NVIT Cardinal Moderate Fund

Data updated: 2026-08-26

C000244894 — NVIT Cardinal Moderate Fund. Alternative · $1.79B AUM · 0.65% expense ratio · 14.2% 1-yr return. Holdings, fees, performance and SEC filings.

C000244894 Fund Overview

NVIT Cardinal Moderate 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: $1.79B
1-year return: 14.2%
SEC CIK: 0000353905
SEC series ID: S000021216
Share class ID: C000244894

C000244894 Investment Objective and Strategy

NVIT Cardinal Moderate 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 Moderate Fund (Moderate Fund or the Fund) seeks a high level of total return consistent with a moderate level of risk as compared to other Blueprint Funds.

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 with a moderate level of risk by investing a majority 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, but also a considerable portion of its assets in Underlying Funds that invest in 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.

Consistent with this investment strategy, as of February 27, 2026, the Fund allocated approximately 55% of its net assets in U.S. stocks, approximately 7% in international (including emerging market) stocks and approximately 38% in bonds. 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 have a longer time horizon and who are willing to accept moderate short-term price fluctuations in exchange for potential longer-term returns.

C000244894 Holdings

Top 10 holdings of NVIT Cardinal Moderate Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

Holding	% of net assets
NVIT Loomis Core Bond Fund	28.50%
NVIT U.S. 130/30 Equity Fund	16.65%
Nationwide Large Cap Equity Portfolio	15.38%
NVIT GS Large Cap Equity Fund	8.49%
NVIT J.P. Morgan U.S. Equity Fund	7.79%
NVIT Loomis Short Term Bond Fund	5.82%
iShares Core S&P 500 ETF	5.17%
NVIT GS International Equity Insights Fund	4.72%
Nationwide Loomis Core Bond Fund	2.45%
NVIT GS Small Cap Equity Insights Fund	2.39%

View all C000244894 holdings

C000244894 Portfolio Allocation

Asset-class allocation of NVIT Cardinal Moderate Fund by percentage of net assets, from the latest SEC N-PORT filing.

Asset class	Allocation
Other	100.0%

C000244894 Performance

Total returns for C000244894 (as of 2026-10-01), from SEC filings.

Period	Total return
YTD	6.3%
1 year	14.2%
3 years (annualised)	11.7%

C000244894 Risk Information

Risk metrics for C000244894, derived from monthly returns in SEC filings.

1-year volatility (annualised): 8.1%

C000244894 Costs and Fees

C000244894 costs about $65 per $10,000 invested per year in fund expenses.

Net expense ratio: 0.65%
Gross expense ratio: 0.75%
Portfolio turnover: 40%
Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

C000244894 Cashflows

Over the 12 months to 2026-06, NVIT Cardinal Moderate Fund had net outflows of $226.06M, from monthly SEC N-PORT filings.

Month	Net flow
2026-06	−$17.88M
2026-05	−$20.75M
2026-04	−$23.77M
2026-03	−$24.02M
2026-02	−$18.31M
2026-01	−$19.20M

C000244894 Debt Constituents

No individual debt constituents are reported in NVIT Cardinal Moderate Fund's latest SEC N-PORT filing.

C000244894 Prospectus and SEC Filings

Official NVIT Cardinal Moderate Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Alternative 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.