NVIT Loomis Core Bond Fund

Nationwide Variable Insurance Trust

Actively managed U.S. bond fund
$3.45B NAV
748 positions · as of 2026-06-30 · filed 2026-08-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

NVIT Loomis Core Bond Fund is an actively managed U.S. bond fund.

Asset class
Bonds
Region
United States
Management
Actively managed
Fund type
Open-end fund
Credit quality
Investment grade
Rate sensitivity
Intermediate duration

Fund profile

As filed in the prospectus · 2026 Q2

The NVIT Loomis Core Bond Fund seeks a high level of current income consistent with preserving capital.

Strategy · summarised

The fund is managed by a subadviser that constructs a portfolio of investment-grade bonds—including U.S. government securities, corporate bonds, mortgage-backed securities, and asset-backed securities—selected based on issuer financial strength, interest rate outlook, valuations, and the security's impact on overall portfolio risk and return. The subadviser typically maintains average portfolio duration within one year of the Bloomberg U.S. Aggregate Bond Index, though reserves the right to deviate when warranted. Because the fund's duration may diverge from the index, returns will differ from the index's returns.

Expenses
0.43% 0.83%across 4 share classes
Share classExpense ratio
C0000597970.58%
C0000597980.83%
C0000597990.43%
C0001122290.68%

Portfolio turnover 137.16% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.46%
of net assets
Bonds57.26%
Securitized41.60%
Cash & short-term1.60%
Derivatives0.00%

Derivatives are shown at market value, not notional exposure.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Securitized41.4%
Government15.8%
Other13.7%
International10.3%
12 smaller18.8%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 139 new108 exited

Largest new: United States of America ×2, BANK OF AMERICA N.A., Atmos Energy Corp., ING Bank NV, Wells Fargo & Co., FNMA, Mizuho Financial Group, Inc.

Largest exited: United States of America ×2, BNP PARIBAS, Abbott Laboratories, BMW US Capital LLC, New York Life Global Funding, Magnetite XVII Ltd., BNP Paribas SA

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+4.10%
3-year
+10.17%
5-year
-1.52%
Volatility
3.36%
Worst 3-yr fall
-6.39%
Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

This fund changed legal form during the period shown. The history above is continuous — it spans both eras, and the change is not a gap in reporting.

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30

Avg coupon
4.49%
Avg maturity
14.41 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

14%
floating
Fixed rate86.2%
Floating rate13.8%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1y10y+
<1y1.1%
1-3y12.7%
3-5y18.1%
5-10y17.0%
10y+51.1%
Flagged holdings
Defaulted: none reported
In arrears: none reported
Paid in kind: none reported

Based on what filers reported; a filer that never reported a flag also reads as none.

Risk profile

Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2

Most of this fund’s sensitivity is to interest rates, with credit spreads carrying nearly as much.

Interest-rate duration
5.25 yr
approx. move per 100bp
Credit-spread duration
3.56 yr
approx. move per 100bp
If rates and spreads both rise 100bp

Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.

≈ -9.0%
of value
Interest rates60%
Credit spreads40%

Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.

Credit risk by quality

Share of the fund's spread duration carried by each credit tier.

+3.56
yrs total
Investment grade+3.55 yr
High yield+0.01 yr
Where the risk sits on the curve

Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.

Interest rate5.25 yr total
3 mo30 yr
3 mo0.01 yr0%
1 yr0.35 yr7%
5 yr1.40 yr27%
10 yr2.03 yr39%
30 yr1.47 yr28%
Credit spread3.56 yr total
3 mo30 yr
3 mo0.01 yr0%
1 yr0.36 yr10%
5 yr1.43 yr40%
10 yr1.30 yr36%
30 yr0.47 yr13%

The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.

Show the numbers
TenorRate yrsIG yrsHY yrsIG $/bpHY $/bp
3 mo+0.01+0.01+0.00$3.5k$0
1 yr+0.35+0.35+0.00$122.4k$947
5 yr+1.40+1.42+0.01$489.9k$2.1k
10 yr+2.03+1.30+0.00$447.3k$0
30 yr+1.47+0.47+0.00$161.8k$0

Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
United States of America4.50% · due 2054-11-151.84%$63.37M
United States of America4.63% · due 2044-05-151.63%$56.12M
United States of America4.63% · due 2044-11-151.51%$52.23M
FHLMC Pool2.00% · due 2052-03-011.19%$40.90M
United States of America2.38% · due 2042-02-151.16%$40.11M
BANK OF AMERICA N.A.1.04%$35.90M
United States of America4.63% · due 2055-11-151.04%$35.79M
United States of America1.25% · due 2050-05-151.03%$35.69M
United States of America4.38% · due 2036-05-151.00%$34.46M
United States of America2.25% · due 2052-02-150.96%$32.99M
Showing 10 of 748Sign in to see more

Top 10 positions are 12.39% of net assets, top 25 20.06%, across 390 issuers.

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