NVIT J.P. Morgan Inflation Managed Fund
Data updated: 2026-08-26
C000258088 — NVIT J.P. Morgan Inflation Managed Fund. Intermediate Treasury / Sovereign Bond · $240.62M AUM. Holdings, fees, performance and SEC filings.
C000258088 Fund Overview
NVIT J.P. Morgan Inflation Managed Fund is a US mutual fund managed by Nationwide Variable Insurance Trust, categorised as Intermediate Treasury / Sovereign 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: Intermediate Treasury / Sovereign Bond
- Assets under management: $240.62M
- 1-year return: 3.2%
- SEC CIK: 0000353905
- SEC series ID: S000090753
- Share class ID: C000258088
C000258088 Investment Objective and Strategy
NVIT J.P. Morgan Inflation Managed 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 J.P. Morgan Inflation Managed Fund (the Fund) seeks to maximize inflation protected total return.
Principal investment strategy
The Fund is designed to protect the total return generated by its core fixed income holdings, as further described below, from inflation risk. As used in the Funds objective, total return includes income and capital appreciation. The Fund seeks to hedge the risk of inflation by using swaps that are based on the Non-Seasonally Adjusted Consumer Price Index for all Urban Consumers (CPI-U) in combination with its core portfolio of bonds and other debt securities. The CPI-U measures the changes in the cost of living, made up of components such as housing, food, transportation and energy. There can be no assurance that the CPI-U will accurately measure the real rate of inflation in the prices of goods and services. This strategy is intended to create the equivalent of a portfolio of inflation-protected bonds.
The Fund also may purchase other investments, including actual inflation-protected securities, such as Treasury Inflation Protected Securities (TIPS). Inflation Managed in the Funds name does not refer to a type of security in which the Fund invests, but rather describes the Funds overall strategy of creating a portfolio to maximize inflation protected total return. The fixed income securities in which the Fund invests include U.S. and foreign corporate bonds, U.S. government securities, bonds issued by foreign governments, corporate loans, asset-backed securities and mortgage-backed securities. Mortgage-related and mortgage-backed securities may be structured as collateralized mortgage obligations (agency and non-agency), stripped mortgage-backed securities (interest-only or principal-only), commercial mortgage-backed securities, and mortgage pass-through securities.
The Fund also may invest in TIPS, which are inflation-adjusted securities issued by the U.S. Treasury, as well as in other inflation-linked securities issued by entities such as domestic and foreign corporations and governments. The Fund may invest up to 10% of its total assets in securities that, at the time of purchase, are rated below investment grade (i.e., junk bonds). The Fund may invest in securities issued by foreign issuers, including those that are located in emerging market countries. All securities in which the Fund invests are denominated in U.S. dollars. The Fund uses derivatives, such as swaps and futures. The Fund uses CPI-U swaps for inflation hedging purposes. In addition to CPI-U swaps, the Fund has the flexibility to use swaps (including credit default swaps) and futures for hedging purposes, to increase income and gain to the Fund, and as part of its risk management process by establishing or adjusting exposure to particular securities or markets and/or to manage cash flows.
The Fund may use swaps structured as credit default swaps to gain or hedge exposure to investment grade or high-yield securities or indexes of investment grade or high-yield securities. The subadviser buys and sells securities and investments for the Fund based on its view of individual securities and market sectors. Taking a long-term approach, the subadviser looks for individual fixed income investments that it believes will perform well over market cycles. The subadviser is value oriented and makes decisions to purchase and sell individual securities and instruments after performing a risk/reward analysis that includes an evaluation of interest rate risk, credit risk, duration, liquidity, legal provisions and the structure of the transactions. The Fund may engage in frequent and active trading of portfolio securities.
C000258088 Holdings
Top 10 holdings of NVIT J.P. Morgan Inflation Managed Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| United States of America | 11.50% |
| United States of America | 10.95% |
| United States of America | 9.74% |
| United States of America | 9.51% |
| United States of America | 4.81% |
| FNMA or FHLMC | 3.58% |
| FNMA or FHLMC | 1.77% |
| United States of America | 1.74% |
| United States of America | 1.72% |
| FNMA or FHLMC | 1.21% |
C000258088 Portfolio Allocation
Asset-class allocation of NVIT J.P. Morgan Inflation Managed Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 80.3% |
| Securitized | 18.7% |
| Real Estate | 0.2% |
C000258088 Performance
Total returns for C000258088 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.9% |
| 1 year | 3.2% |
C000258088 Risk Information
Risk metrics for C000258088, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.8%
C000258088 Costs and Fees
C000258088 costs about $50 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.50%
- Gross expense ratio: 0.67%
- Portfolio turnover: 108%
- Brokerage commissions: 0.88 bps of average net assets (SEC N-CEN)
C000258088 Cashflows
Over the 12 months to 2026-06, NVIT J.P. Morgan Inflation Managed Fund had net inflows of $214.29M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$2.56M |
| 2026-05 | −$2.25M |
| 2026-04 | −$2.59M |
| 2026-03 | −$2.44M |
| 2026-02 | −$2.20M |
| 2026-01 | $887.54K |
C000258088 Debt Constituents
Largest debt holdings of NVIT J.P. Morgan Inflation Managed Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States of America | 11.50% |
| United States of America | 10.95% |
| United States of America | 9.74% |
| United States of America | 9.51% |
| United States of America | 4.81% |
| United States of America | 1.74% |
| United States of America | 1.72% |
| Bank of America Corp. | 0.84% |
| United States of America | 0.72% |
| Morgan Stanley | 0.54% |
C000258088 Prospectus and SEC Filings
Official NVIT J.P. Morgan Inflation Managed Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Intermediate Treasury / Sovereign 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.