# EDGAR Filing Document

**Accession Number:** 0001048702
**File Stem:** 0001680359-25-000533
**Filing Date:** 2025-7
**Character Count:** 27193
**Document Hash:** f6a5c94fc468d679e01b0b2a2c53351b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001680359-25-000533.hdr.sgml**: 20250701

**ACCESSION NUMBER**: 0001680359-25-000533

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20250701

**DATE AS OF CHANGE**: 20250701

**EFFECTIVENESS DATE**: 20250701

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NATIONWIDE MUTUAL FUNDS
- **CENTRAL INDEX KEY:** 0001048702

**ORGANIZATION NAME:**
- **EIN:** 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:** 251094976

**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 Investor Destinations Aggressive Fund (Series ID: S000005001)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NDAAX         | C000013576 |
| Class R                     | GAFRX         | C000013579 |
| Class R6                    | GAIDX         | C000013580 |
| Service Class               | NDASX         | C000013581 |
| Institutional Service Class | NWWHX         | C000137830 |

---

### Nationwide Investor Destinations Moderately Aggressive Fund (Series ID: S000005002)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NDMAX         | C000013582 |
| Class R                     | GMARX         | C000013585 |
| Class R6                    | GMIAX         | C000013586 |
| Service Class               | NDMSX         | C000013587 |
| Institutional Service Class | NWWIX         | C000137831 |

---

### Nationwide Investor Destinations Moderate Fund (Series ID: S000005003)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NADMX         | C000013588 |
| Class R                     | GMDRX         | C000013591 |
| Class R6                    | GMDIX         | C000013592 |
| Service Class               | NSDMX         | C000013593 |
| Institutional Service Class | NWWJX         | C000137832 |

---

### Nationwide Investor Destinations Moderately Conservative Fund (Series ID: S000005004)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NADCX         | C000013594 |
| Class R                     | GMMRX         | C000013597 |
| Class R6                    | GMIMX         | C000013598 |
| Service Class               | NSDCX         | C000013599 |
| Institutional Service Class | NWWKX         | C000137833 |

---

### Nationwide Investor Destinations Conservative Fund (Series ID: S000005005)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NDCAX         | C000013600 |
| Class R                     | GCFRX         | C000013603 |
| Class R6                    | GIMCX         | C000013604 |
| Service Class               | NDCSX         | C000013605 |
| Institutional Service Class | NWWLX         | C000137834 |

---

### Nationwide Destination Retirement Fund (Series ID: S000018632)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class R                     | NWEBX         | C000051715 |
| Institutional Service Class | NWESX         | C000051716 |
| Class R6                    | NWEIX         | C000051717 |
| Class A                     | NWEAX         | C000051718 |

---

### Nationwide Destination 2030 Fund (Series ID: S000018635)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWIAX         | C000051733 |
| Class R                     | NWBIX         | C000051736 |
| Institutional Service Class | NWISX         | C000051737 |
| Class R6                    | NWIIX         | C000051738 |

---

### Nationwide Destination 2035 Fund (Series ID: S000018636)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWLAX         | C000051739 |
| Class R                     | NWLBX         | C000051742 |
| Institutional Service Class | NWLSX         | C000051743 |
| Class R6                    | NWLIX         | C000051744 |

---

### Nationwide Destination 2040 Fund (Series ID: S000018637)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWMAX         | C000051745 |
| Class R                     | NWMDX         | C000051748 |
| Institutional Service Class | NWMSX         | C000051749 |
| Class R6                    | NWMHX         | C000051750 |

---

### Nationwide Destination 2045 Fund (Series ID: S000018638)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWNAX         | C000051751 |
| Class R                     | NWNBX         | C000051754 |
| Institutional Service Class | NWNSX         | C000051755 |
| Class R6                    | NWNIX         | C000051756 |

---

### Nationwide Destination 2050 Fund (Series ID: S000018639)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWOAX         | C000051757 |
| Class R                     | NWOBX         | C000051760 |
| Institutional Service Class | NWOSX         | C000051761 |
| Class R6                    | NWOIX         | C000051762 |

---

### Nationwide Destination 2055 Fund (Series ID: S000030461)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NTDAX         | C000093595 |
| Class R                     | NTDTX         | C000093598 |
| Class R6                    | NTDIX         | C000093599 |
| Institutional Service Class | NTDSX         | C000093600 |

---

### Nationwide Destination 2060 Fund (Series ID: S000046757)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Class A                     | NWWRX         | C000146061 |
| Class R                     | NWWTX         | C000146063 |
| Class R6                    | NWWUX         | C000146064 |
| Institutional Service Class | NWWVX         | C000146065 |

---

### Nationwide Destination 2065 Fund (Series ID: S000067490)

---

|  |  |  |
|:---|:---|:---|
| Class Name                  | Ticker Symbol | Class ID   |
| Institutional Service Class | NWATX         | C000217023 |
| Class A                     | NWAQX         | C000217024 |
| Class R                     | NWARX         | C000217025 |
| Class R6                    | NWASX         | C000217026 |

---

## Series and Classes Contracts Data

### Nationwide Investor Destinations Aggressive Fund (Series ID: S000005001)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000013576 | Class A                     | NDAAX           |
| C000013579 | Class R                     | GAFRX           |
| C000013580 | Class R6                    | GAIDX           |
| C000013581 | Service Class               | NDASX           |
| C000137830 | Institutional Service Class | NWWHX           |

### Nationwide Investor Destinations Moderately Aggressive Fund (Series ID: S000005002)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000013582 | Class A                     | NDMAX           |
| C000013585 | Class R                     | GMARX           |
| C000013586 | Class R6                    | GMIAX           |
| C000013587 | Service Class               | NDMSX           |
| C000137831 | Institutional Service Class | NWWIX           |

### Nationwide Investor Destinations Moderate Fund (Series ID: S000005003)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000013588 | Class A                     | NADMX           |
| C000013591 | Class R                     | GMDRX           |
| C000013592 | Class R6                    | GMDIX           |
| C000013593 | Service Class               | NSDMX           |
| C000137832 | Institutional Service Class | NWWJX           |

### Nationwide Investor Destinations Moderately Conservative Fund (Series ID: S000005004)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000013594 | Class A                     | NADCX           |
| C000013597 | Class R                     | GMMRX           |
| C000013598 | Class R6                    | GMIMX           |
| C000013599 | Service Class               | NSDCX           |
| C000137833 | Institutional Service Class | NWWKX           |

### Nationwide Investor Destinations Conservative Fund (Series ID: S000005005)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000013600 | Class A                     | NDCAX           |
| C000013603 | Class R                     | GCFRX           |
| C000013604 | Class R6                    | GIMCX           |
| C000013605 | Service Class               | NDCSX           |
| C000137834 | Institutional Service Class | NWWLX           |

### Nationwide Destination Retirement Fund (Series ID: S000018632)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000051715 | Class R                     | NWEBX           |
| C000051716 | Institutional Service Class | NWESX           |
| C000051717 | Class R6                    | NWEIX           |
| C000051718 | Class A                     | NWEAX           |

### Nationwide Destination 2030 Fund (Series ID: S000018635)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000051733 | Class A                     | NWIAX           |
| C000051736 | Class R                     | NWBIX           |
| C000051737 | Institutional Service Class | NWISX           |
| C000051738 | Class R6                    | NWIIX           |

### Nationwide Destination 2035 Fund (Series ID: S000018636)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000051739 | Class A                     | NWLAX           |
| C000051742 | Class R                     | NWLBX           |
| C000051743 | Institutional Service Class | NWLSX           |
| C000051744 | Class R6                    | NWLIX           |

### Nationwide Destination 2040 Fund (Series ID: S000018637)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000051745 | Class A                     | NWMAX           |
| C000051748 | Class R                     | NWMDX           |
| C000051749 | Institutional Service Class | NWMSX           |
| C000051750 | Class R6                    | NWMHX           |

### Nationwide Destination 2045 Fund (Series ID: S000018638)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000051751 | Class A                     | NWNAX           |
| C000051754 | Class R                     | NWNBX           |
| C000051755 | Institutional Service Class | NWNSX           |
| C000051756 | Class R6                    | NWNIX           |

### Nationwide Destination 2050 Fund (Series ID: S000018639)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000051757 | Class A                     | NWOAX           |
| C000051760 | Class R                     | NWOBX           |
| C000051761 | Institutional Service Class | NWOSX           |
| C000051762 | Class R6                    | NWOIX           |

### Nationwide Destination 2055 Fund (Series ID: S000030461)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000093595 | Class A                     | NTDAX           |
| C000093598 | Class R                     | NTDTX           |
| C000093599 | Class R6                    | NTDIX           |
| C000093600 | Institutional Service Class | NTDSX           |

### Nationwide Destination 2060 Fund (Series ID: S000046757)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000146061 | Class A                     | NWWRX           |
| C000146063 | Class R                     | NWWTX           |
| C000146064 | Class R6                    | NWWUX           |
| C000146065 | Institutional Service Class | NWWVX           |

### Nationwide Destination 2065 Fund (Series ID: S000067490)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000217023 | Institutional Service Class | NWATX           |
| C000217024 | Class A                     | NWAQX           |
| C000217025 | Class R                     | NWARX           |
| C000217026 | Class R6                    | NWASX           |

---

| | |
|:---|:---|
| **NATIONWIDE MUTUAL FUNDS** | **NATIONWIDE MUTUAL FUNDS** |
| Nationwide Destination 2030 Fund | Nationwide Destination Retirement Fund |
| Nationwide Destination 2035 Fund | Nationwide Investor Destinations Aggressive Fund |
| Nationwide Destination 2040 Fund | Nationwide Investor Destinations Conservative Fund |
| Nationwide Destination 2045 Fund | Nationwide Investor Destinations Moderate Fund |
| Nationwide Destination 2050 Fund | Nationwide Investor Destinations Moderately |
| Nationwide Destination 2055 Fund | Aggressive Fund |
| Nationwide Destination 2060 Fund | Nationwide Investor Destinations Moderately |
| Nationwide Destination 2065 Fund | Conservative Fund |

---

#### Supplement dated July 1, 2025

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. On June 10, 2025, the Board of Trustees of Nationwide Mutual Funds (the "Trust") approved the nomination of Tracy Bollin (the "New Trustee") to serve as a Trustee of the Trust. His term
 commenced on July 1, 2025. The New Trustee is not considered to be an "interested person" of the Trust as defined in the Investment Company Act of 1940, as amended.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Effective immediately, the SAI is amended as follows:

<br> a. The paragraph under the heading "Management Information" on page 52 of the SAI is deleted in its entirety and replaced with the following:

Each Trustee who is deemed an "interested person," as such term is defined in the 1940 Act, is referred to as an "Interested Trustee." Currently, there are no Trustees who are interested persons of the Trust. Those Trustees who are not "interested persons," as such term is defined in the 1940 Act, are referred to as "Independent Trustees." The name, year of birth, position and length of time served with the Trust, number of portfolios overseen, principal occupation(s) and other directorships/trusteeships held during the past five years, and additional information related to experience, qualifications, attributes, and skills of each Trustee and Officer are shown below. There are 45 series of the Trust, all of which are overseen by the Board of Trustees and Officers of the Trust. The address for each Trustee and Officer is c/o Nationwide Investment Management Group, One Nationwide Plaza, Mail Code 1-18-102, Columbus, OH 43215.

<br> b. The following supplements the table under the heading "Independent Trustees" beginning on page 52 of the SAI:

---

| | | |
|:---|:---|:---|
| **Tracy Bollin** | **Tracy Bollin** | **Tracy Bollin** |
| **Year of Birth** | **Positions Held with Trust and Length of Time Served<sup>1</sup>** | **Number of Portfolios Overseen in the Nationwide Fund Complex** |
| 1970 | Trustee since July 2025 | 115 |
| **Principal Occupation(s) During the Past Five Years (or Longer)**<br> From 2015 until 2021, Mr. Bollin served as Vice President and CFO of Principal Funds, Managing Director of Fund Operations for Principal Global Investors, and President of Principal Shareholder Services. | **Principal Occupation(s) During the Past Five Years (or Longer)**<br> From 2015 until 2021, Mr. Bollin served as Vice President and CFO of Principal Funds, Managing Director of Fund Operations for Principal Global Investors, and President of Principal Shareholder Services. | **Principal Occupation(s) During the Past Five Years (or Longer)**<br> From 2015 until 2021, Mr. Bollin served as Vice President and CFO of Principal Funds, Managing Director of Fund Operations for Principal Global Investors, and President of Principal Shareholder Services. |
| **Other Directorships held During the Past Five Years<sup>2</sup>**<br> Board member of On With Life since September 2024. | **Other Directorships held During the Past Five Years<sup>2</sup>**<br> Board member of On With Life since September 2024. | **Other Directorships held During the Past Five Years<sup>2</sup>**<br> Board member of On With Life since September 2024. |
| **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Mr. Bollin has held multiple roles in the financial services industry, including positions in capital markets, finance, operations, and as a board member. | **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Mr. Bollin has held multiple roles in the financial services industry, including positions in capital markets, finance, operations, and as a board member. | **Experience, Qualifications, Attributes, and Skills for Board Membership**<br> Mr. Bollin has held multiple roles in the financial services industry, including positions in capital markets, finance, operations, and as a board member. |

---

------

<br> c. The table and footnote 3 under the heading "Interested Trustee" beginning on page 54 of the SAI are hereby deleted in their entirety.

<br> d. The information under the heading "Committees of the Board" beginning on page 57 of the SAI is modified as follows:

<br> 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 currently consists of the following Trustees: Ms. Kosel, Ms. Petersen, Mr. Kridler, Mr. Wezdenko (Chair) and Mr. Bollin, each of whom is not an interested person of the Trust, as defined in the 1940 Act.

<br> 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 currently consists of the following Trustees: Ms. Bradshaw, Mr. Davis (Chair), Ms. Jacobs and Mr. Karlawish, each of whom is not an interested person of the Trust, as defined in the 1940 Act.

<br> e. The table under the heading "Ownership of Shares of Nationwide Mutual Funds as of December 31, 2024" on page 59 of the SAI is deleted in its entirety and replaced with the following:

---

| | | |
|:---|:---|:---|
| **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** |
| Tracy Bollin<sup>1</sup> |  |  |
| Kristina Bradshaw | Over $100,000 | Over $100,000 |
| 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 | Over $100,000 | Over $100,000 |
| David E. Wezdenko | Over $100,000 | Over $100,000 |

---

<sup>1</sup> Mr. Bollin's term as an Independent Trustee commenced effective July 1, 2025.

f. The table and accompanying footnotes under the heading "Ownership in the Funds' Investment Adviser<sup>1</sup>, Subadvisers<sup>2</sup> or Distributor<sup>3</sup> as of December 31, 2024" on page 59 of the SAI are deleted in their entirety and replaced with the following:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **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** |
| Tracy Bollin<sup>4</sup> | N/A | N/A | N/A |  | N/A |
| Kristina Bradshaw | 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 |
| Keith F. Karlawish | N/A | N/A | N/A |  | N/A |
| Carol A. Kosel | N/A | N/A | N/A |  | N/A |

---

------

<u> Douglas F. Kridler </u> <u> N/A </u> <u> N/A </u> <u> N/A </u> <u> None </u> <u> N/A </u> <br> <u> Charlotte Petersen </u> <u> N/A </u> <u> N/A </u> <u> N/A </u> <u> None </u> <u> N/A </u> <br> <u> David E. Wezdenko </u> <u> N/A </u> <u> N/A </u> <u> N/A </u> <u> None </u> <u> N/A </u>

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

<sup>2</sup> As of December 31, 2024, subadvisers to the Trust included: Amundi Asset Management US, Inc.; Bailard, Inc.; BlackRock Investment Management, LLC; Brown Capital Management, LLC; Dreyfus, a division of Mellon Investments Corporation; 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.; Los Angeles Capital Management LLC; Mellon Investments Corporation; Nationwide Asset Management, LLC; Neuberger Berman Investment Advisers LLC; Newton Investment Management North America, LLC; UBS Asset Management (Americas) LLC.; WCM Investment Management, LLC; and Wellington Management Company LLP.<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> Mr. Bollin's term as an Independent Trustee commenced effective July 1, 2025.<br>

<br> g. The information under the heading "Compensation of Trustees" beginning on page 59 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, 2024. 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, 2024. 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. Currently, there are no Trustees who are interested persons of the Trust.

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **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>** |
| Tracy Bollin<sup>2</sup> | $0 | N/A | N/A | $0 |
| Kristina Bradshaw | 99238 | N/A | N/A | 377000 |
| Lorn C. Davis | 100237 | N/A | N/A | 380750 |
| Barbara I. Jacobs | 103185 | N/A | N/A | 392000 |
| Keith F. Karlawish | 127849 | N/A | N/A | 485750 |
| Carol A. Kosel | 103571 | N/A | N/A | 393000 |
| Douglas F. Kridler | 108443 | N/A | N/A | 412000 |
| Charlotte Petersen | 99173 | N/A | N/A | 377000 |
| David E. Wezdenko | 102185 | N/A | N/A | 388250 |
| Kristina Bradshaw | 99238 | N/A | N/A | 377000 |

---

<sup>1</sup> As of October 31, 2024, the Fund Complex included two trusts comprised of 115 investment company funds or series.<br><sup>2</sup> Mr. Bollin's term as an Independent Trustee commenced effective July 1, 2025.<br>

------

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.

<br> h. The first paragraph under the heading "Distributor" beginning on page 65 of the SAI is deleted in its entirety and replaced with the following:

Nationwide Fund Distributors LLC ("NFD" or the "Distributor"), One Nationwide Plaza, Mail Code 1-18-102, Columbus, OH 43215, serves as underwriter for each Fund in the continuous distribution of its shares pursuant to an Underwriting Agreement dated May 1, 2007 (the "Underwriting Agreement"). Unless otherwise terminated, the Underwriting Agreement will continue for an initial period of two years and from year to year thereafter for successive annual periods, if, as to each Fund, such continuance is approved at least annually by (i) the Board of Trustees or by the vote of a majority of the outstanding shares of that Fund, and (ii) the vote of a majority of the Trustees of the Trust who are not parties to the Underwriting Agreement or interested persons (as defined in the 1940 Act) of any party to the Underwriting Agreement, cast in person at a meeting called for the purpose of voting on such approval. The Underwriting Agreement may be terminated in the event of any assignment, as defined in the 1940 Act. NFD is a wholly owned subsidiary of NFS Distributors, Inc., which in turn is a wholly owned subsidiary of NFS. The following entities or people are affiliates of the Trust and are also affiliates of NFD:

Nationwide Fund Advisors

Nationwide Fund Management LLC

Nationwide Life Insurance Company

Nationwide Life and Annuity Insurance Company

Jefferson National Life Insurance Company

Jefferson National Life Insurance Company of New York

Nationwide Financial Services, Inc.

Nationwide Corporation

Nationwide Mutual Insurance Company

Christopher Graham

Kevin Grether

Kevin T. Jestice

Lee T. Cummings

Stephen R. Rimes

David Majewski

Benjamin Hoecherl

#### PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE