NWSXX — Nationwide Government Money Market Fund
Data updated: 2026-02-19
NWSXX — Nationwide Government Money Market Fund. Money Market · 0.73% expense ratio. Holdings, fees, performance and SEC filings.
NWSXX Fund Overview
NWSXX — Nationwide Government Money Market Fund is a US mutual fund managed by Nationwide Mutual Funds, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Nationwide Mutual Funds
- Category: Money Market
- Ticker: NWSXX
- SEC CIK: 0001048702
- SEC series ID: S000005013
- Share class ID: C000013650
NWSXX Investment Objective and Strategy
Nationwide Government Money Market Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Nationwide Mutual Funds.
Investment objective
The Nationwide Government Money Market Fund seeks as high a level of current income as is consistent with preserving capital and maintaining liquidity. The Fund is a “government” money market fund that seeks to maintain a stable net asset value of $1.00 per share.
Principal investment strategy
The Fund seeks to maintain a stable price of $1.00 per share by using the amortized cost method of valuation to value portfolio securities. The Fund invests primarily in a portfolio of U.S. government securities and repurchase agreements that are collateralized fully by cash or U.S. government securities, and which mature in 397 calendar days or less, with certain exceptions permitted by applicable regulations. U.S. government securities are debt securities issued and/or guaranteed as to principal and interest by the United States, or by a person controlled or supervised by and acting as an instrumentality of the government of the United States. The Fund will limit investments to those securities that are Eligible Securities as defined by applicable regulations at the time of purchase. The Fund maintains a dollar-weighted average maturity of no more than 60 calendar days and a weighted average life of no more than 120 calendar days.
The Fund operates as a Government Money Market Fund, as defined in Rule 2a-7 under the Investment Company Act of 1940, as amended. This means that the Fund invests at least 99.5% of its total assets in (1) U.S. government securities, (2) repurchase agreements that are collateralized fully by U.S. government securities or cash, (3) cash, and/or (4) other money market mutual funds that operate as Government Money Market Funds. Under normal circumstances, the Fund invests at least 80% of its net assets in U.S. government securities and repurchase agreements that are fully collateralized by U.S. government securities. In contrast to the Funds 99.5% policy, the Funds 80% policy does not include cash. The Fund does not currently intend to impose liquidity fees or redemption gates on Fund redemptions.
However, the Funds Board of Trustees may reserve the ability to subject the Fund to a liquidity fee and/or redemption gate in the future, after providing prior notice to shareholders. Because the Fund invests in short-term securities, the Funds subadviser generally sells securities only to meet liquidity needs, to maintain target allocations or to take advantage of more favorable opportunities.
NWSXX Holdings
Top 10 holdings of Nationwide Government Money Market Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Canadian Imperial Bank of Commerce | 12.73% |
| RBC Dominion Securities, Inc. | 12.73% |
| Banco Santander SA | 8.15% |
| U.S. Treasury Notes | 1.92% |
| U.S. Treasury Bills | 1.80% |
| MUFG Securities Ltd. | 1.70% |
| U.S. Treasury Bills | 1.50% |
| U.S. Treasury Bills | 1.49% |
| U.S. Treasury Notes | 1.41% |
| U.S. Treasury Notes | 1.34% |
NWSXX Costs and Fees
NWSXX costs about $73 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.73%
- Gross expense ratio: 0.75%
NWSXX Debt Constituents
No individual debt constituents are reported in Nationwide Government Money Market Fund's latest SEC N-PORT filing.
NWSXX Prospectus and SEC Filings
Official Nationwide Government Money Market Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Money Market 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.