GBDRX Fees and Costs — Nationwide Bond Fund, Class R
Data updated: 2025-03-19
The net expense ratio is 1.14%: a 0.40% management fee, a 0.50% 12b-1 fee plus 0.31% other expenses, less a 0.07% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $14K in broker commissions, 0.0052% of average net assets, and portfolio turnover was 42%.
GBDRX Fees and Expenses
Annual operating expenses and sales charges of GBDRX. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.31% |
| Gross expense ratio | 1.21% |
| Fee waiver | −0.07% |
| Net expense ratio | 1.14% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
GBDRX Costs Over Time
On $10,000 invested in GBDRX, assuming 5% a year before costs, total costs come to $714 over 5 years, cutting the return by 1.20% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.14%) | $120 | $373 | $646 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $19 | $66 |
| Total costs | $120 | $393 | $714 |
| Value after costs | $10,380 | $11,183 | $12,049 |
| Impact on return, per year | 1.20% | 1.20% | 1.20% |
GBDRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0052%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): $136.6M
- Portfolio turnover (prospectus): 42%
- Securities on loan, average value: $13.8M
- Net income from securities lending: $15K (0.005% of average net assets)
GBDRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $14K | 100.00% |
GBDRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $17.2M | 16.82% |
| BofA Securities, Inc. | $13.0M | 12.76% |
| Citigroup Global Markets Inc. | $12.2M | 11.98% |
| J.P. Morgan Securities LLC | $11.9M | 11.67% |
| Wells Fargo Securities, LLC | $11.4M | 11.17% |
| Goldman Sachs & Co. LLC | $9.1M | 8.96% |
| Barclays Capital, Inc. | $8.9M | 8.71% |
| Keybanc Capital Markets Inc. | $7.4M | 7.27% |
| Citadel Securities LLC | $6.7M | 6.52% |
| Mizuho Securities USA LLC | $4.2M | 4.14% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.