bondsby investing primarily in mutual funds offered by Nationwide Variable Insurance Trust and unaffiliated exchange-traded funds (ETFs) (each, an Underlying Fund or collectively, Underlying Funds). Each Underlying Fund invests directly in equity or fixed-income securities, as appropriate to its investment objective and strategies. Some Underlying Funds use futures, forwards, swaps and options, which are derivatives, either to hedge against investment risks, to obtain exposure to certain securities or groups of securities, to take short positions in certain securities, or otherwise to increase returns.
Although the Fund seeks to provide diversification across major asset classes, the Fund invests a significant portion of its assets in a small number of issuers (i.e., one or more Underlying Funds). However, the Fund may invest directly in securities and derivatives in addition to investing in Underlying Funds. Further, most of the Underlying Funds in which the Fund invests are diversified. The Fund pursues its objective for a high level of total return through investments in both equity and fixed income securities by investing approximately equal amounts of its assets in Underlying Funds that invest in equity securities, such as common stocks of U.S. and international companies (including smaller companies), that the investment adviser believes offer opportunities for capital growth, and fixed-income securities, such as bonds (including mortgage-backed and asset-backed securities, and high-yield bonds, which are commonly known as junk bonds), in order to generate investment income.
Under normal conditions, the Balanced Fund invests at least 25% of its net assets in senior fixed-income securities. Consistent with this investment strategy, as of February 27, 2026, the Fund allocated approximately 50% of its net assets in bonds, 43% in U.S. stocks and 7% in international (including emerging market) stocks. The investment adviser generally sells shares of Underlying Funds in order to meet target allocations or shareholder redemption activity. The Fund is designed for investors who have a lower tolerance for risk than more aggressive investors and who are seeking both capital growth and income. The Fund is also designed for investors who are willing to accept moderate short-term price fluctuations in exchange for potential longer-term returns.
C000060405 Holdings
Top 10 holdings of NVIT Cardinal Balanced Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIT Loomis Core Bond Fund | 36.70% |
| NVIT U.S. 130/30 Equity Fund | 13.61% |
| Nationwide Large Cap Equity Portfolio | 11.06% |
| NVIT Loomis Short Term Bond Fund | 8.87% |
| NVIT GS Large Cap Equity Fund | 6.37% |
| NVIT J.P. Morgan U.S. Equity Fund | 5.62% |
| iShares Core S&P 500 ETF | 5.14% |
| NVIT GS International Equity Insights Fund | 4.28% |
| Nationwide Loomis Core Bond Fund | 3.48% |
| NVIT GS Emerging Markets Equity Insights Fund | 2.10% |
C000060405 Portfolio Allocation
Asset-class allocation of NVIT Cardinal Balanced Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Other | 100.0% |
C000060405 Performance
Total returns for C000060405 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 5.4% |
| 1 year | 12.3% |
| 3 years (annualised) | 11.2% |
| 5 years (annualised) | 5.6% |
C000060405 Risk Information
Risk metrics for C000060405, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.9%
C000060405 Costs and Fees
C000060405 costs about $78 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.78%
- Gross expense ratio: 0.88%
- Portfolio turnover: 32%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000060405 Cashflows
Over the 12 months to 2026-06, NVIT Cardinal Balanced Fund had net outflows of $196.45M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$17.76M |
| 2026-05 | −$21.05M |
| 2026-04 | −$13.04M |
| 2026-03 | −$22.48M |
| 2026-02 | −$17.73M |
| 2026-01 | −$20.21M |
C000060405 Debt Constituents
No individual debt constituents are reported in NVIT Cardinal Balanced Fund's latest SEC N-PORT filing.
C000060405 Prospectus and SEC Filings
Official NVIT Cardinal Balanced 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.