GBIAX Fees and Costs — Nationwide Bond Index Fund, Class A
Data updated: 2026-09-18
The net expense ratio is 0.62%: a 0.18% management fee, a 0.25% 12b-1 fee plus 0.30% other expenses, less a 0.11% fee waiver. This share class carries a maximum front-end sales load of 2.25%. Portfolio turnover was 79%.
GBIAX Fees and Expenses
Annual operating expenses and sales charges of GBIAX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.18% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.30% |
| Gross expense ratio | 0.73% |
| Fee waiver | −0.11% |
| Net expense ratio | 0.62% |
| Sales charges | |
|---|---|
| Max front load | 2.25% |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
GBIAX Costs Over Time
On $10,000 invested in GBIAX, assuming 5% a year before costs, total costs come to $669 over 5 years, cutting the return by 1.12% 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 |
| Sales charges | $225 | $225 | $225 |
| Fund expenses (net expense ratio 0.62%) | $64 | $199 | $347 |
| Lost growth on money paid in costs | $11 | $45 | $97 |
| Total costs | $300 | $470 | $669 |
| Value after costs | $10,200 | $11,107 | $12,094 |
| Impact on return, per year | 3.00% | 1.44% | 1.12% |
GBIAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $465.0M
- Portfolio turnover (prospectus): 79%
- Securities on loan, average value: $13.0M
- Net income from securities lending: $18K (0.007% of average net assets)
GBIAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $190.5M | 45.73% |
| Morgan Stanley & Co. LLC | $147.0M | 35.28% |
| Nomura Securities International, Inc. | $16.9M | 4.06% |
| J.P. Morgan Securities LLC | $13.7M | 3.28% |
| BMO Capital Markets Corp. | $10.6M | 2.55% |
| RBC Capital Markets, LLC | $9.6M | 2.30% |
| Citigroup Global Markets Inc. | $7.6M | 1.83% |
| Wells Fargo Securities, LLC | $6.9M | 1.66% |
| Barclays Capital, Inc. | $6.9M | 1.66% |
| Deutsche Bank Securities Inc. | $6.9M | 1.65% |
Nationwide Bond Index Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GBXIX | Class R6 | 0.20% | none |
| NWXOX | Service Class | 0.45% | none |
| GBIAX | Class A | 0.62% | 2.25% |
| GBICX | Class C | 1.28% | none |
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.