M&A - NATIONWIDE MUTUAL FUNDS

Form Type: 497

Filing Date: 2025-04-01

Corporate Action: Acquisition

Type: Update

Accession Number: 000168035925000211

Filing Summary: On April 1, 2025, Nationwide Mutual Funds released a supplement for the Nationwide Amundi Strategic Income Fund following an amendment to its subadvisory agreement with Victory Capital Management Inc. The amendment was a result of Victory Capital's acquisition of Amundi Asset Management US, Inc., which led to a change in control and the termination of Amundi's previous subadvisory agreement. The supplement updates various sections of the Prospectus, replacing Amundi's name with Victory Capital and providing revised details on the management team responsible for the Fund's day-to-day operations, including lead portfolio manager Jonathan M. Duensing and team members Ken Monaghan and Jeffrey Galloway. No changes were made to the Fund's portfolio management team due to the acquisition.

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Form Type: 497

Filing Date: 2025-04-01

Corporate Action: Merger

Type: Update

Accession Number: 000168035925000213

Filing Summary: On April 1, 2025, a supplement to the Statement of Additional Information for Nationwide Mutual Funds was filed detailing an amendment to the subadvisory agreement for the Nationwide Amundi Strategic Income Fund following the acquisition of Amundi Asset Management US, Inc. by Victory Capital Management Inc. The agreement was approved by the Trust's Board of Trustees on December 11, 2024. This acquisition caused a change in control of Amundi, resulting in the effective termination of its subadvisory agreement with the Trust, but did not lead to changes in the Fund’s portfolio management team. The supplement eliminated previous references to Amundi and included updated information about Victory Capital Management Inc., including its contact information and credentials as a SEC-registered investment adviser.

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Form Type: 497K

Filing Date: 2025-04-01

Corporate Action: Acquisition

Type: New

Accession Number: 000168035925000215

Filing Summary: On December 11, 2024, the Board of Trustees of Nationwide Mutual Funds approved an amendment to the subadvisory agreement with Victory Capital Management Inc. for the Nationwide Amundi Strategic Income Fund. This decision was prompted by the acquisition of Amundi Asset Management US, Inc. by Victory Capital, which resulted in a change of control and the termination of Amundi’s subadvisory agreement with the Trust. It's noted that there were no changes to the Fund’s portfolio management team due to this transaction. The Summary Prospectus has been amended to reflect Victory Capital as the new subadviser.

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