# EDGAR Filing Document

**Accession Number:** 0001048702
**File Stem:** 0001137439-23-000004
**Filing Date:** 2023-1
**Character Count:** 68685
**Document Hash:** 799eac7110f0860602c702ced8a9cc6b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001137439-23-000004.hdr.sgml**: 20230103

**ACCESSION NUMBER**: 0001137439-23-000004

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20230103

**DATE AS OF CHANGE**: 20230103

**EFFECTIVENESS DATE**: 20230103

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NATIONWIDE MUTUAL FUNDS
- **CENTRAL INDEX KEY:** 0001048702
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-40455
- **FILM NUMBER:** 23500445

**BUSINESS ADDRESS:**
- **STREET 1:** ONE NATIONWIDE PLAZA
- **STREET 2:** MAIL CODE 05-02-210
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215
- **BUSINESS PHONE:** 614-435-5749

**MAIL ADDRESS:**
- **STREET 1:** ONE NATIONWIDE PLAZA
- **STREET 2:** MAIL CODE 05-02-210
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GARTMORE MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 20020125

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NATIONWIDE MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 19991015

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NATIONWIDE INVESTING FOUNDATION III
- **DATE OF NAME CHANGE:** 19971029

## Series and Classes Contracts Data

### Nationwide Bond Fund (Series ID: S000004971)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NBDAX         | C000013445 |
| Class C                     | GBDCX         | C000013447 |
| Institutional Service Class | MUIBX         | C000013448 |
| Class R6                    | NWIBX         | C000120823 |

---

### Nationwide Bond Index Fund (Series ID: S000004995)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | GBIAX         | C000013548 |
| Class R6                    | GBXIX         | C000013550 |
| Class R                     | nan           | C000033114 |
| Class C                     | GBICX         | C000033115 |
| Institutional Service Class | NWXOX         | C000175977 |

---

### Nationwide International Index Fund (Series ID: S000004997)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | GIIAX         | C000013557 |
| Class C                     | GIICX         | C000013559 |
| Class R6                    | GIXIX         | C000013560 |
| Class R                     | GIIRX         | C000033116 |
| Institutional Service Class | NWXPX         | C000175978 |

---

### Nationwide Mid Cap Market Index Fund (Series ID: S000004998)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | GMXAX         | C000013561 |
| Class C                     | GMCCX         | C000013563 |
| Class R6                    | GMXIX         | C000013564 |
| Class R                     | GMXRX         | C000033117 |
| Institutional Service Class | NWXQX         | C000175979 |

---

### Nationwide S&P 500 Index Fund (Series ID: S000004999)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | GRMAX         | C000013565 |
| Class C                     | GRMCX         | C000013567 |
| Class R6                    | GRMIX         | C000013568 |
| Service Class               | GRMSX         | C000013569 |
| Institutional Service Class | GRISX         | C000013570 |
| Class R                     | GRMRX         | C000033118 |

---

### Nationwide Small Cap Index Fund (Series ID: S000005000)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | GMRAX         | C000013572 |
| Class C                     | GMRCX         | C000013574 |
| Class R6                    | GMRIX         | C000013575 |
| Class R                     | GMSRX         | C000033119 |
| Institutional Service Class | NWXRX         | C000175980 |

---

### Nationwide BNY Mellon Dynamic U.S. Core Fund (Series ID: S000005011)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NMFAX         | C000013636 |
| Class C                     | GCGRX         | C000013638 |
| Class R                     | GGFRX         | C000013639 |
| Class R6                    | MUIGX         | C000025368 |
| Institutional Service Class | NGISX         | C000107253 |
| Eagle Class                 | NWAEX         | C000204949 |

---

### Nationwide Fund (Series ID: S000005012)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWFAX         | C000013642 |
| Class C                     | GTRCX         | C000013644 |
| Institutional Service Class | MUIFX         | C000013645 |
| Class R                     | GNWRX         | C000013646 |
| Class R6                    | NWABX         | C000200004 |

---

### Nationwide Government Money Market Fund (Series ID: S000005013)

---

|  |  |  |
|:---|:---|:---|
| Class Name    | Ticker Symbol | Class ID   |
| Class R6      | GMIXX         | C000013648 |
| Investor      | MIFXX         | C000013649 |
| Service Class | NWSXX         | C000013650 |

---

### Nationwide American Century Small Cap Income Fund (Series ID: S000020093)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWUAX         | C000056371 |
| Class C                     | NWUCX         | C000056372 |
| Class R6                    | NWUIX         | C000056373 |
| Institutional Service Class | NWUSX         | C000056374 |

---

### Nationwide Small Company Growth Fund (Series ID: S000033817)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWSAX         | C000104465 |
| Institutional Service Class | NWSIX         | C000104466 |

---

### Nationwide Global Sustainable Equity Fund (Series ID: S000037455)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | GGEAX         | C000115634 |
| Class C                     | GGECX         | C000115635 |
| Institutional Service Class | GGESX         | C000115636 |
| Class R6                    | GGEIX         | C000115637 |

---

### Nationwide Inflation-Protected Securities Fund (Series ID: S000038280)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NIFAX         | C000118164 |
| Class R6                    | NIFIX         | C000118165 |
| Institutional Service Class | NWXNX         | C000175981 |

---

### Nationwide BNY Mellon Core Plus Bond ESG Fund (Series ID: S000039094)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWCPX         | C000120179 |
| Institutional Service Class | NWCSX         | C000120180 |
| Class R6                    | NWCIX         | C000120181 |

---

### Nationwide Bailard Cognitive Value Fund (Series ID: S000041092)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWHDX         | C000127572 |
| Class C                     | NWHEX         | C000127573 |
| Class M                     | NWHFX         | C000127574 |
| Class R6                    | NWHGX         | C000127575 |
| Institutional Service Class | NWHHX         | C000127576 |

---

### Nationwide Loomis Short Term Bond Fund (Series ID: S000041095)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWJSX         | C000127585 |
| Class C                     | NWJTX         | C000127586 |
| Class R6                    | NWJUX         | C000127587 |
| Institutional Service Class | NWJVX         | C000127588 |

---

### Nationwide WCM Focused Small Cap Fund (Series ID: S000041096)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWGPX         | C000127589 |
| Class C                     | NWGQX         | C000127590 |
| Class R6                    | NWKEX         | C000127591 |
| Institutional Service Class | NWGSX         | C000127592 |

---

### Nationwide NYSE Arca Tech 100 Index Fund (Series ID: S000041099)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWJCX         | C000127602 |
| Class C                     | NWJDX         | C000127603 |
| Class R6                    | NWJEX         | C000127604 |
| Institutional Service Class | NWJFX         | C000127605 |

---

### Nationwide Bailard International Equities Fund (Series ID: S000041101)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | NWHJX         | C000127611 |
| Class C    | NWHKX         | C000127612 |
| Class M    | NWHLX         | C000127613 |
| Class R6   | NWHMX         | C000127614 |

---

### Nationwide Bailard Technology and Science Fund (Series ID: S000041102)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWHOX         | C000127615 |
| Class C                     | NWHPX         | C000127616 |
| Class M                     | NWHQX         | C000127617 |
| Class R6                    | NWHTX         | C000127618 |
| Institutional Service Class | NWHUX         | C000127619 |

---

### Nationwide Geneva Mid Cap Growth Fund (Series ID: S000041103)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWHVX         | C000127620 |
| Class C                     | NWHWX         | C000127621 |
| Class R6                    | NWKAX         | C000127622 |
| Institutional Service Class | NWHYX         | C000127623 |

---

### Nationwide Geneva Small Cap Growth Fund (Series ID: S000041104)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWHZX         | C000127624 |
| Class C                     | NWKBX         | C000127625 |
| Class R6                    | NWKCX         | C000127626 |
| Institutional Service Class | NWKDX         | C000127627 |

---

### Nationwide Loomis Core Bond Fund (Series ID: S000041106)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWJGX         | C000127632 |
| Class C                     | NWJHX         | C000127633 |
| Class R6                    | NWJIX         | C000127634 |
| Institutional Service Class | NWJJX         | C000127635 |

---

### Nationwide Diamond Hill Large Cap Concentrated Fund (Series ID: S000041108)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWGHX         | C000127640 |
| Class C                     | NWGIX         | C000127641 |
| Class R6                    | NWGJX         | C000127642 |
| Institutional Service Class | NWGKX         | C000127643 |

---

### Nationwide Amundi Global High Yield Fund (Series ID: S000051209)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWXIX         | C000161352 |
| Class C                     | NWXJX         | C000161353 |
| Class R6                    | NWXKX         | C000161354 |
| Institutional Service Class | NWXLX         | C000161355 |

---

### Nationwide Amundi Strategic Income Fund (Series ID: S000051210)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWXEX         | C000161356 |
| Class C                     | NWXFX         | C000161357 |
| Class R6                    | NWXGX         | C000161358 |
| Institutional Service Class | NWXHX         | C000161359 |

---

### Nationwide International Small Cap Fund (Series ID: S000055867)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWXSX         | C000175982 |
| Class R6                    | NWXUX         | C000175984 |
| Institutional Service Class | NWXVX         | C000175985 |

---

### Nationwide Loomis All Cap Growth Fund (Series ID: S000057621)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWZLX         | C000184012 |
| Class R6                    | NWZMX         | C000184013 |
| Institutional Service Class | NWZNX         | C000184014 |
| Eagle Class                 | NWADX         | C000201554 |

---

### Nationwide Janus Henderson Overseas Fund (Series ID: S000064917)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Institutional Service Class | (NWAKX)       | C000210162 |
| Class A                     | (NWAGX)       | C000210163 |
| Class R6                    | (NWAHX)       | C000210164 |
| Eagle Class                 | (NWAJX)       | C000210165 |

---

### Nationwide BNY Mellon Disciplined Value Fund (Series ID: S000066380)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Eagle Class                 | NWAPX         | C000214210 |
| Institutional Service Class | NWAOX         | C000214211 |
| Class A                     | NWALX         | C000214212 |
| Class K                     | NWAMX         | C000214213 |
| Class R6                    | NWANX         | C000214214 |

---

### Nationwide GQG US Quality Equity Fund (Series ID: S000070550)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Eagle Class                 | NWAYX         | C000224082 |
| Class A                     | NWAUX         | C000224083 |
| Class R6                    | NWAVX         | C000224084 |
| Institutional Service Class | NWAWX         | C000224085 |

---

## Series and Classes Contracts Data

### Nationwide Bond Fund (Series ID: S000004971)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000013445 | Class A                     | NBDAX           |
| C000013447 | Class C                     | GBDCX           |
| C000013448 | Institutional Service Class | MUIBX           |
| C000120823 | Class R6                    | NWIBX           |

### Nationwide Bond Index Fund (Series ID: S000004995)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000013548 | Class A                     | GBIAX           |
| C000013550 | Class R6                    | GBXIX           |
| C000033114 | Class R                     |  |
| C000033115 | Class C                     | GBICX           |
| C000175977 | Institutional Service Class | NWXOX           |

### Nationwide International Index Fund (Series ID: S000004997)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000013557 | Class A                     | GIIAX           |
| C000013559 | Class C                     | GIICX           |
| C000013560 | Class R6                    | GIXIX           |
| C000033116 | Class R                     | GIIRX           |
| C000175978 | Institutional Service Class | NWXPX           |

### Nationwide Mid Cap Market Index Fund (Series ID: S000004998)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000013561 | Class A                     | GMXAX           |
| C000013563 | Class C                     | GMCCX           |
| C000013564 | Class R6                    | GMXIX           |
| C000033117 | Class R                     | GMXRX           |
| C000175979 | Institutional Service Class | NWXQX           |

### Nationwide S&P 500 Index Fund (Series ID: S000004999)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000013565 | Class A                     | GRMAX           |
| C000013567 | Class C                     | GRMCX           |
| C000013568 | Class R6                    | GRMIX           |
| C000013569 | Service Class               | GRMSX           |
| C000013570 | Institutional Service Class | GRISX           |
| C000033118 | Class R                     | GRMRX           |

### Nationwide Small Cap Index Fund (Series ID: S000005000)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000013572 | Class A                     | GMRAX           |
| C000013574 | Class C                     | GMRCX           |
| C000013575 | Class R6                    | GMRIX           |
| C000033119 | Class R                     | GMSRX           |
| C000175980 | Institutional Service Class | NWXRX           |

### Nationwide BNY Mellon Dynamic U.S. Core Fund (Series ID: S000005011)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000013636 | Class A                     | NMFAX           |
| C000013638 | Class C                     | GCGRX           |
| C000013639 | Class R                     | GGFRX           |
| C000025368 | Class R6                    | MUIGX           |
| C000107253 | Institutional Service Class | NGISX           |
| C000204949 | Eagle Class                 | NWAEX           |

### Nationwide Fund (Series ID: S000005012)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000013642 | Class A                     | NWFAX           |
| C000013644 | Class C                     | GTRCX           |
| C000013645 | Institutional Service Class | MUIFX           |
| C000013646 | Class R                     | GNWRX           |
| C000200004 | Class R6                    | NWABX           |

### Nationwide Government Money Market Fund (Series ID: S000005013)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000013648 | Class R6      | GMIXX           |
| C000013649 | Investor      | MIFXX           |
| C000013650 | Service Class | NWSXX           |

### Nationwide American Century Small Cap Income Fund (Series ID: S000020093)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000056371 | Class A                     | NWUAX           |
| C000056372 | Class C                     | NWUCX           |
| C000056373 | Class R6                    | NWUIX           |
| C000056374 | Institutional Service Class | NWUSX           |

### Nationwide Small Company Growth Fund (Series ID: S000033817)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000104465 | Class A                     | NWSAX           |
| C000104466 | Institutional Service Class | NWSIX           |

### Nationwide Global Sustainable Equity Fund (Series ID: S000037455)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000115634 | Class A                     | GGEAX           |
| C000115635 | Class C                     | GGECX           |
| C000115636 | Institutional Service Class | GGESX           |
| C000115637 | Class R6                    | GGEIX           |

### Nationwide Inflation-Protected Securities Fund (Series ID: S000038280)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000118164 | Class A                     | NIFAX           |
| C000118165 | Class R6                    | NIFIX           |
| C000175981 | Institutional Service Class | NWXNX           |

### Nationwide BNY Mellon Core Plus Bond ESG Fund (Series ID: S000039094)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000120179 | Class A                     | NWCPX           |
| C000120180 | Institutional Service Class | NWCSX           |
| C000120181 | Class R6                    | NWCIX           |

### Nationwide Bailard Cognitive Value Fund (Series ID: S000041092)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000127572 | Class A                     | NWHDX           |
| C000127573 | Class C                     | NWHEX           |
| C000127574 | Class M                     | NWHFX           |
| C000127575 | Class R6                    | NWHGX           |
| C000127576 | Institutional Service Class | NWHHX           |

### Nationwide Loomis Short Term Bond Fund (Series ID: S000041095)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000127585 | Class A                     | NWJSX           |
| C000127586 | Class C                     | NWJTX           |
| C000127587 | Class R6                    | NWJUX           |
| C000127588 | Institutional Service Class | NWJVX           |

### Nationwide WCM Focused Small Cap Fund (Series ID: S000041096)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000127589 | Class A                     | NWGPX           |
| C000127590 | Class C                     | NWGQX           |
| C000127591 | Class R6                    | NWKEX           |
| C000127592 | Institutional Service Class | NWGSX           |

### Nationwide NYSE Arca Tech 100 Index Fund (Series ID: S000041099)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000127602 | Class A                     | NWJCX           |
| C000127603 | Class C                     | NWJDX           |
| C000127604 | Class R6                    | NWJEX           |
| C000127605 | Institutional Service Class | NWJFX           |

### Nationwide Bailard International Equities Fund (Series ID: S000041101)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000127611 | Class A      | NWHJX           |
| C000127612 | Class C      | NWHKX           |
| C000127613 | Class M      | NWHLX           |
| C000127614 | Class R6     | NWHMX           |

### Nationwide Bailard Technology and Science Fund (Series ID: S000041102)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000127615 | Class A                     | NWHOX           |
| C000127616 | Class C                     | NWHPX           |
| C000127617 | Class M                     | NWHQX           |
| C000127618 | Class R6                    | NWHTX           |
| C000127619 | Institutional Service Class | NWHUX           |

### Nationwide Geneva Mid Cap Growth Fund (Series ID: S000041103)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000127620 | Class A                     | NWHVX           |
| C000127621 | Class C                     | NWHWX           |
| C000127622 | Class R6                    | NWKAX           |
| C000127623 | Institutional Service Class | NWHYX           |

### Nationwide Geneva Small Cap Growth Fund (Series ID: S000041104)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000127624 | Class A                     | NWHZX           |
| C000127625 | Class C                     | NWKBX           |
| C000127626 | Class R6                    | NWKCX           |
| C000127627 | Institutional Service Class | NWKDX           |

### Nationwide Loomis Core Bond Fund (Series ID: S000041106)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000127632 | Class A                     | NWJGX           |
| C000127633 | Class C                     | NWJHX           |
| C000127634 | Class R6                    | NWJIX           |
| C000127635 | Institutional Service Class | NWJJX           |

### Nationwide Diamond Hill Large Cap Concentrated Fund (Series ID: S000041108)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000127640 | Class A                     | NWGHX           |
| C000127641 | Class C                     | NWGIX           |
| C000127642 | Class R6                    | NWGJX           |
| C000127643 | Institutional Service Class | NWGKX           |

### Nationwide Amundi Global High Yield Fund (Series ID: S000051209)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000161352 | Class A                     | NWXIX           |
| C000161353 | Class C                     | NWXJX           |
| C000161354 | Class R6                    | NWXKX           |
| C000161355 | Institutional Service Class | NWXLX           |

### Nationwide Amundi Strategic Income Fund (Series ID: S000051210)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000161356 | Class A                     | NWXEX           |
| C000161357 | Class C                     | NWXFX           |
| C000161358 | Class R6                    | NWXGX           |
| C000161359 | Institutional Service Class | NWXHX           |

### Nationwide International Small Cap Fund (Series ID: S000055867)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000175982 | Class A                     | NWXSX           |
| C000175984 | Class R6                    | NWXUX           |
| C000175985 | Institutional Service Class | NWXVX           |

### Nationwide Loomis All Cap Growth Fund (Series ID: S000057621)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000184012 | Class A                     | NWZLX           |
| C000184013 | Class R6                    | NWZMX           |
| C000184014 | Institutional Service Class | NWZNX           |
| C000201554 | Eagle Class                 | NWADX           |

### Nationwide Janus Henderson Overseas Fund (Series ID: S000064917)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000210162 | Institutional Service Class | (NWAKX)         |
| C000210163 | Class A                     | (NWAGX)         |
| C000210164 | Class R6                    | (NWAHX)         |
| C000210165 | Eagle Class                 | (NWAJX)         |

### Nationwide BNY Mellon Disciplined Value Fund (Series ID: S000066380)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000214210 | Eagle Class                 | NWAPX           |
| C000214211 | Institutional Service Class | NWAOX           |
| C000214212 | Class A                     | NWALX           |
| C000214213 | Class K                     | NWAMX           |
| C000214214 | Class R6                    | NWANX           |

### Nationwide GQG US Quality Equity Fund (Series ID: S000070550)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000224082 | Eagle Class                 | NWAYX           |
| C000224083 | Class A                     | NWAUX           |
| C000224084 | Class R6                    | NWAVX           |
| C000224085 | Institutional Service Class | NWAWX           |

#### NATIONWIDE MUTUAL FUNDS

---

| | |
|:---|:---|
| Nationwide American Century Small Cap Income Fund | Nationwide Geneva Small Cap Growth Fund |
| Nationwide Amundi Global High Yield Fund | Nationwide Global Sustainable Equity Fund |
| Nationwide Amundi Strategic Income Fund | Nationwide Government Money Market Fund |
| Nationwide Bailard Cognitive Value Fund | Nationwide GQG US Quality Equity Fund |
| Nationwide Bailard International Equities Fund | Nationwide Inflation-Protected Securities Fund |
| Nationwide Bailard Technology & Science Fund | Nationwide International Index Fund |
| Nationwide BNY Mellon Core Plus Bond ESG Fund | Nationwide International Small Cap Fund |
| *(formerly, Nationwide Core Plus Bond Fund)* | Nationwide Janus Henderson Overseas Fund *(formerly,* |
| Nationwide BNY Mellon Disciplined Value Fund | *Nationwide AllianzGI International Growth Fund)* |
| *(formerly, Nationwide Mellon Disciplined Value Fund)* | Nationwide Loomis All Cap Growth Fund |
| Nationwide BNY Mellon Dynamic U.S. Core Fund | Nationwide Loomis Core Bond Fund |
| *(formerly, Nationwide Mellon Dynamic U.S. Core Fund)* | Nationwide Loomis Short Term Bond Fund |
| Nationwide Bond Fund | Nationwide Mid Cap Market Index Fund |
| Nationwide Bond Index Fund | Nationwide NYSE Arca Tech 100 Index Fund |
| Nationwide Diamond Hill Large Cap Concentrated Fund | Nationwide S&P 500 Index Fund |
| Nationwide Fund | Nationwide Small Cap Index Fund |
| Nationwide Geneva Mid Cap Growth Fund | Nationwide Small Company Growth Fund |
|  | Nationwide WCM Focused Small Cap Fund |

---

#### Supplement dated January 3, 2022

#### to the Statement of Additional Information ("SAI") dated February 28, 2022

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Effective December 31, 2022, Paula H.J. Cholmondeley and Phyllis Kay Dryden retired from the Board of Trustees of Nationwide Mutual Funds (the
 "Trust").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. On June 15, 2022, the Board of Trustees of the Trust approved the nomination of Kristina Junco Bradshaw and Charlotte
 Tiedemann Petersen (the "New Trustees") to serve as Trustees of the Trust. Their terms commenced on January 1, 2023. The New Trustees are not considered
 to be "interested persons" of the Trust as defined in the Investment Company Act of 1940, as amended.

3. Effective immediately, the SAI is amended as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. The following replaces the tables and accompanying footnotes under the heading "Independent Trustees" and "Interested Trustee" beginning on page 59 of the SAI:

------

#### Independent Trustees

---

| | | |
|:---|:---|:---|
| **Kristina** **Junco Bradshaw** | **Kristina** **Junco Bradshaw** | **Kristina** **Junco Bradshaw** |
| **Year of Birth** | **Positions Held with Trust and Length of Time Served<sup>1</sup>** | **Number of Portfolios Overseen in the Nationwide Fund Complex** |
| 1980 | Trustee since January 2023 | 134 |
| **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Retired. Ms. Bradshaw was a Portfolio Manager on the Dividend Value team at Invesco from August 2006 to August 2020. Prior to this time, Ms. Bradshaw was an investment banker in the Global Energy & Utilities group at Morgan Stanley from June 2002 to July 2004. | **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Retired. Ms. Bradshaw was a Portfolio Manager on the Dividend Value team at Invesco from August 2006 to August 2020. Prior to this time, Ms. Bradshaw was an investment banker in the Global Energy & Utilities group at Morgan Stanley from June 2002 to July 2004. | **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Retired. Ms. Bradshaw was a Portfolio Manager on the Dividend Value team at Invesco from August 2006 to August 2020. Prior to this time, Ms. Bradshaw was an investment banker in the Global Energy & Utilities group at Morgan Stanley from June 2002 to July 2004. |
| **Other Directorships held During the Past Five Years**<sup>2</sup> Board Member of Southern Smoke Foundation from August 2020 to present, Advisory Board Member of Dress for Success from April 2013 to present, Trustee/Executive Board Member of Houston Ballet from September 2011 to present and President since July 2022, and Board Member of Hermann Park Conservancy from August 2011 to present, serving as Board Chair since 2020. | **Other Directorships held During the Past Five Years**<sup>2</sup> Board Member of Southern Smoke Foundation from August 2020 to present, Advisory Board Member of Dress for Success from April 2013 to present, Trustee/Executive Board Member of Houston Ballet from September 2011 to present and President since July 2022, and Board Member of Hermann Park Conservancy from August 2011 to present, serving as Board Chair since 2020. | **Other Directorships held During the Past Five Years**<sup>2</sup> Board Member of Southern Smoke Foundation from August 2020 to present, Advisory Board Member of Dress for Success from April 2013 to present, Trustee/Executive Board Member of Houston Ballet from September 2011 to present and President since July 2022, and Board Member of Hermann Park Conservancy from August 2011 to present, serving as Board Chair since 2020. |
| **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Ms. Bradshaw has significant board experience; significant portfolio management experience in the investment management industry and is a Chartered Financial Analyst. | **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Ms. Bradshaw has significant board experience; significant portfolio management experience in the investment management industry and is a Chartered Financial Analyst. | **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Ms. Bradshaw has significant board experience; significant portfolio management experience in the investment management industry and is a Chartered Financial Analyst. |
| **Lorn C. Davis** | **Lorn C. Davis** | **Lorn C. Davis** |
| **Year of Birth** | **Positions Held with Trust and Length of Time Served<sup>1</sup>** | **Number of Portfolios Overseen in the Nationwide Fund Complex** |
| 1968 | Trustee since January 2021 | 134 |
| **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Mr. Davis has been a Managing Partner of College Hill Capital Partners, LLC (private equity) since June 2016. From September 1998 until May 2016, Mr. Davis originated and managed debt and equity investments for John Hancock Life Insurance Company (U.S.A.)/Hancock Capital Management, LLC, serving as a Managing Director from September 2003 through May 2016. | **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Mr. Davis has been a Managing Partner of College Hill Capital Partners, LLC (private equity) since June 2016. From September 1998 until May 2016, Mr. Davis originated and managed debt and equity investments for John Hancock Life Insurance Company (U.S.A.)/Hancock Capital Management, LLC, serving as a Managing Director from September 2003 through May 2016. | **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Mr. Davis has been a Managing Partner of College Hill Capital Partners, LLC (private equity) since June 2016. From September 1998 until May 2016, Mr. Davis originated and managed debt and equity investments for John Hancock Life Insurance Company (U.S.A.)/Hancock Capital Management, LLC, serving as a Managing Director from September 2003 through May 2016. |
| **Other Directorships held During the Past Five Years**<sup>2</sup> Board Member of Outlook Group Holdings, LLC from July 2006 to May 2016, serving as Chair to the Audit committee and member of the Compensation committee, Board Member of MA Holdings, LLC from November 2006 to October 2015, Board Member of IntegraColor, Ltd. from February 2007 to September 2015, Board Member of The Pine Street Inn from 2009 to present, currently serving as Chair of the Board, Member of the Advisory Board (non-fiduciary) of Mearthane Products Corporation from September 2019 to present, and Board Member of The College of Holy Cross since July 2022. | **Other Directorships held During the Past Five Years**<sup>2</sup> Board Member of Outlook Group Holdings, LLC from July 2006 to May 2016, serving as Chair to the Audit committee and member of the Compensation committee, Board Member of MA Holdings, LLC from November 2006 to October 2015, Board Member of IntegraColor, Ltd. from February 2007 to September 2015, Board Member of The Pine Street Inn from 2009 to present, currently serving as Chair of the Board, Member of the Advisory Board (non-fiduciary) of Mearthane Products Corporation from September 2019 to present, and Board Member of The College of Holy Cross since July 2022. | **Other Directorships held During the Past Five Years**<sup>2</sup> Board Member of Outlook Group Holdings, LLC from July 2006 to May 2016, serving as Chair to the Audit committee and member of the Compensation committee, Board Member of MA Holdings, LLC from November 2006 to October 2015, Board Member of IntegraColor, Ltd. from February 2007 to September 2015, Board Member of The Pine Street Inn from 2009 to present, currently serving as Chair of the Board, Member of the Advisory Board (non-fiduciary) of Mearthane Products Corporation from September 2019 to present, and Board Member of The College of Holy Cross since July 2022. |
| **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Mr. Davis has significant board experience; significant past service at a large asset management company and significant experience in the investment management industry. Mr. Davis is a Chartered Financial Analyst and earned a Certificate of Director Education from the National Association of Corporate Directors in 2008. | **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Mr. Davis has significant board experience; significant past service at a large asset management company and significant experience in the investment management industry. Mr. Davis is a Chartered Financial Analyst and earned a Certificate of Director Education from the National Association of Corporate Directors in 2008. | **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Mr. Davis has significant board experience; significant past service at a large asset management company and significant experience in the investment management industry. Mr. Davis is a Chartered Financial Analyst and earned a Certificate of Director Education from the National Association of Corporate Directors in 2008. |
| **Barbara I. Jacobs** | **Barbara I. Jacobs** | **Barbara I. Jacobs** |
| **Year of Birth** | **Positions Held with Trust and Length of Time Served<sup>1</sup>** | **Number of Portfolios Overseen in the Nationwide Fund Complex** |
| 1950 | Trustee since December 2004 | 134 |
| **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Retired. From 1988 through 2003, Ms. Jacobs was a Managing Director and European Portfolio Manager of CREF Investments (Teachers Insurance and Annuity Association—College Retirement Equities Fund). Ms. Jacobs also served as Chairman of the Board of Directors of KICAP Network Fund, a European (United Kingdom) hedge fund, from January 2001 through January 2006. | **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Retired. From 1988 through 2003, Ms. Jacobs was a Managing Director and European Portfolio Manager of CREF Investments (Teachers Insurance and Annuity Association—College Retirement Equities Fund). Ms. Jacobs also served as Chairman of the Board of Directors of KICAP Network Fund, a European (United Kingdom) hedge fund, from January 2001 through January 2006. | **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Retired. From 1988 through 2003, Ms. Jacobs was a Managing Director and European Portfolio Manager of CREF Investments (Teachers Insurance and Annuity Association—College Retirement Equities Fund). Ms. Jacobs also served as Chairman of the Board of Directors of KICAP Network Fund, a European (United Kingdom) hedge fund, from January 2001 through January 2006. |
| **Other Directorships held During the Past Five Years**<sup>2</sup> Trustee and Board Chair of Project Lede from 2013 to present. | **Other Directorships held During the Past Five Years**<sup>2</sup> Trustee and Board Chair of Project Lede from 2013 to present. | **Other Directorships held During the Past Five Years**<sup>2</sup> Trustee and Board Chair of Project Lede from 2013 to present. |
| **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Ms. Jacobs has significant board experience and significant executive and portfolio management experience in the investment management industry. | **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Ms. Jacobs has significant board experience and significant executive and portfolio management experience in the investment management industry. | **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Ms. Jacobs has significant board experience and significant executive and portfolio management experience in the investment management industry. |
| **Keith F. Karlawish** | **Keith F. Karlawish** | **Keith F. Karlawish** |
| **Year of Birth** | **Positions Held with Trust and Length of Time Served<sup>1</sup>** | **Number of Portfolios Overseen in the Nationwide Fund Complex** |
| 1964 | Trustee since March 2012; Chairman since January 2021 | 134 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Mr. Karlawish is a Senior Director of Wealth Management with Curi Capital which acquired Park Ridge Asset Management, LLC in August 2022. Prior to this time, Mr. Karlawish was a partner with Park Ridge Asset Management, LLC since December 2008 and also served as a portfolio manager. From May 2002 until October 2008, Mr. Karlawish was the President of BB&T Asset Management, Inc., and was President of the BB&T Mutual Funds and BB&T Variable Insurance Funds from February 2005 until October 2008. | **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Mr. Karlawish is a Senior Director of Wealth Management with Curi Capital which acquired Park Ridge Asset Management, LLC in August 2022. Prior to this time, Mr. Karlawish was a partner with Park Ridge Asset Management, LLC since December 2008 and also served as a portfolio manager. From May 2002 until October 2008, Mr. Karlawish was the President of BB&T Asset Management, Inc., and was President of the BB&T Mutual Funds and BB&T Variable Insurance Funds from February 2005 until October 2008. | **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Mr. Karlawish is a Senior Director of Wealth Management with Curi Capital which acquired Park Ridge Asset Management, LLC in August 2022. Prior to this time, Mr. Karlawish was a partner with Park Ridge Asset Management, LLC since December 2008 and also served as a portfolio manager. From May 2002 until October 2008, Mr. Karlawish was the President of BB&T Asset Management, Inc., and was President of the BB&T Mutual Funds and BB&T Variable Insurance Funds from February 2005 until October 2008. |
| **Other Directorships held During the Past Five Years**<sup>2</sup> None | **Other Directorships held During the Past Five Years**<sup>2</sup> None | **Other Directorships held During the Past Five Years**<sup>2</sup> None |
| **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Mr. Karlawish has significant board experience, including past service on the boards of BB&T Mutual Funds and BB&T Variable Insurance Funds; significant executive experience, including past service at a large asset management company and significant experience in the investment management industry. | **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Mr. Karlawish has significant board experience, including past service on the boards of BB&T Mutual Funds and BB&T Variable Insurance Funds; significant executive experience, including past service at a large asset management company and significant experience in the investment management industry. | **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Mr. Karlawish has significant board experience, including past service on the boards of BB&T Mutual Funds and BB&T Variable Insurance Funds; significant executive experience, including past service at a large asset management company and significant experience in the investment management industry. |
| **Carol A. Kosel** | **Carol A. Kosel** | **Carol A. Kosel** |
| **Year of Birth** | **Positions Held with Trust and Length of Time Served<sup>1</sup>** | **Number of Portfolios Overseen in the Nationwide Fund Complex** |
| 1963 | Trustee since March 2013 | 134 |
| **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Retired. Ms. Kosel was a consultant to the Evergreen Funds Board of Trustees from October 2005 to December 2007. She was Senior Vice President, Treasurer, and Head of Fund Administration of the Evergreen Funds from April 1997 to October 2005. | **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Retired. Ms. Kosel was a consultant to the Evergreen Funds Board of Trustees from October 2005 to December 2007. She was Senior Vice President, Treasurer, and Head of Fund Administration of the Evergreen Funds from April 1997 to October 2005. | **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Retired. Ms. Kosel was a consultant to the Evergreen Funds Board of Trustees from October 2005 to December 2007. She was Senior Vice President, Treasurer, and Head of Fund Administration of the Evergreen Funds from April 1997 to October 2005. |
| **Other Directorships held During the Past Five Years**<sup>2</sup> None | **Other Directorships held During the Past Five Years**<sup>2</sup> None | **Other Directorships held During the Past Five Years**<sup>2</sup> None |
| **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Ms. Kosel has significant board experience, including past service on the boards of Evergreen Funds and Sun Capital Advisers Trust; significant executive experience, including past service at a large asset management company and significant experience in the investment management industry. | **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Ms. Kosel has significant board experience, including past service on the boards of Evergreen Funds and Sun Capital Advisers Trust; significant executive experience, including past service at a large asset management company and significant experience in the investment management industry. | **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Ms. Kosel has significant board experience, including past service on the boards of Evergreen Funds and Sun Capital Advisers Trust; significant executive experience, including past service at a large asset management company and significant experience in the investment management industry. |
| **Douglas F. Kridler** | **Douglas F. Kridler** | **Douglas F. Kridler** |
| **Year of Birth** | **Positions Held with Trust and Length of Time Served<sup>1</sup>** | **Number of Portfolios Overseen in the Nationwide Fund Complex** |
| 1955 | Trustee since September 1997 | 134 |
| **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Since 2002, Mr. Kridler has served as the President and Chief Executive Officer of The Columbus Foundation, a $2.5 billion community foundation with 2,000 funds in 55 Ohio counties and 37 states in the U.S. | **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Since 2002, Mr. Kridler has served as the President and Chief Executive Officer of The Columbus Foundation, a $2.5 billion community foundation with 2,000 funds in 55 Ohio counties and 37 states in the U.S. | **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Since 2002, Mr. Kridler has served as the President and Chief Executive Officer of The Columbus Foundation, a $2.5 billion community foundation with 2,000 funds in 55 Ohio counties and 37 states in the U.S. |
| **Other Directorships held During the Past Five Years**<sup>2</sup> None | **Other Directorships held During the Past Five Years**<sup>2</sup> None | **Other Directorships held During the Past Five Years**<sup>2</sup> None |
| **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Mr. Kridler has significant board experience; significant executive experience, including service as president and chief executive officer of one of America's largest community foundations and significant service to his community and the philanthropic field in numerous leadership roles. | **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Mr. Kridler has significant board experience; significant executive experience, including service as president and chief executive officer of one of America's largest community foundations and significant service to his community and the philanthropic field in numerous leadership roles. | **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Mr. Kridler has significant board experience; significant executive experience, including service as president and chief executive officer of one of America's largest community foundations and significant service to his community and the philanthropic field in numerous leadership roles. |
| **Charlotte Tiedemann Petersen** | **Charlotte Tiedemann Petersen** | **Charlotte Tiedemann Petersen** |
| **Year of Birth** | **Positions Held with Trust and Length of Time Served<sup>1</sup>** | **Number of Portfolios Overseen in the Nationwide Fund Complex** |
| 1960 | Trustee since January 2023 | 134 |
| **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Self-employed as a private real estate investor/principal since January 2011. Ms. Petersen served as Chief Investment Officer at Alexander Capital Management from April 2006 to December 2010. From July 1993 to June 2002, Ms. Petersen was a Portfolio Manager, Partner and Management Committee member of Denver Investment Advisors LLC. | **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Self-employed as a private real estate investor/principal since January 2011. Ms. Petersen served as Chief Investment Officer at Alexander Capital Management from April 2006 to December 2010. From July 1993 to June 2002, Ms. Petersen was a Portfolio Manager, Partner and Management Committee member of Denver Investment Advisors LLC. | **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Self-employed as a private real estate investor/principal since January 2011. Ms. Petersen served as Chief Investment Officer at Alexander Capital Management from April 2006 to December 2010. From July 1993 to June 2002, Ms. Petersen was a Portfolio Manager, Partner and Management Committee member of Denver Investment Advisors LLC. |
| **Other Directorships held During the Past Five Years**<sup>2</sup> Investment Committee for the University of Colorado Foundation from February 2015 to June 2022. | **Other Directorships held During the Past Five Years**<sup>2</sup> Investment Committee for the University of Colorado Foundation from February 2015 to June 2022. | **Other Directorships held During the Past Five Years**<sup>2</sup> Investment Committee for the University of Colorado Foundation from February 2015 to June 2022. |

---

------

---

| | | |
|:---|:---|:---|
| **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Ms. Petersen has significant board experience including past service as a Trustee of Scout Funds and Director of Fischer Imaging, where she chaired committees for both entities; significant experience in the investment management industry and is a Chartered Financial Analyst. | **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Ms. Petersen has significant board experience including past service as a Trustee of Scout Funds and Director of Fischer Imaging, where she chaired committees for both entities; significant experience in the investment management industry and is a Chartered Financial Analyst. | **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Ms. Petersen has significant board experience including past service as a Trustee of Scout Funds and Director of Fischer Imaging, where she chaired committees for both entities; significant experience in the investment management industry and is a Chartered Financial Analyst. |
| **David E. Wezdenko** | **David E. Wezdenko** | **David E. Wezdenko** |
| **Year of Birth** | **Positions Held with Trust and Length of Time Served<sup>1</sup>** | **Number of Portfolios Overseen in the Nationwide Fund Complex** |
| 1963 | Trustee since January 2021 | 134 |
| **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Mr. Wezdenko is a Co-Founder of Blue Leaf Ventures (venture capital firm, founded May 2018). From November 2008 until December 2017, Mr. Wezdenko was Managing Director of JPMorgan Chase & Co. | **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Mr. Wezdenko is a Co-Founder of Blue Leaf Ventures (venture capital firm, founded May 2018). From November 2008 until December 2017, Mr. Wezdenko was Managing Director of JPMorgan Chase & Co. | **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Mr. Wezdenko is a Co-Founder of Blue Leaf Ventures (venture capital firm, founded May 2018). From November 2008 until December 2017, Mr. Wezdenko was Managing Director of JPMorgan Chase & Co. |
| **Other Directorships held During the Past Five Years**<sup>2</sup> Independent Trustee for National Philanthropic Trust from October 2021 to present. Board Director of J.P. Morgan Private Placements LLC from January 2010 to December 2017. | **Other Directorships held During the Past Five Years**<sup>2</sup> Independent Trustee for National Philanthropic Trust from October 2021 to present. Board Director of J.P. Morgan Private Placements LLC from January 2010 to December 2017. | **Other Directorships held During the Past Five Years**<sup>2</sup> Independent Trustee for National Philanthropic Trust from October 2021 to present. Board Director of J.P. Morgan Private Placements LLC from January 2010 to December 2017. |
| **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Mr. Wezdenko has significant board experience; significant past service at a large asset and wealth management company and significant experience in the investment management industry. | **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Mr. Wezdenko has significant board experience; significant past service at a large asset and wealth management company and significant experience in the investment management industry. | **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Mr. Wezdenko has significant board experience; significant past service at a large asset and wealth management company and significant experience in the investment management industry. |

---

#### Interested Trustee

---

| | | |
|:---|:---|:---|
| M. Diane Koken<sup>3</sup> | M. Diane Koken<sup>3</sup> | M. Diane Koken<sup>3</sup> |
| **Year of Birth** | **Positions Held with Trust and Length of Time Served<sup>1</sup>** | **Number of Portfolios Overseen in the Nationwide Fund Complex** |
| 1952 | Trustee since April 2019 | 134 |
| **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Self-employed as a legal/regulatory consultant since 2007. Ms. Koken served as Insurance Commissioner of Pennsylvania, for three governors, from 1997–2007, and as the President of the National Association of Insurance Commissioners (NAIC) from September 2004 to December 2005. Prior to becoming Insurance Commissioner of Pennsylvania, she held multiple legal roles, including vice president, general counsel and corporate secretary of a national life insurance company. | **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Self-employed as a legal/regulatory consultant since 2007. Ms. Koken served as Insurance Commissioner of Pennsylvania, for three governors, from 1997–2007, and as the President of the National Association of Insurance Commissioners (NAIC) from September 2004 to December 2005. Prior to becoming Insurance Commissioner of Pennsylvania, she held multiple legal roles, including vice president, general counsel and corporate secretary of a national life insurance company. | **Principal Occupation(s) During the Past Five Years (or Longer)**<br> Self-employed as a legal/regulatory consultant since 2007. Ms. Koken served as Insurance Commissioner of Pennsylvania, for three governors, from 1997–2007, and as the President of the National Association of Insurance Commissioners (NAIC) from September 2004 to December 2005. Prior to becoming Insurance Commissioner of Pennsylvania, she held multiple legal roles, including vice president, general counsel and corporate secretary of a national life insurance company. |
| **Other Directorships held During the Past Five Years**<sup>2</sup> Director of Nationwide Mutual Insurance Company 2007-present, Director of Nationwide Mutual Fire Insurance Company 2007-present, Director of Nationwide Corporation 2007-present, Director of Capital BlueCross 2011-present, Director of NORCAL Mutual Insurance Company 2009-2021, Director of Medicus Insurance Company 2009-present, Director of Hershey Trust Company 2015-present, Manager of Milton Hershey School Board of Managers 2015-present, Director and Chair of Hershey Foundation 2016-present, and Director of The Hershey Company 2017-present. | **Other Directorships held During the Past Five Years**<sup>2</sup> Director of Nationwide Mutual Insurance Company 2007-present, Director of Nationwide Mutual Fire Insurance Company 2007-present, Director of Nationwide Corporation 2007-present, Director of Capital BlueCross 2011-present, Director of NORCAL Mutual Insurance Company 2009-2021, Director of Medicus Insurance Company 2009-present, Director of Hershey Trust Company 2015-present, Manager of Milton Hershey School Board of Managers 2015-present, Director and Chair of Hershey Foundation 2016-present, and Director of The Hershey Company 2017-present. | **Other Directorships held During the Past Five Years**<sup>2</sup> Director of Nationwide Mutual Insurance Company 2007-present, Director of Nationwide Mutual Fire Insurance Company 2007-present, Director of Nationwide Corporation 2007-present, Director of Capital BlueCross 2011-present, Director of NORCAL Mutual Insurance Company 2009-2021, Director of Medicus Insurance Company 2009-present, Director of Hershey Trust Company 2015-present, Manager of Milton Hershey School Board of Managers 2015-present, Director and Chair of Hershey Foundation 2016-present, and Director of The Hershey Company 2017-present. |
| **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Ms. Koken has significant board experience and significant executive, legal and regulatory experience, including past service as a cabinet-level state insurance commissioner and general counsel of a national life insurance company. | **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Ms. Koken has significant board experience and significant executive, legal and regulatory experience, including past service as a cabinet-level state insurance commissioner and general counsel of a national life insurance company. | **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Ms. Koken has significant board experience and significant executive, legal and regulatory experience, including past service as a cabinet-level state insurance commissioner and general counsel of a national life insurance company. |

---

<sup>1</sup> Length of time served includes time served with the Trust's predecessors. The tenure of each Trustee is subject to the Board's retirement policy, which states that a Trustee shall retire from the Boards of Trustees of the Trusts effective on December 31 of the calendar year during which he or she turns 75 years of age; provided this policy does not apply to a person who became a Trustee prior to September 11, 2019.

<sup>2</sup> Directorships held in: (1) any other investment companies registered under the 1940 Act, (2) any company with a class of securities registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or (3) any company subject to the requirements of Section 15(d) of the Exchange Act, which are required to be disclosed in this SAI. In addition, certain other directorships not meeting the aforementioned requirements may be included for certain Trustees such as board positions on non-profit organizations.

<sup>3</sup> Ms. Koken is considered an interested person of the Trust because she is a Director of the parent company of, and several affiliates of, the Trust's investment adviser and distributor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. The information under the heading "Committees of the Board" beginning on page 64 of the SAI is modified as follows:

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The last sentence in the second paragraph is deleted and replaced with the following:

"The Audit and Operations Committee met five times during the past fiscal year, and as of January 1, 2023 consists of the following Trustees: Ms. Bradshaw, Mr. Karlawish, Ms. Kosel (Chair) and Mr. Wezdenko, each of whom is not an interested person of the Trust, as defined in the 1940 Act.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The last sentence in the last paragraph is deleted and replaced with the following:

"The Investment Committee met four times during the past fiscal year, and as of January 1, 2023 consists of the following Trustees: Mr. Davis, Ms. Jacobs, Mr. Kridler (Chair) and Ms. Petersen, each of whom is not an interested person of the Trust, as defined in the 1940 Act, and Ms. Koken, who is an interested person of the Trust, as defined in the 1940 Act.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. The heading "Ownership of Shares of Nationwide Mutual Funds as of December 31, 2021" and the table thereunder on page 65 of the SAI is deleted in its entirety and replaced with the following:

#### Ownership of Shares of Nationwide Mutual Funds as of December 31, 2022

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| | | |
|:---|:---|:---|
| **Name of Trustee** | **Dollar Range of Equity Securities and/or Shares in the Funds** | **Aggregate Dollar Range of Equity Securities and/or Shares in All Registered Investment Companies Overseen by Trustee in Family of Investment Companies** |
| **Independent Trustees** | **Independent Trustees** | **Independent Trustees** |
| Kristina Bradshaw<sup>1</sup> |  |  |
| Lorn C. Davis | Over $100,000 | Over $100,000 |
| Barbara I. Jacobs | Over $100,000 | Over $100,000 |
| Keith F. Karlawish | Over $100,000 | Over $100,000 |
| Carol A. Kosel | Over $100,000 | Over $100,000 |
| Douglas F. Kridler | Over $100,000 | Over $100,000 |
| Charlotte Petersen<sup>1</sup> |  |  |
| David E. Wezdenko | Over $100,000 | Over $100,000 |
| **Interested Trustee** | **Interested Trustee** | **Interested Trustee** |
| M. Diane Koken | Over $100,000 | Over $100,000 |

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<sup>1</sup> Mses. Bradshaw's and Petersen's terms as Independent Trustees commenced effective January 1, 2023.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. The heading "Ownership in the Funds' Investment Adviser<sup>1</sup>, Subadvisers<sup>2</sup> or Distributor<sup>3</sup> as of December 31, 2021" and the information thereunder beginning on page 65 of the SAI is deleted in its entirety and replaced with the following:

#### Ownership in the Funds' Investment Adviser<sup>1</sup>, Subadvisers<sup>2</sup> or Distributor<sup>3</sup> as of December 31, 2022

#### Trustees who are not Interested Persons (as defined in the 1940 Act) of the Trust

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Name of Trustee** | **Name of Owners and<br> Relationships to Trustee** | **Name of Company** | **Title of Class<br> of Security** | **Value of Securities** | **Percent of Class** |
| Kristina Bradshaw<sup>4</sup> | N/A | N/A | N/A |  | N/A |
| Lorn C. Davis | N/A | N/A | N/A |  | N/A |
| Barbara I. Jacobs | N/A | N/A | N/A |  | N/A |

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| | |
|:---|:---|
| Keith F. Karlawish | N/A |
| Carol A. Kosel | N/A |
| Douglas F. Kridler | N/A |
| Charlotte Petersen<sup>4</sup> | N/A |
| David E. Wezdenko | N/A |

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<sup>1</sup> Nationwide Fund Advisors.<br>

<sup>2</sup> As of December 31, 2022, subadvisers to the Trust included: American Century Investment Management Inc.; Amundi Asset Management US, Inc.; Bailard, Inc.; BlackRock Investment Management, LLC; Brown Capital Management, LLC; Diamond Hill Capital Management, Inc.; Dreyfus, a division of BNY Mellon Investment Adviser, Inc.; Geneva Capital Management LLC; Goldman Sachs Asset Management, L.P.; GQG Partners LLC; Insight North America LLC; Jacobs Levy Equity Management, Inc.; Janus Henderson Investors US LLC; Loomis, Sayles & Company, L.P.; Mellon Investments Corporation; Nationwide Asset Management, LLC; Newton Investment Management North America, LLC; UBS Asset Management (Americas) Inc.; WCM Investment Management; Wellington Management Company LLP; and Western Asset Management Company, LLC.<br>

<sup>3</sup> Nationwide Fund Distributors LLC or any company, other than an investment company, that controls a Fund's adviser or distributor.<br><sup>4</sup> Mses. Bradshaw's and Petersen's terms as Independent Trustees commenced effective January 1, 2023.<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. The information under the heading "Compensation of Trustees" on page 66 of the SAI is deleted in its entirety and replaced with the following:

The Independent Trustees receive fees and reimbursement for expenses of attending board meetings from the Trust. The Compensation Table below sets forth the total compensation paid to the Independent Trustees, before reimbursement of any expenses incurred by them, for the fiscal year ended October 31, 2022. In addition, the Compensation Table sets forth the total compensation paid to the Independent Trustees from all the funds in the Fund Complex for the twelve months ended October 31, 2022. Trust officers receive no compensation from the Trust in their capacity as officers. The Adviser or an affiliate of the Adviser pays the fees, if any, and expenses of any Trustees who are interested persons of the Trust. Accordingly, Ms. Koken was not compensated by the funds in the Fund Complex and, therefore, is not included in the Compensation Table below.

The Trust does not maintain any pension or retirement plans for the Officers or Trustees of the Trust.

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| | | | | |
|:---|:---|:---|:---|:---|
| **Name of Trustee** | **Aggregate<br> Compensation<br> from the Trust<sup>3</sup>** | **Pension<br> Retirement<br> Benefits Accrued<br> as Part of Trust<br> Expenses** | **Estimated Annual<br> Benefits Upon<br> Retirement** | **Total Compensation<br> from the Fund<br> Complex<sup>1</sup>** |
| Paula H.J. Cholmondeley<sup>2</sup> | $98472 | N/A | N/A | $372500 |
| Lorn C. Davis | 94501 | N/A | N/A | 357500 |
| Phyllis Kay Dryden<sup>2</sup> | 94501 | N/A | N/A | 357500 |
| Barbara I. Jacobs | 98472 | N/A | N/A | 372500 |
| Keith F. Karlawish | 127293 | N/A | N/A | 467500 |
| Carol A. Kosel | 113765 | N/A | N/A | 402500 |
| Douglas F. Kridler | 108879 | N/A | N/A | 397500 |
| David E. Wezdenko | 99501 | N/A | N/A | 362500 |

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<sup>1</sup> As of October 31, 2022, the Fund Complex included two trusts comprised of 134 investment company funds or series.<br><sup>2</sup> Mses. Cholmondeley and Dryden retired as Independent Trustees effective December 31, 2022.<br><sup>3</sup> In addition, the Trust compensated Mses. Bradshaw and Petersen, nominees as Independent Trustees, for their attendance at two meetings of the Board during the fiscal year ended October 31, 2022. Mses. Bradshaw and Petersen were nominated to the Board on June 15, 2022 and joined the Board effective January 1, 2023.<br>

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Each of the Trustees and officers and their families are eligible to purchase Class A shares at net asset value without any sales charge. Each Trustee is also eligible to purchase Class R6 shares at net asset value. Class R6 shares are sold without a sales charge and are not subject to Rule 12b-1 fees or administrative services fees.

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