# EDGAR Filing Document

**Accession Number:** 0000353905
**File Stem:** 0001193125-25-139187
**Filing Date:** 2025-6
**Character Count:** 5599
**Document Hash:** 0cfab0a493673c14129a22c66a4bc95c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-139187.hdr.sgml**: 20250611

**ACCESSION NUMBER**: 0001193125-25-139187

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20250611

**DATE AS OF CHANGE**: 20250611

**EFFECTIVENESS DATE**: 20250611

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NATIONWIDE VARIABLE INSURANCE TRUST
- **CENTRAL INDEX KEY:** 0000353905

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-73024
- **FILM NUMBER:** 251040537

**BUSINESS ADDRESS:**
- **STREET 1:** ONE NATIONWIDE PLAZA
- **STREET 2:** MAIL CODE 5-02-210
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215
- **BUSINESS PHONE:** 614-435-5749

**MAIL ADDRESS:**
- **STREET 1:** ONE NATIONWIDE PLAZA
- **STREET 2:** MAIL CODE 5-02-210
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GARTMORE VARIABLE INSURANCE TRUST
- **DATE OF NAME CHANGE:** 20020125

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NATIONWIDE SEPARATE ACCOUNT TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NATIONWIDE SEPARATE ACCOUNT MONEY MARKET TRUST
- **DATE OF NAME CHANGE:** 19860226

## Series and Classes Contracts Data

### NVIT Fidelity Institutional AM Emerging Markets Fund (Series ID: S000005425)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000014756 | Class I      |  |
| C000014757 | Class II     |  |
| C000075321 | Class Y      |  |
| C000168057 | Class D      |  |

**NATIONWIDE VARIABLE INSURANCE TRUST** 

NVIT Fidelity Institutional AM<sup>®</sup> Emerging Markets Fund *(formerly, NVIT Emerging Markets Fund)*

**Supplement dated June 11, 2025** 

**to the Summary Prospectus dated April 30, 2025** 

*Capitalized terms and certain other terms used in this supplement, unless otherwise defined in this supplement, have the meanings assigned to them in the Summary Prospectus.* 

Effective July 1, 2025, the Summary Prospectus is amended as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The table under the heading "Fees and Expenses" on page 1 of the Summary Prospectus is hereby deleted
and replaced with the following:

**Annual Fund Operating Expenses** (expenses that you pay each year as a percentage of the value of your investment)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Class I <br>Shares | Class II <br>Shares | Class D<br>Shares | Class Y<br>Shares |
| &nbsp;&nbsp;&nbsp; Management Fees | 0.95% | 0.95% | 0.95% | 0.95% |
| &nbsp;&nbsp;&nbsp; Distribution and/or Service (12b-1) Fees |  | 0.25% | 0.25% |  |
| &nbsp;&nbsp;&nbsp; Other Expenses | 0.31% | 0.31% | 0.36% | 0.16% |
| &nbsp;&nbsp;&nbsp; **Total Annual Fund Operating Expenses** | 1.26% | 1.51% | 1.56% | 1.11% |
| &nbsp;&nbsp;&nbsp; Fee Waiver/Expense Reimbursement <sup>(1)</sup> | (0.14)% | (0.14)% | (0.14)% | (0.14)% |
| &nbsp;&nbsp;&nbsp; **Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement** | 1.12% | 1.37% | 1.42% | 0.97% |

---

<sup>(1)</sup> Nationwide Variable Insurance Trust (the "Trust") and Nationwide Fund Advisors (the "Adviser") have entered into a written contract limiting annual fund operating expenses to 0.97% until at least April 30, 2027. Under the expense limitation agreement, the level to which operating expenses are limited applies to all share classes, excluding any taxes, interest, compensation payable to parties not affiliated with the Adviser for the recovery of tax reclaims, brokerage commissions, Rule 12b-1 fees, acquired fund fees and expenses, short-sale dividend expenses, administrative services fees, other expenses which are capitalized in accordance with generally accepted accounting principles and expenses incurred by the Fund in connection with any merger or reorganization, and may exclude other nonroutine expenses not incurred in the ordinary course of the Fund's business. The expense limitation agreement may be changed or eliminated only with the consent of the Board of Trustees of the Trust. The Adviser may request and receive reimbursement from the Fund for advisory fees waived or other expenses reimbursed by the Adviser pursuant to the expense limitation agreement at a date not to exceed three years from the date on which the corresponding waiver or reimbursement to the Fund was made. However, no reimbursement may be made unless: (i) the Fund's assets exceed $100 million and (ii) the total annual expense ratio is no higher than the amount of the expense limitation that was in place at the time the Adviser waived the fees or reimbursed the expenses and does not cause the expense ratio to exceed the current expense limitation. Reimbursement by the Fund of amounts previously waived or reimbursed by the Adviser is not permitted except as provided for in the expense limitation agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The table under the heading "Example" beginning on page 1 of the Summary Prospectus is hereby deleted
and replaced with the following:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **1 Year** | **3 Years** | **5 Years** | **10 Years** |
| &nbsp;&nbsp;&nbsp;Class I Shares | $114 | $386 | $678 | $1510 |
| &nbsp;&nbsp;&nbsp;Class II Shares | 139 | 463 | 810 | 1790 |
| &nbsp;&nbsp;&nbsp;Class D Shares | 145 | 479 | 837 | 1845 |
| &nbsp;&nbsp;&nbsp;Class Y Shares | 99 | 339 | 598 | 1339 |

---

**PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE**