NVIT Managed American Funds Asset Allocation Fund
Nationwide Variable Insurance Trust
Fund classification
Classified from what the fund holds · as of 2026 Q2
NVIT Managed American Funds Asset Allocation Fund is an actively managed U.S. alternative fund.
- Asset class
- Alternative
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Fund of funds
Fund profile
As filed in the prospectus · 2026 Q2
The NVIT Managed American Funds Asset Allocation Fund (the Asset Allocation Fund or the Fund) seeks to provide a high total return (including income and capital gains) consistent with preservation of capital over the long term.
The fund is a fund-of-funds that invests a majority of its assets in a diversified portfolio of American Funds mutual funds, with the remainder allocated to a volatility overlay managed by a subadviser. The overlay uses stock index futures to adjust the fund's overall equity exposure between 0% and 80% depending on market conditions, buying futures when volatility is low and selling or shorcing them when volatility is high. The filing states that the volatility overlay may not successfully reduce volatility and could result in underperformance or losses greater than if the fund did not implement it, and that use of leverage in the strategy may cause performance to be more volatile than without leverage.
| Share class | Expense ratio |
|---|---|
| C000138646 | 0.95% |
| C000221966 | 0.89% |
Portfolio turnover 17.55% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Other | 95.14% |
| Derivatives | 0.00% |
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to 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.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| RLBGX | American Balanced FundRLBGX | 28.55% | $742.30M | — |
| — | American Funds Growth Fund | 28.50% | $740.89M | — |
| — | American Funds Washington Mutual Investors Fund | 19.11% | $497.01M | — |
| — | Bond Fund of America (The) | 14.23% | $369.94M | — |
| — | American Funds U.S. Government Securities Fund | 4.75% | $123.55M | — |
| — | N/A | 0.01% | $0.15M | — |
| — | N/A | 0.00% | $0.02M | — |
Top 10 positions are 95.15% of net assets, top 25 95.15%, across 6 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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