Nationwide Mutual Funds

N-Q 1 d595720dnq.htm NATIONWIDE MUTUAL FUNDS Nationwide Mutual Funds

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number: 811-08495

Nationwide Mutual Funds

(Exact name of registrant as specified in charter)

1000 Continental Drive, Suite 400, King of Prussia, Pennsylvania 19406

(Address of principal executive offices) (Zip code)

Eric E. Miller, Esq.

1000 Continental Drive, Suite 400

King of Prussia, Pennsylvania 19406

(Name and Address of Agent for Service)

Registrant’s telephone number, including area code: (610) 230-2800

Date of fiscal year end: October 31, 2013

Date of reporting period: July 31, 2013

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to Rule 30b1-5 under the Investment Company Act of 1940 (17 CFR § 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

Item 1. Schedule of Investments.

File the schedules as of the close of the reporting period as set forth in §§ 210.12-12 - 12-14 of Regulation S-X [17 CFR §§ 210.12-12 — 12-14]. The schedules need not be audited.

Statement of Investments

July 31, 2013 (Unaudited)

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Alternatives Allocation Fund



Common Stocks 11.7%

	Shares		Market Value
Real Estate Investment Trusts (REITs) 9.6%
Abacus Property Group		7,565	$	15,033
Acadia Realty Trust		1,624		41,867
Activia Properties, Inc.		5		35,731
Alexandria Real Estate Equities, Inc.		2,288		156,728
American Campus Communities, Inc.		3,284		126,138
Apartment Investment & Management Co., Class A		4,641		136,353
Artis Real Estate Investment Trust		1,900		26,953
Ascendas Real Estate Investment Trust		63,000		113,871
Ashford Hospitality Trust, Inc.		1,849		21,578
Associated Estates Realty Corp.		1,386		21,178
AvalonBay Communities, Inc.		3,943		533,646
Befimmo SCA Sicafi		410		28,060
Beni Stabili SpA		23,765		15,386
Big Yellow Group PLC		3,258		21,623
BioMed Realty Trust, Inc.		5,845		120,758
Boardwalk Real Estate Investment Trust		900		50,490
Boston Properties, Inc.		4,876		521,488
Brandywine Realty Trust		4,583		63,887
BRE Properties, Inc.		2,426		128,724
British Land Co. PLC		33,275		302,521
BWP Trust		10,844		24,007
Calloway Real Estate Investment Trust		1,800		44,286
Cambridge Industrial Trust		32,641		17,203
Camden Property Trust		2,694		190,035
Canadian Apartment Properties REIT		1,500		31,165
Canadian Real Estate Investment Trust		1,100		44,092
CapitaCommercial Trust		61,000		67,330
Capital Property Fund		53,199		56,416
CapitaMall Trust		80,000		127,498
CBL & Associates Properties, Inc.		5,114		116,446
CFS Retail Property Trust Group		76,463		140,846
Champion REIT		91,000		39,950
Charter Hall Retail REIT		9,274		32,170
Chartwell Retirement Residences		1,900		18,073
Cofinimmo		600		68,767
Colonial Properties Trust		2,682		64,931
Commonwealth Property Office Fund		66,148		68,688
CommonWealth REIT		3,706		85,497
Corio NV		2,977		129,807
Corporate Office Properties Trust		2,514		64,057
Cousins Properties, Inc.		2,871		29,428
CubeSmart		3,797		61,511
Daiwa Office Investment Corp.		7		25,614
DCT Industrial Trust, Inc.		7,562		56,791
DDR Corp.		7,233		123,540
Derwent London PLC		2,795		102,499
Dexus Property Group		146,817		138,392
DiamondRock Hospitality Co.		5,261		51,032
Digital Realty Trust, Inc.		4,066		224,809
Douglas Emmett, Inc.		4,179		104,517
Duke Realty Corp.		9,998		164,667
DuPont Fabros Technology, Inc.		1,846		42,292
EastGroup Properties, Inc.		859		53,138
Education Realty Trust, Inc.		2,762		26,046
Equity Lifestyle Properties, Inc.		2,416		92,992
Equity One, Inc.		1,894		43,827
Equity Residential		10,087		564,872
Essex Property Trust, Inc.		1,207		194,677
Eurocommercial Properties NV		1,047		39,841
Extra Space Storage, Inc.		3,379		142,087
Federal Realty Investment Trust		2,071		218,138
FelCor Lodging Trust, Inc.*		3,611		21,810
First Industrial Realty Trust, Inc.		2,993		48,965
First Potomac Realty Trust		1,448		19,649
Fonciere des Regions REG		1,165		95,566
Fountainhead Property Trust		32,369		25,399
Franklin Street Properties Corp.		2,224		29,601
Frasers Commercial Trust		12,000		12,310
Frontier Real Estate Investment Corp.		8		67,971
Fukuoka REIT Co.		3		22,794
Gecina SA		877		107,398
General Growth Properties, Inc.		14,055		291,501
Glimcher Realty Trust		4,241		47,669
Global One Real Estate Investment Corp.		3		16,691
Goodman Group		47,730		202,346
Goodman Property Trust		26,403		21,592
GPT Group		52,675		173,195
Great Portland Estates PLC		8,889		74,965
H&R Real Estate Investment Trust		4,080		85,842
Hammerson PLC		22,453		181,039
Hankyu REIT Inc.		2		9,871
HCP, Inc.		14,369		630,368
Health Care REIT, Inc.		9,253		596,726
Healthcare Realty Trust, Inc.		2,991		76,899
Hersha Hospitality Trust		4,158		24,407
Highwoods Properties, Inc.		2,833		102,781
Home Properties, Inc.		1,721		109,817
Hospitality Properties Trust		4,360		124,216
Host Hotels & Resorts, Inc.		23,371		417,406
Inland Real Estate Corp.		1,736		17,863
Intu Properties PLC		19,287		98,729
Investa Office Fund		18,800		49,837
Is Gayrimenkul Yatirim Ortakligi AS		10,765		7,736
Japan Excellent, Inc.		5		26,555
Japan Prime Realty Investment Corp.		26		71,095
Japan Real Estate Investment Corp.		20		210,902
Japan Retail Fund Investment Corp.		65		127,994
Kenedix Realty Investment Corp.		8		31,810
Kilroy Realty Corp.		2,305		120,644
Kimco Realty Corp.		12,917		291,278
Kite Realty Group Trust		1,398		8,066
Kiwi Income Property Trust		29,065		26,330
Klepierre		2,987		129,593
Land Securities Group PLC		25,406		367,260
LaSalle Hotel Properties		2,771		74,651
Liberty Property Trust		3,780		144,434
Link REIT (The)		71,500		349,127
LTC Properties, Inc.		916		35,422
Macerich Co. (The)		4,352		270,042

The Statement of Investments should be read in conjunction with the financial statements and notes to financial statements which are included in the Fund’s audited annual report and unaudited semi-annual report.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Alternatives Allocation Fund



Common Stocks (continued)

	Shares		Market Value
Real Estate Investment Trusts (REITs) (continued)
Mack-Cali Realty Corp.		2,544	$	61,209
Mapletree Logistics Trust		36,000		30,179
Mercialys SA		551		10,761
Mid-America Apartment Communities, Inc.		1,359		91,800
Mori Hills REIT Investment Corp.		5		27,907
MORI TRUST Sogo Reit, Inc.		6		51,436
Nippon Building Fund, Inc.		22		239,126
Nomura Real Estate Office Fund, Inc.		9		39,314
Orix JREIT, Inc.		51		56,883
Parkway Properties, Inc.		1,254		21,945
Pebblebrook Hotel Trust		1,479		39,415
Pennsylvania Real Estate Investment Trust		1,828		37,840
Piedmont Office Realty Trust, Inc., Class A		5,343		96,655
Post Properties, Inc.		1,709		79,503
Premier Investment Corp.		6		23,179
Prologis, Inc.		15,680		601,485
PS Business Parks, Inc.		469		34,364
Public Storage		4,526		720,630
Ramco-Gershenson Properties Trust		1,364		21,128
Regency Centers Corp.		2,877		151,704
RioCan Real Estate Investment Trust		5,000		118,489
SA Corporate Real Estate Fund		31,111		12,204
Saul Centers, Inc.		328		14,885
Segro PLC		21,287		100,545
Senior Housing Properties Trust		5,987		150,573
Shaftesbury PLC		7,290		70,095
Simon Property Group, Inc.		9,728		1,557,064
SL Green Realty Corp.		2,876		260,709
Societe Immobiliere de Location pour l’Industrie et le Commerce		246		24,391
Sovran Self Storage, Inc.		807		55,764
Starhill Global REIT		29,000		18,713
Sun Communities, Inc.		938		45,418
Sunstone Hotel Investors, Inc.*		4,931		63,807
Suntec Real Estate Investment Trust		67,000		83,762
Sycom Property Fund		2,648		6,681
Tanger Factory Outlet Centers		3,197		103,679
Taubman Centers, Inc.		2,046		149,808
Tokyu REIT, Inc.		5		25,982
Top REIT, Inc.		4		16,955
UDR, Inc.		7,978		199,769
Unibail-Rodamco SE		3,081		748,580
United Urban Investment Corp.		72		89,419
Universal Health Realty Income Trust		347		15,084
Vastned Retail NV		535		22,796
Ventas, Inc.		9,251		608,161
Vornado Realty Trust		5,383		456,532
Washington Real Estate Investment Trust		1,832		49,244
Weingarten Realty Investors		3,741		117,168
Wereldhave NV		740		52,319
Westfield Group		64,863		654,191
Westfield Retail Trust		98,558		266,381
Workspace Group PLC		3,281		22,532

				21,130,312


Real Estate Management & Development 2.1%
Aeon Mall Co., Ltd.		3,630		90,272
Argosy Property Ltd.		14,216		11,067
Atrium European Real Estate Ltd.		5,530		31,038
Ayala Land, Inc.		161,400		111,674
BR Malls Participacoes SA		16,000		141,811
Brookfield Asset Management, Inc., Class A		17,800		658,727
Brookfield Office Properties, Inc.		7,800		132,063
CA Immobilien Anlagen AG*		2,046		25,740
Capital & Counties Properties PLC		17,060		93,838
CapitaLand Ltd.		80,000		202,944
Castellum AB		5,382		76,950
Central Pattana PCL		42,600		58,590
Daibiru Corp.		1,300		13,635
Echo Investment SA*		13,101		27,011
Fabege AB		4,199		47,339
First Capital Realty, Inc.		2,700		44,899
Forest City Enterprises, Inc., Class A*		4,662		81,678
Global Logistic Properties Ltd.		79,000		176,172
Grainger PLC		5,060		13,398
GuocoLand Ltd.		13,000		21,446
Hang Lung Group Ltd.		23,000		118,403
Hang Lung Properties Ltd.		59,000		190,990
Heiwa Real Estate Co., Ltd.		900		14,395
Hongkong Land Holdings Ltd.		37,000		249,702
Hulic Co., Ltd.		9,400		112,493
Hysan Development Co., Ltd.		18,342		77,828
Immofinanz AG*		32,761		134,175
Kerry Properties Ltd.		22,000		90,439
KLCC Property Holdings Bhd		11,600		23,457
Kungsleden AB		3,899		24,978
Mitsui Fudosan Co., Ltd.		28,000		843,984
NTT Urban Development Corp.		43		51,835
Precinct Properties New Zealand Ltd.		26,450		21,640
PSP Swiss Property AG REG*		1,349		119,078
Robinsons Land Corp.		52,700		27,621
Singapore Land Ltd.		3,000		21,539
SM Prime Holdings, Inc.		198,275		80,115
Swiss Prime Site AG REG*		1,973		145,097
Tokyu Land Corp.		14,000		133,266
United Industrial Corp. Ltd.		4,000		9,525
Wheelock & Co., Ltd.		26,000		135,212

				4,686,064

Total Common Stocks (cost $23,485,731)				25,816,376


U.S. Treasury Bonds 7.1%

	Principal Amount		Market Value
U.S. Treasury Inflation Indexed Bonds
0.13%, 04/15/16	$	651,000		708,281
0.13%, 04/15/17		754,000		799,160
0.13%, 04/15/18		305,000		317,296
0.13%, 01/15/22		701,000		713,811
0.13%, 07/15/22		696,000		695,774
0.13%, 01/15/23		696,000		684,733
0.50%, 04/15/15		360,000		397,606
0.63%, 07/15/21(a)		608,300		655,527
0.63%, 02/15/43		271,000		227,770
0.75%, 02/15/42		392,000		350,950
1.13%, 01/15/21(a)		623,000		715,768
1.25%, 07/15/20(a)		549,000		642,484
1.38%, 07/15/18		254,000		301,993

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Alternatives Allocation Fund



U.S. Treasury Bonds (continued)

	Shares		Market Value
U.S. Treasury Inflation Indexed Bonds (continued)
1.38%, 01/15/20		322,000	$	381,009
1.63%, 01/15/15		322,000		409,031
1.63%, 01/15/18		278,000		340,704
1.75%, 01/15/28		265,000		330,251
1.88%, 07/15/15		288,000		367,328
1.88%, 07/15/19		258,000		319,692
2.00%, 07/15/14		322,000		410,798
2.00%, 01/15/16		289,000		365,528
2.00%, 01/15/26		339,000		460,411
2.12%, 02/15/40		258,000		333,802
2.13%, 01/15/19		250,000		308,668
2.13%, 02/15/41		407,000		520,671
2.38%, 01/15/17		293,000		377,316
2.38%, 01/15/25		475,000		703,305
2.38%, 01/15/27		280,000		389,582
2.50%, 07/15/16		339,000		434,284
2.50%, 01/15/29		240,000		320,571
2.63%, 07/15/17		237,000		303,877
3.38%, 04/15/32		85,000		156,521
3.63%, 04/15/28		285,000		569,268
3.88%, 04/15/29		331,000		674,226

Total U.S. Treasury Bonds (cost $15,878,665)				15,687,996


U.S. Treasury Note 31.3%

	Principal Amount		Market Value
U.S. Treasury Note, 3.13%, 05/15/19		63,893,000		69,194,126

Total U.S. Treasury Note (cost $71,368,345)				69,194,126


Commodity-Linked Notes 4.3%

	Principal Amount		Market Value
Bank of America Corp. Commodity Note, one-month U.S. Dollar LIBOR due 05/01/14 (indexed to the Dow Jones-UBS Commodity Index 3 Month Forward Total Return)(b)(c)(d)	$	9,800,000	$	7,444,351
JPMorgan Chase Bank, NA Commodity Note, three-month U.S. Dollar LIBOR-0.10% due 10/31/13 (indexed to the Dow Jones-UBS Commodity Index 3 Month Forward Total Return)(b)(c)(d)		350,000		211,132
JPMorgan Chase Bank, NA Commodity Note, three-month U.S. Dollar LIBOR-0.10% due 03/24/14 (indexed to the Dow Jones-UBS Commodity Index 3 Month Forward Total Return)(b)(c)(d)		300,000		232,479
JPMorgan Chase Bank, NA Commodity Note, three-month U.S. Dollar LIBOR-0.10% due 04/01/14 (indexed to the Dow Jones-UBS Commodity Index 3 Month Forward Total Return)(b)(c)(d)		440,000		350,689
JPMorgan Chase Bank, NA Commodity Note, three-month U.S. Dollar LIBOR-0.10% due 05/30/14 (indexed to the Dow Jones-UBS Commodity Index 3 Month Forward Total Return)(b)(c)(d)		250,000		218,019
JPMorgan Chase Bank, NA Commodity Note, three-month U.S. Dollar LIBOR-0.10% due 08/04/14 (indexed to the Dow Jones-UBS Commodity Index 3 Month Forward Total Return)(b)(c)(d)		290,000		287,352
UBS AG Commodity Note, one-month U.S. Dollar LIBOR due 04/24/14 (indexed to the Dow Jones-UBS Commodity Index 3 Month Forward Total Return)(b)(c)(d)		250,000		186,948
UBS AG Commodity Note, one-month U.S. Dollar LIBOR due 06/20/14 (indexed to the Dow Jones-UBS Commodity Index 3 Month Forward Total Return)(b)(c)(d)		250,000		218,130
UBS AG Commodity Note, three-month U.S. Dollar LIBOR due 08/22/14 (indexed to the Dow Jones-UBS Commodity Index 3 Month Forward Total Return)(b)(c)(d)		450,000		433,374

Total Commodity-Linked Notes (cost $12,380,000)				9,582,474


Purchased Options 0.0%†

	Number of Contracts		Market Value
Call Options 0.0%†
KLCI Index, Expires 08/30/13, Strike Price MYR 1,813.50*		50		7,612
KOSPI 200 Index, Expires 09/12/13, Strike Price KRW 243.50*		1		3,742
KOSPI 200 Index, Expires 09/12/13, Strike Price KRW 252.10*		31		50,272
KOSPI 200 Index, Expires 09/12/13, Strike Price KRW 249.20*		1		2,214
SET50 Index, Expires 09/27/13, Strike Price THB 910.28*		28		63,268

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Alternatives Allocation Fund



Purchased Options (continued)

	Number of Contracts		Market Value
Call Options (continued)
SET50 Index, Expires 09/27/13, Strike Price THB 1,002.50*		2	$	1,311

Total Purchased Options (cost $1,884)				128,419


Mutual Fund 44.1%

	Shares		Market Value
Money Market Fund 44.1%
Fidelity Institutional Money Market Fund - Institutional Class, 0.11% (e)		97,460,025		97,460,025

Total Mutual Fund (cost $97,460,025)				97,460,025

Total Investments (cost $220,574,650) (f) — 98.5%				217,869,416
Other assets in excess of liabilities — 1.5%				3,266,318

NET ASSETS — 100.0%			$	221,135,734

*	Denotes a non-income producing security.

(a)	Security or a portion of the security was used to cover the margin requirement for futures contracts.

(b)	Variable Rate Security. The rate reflected in the Statement of Investments is the rate in effect on July 31, 2013. The maturity date represents the actual maturity date.

(c)

Security is linked to the Dow Jones-UBS Commodity Index 3 Month Forward Total Return. Security does not guarantee any return of principal at maturity but instead, will pay at maturity or upon exchange, an amount based on the closing value of the Dow Jones-UBS Commodity Index 3 Month Forward Total Return. Although these instruments are primarily debt obligations, they indirectly provide exposure to changes in the value of the underlying commodities. Holders of the security have the right to exchange these notes at any time.

(d)

Rule 144A, Section 4(2), or other security which is restricted as to sale to institutional investors. These securities were deemed liquid pursuant to procedures approved by the Board of Trustees. The aggregate value of these securities at July 31, 2013 was $9,582,474 which represents 4.33% of net assets.

(e)	Represents 7-day effective yield as of July 31, 2013.

(f)	At July 31, 2013, the tax basis cost of the Fund’s investments was $220,780,181, tax unrealized appreciation and depreciation were $3,133,246 and $(6,044,011), respectively.

†	Amount rounds to less than 0.1%.


AB		Stock Company
AG		Stock Corporation
AS		Stock Corporation
Bhd		Public Limited Company
KLCI		Kuala Lumpur Composite Index
KOSPI		Korean Composite Stock Price Index
KRW		South Korean Won
LIBOR		London Interbank Offered Rate
Ltd.		Limited
MYR		Malaysia Ringgit
NA		National Association
NV		Public Traded Company
PCL		Public Company Limited
PLC		Public Limited Company
REG		Registered Shares
REIT		Real Estate Investment Trust
SA		Stock Company
SCA		Limited partnership with share capital
SE		European Public Limited Liability Company
SET		Stock Exchange of Thailand
SpA		Limited Share Company
THB		Thailand Baht

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Alternatives Allocation Fund

At July 31, 2013, the Fund’s open written options contracts were as follows:

Put Options


Number of contracts	Description	Counterparty	Expiration Date		Premiums Paid/ (Received)		Value at July 31, 2013			Unrealized Appreciation/ (Depreciation)
50	KLCI Index (Strike Price MYR 1,813.50)	Credit Suisse International		08/30/13	$	—	$	(38,989	)	$	(38,989	)
1	KOSPI 200 Index (Strike Price KRW 243.50)	Credit Suisse International		09/12/13		—		(1,414	)		(1,414	)
1	KOSPI 200 Index (Strike Price KRW 249.20)	Credit Suisse International		09/12/13		—		(2,415	)		(2,415	)
31	KOSPI 200 Index (Strike Price KRW 252.10)	Credit Suisse International		09/12/13		—		(96,356	)		(96,356	)
2	SET50 Index (Strike Price THB 1,002.50)	Credit Suisse International		09/27/13		—		(4,021	)		(4,021	)
28	SET50 Index (Strike Price THB 910.28)	Credit Suisse International		09/27/13		—		(19,192	)		(19,192	)

					$	—	$	(162,387	)	$	(162,387	)

Amounts designated as “—” are zero or have been rounded to zero.

At July 31, 2013, the Fund’s open swap contracts were as follows:

Credit default swaps on sovereign issues — sell protection¹


Counterparty	Reference Entity	Fixed Annual Rate Paid by Fund			Notional Amount²		Implied Credit Spread as of July 31, 2013³			Termination Date		Upfront Premium (Received)/ Paid⁴			Unrealized Appreciation/ (Depreciation)
Bank of America Corp.	Federal Republic of Brazil		1.00	%	$	3,600,000		1.705	%		12/20/17	$	(12,140	)	$	(89,994	)
Bank of America Corp.	Republic of Colombia		1.00	%		100,000		1.121	%		06/20/17		(1,696	)		1,356
Bank of America Corp.	Republic of Indonesia		1.00	%		3,600,000		1.700	%		06/20/17		(119,627	)		29,932
Bank of America Corp.	Republic of Indonesia		1.00	%		1,400,000		1.894	%		12/20/17		(28,708	)		(21,600	)
Bank of America Corp.	Republic of Philippines		1.00	%		1,000,000		0.909	%		06/20/17		(24,560	)		29,193
Bank of America Corp.	Republic of Philippines		1.00	%		500,000		1.034	%		12/20/17		(5,387	)		5,243
Credit Suisse International	Republic of Colombia		1.00	%		100,000		1.033	%		12/20/16		(3,104	)		3,110
Credit Suisse International	Republic of Indonesia		1.00	%		200,000		1.525	%		12/20/16		(6,302	)		3,083
Credit Suisse International	Republic of Indonesia		1.00	%		100,000		1.618	%		03/20/17		(2,317	)		268
Credit Suisse International	Republic of Indonesia		1.00	%		200,000		1.618	%		03/20/17		(7,028	)		2,928
Credit Suisse International	Republic of Panama		1.00	%		100,000		0.984	%		09/20/16		(60	)		225
Credit Suisse International	Republic of Peru		1.00	%		100,000		1.021	%		09/20/16		(743	)		795
Credit Suisse International	Republic of Peru		1.00	%		500,000		1.021	%		09/20/16		(6,062	)		6,321
Credit Suisse International	Republic of Peru		1.00	%		1,200,000		1.157	%		06/20/17		(27,716	)		21,960
Credit Suisse International	Republic of Philippines		1.00	%		200,000		0.731	%		09/20/16		(3,503	)		5,407
Credit Suisse International	Republic of Philippines		1.00	%		200,000		0.800	%		12/20/16		(9,614	)		11,188
Credit Suisse International	Republic of Turkey		1.00	%		100,000		1.658	%		09/20/16		(2,601	)		706
Credit Suisse International	Republic of Turkey		1.00	%		1,800,000		1.658	%		09/20/16		(78,529	)		44,415
Credit Suisse International	Republic of Turkey		1.00	%		600,000		1.779	%		03/20/17		(29,275	)		13,589
Credit Suisse International	Republic of Venezuela		5.00	%		100,000		8.461	%		09/20/16		(10,667	)		2,006
Credit Suisse International	Republic of Venezuela		5.00	%		1,200,000		8.461	%		09/20/16		(214,200	)		110,262
Credit Suisse International	Republic of Venezuela		5.00	%		100,000		8.552	%		12/20/16		(12,118	)		2,616
Credit Suisse International	Republic of Venezuela		5.00	%		200,000		8.630	%		03/20/17		(14,917	)		(5,682	)
Credit Suisse International	Russia Foreign Bond		1.00	%		1,500,000		1.415	%		09/20/16		(33,229	)		15,849
Credit Suisse International	Russia Foreign Bond		1.00	%		100,000		1.415	%		09/20/16		(1,263	)		104
Deutsche Bank AG	Federal Republic of Brazil		1.00	%		1,100,000		1.457	%		09/20/16		(7,230	)		(6,935	)
Deutsche Bank AG	Federal Republic of Brazil		1.00	%		100,000		1.457	%		09/20/16		(450	)		(837	)
Deutsche Bank AG	Federal Republic of Brazil		1.00	%		4,100,000		1.606	%		06/20/17		(85,846	)		(2,600	)
Deutsche Bank AG	Republic of Panama		1.00	%		800,000		0.984	%		09/20/16		(1,173	)		2,493
Deutsche Bank AG	Republic of Peru		1.00	%		2,400,000		1.251	%		12/20/17		0			(22,759	)
Deutsche Bank AG	Republic of Turkey		1.00	%		200,000		1.779	%		03/20/17		(12,288	)		7,059

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Alternatives Allocation Fund

Credit default swaps on sovereign issues — sell protection¹ (continued)


Counterparty	Reference Entity	Fixed Annual Rate Paid by Fund			Notional Amount²		Implied Credit Spread as of July 31, 2013³			Termination Date		Upfront Premium (Received)/ Paid⁴			Unrealized Appreciation/ (Depreciation)
Deutsche Bank AG	Republic of Turkey		1.00	%	$	2,300,000		1.950	%		12/20/17	$	(59,929	)	$	(28,306	)
Deutsche Bank AG	Republic of Venezuela		5.00	%		3,600,000		8.699	%		06/20/17		(354,393	)		(44,650	)
Deutsche Bank AG	Republic of Venezuela		5.00	%		900,000		8.819	%		12/20/17		(85,807	)		(27,443	)
Deutsche Bank AG	Russia Foreign Bond		1.00	%		200,000		1.530	%		03/20/17		(11,554	)		8,046
Deutsche Bank AG	Russia Foreign Bond		1.00	%		2,200,000		1.577	%		06/20/17		(104,076	)		58,972
Deutsche Bank AG	Russia Foreign Bond		1.00	%		600,000		1.698	%		12/20/17		(11,973	)		(4,892	)
Deutsche Bank AG	United Mexican States		1.00	%		3,900,000		1.018	%		06/20/17		(61,888	)		63,794
UBS AG	Federal Republic of Brazil		1.00	%		300,000		1.563	%		03/20/17		(6,113	)		509
UBS AG	Republic of Indonesia		1.00	%		1,100,000		1.416	%		09/20/16		(18,400	)		5,682
UBS AG	Republic of Indonesia		1.00	%		100,000		1.416	%		09/20/16		(1,055	)		(101	)
UBS AG	Republic of Panama		1.00	%		100,000		0.984	%		09/20/16		(1,103	)		1,268
UBS AG	Republic of Panama		1.00	%		500,000		1.082	%		03/20/17		(8,185	)		7,300
UBS AG	Republic of Panama		1.00	%		1,900,000		1.122	%		06/20/17		(32,971	)		26,365
UBS AG	Republic of Peru		1.00	%		300,000		1.073	%		12/20/16		(4,134	)		3,751
UBS AG	Republic of Peru		1.00	%		100,000		1.118	%		03/20/17		(2,435	)		2,133
UBS AG	Republic of Philippines		1.00	%		100,000		0.731	%		09/20/16		(961	)		1,914
UBS AG	Republic of Philippines		1.00	%		600,000		0.731	%		09/20/16		(9,754	)		15,467
UBS AG	Republic of Turkey		1.00	%		100,000		1.658	%		09/20/16		(2,985	)		1,090
UBS AG	Republic of Turkey		1.00	%		4,100,000		1.829	%		06/20/17		(214,945	)		93,098
UBS AG	Russia Foreign Bond		1.00	%		300,000		1.477	%		12/20/16		(9,978	)		5,598

												$	(1,764,992	)	$	359,296

Centrally cleared credit default swaps on credit indices — sell protection¹


Reference Entity	Fixed Annual Rate Paid by Fund			Notional Amount²		Implied Credit Spread as of July 31, 2013³			Termination Date		Upfront Premium (Received)/ Paid⁴		Unrealized Appreciation/ (Depreciation)
Markit CDX North America High Yield Index Series 20		5.00	%	$	33,060,000		3.660	%		06/20/18	$	1,103,374	$	979,241

											$	1,103,374	$	979,241

CDX Credit Default Swap Index

The Fund, as a seller of credit protection, receives periodic payments and any upfront premium from the protection buyer, and is obligated to make a contingent payment, upon occurrence of a credit event with respect to an underlying reference obligation, as defined under the terms of each individual swap contract.

2	The notional amount is the maximum amount that a seller of a credit default swap would be obligated to pay and a buyer of credit protection would receive, upon occurrence of a credit event.

Implied credit spreads are an indication of the seller’s performance risk, related to the likelihood of a credit event occurring that would require a seller to make a payment to a buyer. Implied credit spreads are used to determine the value of swap contracts and reflect the cost of buying/selling protection, which may include upfront payments made to enter into the contract. Therefore, higher spreads would indicate a greater likelihood that a seller will be obligated to perform (i.e., make payment) under the swap contract. Increasing values, in absolute terms and relative notional amounts, are also indicative of greater performance risk. Implied credit spreads for credit default swaps on credit indices are linked to the weighted average spread across the underlying reference obligations included in a particular index.

4	Upfront premiums generally related to payments received at the initiation of the agreement to compensate the differences between the stated terms of the swap agreement and current market conditions (credit spreads, interest rates and other relevant factors).

At July 31, 2013, the Fund has $370,000, $680,000 and $470,000 segregated as collateral with Bank of America Corp., Deutsche Bank AG, and UBS AG, respectively, for open credit default swap contracts.

Equity Swaps


Counterparty	Reference Entity	Termination Date		Notional Amount		Unrealized Appreciation/ (Depreciation)
Credit Suisse International	Bovespa Index		08/14/13	BRL	6,875,005	$	(214,531	)
Credit Suisse International	BIST 30 Index		08/29/13	TRY	1,108,769		(2,999	)
Credit Suisse International	RTS Index		09/16/13	$	1,370,256		62,004
Credit Suisse International	WIG20 Index		09/20/13	PLN	572,100		(5,728	)

						$	(161,254	)


BIST		Borsa Istanbul Stock Exchange
BRL		Brazilian Real
PLN		Poland Zloty
RTS		Russian Trading System
TRY		Turkish Lira
WIG		Warsaw Stock Exchange

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Alternatives Allocation Fund

At July 31, 2013, the Fund has $1,010,000 segregated as collateral with Credit Suisse International for open written options, credit default swaps, and equity swap contracts.

At July 31, 2013, the Fund’s open futures contracts were as follows:


Number of Contracts	Long Contracts	Expiration	Notional Value Covered by Contracts		Unrealized Appreciation/ (Depreciation)
13	Australian 10 Year Bond Future	09/16/13	$	1,388,218	$	(27,639	)
15	Canadian 10 Year Bond Future	09/19/13		1,921,186		(69,595	)
270	EURO-BOBL Future	09/06/13		45,193,852		(121,637	)
48	FTSE/JSE Top 40 Future	09/19/13		1,783,378		13,940
72	H-Shares Index Future	08/29/13		4,487,235		(40,150	)
9	Japan 10 Year Bond Treasury Future	09/10/13		13,201,716		90,846
16	Long GILT Future	09/26/13		2,742,631		(109,081	)
47	Mexican Bolsa Index Future	09/20/13		1,508,202		45,280
96	MSCI Taiwan Index Future	08/29/13		2,730,240		(28,322	)
137	SGX S&P CNX Nifty Future	08/29/13		1,582,898		(90,955	)

			$	76,539,556	$	(337,313	)


BOBL		Bundesobligationen (Federal Republic of Germany)
CNX		CRISIL NSE Index
FTSE		Financial Times Stock Exchange
GILT		Government Index-Linked Treasury
JSE		Johannesburg Stock Exchange
SGX		Singapore Exchange

At July 31, 2013, the Fund’s open forward foreign currency contracts against the United States Dollar were as follows:


Currency	Counterparty	Delivery Date		Currency Delivered			Contract Value			Market Value			Unrealized Appreciation/ (Depreciation)
Short Contracts:
Brazilian Real	Morgan Stanley Co., Inc.		08/02/13		(6,000,000	)	$	(2,662,880	)	$	(2,630,022	)	$	32,858
Czech Republic Koruna	Societe Generale		09/18/13		(2,200,000	)		(114,250	)		(112,816	)		1,434
Hong Kong Dollar	Societe Generale		09/18/13		(3,000,000	)		(386,533	)		(386,892	)		(359	)
Taiwan Dollar	Societe Generale		09/18/13		(3,300,000	)		(110,627	)		(110,111	)		516
Turkish Lira	Societe Generale		09/18/13		(200,000	)		(105,960	)		(102,376	)		3,584

Total Short Contracts							$	(3,380,250	)	$	(3,342,217	)	$	38,033


Currency	Counterparty	Delivery Date	Currency Received		Contract Value		Market Value		Unrealized Appreciation/ (Depreciation)
Long Contracts:
Brazilian Real	Societe Generale	08/02/13		200,000	$	89,633	$	87,667	$	(1,966	)
Brazilian Real	UBS AG	08/02/13		5,800,000		2,556,502		2,542,354		(14,148	)
Brazilian Real	Morgan Stanley Co., Inc.	09/04/13		6,000,000		2,646,144		2,610,452		(35,692	)
Czech Republic Koruna	Societe Generale	09/18/13		2,200,000		112,839		112,816		(23	)
Hong Kong Dollar	BNP Paribas	09/18/13		42,100,000		5,424,279		5,429,388		5,109
Hong Kong Dollar	Societe Generale	09/18/13		200,000		25,787		25,793		6
Hungarian Forint	Societe Generale	09/18/13		19,600,000		85,682		86,739		1,057
Indian Rupee	Citibank NA	09/18/13		92,400,000		1,599,031		1,500,177		(98,854	)
Indian Rupee	Societe Generale	09/18/13		4,400,000		72,763		71,437		(1,326	)
Korean Won	Societe Generale	09/23/13		3,748,000,000		3,364,755		3,326,279		(38,476	)
Korean Won	Societe Generale	09/23/13		187,400,000		165,431		166,314		883

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Alternatives Allocation Fund


Currency	Counterparty	Delivery Date	Currency Received		Contract Value		Market Value		Unrealized Appreciation/ (Depreciation)
Malaysian Ringgit	Nomura Securities Tokyo	09/18/13		3,300,000	$	1,066,340	$	1,014,440	$	(51,900	)
Mexican Peso	Morgan Stanley Co., Inc.	09/18/13		16,500,000		1,277,189		1,285,893		8,704
Mexican Peso	Societe Generale	09/18/13		1,100,000		87,658		85,726		(1,932	)
Polish Zlotych	Societe Generale	09/18/13		1,200,000		368,064		374,335		6,271
South African Rand	Morgan Stanley Co., Inc.	09/18/13		15,400,000		1,485,554		1,550,348		64,794
South African Rand	Societe Generale	09/18/13		1,400,000		140,658		140,941		283
Taiwan Dollar	Citibank NA	09/18/13		82,500,000		2,792,823		2,752,774		(40,049	)
Taiwan Dollar	Societe Generale	09/18/13		6,600,000		220,810		220,222		(588	)
Thailand Baht	Societe Generale	09/18/13		3,500,000		112,280		111,512		(768	)
Thailand Baht	Societe Generale	09/18/13		21,000,000		682,150		669,073		(13,077	)
Turkish Lira	Societe Generale	09/18/13		1,100,000		570,510		563,069		(7,441	)
Turkish Lira	Societe Generale	09/18/13		100,000		51,538		51,188		(350	)

Total Long Contracts					$	24,998,420	$	24,778,937	$	(219,483	)

In accordance with the authoritative guidance on fair value measurements and disclosures under accounting principles generally accepted in the United States of America, Nationwide Mutual Fund Trust’s (the “Trust”) investment adviser to the Fund, Nationwide Fund Advisors (“NFA”), assigns a fair value to Fund investments in accordance with a hierarchy that prioritizes the various types of inputs used to measure fair value. The hierarchy gives the highest priority to readily available unadjusted quoted prices in active markets for identical assets (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements) when market prices are not readily available or reliable.

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.

An investment’s categorization within the hierarchy is based on the lowest level of any input that is significant to the fair valuation in its entirety. The inputs or methodology used to value investments are not intended to indicate the risk associated with investing in those investments.

The Trust’s Board of Trustees has delegated authority to NFA, and the Trust’s administrator, Nationwide Fund Management LLC (“NFM”), to assign fair value. NFA and NFM have established a Fair Valuation Committee (“FVC”) to assign these fair valuations.

The FVC follows guidelines approved by the Board of Trustees to assign the fair value. The fair value of a security may differ from its quoted or published price. Fair valuation of portfolio securities may occur on a daily basis. The FVC monitors the results of fair valuation determinations and regularly reports the results to the Board of Trustees.

Securities may be fair valued in a variety of circumstances, such as where (i) market quotations are not readily available; (ii) an independent pricing service does not provide a value or the value provided by an independent pricing service is determined to be unreliable in the judgment of NFA or its designee; (iii) a significant event has occurred that affects the value of the Fund’s securities after trading has stopped (e.g., earnings announcements or news relating to natural disasters affecting an issuer’s operations); (iv) the securities are illiquid; (v) the securities have defaulted or been delisted from an exchange and are no longer trading; or (vi) any other circumstance in which the FVC believes that market quotations do not accurately reflect the value of a security.

The fair valuation of securities takes into account relevant factors and surrounding circumstances, including, but not limited to, the prices of related or comparable assets or liabilities, recent transactions, market multiples, anticipated cash flows, the nature and duration of any restrictions on transfer, book values, and other information relevant to the investment. Methods utilized to determine fair value may include, among others, the following: (i) a multiple of earnings; (ii) the discount from market value of a similar, freely traded security; (iii) the yield-to-maturity for debt issues; or (iv) a combination of these and other methods. Fair valuations may also take into account significant events that occur before Valuation Time but after the close of the principal market on which a security trades that materially affect the value of such security.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Alternatives Allocation Fund

The following table provides a summary of the inputs used to value the Fund’s net assets as of July 31, 2013. Please refer to the Statement of Investments for additional information on portfolio holdings.


	Level 1		Level 2		Level 3		Total
Assets:
Commodity-Linked Notes	$	—	$	9,582,474	$	—	$	9,582,474
Common Stocks
Real Estate Investment Trusts (REITs)		14,316,623		6,813,689		—		21,130,312
Real Estate Management & Development		1,072,458		3,613,606		—		4,686,064

Total Common Stocks	$	15,389,081	$	10,427,295	$	—	$	25,816,376

Swap Contracts*		62,004		997,891		—		1,059,895
Forward Foreign Currency Contracts		—		125,499		—		125,499
Futures Contracts		150,066		—		—		150,066
Mutual Fund		97,460,025		—		—		97,460,025
Purchased Options		—		128,419		—		128,419
U.S. Treasury Bonds		—		15,687,996		—		15,687,996
U.S. Treasury Note		—		69,194,126		—		69,194,126

Total Assets	$	113,061,176	$	106,143,700	$	—	$	219,204,876

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Alternatives Allocation Fund


	Level 1			Level 2			Level 3		Total
Liabilities:
Swap Contracts*	$	(223,258	)	$	(1,424,346	)	$	—	$	(1,647,604	)
Forward Foreign Currency Contracts		—			(306,949	)		—		(306,949	)
Futures Contracts		(487,379	)		—			—		(487,379	)
Written Options		—			(162,387	)		—		(162,387	)

Total Liabilities	$	(710,637	)	$	(1,893,682	)	$	—	$	(2,604,319	)

Total	$	112,350,539		$	104,250,018		$	—	$	216,600,557

Amounts designated as “—”, which may include fair valued securities, are zero or have been rounded to zero.

*	Swap contracts are included in the table at value, with the exception of centrally cleared and equity swap contracts which are included in the table at unrealized appreciation/(depreciation).

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

The following is a summary of the Fund’s derivative instruments categorized by risk exposure as of July 31, 2013. Please see below for information on the Fund’s policy regarding the objectives and strategies for using options, swap contracts, futures contracts, and forward foreign currency contracts.

Options

The Fund purchased and wrote call and put options, respectively, on foreign indices, and entered into closing transactions with respect to such options to terminate an existing position. Such call and put options are used to replicate the performance of an index. Writing call options serves as a limited short hedge because declines in the value of the hedged investment would be offset to the extent of the premium received for writing the option. However, if the security appreciates to a price higher than the strike price of the call option, it can be expected that the option will be exercised, and the Fund will be obligated to sell the security at less than its market value or will be obligated to purchase the security at a price greater than that at which the security must be sold under the option. Writing put options serves as a limited long hedge because increases in the value of the hedged investment would be offset to the extent of the premium received for writing the option. However, if the security depreciates to a price lower than the strike price of the put option, it can be expected that the put option will be exercised, and the Fund will be obligated to purchase the security at more than its market value. The Fund segregates liquid assets to cover its obligations under its option contracts.

When the Fund writes a call or a put option, an amount equal to the premium received is recorded as a liability and subsequently marked to market to reflect the current value of the option written. Premiums received from writing options which expire unexercised are treated as realized gains. Premiums received from writing options which are exercised or closed are added to the proceeds from or offset against amounts paid on the underlying transaction to determine the realized gain or loss on such underlying transaction. When the Fund writes an option, it has no control over whether the option will be exercised, and as a result bears the risk of an unfavorable change in the price of the instrument underlying the written option. Writing options entails the risk that the Fund may not be able to enter into a closing transaction because of an illiquid market.

Options traded in the over-the-counter (“OTC”) market, and which are not quoted by NASDAQ, are valued at the last sale price, if available, otherwise, at the last quoted bid price, and are generally categorized as Level 2 investments within the hierarchy. The value of an option position will reflect, among other things, the implied price volatility of the underlying investment, the current market value of the underlying investment, the time remaining until expiration of the option, the relationship of the strike price to the market price of the underlying investment, and general market conditions. Options that expire unexercised have no value. Options used by the Fund include American-style options, which can be exercised at any time prior to the expiration date of the option. This is in contrast to European-style options which can only be exercised at expiration of the option.

The Fund effectively terminates its right or obligation under an option by entering into a closing transaction. Closing transactions permit the Fund to realize the profit or limit the loss on an option position prior to its exercise or expiration.

If the Fund is unable to effect a closing transaction for an option it purchased, it would have to exercise the option to realize any profit. The inability to enter into a closing purchase transaction for a covered call option written by the Fund could cause material losses because the Fund would be unable to sell the investment used as a cover for the written option until the option expires or is exercised.

The writing and purchasing of options is a highly specialized activity that involves investment techniques and risks different from those associated with ordinary portfolio securities transactions. Imperfect correlation between the options and securities markets may detract from the effectiveness of attempted hedging. Transactions using OTC options (other than purchased options) expose the Fund to counterparty risk. To the extent required by Securities Exchange Commission (“SEC”) guidelines, the Fund will not enter into any such transactions unless it owns either (i) an offsetting (“covered”) position in securities, other options, or futures or (ii) cash and liquid obligations with a value sufficient at all times to cover its potential obligations to the extent not covered as provided in (i) above. The Fund will also earmark or set aside cash and/or appropriate liquid assets in a segregated custodial account as required by SEC and U.S. Commodity Futures Trading Commission regulations. Assets used as cover or held in a segregated account cannot be sold while the position in the corresponding option or futures contract is open, unless they are replaced with similar assets. As a result, the commitment of a large portion of the Fund’s assets to earmarking or segregated accounts as a cover could impede portfolio management or the Fund’s ability to meet redemption requests or other current obligations.

Swap Contracts

Credit Default Swaps. The Fund entered into credit default swap contracts during the period ended July 31, 2013. Swap contracts are privately negotiated agreements between the Fund and a counterparty. The Fund uses credit default swap contracts to create synthetic long exposure to domestic indices and sovereign debt securities. The Fund segregates liquid assets to cover its obligations under its credit default swap contracts.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Alternatives Allocation Fund

As the seller in a credit default swap contract, the Fund receives from the counterparty a periodic stream of payments over the term of the contract, provided that no credit event or default (or similar event) occurs. However, the Fund is required to pay the par (or other agreed-upon) value of a referenced debt obligation to the counterparty in the event of a default (or similar event) by a third party, such as a U.S. or foreign issuer, on the debt obligation. In return, if no credit event or default (or similar event) occurs, the Fund keeps the stream of payments and would have no payment of obligations.

If a credit event or default (or similar event) were to occur, the Fund either (i) pays to the buyer of protection an amount equal to the notional amount of the swap and takes delivery of the referenced obligation, other deliverable obligations or underlying securities comprising the referenced index, or (ii) pays a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. By selling a credit default swap contract, the Fund effectively adds economic leverage to its portfolio because, in addition to its total net assets, the Fund is subject to investment exposure on the notional amount of the swap.

Credit default swaps on sovereign issues involve one party making a stream of payments to another party in exchange for the right to receive a specified return in the event of a default or other credit event. The Fund uses credit default swaps on sovereign issues to take a long position to replicate performance of a particular security.

Credit default swap agreements on credit indices involve one party making a stream of payments to another party in exchange for the right to receive a specified return in the event of a write-down, principal shortfall, interest shortfall or default of all or part of the referenced entities comprising the credit index. A credit index is a basket of credit instruments or exposures designed to be representative of some part of the credit market as a whole. These indices are made up of reference credits that are judged by a poll of dealers to be the most liquid entities in the credit default swap market based on the sector of the index. Components of the indices include high-yield securities. Credit indices are traded using credit default swaps with standardized terms including a fixed spread and standard maturity dates. An index credit default swap references all the names in the index, and if there is a default, the credit event is settled based on the name’s weight in the index. For most indices, each name has an equal weight in the index. The composition of the indices changes periodically. The use of credit default swaps on indices is often less expensive than it would be to buy many issuer-specific credit default swaps to achieve a similar effect.

Credit default swaps are marked-to-market daily based on valuations from independent pricing services. Pricing services utilize comparisons to two valuation sources. If the valuations differ by more than 100 basis points against the notional amount, further investigation with the pricing services takes place. Credit default swaps are generally categorized as Level 2 investments within the hierarchy.

Implied credit spreads are utilized in determining the market value of credit default swap agreements on sovereign issues and credit indices, and serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. Implied credit spreads utilized in valuing the Fund’s investments as of July 31, 2013 are disclosed in the Statement of Investments. The implied credit spread of a particular referenced entity reflects the cost of selling protection on such entity’s debt, and may include upfront payments required to be made to enter into the agreement. For credit default swap agreements on credit indices, the quoted market prices and resulting value serve as the indicator of the current status of the payment/performance risk. Wider credit spreads represent a deterioration of the referenced entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement.

Certain clearinghouses currently offer clearing for limited types of derivatives transactions, such as interest and credit derivatives. In a cleared derivative transaction, the Fund typically enters into the transaction with a financial institution counterparty, and performance of the transaction is effectively guaranteed by a central clearinghouse, thereby reducing or eliminating the Fund’s exposure to the credit risk of its original counterparty. The Fund will be required to post specified levels of margin with the clearinghouse or at the instruction of the clearinghouse; the margin required by a clearinghouse may be greater than the margin the Fund would be required to post in an uncleared transaction. Only a limited number of transactions are currently eligible for clearing.

Equity Swaps. The Fund entered into equity swap contracts to invest in a market without owning or taking physical custody of securities in various circumstances. Equity swaps are also used to provide particular index exposure. The counterparty to an equity swap contract is a financial institution. The Fund’s equity swap contracts are structured in a manner in which the counterparty and the Fund each agree to pay the other party the difference between the relative investment performances that would have been achieved if the notional amount of the equity swap contract had been invested in the particular indices. The Fund has segregated liquid assets to cover its obligations under the equity swap contracts.

The Fund entered into equity swaps on a net basis, which means that the two payment streams are netted out, with the Fund receiving or paying, as the case may be, only the net amount of the two payments. Payments are made at the conclusion of an equity swap contract or periodically during its term. Equity swaps normally do not involve the delivery of securities or other underlying assets. Accordingly, the risk of loss with respect to equity swaps is normally limited to the net amount of payments that the Fund is contractually obligated to make. If the other party to an equity swap defaults, the Fund’s risk of loss consists of the net amount of payments that the Fund is contractually entitled to receive, if any. Equity swaps are valued at the last quoted sales price on the valuation date and are generally categorized as Level 1 investments within the hierarchy.

Futures Contracts

The Fund is subject to equity price and interest rate risk in the normal course of pursuing its investment objectives. The Fund entered into financial futures contracts (“futures contracts”) to meet the Fund’s investment objectives and to obtain and/or manage exposure related to the value of equities and interest rates. Futures contracts are contracts for delayed delivery of securities or currencies at a specific future date and at a specific price or currency amount.

Should market conditions change unexpectedly, the Fund may not achieve the anticipated benefits of futures contracts and may realize a loss. The use of futures contracts for hedging purposes involves the risk of imperfect correlation in the movements in the price of the futures contracts and the underlying assets. The Fund’s investments in futures contracts entail limited counterparty credit risk because the Fund invests only in exchange-traded futures contracts, which are settled through a clearing house and whose fulfillment is guaranteed by the credit of the exchange.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Alternatives Allocation Fund

Forward Foreign Currency Contracts

The Fund is subject to foreign currency exchange risk in the normal course of pursuing its objectives. The Fund entered into forward foreign currency contracts in connection with planned purchases or sales of securities denominated in a foreign currency and/or to hedge the U.S. dollar value of portfolio securities denominated in a foreign currency. A forward foreign currency contract involves an obligation to purchase or sell a specific currency at a future date, which may be any fixed number of days from the date of the contract agreed upon by the parties, at a price set at the time of the contract. Forward foreign currency contracts are generally valued at the mean of the last quoted bid and ask prices, as provided by an independent pricing service approved by the Board of Trustees, and are generally categorized as Level 2 investments within the hierarchy. A forward foreign currency contract is adjusted daily by the exchange rate of the underlying currency, and any gains or losses are recorded for financial statement purposes as unrealized gains or losses until the contract settlement date. Forward foreign currency contracts entail the risk of unanticipated movements in the value of the foreign currency relative to the U.S. dollar, and the risk that the counterparties to the contracts may be unable to meet their obligations under the contract.

The following tables provide a summary of the Fund’s derivative instruments categorized by risk exposure as of July 31, 2013:

Fair Values of Derivatives not Accounted for as Hedging Instruments as of July 31, 2013


Assets:		Fair Value
Swap Contracts*
Credit risk	Swap contracts	$	997,891
Equity risk	Swap contracts		62,004

Futures Contracts
Equity risk	Unrealized appreciation from futures contracts		59,220
Interest rate risk	Unrealized appreciation from futures contracts		90,846

Forward Foreign Currency Contracts
Currency risk	Unrealized appreciation on forward foreign currency contracts		125,499

Total		$	1,335,460


Liabilities:		Fair Value
Written Options
Equity risk	Written options, at value	$	(162,387	)

Swap Contracts*
Credit risk	Swap contracts		(1,424,346	)
Equity risk	Swap contracts		(223,258	)

Futures Contracts
Equity risk	Unrealized depreciation from futures contracts		(159,427	)
Interest rate risk	Unrealized depreciation from futures contracts		(327,952	)

Forward Foreign Currency Contracts
Currency risk	Unrealized depreciation on forward foreign currency contracts		(306,949	)

Total		$	(2,604,319	)

*	Swap contracts are included in the table at value, with the exception of centrally cleared and equity swap contracts which are included in the table at unrealized appreciation/(depreciation).

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Bond Fund



Asset-Backed Securities 0.7%

	Principal Amount		Market Value
Other 0.7%
Residential Asset Mortgage Products, Inc., Series 2002-RS1, Class AI5, 5.91%, 01/25/32(a)	$	414,404	$	368,718
Structured Asset Securities Corp., Series 2004-6XS, Class A6, 4.63%, 03/25/34(b)		210,295		209,266

				577,984

Total Asset-Backed Securities (cost $624,693)				577,984


Collateralized Mortgage Obligations 6.5%

	Principal Amount		Market Value
ABN Amro Mortgage Corp., Series 2003-8, Class A23, 5.50%, 06/25/33		28,730		28,735
American Home Mortgage Investment Trust, Series 2004-3, Class 6A1, 4.82%, 10/25/34(b)		337,057		341,246
Countrywide Alternative Loan Trust, Series 2007-2CB, Class 2A14, 5.75%, 03/25/37		739,294		592,235
Countrywide Home Loan Mortgage Pass Through Trust, Series 2005-15, Class A7, 5.50%, 08/25/35		310,846		300,001
Federal National Mortgage Association REMICS Series 2003-33, Class LB, 5.50%, 05/25/23		1,960,297		2,124,783
Series 2009-42, Class AP, 4.50%, 03/25/39		1,482,776		1,565,138
MASTR Alternative Loans Trust, Series 2005-6, Class 1A5, 5.50%, 12/25/35		759,951		717,610
Residential Funding Securities LLC, Series 2003-RM2, Class AI3, 4.50%, 05/25/33		107,109		107,096

Total Collateralized Mortgage Obligations (cost $5,748,813)				5,776,844


Commercial Mortgage Backed Securities 10.7%

	Principal Amount		Market Value
Banc of America Merrill Lynch Commercial Mortgage, Inc., Series 2005-6, Class AM, 5.19%, 09/10/47(a)		1,000,000		1,074,642
Citigroup Commercial Mortgage Trust, Series 2007-C6, Class A3B, 5.70%, 12/10/49(a)		1,000,000		1,039,655
Credit Suisse Mortgage Capital Certificates, Series 2007-C5, Class A3, 5.69%, 09/15/40(a)		1,000,000		1,026,421
Greenwich Capital Commercial Funding Corp., Series 2007-GG9, Class A4, 5.44%, 03/10/39		2,000,000		2,218,670
GS Mortgage Securities Corp. II, Series 2006-GG8, Class AM, 5.59%, 11/10/39		1,000,000		1,093,024
JPMorgan Chase Commercial Mortgage Securities Corp., Series 2011-C4, Class A2, 3.34%, 07/15/46(c)		2,000,000		2,099,112
LB-UBS Commercial Mortgage Trust, Series 2005-C7, Class A3, 5.45%, 11/15/30(a)		1,000,000		1,004,075

Total Commercial Mortgage Backed Securities (cost $9,360,822)				9,555,599


Corporate Bonds 53.7%

	Principal Amount		Market Value
Airlines 2.5%
American Airlines Pass Through Trust, Series 2013-2, Class A, 4.95%, 01/15/23(c)		1,000,000		1,008,750
British Airways PLC, 5.63%, 06/20/20(c)		1,000,000		1,024,181
Continental Airlines Pass Through Trust, Series 1997-4, Class B, 6.90%, 01/02/17		151,760		156,692

				2,189,623


Beverages 1.4%
Anheuser-Busch InBev Worldwide, Inc., 7.75%, 01/15/19		1,000,000		1,270,046


Capital Markets 1.6%
FMR LLC, 7.49%, 06/15/19(c)		750,000		906,186
Morgan Stanley, 5.50%, 07/28/21		500,000		547,471

				1,453,657


Chemicals 1.0%
Mosaic Global Holdings, Inc., 7.30%, 01/15/28		750,000		898,072


Commercial Banks 7.1%
Bank of America NA, 6.10%, 06/15/17		750,000		838,350
CoBank ACB, 7.88%, 04/16/18(c)		850,000		1,043,413

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Fund



Corporate Bonds (continued)

	Principal Amount		Market Value
Commercial Banks (continued)
HSBC Holdings PLC, 6.80%, 06/01/38	$	750,000	$	887,284
Huntington Bancshares, Inc., 7.00%, 12/15/20		500,000		591,185
ING Bank NV, 5.13%, 05/01/15(c)		1,000,000		1,031,380
Nordea Bank AB, 4.88%, 05/13/21(c)		1,000,000		1,041,606
Sovereign Bank, 8.75%, 05/30/18		750,000		885,048

				6,318,266


Computers & Peripherals 1.1%
Digital Equipment Corp., 7.75%, 04/01/23		825,000		948,288


Diversified Financial Services 4.7%
General Electric Capital Corp. 5.30%, 02/11/21		500,000		546,815
4.65%, 10/17/21		750,000		800,875
Hyundai Capital Services, Inc., 3.50%, 09/13/17(c)		1,000,000		1,025,000
JPMorgan Chase & Co., Series 1, 7.90%, 04/30/18(d)		1,000,000		1,113,750
National Rural Utilities Cooperative Finance Corp., 10.38%, 11/01/18		500,000		692,035

				4,178,475


Diversified Telecommunication Services 1.1%
Qwest Corp., 6.88%, 09/15/33		1,000,000		990,000


Electric Utilities 1.2%
PSEG Power LLC, 5.32%, 09/15/16		1,000,000		1,105,013


Energy Equipment & Services 1.2%
Weatherford International Ltd., 6.75%, 09/15/40		1,000,000		1,059,971


Food & Staples Retailing 1.2%
CVS Pass-Through Trust, 6.94%, 01/10/30		871,010		1,024,042


Gas Utilities 4.1%
DCP Midstream Operating LP, 3.88%, 03/15/23		1,000,000		933,561
Kinder Morgan Energy Partners LP, 6.95%, 01/15/38		500,000		588,092
Rockies Express Pipeline LLC, 3.90%, 04/15/15(c)		1,000,000		1,005,000
Sunoco Logistics Partners Operations LP, 5.50%, 02/15/20		1,000,000		1,097,859

				3,624,512


Health Care Providers & Services 1.6%
Express Scripts Holding Co., 4.75%, 11/15/21		500,000		538,471
Hospira, Inc., 6.05%, 03/30/17		850,000		910,264

				1,448,735


Industrial Conglomerates 1.5%
Eaton Corp., 8.88%, 06/15/19		1,000,000		1,286,511


Insurance 2.0%
Liberty Mutual Group, Inc., 4.95%, 05/01/22(c)		850,000		882,727
Oil Insurance Ltd., 3.26%, 09/03/13(c)(d)		1,000,000		927,500

				1,810,227


Media 2.5%
NBCUniversal Enterprise, Inc., 1.97%, 04/15/19(c)		1,000,000		976,130
Time Warner Cable, Inc., 4.00%, 09/01/21		500,000		474,334
Time Warner, Inc., 3.15%, 07/15/15		750,000		783,918

				2,234,382


Metals & Mining 3.2%
Anglo American Capital PLC, 9.38%, 04/08/19(c)		550,000		694,341
AngloGold Ashanti Holdings PLC, 5.38%, 04/15/20		500,000		421,551
Barrick Gold Corp., 6.95%, 04/01/19		750,000		821,011
Freeport-McMoRan Copper & Gold, Inc., 2.38%, 03/15/18(c)		1,000,000		947,340

				2,884,243


Multiline Retail 0.8%
Wal-Mart Stores, Inc., 5.63%, 04/15/41		625,000		728,418


Oil, Gas & Consumable Fuels 9.3%
Anadarko Petroleum Corp., 6.95%, 06/15/19		800,000		969,847
Apache Corp., 4.75%, 04/15/43		650,000		626,340
Devon Energy Corp., 4.00%, 07/15/21		750,000		776,681

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Fund



Corporate Bonds (continued)

	Principal Amount		Market Value
Oil, Gas & Consumable Fuels (continued)
Murphy Oil Corp., 3.70%, 12/01/22	$	1,000,000	$	943,723
Petrobras International Finance Co., 3.88%, 01/27/16		1,000,000		1,029,784
Pride International, Inc., 6.88%, 08/15/20		1,000,000		1,200,145
Rowan Cos., Inc., 5.00%, 09/01/17		1,000,000		1,089,124
Transocean, Inc., 6.38%, 12/15/21		1,425,000		1,607,970

				8,243,614


Pharmaceuticals 1.1%
AbbVie, Inc., 2.90%, 11/06/22(c)		1,000,000		948,835


Real Estate Investment Trusts (REITs) 2.3%
Highwoods Realty LP, 5.85%, 03/15/17		1,000,000		1,098,795
ProLogis LP, 6.63%, 12/01/19		850,000		988,182

				2,086,977


Road & Rail 0.4%
Federal Express Corp. 1993 Pass Through Trust, Series B2, 7.63%, 01/01/15		331,928		348,721


Tobacco 0.8%
Reynolds American, Inc., 7.63%, 06/01/16		600,000		699,377

Total Corporate Bonds (cost $46,096,749)				47,780,005


Municipal Bonds 2.4%

	Principal Amount		Market Value

California 1.6%
Northern California Power Agency, Series B, 7.31%, 06/01/40		500,000		577,040
State of California, 5.70%, 11/01/21		750,000		871,387

				1,448,427


District of Columbia 0.8%
Metropolitan Washington Airports Authority, 7.46%, 10/01/46		600,000		703,128

Total Municipal Bonds (cost $2,173,717)				2,151,555


U.S. Government Mortgage Backed Agencies 3.9%

	Principal Amount		Market Value
Federal Home Loan Mortgage Corp. Gold Pool
Pool# E01443, 3.50%, 07/01/18		621,852		650,370
Federal National Mortgage Association Pool
Pool# 383661 6.62%, 06/01/16		1,627,369		1,853,028
Pool# 386905 5.00%, 04/01/19		843,001		942,369

Total U.S. Government Mortgage Backed Agencies (cost $3,050,806)				3,445,767


U.S. Treasury Bonds 7.1%

	Principal Amount		Market Value
U.S. Treasury Inflation Indexed Bonds 2.00%, 01/15/14		3,000,000		3,831,799
2.13%, 01/15/19		2,000,000		2,469,347

Total U.S. Treasury Bonds (cost $6,039,008)				6,301,146


U.S. Treasury Note 3.5%

	Principal Amount		Market Value
U.S. Treasury Note, 0.88%, 04/30/17		3,150,000		3,143,109

Total U.S. Treasury Note (cost $3,160,629)				3,143,109


Yankee Dollar 0.7%

	Principal Amount		Market Value

Oil, Gas & Consumable Fuels 0.7%
Nexen, Inc., 6.40%, 05/15/37		600,000		662,112

Total Yankee Dollar (cost $609,929)				662,112

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Fund



Mutual Fund 5.6%

	Shares		Market Value
Money Market Fund 5.6%
Fidelity Institutional Money Market Fund - Institutional Class, 0.11% (e)		4,946,062	$	4,946,062

Total Mutual Fund (cost $4,946,062)				4,946,062

Total Investments (cost $81,811,228) (f) — 94.8%				84,340,183
Other assets in excess of liabilities — 5.2%				4,619,668

NET ASSETS — 100.0%			$	88,959,851

(a)	Variable Rate Security. The rate reflected in the Statement of Investments is the rate in effect on July 31, 2013. The maturity date represents the actual maturity date.

(b)	Step Bond. Coupon rate is set for an initial period and then increases to a higher coupon rate at a specific date. The rate shown is the rate at July 31, 2013.

(c)

(d)	Variable Rate and Perpetual Bond Security. The rate reflected in the Statement of Investments is the rate in effect on July 31, 2013. The maturity date reflects the next call date.

(e)	Represents 7-day effective yield as of July 31, 2013.

(f)	At July 31, 2013, the tax basis cost of the Fund’s investments was $81,811,228, tax unrealized appreciation and depreciation were $3,636,022 and $(1,107,067), respectively.


AB		Stock Company
ACB		Agricultural Credit Bank
LLC		Limited Liability Company
LP		Limited Partnership
Ltd.		Limited
NA		National Association
NV		Public Traded Company
PLC		Public Limited Company
REIT		Real Estate Investment Trust
REMICS		Real Estate Mortgage Investment Conduits

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.


	Level 1		Level 2		Level 3		Total
Assets:
Asset-Backed Securities	$	—	$	577,984	$	—	$	577,984
Collateralized Mortgage Obligations		—		5,776,844		—		5,776,844
Commercial Mortgage Backed Securities		—		9,555,599		—		9,555,599
Corporate Bonds		—		47,780,005		—		47,780,005
Municipal Bonds		—		2,151,555		—		2,151,555
Mutual Fund		4,946,062		—		—		4,946,062
U.S. Government Mortgage Backed Agencies		—		3,445,767		—		3,445,767
U.S. Treasury Bonds		—		6,301,146		—		6,301,146
U.S. Treasury Note		—		3,143,109		—		3,143,109
Yankee Dollar		—		662,112		—		662,112

Total	$	4,946,062	$	79,394,121	$	—	$	84,340,183

Amounts designated as “—”, which may include fair valued securities, are zero or have been rounded to zero.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



Asset-Backed Securities 0.2%

	Principal Amount		Market Value
Automobiles 0.1%
Ally Auto Receivables Trust, Series 2012-4, Class A4, 0.80%, 10/16/17	$	1,000,000	$	993,530
Santander Drive Auto Receivables Trust, Series 2012-4, Class C, 2.94%, 12/15/17		700,000		710,733

				1,704,263


Credit Card 0.1%
Chase Issuance Trust, Series 2012-A8, Class A8, 0.54%, 10/16/17		500,000		497,690
Citibank Credit Card Issuance Trust, Series 2006-A3, Class A3, 5.30%, 03/15/18		750,000		834,741

				1,332,431

Total Asset-Backed Securities (cost $3,057,485)				3,036,694


Commercial Mortgage Backed Securities 1.8%

	Principal Amount		Market Value
Banc of America Commercial Mortgage, Inc., Series 2007-1, Class A4, 5.45%, 01/15/49		1,630,000		1,805,006
Bear Stearns Commercial Mortgage Securities, Inc., Series 2005-PWR8, Class AJ, 4.75%, 06/11/41		1,384,000		1,402,333
Commercial Mortgage Pass Through Certificates, Series 2005-LP5, Class A4, 4.98%, 05/10/43(a)		2,000,000		2,115,594
Commercial Mortgage Trust, Series 2007-GG9, Class AM, 5.48%, 03/10/39		2,000,000		2,132,761
CW Capital Cobalt Ltd., Series 2007-C3, Class A4, 5.77%, 05/15/46(a)		1,490,000		1,672,860
JPMorgan Chase Commercial Mortgage Securities Corp. Series 2005-LDP4, Class AM, 5.00%, 10/15/42(a)		1,546,000		1,647,860
Series 2006-LDP7, Class A4, 5.86%, 04/15/45(a)		1,000,000		1,106,827
Series 2006-LDP9, Class A3, 5.34%, 05/15/47		2,000,000		2,212,657
Series 2007-CB18, Class AM, 5.47%, 06/12/47(a)		300,000		328,343
Series 2011-C5, Class A3, 4.17%, 08/15/46		600,000		631,742
Merrill Lynch/Countrywide Commercial Mortgage Trust, Series 2007-8, Class A3, 5.90%, 08/12/49(a)		857,000		972,185
Wachovia Bank Commercial Mortgage Trust Series 2006-C25, Class A5, 5.73%, 05/15/43(a)		1,900,000		2,100,630
Series 2007-C31, Class A4, 5.51%, 04/15/47		2,000,000		2,206,532
Series 2007-C33, Class A4, 5.92%, 02/15/51(a)		1,395,000		1,559,944

Total Commercial Mortgage Backed Securities (cost $19,329,218)				21,895,274


Corporate Bonds 23.1%

	Principal Amount		Market Value
Aerospace & Defense 0.3%
Boeing Co. (The), 4.88%, 02/15/20		200,000		227,112
Embraer SA, 5.15%, 06/15/22		250,000		251,645
General Dynamics Corp. 3.88%, 07/15/21(b)		150,000		157,661
2.25%, 11/15/22		350,000		317,847
L-3 Communications Corp. 3.95%, 11/15/16		300,000		319,366
4.95%, 02/15/21		250,000		265,082
Lockheed Martin Corp., 4.07%, 12/15/42		391,000		345,965
Northrop Grumman Corp. 3.50%, 03/15/21		250,000		252,943
4.75%, 06/01/43		250,000		242,014
Raytheon Co.
6.40%, 12/15/18		144,000		174,221
3.13%, 10/15/20		250,000		253,406
Rockwell Collins, Inc., 5.25%, 07/15/19		70,000		79,927
United Technologies Corp. 4.88%, 05/01/15		460,000		494,119
6.13%, 07/15/38		150,000		186,945
4.50%, 06/01/42		500,000		501,923

				4,070,176


Airlines 0.1%
American Airlines Pass Through Trust, Series 2013-2, Class A, 4.95%, 07/15/24(c)		500,000		504,375
Delta Air Lines Pass Through Trust, Series 2012-1A, Class A, 4.75%, 05/07/20		241,073		257,948
Southwest Airlines Co., 5.13%, 03/01/17		103,000		111,724

				874,047


Auto Components 0.0%†
Johnson Controls, Inc. 4.25%, 03/01/21		100,000		104,318
3.75%, 12/01/21		400,000		404,172

				508,490


Automobiles 0.0%†
Ford Motor Co., 7.45%, 07/16/31		350,000		430,604

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



Corporate Bonds (continued)

	Principal Amount		Market Value
Beverages 0.6%
Anheuser-Busch Cos. LLC 5.00%, 03/01/19	$	164,000	$	185,428
5.75%, 04/01/36		151,000		172,129
6.00%, 11/01/41		103,000		123,155
Anheuser-Busch InBev Worldwide, Inc. 0.80%, 07/15/15		500,000		501,435
1.38%, 07/15/17		750,000		745,994
7.75%, 01/15/19		500,000		635,023
5.38%, 01/15/20		350,000		404,288
5.00%, 04/15/20		200,000		225,728
Beam, Inc., 5.38%, 01/15/16		105,000		114,919
Coca-Cola Co. (The) 1.80%, 09/01/16		578,000		593,402
3.15%, 11/15/20		450,000		462,588
Diageo Capital PLC 1.13%, 04/29/18		350,000		338,162
4.83%, 07/15/20		400,000		449,704
Diageo Finance BV, 5.30%, 10/28/15		451,000		496,289
Dr Pepper Snapple Group, Inc., 3.20%, 11/15/21		250,000		247,420
Molson Coors Brewing Co., 3.50%, 05/01/22(b)		250,000		246,409
Pepsi Bottling Group, Inc. (The), Series B, 7.00%, 03/01/29		144,000		185,199
PepsiAmericas, Inc., 4.88%, 01/15/15		208,000		220,827
PepsiCo, Inc. 7.90%, 11/01/18		500,000		641,846
3.13%, 11/01/20		200,000		203,133
3.60%, 08/13/42		300,000		252,807

				7,445,885


Biotechnology 0.2%
Amgen, Inc. 2.30%, 06/15/16		200,000		206,521
3.45%, 10/01/20		200,000		202,360
6.40%, 02/01/39		300,000		346,508
5.15%, 11/15/41		350,000		347,099
Bio-Rad Laboratories, Inc., 4.88%, 12/15/20		100,000		102,500
Celgene Corp. 3.95%, 10/15/20		250,000		258,647
3.25%, 08/15/22		200,000		191,758
Genentech, Inc., 5.25%, 07/15/35		62,000		67,208
Gilead Sciences, Inc. 3.05%, 12/01/16		100,000		106,080
4.50%, 04/01/21		100,000		107,963
4.40%, 12/01/21(b)		400,000		429,567

				2,366,211


Building Products 0.0%†
Owens Corning, 9.00%, 06/15/19		17,000		20,867


Capital Markets 1.2%
Ameriprise Financial, Inc., 5.30%, 03/15/20		100,000		114,061
Bear Stearns Cos. LLC (The)
5.70%, 11/15/14		256,000		271,806
5.30%, 10/30/15		123,000		134,202
4.65%, 07/02/18		246,000		266,554
Charles Schwab Corp. (The), 2.20%, 07/25/18		150,000		150,035
Credit Suisse USA, Inc. 5.85%, 08/16/16		300,000		338,126
7.13%, 07/15/32		195,000		255,754
Deutsche Bank AG, 3.25%, 01/11/16(b)		500,000		524,579
Franklin Resources, Inc., 2.80%, 09/15/22		250,000		235,633
Goldman Sachs Group, Inc. (The) 5.13%, 01/15/15		461,000		486,344
5.35%, 01/15/16		453,000		493,088
3.63%, 02/07/16		430,000		450,746
5.63%, 01/15/17(b)		850,000		925,830
6.00%, 06/15/20		500,000		569,639
5.25%, 07/27/21		300,000		323,413
5.75%, 01/24/22		250,000		277,688
3.63%, 01/22/23		500,000		477,608
6.13%, 02/15/33		200,000		220,028
6.75%, 10/01/37		700,000		733,762
Jefferies Group LLC 6.88%, 04/15/21		250,000		278,543
5.13%, 01/20/23(b)		250,000		251,516
Morgan Stanley 6.00%, 04/28/15		300,000		322,587
3.45%, 11/02/15		200,000		207,208
1.75%, 02/25/16		500,000		498,862
3.80%, 04/29/16		200,000		209,954
5.45%, 01/09/17		845,000		924,202
4.75%, 03/22/17		500,000		537,810
2.13%, 04/25/18		250,000		241,987
7.30%, 05/13/19		400,000		474,312
5.63%, 09/23/19		800,000		885,858
5.50%, 07/28/21		150,000		164,241
3.75%, 02/25/23		250,000		239,630
4.10%, 05/22/23		350,000		326,243
7.25%, 04/01/32		226,000		277,309
Nomura Holdings, Inc., 4.13%, 01/19/16		350,000		366,582
UBS AG 5.88%, 07/15/16		679,000		750,343
5.88%, 12/20/17		250,000		288,850

				14,494,933


Chemicals 0.4%
Air Products & Chemicals, Inc., 1.20%, 10/15/17		500,000		489,819
Albemarle Corp., 5.10%, 02/01/15		82,000		86,992
CF Industries, Inc., 3.45%, 06/01/23		350,000		330,565
Dow Chemical Co. (The) 4.13%, 11/15/21		150,000		155,552
9.40%, 05/15/39		200,000		297,632
4.38%, 11/15/42		350,000		312,304
E.I. du Pont de Nemours & Co. 5.25%, 12/15/16		265,000		300,452

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



Corporate Bonds (continued)

	Principal Amount		Market Value
Chemicals (continued)
4.90%, 01/15/41	$	200,000	$	207,519
Eastman Chemical Co., 3.60%, 08/15/22		400,000		391,735
Ecolab, Inc., 4.35%, 12/08/21		100,000		105,630
Lubrizol Corp. 5.50%, 10/01/14		196,000		207,438
6.50%, 10/01/34		103,000		128,543
LYB International Finance BV, 4.00%, 07/15/23		500,000		496,212
LyondellBasell Industries NV, 6.00%, 11/15/21		400,000		453,500
Praxair, Inc. 4.05%, 03/15/21		150,000		159,243
3.00%, 09/01/21		300,000		296,109

				4,419,245


Commercial Banks 3.1%
Abbey National Treasury Services PLC, 4.00%, 04/27/16		125,000		132,994
American Express Centurion Bank, 0.88%, 11/13/15		700,000		698,956
Banco do Brasil SA, 3.88%, 10/10/22		300,000		265,944
Bank of America Corp., 4.10%, 07/24/23(b)		500,000		498,644
Bank of America NA 6.00%, 06/15/16		205,000		226,592
5.30%, 03/15/17		500,000		545,781
Bank of New York Mellon Corp. (The) 1.20%, 02/20/15		750,000		755,610
2.30%, 07/28/16		450,000		465,235
Bank of Nova Scotia, 2.90%, 03/29/16		900,000		940,469
Bank One Corp., 8.00%, 04/29/27		202,000		261,587
Barclays Bank PLC 2.75%, 02/23/15		500,000		513,412
5.14%, 10/14/20		250,000		258,583
BB&T Corp., 2.15%, 03/22/17		650,000		657,384
BNP Paribas SA 3.60%, 02/23/16(b)		250,000		263,767
2.38%, 09/14/17		500,000		503,906
Canadian Imperial Bank of Commerce, 1.35%, 07/18/16		500,000		502,198
Capital One Financial Corp. 2.15%, 03/23/15		500,000		508,055
5.25%, 02/21/17		211,000		232,864
Comerica, Inc., 4.80%, 05/01/15		123,000		129,327
Commonwealth Bank of Australia, 1.90%, 09/18/17		500,000		500,491
Cooperatieve Centrale Raiffeisen-Boerenleenbank BA 3.38%, 01/19/17		250,000		263,779
1.70%, 03/19/18		250,000		245,080
3.88%, 02/08/22		500,000		503,308
5.25%, 05/24/41		125,000		130,123
Credit Suisse, 4.38%, 08/05/20		400,000		428,146
Credit Suisse/New York, 3.50%, 03/23/15		250,000		261,008
Deutsche Bank Financial LLC, 5.38%, 03/02/15		123,000		129,833
Discover Bank, 7.00%, 04/15/20		300,000		353,858
Export-Import Bank of Korea 4.00%, 01/29/21		350,000		353,536
5.00%, 04/11/22		250,000		269,251
Fifth Third Bancorp
3.63%, 01/25/16		400,000		422,037
3.50%, 03/15/22		300,000		298,595
Goldman Sachs Group, Inc. (The), 2.90%, 07/19/18		500,000		500,342
HSBC Bank USA NA, 5.88%, 11/01/34		498,000		531,833
HSBC Holdings PLC 4.00%, 03/30/22		500,000		508,652
6.50%, 09/15/37		300,000		342,155
Intesa Sanpaolo SpA, 3.88%, 01/16/18		500,000		486,442
JPMorgan Chase Bank NA 6.00%, 07/05/17		530,000		601,865
6.00%, 10/01/17		750,000		856,315
KeyCorp, 5.10%, 03/24/21		150,000		165,813
Korea Development Bank (The), 3.25%, 03/09/16		500,000		518,802
Korea Finance Corp., 4.63%, 11/16/21		200,000		210,263
Kreditanstalt fuer Wiederaufbau 4.13%, 10/15/14		492,000		513,505
4.38%, 07/21/15		1,405,000		1,507,641
0.50%, 09/30/15		500,000		499,773
5.13%, 03/14/16		400,000		446,284
2.00%, 06/01/16		500,000		515,942
4.38%, 03/15/18		800,000		903,046
1.00%, 06/11/18(b)		1,000,000		972,334
2.75%, 09/08/20		800,000		820,998
Landwirtschaftliche Rentenbank 2.13%, 07/15/16		250,000		258,923
5.13%, 02/01/17		600,000		684,099
Mellon Funding Corp., 5.00%, 12/01/14		185,000		195,245
National Australia Bank Ltd. 1.60%, 08/07/15		500,000		506,234
1.30%, 07/25/16		500,000		500,415
National City Corp., 4.90%, 01/15/15		246,000		260,084
Oesterreichische Kontrollbank AG 4.50%, 03/09/15		414,000		440,599
4.88%, 02/16/16		250,000		275,841
PNC Bank NA, 2.95%, 01/30/23		350,000		322,970
PNC Funding Corp. 5.25%, 11/15/15		246,000		268,016
5.13%, 02/08/20		400,000		446,078
Royal Bank of Canada 1.45%, 10/30/14		700,000		708,508
2.20%, 07/27/18		500,000		499,180
Royal Bank of Scotland Group PLC, 2.55%, 09/18/15		750,000		765,868
Royal Bank of Scotland PLC (The), 4.38%, 03/16/16(b)		500,000		535,000

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



Corporate Bonds (continued)

	Principal Amount		Market Value
Commercial Banks (continued)
State Street Bank & Trust Co., 5.30%, 01/15/16	$	200,000	$	218,975
State Street Corp., 4.38%, 03/07/21		300,000		323,927
Sumitomo Mitsui Banking Corp., 1.80%, 07/18/17(b)		500,000		494,619
SunTrust Banks, Inc. 3.60%, 04/15/16		150,000		158,688
3.50%, 01/20/17		350,000		367,397
Toronto-Dominion Bank (The) 2.38%, 10/19/16		250,000		259,277
1.40%, 04/30/18		250,000		243,195
US Bancorp 1.65%, 05/15/17		350,000		349,424
4.13%, 05/24/21		100,000		105,678
2.95%, 07/15/22		300,000		284,461
US Bank NA 4.95%, 10/30/14		185,000		194,655
4.80%, 04/15/15		92,000		97,969
Wachovia Bank NA, 6.60%, 01/15/38		425,000		520,607
Wells Fargo & Co. 3.68%, 06/15/16(d)		550,000		586,566
5.13%, 09/15/16		144,000		159,568
1.50%, 01/16/18		750,000		733,021
4.60%, 04/01/21		500,000		542,465
Series M, 3.45%, 02/13/23		250,000		238,753
5.38%, 02/07/35		318,000		341,656
Wells Fargo Capital X, 5.95%, 12/01/86		350,000		346,938
Westpac Banking Corp. 4.20%, 02/27/15		500,000		527,032
2.00%, 08/14/17		500,000		502,606
2.25%, 07/30/18		500,000		498,011

				38,184,906


Commercial Services & Supplies 0.2%
ADT Corp. (The) 2.25%, 07/15/17		200,000		201,318
4.13%, 06/15/23		250,000		233,430
GATX Corp., 2.38%, 07/30/18		250,000		246,493
Republic Services, Inc., 5.25%, 11/15/21		600,000		658,432
Science Applications International Corp., 5.50%, 07/01/33		123,000		118,308
Waste Management, Inc. 6.38%, 03/11/15		800,000		866,186
7.00%, 07/15/28		113,000		142,733

				2,466,900


Communications Equipment 0.1%
Cisco Systems, Inc. 5.50%, 02/22/16		750,000		839,546
4.95%, 02/15/19		335,000		384,488
5.50%, 01/15/40		250,000		282,728
Motorola Solutions, Inc., 7.50%, 05/15/25		144,000		173,685
Telefonaktiebolaget LM Ericsson, 4.13%, 05/15/22		150,000		148,703

				1,829,150


Computers & Peripherals 0.2%
Apple, Inc. 1.00%, 05/03/18		500,000		481,554
3.85%, 05/04/43		500,000		433,998
Dell, Inc. 4.63%, 04/01/21(b)		100,000		94,745
7.10%, 04/15/28		144,000		145,905
EMC Corp., 1.88%, 06/01/18		500,000		496,796
Hewlett-Packard Co. 2.35%, 03/15/15		400,000		406,664
5.50%, 03/01/18		335,000		375,009
4.65%, 12/09/21(b)		500,000		507,114

				2,941,785


Construction & Engineering 0.0%†
ABB Finance USA, Inc., 4.38%, 05/08/42		100,000		95,874


Construction Materials 0.0%†
CRH America, Inc., 6.00%, 09/30/16		465,000		526,142


Consumer Finance 0.6%
American Express Co. 6.15%, 08/28/17		125,000		144,953
1.55%, 05/22/18		250,000		243,811
2.65%, 12/02/22		190,000		177,626
6.80%, 09/01/66(a)		210,000		224,437
American Express Credit Corp., 2.75%, 09/15/15		400,000		415,001
Boeing Capital Corp., 2.90%, 08/15/18		600,000		626,893
Capital One Bank USA NA, 3.38%, 02/15/23		250,000		236,895
Ford Motor Credit Co. LLC 2.50%, 01/15/16(b)		250,000		253,497
1.70%, 05/09/16		500,000		496,899
4.25%, 02/03/17		500,000		527,303
2.38%, 01/16/18(b)		750,000		737,835
5.88%, 08/02/21		500,000		555,522
HSBC Finance Corp., 6.68%, 01/15/21		356,000		402,771
John Deere Capital Corp. 0.70%, 09/04/15		500,000		500,503
1.30%, 03/12/18		400,000		391,289
Toyota Motor Credit Corp. 1.25%, 11/17/14		250,000		252,423
0.88%, 07/17/15		600,000		603,529
4.50%, 06/17/20		250,000		273,216

				7,064,403


Distributors 0.0%†
Arrow Electronics, Inc., 4.50%, 03/01/23		250,000		247,248


Diversified Financial Services 2.1%
Ameritech Capital Funding Corp., 6.45%, 01/15/18		62,000		71,717

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



Corporate Bonds (continued)

	Principal Amount		Market Value
Diversified Financial Services (continued)
Associates Corp. of North America, 6.95%, 11/01/18	$	236,000	$	280,050
AXA Financial, Inc., 7.00%, 04/01/28		92,000		102,372
Bank of America Corp. 4.75%, 08/01/15		431,000		458,509
5.25%, 12/01/15		513,000		551,829
Series 1, 3.75%, 07/12/16		750,000		791,165
5.63%, 10/14/16		440,000		490,056
3.88%, 03/22/17		500,000		528,254
2.00%, 01/11/18		300,000		292,200
Series L, 5.65%, 05/01/18		1,635,000		1,833,822
5.63%, 07/01/20		250,000		279,190
5.00%, 05/13/21		500,000		538,165
5.70%, 01/24/22		250,000		280,593
3.30%, 01/11/23		250,000		234,978
5.88%, 02/07/42		250,000		279,120
Caterpillar Financial Services Corp. 1.13%, 12/15/14		500,000		504,157
5.50%, 03/15/16		205,000		228,105
Citigroup, Inc. 5.50%, 10/15/14		100,000		105,204
5.30%, 01/07/16		571,000		619,692
3.95%, 06/15/16		675,000		714,342
5.85%, 08/02/16		287,000		319,362
4.45%, 01/10/17		750,000		807,390
6.13%, 11/21/17		500,000		572,362
1.75%, 05/01/18		750,000		722,228
5.38%, 08/09/20		500,000		560,700
3.38%, 03/01/23		350,000		334,800
6.63%, 06/15/32		232,000		248,881
5.88%, 02/22/33		82,000		81,425
5.85%, 12/11/34		375,000		399,865
5.88%, 05/29/37		200,000		218,711
General Electric Capital Corp. 4.88%, 03/04/15		431,000		458,519
5.00%, 01/08/16		205,000		224,087
1.50%, 07/12/16		500,000		502,463
5.40%, 02/15/17		415,000		463,505
2.30%, 04/27/17		500,000		508,154
5.63%, 09/15/17		550,000		626,083
1.60%, 11/20/17(b)		500,000		492,115
5.63%, 05/01/18		500,000		574,584
5.30%, 02/11/21		250,000		273,407
3.15%, 09/07/22		500,000		472,872
3.10%, 01/09/23		500,000		469,696
Series A, 6.75%, 03/15/32		367,000		441,896
6.15%, 08/07/37		750,000		854,265
6.38%, 11/15/67(a)		350,000		372,750
Goldman Sachs Capital I, 6.35%, 02/15/34		200,000		198,000
JPMorgan Chase & Co. 3.70%, 01/20/15		605,000		631,095
4.75%, 03/01/15		176,000		186,152
5.15%, 10/01/15		349,000		376,832
1.10%, 10/15/15		500,000		499,875
3.15%, 07/05/16		400,000		418,279
4.63%, 05/10/21		500,000		536,406
3.20%, 01/25/23		750,000		711,417
3.38%, 05/01/23		500,000		464,880
5.60%, 07/15/41		600,000		667,879
Moody’s Corp., 4.50%, 09/01/22		100,000		101,237
Murray Street Investment Trust I, 4.65%, 03/09/17(d)		500,000		534,819
National Rural Utilities Cooperative Finance Corp. 5.45%, 04/10/17		400,000		454,900
Series C, 8.00%, 03/01/32		111,000		153,215
Western Union Co. (The), 6.20%, 11/17/36		200,000		197,172

				26,315,798


Diversified Telecommunication Services 1.0%
AT&T, Inc. 5.10%, 09/15/14		597,000		627,105
0.90%, 02/12/16		500,000		498,409
5.63%, 06/15/16		205,000		230,014
2.40%, 08/15/16		250,000		258,302
6.55%, 02/15/39		310,000		359,893
5.35%, 09/01/40		275,000		279,228
5.55%, 08/15/41		250,000		259,710
4.30%, 12/15/42		417,000		365,171
4.35%, 06/15/45		1,171,000		1,014,737
BellSouth Corp., 5.20%, 09/15/14		349,000		365,347
British Telecommunications PLC 1.63%, 06/28/16		500,000		504,584
9.63%, 12/15/30		191,000		291,636
Corning, Inc., 4.75%, 03/15/42		150,000		147,782
Deutsche Telekom International Finance BV 5.75%, 03/23/16		273,000		303,637
8.75%, 06/15/30		256,000		359,512
Embarq Corp., 8.00%, 06/01/36		350,000		367,446
France Telecom SA 2.75%, 09/14/16		500,000		518,227
8.50%, 03/01/31		283,000		391,029
GTE Corp. 6.84%, 04/15/18		144,000		171,972
6.94%, 04/15/28		103,000		123,692
Telecom Italia Capital SA 4.95%, 09/30/14		205,000		211,018
5.25%, 10/01/15		730,000		767,112
6.00%, 09/30/34		260,000		227,468

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



Corporate Bonds (continued)

	Principal Amount		Market Value
Diversified Telecommunication Services (continued)
Telefonica Emisiones SAU 6.42%, 06/20/16	$	730,000	$	803,265
5.46%, 02/16/21		500,000		520,919
4.57%, 04/27/23		200,000		193,675
Telefonos de Mexico SAB de CV, 5.50%, 01/27/15		164,000		174,198
Verizon Communications, Inc. 4.90%, 09/15/15		410,000		444,565
6.35%, 04/01/19		650,000		772,699
5.85%, 09/15/35		82,000		88,919
6.40%, 02/15/38(b)		250,000		287,773
3.85%, 11/01/42		250,000		204,309
Verizon Global Funding Corp., 7.75%, 12/01/30		510,000		661,904

				12,795,257


Electric Utilities 1.5%
AEP Texas Central Transition Funding LLC, Series A-4, 5.17%, 01/01/18		1,000,000		1,121,812
Alabama Power Co., 5.70%, 02/15/33		276,000		317,332
Ameren Illinois Co., 2.70%, 09/01/22		350,000		333,294
Appalachian Power Co., Series L, 5.80%, 10/01/35		144,000		156,157
Arizona Public Service Co., 5.50%, 09/01/35		150,000		161,929
Baltimore Gas & Electric Co., 5.90%, 10/01/16		115,000		131,027
Cleveland Electric Illuminating Co. (The), 5.50%, 08/15/24		200,000		221,765
CMS Energy Corp., 4.70%, 03/31/43		200,000		186,789
Consolidated Edison Co. of New York, Inc. Series 05-C, 5.38%, 12/15/15		123,000		136,131
Series 08-A, 5.85%, 04/01/18		1,200,000		1,407,579
Series 03-A, 5.88%, 04/01/33		82,000		91,063
Dominion Resources, Inc. 5.20%, 08/15/19		100,000		114,269
Series E, 6.30%, 03/15/33		308,000		364,703
Series B, 5.95%, 06/15/35		174,000		204,143
DTE Energy Co., 6.35%, 06/01/16		287,000		327,446
Duke Energy Carolinas LLC 4.30%, 06/15/20		500,000		547,054
4.25%, 12/15/41		200,000		191,846
Duke Energy Corp. 5.05%, 09/15/19		600,000		677,307
3.05%, 08/15/22		200,000		192,883
Duke Energy Indiana, Inc., 3.75%, 07/15/20		100,000		105,032
Duke Energy Ohio, Inc., Series A, 5.40%, 06/15/33		51,000		50,048
Edison International, 3.75%, 09/15/17		500,000		529,185
Entergy Corp., 5.13%, 09/15/20		300,000		314,763
Exelon Corp. 4.90%, 06/15/15		287,000		307,246
5.63%, 06/15/35		414,000		432,047
Exelon Generation Co. LLC, 5.75%, 10/01/41		150,000		154,763
Florida Power & Light Co. 5.85%, 02/01/33		70,000		83,541
5.95%, 10/01/33		53,000		64,579
5.40%, 09/01/35		90,000		101,995
5.65%, 02/01/37		200,000		233,918
4.13%, 02/01/42		250,000		237,891
Florida Power Corp., 5.90%, 03/01/33		247,000		288,633
Georgia Power Co., 4.30%, 03/15/42		350,000		325,184
Great Plains Energy, Inc., 4.85%, 06/01/21		100,000		107,510
LG&E and KU Energy LLC, 3.75%, 11/15/20		500,000		511,073
MidAmerican Energy Co., 5.80%, 10/15/36		200,000		229,769
National Fuel Gas Co., 3.75%, 03/01/23		250,000		244,415
Nevada Power Co., 5.45%, 05/15/41		100,000		112,808
Nisource Finance Corp., 5.95%, 06/15/41		150,000		160,319
Northeast Utilities, 1.45%, 05/01/18		500,000		486,626
Oglethorpe Power Corp., 5.25%, 09/01/50		150,000		150,341
Ohio Power Co. Series K, 6.00%, 06/01/16		349,000		392,836
Series G, 6.60%, 02/15/33		164,000		193,384
Oncor Electric Delivery Co. LLC 4.55%, 12/01/41		150,000		145,670
5.30%, 06/01/42		150,000		161,245
Pacific Gas & Electric Co. 5.80%, 03/01/37		150,000		172,752
6.25%, 03/01/39		300,000		362,371
PacifiCorp 5.25%, 06/15/35		123,000		135,277
4.10%, 02/01/42		500,000		469,149
PPL Capital Funding, Inc., 1.90%, 06/01/18		500,000		493,280
Progress Energy, Inc., 7.75%, 03/01/31		164,000		212,775
PSEG Power LLC 5.50%, 12/01/15		287,000		314,957

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



Corporate Bonds (continued)

	Principal Amount		Market Value
Electric Utilities (continued)
5.13%, 04/15/20	$	250,000	$	277,141
Public Service Co. of Colorado, 3.60%, 09/15/42		400,000		354,608
Public Service Electric & Gas Co., 3.95%, 05/01/42		200,000		187,695
Puget Sound Energy, Inc., 5.48%, 06/01/35		103,000		116,574
San Diego Gas & Electric Co., 3.95%, 11/15/41		400,000		374,971
Scottish Power Ltd., 5.81%, 03/15/25		82,000		85,418
South Carolina Electric & Gas Co., 6.05%, 01/15/38		200,000		237,818
Southern California Edison Co. 6.00%, 01/15/34		123,000		149,432
Series 05-B, 5.55%, 01/15/36		164,000		188,528
Southern Co. (The), 1.95%, 09/01/16		250,000		254,488
Tampa Electric Co., 5.40%, 05/15/21		250,000		289,769
Virginia Electric and Power Co. Series A, 5.40%, 01/15/16		103,000		114,177
5.95%, 09/15/17		250,000		291,525
Wisconsin Electric Power Co. 2.95%, 09/15/21		250,000		250,295
5.63%, 05/15/33		41,000		47,138
Xcel Energy, Inc. 5.61%, 04/01/17		173,000		194,370
6.50%, 07/01/36		123,000		150,764

				18,734,622


Electrical Equipment 0.2%
Energizer Holdings, Inc., 4.70%, 05/19/21		75,000		77,298
Honeywell International, Inc. 5.40%, 03/15/16		440,000		490,032
5.30%, 03/01/18		605,000		696,242
PerkinElmer, Inc., 5.00%, 11/15/21		100,000		103,814
Precision Castparts Corp., 1.25%, 01/15/18		175,000		170,576
Thermo Fisher Scientific, Inc. 3.20%, 03/01/16		250,000		260,823
3.60%, 08/15/21		250,000		246,340

				2,045,125


Electronic Equipment, Instruments & Components 0.1%
Agilent Technologies, Inc., 6.50%, 11/01/17		225,000		261,221
Avnet Inc, 5.88%, 06/15/20		250,000		266,389
Koninklijke Philips Electronics NV, 5.00%, 03/15/42		200,000		203,801

				731,411


Energy Equipment & Services 0.1%
Baker Hughes, Inc., 3.20%, 08/15/21		500,000		505,540
Halliburton Co., 6.70%, 09/15/38		325,000		410,857
National Oilwell Varco, Inc., 3.95%, 12/01/42(b)		200,000		181,095
Weatherford International Ltd. 5.13%, 09/15/20(b)		150,000		158,227
5.95%, 04/15/42		250,000		244,400

				1,500,119


Food & Staples Retailing 0.2%
CVS Caremark Corp., 6.25%, 06/01/27		460,000		555,214
Kroger Co. (The), 7.50%, 04/01/31		178,000		221,685
Safeway, Inc. 5.63%, 08/15/14		123,000		128,826
5.00%, 08/15/19		155,000		165,840
3.95%, 08/15/20		100,000		99,736
Sysco Corp., 5.38%, 09/21/35(b)		74,000		80,975
Walgreen Co. 1.80%, 09/15/17		500,000		498,914
3.10%, 09/15/22		150,000		142,940

				1,894,130


Food Products 0.3%
Archer-Daniels-Midland Co. 5.38%, 09/15/35		103,000		110,487
4.02%, 04/16/43		140,000		123,203
Bunge Ltd. Finance Corp. 5.10%, 07/15/15		62,000		66,470
4.10%, 03/15/16		350,000		370,546
Campbell Soup Co., 4.25%, 04/15/21		100,000		105,408
ConAgra Foods, Inc. 1.35%, 09/10/15		500,000		504,338
7.00%, 10/01/28		154,000		189,546
4.65%, 01/25/43		250,000		239,336
General Mills, Inc., 3.15%, 12/15/21		200,000		197,915
JM Smucker Co. (The), 3.50%, 10/15/21		250,000		250,110
Kellogg Co. 4.00%, 12/15/20		250,000		264,813
Series B, 7.45%, 04/01/31		103,000		133,274
Kraft Foods Group, Inc. 6.88%, 01/26/39		138,000		172,579
5.00%, 06/04/42		250,000		251,671
Mondelez International, Inc. 4.13%, 02/09/16		250,000		267,917
6.50%, 02/09/40		500,000		601,486
Tyson Foods, Inc., 4.50%, 06/15/22		250,000		259,063
Unilever Capital Corp., 5.90%, 11/15/32		144,000		178,611

				4,286,773


Gas Utilities 0.8%
AGL Capital Corp., 4.40%, 06/01/43		250,000		235,501
Atmos Energy Corp., 4.95%, 10/15/14		185,000		194,400
Boardwalk Pipelines LP, 5.20%, 06/01/18		62,000		67,368
Buckeye Partners LP, 4.15%, 07/01/23		250,000		244,156

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



Corporate Bonds (continued)

	Principal Amount		Market Value
Gas Utilities (continued)
CenterPoint Energy Resources Corp., 4.50%, 01/15/21	$	212,000	$	229,638
Consolidated Natural Gas Co., Series A, 5.00%, 12/01/14		396,000		416,958
DCP Midstream Operating LP, 3.88%, 03/15/23		200,000		186,712
El Paso Natural Gas Co. LLC, 8.38%, 06/15/32		50,000		66,483
Enbridge Energy Partners LP 5.20%, 03/15/20		250,000		272,366
4.20%, 09/15/21(b)		300,000		306,337
Energy Transfer Partners LP 4.65%, 06/01/21		100,000		103,689
5.20%, 02/01/22		500,000		534,166
6.05%, 06/01/41		100,000		104,762
Enterprise Products Operating LLC Series L, 6.30%, 09/15/17		250,000		292,488
4.05%, 02/15/22		250,000		258,692
6.13%, 10/15/39		215,000		243,735
4.85%, 08/15/42		150,000		145,548
4.85%, 03/15/44		250,000		241,642
Kinder Morgan Energy Partners LP 6.85%, 02/15/20		675,000		801,892
3.50%, 09/01/23		500,000		474,909
5.80%, 03/15/35		144,000		149,121
6.38%, 03/01/41		250,000		278,335
ONEOK Partners LP 3.25%, 02/01/16		500,000		521,030
3.38%, 10/01/22		500,000		467,327
ONEOK, Inc., 4.25%, 02/01/22		250,000		234,629
Plains All American Pipeline LP/PAA Finance Corp., 5.15%, 06/01/42		300,000		306,543
Sempra Energy, 6.00%, 10/15/39		290,000		327,206
Southern Natural Gas Co. LLC, 5.90%, 04/01/17(c)		200,000		227,169
Spectra Energy Capital LLC, 6.75%, 02/15/32		123,000		133,003
Sunoco Logistics Partners Operations LP, 3.45%, 01/15/23		250,000		235,067
Texas Gas Transmission LLC, 4.60%, 06/01/15		123,000		130,327
TransCanada PipeLines Ltd., 3.80%, 10/01/20		250,000		263,721
Williams Cos., Inc. (The), 3.70%, 01/15/23		300,000		275,313
Williams Partners LP 7.25%, 02/01/17		100,000		116,522
5.25%, 03/15/20		250,000		269,744
3.35%, 08/15/22		200,000		185,292
6.30%, 04/15/40		150,000		159,136

				9,700,927


Health Care Providers & Services 0.8%
Aetna, Inc., 6.63%, 06/15/36		250,000		299,730
Baxter International, Inc. 4.63%, 03/15/15		53,000		56,414
5.38%, 06/01/18		435,000		499,030
Becton, Dickinson and Co., 3.13%, 11/08/21		250,000		246,438
Boston Scientific Corp. 6.40%, 06/15/16		150,000		168,803
6.00%, 01/15/20		200,000		228,083
Cardinal Health, Inc., 3.20%, 06/15/22		200,000		190,409
CareFusion Corp., 3.30%, 03/01/23(c)		250,000		234,608
Cigna Corp. 4.50%, 03/15/21		250,000		267,721
5.38%, 02/15/42		150,000		161,228
Covidien International Finance SA, 6.00%, 10/15/17		440,000		510,941
Express Scripts Holding Co. 3.50%, 11/15/16		250,000		265,614
6.13%, 11/15/41(b)		150,000		177,024
Express Scripts, Inc., 3.90%, 02/15/22		250,000		254,115
Humana, Inc., 3.15%, 12/01/22		500,000		468,173
Laboratory Corp. of America Holdings 3.13%, 05/15/16		150,000		156,362
3.75%, 08/23/22		200,000		193,964
McKesson Corp. 2.85%, 03/15/23		300,000		284,116
6.00%, 03/01/41		100,000		118,826
Medtronic, Inc. 4.13%, 03/15/21		500,000		529,508
4.00%, 04/01/43		200,000		182,918
Quest Diagnostics, Inc., 5.45%, 11/01/15		376,000		409,343
St. Jude Medical, Inc. 2.50%, 01/15/16		200,000		205,862
3.25%, 04/15/23		200,000		190,619
Stryker Corp., 1.30%, 04/01/18		350,000		341,680
UnitedHealth Group, Inc. 5.38%, 03/15/16		205,000		228,122
1.63%, 03/15/19		500,000		482,968
5.80%, 03/15/36		417,000		471,898
WellPoint, Inc. 5.00%, 12/15/14		598,000		631,832
5.25%, 01/15/16		226,000		247,648
5.95%, 12/15/34		82,000		91,966
4.63%, 05/15/42		350,000		330,789
5.10%, 01/15/44		150,000		150,334
Zimmer Holdings, Inc., 3.38%, 11/30/21		150,000		147,658

				9,424,744


Hotels, Restaurants & Leisure 0.1%
Darden Restaurants, Inc., 3.35%, 11/01/22		150,000		137,999
Hyatt Hotels Corp., 5.38%, 08/15/21		100,000		107,279
McDonald’s Corp. 5.35%, 03/01/18		240,000		276,605
4.88%, 07/15/40		250,000		266,341
Wyndham Worldwide Corp., 5.63%, 03/01/21		150,000		162,087

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



Corporate Bonds (continued)

	Principal Amount		Market Value
Hotels, Restaurants & Leisure (continued)
Yum! Brands, Inc., 6.88%, 11/15/37	$	200,000	$	240,061

				1,190,372


Household Durables 0.0%†
Emerson Electric Co., 6.00%, 08/15/32		57,000		68,624
Newell Rubbermaid, Inc., 4.70%, 08/15/20		100,000		106,947
Stanley Black & Decker, Inc., 2.90%, 11/01/22		400,000		380,167

				555,738


Household Products 0.0%†
Kimberly-Clark Corp., 2.40%, 03/01/22		500,000		475,886


Industrial Conglomerates 0.3%
3M Co., 5.70%, 03/15/37		235,000		276,281
Danaher Corp. 2.30%, 06/23/16		100,000		103,545
3.90%, 06/23/21		100,000		105,603
Dover Corp. 4.88%, 10/15/15		156,000		170,081
5.38%, 03/01/41		50,000		56,308
Eaton Corp., 2.75%, 11/02/22(c)		500,000		467,076
General Electric Co. 0.85%, 10/09/15		250,000		250,101
5.25%, 12/06/17		400,000		455,423
2.70%, 10/09/22		500,000		476,273
Illinois Tool Works, Inc., 4.88%, 09/15/41		200,000		205,871
Ingersoll-Rand Global Holding Co. Ltd., 2.88%, 01/15/19(c)		50,000		49,624
Pentair Finance SA, 1.88%, 09/15/17		500,000		490,838
Tyco Electronics Group SA 6.55%, 10/01/17		300,000		346,955
3.50%, 02/03/22		150,000		144,714

				3,598,693


Information Technology Services 0.2%
Computer Sciences Corp., 4.45%, 09/15/22		250,000		248,634
Fiserv, Inc., 4.75%, 06/15/21		200,000		209,428
International Business Machines Corp. 1.95%, 07/22/16		100,000		103,129
1.63%, 05/15/20		750,000		704,062
2.90%, 11/01/21		150,000		148,764
5.88%, 11/29/32		532,000		639,136

				2,053,153


Insurance 1.0%
ACE INA Holdings, Inc., 2.70%, 03/13/23		250,000		234,907
Aflac, Inc., 6.90%, 12/17/39		100,000		127,209
Alleghany Corp., 4.95%, 06/27/22		250,000		266,784
Allstate Corp. (The) 4.50%, 06/15/43(b)		250,000		245,318
6.50%, 05/15/67(a)		145,000		156,963
American International Group, Inc. 5.05%, 10/01/15		103,000		111,570
5.60%, 10/18/16		290,000		325,118
8.25%, 08/15/18		500,000		625,237
4.88%, 06/01/22		250,000		271,666
8.17%, 05/15/68(a)		325,000		401,553
Aon Corp., 5.00%, 09/30/20		400,000		437,836
Assurant, Inc., 2.50%, 03/15/18		250,000		245,445
Berkshire Hathaway Finance Corp. 4.85%, 01/15/15		826,000		876,024
1.30%, 05/15/18		500,000		487,142
4.40%, 05/15/42		250,000		235,371
Berkshire Hathaway, Inc., 1.55%, 02/09/18		500,000		494,716
Chubb Corp. (The), 6.37%, 03/29/67(a)		300,000		326,250
CNA Financial Corp., 5.75%, 08/15/21		250,000		284,320
Genworth Financial, Inc., 6.50%, 06/15/34		144,000		153,634
Hartford Financial Services Group, Inc., 6.10%, 10/01/41		291,000		336,829
Lincoln National Corp. 4.85%, 06/24/21		50,000		53,853
6.15%, 04/07/36		160,000		183,925
Loews Corp., 4.13%, 05/15/43		100,000		87,836
Markel Corp., 3.63%, 03/30/23		250,000		239,764
Marsh & McLennan Cos., Inc. 5.75%, 09/15/15		327,000		357,911
4.80%, 07/15/21		300,000		325,252
MetLife, Inc. 5.70%, 06/15/35(b)		86,000		96,581
6.40%, 12/15/66		350,000		363,562
Nationwide Financial Services, Inc., 6.75%, 05/15/67(e)		75,000		77,438
Principal Financial Group, Inc., 3.30%, 09/15/22		500,000		487,918
Progressive Corp. (The) 3.75%, 08/23/21		150,000		153,952
6.25%, 12/01/32		113,000		135,299
Prudential Financial, Inc. Series B, 5.10%, 09/20/14		205,000		214,729
3.00%, 05/12/16		650,000		679,805
5.38%, 06/21/20		250,000		282,608
Series B, 5.75%, 07/15/33		103,000		112,872
6.63%, 06/21/40		200,000		246,522
5.62%, 06/15/43(a)		150,000		144,938
Reinsurance Group of America, Inc., 5.00%, 06/01/21		100,000		106,355
SunAmerica Financial Group, Inc., 7.50%, 07/15/25		103,000		122,424
Travelers Cos., Inc. (The) 5.75%, 12/15/17		90,000		103,924
5.35%, 11/01/40		250,000		277,859
Travelers Property Casualty Corp., 6.38%, 03/15/33		133,000		162,578

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



Corporate Bonds (continued)

	Principal Amount		Market Value
Insurance (continued)
Willis Group Holdings PLC, 5.75%, 03/15/21	$	100,000	$	108,692
Willis North America, Inc., 5.63%, 07/15/15		123,000		133,426
XL Group PLC, 5.25%, 09/15/14		541,000		565,897

				12,469,812


Internet & Catalog Retail 0.1%
eBay, Inc. 1.35%, 07/15/17		500,000		495,903
3.25%, 10/15/20		100,000		101,453
Expedia, Inc., 5.95%, 08/15/20		150,000		157,962
QVC, Inc., 4.38%, 03/15/23(c)		250,000		238,303

				993,621


Internet Software & Services 0.0%†
Google, Inc., 3.63%, 05/19/21		100,000		104,853


Leisure Equipment & Products 0.0%†
Mattel, Inc. 3.15%, 03/15/23		300,000		286,906
5.45%, 11/01/41		150,000		153,579

				440,485


Machinery 0.1%
Caterpillar, Inc. 2.60%, 06/26/22		250,000		235,804
6.05%, 08/15/36		123,000		142,663
3.80%, 08/15/42		97,000		84,601
Deere & Co., 3.90%, 06/09/42		200,000		183,258
Flowserve Corp., 3.50%, 09/15/22		250,000		238,073
IDEX Corp., 4.20%, 12/15/21		200,000		201,631

				1,086,030


Media 1.1%
CBS Corp. 1.95%, 07/01/17		350,000		349,933
5.75%, 04/15/20		250,000		283,245
7.88%, 07/30/30		55,000		69,118
5.50%, 05/15/33		82,000		81,642
Comcast Cable Communications Holdings, Inc., 9.46%, 11/15/22		82,000		116,273
Comcast Corp. 5.90%, 03/15/16		287,000		323,245
6.50%, 01/15/17		507,000		591,320
5.70%, 07/01/19		300,000		352,483
2.85%, 01/15/23		350,000		332,559
4.25%, 01/15/33		250,000		240,203
7.05%, 03/15/33		205,000		259,046
6.50%, 11/15/35		70,000		84,691
6.95%, 08/15/37		205,000		259,333
4.65%, 07/15/42		250,000		240,538
COX Communications, Inc. 5.45%, 12/15/14		78,000		82,931
5.50%, 10/01/15		167,000		182,829
DIRECTV Holdings LLC/DIRECTV Financing Co., Inc. 3.50%, 03/01/16		250,000		262,191
4.60%, 02/15/21		750,000		774,399
3.80%, 03/15/22		500,000		480,988
Discovery Communications LLC 5.05%, 06/01/20		350,000		385,481
3.25%, 04/01/23		500,000		476,239
Grupo Televisa SAB, 6.63%, 01/15/40		250,000		269,887
Historic TW, Inc., 6.88%, 06/15/18		122,000		147,372
NBCUniversal Media LLC 5.15%, 04/30/20		250,000		284,622
5.95%, 04/01/41		100,000		114,542
4.45%, 01/15/43		200,000		186,463
News America, Inc. 8.00%, 10/17/16		82,000		98,423
4.50%, 02/15/21		250,000		268,758
7.28%, 06/30/28		53,000		62,847
6.55%, 03/15/33		450,000		508,813
6.20%, 12/15/34		170,000		188,581
Omnicom Group, Inc. 5.90%, 04/15/16		123,000		137,798
3.63%, 05/01/22		50,000		49,121
Thomson Reuters Corp., 6.50%, 07/15/18		400,000		473,058
Time Warner Cable, Inc. 6.75%, 07/01/18		415,000		463,696
8.25%, 04/01/19		400,000		465,992
6.75%, 06/15/39		500,000		480,162
4.50%, 09/15/42(b)		250,000		192,591
Time Warner, Inc. 7.63%, 04/15/31		523,000		673,088
7.70%, 05/01/32		248,000		323,561
5.38%, 10/15/41		150,000		155,302
Viacom, Inc. 3.25%, 03/15/23		400,000		378,906
4.38%, 03/15/43		320,000		274,481
Walt Disney Co. (The), 3.70%, 12/01/42		250,000		224,903
WPP Finance 2010, 4.75%, 11/21/21		350,000		363,511

				13,015,165


Metals & Mining 0.8%
Alcoa, Inc. 5.40%, 04/15/21		250,000		246,223
5.87%, 02/23/22(b)		335,000		331,155
Barrick Gold Corp. 2.90%, 05/30/16		100,000		99,645

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



Corporate Bonds (continued)

	Principal Amount		Market Value
Metals & Mining (continued)
4.10%, 05/01/23(c)	$	500,000	$	429,883
5.25%, 04/01/42		200,000		159,089
Barrick Gold Finance Co., 4.88%, 11/15/14		310,000		320,678
BHP Billiton Finance USA Ltd. 5.25%, 12/15/15		225,000		248,363
1.63%, 02/24/17		750,000		752,066
3.25%, 11/21/21		250,000		247,243
Cliffs Natural Resources, Inc. 3.95%, 01/15/18(b)		250,000		241,823
4.88%, 04/01/21(b)		150,000		137,390
Freeport-McMoRan Copper & Gold, Inc. 2.15%, 03/01/17		500,000		488,605
3.10%, 03/15/20(c)		500,000		460,432
3.55%, 03/01/22		100,000		90,162
5.45%, 03/15/43(c)		100,000		87,616
Goldcorp, Inc., 2.13%, 03/15/18		250,000		238,196
Kinross Gold Corp., 5.13%, 09/01/21		100,000		92,928
Newmont Mining Corp. 5.13%, 10/01/19		150,000		158,240
5.88%, 04/01/35		164,000		151,522
4.88%, 03/15/42		100,000		78,298
Nucor Corp., 4.00%, 08/01/23		500,000		496,203
Placer Dome, Inc., 6.38%, 03/01/33		96,000		88,353
Rio Tinto Alcan, Inc. 5.00%, 06/01/15		205,000		219,475
5.75%, 06/01/35		144,000		154,138
Rio Tinto Finance USA Ltd. 2.50%, 05/20/16		500,000		515,501
4.13%, 05/20/21		500,000		511,075
Rio Tinto Finance USA PLC 1.38%, 06/17/16		350,000		350,106
1.63%, 08/21/17		350,000		344,455
2.88%, 08/21/22(b)		200,000		183,302
Southern Copper Corp., 6.75%, 04/16/40		250,000		242,089
Teck Resources Ltd. 3.00%, 03/01/19		250,000		245,019
4.75%, 01/15/22		500,000		497,812
Vale Overseas Ltd. 4.38%, 01/11/22		250,000		237,187
6.88%, 11/21/36		306,000		297,588
Vale SA, 5.63%, 09/11/42		250,000		210,545

				9,652,405


Multiline Retail 0.4%
Costco Wholesale Corp., 5.50%, 03/15/17		475,000		543,068
Dollar General Corp., 1.88%, 04/15/18		250,000		242,413
Kohl’s Corp. 4.00%, 11/01/21(b)		100,000		101,659
3.25%, 02/01/23		150,000		139,798
Macy’s Retail Holdings, Inc. 5.90%, 12/01/16		85,000		97,080
6.90%, 04/01/29		50,000		57,704
6.70%, 07/15/34		150,000		172,507
Nordstrom, Inc., 4.00%, 10/15/21		250,000		264,246
Target Corp. 6.00%, 01/15/18		300,000		352,963
6.35%, 11/01/32		217,000		270,363
4.00%, 07/01/42		200,000		184,648
Wal-Mart Stores, Inc. 1.50%, 10/25/15		500,000		510,239
3.63%, 07/08/20		400,000		423,915
7.55%, 02/15/30		82,000		112,869
5.25%, 09/01/35		242,000		267,373
6.20%, 04/15/38		250,000		309,686
5.00%, 10/25/40		250,000		265,993
5.63%, 04/15/41		150,000		174,820
4.00%, 04/11/43		250,000		229,785

				4,721,129


Office Electronics 0.0%†
Pitney Bowes, Inc., 4.75%, 05/15/18		62,000		64,810
Xerox Corp. 6.35%, 05/15/18(b)		200,000		231,099
4.50%, 05/15/21		250,000		259,232

				555,141


Oil, Gas & Consumable Fuels 1.8%
Anadarko Finance Co., Series B, 7.50%, 05/01/31		207,000		261,820
Anadarko Petroleum Corp. 5.95%, 09/15/16		200,000		226,113
6.38%, 09/15/17		100,000		116,773
6.45%, 09/15/36(b)		269,000		315,280
Apache Corp. 7.63%, 07/01/19		41,000		50,803
3.63%, 02/01/21		500,000		516,972
4.75%, 04/15/43		250,000		240,900
Apache Finance Canada Corp., 4.38%, 05/15/15		238,000		253,268
BP Capital Markets America, Inc., 4.20%, 06/15/18		103,000		110,113
BP Capital Markets PLC 3.88%, 03/10/15		700,000		736,025
3.20%, 03/11/16		300,000		316,671
1.38%, 05/10/18		750,000		728,630
4.50%, 10/01/20		100,000		108,630
3.56%, 11/01/21		250,000		251,728
Canadian Natural Resources Ltd., 6.25%, 03/15/38		210,000		239,900
Cenovus Energy, Inc., 5.70%, 10/15/19		520,000		602,462
Chevron Corp. 1.72%, 06/24/18		500,000		498,205
2.36%, 12/05/22		250,000		232,810
CNOOC Finance 2013 Ltd., 3.00%, 05/09/23		500,000		451,107
ConocoPhillips 4.60%, 01/15/15		450,000		476,377
5.90%, 10/15/32		123,000		145,219
6.50%, 02/01/39		550,000		706,314
Devon Energy Corp. 3.25%, 05/15/22		500,000		482,401
7.95%, 04/15/32		250,000		329,536

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



Corporate Bonds (continued)

	Principal Amount		Market Value
Oil, Gas & Consumable Fuels (continued)
Ensco PLC, 4.70%, 03/15/21	$	300,000	$	321,927
EOG Resources, Inc. 5.63%, 06/01/19		130,000		153,463
4.10%, 02/01/21		200,000		212,679
EQT Corp., 4.88%, 11/15/21		250,000		259,320
Hess Corp. 7.30%, 08/15/31		196,000		238,420
5.60%, 02/15/41		200,000		208,167
Husky Energy, Inc., 3.95%, 04/15/22		200,000		204,528
Marathon Oil Corp. 2.80%, 11/01/22		250,000		234,141
6.80%, 03/15/32		82,000		97,130
Marathon Petroleum Corp., 5.13%, 03/01/21		300,000		326,898
Murphy Oil Corp., 5.13%, 12/01/42		250,000		225,167
Nabors Industries, Inc., 5.00%, 09/15/20		300,000		310,074
Noble Energy, Inc. 4.15%, 12/15/21		100,000		103,620
6.00%, 03/01/41		150,000		171,181
Noble Holding International Ltd., 5.25%, 03/15/42		100,000		94,005
Occidental Petroleum Corp., 3.13%, 02/15/22		400,000		390,948
Pemex Project Funding Master Trust, 6.63%, 06/15/35		501,000		542,747
Petrobras Global Finance BV, 4.38%, 05/20/23		750,000		672,197
Petrobras International Finance Co. 3.88%, 01/27/16		500,000		514,892
5.75%, 01/20/20		730,000		756,662
5.38%, 01/27/21		750,000		752,713
Petrohawk Energy Corp., 7.25%, 08/15/18		200,000		218,500
Petroleos Mexicanos 3.50%, 07/18/18(c)		500,000		508,217
5.50%, 01/21/21		325,000		350,673
3.50%, 01/30/23(c)		500,000		459,517
5.50%, 06/27/44(b)		250,000		233,641
Phillips 66, 5.88%, 05/01/42		254,000		275,176
Pioneer Natural Resources Co., 3.95%, 07/15/22		50,000		49,504
Plains Exploration & Production Co. 6.50%, 11/15/20		350,000		376,687
6.63%, 05/01/21		200,000		212,500
Pride International, Inc., 8.50%, 06/15/19		100,000		128,454
Shell International Finance BV 1.13%, 08/21/17		500,000		492,960
6.38%, 12/15/38		400,000		519,556
Southwestern Energy Co., 4.10%, 03/15/22		150,000		149,528
Statoil ASA 3.13%, 08/17/17		250,000		266,398
1.15%, 05/15/18(b)		1,000,000		974,258
Total Capital International SA, 2.88%, 02/17/22		500,000		484,548
Total Capital SA, 2.30%, 03/15/16		250,000		258,722
Transocean, Inc. 2.50%, 10/15/17		500,000		499,498
6.38%, 12/15/21		150,000		169,260
7.50%, 04/15/31		123,000		141,235
Valero Energy Corp. 7.50%, 04/15/32		82,000		98,131
6.63%, 06/15/37		220,000		245,856

				22,301,755


Paper & Forest Products 0.1%
Domtar Corp., 10.75%, 06/01/17		50,000		62,848
Georgia-Pacific LLC, 8.88%, 05/15/31		200,000		277,742
International Paper Co. 5.30%, 04/01/15		144,000		153,841
9.38%, 05/15/19		515,000		681,020

				1,175,451


Personal Products 0.1%
Avon Products, Inc., 4.60%, 03/15/20(b)		250,000		257,262
Colgate-Palmolive Co., 2.45%, 11/15/21		100,000		96,899
Procter & Gamble Co. (The) 1.80%, 11/15/15		250,000		256,597
4.85%, 12/15/15		123,000		134,776
5.80%, 08/15/34		205,000		244,868

				990,402


Pharmaceuticals 0.9%
Abbott Laboratories, 4.13%, 05/27/20		500,000		546,213
AbbVie, Inc. 2.00%, 11/06/18(c)		500,000		491,272
2.90%, 11/06/22(c)		500,000		474,418
4.40%, 11/06/42(c)		75,000		71,144
Allergan, Inc., 1.35%, 03/15/18		300,000		293,073
AstraZeneca PLC 5.90%, 09/15/17		300,000		349,497
1.95%, 09/18/19		250,000		245,782
6.45%, 09/15/37		140,000		172,187
Bristol-Myers Squibb Co., 2.00%, 08/01/22		600,000		542,237
Eli Lilly & Co. 5.20%, 03/15/17		300,000		335,670
7.13%, 06/01/25		82,000		106,912
GlaxoSmithKline Capital PLC 1.50%, 05/08/17		250,000		250,044
2.85%, 05/08/22		250,000		242,177
GlaxoSmithKline Capital, Inc. 5.65%, 05/15/18		440,000		512,273
5.38%, 04/15/34		139,000		154,543
4.20%, 03/18/43		200,000		188,797
Johnson & Johnson 2.95%, 09/01/20		100,000		102,747
4.95%, 05/15/33		287,000		321,243
Merck & Co., Inc. 4.75%, 03/01/15		396,000		422,121

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



Corporate Bonds (continued)

	Principal Amount		Market Value
Pharmaceuticals (continued)
1.10%, 01/31/18	$	500,000	$	486,120
1.30%, 05/18/18		500,000		488,921
6.40%, 03/01/28		51,000		63,814
5.95%, 12/01/28		113,000		136,699
3.60%, 09/15/42		300,000		257,471
4.15%, 05/18/43		250,000		235,482
Novartis Securities Investment Ltd., 5.13%, 02/10/19		330,000		380,512
Pfizer, Inc. 5.35%, 03/15/15		550,000		591,071
4.65%, 03/01/18(b)		185,000		209,562
7.20%, 03/15/39		375,000		514,042
Pharmacia Corp., 6.60%, 12/01/28		123,000		154,447
Sanofi 2.63%, 03/29/16		250,000		261,614
1.25%, 04/10/18		250,000		243,798
Teva Pharmaceutical Finance Co. BV, Series 2, 3.65%, 11/10/21		69,000		69,324
Teva Pharmaceutical Finance Co. LLC, 6.15%, 02/01/36		98,000		115,689
Teva Pharmaceutical Finance IV BV, 3.65%, 11/10/21		181,000		182,108
Watson Pharmaceuticals, Inc., 3.25%, 10/01/22		100,000		95,231
Wyeth LLC 5.50%, 02/15/16		241,000		269,170
6.50%, 02/01/34		144,000		180,812
Zoetis, Inc. 1.88%, 02/01/18(c)		500,000		494,888
3.25%, 02/01/23(b)(c)		50,000		47,852

				11,300,977


Real Estate Investment Trusts (REITs) 0.6%
American Tower REIT, Inc., 5.05%, 09/01/20		400,000		417,042
Boston Properties LP 5.00%, 06/01/15		360,000		386,332
5.63%, 11/15/20		350,000		397,562
Camden Property Trust, 5.00%, 06/15/15		103,000		110,139
Digital Realty Trust LP, 5.25%, 03/15/21		250,000		261,413
Duke Realty LP, 3.88%, 10/15/22		250,000		239,907
ERP Operating LP 5.25%, 09/15/14		278,000		292,129
5.38%, 08/01/16		205,000		229,551
HCP, Inc. 6.00%, 01/30/17		328,000		371,316
3.75%, 02/01/19		500,000		518,977
Health Care REIT, Inc. 4.13%, 04/01/19		400,000		421,214
5.25%, 01/15/22		300,000		326,344
Healthcare Realty Trust, Inc., 3.75%, 04/15/23		250,000		232,708
Host Hotels & Resorts LP, Series D, 3.75%, 10/15/23		350,000		325,500
Kilroy Realty LP, 4.80%, 07/15/18		200,000		214,193
ProLogis LP, 6.63%, 05/15/18		400,000		467,859
Simon Property Group LP 5.10%, 06/15/15		294,000		318,097
6.10%, 05/01/16		287,000		321,233
4.75%, 03/15/42		250,000		243,771
UDR, Inc., 4.25%, 06/01/18		100,000		106,472
Ventas Realty LP/Ventas Capital Corp. 4.75%, 06/01/21		100,000		105,586
4.25%, 03/01/22		350,000		354,176
Weyerhaeuser Co., 7.38%, 03/15/32		250,000		299,706

				6,961,227


Road & Rail 0.3%
Burlington Northern Santa Fe LLC 3.05%, 09/01/22		200,000		192,852
3.00%, 03/15/23		250,000		238,422
7.95%, 08/15/30		144,000		188,653
5.05%, 03/01/41		350,000		359,180
CSX Corp. 7.38%, 02/01/19		305,000		377,729
3.70%, 10/30/20		200,000		208,730
5.50%, 04/15/41		100,000		107,512
FedEx Corp., 3.88%, 08/01/42		50,000		41,333
Norfolk Southern Corp. 2.90%, 02/15/23		92,000		87,200
5.59%, 05/17/25		59,000		66,304
4.84%, 10/01/41		15,000		14,865
6.00%, 05/23/11		250,000		275,789
Ryder System, Inc., 2.50%, 03/01/18		250,000		249,516
Union Pacific Corp. 2.75%, 04/15/23		400,000		377,606
6.25%, 05/01/34		164,000		196,559
United Parcel Service of America, Inc. 8.38%, 04/01/20		82,000		107,577
8.37%, 04/01/30(d)		123,000		168,793
United Parcel Service, Inc., 6.20%, 01/15/38		205,000		254,030

				3,512,650


Semiconductors & Semiconductor Equipment 0.1%
Applied Materials, Inc., 4.30%, 06/15/21		300,000		318,621
Broadcom Corp., 2.70%, 11/01/18		100,000		102,635
Intel Corp. 2.70%, 12/15/22		500,000		470,463
4.80%, 10/01/41		200,000		199,505
Maxim Integrated Products, Inc., 3.38%, 03/15/23		250,000		236,223

				1,327,447


Software 0.2%
Microsoft Corp. 3.00%, 10/01/20		350,000		360,159
4.50%, 10/01/40		200,000		201,060
Oracle Corp. 5.25%, 01/15/16		48,000		53,175
1.20%, 10/15/17		350,000		342,595
2.38%, 01/15/19		500,000		502,290

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



Corporate Bonds (continued)

	Principal Amount		Market Value
Software (continued)
5.00%, 07/08/19	$	100,000	$	114,071
5.38%, 07/15/40		500,000		559,841

				2,133,191


Sovereign 0.1%
Japan Finance Corp. Series DTC, 2.88%, 02/02/15		300,000		310,897
2.50%, 05/18/16		200,000		209,100
2.25%, 07/13/16		200,000		207,695
Series DTC, 1.13%, 07/19/17		350,000		345,976

				1,073,668


Specialty Retail 0.2%
AutoZone, Inc., 4.00%, 11/15/20		200,000		205,806
Gap, Inc. (The), 5.95%, 04/12/21		100,000		112,553
Home Depot, Inc. (The) 5.40%, 03/01/16		410,000		457,047
2.70%, 04/01/23		250,000		237,413
5.88%, 12/16/36		230,000		272,598
5.95%, 04/01/41		100,000		121,791
Lowe’s Cos., Inc.
6.50%, 03/15/29		164,000		193,462
5.80%, 10/15/36		230,000		258,971

				1,859,641


Supranational 0.0%†
Svensk Exportkredit AB, 0.63%, 05/31/16		500,000		496,704


Textiles, Apparel & Luxury Goods 0.0%†
Cintas Corp. No. 2, 4.30%, 06/01/21		100,000		105,196
VF Corp., 3.50%, 09/01/21		200,000		202,198

				307,394


Tobacco 0.2%
Altria Group, Inc. 9.70%, 11/10/18		203,000		271,982
9.25%, 08/06/19		136,000		181,185
2.85%, 08/09/22		250,000		231,598
10.20%, 02/06/39		120,000		184,403
4.25%, 08/09/42		350,000		299,278
Lorillard Tobacco Co., 3.50%, 08/04/16		500,000		524,570
Philip Morris International, Inc. 5.65%, 05/16/18		300,000		350,049
6.38%, 05/16/38		400,000		488,320
Reynolds American, Inc., 4.75%, 11/01/42		300,000		272,869

				2,804,254


Wireless Telecommunication Services 0.3%
America Movil SAB de CV 5.75%, 01/15/15		155,000		165,212
5.00%, 03/30/20		1,000,000		1,082,182
6.38%, 03/01/35		123,000		135,773
Cellco Partnership/Verizon Wireless Capital LLC, 8.50%, 11/15/18		500,000		649,311
Rogers Communications, Inc., 3.00%, 03/15/23		250,000		232,230
Vodafone Group PLC 2.88%, 03/16/16		200,000		207,448
1.63%, 03/20/17		400,000		395,262
2.95%, 02/19/23		500,000		462,713
7.88%, 02/15/30		144,000		185,558
6.15%, 02/27/37		75,000		81,993

				3,597,682

Total Corporate Bonds (cost $276,231,387)				286,170,698


Municipal Bonds 0.9%

	Principal Amount		Market Value

California 0.4%
Bay Area Toll Authority, 6.26%, 04/01/49		250,000		307,420
East Bay Municipal Utility District, 5.87%, 06/01/40		500,000		586,575
Los Angeles Community College District, 6.75%, 08/01/49		200,000		253,624
Los Angeles Department of Water & Power, 6.57%, 07/01/45		210,000		266,429
Los Angeles Unified School District, 6.76%, 07/01/34		250,000		310,928
Metropolitan Water District of Southern California, 6.95%, 07/01/40		500,000		571,050
San Diego County Water Authority, Series 2010B, 6.14%, 05/01/49		125,000		143,264
Santa Clara Valley Transportation Authority, 5.88%, 04/01/32		200,000		225,164
State of California 5.45%, 04/01/15		300,000		322,059
7.50%, 04/01/34		300,000		395,448
7.55%, 04/01/39		775,000		1,045,002

				4,426,963


Colorado 0.0%†
Denver City & County School District No. 1, Series B, 4.24%, 12/15/37		50,000		45,990


Connecticut 0.0%†
State of Connecticut, Series D, 5.09%, 10/01/30		200,000		204,160


Georgia 0.0%†
Municipal Electric Authority of Georgia, Series A, 6.66%, 04/01/57		250,000		266,573

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



Municipal Bonds (continued)

	Principal Amount		Market Value
Illinois 0.1%
State of Illinois 5.88%, 03/01/19	$	100,000	$	109,184
5.10%, 06/01/33		1,185,000		1,099,893

				1,209,077


Massachusetts 0.0%†
Commonwealth of Massachusetts, 5.73%, 06/01/40		150,000		173,433


New Jersey 0.2%
New Jersey Economic Development Authority, Series A, 7.43%, 02/15/29		250,000		304,777
New Jersey State Turnpike Authority, Revenue Bonds, Series F, 7.41%, 01/01/40		715,000		949,799
Rutgers-State University of New Jersey, 5.67%, 05/01/40		250,000		277,708

				1,532,284


New York 0.2%
City of New York, 5.85%, 06/01/40		520,000		565,547
Metropolitan Transportation Authority, Series C, 7.34%, 11/15/39		540,000		718,502
New York City Municipal Water Finance Authority, 5.79%, 06/15/41		500,000		541,420
Port Authority of New York & New Jersey, 6.04%, 12/01/29		460,000		537,823

				2,363,292


Ohio 0.0%†
Northeast Regional Sewer District, 6.04%, 11/15/40		200,000		220,748


Pennsylvania 0.0%†
Commonwealth of Pennsylvania, Series B, 4.65%, 02/15/26		200,000		211,502


Texas 0.0%†
Texas Transportation Commission, Series B, 5.18%, 04/01/30		100,000		112,145

Total Municipal Bonds (cost $9,439,207)				10,766,167


Sovereign Bonds 2.7%

	Principal Amount		Market Value
BRAZIL 0.2%
Brazilian Government International Bond, 4.88%, 01/22/21		750,000		800,291
7.13%, 01/20/37		1,095,000		1,278,790

				2,079,081


CANADA 0.2%
Canada Government International Bond,(b) 2.38%, 09/10/14(b)		240,000		245,649
Province of Nova Scotia Canada, 5.13%, 01/26/17		115,000		130,086
Province of Ontario Canada, 4.50%, 02/03/15		463,000		490,570
4.75%, 01/19/16		205,000		224,643
2.30%, 05/10/16		400,000		415,793
Province of Quebec Canada, 4.60%, 05/26/15		246,000		264,060
7.50%, 09/15/29		402,000		550,066

				2,320,867


COLOMBIA 0.1%
Colombia Government International Bond, 7.38%, 03/18/19		600,000		724,500
4.38%, 07/12/21		250,000		260,625
7.38%, 09/18/37		250,000		318,125

				1,303,250


ISRAEL 0.0%†
Israel Government International Bond,(b) 3.15%, 06/30/23(b)		500,000		473,401


ITALY 0.1%
Italy Government International Bond, 4.50%, 01/21/15(b)		652,000		679,384
4.75%, 01/25/16(b)		287,000		303,158
6.88%, 09/27/23		174,000		198,743
5.38%, 06/15/33(b)		384,000		385,574

				1,566,859


MEXICO 0.2%
Mexico Government International Bond,(b) 5.63%, 01/15/17(b)		250,000		279,389
5.13%, 01/15/20		500,000		553,068
3.63%, 03/15/22(b)		1,000,000		998,136
6.75%, 09/27/34		373,000		444,400
4.75%, 03/08/44		350,000		319,726
5.75%, 10/12/10		200,000		187,747

				2,782,466


PANAMA 0.1%
Panama Government International Bond, 5.20%, 01/30/20		500,000		552,696
6.70%, 01/26/36		250,000		298,188

				850,884


PERU 0.1%
Peru Government International Bond,(b) 7.13%, 03/30/19(b)		1,370,000		1,654,275


PHILIPPINES 0.2%
Philippine Government International Bond, 6.50%, 01/20/20		1,000,000		1,188,750
7.75%, 01/14/31		250,000		325,938
6.38%, 10/23/34		500,000		596,875

				2,111,563


POLAND 0.1%
Poland Government International Bond, 5.00%, 10/19/15		156,000		168,808
6.38%, 07/15/19		250,000		293,875
5.13%, 04/21/21		125,000		136,562
5.00%, 03/23/22		450,000		484,512

				1,083,757

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



Sovereign Bonds (continued)

	Principal Amount		Market Value
SOUTH AFRICA 0.0%†
South Africa Government International Bond, 4.67%, 01/17/24(b)	$	250,000	$	243,850
6.25%, 03/08/41		100,000		105,750

				349,600


SOUTH KOREA 0.0%†
Republic of Korea, 5.63%, 11/03/25		200,000		234,531


SUPRANATIONAL 1.2%
African Development Bank, 2.50%, 03/15/16		250,000		261,501
Asian Development Bank, 2.63%, 02/09/15		2,265,000		2,342,842
Council Of Europe Development Bank, 1.50%, 01/15/15		200,000		203,244
1.00%, 03/07/18		300,000		290,880
European Bank for Reconstruction & Development, 2.50%, 03/15/16		350,000		366,938
1.00%, 09/17/18		500,000		485,529
European Investment Bank, 4.63%, 10/20/15		1,675,000		1,824,881
0.63%, 04/15/16		500,000		498,890
2.50%, 05/16/16		700,000		733,875
5.13%, 09/13/16		250,000		282,700
1.25%, 10/14/16(b)		250,000		252,681
5.13%, 05/30/17		500,000		572,412
1.13%, 09/15/17		1,000,000		991,376
1.00%, 06/15/18		1,000,000		965,835
4.00%, 02/16/21		350,000		379,988
Inter-American Development Bank, 5.13%, 09/13/16		65,000		73,545
1.75%, 08/24/18		500,000		504,324
International Bank for Reconstruction & Development, 1.13%, 08/25/14		900,000		908,269
1.13%, 07/18/17		500,000		501,345
7.63%, 01/19/23		677,000		947,850
International Finance Corp., 2.25%, 04/11/16		250,000		260,498
1.13%, 11/23/16		550,000		556,560

				14,205,963


TURKEY 0.2%
Turkey Government International Bond, 6.75%, 04/03/18		500,000		563,150
3.25%, 03/23/23		500,000		434,550
6.00%, 01/14/41		1,250,000		1,205,625

				2,203,325

Total Sovereign Bonds (cost $32,897,277)				33,219,822


U.S. Government Mortgage Backed Agencies 30.3%

	Principal Amount		Market Value
Federal Home Loan Mortgage Corp. Gold Pool
Pool# E72896 7.00%, 10/01/13		76		76
Pool# E00677 6.00%, 06/01/14		3,146		3,200
Pool# E00802 7.50%, 02/01/15		3,594		3,745
Pool# G11001 6.50%, 03/01/15		1,316		1,346
Pool# G11003 7.50%, 04/01/15		166		172
Pool# G11164 7.00%, 05/01/15		556		574
Pool# E81396 7.00%, 10/01/15		139		146
Pool# E81394 7.50%, 10/01/15		1,524		1,591
Pool# E84097 6.50%, 12/01/15		939		984
Pool# E00938 7.00%, 01/01/16		1,984		2,093
Pool# E82132 7.00%, 01/01/16		381		401
Pool# E82815 6.00%, 03/01/16		733		772
Pool# E83231 6.00%, 04/01/16		430		450
Pool# E83233 6.00%, 04/01/16		861		905
Pool# G11972 6.00%, 04/01/16		23,938		25,040
Pool# E00975 6.00%, 05/01/16		5,651		5,937
Pool# E83355 6.00%, 05/01/16		1,342		1,404
Pool# E83636 6.00%, 05/01/16		2,795		2,940
Pool# E83933 6.50%, 05/01/16		149		158
Pool# E00985 6.00%, 06/01/16		3,262		3,431
Pool# E00987 6.50%, 06/01/16		3,354		3,557
Pool# E84236 6.50%, 06/01/16		887		941
Pool# E00996 6.50%, 07/01/16		431		457
Pool# E84912 6.50%, 08/01/16		3,109		3,312
Pool# E85117 6.50%, 08/01/16		1,293		1,373
Pool# E85387 6.00%, 09/01/16		1,845		1,900
Pool# E85800 6.50%, 10/01/16		1,163		1,239

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



U.S. Government Mortgage Backed Agencies (continued)

	Principal Amount		Market Value
Federal Home Loan Mortgage Corp. Gold Pool (continued)
Pool# E86183 6.00%, 11/01/16	$	522	$	551
Pool# E01083 7.00%, 11/01/16		1,211		1,298
Pool# G11207 7.00%, 11/01/16		2,166		2,296
Pool# E86746 5.50%, 12/01/16		7,189		7,550
Pool# E86533 6.00%, 12/01/16		1,391		1,473
Pool# E01095 6.00%, 01/01/17		1,713		1,818
Pool# E87584 6.00%, 01/01/17		1,157		1,227
Pool# E86995 6.50%, 01/01/17		2,967		3,164
Pool# E87291 6.50%, 01/01/17		6,797		7,240
Pool# E87446 6.50%, 01/01/17		1,028		1,099
Pool# E88076 6.00%, 02/01/17		1,894		2,015
Pool# E01127 6.50%, 02/01/17		2,721		2,917
Pool# E88055 6.50%, 02/01/17		11,769		12,632
Pool# E88106 6.50%, 02/01/17		5,113		5,495
Pool# E01137 6.00%, 03/01/17		2,564		2,724
Pool# E88134 6.00%, 03/01/17		399		426
Pool# E88474 6.00%, 03/01/17		2,114		2,241
Pool# E88768 6.00%, 03/01/17		2,618		2,757
Pool# E01138 6.50%, 03/01/17		1,733		1,857
Pool# E01139 6.00%, 04/01/17		12,013		12,778
Pool# E88729 6.00%, 04/01/17		2,250		2,404
Pool# E89149 6.00%, 04/01/17		2,178		2,314
Pool# E89151 6.00%, 04/01/17		2,189		2,334
Pool# E89217 6.00%, 04/01/17		2,541		2,703
Pool# E89222 6.00%, 04/01/17		10,304		10,881
Pool# E89347
6.00%, 04/01/17		868		925
Pool# E89496 6.00%, 04/01/17		1,413		1,507
Pool# E89203 6.50%, 04/01/17		1,667		1,791
Pool# E01140 6.00%, 05/01/17		10,348		11,020
Pool# E89530 6.00%, 05/01/17		6,254		6,645
Pool# E89746 6.00%, 05/01/17		17,708		18,837
Pool# E89788 6.00%, 05/01/17		1,988		2,122
Pool# E89909 6.00%, 05/01/17		1,974		2,109
Pool# G11409 6.00%, 05/01/17		15,111		16,036
Pool# E01156 6.50%, 05/01/17		4,619		4,964
Pool# E89924 6.50%, 05/01/17		9,168		9,917
Pool# B15071 6.00%, 06/01/17		32,029		34,070
Pool# E01157 6.00%, 06/01/17		7,928		8,453
Pool# E90194 6.00%, 06/01/17		1,720		1,832
Pool# E90227 6.00%, 06/01/17		1,477		1,577
Pool# E90313 6.00%, 06/01/17		821		875
Pool# E90591 5.50%, 07/01/17		6,396		6,743
Pool# E90594 6.00%, 07/01/17		7,171		7,654
Pool# E90645 6.00%, 07/01/17		7,825		8,362
Pool# E90667 6.00%, 07/01/17		2,032		2,166
Pool# E01186 5.50%, 08/01/17		22,848		24,131
Pool# E01205 6.50%, 08/01/17		3,197		3,444
Pool# G11295 5.50%, 09/01/17		13,882		14,636
Pool# G11458 6.00%, 09/01/17		1,861		1,962
Pool# G11434 6.50%, 01/01/18		4,746		5,094
Pool# E01311 5.50%, 02/01/18		273,789		290,190
Pool# G11399 5.50%, 04/01/18		17,277		18,214
Pool# B10210 5.50%, 10/01/18		55,441		58,930
Pool# B10653 5.50%, 11/01/18		39,057		41,601
Pool# B11548 5.50%, 12/01/18		31,616		33,715
Pool# G11531 5.50%, 02/01/19		13,533		14,421
Pool# B12908 5.50%, 03/01/19		6,387		6,832
Pool# E01604 5.50%, 03/01/19		27,651		29,483
Pool# B13430 5.50%, 04/01/19		24,946		26,520
Pool# B13600 5.50%, 04/01/19		23,221		24,744
Pool# B15396 5.50%, 06/01/19		21,756		23,273
Pool# G18007 6.00%, 07/01/19		13,590		14,830

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



U.S. Government Mortgage Backed Agencies (continued)

	Principal Amount		Market Value
Federal Home Loan Mortgage Corp. Gold Pool (continued)
Pool# G18006 5.50%, 08/01/19	$	20,365	$	21,784
Pool# B16087 6.00%, 08/01/19		38,585		42,265
Pool# G18022 5.50%, 11/01/19		49,140		52,624
Pool# B14288 5.50%, 12/01/19		11,787		12,636
Pool# B18437 5.50%, 05/01/20		17,077		18,347
Pool# G18062 6.00%, 06/01/20		23,671		26,059
Pool# J02325 5.50%, 07/01/20		27,497		29,582
Pool# J00935 5.00%, 12/01/20		13,692		14,659
Pool# J00854 5.00%, 01/01/21		130,539		139,353
Pool# J00871 5.00%, 01/01/21		49,652		52,957
Pool# G18096 5.50%, 01/01/21		13,353		14,366
Pool# J00855 5.50%, 01/01/21		32,560		35,037
Pool# J01279 5.50%, 02/01/21		11,346		12,207
Pool# J01570 5.50%, 04/01/21		12,527		13,476
Pool# J01633 5.50%, 04/01/21		56,445		60,728
Pool# J01757 5.00%, 05/01/21		52,608		56,112
Pool# J01771 5.00%, 05/01/21		14,936		15,984
Pool# J01879 5.00%, 05/01/21		10,015		10,695
Pool# J06015 5.00%, 05/01/21		48,252		51,609
Pool# J05950 5.50%, 05/01/21		143,283		154,304
Pool# G18122 5.00%, 06/01/21		27,399		29,223
Pool# G18123 5.50%, 06/01/21		33,453		35,986
Pool# J01980 6.00%, 06/01/21		16,749		17,532
Pool# J03074 5.00%, 07/01/21		21,162		22,642
Pool# J03028 5.50%, 07/01/21		13,923		14,978
Pool# G12245
6.00%, 07/01/21		19,337		21,352
Pool# G12310 5.50%, 08/01/21		10,418		11,207
Pool# G12348 6.00%, 08/01/21		28,104		31,084
Pool# G12412 5.50%, 11/01/21		13,900		14,964
Pool# J09912 4.00%, 06/01/24		2,834,882		2,988,143
Pool# C00351 8.00%, 07/01/24		696		812
Pool# D60780 8.00%, 06/01/25		2,114		2,486
Pool# G30267 5.00%, 08/01/25		534,653		572,810
Pool# J13883 3.50%, 12/01/25		1,335,931		1,402,206
Pool# E02896 3.50%, 05/01/26		1,066,682		1,117,266
Pool# J18127 3.00%, 03/01/27		517,401		531,751
Pool# J18702 3.00%, 03/01/27		585,293		601,526
Pool# J19106 3.00%, 05/01/27		208,863		214,656
Pool# J20471 3.00%, 09/01/27		961,232		987,892
Pool# D82854 7.00%, 10/01/27		1,878		2,185
Pool# G14609 3.00%, 11/01/27		1,229,544		1,263,645
Pool# C00566 7.50%, 12/01/27		2,492		2,891
Pool# C00678 7.00%, 11/01/28		3,038		3,540
Pool# C18271 7.00%, 11/01/28		2,422		2,833
Pool# C00836 7.00%, 07/01/29		1,488		1,740
Pool# C31282 7.00%, 09/01/29		248		289
Pool# C31285 7.00%, 09/01/29		3,195		3,737
Pool# A18212 7.00%, 11/01/29		36,561		42,737
Pool# C32914 8.00%, 11/01/29		2,575		3,035
Pool# C37436 8.00%, 01/01/30		2,982		3,507
Pool# C36306 7.00%, 02/01/30		593		696
Pool# C36429 7.00%, 02/01/30		586		688
Pool# C00921 7.50%, 02/01/30		2,507		2,923
Pool# G01108 7.00%, 04/01/30		1,160		1,358

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



U.S. Government Mortgage Backed Agencies (continued)

	Principal Amount		Market Value
Federal Home Loan Mortgage Corp. Gold Pool (continued)
Pool# C37703 7.50%, 04/01/30	$	1,645	$	1,920
Pool# C41561 8.00%, 08/01/30		1,740		1,956
Pool# C01051 8.00%, 09/01/30		4,909		5,783
Pool# C43550 7.00%, 10/01/30		3,693		4,312
Pool# C44017 7.50%, 10/01/30		644		692
Pool# C43967 8.00%, 10/01/30		30,760		36,151
Pool# C44957 8.00%, 11/01/30		3,637		4,286
Pool# C01106 7.00%, 12/01/30		19,371		22,579
Pool# C01103 7.50%, 12/01/30		1,880		2,195
Pool# C01116 7.50%, 01/01/31		1,969		2,302
Pool# C46932 7.50%, 01/01/31		1,345		1,570
Pool# C47287 7.50%, 02/01/31		3,253		3,797
Pool# C48851 7.00%, 03/01/31		1,953		2,281
Pool# G01217 7.00%, 03/01/31		18,493		21,573
Pool# C48206 7.50%, 03/01/31		1,565		1,688
Pool# C91366 4.50%, 04/01/31		383,699		409,059
Pool# C91377 4.50%, 06/01/31		217,244		232,146
Pool# C53324 7.00%, 06/01/31		1,974		2,293
Pool# C01209 8.00%, 06/01/31		1,012		1,197
Pool# C54792 7.00%, 07/01/31		15,862		18,496
Pool# C55071 7.50%, 07/01/31		555		650
Pool# G01309 7.00%, 08/01/31		3,377		3,938
Pool# C01222 7.00%, 09/01/31		2,953		3,446
Pool# G01311 7.00%, 09/01/31		22,764		26,535
Pool# G01315 7.00%, 09/01/31		873		1,018
Pool# C58647
7.00%, 10/01/31		920		1,074
Pool# C58694 7.00%, 10/01/31		7,185		8,400
Pool# C60012 7.00%, 11/01/31		1,529		1,781
Pool# C61298 8.00%, 11/01/31		2,332		2,623
Pool# C61105 7.00%, 12/01/31		5,006		5,848
Pool# C01305 7.50%, 12/01/31		2,815		3,294
Pool# C62218 7.00%, 01/01/32		2,411		2,808
Pool# C63171 7.00%, 01/01/32		9,616		11,247
Pool# C64121 7.50%, 02/01/32		3,569		3,954
Pool# C01345 7.00%, 04/01/32		13,434		15,249
Pool# C66744 7.00%, 04/01/32		881		1,004
Pool# G01391 7.00%, 04/01/32		40,356		47,067
Pool# C65717 7.50%, 04/01/32		3,655		4,289
Pool# C01370 8.00%, 04/01/32		3,562		4,212
Pool# C66916 7.00%, 05/01/32		15,350		17,964
Pool# C67235 7.00%, 05/01/32		16,514		19,267
Pool# C01381 8.00%, 05/01/32		17,424		20,614
Pool# C68290 7.00%, 06/01/32		4,854		5,519
Pool# C68300 7.00%, 06/01/32		23,140		26,266
Pool# G01449 7.00%, 07/01/32		26,834		31,281
Pool# C68988 7.50%, 07/01/32		2,794		3,008
Pool# C69908 7.00%, 08/01/32		22,333		26,107
Pool# C70211 7.00%, 08/01/32		10,864		12,717
Pool# C91558 3.50%, 09/01/32		330,904		338,491
Pool# C71089 7.50%, 09/01/32		4,146		4,864
Pool# G01536 7.00%, 03/01/33		25,924		30,322
Pool# G30642 3.00%, 05/01/33		172,505		171,360
Pool# G30646 3.00%, 05/01/33		381,010		378,599
Pool# K90535 3.00%, 05/01/33		80,099		79,592

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



U.S. Government Mortgage Backed Agencies (continued)

	Principal Amount		Market Value
Federal Home Loan Mortgage Corp. Gold Pool (continued)
Pool# A16419 6.50%, 11/01/33	$	13,588	$	15,562
Pool# A16522 6.50%, 12/01/33		105,211		120,516
Pool# C01806 7.00%, 01/01/34		10,460		12,083
Pool# A21356 6.50%, 04/01/34		56,481		64,726
Pool# C01851 6.50%, 04/01/34		56,901		65,193
Pool# A22067 6.50%, 05/01/34		81,778		93,687
Pool# A24301 6.50%, 05/01/34		83,854		96,138
Pool# A24988 6.50%, 07/01/34		28,114		32,192
Pool# G01741 6.50%, 10/01/34		31,482		36,023
Pool# G08023 6.50%, 11/01/34		61,004		69,710
Pool# A33137 6.50%, 01/01/35		19,890		22,818
Pool# A31989 6.50%, 04/01/35		15,271		17,463
Pool# G08064 6.50%, 04/01/35		44,375		50,391
Pool# G01947 7.00%, 05/01/35		34,042		39,816
Pool# G01837 5.00%, 07/01/35		2,550,693		2,743,091
Pool# A37135 5.50%, 09/01/35		547,671		591,334
Pool# A38255 5.50%, 10/01/35		410,788		443,538
Pool# A38531 5.50%, 10/01/35		699,782		755,572
Pool# G08088 6.50%, 10/01/35		254,649		287,537
Pool# A39759 5.50%, 11/01/35		37,611		40,609
Pool# A40376 5.50%, 12/01/35		40,326		43,541
Pool# A42305 5.50%, 01/01/36		92,190		99,540
Pool# A41548 7.00%, 01/01/36		44,260		50,820
Pool# G08111 5.50%, 02/01/36		681,699		736,048
Pool# A48303 7.00%, 02/01/36		9,107		10,386
Pool# A43452
5.50%, 03/01/36		34,265		36,997
Pool# A43861 5.50%, 03/01/36		286,709		309,568
Pool# A43884 5.50%, 03/01/36		579,744		626,961
Pool# A43885 5.50%, 03/01/36		535,937		579,586
Pool# A43886 5.50%, 03/01/36		796,643		861,526
Pool# A48378 5.50%, 03/01/36		465,567		503,485
Pool# G08116 5.50%, 03/01/36		128,636		138,892
Pool# A43534 6.50%, 03/01/36		36,527		41,238
Pool# G02198 4.50%, 05/01/36		488,897		516,169
Pool# A48735 5.50%, 05/01/36		53,831		58,123
Pool# G08136 6.50%, 06/01/36		39,278		44,084
Pool# G02390 6.00%, 09/01/36		334,248		365,038
Pool# A53039 6.50%, 10/01/36		133,757		150,324
Pool# A53219 6.50%, 10/01/36		36,531		41,005
Pool# G05254 5.00%, 01/01/37		258,316		277,397
Pool# G04331 5.00%, 02/01/37		215,095		230,983
Pool# A57803 6.50%, 02/01/37		111,117		124,277
Pool# A64982 6.50%, 08/01/37		64,594		72,328
Pool# A66192 6.50%, 09/01/37		136,481		152,839
Pool# A72132 6.50%, 01/01/38		98,840		110,715
Pool# G04251 6.50%, 04/01/38		28,682		32,121
Pool# G05299 4.50%, 06/01/38		761,449		803,924
Pool# G04473 5.50%, 06/01/38		1,741,874		1,880,746
Pool# A79540 6.50%, 07/01/38		22,894		25,649
Pool# G04569 6.50%, 08/01/38		26,689		29,886
Pool# A81341 6.00%, 09/01/38		2,612,215		2,847,976
Pool# A81998 6.50%, 09/01/38		21,713		24,324
Pool# A82297 6.50%, 10/01/38		83,607		93,673
Pool# A83464 6.50%, 11/01/38		40,653		45,559

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



U.S. Government Mortgage Backed Agencies (continued)

	Principal Amount		Market Value
Federal Home Loan Mortgage Corp. Gold Pool (continued)
Pool# G05232 6.50%, 12/01/38	$	128,392	$	143,827
Pool# A84168 6.50%, 01/01/39		14,670		16,496
Pool# A84252 6.50%, 01/01/39		65,407		73,518
Pool# A84287 6.50%, 01/01/39		50,099		56,300
Pool# A84584 6.50%, 02/01/39		23,595		26,523
Pool# A85442 5.00%, 03/01/39		2,035,092		2,180,330
Pool# G05449 4.50%, 05/01/39		1,292,659		1,363,553
Pool# G05459 5.50%, 05/01/39		2,495,933		2,694,923
Pool# G05535 4.50%, 07/01/39		3,078,356		3,247,185
Pool# A88133 4.50%, 08/01/39		2,169,963		2,288,972
Pool# A87958 6.00%, 08/01/39		1,908,941		2,081,433
Pool# A89500 4.50%, 10/01/39		265,355		279,909
Pool# A91165 5.00%, 02/01/40		5,843,214		6,287,618
Pool# A91538 4.50%, 03/01/40		1,376,452		1,451,942
Pool# G05894 4.50%, 04/01/40		2,147,593		2,265,375
Pool# A93996 4.50%, 09/01/40		1,437,603		1,516,447
Pool# A95407 4.00%, 12/01/40		2,591,638		2,687,711
Pool# A96049 4.00%, 01/01/41		2,558,226		2,653,060
Pool# A96050 4.00%, 01/01/41		2,393,905		2,482,648
Pool# A96592 4.00%, 02/01/41		739,607		767,024
Pool# A97040 4.00%, 02/01/41		583,644		605,279
Pool# G06818 4.00%, 11/01/41		193,478		200,711
Pool# G06842 4.00%, 12/01/41		121,771		126,323
Pool# Q05783 4.00%, 01/01/42		334,093		346,582
Pool# Q08007 4.00%, 04/01/42		810,943		841,512
Pool# G07158
3.50%, 10/01/42		631,565		635,388
Pool# G07163 3.50%, 10/01/42		269,759		271,518
Pool# Q12051 3.50%, 10/01/42		380,040		382,341
Pool# C09020 3.50%, 11/01/42		1,263,028		1,270,676
Pool# G07264 3.50%, 12/01/42		645,780		649,690
Pool# Q14292 3.50%, 01/01/43		111,896		112,626
Pool# Q14881 3.50%, 01/01/43		130,150		130,938
Pool# Q15774 3.00%, 02/01/43		1,884,766		1,822,775
Pool# Q15884 3.00%, 02/01/43		1,121,535		1,084,647
Pool# V80002 2.50%, 04/01/43		493,309		453,459
Pool# Q16915 3.00%, 04/01/43		987,799		955,464
Pool# Q18523 3.50%, 05/01/43		2,084,007		2,096,625
Pool# Q18751 3.50%, 06/01/43		2,527,679		2,542,984
Federal Home Loan Mortgage Corp. Gold Pool TBA
2.50%, 08/15/28		7,000,000		6,982,500
3.00%, 08/15/28		1,700,000		1,746,352
3.50%, 08/15/28		1,000,000		1,045,937
4.50%, 08/15/28		1,800,000		1,904,625
3.00%, 08/15/43		8,000,000		7,728,750
3.50%, 08/15/43		2,900,000		2,914,953
Federal Home Loan Mortgage Corp. Non Gold Pool
Pool# 1B8478 3.34%, 07/01/41(a)		475,184		491,374
Pool# 2B0108 2.61%, 01/01/42(a)		50,141		51,309
Federal National Mortgage Association Pool
Pool# 969977 5.00%, 05/01/23		1,063,995		1,133,806
Pool# 990972 6.00%, 09/01/23		58,605		64,690
Pool# 995517 5.50%, 01/01/24		601,998		649,835
Pool# AA2549 4.00%, 04/01/24		1,083,662		1,146,904
Pool# 935348 5.50%, 06/01/24		103,845		112,189
Pool# AC1374 4.00%, 08/01/24		370,144		393,943
Pool# AC1529 4.50%, 09/01/24		155,802		165,789
Pool# AD0244 4.50%, 10/01/24		122,230		130,066

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



U.S. Government Mortgage Backed Agencies (continued)

	Principal Amount		Market Value
Federal National Mortgage Association Pool (continued)
Pool# AD4089 4.50%, 05/01/25	$	1,352,688	$	1,439,397
Pool# 890216 4.50%, 07/01/25		227,263		241,831
Pool# AB1609 4.00%, 10/01/25		601,176		636,261
Pool# AH1361 3.50%, 12/01/25		514,393		540,073
Pool# AH1518 3.50%, 12/01/25		345,715		362,434
Pool# AH2717 3.50%, 01/01/26		665,213		697,382
Pool# AE6384 4.00%, 01/01/26		59,148		62,600
Pool# AH5616 3.50%, 02/01/26		1,645,732		1,725,319
Pool# AL0298 4.00%, 05/01/26		826,235		879,875
Pool# AJ4093 3.50%, 10/01/26		1,186,406		1,243,780
Pool# AB4277 3.00%, 01/01/27		2,093,779		2,154,957
Pool# AP4746 3.00%, 08/01/27		345,358		355,503
Pool# AP4640 3.00%, 09/01/27		182,090		187,411
Pool# AP7855 3.00%, 09/01/27		1,850,399		1,904,755
Pool# AB6886 3.00%, 11/01/27		180,820		186,160
Pool# AB6887 3.00%, 11/01/27		371,733		382,653
Pool# AQ3758 3.00%, 11/01/27		238,080		245,073
Pool# AQ4532 3.00%, 11/01/27		252,924		260,353
Pool# AQ5096 3.00%, 11/01/27		468,568		482,332
Pool# AQ7406 3.00%, 11/01/27		177,698		182,918
Pool# AQ2884 3.00%, 12/01/27		183,936		189,339
Pool# 930998 4.50%, 04/01/29		188,661		199,870
Pool# MA0243 5.00%, 11/01/29		83,378		89,836
Pool# MA0268 5.00%, 12/01/29		61,157		65,894
Pool# AB1038 5.00%, 05/01/30		80,710		86,961
Pool# AD5655 5.00%, 05/01/30		146,628		158,764
Pool# MA0443 5.00%, 05/01/30		106,117		114,901
Pool# MA0559 5.00%, 09/01/30		33,699		36,499
Pool# AH1515 4.00%, 12/01/30		992,330		1,036,598
Pool# AD0716 6.50%, 12/01/30		3,225,097		3,682,276
Pool# MA0641 4.00%, 02/01/31		1,147,846		1,201,920
Pool# 560868 7.50%, 02/01/31		600		653
Pool# 607212 7.50%, 10/01/31		25,635		29,940
Pool# MA0895 3.50%, 11/01/31		1,177,788		1,203,598
Pool# 607632 6.50%, 11/01/31		110		125
Pool# MA1029 3.50%, 04/01/32		796,422		814,373
Pool# MA1107 3.50%, 07/01/32		213,378		218,321
Pool# MA1166 3.50%, 09/01/32		1,257,084		1,286,203
Pool# 661664 7.50%, 09/01/32		13,698		16,085
Pool# 656559 6.50%, 02/01/33		73,191		77,767
Pool# 694846 6.50%, 04/01/33		17,794		20,277
Pool# AB9300 3.00%, 05/01/33		162,259		161,416
Pool# AB9402 3.00%, 05/01/33		435,909		433,644
Pool# AB9403 3.00%, 05/01/33		161,956		162,962
Pool# 555421 5.00%, 05/01/33		5,868,309		6,355,806
Pool# 254767 5.50%, 06/01/33		2,068,132		2,264,532
Pool# MA1527 3.00%, 08/01/33		900,000		895,324
Pool# 750229 6.50%, 10/01/33		58,462		66,535
Pool# 725228 6.00%, 03/01/34		2,149,017		2,402,119
Pool# 725424 5.50%, 04/01/34		2,447,451		2,679,478
Pool# 788027 6.50%, 09/01/34		60,875		69,527
Pool# 735141 5.50%, 01/01/35		1,292,098		1,411,364
Pool# 735227 5.50%, 02/01/35		1,463,326		1,595,196
Pool# 256023 6.00%, 12/01/35		1,133,968		1,249,508

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



U.S. Government Mortgage Backed Agencies (continued)

	Principal Amount		Market Value
Federal National Mortgage Association Pool (continued)
Pool# 995050 6.00%, 09/01/37	$	3,749,106	$	4,091,481
Pool# 955194 7.00%, 11/01/37		744,131		851,951
Pool# 970320 5.50%, 02/01/38		1,735,161		1,887,731
Pool# 190396 4.50%, 06/01/39		2,495,628		2,643,903
Pool# AA9611 4.00%, 07/01/39		2,061,981		2,142,366
Pool# AA9809 4.50%, 07/01/39		4,307,012		4,562,909
Pool# AC0397 4.50%, 07/01/39		721,106		763,950
Pool# 994002 4.00%, 08/01/39		3,067,418		3,202,336
Pool# AC1454 4.00%, 08/01/39		2,343,962		2,435,339
Pool# AC9890 3.29%, 04/01/40(a)		4,396,759		4,574,931
Pool# AC9895 3.30%, 04/01/40(a)		2,312,350		2,393,221
Pool# AD2888 4.50%, 04/01/40		1,487,133		1,575,489
Pool# AD7992 4.50%, 07/01/40		1,269,365		1,344,783
Pool# AB1388 4.50%, 08/01/40		1,556,709		1,649,199
Pool# AD9153 4.50%, 08/01/40		1,384,428		1,466,682
Pool# AD8536 5.00%, 08/01/40		5,428,583		5,849,085
Pool# AB1735 3.50%, 11/01/40		37,372		37,700
Pool# 932888 3.50%, 01/01/41		256,131		258,742
Pool# 932891 3.50%, 01/01/41		41,865		42,279
Pool# AB2067 3.50%, 01/01/41		915,869		924,635
Pool# AB2068 3.50%, 01/01/41		526,000		530,623
Pool# AL0390 5.00%, 05/01/41		1,329,582		1,438,389
Pool# AB3314 4.50%, 07/01/41		1,147,796		1,217,426
Pool# AJ1249 3.31%, 09/01/41(a)		632,964		654,470
Pool# AI9920 4.00%, 09/01/41		35,460		36,875
Pool# AI9851 4.50%, 09/01/41		162,877		173,267
Pool# AL0761 5.00%, 09/01/41		2,108,767		2,281,340
Pool# AJ5431 4.50%, 10/01/41		258,720		275,344
Pool# AJ4861 4.00%, 12/01/41		525,117		545,670
Pool# AJ7689
Pool# AL1437 2.76%, 01/01/42(a)		237,754		243,310
Pool# AJ9303 4.00%, 01/01/42		459,684		478,107
Pool# AK0714 2.46%, 02/01/42(a)		72,375		74,295
Pool# AK4520 4.00%, 03/01/42		796,653		828,332
Pool# AO0186 4.50%, 04/01/42		406,743		432,753
Pool# AB5185 3.50%, 05/01/42		839,556		847,066
Pool# AO3575 4.50%, 05/01/42		83,391		88,775
Pool# AO4647 3.50%, 06/01/42		1,358,859		1,370,803
Pool# AB5302 4.50%, 06/01/42		194,842		207,331
Pool# AO8036 4.50%, 07/01/42		2,625,127		2,793,401
Pool# AO9697 4.50%, 07/01/42		139,200		147,732
Pool# AP1919 4.50%, 07/01/42		247,785		263,707
Pool# AP1961 2.50%, 08/01/42(a)		406,688		413,431
Pool# AB6017 3.50%, 08/01/42		1,652,078		1,666,598
Pool# AP2092 4.50%, 08/01/42		98,858		105,194
Pool# AP6579 3.50%, 09/01/42		1,513,193		1,526,730
Pool# AP6756 4.00%, 09/01/42		38,887		40,470
Pool# AP7489 4.00%, 09/01/42		1,061,970		1,104,698
Pool# AB6524 3.50%, 10/01/42		2,845,907		2,870,920
Pool# AB7074 3.00%, 11/01/42		1,940,319		1,882,943
Pool# AB6786 3.50%, 11/01/42		299,504		302,136
Pool# AL2677 3.50%, 11/01/42		394,744		398,337
Pool# AQ1569 3.50%, 11/01/42		895,814		903,688
Pool# AL3000 3.50%, 12/01/42		476,027		480,211
Pool# AR4210 3.50%, 01/01/43		470,610		474,746

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



U.S. Government Mortgage Backed Agencies (continued)

	Principal Amount		Market Value
Federal National Mortgage Association Pool (continued)
Pool# AR3806 3.50%, 02/01/43	$	99,955	$	100,834
Pool# AR8213 3.50%, 04/01/43		512,454		517,118
Pool# AB9237 3.00%, 05/01/43		893,977		867,682
Pool# AB9238 3.00%, 05/01/43		1,193,031		1,157,939
Pool# AT4137 3.00%, 05/01/43		554,173		537,786
Pool# AB9362 3.50%, 05/01/43		998,610		1,008,323
Pool# AT2731 3.50%, 05/01/43		1,196,436		1,206,951
Pool# AT4145 3.00%, 06/01/43		437,437		424,570
Pool# AB9814 3.00%, 07/01/43		1,197,765		1,162,534
Federal National Mortgage Association Pool TBA
2.50%, 08/25/28		13,000,000		12,988,828
3.00%, 08/25/28		2,240,598		2,305,015
3.50%, 08/25/28		500,000		524,219
4.00%, 08/25/28		2,000,000		2,117,500
4.50%, 08/25/28		2,200,000		2,341,625
5.00%, 08/25/28		2,000,000		2,132,500
2.50%, 08/25/43		1,500,000		1,383,867
3.00%, 08/25/43		18,700,000		18,128,773
3.50%, 08/25/43		6,600,000		6,652,078
4.50%, 08/25/43		100,000		105,937
5.00%, 08/25/43		1,100,000		1,185,680
5.50%, 08/25/43		1,000,000		1,089,141
4.00%, 09/25/43		9,600,000		9,940,125
Government National Mortgage Association I Pool
Pool# 279461 9.00%, 11/15/19		468		523
Pool# 376510 7.00%, 05/15/24		2,295		2,595
Pool# 457801 7.00%, 08/15/28		4,279		4,922
Pool# 486936 6.50%, 02/15/29		2,289		2,639
Pool# 502969 6.00%, 03/15/29		8,634		9,705
Pool# 487053 7.00%, 03/15/29		3,410		3,921
Pool# 781014 6.00%, 04/15/29		6,620		7,438
Pool# 509099 7.00%, 06/15/29		2,991		3,452
Pool# 470643 7.00%, 07/15/29		11,811		13,622
Pool# 434505 7.50%, 08/15/29		145		156
Pool# 416538 7.00%, 10/15/29		638		732
Pool# 524269 8.00%, 11/15/29		6,335		7,470
Pool# 781124 7.00%, 12/15/29		16,386		19,100
Pool# 507396 7.50%, 09/15/30		64,489		75,728
Pool# 531352 7.50%, 09/15/30		6,283		7,383
Pool# 536334 7.50%, 10/15/30		162		177
Pool# 540659 7.00%, 01/15/31		739		854
Pool# 486019 7.50%, 01/15/31		1,626		1,913
Pool# 535388 7.50%, 01/15/31		1,695		1,994
Pool# 537406 7.50%, 02/15/31		396		426
Pool# 528589 6.50%, 03/15/31		49,548		57,321
Pool# 508473 7.50%, 04/15/31		9,067		10,574
Pool# 544470 8.00%, 04/15/31		2,719		3,022
Pool# 781287 7.00%, 05/15/31		8,310		9,710
Pool# 549742 7.00%, 07/15/31		4,138		4,763
Pool# 781319 7.00%, 07/15/31		2,582		2,979
Pool# 485879 7.00%, 08/15/31		10,444		12,066
Pool# 572554 6.50%, 09/15/31		102,753		118,789
Pool# 555125 7.00%, 09/15/31		660		762
Pool# 781328 7.00%, 09/15/31		7,976		9,318
Pool# 550991 6.50%, 10/15/31		1,641		1,896
Pool# 571267 7.00%, 10/15/31		1,001		1,157
Pool# 574837 7.50%, 11/15/31		2,055		2,413
Pool# 555171 6.50%, 12/15/31		1,142		1,327
Pool# 781380 7.50%, 12/15/31		2,423		2,844
Pool# 781481 7.50%, 01/15/32		11,794		13,821
Pool# 580972 6.50%, 02/15/32		1,751		2,033

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



U.S. Government Mortgage Backed Agencies (continued)

	Principal Amount		Market Value
Government National Mortgage Association I Pool (continued)
Pool# 781401 7.50%, 02/15/32	$	6,356	$	7,455
Pool# 781916 6.50%, 03/15/32		137,194		158,237
Pool# 552474 7.00%, 03/15/32		6,555		7,571
Pool# 781478 7.50%, 03/15/32		4,364		5,119
Pool# 781429 8.00%, 03/15/32		7,211		8,544
Pool# 781431 7.00%, 04/15/32		28,748		33,177
Pool# 568715 7.00%, 05/15/32		35,745		41,271
Pool# 552616 7.00%, 06/15/32		35,991		41,497
Pool# 570022 7.00%, 07/15/32		35,325		40,673
Pool# 583645 8.00%, 07/15/32		4,933		5,869
Pool# 595077 6.00%, 10/15/32		13,195		14,831
Pool# 596657 7.00%, 10/15/32		4,121		4,740
Pool# 552903 6.50%, 11/15/32		176,349		203,514
Pool# 552952 6.00%, 12/15/32		15,207		17,080
Pool# 588192 6.00%, 02/15/33		9,211		10,353
Pool# 602102 6.00%, 02/15/33		13,308		14,975
Pool# 553144 5.50%, 04/15/33		71,005		78,131
Pool# 604243 6.00%, 04/15/33		32,362		36,386
Pool# 611526 6.00%, 05/15/33		18,748		21,099
Pool# 553320 6.00%, 06/15/33		49,176		55,274
Pool# 572733 6.00%, 07/15/33		7,574		8,500
Pool# 573916 6.00%, 11/15/33		29,632		33,272
Pool# 604788 6.50%, 11/15/33		135,695		155,776
Pool# 604875 6.00%, 12/15/33		69,408		77,894
Pool# 781688 6.00%, 12/15/33		78,441		88,232
Pool# 781690 6.00%, 12/15/33		32,125		36,127
Pool# 781699 7.00%, 12/15/33		12,548		14,483
Pool# 621856 6.00%, 01/15/34		38,327		43,039
Pool# 564799 6.00%, 03/15/34		155,330		174,331
Pool# 630038 6.50%, 08/15/34		73,542		84,054
Pool# 781804 6.00%, 09/15/34		94,453		105,767
Pool# 781847 6.00%, 12/15/34		83,727		93,772
Pool# 486921 5.50%, 02/15/35		27,290		30,094
Pool# 781902 6.00%, 02/15/35		73,901		82,790
Pool# 649454 5.50%, 09/15/35		419,316		462,132
Pool# 649510 5.50%, 10/15/35		673,843		742,648
Pool# 649513 5.50%, 10/15/35		1,011,054		1,114,291
Pool# 652207 5.50%, 03/15/36		442,007		486,863
Pool# 652539 5.00%, 05/15/36		47,713		51,789
Pool# 655519 5.00%, 05/15/36		41,567		45,119
Pool# 606308 5.50%, 05/15/36		85,412		94,080
Pool# 606314 5.50%, 05/15/36		30,532		33,630
Pool# 655457 6.00%, 05/15/36		14,108		15,643
Pool# 656666 6.00%, 06/15/36		144,449		160,224
Pool# 657912 6.50%, 08/15/36		11,997		13,541
Pool# 697957 4.50%, 03/15/39		3,760,462		3,992,700
Pool# 704630 5.50%, 07/15/39		128,012		140,108
Pool# 722292 5.00%, 09/15/39		2,511,195		2,713,562
Pool# 733312 4.00%, 09/15/40		206,711		216,837
Pool# 742235 4.00%, 12/15/40		226,375		236,535
Pool# 755655 4.00%, 12/15/40		131,284		137,756
Pool# 755656 4.00%, 12/15/40		159,514		167,976
Pool# 756631 4.00%, 12/15/40		52,102		54,866
Pool# 757038 4.00%, 12/15/40		425,639		448,217

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



U.S. Government Mortgage Backed Agencies (continued)

	Principal Amount		Market Value
Government National Mortgage Association I Pool (continued)
Pool# 757039 4.00%, 12/15/40	$	668,835	$	701,806
Pool# 757043 4.00%, 12/15/40		109,995		115,830
Pool# 757044 4.00%, 12/15/40		177,847		186,614
Pool# 690662 4.00%, 01/15/41		135,788		142,481
Pool# 719486 4.00%, 01/15/41		105,775		110,989
Pool# 742244 4.00%, 01/15/41		542,420		569,160
Pool# 753826 4.00%, 01/15/41		160,230		167,879
Pool# 755958 4.00%, 01/15/41		530,105		556,237
Pool# 755959 4.00%, 01/15/41		382,304		402,584
Pool# 759075 4.00%, 01/15/41		416,277		438,359
Pool# 757555 4.00%, 02/15/41		59,611		62,773
Pool# 757557 4.00%, 02/15/41		104,681		109,842
Pool# 759207 4.00%, 02/15/41		790,828		832,779
Pool# AA6307 3.50%, 04/15/43		642,262		655,107
Pool# AB3946 3.50%, 04/15/43		250,602		255,615
Pool# AD6012 3.50%, 04/15/43		611,138		623,360
Pool# AD7471 3.50%, 04/15/43		632,480		645,129
Pool# AD7472 3.50%, 04/15/43		354,434		361,578
Pool# AD9472 3.50%, 04/15/43		342,200		349,098
Pool# AA6403 3.00%, 05/15/43		1,490,613		1,462,198
Government National Mortgage Association I Pool TBA 3.00%, 08/15/43		1,500,000		1,469,180
4.50%, 08/15/43		1,500,000		1,591,406
Government National Mortgage Association II Pool
Pool# G23851 5.50%, 05/20/36		1,593,611		1,763,179
Pool# G24245 6.00%, 09/20/38		1,566,769		1,724,100
Pool# G24559 5.00%, 10/20/39		1,136,290		1,233,895
Pool# G24715 5.00%, 06/20/40		1,037,393		1,126,504
Pool# G24747 5.00%, 07/20/40		2,369,841		2,573,406
Pool# G24771 4.50%, 08/20/40		1,780,450		1,907,377
Pool# G24802 5.00%, 09/20/40		3,069,857		3,345,065
Pool# G24834 4.50%, 10/20/40		4,132,231		4,426,814
Pool# 737727 4.00%, 12/20/40		1,978,626		2,081,113
Pool# 737730 4.00%, 12/20/40		536,677		564,475
Pool# G24923 4.50%, 01/20/41		595,784		637,139
Pool# G24978 4.50%, 03/20/41		95,529		102,160
Pool# G25017 4.50%, 04/20/41		1,142,767		1,222,091
Pool# G25056 5.00%, 05/20/41		515,078		559,644
Pool# G25082 4.50%, 06/20/41		1,773,698		1,892,453
Pool# G25139 4.00%, 08/20/41		820,802		859,342
Pool# G25175 4.50%, 09/20/41		1,223,464		1,305,378
Pool# G2675523 3.50%, 03/20/42		911,446		929,746
Pool# G25332 4.00%, 03/20/42		481,536		504,145
Pool# G2MA0023 4.00%, 04/20/42		954,570		999,390
Pool# G2MA0089 4.00%, 05/20/42		3,754,117		3,930,384
Pool# G2MA0392 3.50%, 09/20/42		3,334,774		3,400,688
Pool# G2MA0534 3.50%, 11/20/42		3,911,729		3,989,047
Pool# G2MA0852 3.50%, 03/20/43		2,199,209		2,242,678
Pool# G2MA0934 3.50%, 04/20/43		2,560,105		2,610,707
Pool# G2AF1001 3.50%, 06/20/43		499,014		509,189
Government National Mortgage Association II Pool TBA 3.00%, 08/15/43		12,500,000		12,241,211
3.50%, 08/15/43		2,500,000		2,545,703

Total U.S. Government Mortgage Backed Agencies (cost $371,871,699)				375,887,381

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



U.S. Government Sponsored & Agency Obligations 4.6%

	Principal Amount		Market Value
Federal Farm Credit Bank 4.88%, 01/17/17	$	375,000	$	427,507
Federal Home Loan Banks 4.88%, 05/17/17		605,000		690,189
5.50%, 07/15/36		600,000		728,484
Federal Home Loan Mortgage Corp. 0.50%, 04/17/15(b)		2,000,000		2,005,685
1.75%, 09/10/15(b)		4,200,000		4,314,523
1.00%, 09/29/17(b)		1,200,000		1,184,409
0.88%, 03/07/18		2,500,000		2,427,237
3.75%, 03/27/19		1,475,000		1,616,311
1.38%, 05/01/20		1,500,000		1,415,778
2.38%, 01/13/22(b)		1,000,000		970,795
6.75%, 09/15/29(b)		388,000		531,017
6.75%, 03/15/31		750,000		1,027,047
6.25%, 07/15/32		865,000		1,148,406
Federal National Mortgage Association 3.00%, 09/16/14(b)		3,775,000		3,893,031
4.63%, 10/15/14		1,236,000		1,301,511
0.75%, 12/19/14		12,000,000		12,083,124
4.38%, 10/15/15		1,182,000		1,282,201
0.65%, 03/28/16		5,800,000		5,795,152
5.38%, 06/12/17(b)		1,805,000		2,093,988
0.88%, 12/20/17(b)		5,000,000		4,880,725
0.88%, 05/21/18(b)		1,714,000		1,656,514
6.25%, 05/15/29		750,000		971,202
Financing Corp. (FICO) 9.80%, 11/30/17		12,000		16,291
Tennessee Valley Authority 6.25%, 12/15/17		35,000		42,246
4.50%, 04/01/18(b)		3,365,000		3,804,876
4.88%, 01/15/48		300,000		302,933

Total U.S. Government Sponsored & Agency Obligations (cost $55,530,795)				56,611,182


U.S. Treasury Bonds 5.0%

	Principal Amount		Market Value
U.S. Treasury Bonds 8.13%, 08/15/19		1,500,000		2,057,812
8.50%, 02/15/20		700,000		989,625
8.00%, 11/15/21		2,655,000		3,816,562
6.25%, 08/15/23		2,869,000		3,809,494
6.88%, 08/15/25		633,000		894,805
6.38%, 08/15/27(b)		5,120,000		7,060,000
4.50%, 02/15/36(b)		510,000		594,150
5.00%, 05/15/37		215,000		268,313
4.50%, 05/15/38		500,000		582,812
4.25%, 05/15/39		3,095,000		3,475,105
4.50%, 08/15/39		1,285,000		1,499,836
4.38%, 11/15/39(b)		7,330,000		8,387,124
4.38%, 05/15/40(b)		1,300,000		1,487,688
3.88%, 08/15/40		1,600,000		1,687,000
4.25%, 11/15/40(b)		5,250,000		5,889,024
4.75%, 02/15/41		3,650,000		4,426,766
4.38%, 05/15/41		1,000,000		1,143,906
3.75%, 08/15/41		4,700,000		4,836,594
3.13%, 11/15/41		4,800,000		4,383,000
3.13%, 02/15/43		4,700,000		4,267,453
2.88%, 05/15/43		500,000		430,313

Total U.S. Treasury Bonds (cost $58,280,621)				61,987,382


U.S. Treasury Notes 31.0%

	Principal Amount		Market Value
U.S. Treasury Notes 0.25%, 09/15/14(b)		3,800,000		3,803,563
0.50%, 10/15/14(b)		9,500,000		9,537,109
0.38%, 11/15/14(b)		7,000,000		7,017,500
2.13%, 11/30/14(b)		13,520,000		13,866,450
0.25%, 12/15/14(b)		13,500,000		13,510,546
4.00%, 02/15/15		1,400,000		1,480,937
0.25%, 02/28/15(b)		20,000,000		20,000,000
2.38%, 02/28/15(b)		11,990,000		12,394,662
0.38%, 04/15/15(b)		1,000,000		1,001,875
0.13%, 04/30/15(b)		6,000,000		5,985,000
0.25%, 05/15/15(b)		2,500,000		2,498,828
4.13%, 05/15/15		1,533,000		1,637,675
0.25%, 05/31/15		5,000,000		4,997,656
1.75%, 07/31/15(b)		5,250,000		5,399,297
0.25%, 08/15/15(b)		8,000,000		7,986,250
0.25%, 10/15/15(b)		7,000,000		6,980,313
1.38%, 11/30/15(b)		6,000,000		6,135,000
2.00%, 01/31/16		12,000,000		12,463,126
0.38%, 02/15/16		5,000,000		4,987,500
2.13%, 02/29/16(b)		16,000,000		16,680,000
0.25%, 04/15/16		6,000,000		5,957,813
2.63%, 04/30/16		3,055,000		3,228,753
1.75%, 05/31/16(b)		6,500,000		6,717,344
1.50%, 07/31/16		4,000,000		4,103,760
4.88%, 08/15/16(b)		1,833,000		2,066,135
1.00%, 08/31/16(b)		16,000,000		16,165,000
3.00%, 09/30/16		1,325,000		1,420,648
0.88%, 12/31/16		4,000,000		4,010,000
3.25%, 12/31/16(b)		9,325,000		10,094,312
4.63%, 02/15/17(b)		3,060,000		3,462,581
0.88%, 02/28/17(b)		3,000,000		3,000,938
3.00%, 02/28/17(b)		1,845,000		1,983,952
4.50%, 05/15/17		3,595,000		4,069,091
2.75%, 05/31/17(b)		4,335,000		4,626,935
0.75%, 06/30/17(b)		11,500,000		11,386,796
2.50%, 06/30/17		3,450,000		3,649,453
0.50%, 07/31/17		5,500,000		5,383,125
1.88%, 09/30/17(b)		1,800,000		1,855,969
0.75%, 10/31/17		3,000,000		2,950,781

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



U.S. Treasury Notes (continued)

	Principal Amount		Market Value
U.S. Treasury Notes (continued)
1.88%, 10/31/17	$	1,800,000	$	1,855,125
4.25%, 11/15/17(b)		6,415,000		7,252,959
0.88%, 01/31/18		15,500,000		15,248,125
2.75%, 02/28/18(b)		2,000,000		2,135,000
2.88%, 03/31/18(b)		2,000,000		2,145,312
0.63%, 04/30/18(b)		3,000,000		2,903,438
1.00%, 05/31/18		2,500,000		2,459,766
2.38%, 05/31/18		5,500,000		5,768,125
1.38%, 06/30/18		1,200,000		1,200,000
1.38%, 09/30/18		8,000,000		7,970,000
1.38%, 12/31/18		4,000,000		3,966,250
1.38%, 02/28/19(b)		4,000,000		3,955,000
1.50%, 03/31/19(b)		2,000,000		1,987,500
1.13%, 05/31/19(b)		4,000,000		3,878,750
1.00%, 08/31/19		2,000,000		1,912,812
3.38%, 11/15/19(b)		2,370,000		2,599,224
1.38%, 01/31/20		1,500,000		1,453,359
3.63%, 02/15/20(b)		5,410,000		6,011,862
1.25%, 02/29/20(b)		3,000,000		2,877,188
1.13%, 04/30/20		1,500,000		1,420,781
3.50%, 05/15/20(b)		9,600,000		10,578,000
1.38%, 05/31/20		2,000,000		1,922,812
2.63%, 08/15/20(b)		8,100,000		8,436,656
3.13%, 05/15/21		4,200,000		4,486,125
2.13%, 08/15/21(b)		2,250,000		2,227,149
2.00%, 11/15/21		5,500,000		5,367,656
1.75%, 05/15/22		3,000,000		2,838,281
1.63%, 08/15/22		2,200,000		2,048,063
1.63%, 11/15/22		6,400,000		5,924,000
2.00%, 02/15/23(b)		3,000,000		2,860,313
1.75%, 05/15/23(b)		4,000,000		3,710,000

Total U.S. Treasury Notes (cost $379,054,819)				383,896,304


Yankee Dollars 0.5%

	Principal Amount		Market Value
Chemicals 0.0%†
Agrium, Inc. 3.15%, 10/01/22		50,000		46,682
6.13%, 01/15/41		100,000		108,710
Potash Corp. of Saskatchewan, Inc., 5.88%, 12/01/36		125,000		138,740

				294,132


Commercial Banks 0.0%†
Westpac Banking Corp., 4.63%, 06/01/18		103,000		109,294


Electric Utilities 0.0%†
Hydro Quebec 8.40%, 01/15/22		153,000		206,152
8.88%, 03/01/26		109,000		159,956

				366,108


Energy Equipment & Services 0.0%†
Weatherford International Ltd., 5.50%, 02/15/16		51,000		55,288


Gas Utilities 0.1%
Enbridge, Inc., 5.60%, 04/01/17		250,000		280,393
TransCanada PipeLines Ltd., 5.85%, 03/15/36		500,000		567,747

				848,140


Metals & Mining 0.0%†
BHP Billiton Finance USA Ltd., 6.42%, 03/01/26		55,000		65,092
Teck Resources Ltd., 3.85%, 08/15/17		100,000		104,185
Xstrata Canada Corp., 6.20%, 06/15/35		123,000		113,160

				282,437


Oil, Gas & Consumable Fuels 0.3%
Canadian Natural Resources Ltd., 4.90%, 12/01/14		195,000		205,690
ConocoPhillips Canada Funding Co. I, 5.63%, 10/15/16		260,000		297,724
Encana Corp., 6.50%, 08/15/34		250,000		283,094
Nexen, Inc. 5.88%, 03/10/35		92,000		96,374
6.40%, 05/15/37		250,000		275,880
Noble Holding International Ltd., 4.63%, 03/01/21		250,000		258,573
Petro-Canada, 5.95%, 05/15/35		189,000		211,143
Statoil ASA, 6.80%, 01/15/28		225,000		288,909
Suncor Energy, Inc., 6.10%, 06/01/18		605,000		711,306
Talisman Energy, Inc. 7.25%, 10/15/27		92,000		108,782
5.75%, 05/15/35		250,000		254,478

				2,991,953


Road & Rail 0.1%
Canadian National Railway Co. 6.90%, 07/15/28		168,000		219,211
6.20%, 06/01/36		164,000		201,471

				420,682


Supranational 0.0%†
Inter-American Development Bank, 6.80%, 10/15/25		287,000		377,206


Water Utilities 0.0%†
United Utilities PLC, 5.38%, 02/01/19		100,000		107,865

Total Yankee Dollars (cost $5,216,686)				5,853,105

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund



Mutual Fund 7.6%

	Shares			Market Value
Money Market Fund 7.6%
Fidelity Institutional Money Market Fund - Institutional Class, 0.11% (f)		94,139,484		$	94,139,484

Total Mutual Fund (cost $94,139,484)					94,139,484


Repurchase Agreements 1.3%

	Principal Amount			Market Value
BNP Paribas Securities Corp., 0.07%, dated 07/31/13, due 08/01/13, repurchase price $5,000,010, collateralized by U.S. Government Agency Securities ranging from 0.00% - 5.38%, maturing 08/05/13 - 05/04/37; total market value $5,100,009. (g)	$	5,000,000			5,000,000
Credit Suisse (USA) LLC, 0.08%, dated 07/31/13, due 08/01/13, repurchase price $10,520,848, collateralized by U.S. Government Agency Securities ranging from 0.00% - 1.74%, maturing 07/15/18 - 05/04/37; total market value $10,731,323. (g)		10,520,825			10,520,825

Total Repurchase Agreements (cost $15,520,825)					15,520,825


TBA Sale Commitments (1.2)%

	Principal Amount			Market Value
U.S. Government Mortgage Backed Agencies
Federal Home Loan Mortgage Corp. Gold Pool TBA 4.00%, 08/15/43		(1,000,000	)		(1,036,563	)
5.00%, 08/15/43		(2,000,000	)		(2,143,281	)
5.50%, 08/15/43		(5,000,000	)		(5,403,516	)
6.00%, 08/15/43		(4,000,000	)		(4,361,562	)
Government National Mortgage Association I Pool TBA 4.00%, 08/15/43		(800,000	)		(834,937	)
Government National Mortgage Association II Pool TBA 4.00%, 08/15/43		(1,000,000	)		(1,045,781	)

Total TBA Sale Commitments (cost $(14,714,547)					(14,825,640	)

Total Investments (cost $1,305,854,956) (h) — 107.8%					1,334,158,678
Liabilities in excess of other assets — (7.8%)					(96,383,394	)

NET ASSETS — 100.0%				$	1,237,775,284

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund

(a)	Variable Rate Security. The rate reflected in the Statement of Investments is the rate in effect on July 31, 2013. The maturity date represents the actual maturity date.

(b)

The security or a portion of this security is on loan at July 31, 2013. The total value of securities on loan at July 31, 2013 was $292,087,450, which was collateralized by a repurchase agreement with a value of $15,520,825 and $284,093,287 of collateral in the form of U.S. Government Treasury and Agency Securities, interest rates ranging from 0.00% - 36.07%, and maturity dates ranging from 08/01/13 - 11/20/62 a total value of $299,614,112.

(c)

(d)	Step Bond. Coupon rate is set for an initial period and then increases to a higher coupon rate at a specific date. The rate shown is the rate at July 31, 2013.

(e)	Investment in affiliate.

(f)	Represents 7-day effective yield as of July 31, 2013.

(g)	The security was purchased with cash collateral held from securities on loan. The total value of securities purchased with cash collateral as of July 31, 2013 was $15,520,825.

(h)	At July 31, 2013, the tax basis cost of the Fund’s investments was $1,306,319,070, tax unrealized appreciation and depreciation were $41,699,657 and $(13,860,049), respectively.

†	Amount rounds to less than 0.1%.


AB		Stock Company
AG		Stock Corporation
ASA		Stock Corporation
BA		Limited
BV		Private Limited Liability Company
GDIF		Global Debt Issuance Facility
LLC		Limited Liability Company
LP		Limited Partnership
Ltd.		Limited
NA		National Association
NV		Public Traded Company
PLC		Public Limited Company
REIT		Real Estate Investment Trust
SA		Stock Company
SAB de CV		Public Traded Company
SAU		Single Shareholder Corporation
SpA		Limited Share Company
TBA		To Be Announced

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.


	Level 1		Level 2		Level 3		Total
Assets:
Asset-Backed Securities	$	—	$	3,036,694	$	—	$	3,036,694
Commercial Mortgage Backed Securities		—		21,895,274		—		21,895,274
Corporate Bonds		—		286,170,698		—		286,170,698
Municipal Bonds		—		10,766,167		—		10,766,167
Mutual Fund		94,139,484		—		—		94,139,484
Repurchase Agreements		—		15,520,825		—		15,520,825
Sovereign Bonds		—		33,219,822		—		33,219,822
U.S. Government Mortgage Backed Agencies		—		375,887,381		—		375,887,381
U.S. Government Sponsored & Agency Obligations		—		56,611,182		—		56,611,182
U.S. Treasury Bonds		—		61,987,382		—		61,987,382
U.S. Treasury Notes		—		383,896,304		—		383,896,304
Yankee Dollars		—		5,853,105		—		5,853,105

Total Assets	$	94,139,484	$	1,254,844,834	$	—	$	1,348,984,318

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Bond Index Fund


	Level 1		Level 2			Level 3		Total
Liabilities:
U.S. Government Mortgage Backed Agencies	$	—	$	(14,825,640	)	$	—	$	(14,825,640	)

Total Liabilities	$	—	$	(14,825,640	)	$	—	$	(14,825,640	)

Total	$	94,139,484	$	1,240,019,194		$	—	$	1,334,158,678

Amounts designated as “—”, which may include fair valued securities, are zero or have been rounded to zero.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Core Plus Bond Fund



Commercial Mortgage Backed Security 1.1%

	Principal Amount		Market Value
JP Morgan Chase Commercial Mortgage Securities Trust, Series 2011-C5, Class A2, 3.15%, 08/15/46	$	735,000	$	769,644

Total Commercial Mortgage Backed Security (cost $740,118)				769,644


Corporate Bonds 51.3%

	Principal Amount		Market Value
Aerospace & Defense 0.6%
Triumph Group, Inc., 8.00%, 11/15/17		375,000		393,750


Airlines 1.5%
Air Canada, 9.25%, 08/01/15(a)		500,000		522,650
Delta Air Lines Pass Through Trust, Series 2007-1, Class A, 6.82%, 08/10/22		498,164		560,435

				1,083,085


Auto Components 0.7%
Cooper Tire & Rubber Co., 8.00%, 12/15/19		500,000		528,750


Automobiles 1.1%
Oshkosh Corp., 8.25%, 03/01/17		700,000		750,750


Capital Markets 1.8%
Jefferies Group LLC, 5.13%, 01/20/23		350,000		352,122
Raymond James Financial, Inc., 8.60%, 08/15/19		730,000		911,601

				1,263,723


Computers & Peripherals 0.6%
Apple, Inc., 2.40%, 05/03/23		470,000		430,055


Consumer Finance 0.7%
Aircastle Ltd., 9.75%, 08/01/18		450,000		498,375


Diversified Financial Services 7.1%
Bank of America Corp., 1.50%, 10/09/15		1,000,000		1,000,818
General Electric Capital Corp., 5.30%, 02/11/21		500,000		546,815
Goldman Sachs Capital II, 4.00%, 09/23/13(b)		500,000		395,000
Goldman Sachs Group, Inc. (The), 5.25%, 07/27/21		440,000		474,339
Morgan Stanley, 6.63%, 04/01/18		850,000		976,340
National Rural Utilities Cooperative Finance Corp., 10.38%, 11/01/18		500,000		692,035
Western Union Co. (The), 5.93%, 10/01/16		770,000		861,862

				4,947,209


Diversified Telecommunication Services 1.4%
Corning, Inc., 7.25%, 08/15/36		350,000		421,231
Frontier Communications Corp., 8.50%, 04/15/20		500,000		557,500

				978,731


Electrical Equipment 0.5%
Kemet Corp., 10.50%, 05/01/18		350,000		352,625


Food Products 3.3%
ConAgra Foods, Inc., 5.88%, 04/15/14		1,180,000		1,223,109
Hershey Co. (The), 5.45%, 09/01/16		860,000		974,704
Wells Enterprises, Inc., 6.75%, 02/01/20(a)		100,000		104,500

				2,302,313


Gas Utilities 1.6%
Genesis Energy LP/Genesis Energy Finance Corp., 7.88%, 12/15/18		400,000		424,000
Niska Gas Storage US LLC/Niska Gas Storage Canada ULC, 8.88%, 03/15/18		669,000		701,168

				1,125,168


Health Care Providers & Services 0.5%
Health Net, Inc., 6.38%, 06/01/17		365,000		381,009


Hotels, Restaurants & Leisure 1.7%
Graton Economic Development Authority, 9.63%, 09/01/19(a)		575,000		645,438
Hyatt Hotels Corp., 3.38%, 07/15/23		100,000		93,466
Sugarhouse HSP Gaming Prop Mezz LP/Sugarhouse HSP Gaming Finance Corp., 6.38%, 06/01/21(a)		500,000		476,250

				1,215,154


Household Durables 0.7%
NVR, Inc., 3.95%, 09/15/22		500,000		484,948


Household Products 0.9%
Tupperware Brands Corp., 4.75%, 06/01/21		635,000		648,977

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Core Plus Bond Fund



Corporate Bonds (continued)

	Principal Amount		Market Value
Information Technology Services 0.6%
Dun & Bradstreet Corp. (The), 3.25%, 12/01/17	$	400,000	$	404,421


Insurance 9.8%
Aflac, Inc., 8.50%, 05/15/19		525,000		682,116
American International Group, Inc., 5.60%, 10/18/16		800,000		896,878
Aspen Insurance Holdings Ltd., 6.00%, 08/15/14		1,025,000		1,074,007
Genworth Financial, Inc., 5.75%, 06/15/14		500,000		520,300
Markel Corp., 7.13%, 09/30/19		915,000		1,095,722
RenRe North America Holdings, Inc., 5.75%, 03/15/20		850,000		918,032
Torchmark Corp., 9.25%, 06/15/19		710,000		914,790
Willis North America, Inc., 6.20%, 03/28/17		684,000		768,495

				6,870,340


Media 0.5%
Regal Entertainment Group, 9.13%, 08/15/18		291,000		321,555


Metals & Mining 0.2%
Arch Coal, Inc., 7.25%, 10/01/20		160,000		130,000


Multi-Utilities & Unregulated Power 1.0%
NRG Energy, Inc., 8.50%, 06/15/19		620,000		669,600


Office Electronics 1.0%
Pitney Bowes, Inc., 5.60%, 03/15/18		665,000		717,647


Oil, Gas & Consumable Fuels 4.2%
McMoRan Exploration Co., 11.88%, 11/15/14		415,000		427,450
PBF Holding Co. LLC/PBF Finance Corp., 8.25%, 02/15/20		350,000		358,750
Stone Energy Corp., 8.63%, 02/01/17		575,000		610,937
Tesoro Corp., 9.75%, 06/01/19		720,000		794,700
Valero Energy Corp., 7.50%, 04/15/32		600,000		718,033

				2,909,870


Real Estate Investment Trusts (REITs) 1.5%
Alexandria Real Estate Equities, Inc., 3.90%, 06/15/23		485,000		467,499
Simon Property Group LP, 10.35%, 04/01/19		435,000		597,282

				1,064,781


Real Estate Management & Development 0.7%
Jones Lang LaSalle, Inc., 4.40%, 11/15/22		500,000		490,884


Road & Rail 0.5%
Avis Budget Car Rental LLC/Avis Budget Finance, Inc., 8.25%, 01/15/19		295,000		322,656


Specialty Retail 3.7%
AutoZone, Inc., 4.00%, 11/15/20		455,000		468,209
Foot Locker, Inc., 8.50%, 01/15/22		990,000		1,111,275
O’Reilly Automotive, Inc., 4.63%, 09/15/21		1,000,000		1,049,727

				2,629,211


Wireless Telecommunication Services 2.9%
Cellco Partnership/Verizon Wireless Capital LLC, 7.38%, 11/15/13		1,565,000		1,594,003
MetroPCS Wireless, Inc., 6.63%, 11/15/20		400,000		422,000

				2,016,003

Total Corporate Bonds (cost $34,851,235)				35,931,590


U.S. Government Mortgage Backed Agencies 23.6%
Federal Home Loan Mortgage Corp. Gold Pool
Pool# J14732 4.00%, 03/01/26		133		140
Pool# J19197 3.00%, 05/01/27		956,563		983,093
Pool# C91149 6.00%, 01/01/28		101,730		111,992
Pool# G01616 6.00%, 07/01/33		56,337		62,983
Pool# G08087 6.00%, 10/01/35		159,310		175,187
Pool# C03685 3.00%, 10/01/41		1,606,644		1,553,800
Pool# G08477 3.50%, 02/01/42		1,696,492		1,706,763
Pool# Q09481 3.50%, 07/01/42		1,688,771		1,698,996
Pool# T60798 3.50%, 07/01/42		1,230,465		1,220,997
Pool# G08524 3.00%, 03/01/43		2,462,042		2,381,064
Federal National Mortgage Association Pool
Pool# AL0578 3.50%, 08/01/26		571,043		598,658
Pool# MA1165 3.00%, 09/01/32		1,780,328		1,769,410
Pool# MA1200 3.00%, 10/01/32		2,591,968		2,576,882
Pool# 730969 5.00%, 08/01/33		176,370		190,528
Pool# 995245
Government National Mortgage Association I Pool Pool# AD8801,
3.50%, 03/15/43		1,444,523		1,472,962

Total U.S. Government Mortgage Backed Agencies (cost $17,164,088)				16,503,455

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Core Plus Bond Fund



U.S. Government Sponsored & Agency Obligations 3.8%

	Principal Amount		Market Value
Federal Home Loan Mortgage Corp. 1.00%, 11/28/17	$	900,000	$	880,286
2.50%, 10/02/19		1,400,000		1,413,012
Federal National Mortgage Association 1.75%, 11/20/20		385,000		359,527

Total U.S. Government Sponsored & Agency Obligations (cost $2,731,171)				2,652,825


U.S. Treasury Notes 6.1%

	Principal Amount		Market Value
U.S. Treasury Notes 1.25%, 10/31/15		1,000,000		1,019,531
1.75%, 05/31/16		1,975,000		2,041,039
4.00%, 08/15/18		500,000		564,219
1.38%, 05/31/20		700,000		672,984

Total U.S. Treasury Notes (cost $4,271,042)				4,297,773


Yankee Dollar 0.7%

	Principal Amount		Market Value
Insurance 0.7%
Montpelier Re Holdings Ltd., 4.70%, 10/15/22		500,000		491,543

Total Yankee Dollar (cost $498,454)				491,543


Preferred Stocks 4.6%

	Shares		Market Value
Diversified Telecommunication Services 0.7%
Qwest Corp. 6.13%, 06/01/53*(c)		10,000		225,400
7.00%, 07/01/52(c)		10,500		264,915

				490,315

Electric Utilities 0.8%
Dominion Resources, Inc., 8.38%, 06/15/64(c)		20,000		528,200


Insurance 1.8%
Aspen Insurance Holdings Ltd., 7.25%, 07/01/17(c)		5,510		143,811
Endurance Specialty Holdings Ltd., 7.75%, 12/15/15(c)		25,000		661,250
Montpelier Re Holdings Ltd., 8.88%, 05/10/16(c)		17,500		463,225

				1,268,286


Real Estate Investment Trusts (REITs) 1.0%
Annaly Capital Management, Inc., 7.63%, 05/16/17(c)		10,000		248,100
DuPont Fabros Technology, Inc., 7.63%, 03/15/16(c)		18,445		476,619

				724,719

Thrifts & Mortgage Finance 0.3%
Federal Home Loan Mortgage Corp., 8.38%, 12/31/17*(c)(d)		35,000		176,400

Total Preferred Stocks (cost $3,943,862)				3,187,920


Mutual Fund 10.9%

	Shares		Market Value
Money Market Fund 10.9%
Fidelity Institutional Money Market Fund - Institutional Class, 0.11% (e)		7,603,834		7,603,834

Total Mutual Fund (cost $7,603,834)				7,603,834

Total Investments (cost $71,803,804) (f) — 102.1%				71,438,584
Liabilities in excess of other assets — (2.1%)				(1,444,535	)

NET ASSETS — 100.0%			$	69,994,049

*	Denotes a non-income producing security.

(a)

(b)	Variable Rate and Perpetual Bond Security. The rate reflected in the Statement of Investments is the rate in effect on July 31, 2013. The maturity date reflects the next call date.

(c)	The date shown reflects the next call date on which the issuer may redeem the security at par value. The coupon rate for this security is based on par value and is currently in effect as of July 31, 2013.

(d)	Variable Rate Security. The rate reflected in the Statement of Investments is the rate in effect on July 31, 2013.

(e)	Represents 7-day effective yield as of July 31, 2013.

(f)	At July 31, 2013, the tax basis cost of the Fund’s investments was $71,803,804, tax unrealized appreciation and depreciation were $1,646,716 and $(2,011,936), respectively.


LLC		Limited Liability Company
LP		Limited Partnership
Ltd.		Limited
REIT		Real Estate Investment Trust
ULC		Unlimited Liability Company

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Core Plus Bond Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.


	Level 1		Level 2		Level 3		Total
Assets:
Commercial Mortgage Backed Security	$	—	$	769,644	$	—	$	769,644
Corporate Bonds		—		35,931,590		—		35,931,590
Mutual Fund		7,603,834		—		—		7,603,834
Preferred Stocks		3,187,920		—		—		3,187,920
U.S. Government Mortgage Backed Agencies		—		16,503,455		—		16,503,455
U.S. Government Sponsored & Agency Obligations		—		2,652,825		—		2,652,825
U.S. Treasury Notes		—		4,297,773		—		4,297,773
Yankee Dollar		—		491,543		—		491,543

Total	$	10,791,754	$	60,646,830	$	—	$	71,438,584

Amounts designated as “—”, which may include fair valued securities, are zero or have been rounded to zero.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Destination 2010 Fund



Mutual Funds 96.1%

	Shares		Market Value
Alternative Assets 25.0%
Nationwide Alternatives Allocation Fund, Institutional Class(a)		872,380	$	8,339,950

Total Alternative Assets (cost $8,516,471)				8,339,950


Equity Funds 37.0%
Nationwide International Index Fund, Institutional Class(a)		428,902		3,341,147
Nationwide Mid Cap Market Index Fund, Institutional Class(a)		131,224		2,351,540
Nationwide S&P 500 Index Fund, Institutional Class(a)		406,271		5,675,602
Nationwide Small Cap Index Fund, Institutional Class(a)		67,313		1,004,314

Total Equity Funds (cost $9,999,942)				12,372,603


Fixed Income Funds 32.1%
Nationwide Bond Index Fund, Institutional Class(a)		624,825		7,035,526
Nationwide Inflation-Protected Securities Fund, Institutional Class(a)		393,615		3,688,170

Total Fixed Income Funds (cost $11,245,308)				10,723,696


Money Market Fund 2.0%
Nationwide Money Market Fund, Institutional Class, 0.00% *(a)(b)		662,573		662,573

Total Money Market Fund (cost $662,573)				662,573

Total Mutual Funds (cost $30,424,294)				32,098,822


Exchange Traded Funds 4.0%

	Shares		Market Value
Fixed Income Funds 4.0%
iShares Barclays 1-3 Year Credit Bond Fund		6,348		668,063
iShares Barclays 1-3 Year Treasury Bond Fund		7,870		664,071

Total Exchange Traded Funds (cost $1,331,975)				1,332,134

Total Investments (cost $31,756,269) (c) — 100.1%				33,430,956
Liabilities in excess of other assets — (0.1%)				(21,580	)

NET ASSETS — 100.0%			$	33,409,376

*	Denotes a non-income producing security.

(a)	Investment in affiliate.

(b)	Represents 7-day effective yield as of July 31, 2013.

(c)	At July 31, 2013, the tax basis cost of the Fund’s investments was $32,297,520, tax unrealized appreciation and depreciation were $1,954,933 and $(821,497), respectively.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Destination 2010 Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.

At July 31, 2013, 100% of the market value of the Fund was determined based on Level 1 inputs.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Destination 2015 Fund



Mutual Funds 97.1%

	Shares		Market Value
Alternative Assets 23.0%
Nationwide Alternatives Allocation Fund, Institutional Class(a)		3,755,641	$	35,903,927

Total Alternative Assets (cost $37,000,293)				35,903,927


Equity Funds 45.1%
Nationwide International Index Fund, Institutional Class(a)		2,802,337		21,830,206
Nationwide Mid Cap Market Index Fund, Institutional Class(a)		698,556		12,518,122
Nationwide S&P 500 Index Fund, Institutional Class(a)		2,124,877		29,684,526
Nationwide Small Cap Index Fund, Institutional Class(a)		420,630		6,275,792

Total Equity Funds (cost $55,633,875)				70,308,646


Fixed Income Funds 28.0%
Nationwide Bond Index Fund, Institutional Class(a)		2,498,163		28,129,316
Nationwide Inflation-Protected Securities Fund, Institutional Class(a)		1,662,153		15,574,373

Total Fixed Income Funds (cost $45,843,704)				43,703,689


Money Market Fund 1.0%
Nationwide Money Market Fund, Institutional Class, 0.00% *(a)(b)		1,546,341		1,546,341

Total Money Market Fund (cost $1,546,341)				1,546,341

Total Mutual Funds (cost $140,024,213)				151,462,603


Exchange Traded Funds 3.0%

	Shares		Market Value
Fixed Income Funds 3.0%
iShares Barclays 1-3 Year Credit Bond Fund		22,157		2,331,803
iShares Barclays 1-3 Year Treasury Bond Fund		27,543		2,324,078

Total Exchange Traded Funds (cost $4,650,010)				4,655,881

Total Investments (cost $144,674,223) (c) — 100.1%				156,118,484
Liabilities in excess of other assets — (0.1%)				(82,375	)

NET ASSETS — 100.0%			$	156,036,109

*	Denotes a non-income producing security.

(a)	Investment in affiliate.

(b)	Represents 7-day effective yield as of July 31, 2013.

(c)	At July 31, 2013, the tax basis cost of the Fund’s investments was $146,280,699, tax unrealized appreciation and depreciation were $13,366,009 and $(3,528,224), respectively.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Destination 2015 Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.

At July 31, 2013, 100% of the market value of the Fund was determined based on Level 1 inputs.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Destination 2020 Fund



Mutual Funds 97.2%

	Shares		Market Value
Alternative Assets 18.8%
Nationwide Alternatives Allocation Fund, Institutional Class(a)		4,558,631	$	43,580,511

Total Alternative Assets (cost $44,842,435)				43,580,511


Equity Funds 55.7%
Nationwide International Index Fund, Institutional Class(a)		5,681,699		44,260,434
Nationwide Mid Cap Market Index Fund, Institutional Class(a)		1,189,266		21,311,646
Nationwide S&P 500 Index Fund, Institutional Class(a)		3,684,272		51,469,285
Nationwide Small Cap Index Fund, Institutional Class(a)		806,459		12,032,373

Total Equity Funds (cost $103,259,165)				129,073,738


Fixed Income Funds 22.7%
Nationwide Bond Index Fund, Institutional Class(a)		3,476,845		39,149,272
Nationwide Inflation-Protected Securities Fund, Institutional Class(a)		1,447,720		13,565,141

Total Fixed Income Funds (cost $55,099,615)				52,714,413

Total Mutual Funds (cost $203,201,215)				225,368,662


Exchange Traded Funds 2.9%

	Shares		Market Value
Fixed Income Funds 2.9%
iShares Barclays 1-3 Year Credit Bond Fund		31,829		3,349,684
iShares Barclays 1-3 Year Treasury Bond Fund		39,660		3,346,511

Total Exchange Traded Funds (cost $6,693,837)				6,696,195

Total Investments (cost $209,895,052) (b) — 100.1%				232,064,857
Liabilities in excess of other assets — (0.1%)				(116,603	)

NET ASSETS — 100.0%			$	231,948,254

(a)	Investment in affiliate.

(b)	At July 31, 2013, the tax basis cost of the Fund’s investments was $211,849,678, tax unrealized appreciation and depreciation were $24,106,824 and $(3,891,645), respectively.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Destination 2020 Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.

At July 31, 2013, 100% of the market value of the Fund was determined based on Level 1 inputs.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Destination 2025 Fund



Mutual Funds 98.2%

	Shares		Market Value
Alternative Assets 17.9%
Nationwide Alternatives Allocation Fund, Institutional Class(a)		4,269,662	$	40,817,966

Total Alternative Assets (cost $41,963,827)				40,817,966


Equity Funds 66.3%
Nationwide International Index Fund, Institutional Class(a)		6,423,817		50,041,531
Nationwide Mid Cap Market Index Fund, Institutional Class(a)		1,408,879		25,247,103
Nationwide S&P 500 Index Fund, Institutional Class(a)		4,085,015		57,067,653
Nationwide Small Cap Index Fund, Institutional Class(a)		1,233,601		18,405,330

Total Equity Funds (cost $120,885,955)				150,761,617


Fixed Income Funds 14.0%
Nationwide Bond Index Fund, Institutional Class(a)		2,017,390		22,715,808
Nationwide Inflation-Protected Securities Fund, Institutional Class(a)		963,992		9,032,604

Total Fixed Income Funds (cost $33,169,918)				31,748,412

Total Mutual Funds (cost $196,019,700)				223,327,995


Exchange Traded Funds 1.9%

	Shares		Market Value
Fixed Income Funds 1.9%
iShares Barclays 1-3 Year Credit Bond Fund		20,802		2,189,203
iShares Barclays 1-3 Year Treasury Bond Fund		25,917		2,186,876

Total Exchange Traded Funds (cost $4,378,338)				4,376,079

Total Investments (cost $200,398,038) (b) — 100.1%				227,704,074
Liabilities in excess of other assets — (0.1%)				(121,374	)

NET ASSETS — 100.0%			$	227,582,700

(a)	Investment in affiliate.

(b)	At July 31, 2013, the tax basis cost of the Fund’s investments was $202,192,651, tax unrealized appreciation and depreciation were $28,223,474 and $(2,712,051), respectively.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Destination 2025 Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.

At July 31, 2013, 100% of the market value of the Fund was determined based on Level 1 inputs.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Destination 2030 Fund



Mutual Funds 98.1%

	Shares		Market Value
Alternative Assets 14.0%
Nationwide Alternatives Allocation Fund, Institutional Class(a)		3,503,396	$	33,492,469

Total Alternative Assets (cost $34,445,843)				33,492,469


Equity Funds 75.1%
Nationwide International Index Fund, Institutional Class(a)		7,069,448		55,070,997
Nationwide Mid Cap Market Index Fund, Institutional Class(a)		1,616,306		28,964,195
Nationwide S&P 500 Index Fund, Institutional Class(a)		4,970,935		69,443,963
Nationwide Small Cap Index Fund, Institutional Class(a)		1,769,681		26,403,643

Total Equity Funds (cost $139,486,699)				179,882,798


Fixed Income Funds 9.0%
Nationwide Bond Index Fund, Institutional Class(a)		1,494,898		16,832,547
Nationwide Inflation-Protected Securities Fund, Institutional Class(a)		510,121		4,779,835

Total Fixed Income Funds (cost $22,488,282)				21,612,382

Total Mutual Funds (cost $196,420,824)				234,987,649


Exchange Traded Funds 2.0%

	Shares		Market Value
Fixed Income Funds 2.0%
iShares Barclays 1-3 Year Credit Bond Fund		22,461		2,363,796
iShares Barclays 1-3 Year Treasury Bond Fund		27,974		2,360,446

Total Exchange Traded Funds (cost $4,727,117)				4,724,242

Total Investments (cost $201,147,941) (b) — 100.1%				239,711,891
Liabilities in excess of other assets — (0.1%)				(121,551	)

NET ASSETS — 100.0%			$	239,590,340

(a)	Investment in affiliate.

(b)	At July 31, 2013, the tax basis cost of the Fund’s investments was $204,112,277, tax unrealized appreciation and depreciation were $37,560,376 and $(1,960,762), respectively.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Destination 2030 Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.

At July 31, 2013, 100% of the market value of the Fund was determined based on Level 1 inputs.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Destination 2035 Fund



Mutual Funds 99.1%

	Shares		Market Value
Alternative Assets 12.0%
Nationwide Alternatives Allocation Fund, Institutional Class(a)		1,895,750	$	18,123,365

Total Alternative Assets (cost $18,564,525)				18,123,365


Equity Funds 83.1%
Nationwide International Index Fund, Institutional Class(a)		5,042,014		39,277,288
Nationwide Mid Cap Market Index Fund, Institutional Class(a)		1,097,623		19,669,398
Nationwide S&P 500 Index Fund, Institutional Class(a)		3,352,589		46,835,674
Nationwide Small Cap Index Fund, Institutional Class(a)		1,315,976		19,634,360

Total Equity Funds (cost $100,785,703)				125,416,720


Fixed Income Fund 4.0%
Nationwide Bond Index Fund, Institutional Class(a)		537,592		6,053,284

Total Fixed Income Fund (cost $6,272,687)				6,053,284

Total Mutual Funds (cost $125,622,915)				149,593,369


Exchange Traded Fund 1.0%

	Shares		Market Value
Fixed Income Fund 1.0%
iShares Barclays 1-3 Year Credit Bond Fund		14,431		1,518,719

Total Exchange Traded Fund (cost $1,519,301)				1,518,719

Total Investments (cost $127,142,216) (b) — 100.1%				151,112,088
Liabilities in excess of other assets — (0.1)%				(77,211	)

NET ASSETS — 100.0%			$	151,034,877

(a)	Investment in affiliate.

(b)	At July 31, 2013, the tax basis cost of the Fund’s investments was $128,604,963, tax unrealized appreciation and depreciation were $23,206,507 and $(699,382), respectively.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Destination 2035 Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.

At July 31, 2013, 100% of the market value of the Fund was determined based on Level 1 inputs.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Destination 2040 Fund



Mutual Funds 99.0%

	Shares		Market Value
Alternative Assets 10.0%
Nationwide Alternatives Allocation Fund, Institutional Class(a)		1,269,880	$	12,140,049

Total Alternative Assets (cost $12,389,200)				12,140,049


Equity Funds 87.0%
Nationwide International Index Fund, Institutional Class(a)		4,369,682		34,039,819
Nationwide Mid Cap Market Index Fund, Institutional Class(a)		951,744		17,055,259
Nationwide S&P 500 Index Fund, Institutional Class(a)		2,701,027		37,733,345
Nationwide Small Cap Index Fund, Institutional Class(a)		1,141,808		17,035,773

Total Equity Funds (cost $84,089,017)				105,864,196


Fixed Income Fund 2.0%
Nationwide Bond Index Fund, Institutional Class(a)		216,878		2,442,050

Total Fixed Income Fund (cost $2,526,622)				2,442,050

Total Mutual Funds (cost $99,004,839)				120,446,295


Exchange Traded Fund 1.0%

	Shares		Market Value
Fixed Income Fund 1.0%
iShares Barclays 1-3 Year Credit Bond Fund		11,632		1,224,152

Total Exchange Traded Fund (cost $1,224,543)				1,224,152

Total Investments (cost $100,229,382) (b) — 100.0%				121,670,447
Liabilities in excess of other assets — 0.0%†				(57,453	)

NET ASSETS — 100.0%			$	121,612,994

(a)	Investment in affiliate.

(b)	At July 31, 2013, the tax basis cost of the Fund’s investments was $101,448,353, tax unrealized appreciation and depreciation were $20,574,630 and $(352,536), respectively.† Amount rounds to less than 0.1%.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Destination 2040 Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.

At July 31, 2013, 100% of the market value of the Fund was determined based on Level 1 inputs.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Destination 2045 Fund



Mutual Funds 99.1%

	Shares		Market Value
Alternative Assets 10.0%
Nationwide Alternatives Allocation Fund, Institutional Class(a)		732,356	$	7,001,321

Total Alternative Assets (cost $7,102,402)				7,001,321


Equity Funds 88.1%
Nationwide International Index Fund, Institutional Class(a)		2,522,686		19,651,725
Nationwide Mid Cap Market Index Fund, Institutional Class(a)		548,930		9,836,832
Nationwide S&P 500 Index Fund, Institutional Class(a)		1,605,765		22,432,535
Nationwide Small Cap Index Fund, Institutional Class(a)		658,628		9,826,729

Total Equity Funds (cost $50,329,141)				61,747,821


Fixed Income Fund 1.0%
Nationwide Bond Index Fund, Institutional Class(a)		61,973		697,811

Total Fixed Income Fund (cost $724,343)				697,811

Total Mutual Funds (cost $58,155,886)				69,446,953


Exchange Traded Fund 1.0%

	Shares		Market Value
Fixed Income Fund 1.0%
iShares Barclays 1-3 Year Credit Bond Fund		6,617		696,373

Total Exchange Traded Fund (cost $696,719)				696,373

Total Investments (cost $58,852,605) (b) — 100.1%				70,143,326
Liabilities in excess of other assets — (0.1)%				(39,487	)

NET ASSETS — 100.0%			$	70,103,839

(a)	Investment in affiliate.

(b)	At July 31, 2013, the tax basis cost of the Fund’s investments was $59,513,560, tax unrealized appreciation and depreciation were $10,765,050 and $(135,284), respectively.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Destination 2045 Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.

At July 31, 2013, 100% of the market value of the Fund was determined based on Level 1 inputs.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Destination 2050 Fund



Mutual Funds 100.1%

	Shares		Market Value
Alternative Assets 12.0%
Nationwide Alternatives Allocation Fund, Institutional Class(a)		842,500	$	8,054,302

Total Alternative Assets (cost $8,234,143)				8,054,302


Equity Funds 88.1%
Nationwide International Index Fund, Institutional Class(a)		2,510,201		19,554,470
Nationwide Mid Cap Market Index Fund, Institutional Class(a)		527,171		9,446,912
Nationwide S&P 500 Index Fund, Institutional Class(a)		1,496,525		20,906,450
Nationwide Small Cap Index Fund, Institutional Class(a)		633,171		9,446,912

Total Equity Funds (cost $50,757,186)				59,354,744

Total Mutual Funds (cost $58,991,329)				67,409,046

Total Investments (cost $58,991,329) (b) — 100.1%				67,409,046
Liabilities in excess of other assets — (0.1)%				(37,014	)

NET ASSETS — 100.0%			$	67,372,032

(a)	Investment in affiliate.

(b)	At July 31, 2013, the tax basis cost of the Fund’s investments was $59,371,799, tax unrealized appreciation and depreciation were $8,224,883 and $(187,636), respectively.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Destination 2050 Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.

At July 31, 2013, 100% of the market value of the Fund was determined based on Level 1 inputs.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Destination 2055 Fund



Mutual Funds 100.0%

	Shares		Market Value
Alternative Assets 12.0%
Nationwide Alternatives Allocation Fund, Institutional Class(a)		123,949	$	1,184,955

Total Alternative Assets (cost $1,201,061)				1,184,955


Equity Funds 88.0%
Nationwide International Index Fund, Institutional Class(a)		368,451		2,870,233
Nationwide Mid Cap Market Index Fund, Institutional Class(a)		82,914		1,485,825
Nationwide S&P 500 Index Fund, Institutional Class(a)		212,054		2,962,388
Nationwide Small Cap Index Fund, Institutional Class(a)		92,844		1,385,233

Total Equity Funds (cost $7,503,176)				8,703,679

Total Mutual Funds (cost $8,704,237)				9,888,634

Total Investments (cost $8,704,237) (b) — 100.0%				9,888,634
Liabilities in excess of other assets — 0.0%†				(4,713	)

NET ASSETS — 100.0%			$	9,883,921

(a)	Investment in affiliate.

(b)	At July 31, 2013, the tax basis cost of the Fund’s investments was $8,724,846, tax unrealized appreciation and depreciation were $1,180,167 and $(16,379), respectively.

†	Amount rounds to less than 0.1%.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Destination 2055 Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.

At July 31, 2013, 100% of the market value of the Fund was determined based on Level 1 inputs.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Enhanced Income Fund



Asset-Backed Securities 26.5%

	Principal Amount		Market Value
Automobiles 16.4%
Ally Auto Receivables Trust Series 2010-2, Class A4, 2.09%, 05/15/15	$	493,798	$	495,879
Series 2012-2, Class A2, 0.56%, 10/15/14		166,821		166,817
Series 2012-4, Class A3, 0.59%, 01/17/17		1,245,000		1,242,019
Series 2012-SN1, Class A3, 0.57%, 08/20/15		600,000		599,188
AmeriCredit Automobile Receivables Trust Series 2012-4, Class A3, 0.67%, 06/08/17		735,000		731,879
Series 2012-5, Class A2, 0.51%, 01/08/16		343,485		343,355
Series 2013-2, Class A2, 0.53%, 11/08/16		900,000		898,615
BMW Vehicle Lease Trust, Series 2013-1, Class A2, 0.40%, 01/20/15		2,500,000		2,496,015
BMW Vehicle Owner Trust, Series 2011-A, Class A3, 0.76%, 08/25/15		1,267,411		1,268,865
Capital Auto Receivables Asset Trust, Series 2013-1, Class A2, 0.62%, 07/20/16		1,000,000		997,768
CarMax Auto Owner Trust Series 2010-2, Class A4, 2.04%, 10/15/15		310,000		312,520
Series 2013-1, Class A2, 0.42%, 03/15/16		1,750,000		1,750,679
Series 2013-2, Class A2, 0.42%, 06/15/16		1,850,000		1,849,262
Ford Credit Auto Owner Trust Series 2009-E, Class A4, 2.42%, 11/15/14		719,086		720,535
Series 2012-B, Class A2, 0.57%, 01/15/15		197,805		197,814
Series 2013-B, Class A2, 0.38%, 02/15/16		1,400,000		1,399,685
Harley-Davidson Motorcycle Trust Series 2011-2, Class A3, 1.11%, 09/15/16		1,890,000		1,894,559
Series 2012-1, Class A3, 0.68%, 04/15/17		295,000		295,091
Series 2013-1, Class A2, 0.45%, 08/15/16		1,800,000		1,797,622
Honda Auto Receivables Owner Trust Series 2012-2, Class A2, 0.56%, 11/17/14		462,834		462,908
Series 2012-3, Class A3, 0.56%, 05/15/16		1,000,000		999,620
Series 2013-2, Class A2, 0.37%, 10/16/15		1,400,000		1,398,122
Huntington Auto Trust Series 2012-1, Class A2, 0.54%, 11/17/14		233,317		233,329
Series 2012-2, Class A3, 0.51%, 04/17/17		2,000,000		1,995,398
Hyundai Auto Lease Securitization Trust, Series 2013-A, Class A2, 0.51%, 09/15/15(a)		1,500,000		1,497,944
Hyundai Auto Receivables Trust Series 2009-A, Class A4, 3.15%, 03/15/16		220,374		221,312
Series 2011-B, Class A4, 1.65%, 02/15/17		1,250,000		1,263,541
Series 2012-A, Class A3, 0.72%, 03/15/16		190,328		190,531
Series 2012-B, Class A3, 0.62%, 09/15/16		1,000,000		1,000,632
Mercedes-Benz Auto Receivables Trust Series 2010-1, Class A3, 1.42%, 08/15/14		21,988		21,987
Series 2011-1, Class A4, 1.22%, 12/15/17		2,680,000		2,694,588
Series 2012-1, Class A3, 0.47%, 10/17/16		1,025,000		1,023,236
Nissan Auto Lease Trust, Series 2012-B, Class A3, 0.58%, 11/16/15		1,400,000		1,397,281
Nissan Auto Receivables Owner Trust Series 2012-A, Class A3, 0.73%, 05/16/16		275,000		275,450
Series 2012-B, Class A3, 0.46%, 10/17/16		1,400,000		1,397,224
Porsche Financial Auto Securitization Trust, Series 2011-1, Class A4, 1.19%, 12/17/18(a)		2,415,000		2,421,525
Porsche Innovative Lease Owner Trust, Series 2012-1, Class A3, 0.54%, 12/21/15(a)		940,000		938,150
Santander Drive Auto Receivables Trust, Series 2013-2, Class A2, 0.47%, 03/15/16		1,070,000		1,068,921
Toyota Auto Receivables Owner Trust Series 2011-A, Class A3, 0.98%, 10/15/14		103,688		103,795
Series 2012-A, Class A3, 0.75%, 02/16/16		675,000		676,203
Series 2012-B, Class A3, 0.46%, 07/15/16		1,435,000		1,432,254
USAA Auto Owner Trust, Series 2012-1, Class A3, 0.43%, 08/15/16		575,000		573,491
Volkswagen Auto Loan Enhanced Trust Series 2010-1, Class A4, 2.14%, 08/22/16		298,630		299,196

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Enhanced Income Fund



Asset-Backed Securities (continued)

	Principal Amount		Market Value
Automobiles (continued)
Volkswagen Auto Loan Enhanced Trust (continued)
Series 2011-1, Class A4, 1.98%, 09/20/17	$	1,000,000	$	1,014,262
World Omni Auto Receivables Trust Series 2010-A, Class A4, 2.21%, 05/15/15		751,912		754,032
Series 2011-A, Class A4, 1.91%, 04/15/16		1,100,000		1,111,882

				45,924,981


Credit Card 3.3%
American Express Credit Account Master Trust Series 2011-1, Class A, 0.36%, 04/17/17(b)		2,300,000		2,299,638
Series 2012-2, Class A, 0.68%, 03/15/18		1,450,000		1,449,672
BA Credit Card Trust, Series 2006-A7, Class A7, 0.23%, 12/15/16(b)		2,000,000		1,997,139
Capital One Multi-Asset Execution Trust, Series 2013-A2, Class A2, 0.37%, 02/15/19(b)		2,000,000		1,990,614
Chase Issuance Trust, Series 2013-A5, Class A, 0.47%, 05/15/17		1,500,000		1,492,326

				9,229,389


Electric Utilities 0.9%
AEP Texas Central Transition Funding LLC, Series A-3 5.09%, 07/01/15		2,497,157		2,600,096


Other 5.6%
CenterPoint Energy Restoration Bond Co. LLC, Series 2009-1, Class A1, 1.83%, 02/15/16		1,397,668		1,410,695
CenterPoint Energy Transition Bond Co. LLC, Series 2005-A, Class A3, 5.09%, 08/01/15		1,203,365		1,229,988
CNH Equipment Trust Series 2012-C, Class A2, 0.44%, 02/16/16		322,238		321,990
Series 2012-C, Class A3, 0.57%, 12/15/17		780,000		776,732
Series 2013-A, Class A2, 0.44%, 07/15/16		2,000,000		1,995,786
Entergy Gulf States Reconstruction Funding LLC, Series 2007-A, Class A2, 5.79%, 10/01/18		1,334,097		1,474,606
GE Equipment Midticket LLC, Series 2012-1, Class A3, 0.60%, 05/23/16		605,000		603,661
GE Equipment Transportation LLC Series 2011-1, Class A3, 1.00%, 10/20/14		364,826		364,947
Series 2013-1, Class A2, 0.50%, 11/24/15		735,000		733,612
John Deere Owner Trust Series 2011-A, Class A3, 1.29%, 01/15/16		574,031		575,213
Series 2012-B, Class A3, 0.53%, 07/15/16		2,000,000		1,995,952
Oncor Electric Delivery Transition Bond Co. LLC Series 2003-1, Class A4, 5.42%, 08/15/17		428,054		449,139
Series 2004-1, Class A3, 5.29%, 05/15/18		678,594		724,843
PSE&G Transition Funding LLC, Series 2001-1, Class A7, 6.75%, 06/15/16		1,170,000		1,204,476
Volvo Financial Equipment LLC, Series 2012-1A, Class A3, 0.91%, 08/17/15(a)		1,885,000		1,885,512

				15,747,152


Student Loan 0.3%
SLM Student Loan Trust, Series 2013-1, Class A1, 0.34%, 02/27/17(b)		830,419		828,545

Total Asset-Backed Securities (cost $74,636,287)				74,330,163


Collateralized Mortgage Obligations 15.5%

	Principal Amount		Market Value
Federal Home Loan Mortgage Corp. REMICS Series 3574, Class AC, 1.85%, 08/15/14		28,510		28,502
Series 3573, Class LC, 1.85%, 08/15/14		109,597		109,752
Series 3610, Class AB, 1.40%, 12/15/14		115,638		115,701
Series 3612, Class AE, 1.40%, 12/15/14		252,508		252,976
Series 3865, Class DA, 1.25%, 12/15/16		195,712		196,433
Series 3818, Class UA, 1.35%, 02/15/17		596,145		598,735
Series 3827, Class CA, 1.50%, 04/15/17		620,196		624,108
Series 3758, Class CD, 1.50%, 08/15/17		700,922		706,460
Series 2628, Class DQ, 3.00%, 11/15/17		191,582		192,979

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Enhanced Income Fund



Collateralized Mortgage Obligations (continued)

	Principal Amount		Market Value
Federal Home Loan Mortgage Corp. REMICS (continued) Series 2628, Class GQ, 3.14%, 11/15/17	$	239,478	$	241,318
Series 2629, Class AN, 3.50%, 01/15/18		347,420		353,571
Series 2629, Class AM, 4.00%, 01/15/18		178,673		182,398
Series 2555, Class B, 4.25%, 01/15/18		289,440		300,811
Series 3840, Class BA, 2.00%, 02/15/18		976,959		987,573
Series 2643, Class NT, 4.50%, 03/15/18		264,517		269,397
Series 2836, Class PX, 4.00%, 05/15/18		191,556		193,354
Series 3728, Class CA, 1.50%, 10/15/18		795,421		796,748
Series 3916, Class CD, 2.00%, 10/15/18		422,487		426,948
Series 3831, Class CG, 3.00%, 10/15/18		268,899		275,767
Series 3772, Class HC, 3.00%, 10/15/18		1,315,680		1,352,345
Series 3756, Class DA, 1.20%, 11/15/18		1,854,657		1,848,412
Series 3636, Class EB, 2.00%, 11/15/18		277,391		280,272
Series 2877, Class GP, 4.00%, 11/15/18		127,343		128,184
Series 3649, Class EA, 2.25%, 12/15/18		564,319		572,007
Series 3659, Class DE, 2.00%, 03/15/19		495,809		503,710
Series 2838, Class FB, 0.49%, 08/15/19(b)		218,950		218,875
Series 3683, Class AD, 2.25%, 06/15/20		276,457		278,885
Series 3846, Class CK, 1.50%, 09/15/20		1,300,756		1,306,854
Series 3815, Class BD, 3.00%, 10/15/20		1,459,086		1,503,413
Series 3799, Class GK, 2.75%, 01/15/21		344,910		353,863
Series 3815, Class DE, 3.00%, 10/15/21		775,814		797,996
Series 3609, Class LC, 3.50%, 12/15/24		855,232		888,754
Series 3639, Class AB, 2.75%, 02/15/25		583,031		599,094
Series 3773, Class AL, 3.25%, 06/15/25		1,529,539		1,590,238
Series 3845, Class ME, 3.00%, 09/15/25		595,282		614,419
Series 3943, Class CA, 3.00%, 10/15/25		519,737		535,614
Series 2071, Class F, 0.69%, 07/15/28(b)		841,546		845,241
Series 3919, Class AF, 0.54%, 03/15/30(b)		362,951		364,287
Series 2763, Class FA, 0.54%, 04/15/32(b)		945,850		951,139
Series 2763, Class FC, 0.54%, 04/15/32(b)		1,423,860		1,431,823
Series 3267, Class FB, 0.44%, 11/15/36(b)		1,647,106		1,649,294
Series 3260, Class PF, 0.49%, 01/15/37(b)		766,827		767,268
Federal National Mortgage Association REMICS Series 2002-7, Class QG, 5.50%, 03/25/17		195,995		205,340
Series 2002-16, Class XU, 5.50%, 04/25/17		732,059		762,775
Series 2002-55, Class QE, 5.50%, 09/25/17		1,191,439		1,251,299
Series 2003-49, Class TK, 3.50%, 03/25/18		400,284		408,963
Series 2003-59, Class GC, 4.50%, 03/25/18		203,616		207,158
Series 2003-35, Class FY, 0.59%, 05/25/18(b)		381,345		383,398
Series 2011-69, Class AB, 1.50%, 05/25/18		977,350		981,308
Series 2003-57, Class NB, 3.00%, 06/25/18		47,363		48,764
Series 2010-30, Class DB, 2.00%, 08/25/18		530,096		538,118
Series 2003-120, Class BL, 3.50%, 12/25/18		668,595		693,509
Series 2008-15, Class JM, 4.00%, 02/25/19		148,405		151,882
Series 2008-18, Class MD, 4.00%, 03/25/19		509,092		532,061
Series 2004-101, Class BG, 5.00%, 01/25/20		793,877		828,477
Series 2010-60, Class D, 2.50%, 06/25/20		473,548		483,096
Series 2007-36, Class AB, 5.00%, 11/25/21		522,439		542,102
Series 2008-15, Class EL, 4.25%, 06/25/22		545,114		560,628
Series 2011-79, Class HD, 2.00%, 12/25/22		1,429,438		1,433,949
Series 2009-88, Class EA, 4.50%, 05/25/23		166,317		168,783
Series 2009-44, Class A, 4.50%, 12/25/23		218,802		227,875
Series 2009-76, Class MA, 4.00%, 09/25/24		507,634		524,967
Series 2010-2, Class TF, 0.69%, 06/25/27(b)		410,000		411,671
Series 2003-86, Class OE, 5.00%, 03/25/32		196,240		200,290
Series 2003-14, Class AN, 3.50%, 03/25/33		98,151		101,317
Series 2004-60, Class FW, 0.64%, 04/25/34(b)		1,749,895		1,763,233
Series 2006-27, Class BF, 0.49%, 04/25/36(b)		1,663,800		1,670,511

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Enhanced Income Fund



Collateralized Mortgage Obligations (continued)

	Principal Amount		Market Value
Federal National Mortgage Association REMICS (continued) Series 2010-41, Class AP, 4.50%, 09/25/38	$	127,425	$	129,429
Series 2009-34, Class GA, 4.00%, 05/25/39		634,289		666,664
Government National Mortgage Association Series 2004-48, Class F, 0.59%, 11/16/30(b)		76,063		76,099
Series 2009-25, Class BH, 4.25%, 01/20/35		681,071		706,566
Series 2010-67, Class DA, 2.50%, 04/20/36		453,689		461,271
Series 2009-57, Class BA, 2.25%, 06/16/39		156,176		157,851

Total Collateralized Mortgage Obligations (cost $43,637,525)				43,514,872


Commercial Mortgage Backed Securities 6.3%

	Principal Amount		Market Value
Banc of America Merrill Lynch Commercial Mortgage, Inc. Series 2005-3, Class A2, 4.50%, 07/10/43		347,847		358,086
Series 2005-5, Class ASB, 5.05%, 10/10/45(b)		306,697		314,162
Citigroup Commercial Mortgage Trust, Series 2012-GC8, Class A1, 0.69%, 09/10/45		938,550		931,232
Commercial Mortgage Pass Through Certificates Series 2012-CR1, Class A1, 1.12%, 05/15/45		785,813		785,672
Series 2012-CR2, Class A1, 0.82%, 08/15/45		665,952		662,542
Series 2012-CR3, Class A1, 0.67%, 11/15/45		612,668		606,866
Series 2012-LC4, Class A1, 1.16%, 12/10/44		217,294		217,302
Credit Suisse First Boston Mortgage Securities Corp., Series 2005-C5, Class A3, 5.10%, 08/15/38(b)		65,697		65,649
FDIC Commercial Mortgage Trust, Series 2012-C1, Class A, 0.84%, 05/25/35(a)(b)		1,320,013		1,317,641
GS Mortgage Securities Corp. II, Series 2012-GCJ7, Class A1, 1.14%, 05/10/45		1,605,947		1,602,888
JPMorgan Chase Commercial Mortgage Securities Corp. Series 2005-LDP2, Class A3, 4.70%, 07/15/42		367,443		366,970
Series 2012-C8, Class A1, 0.71%, 10/15/45		993,849		984,020
Series 2012-CBX, Class A1, 0.96%, 06/15/45		682,683		681,617
Morgan Stanley Bank of America Merrill Lynch Trust Series 2012-C5, Class A1, 0.92%, 08/15/45		568,824		566,717
Series 2012-C6, Class A1, 0.66%, 11/15/45		612,986		607,477
UBS-Barclays Commercial Mortgage Trust, Series 2012-C3, Class A1, 0.73%, 08/10/49		1,707,674		1,694,080
Wachovia Bank Commercial Mortgage Trust Series 2005-C17, Class APB, 5.04%, 03/15/42		304,598		307,862
Series 2005-C20, Class APB, 5.09%, 07/15/42(b)		151,804		152,659
Series 2006-C23, Class A4, 5.42%, 01/15/45(b)		2,494,679		2,695,199
Wells Fargo Commercial Mortgage Trust, Series 2012-LC5, Class A1, 0.69%, 10/15/45		1,747,638		1,733,551
WF-RBS Commercial Mortgage Trust Series 2012-C8, Class A1, 0.86%, 08/15/45		208,280		206,909
Series 2012-C9, Class A1, 0.67%, 11/15/45		876,586		868,095

Total Commercial Mortgage Backed Securities (cost $17,920,438)				17,727,196


Corporate Bonds 41.6%

	Principal Amount		Market Value
Aerospace & Defense 0.2%
United Technologies Corp., 0.77%, 06/01/15(b)		620,000		624,224


Beverages 2.0%
Coca-Cola Co. (The), 3.63%, 03/15/14		1,150,000		1,173,748
Heineken NV, 0.80%, 10/01/15(a)		580,000		578,748
PepsiCo, Inc., 3.75%, 03/01/14		900,000		916,875
SABMiller Holdings, Inc., 1.85%, 01/15/15(a)		2,200,000		2,237,213
SABMiller PLC, 5.50%, 08/15/13(a)		560,000		560,767

				5,467,351


Capital Markets 2.3%
Goldman Sachs Group, Inc. (The) 5.15%, 01/15/14		1,925,000		1,960,751
3.30%, 05/03/15		825,000		852,035
Morgan Stanley 0.57%, 01/09/14(b)		1,100,000		1,097,952
2.88%, 01/24/14		1,625,000		1,641,217
6.00%, 05/13/14		100,000		103,802
UBS AG, 2.25%, 08/12/13		727,000		727,080

				6,382,837


Chemicals 0.6%
Airgas, Inc., 4.50%, 09/15/14		550,000		572,266
Ecolab, Inc. 2.38%, 12/08/14		629,000		641,841
1.00%, 08/09/15		560,000		560,877

				1,774,984

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Enhanced Income Fund



Corporate Bonds (continued)

	Principal Amount		Market Value
Commercial Banks 7.6%
Bank of New York Mellon Corp. (The), 0.70%, 10/23/15	$	1,080,000	$	1,077,360
Bank of Nova Scotia 2.38%, 12/17/13		265,000		267,085
0.75%, 10/09/15		310,000		309,094
0.79%, 07/15/16(b)		1,950,000		1,952,308
BB&T Corp., 1.13%, 06/15/18(b)		3,600,000		3,610,387
Canadian Imperial Bank of Commerce 1.45%, 09/13/13		500,000		500,713
0.90%, 10/01/15		105,000		105,234
0.79%, 07/18/16(b)		2,750,000		2,754,070
Capital One Financial Corp., 0.91%, 11/06/15(b)		525,000		524,052
Credit Suisse, 5.50%, 05/01/14		1,225,000		1,270,095
JPMorgan Chase Bank NA, 0.51%, 07/30/15(b)		2,500,000		2,500,100
PNC Funding Corp., 5.40%, 06/10/14		600,000		624,395
Wells Fargo & Co., 1.20%, 06/26/15(b)		3,505,000		3,543,092
Westpac Banking Corp. 4.20%, 02/27/15		750,000		790,548
1.13%, 09/25/15		1,460,000		1,466,902

				21,295,435


Communications Equipment 0.5%
Cisco Systems, Inc., 1.63%, 03/14/14		1,375,000		1,386,514


Computers & Peripherals 0.9%
Hewlett-Packard Co. 1.25%, 09/13/13		400,000		400,317
2.35%, 03/15/15		2,200,000		2,236,654

				2,636,971


Consumer Finance 3.1%
American Express Credit Corp. Series C, 7.30%, 08/20/13		400,000		401,128
5.13%, 08/25/14		1,500,000		1,570,798
1.75%, 06/12/15		30,000		30,511
American Honda Finance Corp. 0.73%, 05/08/14(a)(b)		360,000		360,495
0.67%, 06/18/14(a)(b)		345,000		345,412
1.00%, 08/11/15(a)		515,000		517,044
Ford Motor Credit Co. LLC, 7.00%, 10/01/13		2,775,000		2,801,469
John Deere Capital Corp. 4.90%, 09/09/13		500,000		502,197
0.42%, 04/25/14(b)		350,000		350,204
PACCAR Financial Corp., 0.52%, 06/05/14(b)		700,000		701,126
Toyota Motor Credit Corp., 1.38%, 08/12/13		1,000,000		1,000,207

				8,580,591


Diversified Financial Services 5.8%
Bank of America Corp. 7.38%, 05/15/14		2,010,000		2,110,748
4.50%, 04/01/15		455,000		478,678
3.70%, 09/01/15		160,000		167,116
Citigroup, Inc. 6.50%, 08/19/13		609,000		609,949
6.00%, 12/13/13		599,000		610,704
5.00%, 09/15/14		3,400,000		3,531,308
2.25%, 08/07/15		1,000,000		1,018,319
General Electric Capital Corp. 1.88%, 09/16/13		1,350,000		1,352,415
1.30%, 07/02/15(b)		1,335,000		1,352,448
1.63%, 07/02/15		800,000		811,234
2.25%, 11/09/15		335,000		343,417
0.88%, 12/11/15(b)		480,000		483,411
Harley-Davidson Financial Services, Inc. 1.15%, 09/15/15(a)		150,000		149,621
3.88%, 03/15/16(a)		640,000		680,666
JPMorgan Chase & Co., 3.70%, 01/20/15		2,500,000		2,607,833

				16,307,867


Diversified Telecommunication Services 1.1%
AT&T, Inc., 5.10%, 09/15/14		2,380,000		2,500,017
Telefonica Emisiones SAU, 4.95%, 01/15/15		550,000		574,167

				3,074,184


Electric Utilities 0.1%
Alabama Power Co., 0.55%, 10/15/15		305,000		304,196
NextEra Energy Capital Holdings, Inc., 1.20%, 06/01/15		75,000		75,458

				379,654


Food & Staples Retailing 0.5%
CVS Caremark Corp., 4.88%, 09/15/14		500,000		523,740
Walgreen Co., 1.00%, 03/13/15		845,000		847,538

				1,371,278


Food Products 0.2%
Campbell Soup Co., 0.57%, 08/01/14(b)		590,000		591,134


Gas Utilities 2.0%
Enterprise Products Operating LLC Series G, 5.60%, 10/15/14		420,000		443,802
3.70%, 06/01/15		1,500,000		1,574,575
1.25%, 08/13/15		940,000		945,612
Kinder Morgan Energy Partners LP, 5.13%, 11/15/14		2,565,000		2,707,368

				5,671,357


Health Care Providers & Services 1.9%
Express Scripts Holding Co., 2.75%, 11/21/14		2,500,000		2,560,309

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Enhanced Income Fund



Corporate Bonds (continued)

	Principal Amount		Market Value
Health Care Providers & Services (continued)
Medtronic, Inc., 4.50%, 03/15/14	$	1,200,000	$	1,229,688
UnitedHealth Group, Inc., 0.85%, 10/15/15		1,080,000		1,082,551
WellPoint, Inc., 1.25%, 09/10/15		530,000		534,051

				5,406,599


Household Products 0.2%
Kimberly-Clark Corp., 5.00%, 08/15/13		400,000		400,549


Industrial Conglomerates 0.1%
General Electric Co., 0.85%, 10/09/15		390,000		390,157


Insurance 1.7%
American International Group, Inc., 4.25%, 09/15/14		3,250,000		3,369,293
Prudential Financial, Inc. Series B, 4.75%, 04/01/14		635,000		652,035
4.75%, 09/17/15		670,000		723,644

				4,744,972


Media 2.3%
DIRECTV Holdings LLC/DIRECTV Financing Co., Inc., 4.75%, 10/01/14		2,625,000		2,741,473
NBCUniversal Media LLC 2.10%, 04/01/14		1,660,000		1,677,928
3.65%, 04/30/15		850,000		893,927
Time Warner Cable, Inc., 8.25%, 02/14/14		1,190,000		1,234,024

				6,547,352


Metals & Mining 0.6%
BHP Billiton Finance USA Ltd., 5.50%, 04/01/14		510,000		527,521
Freeport-McMoRan Copper & Gold, Inc., 1.40%, 02/13/15		580,000		580,861
Rio Tinto Finance USA Ltd., 8.95%, 05/01/14		430,000		455,553

				1,563,935


Office Electronics 0.9%
Xerox Corp., 8.25%, 05/15/14		2,487,000		2,629,289


Oil, Gas & Consumable Fuels 2.2%
Occidental Petroleum Corp., 1.45%, 12/13/13		1,175,000		1,180,045
Petrohawk Energy Corp., 7.25%, 08/15/18		2,000,000		2,185,000
Phillips 66, 1.95%, 03/05/15		175,000		178,045
Valero Energy Corp., 4.50%, 02/01/15		2,520,000		2,653,053

				6,196,143


Pharmaceuticals 1.9%
AbbVie, Inc., 1.03%, 11/06/15(a)(b)		1,475,000		1,477,999
Actavis, Inc., 5.00%, 08/15/14		600,000		624,533
Merck & Co., Inc., 0.63%, 05/18/18(b)		3,325,000		3,331,368

				5,433,900


Road & Rail 0.3%
Penske Truck Leasing Co./PTL Finance Corp., 2.50%, 07/11/14(a)		644,444		654,299
Ryder System, Inc., 3.15%, 03/02/15		150,000		154,713

				809,012


Software 1.1%
Oracle Corp., 0.85%, 01/15/19(b)		3,000,000		3,014,606


Specialty Retail 1.0%
AutoZone, Inc., 5.75%, 01/15/15		2,520,000		2,697,592


Wireless Telecommunication Services 0.5%
Cellco Partnership/Verizon Wireless Capital LLC, 5.55%, 02/01/14		1,225,000		1,253,021

Total Corporate Bonds (cost $116,431,032)				116,631,508


Municipal Bond 0.8%

	Principal Amount		Market Value
Louisiana 0.8%
Louisiana Public Facilities Authority, Series 2008, 5.75%, 02/01/19		2,058,816		2,171,515

Total Municipal Bond (cost $2,252,898)				2,171,515


U.S. Government Mortgage Backed Agencies 0.1%

	Principal Amount		Market Value
Federal Home Loan Mortgage Corp. Gold Pool
Pool# E00678 6.50%, 06/01/14		2,955		3,011
Pool# B17493 4.00%, 12/01/14		214,553		226,152
Pool# E00991 6.00%, 07/01/16		9,658		10,173

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Enhanced Income Fund



U.S. Government Mortgage Backed Agencies (continued)

	Principal Amount		Market Value
Federal National Mortgage Association Pool
Pool# 253845 6.00%, 06/01/16	$	13,264	$	13,939
Pool# 254089 6.00%, 12/01/16		24,044		25,460
Pool# 545415 6.00%, 01/01/17		20,082		21,239
Pool# 254195 5.50%, 02/01/17		45,248		47,527
Pool# 625178 5.50%, 02/01/17		39,340		41,323

Total U.S. Government Mortgage Backed Agencies (cost $371,339)				388,824


U.S. Government Sponsored & Agency Obligations 3.6%

	Principal Amount		Market Value
Federal Home Loan Banks 0.50%, 12/13/13		2,500,000		2,502,932
Federal Home Loan Mortgage Corp. 4.13%, 09/27/13		2,500,000		2,515,674
Federal National Mortgage Association 1.25%, 08/20/13		2,500,000		2,501,458
1.00%, 09/23/13		2,500,000		2,503,236

Total U.S. Government Sponsored & Agency Obligations (cost $10,018,902)				10,023,300


Yankee Dollar 0.7%

	Principal Amount		Market Value
Gas Utilities 0.7%
TransCanada PipeLines Ltd., 0.95%, 06/30/16(b)		2,000,000		2,004,668

Total Yankee Dollar (cost $2,000,000)				2,004,668


Mutual Fund 4.8%

	Shares		Market Value
Money Market Fund 4.8%
Fidelity Institutional Money Market Fund - Institutional Class, 0.11% (c)		13,497,122		13,497,122

Total Mutual Fund (cost $13,497,122)				13,497,122

Total Investments (cost $280,765,543) (d) — 99.9%				280,289,168
Other assets in excess of liabilities — 0.1%				287,526

NET ASSETS — 100.0%			$	280,576,694

(a)

(b)	Variable Rate Security. The rate reflected in the Statement of Investments is the rate in effect on July 31, 2013. The maturity date represents the actual maturity date.

(c)	Represents 7-day effective yield as of July 31, 2013.

(d)	At July 31, 2013, the tax basis cost of the Fund’s investments was $280,765,543, tax unrealized appreciation and depreciation were $370,473 and $(846,848), respectively.


AG		Stock Corporation
FDIC		Federal Deposit Insurance Corporation
LLC		Limited Liability Company
LP		Limited Partnership
Ltd.		Limited
NA		National Association
NV		Public Traded Company
PLC		Public Limited Company
REMICS		Real Estate Mortgage Investment Conduits
SAU		Single Shareholder Corporation

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Enhanced Income Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.


	Level 1		Level 2		Level 3		Total
Assets:
Asset-Backed Securities	$	—	$	74,330,163	$	—	$	74,330,163
Collateralized Mortgage Obligations		—		43,514,872		—		43,514,872
Commercial Mortgage Backed Securities		—		17,727,196		—		17,727,196
Corporate Bonds		—		116,631,508		—		116,631,508
Municipal Bond		—		2,171,515		—		2,171,515
Mutual Fund		13,497,122		—		—		13,497,122
U.S. Government Mortgage Backed Agencies		—		388,824		—		388,824
U.S. Government Sponsored & Agency Obligations		—		10,023,300		—		10,023,300
Yankee Dollar		—		2,004,668		—		2,004,668

Total	$	13,497,122	$	266,792,046	$	—	$	280,289,168

Amounts designated as “—”, which may include fair valued securities, are zero or have been rounded to zero.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Fund



Common Stocks 97.5%

	Shares		Market Value
Aerospace & Defense 3.2%
Boeing Co. (The)		159,400	$	16,752,940
Lockheed Martin Corp.		58,200		6,990,984

				23,743,924


Automobiles 0.8%
Ford Motor Co.		366,400		6,184,832


Beverages 4.8%
Beam, Inc.		171,000		11,113,290
Coca-Cola Co. (The)		603,900		24,204,312

				35,317,602


Biotechnology 1.3%
Biogen Idec, Inc.*		30,200		6,587,526
Celgene Corp.*		18,600		2,731,596

				9,319,122


Capital Markets 4.1%
Goldman Sachs Group, Inc. (The)		136,100		22,324,483
Invesco Ltd.		233,800		7,526,022

				29,850,505


Chemicals 3.6%
Monsanto Co.		59,300		5,857,654
PPG Industries, Inc.		81,400		13,059,816
Praxair, Inc.		63,600		7,642,812

				26,560,282


Commercial Banks 5.1%
Regions Financial Corp.		694,400		6,950,944
Wells Fargo & Co.		708,900		30,837,150

				37,788,094


Commercial Services & Supplies 0.4%
Tyco International Ltd.		82,600		2,875,306


Communications Equipment 4.4%
Cisco Systems, Inc.		345,500		8,827,525
QUALCOMM, Inc.		359,100		23,179,905

				32,007,430


Computers & Peripherals 1.4%
Apple, Inc.		23,400		10,588,500


Construction & Engineering 0.5%
Quanta Services, Inc.*		141,300		3,788,253


Consumer Finance 1.1%
Discover Financial Services		167,500		8,292,925


Diversified Financial Services 0.6%
Citigroup, Inc.		82,600		4,306,764


Diversified Telecommunication Services 0.8%
Verizon Communications, Inc.		116,300		5,754,524


Electric Utilities 1.2%
Great Plains Energy, Inc.		372,200		9,003,518


Electronic Equipment, Instruments & Components 0.5%
FLIR Systems, Inc.		118,600		3,850,942


Food Products 1.5%
Hillshire Brands Co.		323,400		11,386,914


Health Care Equipment & Supplies 3.3%
Abbott Laboratories		480,400		17,597,052
Boston Scientific Corp.*		604,900		6,605,508

				24,202,560


Health Care Providers & Services 1.1%
Cardinal Health, Inc.		50,000		2,504,500
McKesson Corp.		44,200		5,421,572

				7,926,072


Hotels, Restaurants & Leisure 3.0%
McDonald’s Corp.		74,400		7,297,152
Starbucks Corp.		69,800		4,972,552
Starwood Hotels & Resorts Worldwide, Inc.		146,500		9,690,975

				21,960,679


Household Products 3.3%
Procter & Gamble Co. (The)		298,900		24,001,670


Independent Power Producers & Energy Traders 0.3%
AES Corp. (The)		181,500		2,257,860


Industrial Conglomerates 2.5%
General Electric Co.		747,400		18,214,138


Information Technology Services 3.8%
Amdocs Ltd.		191,300		7,359,311
Cognizant Technology Solutions Corp., Class A*		147,300		10,663,047
Computer Sciences Corp.		131,400		6,262,524
CoreLogic, Inc.*		124,500		3,473,550

				27,758,432


Insurance 3.8%
Allied World Assurance Co. Holdings AG		46,500		4,401,225
Axis Capital Holdings Ltd.		104,900		4,569,444
Travelers Cos., Inc. (The)		223,300		18,656,715

				27,627,384


Internet & Catalog Retail 0.4%
Amazon.com, Inc.*		10,500		3,162,810


Internet Software & Services 2.4%
eBay, Inc.*		209,400		10,823,886
Google, Inc., Class A*		8,100		7,189,560

				18,013,446

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Fund



Common Stocks (continued)

	Shares		Market Value
Leisure Equipment & Products 0.4%
Mattel, Inc.		64,000	$	2,689,920


Machinery 2.2%
Crane Co.		45,400		2,764,860
Harsco Corp.		110,900		2,856,784
Ingersoll-Rand PLC		168,700		10,299,135

				15,920,779


Media 2.7%
Liberty Media Corp., Class A*		93,100		13,381,263
Time Warner, Inc.		103,500		6,443,910

				19,825,173


Multi-Utilities 2.7%
Ameren Corp.		236,900		8,483,389
DTE Energy Co.		164,000		11,594,800

				20,078,189


Office Electronics 0.8%
Xerox Corp.		599,100		5,811,270


Oil, Gas & Consumable Fuels 8.5%
Anadarko Petroleum Corp.		54,700		4,842,044
Cabot Oil & Gas Corp.		112,300		8,514,586
Chevron Corp.		190,800		24,019,812
EOG Resources, Inc.		50,000		7,274,500
Occidental Petroleum Corp.		92,700		8,254,935
Phillips 66		111,700		6,869,550
Southwestern Energy Co.*		61,700		2,393,343

				62,168,770


Pharmaceuticals 5.1%
AbbVie, Inc.		137,300		6,244,404
Allergan, Inc.		87,200		7,945,664
Eli Lilly & Co.		46,500		2,469,615
Pfizer, Inc.		716,700		20,949,141

				37,608,824


Real Estate Investment Trusts (REITs) 3.0%
Equity Lifestyle Properties, Inc.		55,900		2,151,591
General Growth Properties, Inc.		119,800		2,484,652
Prologis, Inc.		194,800		7,472,528
Vornado Realty Trust		117,500		9,965,175

				22,073,946


Road & Rail 3.0%
Union Pacific Corp.		141,300		22,408,767


Software 4.7%
Activision Blizzard, Inc.		233,800		4,203,724
Adobe Systems, Inc.*		102,400		4,841,472
Citrix Systems, Inc.*		41,900		3,017,638
Microsoft Corp.		407,400		12,967,542
Oracle Corp.		130,700		4,228,145
Rovi Corp.*		224,500		5,057,985

				34,316,506


Specialty Retail 2.6%
Home Depot, Inc. (The)		130,100		10,281,803
Lowe’s Cos., Inc.		114,000		5,082,120
Signet Jewelers Ltd.		48,600		3,553,146

				18,917,069


Textiles, Apparel & Luxury Goods 0.2%
NIKE, Inc., Class B		27,900		1,755,468


Tobacco 2.4%
Philip Morris International, Inc.		196,500		17,523,870

Total Common Stocks (cost $666,053,531)				716,843,039


Mutual Fund 2.4%

	Shares		Market Value
Money Market Fund 2.4%
Fidelity Institutional Money Market Fund - Institutional Class, 0.11% (a)		17,388,444		17,388,444

Total Mutual Fund (cost $17,388,444)				17,388,444

Total Investments (cost $683,441,975) (b) — 99.9%				734,231,483
Other assets in excess of liabilities — 0.1%				707,964

NET ASSETS — 100.0%			$	734,939,447

*	Denotes a non-income producing security.

(a)	Represents 7-day effective yield as of July 31, 2013.

(b)	At July 31, 2013, the tax basis cost of the Fund’s investments was $683,779,812, tax unrealized appreciation and depreciation were $55,105,013 and $(4,653,342), respectively.


AG		Stock Corporation
Ltd.		Limited
PLC		Public Limited Company
REIT		Real Estate Investment Trust

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Fund

At July 31, 2013, the Fund’s open futures contracts were as follows:


Number of Contracts	Long Contracts	Expiration		Notional Value Covered by Contracts		Unrealized Appreciation/ (Depreciation)
214	E-Mini S&P 500		09/20/13	$	17,981,350	$	371,516

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.

At July 31, 2013, 100% of the market value of the Fund was determined based on Level 1 inputs.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Fund

The Fund is subject to equity price risk in the normal course of pursuing its investment objectives. The Fund entered into financial futures contracts (“futures contracts”) to gain exposure to the value of equities. Futures contracts are contracts for delayed delivery of securities or currencies at a specific future date and at a specific price or currency amount.

Fair Values of Derivatives not Accounted for as Hedging Instruments as of July 31, 2013


Assets:		Fair Value
Futures Contracts
Equity risk	Unrealized appreciation from futures contracts	$	371,516

Total		$	371,516

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Government Bond Fund


Collateralized Mortgage Obligations 7.3%

	Principal Amount		Market Value
Federal Home Loan Mortgage Corp. REMICS Series 1684, Class I, 6.50%, 03/15/24	$	700,447	$	776,909
Series 2296, Class H, 6.50%, 03/15/31		49,174		55,336
Federal National Mortgage Association REMICS Series 1988-25, Class B, 9.25%, 10/25/18		3,388		3,698
Series 1990-7, Class B, 8.50%, 01/25/20		11,225		12,752
Series 1993-16, Class Z, 7.50%, 02/25/23		47,432		54,072
Series 1993-226, Class PK, 6.00%, 12/25/23		337,231		369,624
Series 2003-66, Class AP, 3.50%, 11/25/32		419,092		426,425
Series 2013-59, Class MX, 2.50%, 09/25/42		4,934,584		4,894,536

Total Collateralized Mortgage Obligations (cost $6,596,062)				6,593,352


Commercial Mortgage Backed Security 1.2%

	Principal Amount		Market Value
Federal National Mortgage Association REMICS, Series 1998-73, Class MZ, 6.30%, 10/17/38		1,079,717		1,100,297

Total Commercial Mortgage Backed Security (cost $1,084,736)				1,100,297


Sovereign Bond 7.9%

	Principal Amount		Market Value
ISRAEL 7.9%
Israel Government AID Bond, 5.50%, 12/04/23		6,000,000		7,156,973

Total Sovereign Bond (cost $7,371,741)				7,156,973


U.S. Government Mortgage Backed Agencies 31.9%

	Principal Amount		Market Value
Federal National Mortgage Association Pool
Pool# 383142 7.11%, 10/01/15		786,994		780,881
Pool# MA0598 3.50%, 12/01/20		4,514,717		4,741,511
Pool# 874740 6.32%, 07/01/22		1,659,612		1,942,416
Pool# 874982 6.81%, 11/01/25		1,644,239		1,874,987
Pool# 932840 3.50%, 12/01/25		4,830,288		5,063,877
Pool# AK7645 2.50%, 03/01/27		7,157,081		7,156,522
Pool# 385258 6.65%, 07/01/27		1,148,660		1,303,236
Pool# 387114 5.62%, 09/01/34		1,096,858		1,206,188
Pool# 773298 2.40%, 04/01/35(a)		1,906,322		2,029,876
Pool# 813605 2.30%, 07/01/36(a)		392,454		410,225
Pool# 745769 2.37%, 07/01/36(a)		2,187,606		2,317,316

Total U.S. Government Mortgage Backed Agencies (cost $28,117,967)				28,827,035


U.S. Government Sponsored & Agency Obligations 42.1%

	Principal Amount		Market Value
Federal Home Loan Banks 1.63%, 06/14/19		4,000,000		3,902,132
5.37%, 09/09/24		2,615,000		3,096,092
Federal Home Loan Mortgage Corp. 1.00%, 07/28/17		6,000,000		5,956,928
Federal National Mortgage Association 8.20%, 03/10/16		5,000,000		5,985,545
2.25%, 03/15/16		8,000,000		8,341,605
1.25%, 01/30/17		6,000,000		6,063,921
Financing Corp. (FICO) 0.00%, 10/05/17		4,966,000		4,683,860

Total U.S. Government Sponsored & Agency Obligations (cost $38,210,210)				38,030,083


U.S. Treasury Bonds 7.6%

	Principal Amount		Market Value
U.S. Treasury Inflation Indexed Bonds
1.38%, 07/15/18		1,000,000		1,188,950
0.13%, 01/15/23		2,500,000		2,459,531
2.50%, 01/15/29		1,000,000		1,335,712
0.63%, 02/15/43		2,250,000		1,891,083

Total U.S. Treasury Bonds (cost $7,870,858)				6,875,276

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Government Bond Fund



Mutual Fund 1.6%

	Shares		Market Value
Money Market Fund 1.6%
Fidelity Institutional Money Market Fund - Institutional Class, 0.11% (b)		1,445,702	$	1,445,702

Total Mutual Fund (cost $1,445,702)				1,445,702

Total Investments (cost $90,697,276) (c) — 99.6%				90,028,718
Other assets in excess of liabilities — 0.4%				351,327

NET ASSETS — 100.0%			$	90,380,045

(a)	Variable Rate Security. The rate reflected in the Statement of Investments is the rate in effect on July 31, 2013. The maturity date represents the actual maturity date.

(b)	Represents 7-day effective yield as of July 31, 2013.

(c)	At July 31, 2013, the tax basis cost of the Fund’s investments was $90,697,276, tax unrealized appreciation and depreciation were $1,294,514 and $(1,963,072), respectively.


AID		Agency for International Development
REMICS		Real Estate Mortgage Investment Conduits

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Government Bond Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.


	Level 1		Level 2		Level 3		Total
Assets:
Collateralized Mortgage Obligations	$	—	$	6,593,352	$	—	$	6,593,352
Commercial Mortgage Backed Security		—		1,100,297		—		1,100,297
Mutual Fund		1,445,702		—		—		1,445,702
Sovereign Bond		—		7,156,973		—		7,156,973
U.S. Government Mortgage Backed Agencies		—		28,827,035		—		28,827,035
U.S. Government Sponsored & Agency Obligations		—		38,030,083		—		38,030,083
U.S. Treasury Bonds		—		6,875,276		—		6,875,276

Total	$	1,445,702	$	88,583,016	$	—	$	90,028,718

Amounts designated as “—”, which may include fair valued securities, are zero or have been rounded to zero.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Growth Fund



Common Stocks 99.8%

	Shares		Market Value
Aerospace & Defense 4.5%
B/E Aerospace, Inc.*		30,000	$	2,091,300
Honeywell International, Inc.		51,300		4,256,874
Precision Castparts Corp.		15,000		3,325,800

				9,673,974


Auto Components 0.9%
Lear Corp.		28,500		1,974,195


Beverages 1.0%
Beam, Inc.		34,000		2,209,660


Biotechnology 4.9%
Biogen Idec, Inc.*		22,200		4,842,486
Gilead Sciences, Inc.*		94,000		5,776,300

				10,618,786


Capital Markets 1.4%
Affiliated Managers Group, Inc.*		17,000		3,065,950


Chemicals 3.3%
Eastman Chemical Co.		43,500		3,498,705
Monsanto Co.		36,500		3,605,470

				7,104,175


Communications Equipment 2.0%
Cisco Systems, Inc.		167,000		4,266,850


Computers & Peripherals 6.5%
Apple, Inc.		22,700		10,271,750
EMC Corp.		140,000		3,661,000

				13,932,750


Consumer Finance 1.5%
Discover Financial Services		65,000		3,218,150


Diversified Financial Services 3.1%
Citigroup, Inc.		66,000		3,441,240
IntercontinentalExchange, Inc.*(a)		18,000		3,284,100

				6,725,340


Electrical Equipment 3.6%
AMETEK, Inc.		74,000		3,424,720
Eaton Corp. PLC		45,000		3,102,750
Rockwell Automation, Inc.		11,850		1,147,672

				7,675,142


Electronic Equipment, Instruments & Components 0.7%
TE Connectivity Ltd.		27,700		1,413,808


Energy Equipment & Services 3.6%
Halliburton Co.		86,000		3,886,340
Schlumberger Ltd.		48,320		3,929,866

				7,816,206


Food & Staples Retailing 1.9%
Costco Wholesale Corp.		21,500		2,521,735
Whole Foods Market, Inc.		29,000		1,611,820

				4,133,555


Food Products 2.5%
Hershey Co. (The)		32,000		3,035,840
J.M. Smucker Co. (The)		20,500		2,306,660

				5,342,500


Health Care Equipment & Supplies 3.4%
Abbott Laboratories		65,000		2,380,950
Baxter International, Inc.		37,200		2,717,088
Cooper Cos., Inc. (The)(a)		17,500		2,228,625

				7,326,663


Health Care Providers & Services 1.3%
Catamaran Corp.*		54,000		2,851,200


Health Care Technology 0.8%
Cerner Corp.*		34,000		1,666,000


Hotels, Restaurants & Leisure 5.7%
Chipotle Mexican Grill, Inc.*		5,550		2,288,098
Las Vegas Sands Corp.		60,000		3,334,200
Starbucks Corp.		60,000		4,274,400
Starwood Hotels & Resorts Worldwide, Inc.		35,000		2,315,250

				12,211,948


Household Durables 0.9%
Lennar Corp., Class A		60,000		2,032,200


Household Products 1.7%
Colgate-Palmolive Co.		60,000		3,592,200


Information Technology Services 2.5%
Visa, Inc., Class A		30,100		5,328,001


Insurance 1.3%
Allstate Corp. (The)		30,000		1,529,400
MetLife, Inc.		26,770		1,296,203

				2,825,603


Internet & Catalog Retail 2.5%
Amazon.com, Inc.*		7,500		2,259,150
priceline.com, Inc.*		3,700		3,239,979

				5,499,129


Internet Software & Services 8.2%
eBay, Inc.*		90,000		4,652,100
Facebook, Inc., Class A*		122,200		4,500,626
Google, Inc., Class A*		9,600		8,520,960

				17,673,686


Life Sciences Tools & Services 0.5%
Covance, Inc.*		14,000		1,155,000


Machinery 1.1%
Pentair Ltd.		38,500		2,351,580

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Growth Fund



Common Stocks (continued)

	Shares		Market Value
Media 2.9%
Comcast Corp., Class A		45,000	$	2,028,600
Walt Disney Co. (The)		65,000		4,202,250

				6,230,850


Multiline Retail 1.0%
Dollar General Corp.*		40,000		2,186,800


Oil, Gas & Consumable Fuels 3.0%
Cobalt International Energy, Inc.*		55,500		1,601,175
Concho Resources, Inc.*		36,000		3,228,840
Southwestern Energy Co.*		42,500		1,648,575

				6,478,590


Personal Products 0.9%
Estee Lauder Cos., Inc. (The), Class A		30,000		1,969,500


Pharmaceuticals 2.4%
Bristol-Myers Squibb Co.		75,000		3,243,000
Roche Holding AG, ADR-CH		33,000		2,023,230

				5,266,230


Road & Rail 1.7%
Union Pacific Corp.		22,600		3,584,134


Semiconductors & Semiconductor Equipment 3.0%
Avago Technologies Ltd.		69,000		2,530,920
Broadcom Corp., Class A		59,000		1,626,630
Xilinx, Inc.		52,000		2,427,880

				6,585,430


Software 6.4%
Citrix Systems, Inc.*		27,200		1,958,944
Informatica Corp.*		33,500		1,278,695
Microsoft Corp.		70,000		2,228,100
Salesforce.com, Inc.*		90,000		3,937,500
ServiceNow, Inc.*		48,000		2,091,840
Tableau Software, Inc., Class A*		21,000		1,163,400
Workday, Inc., Class A*		16,000		1,092,640

				13,751,119


Specialty Retail 1.7%
Home Depot, Inc. (The)		47,000		3,714,410


Textiles, Apparel & Luxury Goods 3.8%
Adidas AG, ADR-DE		22,700		1,270,519
Michael Kors Holdings Ltd.*		60,000		4,040,400
Ralph Lauren Corp.		16,000		2,912,960

				8,223,879


Trading Companies & Distributors 1.0%
United Rentals, Inc.*(a)		38,500		2,206,820


Wireless Telecommunication Services 0.7%
SBA Communications Corp., Class A*		20,500		1,518,845

Total Common Stocks (cost $187,028,134)				215,400,858


Mutual Fund 0.5%

	Shares		Market Value
Money Market Fund 0.5%
Fidelity Institutional Money Market Fund - Institutional Class, 0.11% (b)		1,073,629		1,073,629

Total Mutual Fund (cost $1,073,629)				1,073,629


Repurchase Agreement 1.3%

	Principal Amount		Market Value
Credit Suisse (USA) LLC, 0.08%, dated 07/31/13, due 08/01/13, repurchase price $2,760,804, collateralized by U.S. Government Agency Securities ranging from 0.00% - 1.74%, maturing 07/15/18 - 05/04/37; total market value $2,816,035. (c)	$	2,760,798		2,760,798

Total Repurchase Agreement (cost $2,760,798)				2,760,798

Total Investments (cost $190,862,561) (d) — 101.6%				219,235,285
Liabilities in excess of other assets — (1.6%)				(3,465,104	)

NET ASSETS — 100.0%			$	215,770,181

*	Denotes a non-income producing security.

(a)

The security or a portion of this security is on loan at July 31, 2013. The total value of securities on loan at July 31, 2013 was $4,737,285, which was collateralized by repurchase agreements with a value of $2,760,798 and $1,995,571 of collateral in the form of U.S. Government Agency Securities, interest rates ranging from 0.25% - 3.63%, and maturity dates ranging from 01/31/14 - 08/15/19, a total value of $4,756,369.

(b)	Represents 7-day effective yield as of July 31, 2013.

(c)	The security was purchased with cash collateral held from securities on loan. The total value of securities purchased with cash collateral as of July 31, 2013 was $2,760,798.

(d)	At July 31, 2013, the tax basis cost of the Fund’s investments was $191,493,546, tax unrealized appreciation and depreciation were $31,164,462 and $(3,422,723), respectively.


ADR		American Depositary Receipt
AG		Stock Corporation
CH		Switzerland

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Growth Fund


DE		Germany
LLC		Limited Liability Company
Ltd.		Limited
PLC		Public Limited Company

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Growth Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.


	Level 1		Level 2		Level 3		Total
Assets:
Common Stocks
Aerospace & Defense	$	9,673,974	$	—	$	—	$	9,673,974
Auto Components		1,974,195		—		—		1,974,195
Beverages		2,209,660		—		—		2,209,660
Biotechnology		10,618,786		—		—		10,618,786
Capital Markets		3,065,950		—		—		3,065,950
Chemicals		7,104,175		—		—		7,104,175
Communications Equipment		4,266,850		—		—		4,266,850
Computers & Peripherals		13,932,750		—		—		13,932,750
Consumer Finance		3,218,150		—		—		3,218,150
Diversified Financial Services		6,725,340		—		—		6,725,340
Electrical Equipment		7,675,142		—		—		7,675,142
Electronic Equipment, Instruments & Components		1,413,808		—		—		1,413,808
Energy Equipment & Services		7,816,206		—		—		7,816,206
Food & Staples Retailing		4,133,555		—		—		4,133,555
Food Products		5,342,500		—		—		5,342,500
Health Care Equipment & Supplies		7,326,663		—		—		7,326,663
Health Care Providers & Services		2,851,200		—		—		2,851,200
Health Care Technology		1,666,000		—		—		1,666,000

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Growth Fund


	Level 1		Level 2		Level 3		Total
Assets: (continued)
Common Stocks (continued)
Hotels, Restaurants & Leisure	$	12,211,948	$	—	$	—	$	12,211,948
Household Durables		2,032,200		—		—		2,032,200
Household Products		3,592,200		—		—		3,592,200
Information Technology Services		5,328,001		—		—		5,328,001
Insurance		2,825,603		—		—		2,825,603
Internet & Catalog Retail		5,499,129		—		—		5,499,129
Internet Software & Services		17,673,686		—		—		17,673,686
Life Sciences Tools & Services		1,155,000		—		—		1,155,000
Machinery		2,351,580		—		—		2,351,580
Media		6,230,850		—		—		6,230,850
Multiline Retail		2,186,800		—		—		2,186,800
Oil, Gas & Consumable Fuels		6,478,590		—		—		6,478,590
Personal Products		1,969,500		—		—		1,969,500
Pharmaceuticals		5,266,230		—		—		5,266,230
Road & Rail		3,584,134		—		—		3,584,134
Semiconductors & Semiconductor Equipment		6,585,430		—		—		6,585,430
Software		13,751,119		—		—		13,751,119
Specialty Retail		3,714,410		—		—		3,714,410
Textiles, Apparel & Luxury Goods		6,953,360		1,270,519		—		8,223,879
Trading Companies & Distributors		2,206,820		—		—		2,206,820
Wireless Telecommunication Services		1,518,845		—		—		1,518,845

Total Common Stocks	$	214,130,339	$	1,270,519	$	—	$	215,400,858

Mutual Fund		1,073,629		—		—		1,073,629
Repurchase Agreement		—		2,760,798		—		2,760,798

Total	$	215,203,968	$	4,031,317	$	—	$	219,235,285

Amounts designated as “—”, which may include fair valued securities, are zero or have been rounded to zero.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Inflation-Protected Securities Fund



U.S. Treasury Bonds 97.6%

	Principal Amount		Market Value
U.S. Treasury Inflation Indexed Bonds
1.25%, 04/15/14	$	3,500,000	$	3,906,625
2.00%, 07/15/14		10,250,000		13,076,647
1.88%, 07/15/15		16,500,000		21,044,826
0.13%, 04/15/16		22,750,000		24,751,763
0.13%, 04/15/17		24,750,000		26,232,364
1.13%, 01/15/21		20,000,000		22,978,113
0.63%, 07/15/21		19,700,000		21,229,455
0.13%, 07/15/22		20,000,000		19,993,496
2.38%, 01/15/25		13,300,000		19,692,550
3.63%, 04/15/28		8,350,000		16,678,564
3.88%, 04/15/29		4,800,000		9,777,300
2.13%, 02/15/41		9,900,000		12,664,966

Total U.S. Treasury Bonds (cost $228,261,906)				212,026,669


Mutual Fund 2.3%

	Shares		Market Value
Money Market Fund 2.3%
Fidelity Institutional Money Market Fund - Institutional Class, 0.11% (a)		5,049,639		5,049,639

Total Mutual Fund (cost $5,049,639)				5,049,639

Total Investments (cost $233,311,545) (b) — 99.9%				217,076,308
Other assets in excess of liabilities — 0.1%				129,056

NET ASSETS — 100.0%			$	217,205,364

(a)	Represents 7-day effective yield as of July 31, 2013.

(b)	At July 31, 2013, the tax basis cost of the Fund’s investments was $233,311,545, tax unrealized appreciation and depreciation were $0 and $(16,235,237), respectively.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Inflation-Protected Securities Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.


	Level 1		Level 2		Level 3		Total
Assets:
Mutual Fund	$	5,049,639	$	—	$	—	$	5,049,639
U.S. Treasury Bonds		—		212,026,669		—		212,026,669

Total	$	5,049,639	$	212,026,669	$	—	$	217,076,308

Amounts designated as “—”, which may include fair valued securities, are zero or have been rounded to zero.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide International Index Fund



Common Stocks 98.7%

	Shares		Market Value
AUSTRALIA 7.7%
Air Freight & Logistics 0.0%†
Toll Holdings Ltd.(a)		93,307	$	446,634


Airlines 0.0%†
Qantas Airways Ltd.*		148,548		168,177


Beverages 0.1%
Coca-Cola Amatil Ltd.		79,425		916,729
Treasury Wine Estates Ltd.		91,860		393,616

				1,310,345


Biotechnology 0.3%
CSL Ltd.(a)		70,237		4,168,162


Capital Markets 0.1%
Macquarie Group Ltd.		42,157		1,661,568


Chemicals 0.1%
Incitec Pivot Ltd.		230,903		545,647
Orica Ltd.		51,034		829,147

				1,374,794


Commercial Banks 2.8%
Australia & New Zealand Banking Group Ltd.		385,122		10,289,584
Bendigo and Adelaide Bank Ltd.(a)		54,466		522,506
Commonwealth Bank of Australia		225,847		15,053,967
National Australia Bank Ltd.		328,809		9,226,350
Westpac Banking Corp.		435,646		12,085,162

				47,177,569


Commercial Services & Supplies 0.1%
Brambles Ltd.		216,878		1,768,262


Construction & Engineering 0.0%†
Leighton Holdings Ltd.		24,785		367,735


Construction Materials 0.0%†
Boral Ltd.(a)		104,859		399,366


Containers & Packaging 0.1%
Amcor Ltd.		168,355		1,599,966


Diversified Financial Services 0.1%
ASX Ltd.		27,732		867,527


Diversified Telecommunication Services 0.2%
Telstra Corp., Ltd.		606,857		2,719,142


Electric Utilities 0.0%†
SP AusNet		238,266		252,573


Energy Equipment & Services 0.0%†
WorleyParsons Ltd.		29,376		581,197


Food & Staples Retailing 0.6%
Metcash Ltd.(a)		126,683		392,657
Wesfarmers Ltd.		142,123		5,180,021
Woolworths Ltd.		173,789		5,204,378

				10,777,056


Gas Utilities 0.0%†
APA Group(a)		117,425		633,314


Health Care Equipment & Supplies 0.0%†
Cochlear Ltd.		7,953		436,390


Health Care Providers & Services 0.1%
Ramsay Health Care Ltd.		18,300		605,431
Sonic Healthcare Ltd.		52,565		676,435

				1,281,866


Hotels, Restaurants & Leisure 0.1%
Crown Ltd.		55,808		641,640
Echo Entertainment Group Ltd.		107,945		254,490
Flight Centre Ltd.(a)		7,812		318,513
Tabcorp Holdings Ltd.		99,954		293,593
Tatts Group Ltd.		189,277		542,573

				2,050,809


Information Technology Services 0.0%†
Computershare Ltd.		68,477		602,043


Insurance 0.5%
AMP Ltd.		403,569		1,638,684
Insurance Australia Group Ltd.		290,017		1,514,063
QBE Insurance Group Ltd.(a)		168,635		2,490,554
Suncorp Group Ltd.		179,373		2,063,479

				7,706,780


Metals & Mining 1.2%
Alumina Ltd.*		335,730		292,214
BHP Billiton Ltd.		450,776		14,093,389
Fortescue Metals Group Ltd.(a)		220,341		723,422
Iluka Resources Ltd.		59,178		585,165
Newcrest Mining Ltd.		106,634		1,174,561
Rio Tinto Ltd.		60,692		3,138,765

				20,007,516


Multiline Retail 0.0%†
Harvey Norman Holdings Ltd.		81,377		194,381


Multi-Utilities 0.1%
AGL Energy Ltd.		77,239		1,009,698


Oil, Gas & Consumable Fuels 0.4%
Caltex Australia Ltd.(a)		18,105		304,355
Origin Energy Ltd.		152,030		1,631,562
Santos Ltd.		133,295		1,635,604
Whitehaven Coal Ltd.(a)		70,100		123,826
Woodside Petroleum Ltd.		91,821		3,100,584

				6,795,931


Professional Services 0.0%†
ALS Ltd.(a)		47,341		360,816
Seek Ltd.(a)		45,735		387,569

				748,385

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Index Fund



Common Stocks (continued)

	Shares		Market Value
AUSTRALIA (continued)
Real Estate Investment Trusts (REITs) 0.6%
BGP Holdings PLC*(b)		1,554,139	$	0
CFS Retail Property Trust Group		312,656		575,915
Dexus Property Group		712,348		671,472
Federation Centres Ltd.		203,428		428,112
Goodman Group		240,399		1,019,145
GPT Group		248,717		817,782
Mirvac Group		528,028		777,953
Stockland(a)		307,687		989,763
Westfield Group		299,728		3,022,978
Westfield Retail Trust		428,113		1,157,097

				9,460,217


Real Estate Management & Development 0.0%†
Lend Lease Group		76,413		601,872


Road & Rail 0.1%
Asciano Ltd.(a)		137,280		626,298
Aurizon Holdings Ltd.		284,878		1,162,004

				1,788,302


Transportation Infrastructure 0.1%
Sydney Airport		26,416		85,240
Transurban Group(a)		197,294		1,201,648

				1,286,888

				130,244,465


AUSTRIA 0.3%
Commercial Banks 0.1%
Erste Group Bank AG(a)		36,189		1,097,189
Raiffeisen Bank International AG(a)		7,081		214,904

				1,312,093


Diversified Telecommunication Services 0.0%†
Telekom Austria AG		32,611		226,543


Electric Utilities 0.0%†
Verbund AG		9,093		179,154


Insurance 0.0%†
Vienna Insurance Group AG Wiener Versicherung Gruppe		5,867		302,981


Machinery 0.0%†
Andritz AG		10,214		552,018


Metals & Mining 0.1%
Voestalpine AG		15,441		592,371


Oil, Gas & Consumable Fuels 0.1%
OMV AG		21,008		929,367


Real Estate Investment Trusts (REITs) 0.0%†
Immoeast AG*(b)		52,445		0


Real Estate Management & Development 0.0%†
Immofinanz AG*		132,637		543,226

				4,637,753


BELGIUM 1.1%
Beverages 0.6%
Anheuser-Busch InBev NV		112,772		10,844,314


Chemicals 0.1%
Solvay SA		8,264		1,120,220
Umicore SA		16,614		747,895

				1,868,115


Commercial Banks 0.1%
KBC Groep NV		31,479		1,267,301


Diversified Financial Services 0.1%
Groupe Bruxelles Lambert SA		11,051		896,932


Diversified Telecommunication Services 0.0%†
Belgacom SA		21,466		525,421


Food & Staples Retailing 0.1%
Colruyt SA		10,638		606,631
Delhaize Group SA		14,290		942,868

				1,549,499


Insurance 0.1%
Ageas		32,230		1,290,983


Media 0.0%†
Telenet Group Holding NV		6,966		337,280


Pharmaceuticals 0.0%†
UCB SA		15,079		868,260

				19,448,105


BERMUDA 0.1%
Energy Equipment & Services 0.1%
Seadrill Ltd.		52,447		2,241,917


CHINA 0.0%†
Communications Equipment 0.0%†
AAC Technologies Holdings, Inc.*		104,500		486,251


Machinery 0.0%†
Yangzijiang Shipbuilding Holdings Ltd.(a)		284,166		208,927

				695,178


DENMARK 1.1%
Beverages 0.1%
Carlsberg A/S, Class B		14,926		1,478,280


Biotechnology 0.1%
Novozymes A/S, Class B		31,676		1,085,755


Commercial Banks 0.1%
Danske Bank A/S*		91,449		1,683,315


Diversified Telecommunication Services 0.0%†
TDC A/S		104,531		914,699


Health Care Equipment & Supplies 0.1%
Coloplast A/S, Class B		16,067		938,586
William Demant Holding A/S*		3,554		312,995

				1,251,581


Insurance 0.0%†
Tryg A/S		3,656		331,383


Marine 0.1%
AP Moeller - Maersk A/S, Class A		77		569,457
AP Moeller - Maersk A/S, Class B		185		1,450,707

				2,020,164


Pharmaceuticals 0.6%
Novo Nordisk A/S, Class B		57,169		9,699,637

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Index Fund



Common Stocks (continued)

	Shares		Market Value
DENMARK (continued)
Road & Rail 0.0%†
DSV A/S		26,704	$	699,823

				19,164,637


FINLAND 0.8%
Auto Components 0.1%
Nokian Renkaat OYJ		15,662		695,606


Communications Equipment 0.1%
Nokia OYJ*(a)		522,206		2,064,505


Diversified Financial Services 0.0%†
Pohjola Bank PLC, Class A		20,155		349,094


Diversified Telecommunication Services 0.0%†
Elisa OYJ		19,698		424,158


Electric Utilities 0.1%
Fortum OYJ		61,849		1,223,349


Food & Staples Retailing 0.0%†
Kesko OYJ, Class B		9,503		298,878


Insurance 0.2%
Sampo OYJ, Class A		58,429		2,558,985


Machinery 0.2%
Kone OYJ, Class B		21,717		1,617,444
Metso OYJ		18,125		638,558
Wartsila OYJ Abp		24,903		1,128,941

				3,384,943


Oil, Gas & Consumable Fuels 0.0%†
Neste Oil OYJ(a)		16,903		244,249


Paper & Forest Products 0.1%
Stora Enso OYJ, Class R		76,005		563,851
UPM-Kymmene OYJ		71,962		801,137

				1,364,988


Pharmaceuticals 0.0%†
Orion OYJ, Class B		13,417		328,431

				12,937,186


FRANCE 9.4%
Aerospace & Defense 0.5%
European Aeronautic Defence and Space Co. NV		82,369		4,932,665
Safran SA		34,987		2,054,595
Thales SA		12,489		643,135
Zodiac Aerospace		4,712		684,577

				8,314,972


Auto Components 0.2%
Cie Generale des Etablissements Michelin		25,420		2,549,050


Automobiles 0.1%
Renault SA		26,815		2,112,741


Beverages 0.2%
Pernod Ricard SA		29,565		3,527,598
Remy Cointreau SA		3,713		384,502

				3,912,100


Building Products 0.2%
Compagnie de Saint-Gobain		55,588		2,582,008


Chemicals 0.4%
Air Liquide SA		44,010		5,842,393
Arkema SA		8,831		885,022

				6,727,415


Commercial Banks 0.9%
BNP Paribas SA		139,519		9,046,030
Credit Agricole SA*		139,471		1,331,370
Natixis		131,830		673,645
Societe Generale SA		97,816		3,935,418

				14,986,463


Commercial Services & Supplies 0.1%
Edenred		28,595		916,407
Societe BIC SA		4,012		445,657

				1,362,064


Construction & Engineering 0.3%
Bouygues SA		26,778		784,112
Vinci SA		65,520		3,544,034

				4,328,146


Construction Materials 0.1%
Imerys SA		4,678		309,295
Lafarge SA		26,045		1,666,072

				1,975,367


Diversified Financial Services 0.0%†
Eurazeo		4,071		261,553
Wendel SA		4,594		531,152

				792,705


Diversified Telecommunication Services 0.4%
Iliad SA		3,172		748,368
Orange SA		258,427		2,548,881
Vivendi SA		168,571		3,604,501

				6,901,750


Electric Utilities 0.1%
Electricite de France SA		34,190		1,002,213


Electrical Equipment 0.5%
Alstom SA		30,624		1,036,262
Legrand SA		34,999		1,813,539
Schneider Electric SA		74,127		5,905,020

				8,754,821


Energy Equipment & Services 0.1%
CGG*		22,361		564,509
Technip SA		14,000		1,544,739

				2,109,248


Food & Staples Retailing 0.2%
Carrefour SA		84,152		2,578,201
Casino Guichard Perrachon SA		7,857		809,087

				3,387,288


Food Products 0.4%
Danone SA		80,170		6,349,109


Health Care Equipment & Supplies 0.2%
Essilor International SA		28,675		3,209,222


Hotels, Restaurants & Leisure 0.1%
Accor SA		22,958		865,374
Sodexo		13,139		1,200,140

				2,065,514


Information Technology Services 0.1%
AtoS		7,629		573,895
Cap Gemini SA		20,405		1,116,027

				1,689,922

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Index Fund



Common Stocks (continued)

	Shares		Market Value
FRANCE (continued)
Insurance 0.4%
AXA SA		253,180	$	5,580,449
CNP Assurances		22,507		380,647
SCOR SE		20,553		654,963

				6,616,059


Machinery 0.0%†
Vallourec SA		14,647		865,146


Media 0.2%
Eutelsat Communications SA		20,785		580,926
JCDecaux SA		8,908		285,312
Lagardere SCA		16,218		513,897
Publicis Groupe SA		24,718		1,994,147

				3,374,282


Multi-Utilities 0.3%
GDF Suez		184,977		3,879,768
Suez Environnement Co.		38,998		553,307
Veolia Environnement SA		47,284		636,558

				5,069,633


Oil, Gas & Consumable Fuels 0.9%
Total SA		298,846		15,925,041


Personal Products 0.3%
L’Oreal SA		34,009		5,700,983


Pharmaceuticals 1.0%
Sanofi		167,525		17,537,148


Professional Services 0.1%
Bureau Veritas SA		31,120		923,776


Real Estate Investment Trusts (REITs) 0.3%
Fonciere des Regions REG		3,804		312,046
Gecina SA		3,031		371,177
ICADE		3,128		282,852
Klepierre		14,191		615,684
Unibail-Rodamco SE		13,233		3,215,175

				4,796,934


Software 0.1%
Dassault Systemes SA		8,759		1,151,421


Textiles, Apparel & Luxury Goods 0.6%
Christian Dior SA		7,611		1,348,696
Kering		10,536		2,416,264
LVMH Moet Hennessy Louis Vuitton SA		35,804		6,517,384

				10,282,344


Trading Companies & Distributors 0.0%†
Rexel SA		21,262		517,143


Transportation Infrastructure 0.1%
Aeroports de Paris		3,985		411,735
Groupe Eurotunnel SA REG		78,776		618,012

				1,029,747

				158,901,775


GERMANY 8.0%
Air Freight & Logistics 0.2%
Deutsche Post AG REG		126,353		3,533,338


Airlines 0.0%†
Deutsche Lufthansa AG REG*		32,226		645,801


Auto Components 0.1%
Continental AG		15,268		2,404,239


Automobiles 0.9%
Bayerische Motoren Werke AG		46,113		4,513,487
Daimler AG REG		134,891		9,357,600
Volkswagen AG		4,187		951,481

				14,822,568


Capital Markets 0.4%
Deutsche Bank AG REG		143,633		6,479,773


Chemicals 1.1%
BASF SE		128,918		11,425,806
K+S AG REG(a)		23,940		591,333
Lanxess AG		11,523		721,270
Linde AG		26,147		5,036,769

				17,775,178


Commercial Banks 0.1%
Commerzbank AG*		135,531		1,153,701


Construction & Engineering 0.0%†
Hochtief AG		4,090		311,516


Construction Materials 0.1%
HeidelbergCement AG		19,631		1,512,383


Diversified Financial Services 0.1%
Deutsche Boerse AG		26,921		1,907,215


Diversified Telecommunication Services 0.3%
Deutsche Telekom AG REG		397,327		4,831,488
Telefonica Deutschland Holding AG		40,331		276,244

				5,107,732


Electrical Equipment 0.0%†
Osram Licht AG*		11,009		429,123


Food & Staples Retailing 0.0%†
Metro AG		18,165		626,792


Food Products 0.0%†
Suedzucker AG*(a)		11,671		381,251


Health Care Providers & Services 0.3%
Celesio AG		11,369		256,922
Fresenius Medical Care AG & Co. KGaA		29,612		1,869,828
Fresenius SE & Co. KGaA		17,355		2,184,780

				4,311,530


Household Products 0.1%
Henkel AG & Co. KGaA		18,133		1,502,690


Industrial Conglomerates 0.7%
Siemens AG REG		111,293		12,223,450


Insurance 0.9%
Allianz SE REG		64,004		9,973,835
Hannover Rueckversicherung SE REG		8,441		626,935
Muenchener Rueckversicherungs AG REG		25,361		5,036,005

				15,636,775


Internet Software & Services 0.0%†
United Internet AG REG		15,242		497,858

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Index Fund



Common Stocks (continued)

	Shares		Market Value
GERMANY (continued)
Machinery 0.1%
GEA Group AG		24,853	$	1,027,122
MAN SE(a)		4,781		545,032

				1,572,154


Media 0.1%
Axel Springer AG(a)		5,446		285,132
Kabel Deutschland Holding AG		12,344		1,389,772

				1,674,904


Metals & Mining 0.1%
ThyssenKrupp AG*		53,800		1,168,789


Multi-Utilities 0.4%
E.ON SE		250,816		4,258,633
RWE AG		68,207		2,054,351

				6,312,984


Personal Products 0.1%
Beiersdorf AG		14,053		1,299,539


Pharmaceuticals 0.9%
Bayer AG REG		116,067		13,491,046
Merck KGaA		9,016		1,489,659

				14,980,705


Semiconductors & Semiconductor Equipment 0.1%
Infineon Technologies AG		151,756		1,346,668


Software 0.6%
SAP AG		129,339		9,476,860


Textiles, Apparel & Luxury Goods 0.2%
Adidas AG		29,156		3,249,873
Hugo Boss AG		4,502		522,703

				3,772,576


Trading Companies & Distributors 0.1%
Brenntag AG		7,242		1,191,907


Transportation Infrastructure 0.0%†
Fraport AG Frankfurt Airport Services Worldwide		4,937		319,612

				134,379,611


GREECE 0.0%†
Diversified Telecommunication Services 0.0%†
Hellenic Telecommunications Organization SA*		35,337		319,053


Hotels, Restaurants & Leisure 0.0%†
OPAP SA		30,891		277,235

				596,288


GUERNSEY, CHANNEL ISLANDS 0.1%
Insurance 0.1%
Resolution Ltd.		194,671		957,997


HONG KONG 2.9%
Airlines 0.0%†
Cathay Pacific Airways Ltd.		182,000		336,491


Commercial Banks 0.2%
Bank of East Asia Ltd.(a)		171,550		643,072
BOC Hong Kong Holdings Ltd.		516,600		1,620,706
Hang Seng Bank Ltd.(a)		106,700		1,632,011

				3,895,789


Diversified Financial Services 0.2%
First Pacific Co., Ltd.		330,750		373,786
Hong Kong Exchanges and Clearing Ltd.(a)		145,200		2,256,052

				2,629,838


Diversified Telecommunication Services 0.0%†
HKT Trust/HKT Ltd.		319,000		311,668
PCCW Ltd.		548,000		249,395

				561,063


Electric Utilities 0.3%
Cheung Kong Infrastructure Holdings Ltd.		88,500		611,023
CLP Holdings Ltd.		247,000		2,047,615
Power Assets Holdings Ltd.		194,800		1,748,841

				4,407,479


Gas Utilities 0.1%
Hong Kong & China Gas Co., Ltd.(a)		820,513		2,102,116


Hotels, Restaurants & Leisure 0.3%
Galaxy Entertainment Group Ltd.*		303,000		1,594,802
Sands China Ltd.		337,100		1,821,953
Shangri-La Asia Ltd.		215,333		338,500
SJM Holdings Ltd.		270,000		676,049

				4,431,304


Industrial Conglomerates 0.2%
Hopewell Holdings Ltd.		76,569		242,624
Hutchison Whampoa Ltd.		297,500		3,355,539
NWS Holdings Ltd.		191,500		293,640

				3,891,803


Insurance 0.5%
AIA Group Ltd.		1,690,800		8,003,128


Marine 0.0%†
Orient Overseas International Ltd.(a)		33,938		188,053


Real Estate Investment Trusts (REITs) 0.1%
Link REIT (The)		318,051		1,553,009


Real Estate Management & Development 0.8%
Cheung Kong Holdings Ltd.		194,000		2,723,035
Hang Lung Properties Ltd.		311,000		1,006,746
Henderson Land Development Co., Ltd.		149,379		930,353
Hysan Development Co., Ltd.		91,673		388,983
Kerry Properties Ltd.		85,000		349,424
New World Development Co., Ltd.		519,018		757,032
Sino Land Co., Ltd.		418,200		589,977
Sun Hung Kai Properties Ltd.		224,700		2,995,372
Swire Pacific Ltd., Class A		94,500		1,114,596
Swire Properties Ltd.(a)		166,000		487,529
Wharf Holdings Ltd.		211,270		1,815,270
Wheelock & Co., Ltd.		128,000		665,658

				13,823,975


Road & Rail 0.1%
MTR Corp., Ltd.		205,714		764,859


Semiconductors & Semiconductor Equipment 0.0%†
ASM Pacific Technology Ltd.(a)		34,300		372,483

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Index Fund



Common Stocks (continued)

	Shares		Market Value
HONG KONG (continued)
Textiles, Apparel & Luxury Goods 0.1%
Li & Fung Ltd.(a)		827,200	$	1,093,190
Yue Yuen Industrial Holdings Ltd.		103,000		283,339

				1,376,529


Trading Companies & Distributors 0.0%†
Noble Group Ltd.		624,014		438,427

				48,776,346


IRELAND 0.7%
Airlines 0.0%†
Ryanair Holdings PLC		26,414		244,333


Biotechnology 0.1%
Elan Corp. PLC*		65,950		1,008,534


Commercial Banks 0.0%†
Bank of Ireland*(a)		2,976,935		670,773
Irish Bank Resolution Corp., Ltd.*(b)		122,522		0

				670,773


Construction Materials 0.2%
CRH PLC		103,081		2,166,242
James Hardie Industries PLC, CDI(a)		61,354		509,636

				2,675,878


Food Products 0.1%
Kerry Group PLC, Class A		20,755		1,275,206


Pharmaceuticals 0.2%
Shire PLC		78,341		2,857,997


Professional Services 0.1%
Experian PLC		140,245		2,629,739

				11,362,460


ISRAEL 0.5%
Chemicals 0.1%
Israel Chemicals Ltd.		63,284		504,643
Israel Corp., Ltd. (The)*		345		161,739

				666,382


Commercial Banks 0.1%
Bank Hapoalim BM		147,960		707,540
Bank Leumi Le-Israel BM*		174,122		584,187
Mizrahi Tefahot Bank Ltd.*		18,702		199,434

				1,491,161


Diversified Telecommunication Services 0.0%†
Bezeq The Israeli Telecommunication Corp., Ltd.		280,662		453,361


Oil, Gas & Consumable Fuels 0.0%†
Delek Group Ltd.		608		170,738


Pharmaceuticals 0.3%
Teva Pharmaceutical Industries Ltd.		119,522		4,750,230


Semiconductors & Semiconductor Equipment 0.0%†
Mellanox Technologies Ltd.*		4,954		223,430


Software 0.0%†
NICE Systems Ltd.		7,901		305,812

				8,061,114


ITALY 2.0%
Aerospace & Defense 0.0%†
Finmeccanica SpA*		54,315		284,160


Auto Components 0.0%†
Pirelli & C. SpA		34,045		447,078


Automobiles 0.1%
Fiat SpA*		124,273		990,875


Capital Markets 0.0%†
Mediobanca SpA		72,914		449,190


Commercial Banks 0.4%
Banca Monte dei Paschi di Siena SpA*(a)		882,045		241,735
Intesa Sanpaolo SpA		1,621,850		3,093,758
UniCredit SpA		605,270		3,306,170
Unione di Banche Italiane SCPA		117,855		502,385

				7,144,048


Diversified Financial Services 0.0%†
Exor SpA		9,449		311,507


Diversified Telecommunication Services 0.1%
Telecom Italia SpA		1,411,805		968,511
Telecom Italia SpA - RSP		857,384		451,800

				1,420,311


Electric Utilities 0.2%
Enel SpA		916,965		3,068,363
Terna Rete Elettrica Nazionale SpA		212,023		947,017

				4,015,380


Electrical Equipment 0.0%†
Prysmian SpA		28,793		585,387


Energy Equipment & Services 0.1%
Saipem SpA		36,587		779,934


Gas Utilities 0.1%
Snam SpA		284,342		1,343,817


Independent Power Producers & Energy Traders 0.0%†
Enel Green Power SpA		248,339		552,783


Insurance 0.2%
Assicurazioni Generali SpA		162,717		3,218,845


Machinery 0.1%
Fiat Industrial SpA		119,426		1,474,458


Oil, Gas & Consumable Fuels 0.5%
Eni SpA		357,556		7,897,390


Textiles, Apparel & Luxury Goods 0.1%
Luxottica Group SpA		23,366		1,237,928

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Index Fund



Common Stocks (continued)

	Shares		Market Value
ITALY (continued)
Transportation Infrastructure 0.1%
Atlantia SpA		47,072	$	896,150

				33,049,241


JAPAN 21.5%
Air Freight & Logistics 0.1%
Yamato Holdings Co., Ltd.		53,200		1,166,302


Airlines 0.0%†
ANA Holdings, Inc.		163,000		335,653
Japan Airlines Co., Ltd.		8,587		455,380

				791,033


Auto Components 0.7%
Aisin Seiki Co., Ltd.		26,200		1,037,902
Bridgestone Corp.		92,300		3,268,049
Denso Corp.		69,100		3,136,568
Koito Manufacturing Co., Ltd.		14,000		269,955
NGK Spark Plug Co., Ltd.		24,000		476,118
NHK Spring Co., Ltd.		20,400		236,580
NOK Corp.		13,600		216,337
Stanley Electric Co., Ltd.		20,100		389,038
Sumitomo Rubber Industries Ltd.		22,900		381,067
Toyoda Gosei Co., Ltd.		9,600		235,660
Toyota Boshoku Corp.		8,600		124,389
Toyota Industries Corp.		23,000		944,141
Yokohama Rubber Co., Ltd. (The)		30,000		295,321

				11,011,125


Automobiles 2.6%
Daihatsu Motor Co., Ltd.		27,000		593,471
Fuji Heavy Industries Ltd.		83,000		2,043,587
Honda Motor Co., Ltd.		228,900		8,478,703
Isuzu Motors Ltd.		163,000		1,155,734
Mazda Motor Corp.*		374,300		1,559,524
Mitsubishi Motors Corp.*(a)		59,199		779,665
Nissan Motor Co., Ltd.		346,400		3,617,173
Suzuki Motor Corp.		50,700		1,212,234
Toyota Motor Corp.		387,000		23,549,217
Yamaha Motor Co., Ltd.		38,600		517,052

				43,506,360


Beverages 0.2%
Asahi Group Holdings Ltd.		54,000		1,375,536
Coca-Cola West Co., Ltd.		8,900		172,878
Kirin Holdings Co., Ltd.		122,000		1,803,785
Suntory Beverage & Food Ltd.*		17,300		609,590

				3,961,789


Building Products 0.2%
Asahi Glass Co., Ltd.		138,600		896,414
Daikin Industries Ltd.		32,500		1,350,267
LIXIL Group Corp.		37,900		888,735
TOTO Ltd.		41,200		420,023

				3,555,439


Capital Markets 0.4%
Daiwa Securities Group, Inc.		231,200		1,961,315
Nomura Holdings, Inc.		506,100		3,844,977
SBI Holdings, Inc.		27,170		284,294

				6,090,586


Chemicals 0.8%
Air Water, Inc.		20,000		293,013
Asahi Kasei Corp.		174,200		1,101,679
Daicel Corp.		38,000		327,074
Hitachi Chemical Co., Ltd.		15,600		262,479
JSR Corp.		24,800		447,681
Kaneka Corp.		41,500		280,636
Kansai Paint Co., Ltd.		36,000		466,422
Kuraray Co., Ltd.		48,200		657,382
Mitsubishi Chemical Holdings Corp.		193,500		907,935
Mitsubishi Gas Chemical Co., Inc.		53,000		391,787
Mitsui Chemicals, Inc.		102,100		235,870
Nitto Denko Corp.		23,010		1,296,199
Shin-Etsu Chemical Co., Ltd.		57,200		3,563,585
Showa Denko KK		213,000		286,429
Sumitomo Chemical Co., Ltd.		209,200		687,685
Taiyo Nippon Sanso Corp.		36,000		253,686
Teijin Ltd.		124,800		270,605
Toray Industries, Inc.		204,300		1,300,609
Ube Industries Ltd.		140,000		265,410

				13,296,166


Commercial Banks 2.2%
Aozora Bank Ltd.		149,000		460,291
Bank of Kyoto Ltd. (The)		45,000		359,341
Bank of Yokohama Ltd. (The)		166,000		909,798
Chiba Bank Ltd. (The)		106,300		735,437
Chugoku Bank Ltd. (The)		26,000		337,597
Fukuoka Financial Group, Inc.		108,600		489,242
Gunma Bank Ltd. (The)		54,000		305,280
Hachijuni Bank Ltd. (The)		58,000		340,279
Hiroshima Bank Ltd. (The)		71,000		295,123
Hokuhoku Financial Group, Inc.		170,000		320,422
Iyo Bank Ltd. (The)		34,000		324,317
Joyo Bank Ltd. (The)		91,000		489,506
Mitsubishi UFJ Financial Group, Inc.		1,788,584		11,094,599
Mizuho Financial Group, Inc.		3,216,619		6,689,989
Nishi-Nippon City Bank Ltd. (The)		100,000		257,735
Resona Holdings, Inc.		262,701		1,303,464
Seven Bank Ltd.(a)		92,500		342,222
Shinsei Bank Ltd.		237,000		525,613
Shizuoka Bank Ltd. (The)		81,000		875,953
Sumitomo Mitsui Financial Group, Inc.		178,605		8,159,787
Sumitomo Mitsui Trust Holdings, Inc.		465,769		2,142,103
Suruga Bank Ltd.		25,000		443,676
Yamaguchi Financial Group, Inc.		32,000		304,595

				37,506,369

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Index Fund



Common Stocks (continued)

	Shares		Market Value
JAPAN (continued)
Commercial Services & Supplies 0.2%
Dai Nippon Printing Co., Ltd.		78,700	$	700,345
Park24 Co., Ltd.		13,900		255,890
Secom Co., Ltd.		29,300		1,612,671
Toppan Printing Co., Ltd.		76,000		515,770

				3,084,676


Computers & Peripherals 0.0%†
NEC Corp.		363,000		820,383


Construction & Engineering 0.2%
Chiyoda Corp.		22,000		261,020
JGC Corp.		29,000		1,022,181
Kajima Corp.		117,800		413,972
Kinden Corp.		20,000		194,348
Obayashi Corp.		89,500		477,726
Shimizu Corp.		82,000		341,040
Taisei Corp.		141,000		548,845

				3,259,132


Construction Materials 0.0%†
Taiheiyo Cement Corp.		174,000		584,807


Consumer Finance 0.1%
Acom Co., Ltd.*(a)		5,660		173,525
AEON Financial Service Co., Ltd.(a)		8,900		259,498
Credit Saison Co., Ltd.		21,900		490,243

				923,266


Containers & Packaging 0.0%†
Toyo Seikan Group Holdings Ltd.		25,700		424,666


Diversified Consumer Services 0.0%†
Benesse Holdings, Inc.		9,400		324,163


Diversified Financial Services 0.2%
Japan Exchange Group, Inc.(a)		7,000		658,131
Mitsubishi UFJ Lease & Finance Co., Ltd.		81,700		417,719
ORIX Corp.		154,100		2,287,024

				3,362,874


Diversified Telecommunication Services 0.2%
Nippon Telegraph & Telephone Corp.		60,854		3,070,114


Electric Utilities 0.4%
Chubu Electric Power Co., Inc.		89,500		1,240,890
Chugoku Electric Power Co., Inc. (The)		41,500		609,528
Hokkaido Electric Power Co., Inc.*		24,000		313,297
Hokuriku Electric Power Co.		22,700		327,365
Kansai Electric Power Co., Inc. (The)*		96,800		1,183,409
Kyushu Electric Power Co., Inc.*		59,200		823,421
Shikoku Electric Power Co., Inc.*		26,500		473,900
Tohoku Electric Power Co., Inc.*		63,100		736,416
Tokyo Electric Power Co., Inc.*		207,100		1,263,667

				6,971,893


Electrical Equipment 0.4%
Fuji Electric Co., Ltd.		75,200		280,948
Furukawa Electric Co., Ltd.		94,300		227,650
Mabuchi Motor Co., Ltd.		3,800		197,144
Mitsubishi Electric Corp.		274,600		2,662,874
Nidec Corp.(a)		14,900		1,223,692
Sumitomo Electric Industries Ltd.		105,000		1,416,980

				6,009,288


Electronic Equipment, Instruments & Components 1.1%
Citizen Holdings Co., Ltd.		36,200		206,682
FUJIFILM Holdings Corp.		64,600		1,415,421
Hamamatsu Photonics KK		9,600		333,302
Hirose Electric Co., Ltd.		4,000		533,302
Hitachi High-Technologies Corp.		8,300		180,898
Hitachi Ltd.		674,300		4,517,246
HOYA Corp.		60,500		1,303,873
Ibiden Co., Ltd.		16,200		241,436
Keyence Corp.		6,368		2,076,344
Kyocera Corp.		22,800		2,310,521
Murata Manufacturing Co., Ltd.		28,300		1,943,636
Nippon Electric Glass Co., Ltd.		58,000		311,549
Omron Corp.		28,400		878,255
Shimadzu Corp.		36,000		283,530
TDK Corp.		17,300		622,949
Yaskawa Electric Corp.		30,000		357,466
Yokogawa Electric Corp.		28,700		371,212

				17,887,622


Food & Staples Retailing 0.4%
Aeon Co., Ltd.		82,700		1,136,637
FamilyMart Co., Ltd.		7,900		348,584
Lawson, Inc.(a)		9,400		736,612
Seven & I Holdings Co., Ltd.		105,000		3,955,493

				6,177,326


Food Products 0.3%
Ajinomoto Co., Inc.		83,000		1,157,773
Calbee, Inc.		2,300		221,346
Kikkoman Corp.		23,000		395,720
MEIJI Holdings Co., Ltd.		8,099		379,922
Nippon Meat Packers, Inc.		25,000		384,706
Nisshin Seifun Group, Inc.		26,400		305,838
Nissin Foods Holdings Co., Ltd.		8,000		317,951
Toyo Suisan Kaisha Ltd.		14,400		450,200
Yakult Honsha Co., Ltd.		11,800		549,720
Yamazaki Baking Co., Ltd.		15,100		178,092

				4,341,268

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Index Fund



Common Stocks (continued)

	Shares		Market Value
JAPAN (continued)
Gas Utilities 0.2%
Osaka Gas Co., Ltd.		258,900	$	1,095,821
Toho Gas Co., Ltd.		56,000		279,814
Tokyo Gas Co., Ltd.		350,400		1,926,103

				3,301,738


Health Care Equipment & Supplies 0.2%
Olympus Corp.*		27,200		831,340
Sysmex Corp.		10,100		651,341
Terumo Corp.		20,800		1,051,702

				2,534,383


Health Care Providers & Services 0.1%
Alfresa Holdings Corp.		5,700		282,770
Medipal Holdings Corp.		21,600		267,926
Miraca Holdings, Inc.		7,900		380,969
Suzuken Co., Ltd.		9,800		306,302

				1,237,967


Health Care Technology 0.0%†
M3, Inc.		90		247,724


Hotels, Restaurants & Leisure 0.1%
McDonald’s Holdings Co., (Japan) Ltd.(a)		9,624		267,128
Oriental Land Co., Ltd.		7,000		1,139,005

				1,406,133


Household Durables 0.5%
Casio Computer Co., Ltd.(a)		32,100		286,082
Panasonic Corp.*		307,802		2,730,625
Rinnai Corp.		5,600		410,016
Sekisui Chemical Co., Ltd.		59,000		591,447
Sekisui House Ltd.(a)		75,300		971,564
Sharp Corp.*(a)		150,900		620,211
Sony Corp.(a)		143,400		3,010,679

				8,620,624


Household Products 0.1%
Unicharm Corp.		16,200		862,419


Independent Power Producers & Energy Traders 0.0%†
Electric Power Development Co., Ltd.		16,000		529,201


Industrial Conglomerates 0.1%
Toshiba Corp.		559,700		2,421,071


Information Technology Services 0.1%
Fujitsu Ltd.		259,100		991,886
Itochu Techno-Solutions Corp.		3,400		134,723
Nomura Research Institute Ltd.		13,700		448,374
NTT Data Corp.		176		630,698
Otsuka Corp.		2,400		270,958

				2,476,639


Insurance 0.5%
Dai-ichi Life Insurance Co., Ltd. (The)		1,186		1,614,377
MS&AD Insurance Group Holdings		70,755		1,831,231
NKSJ Holdings, Inc.		45,625		1,144,562
Sony Financial Holdings, Inc.		24,400		400,243
T&D Holdings, Inc.		79,700		1,006,637
Tokio Marine Holdings, Inc.		96,600		3,083,178

				9,080,228


Internet & Catalog Retail 0.1%
Rakuten, Inc.		100,000		1,348,246


Internet Software & Services 0.1%
Dena Co., Ltd.(a)		14,500		275,136
Gree, Inc.(a)		12,500		101,288
Yahoo Japan Corp.		2,054		1,091,583

				1,468,007


Leisure Equipment & Products 0.2%
Namco Bandai Holdings, Inc.		24,449		395,538
Nikon Corp.		47,300		987,344
Sankyo Co., Ltd.		7,300		322,357
Sega Sammy Holdings, Inc.		27,600		641,686
Shimano, Inc.		11,400		1,027,671
Yamaha Corp.		23,300		298,504

				3,673,100


Machinery 1.2%
Amada Co., Ltd.		47,000		337,198
FANUC Corp.		26,700		4,042,716
Hino Motors Ltd.		35,000		536,361
Hitachi Construction Machinery Co., Ltd.		14,600		287,227
IHI Corp.		184,000		774,017
Japan Steel Works Ltd. (The)		44,000		246,801
JTEKT Corp.		29,900		374,879
Kawasaki Heavy Industries Ltd.		195,200		713,016
Komatsu Ltd.		130,200		2,898,704
Kubota Corp.		154,100		2,243,300
Kurita Water Industries Ltd.		15,500		316,076
Makita Corp.		15,700		816,726
Mitsubishi Heavy Industries Ltd.		431,200		2,315,254
Nabtesco Corp.		15,200		318,253
NGK Insulators Ltd.		36,000		479,706
NSK Ltd.		68,400		639,477
SMC Corp.		7,800		1,649,553
Sumitomo Heavy Industries Ltd.		75,000		348,003
THK Co., Ltd.		16,300		339,415

				19,676,682


Marine 0.1%
Mitsui OSK Lines Ltd.*		151,000		580,643
Nippon Yusen KK		220,400		610,214

				1,190,857


Media 0.1%
Dentsu, Inc.		25,461		810,741
Hakuhodo DY Holdings, Inc.		3,420		235,372
Toho Co., Ltd.		15,400		320,905

				1,367,018

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Index Fund



Common Stocks (continued)

	Shares		Market Value
JAPAN (continued)
Metals & Mining 0.5%
Daido Steel Co., Ltd.		45,000	$	260,567
Hitachi Metals Ltd.		31,000		372,148
JFE Holdings, Inc.		69,400		1,565,362
Kobe Steel Ltd.*		349,000		550,737
Maruichi Steel Tube Ltd.		5,900		141,946
Mitsubishi Materials Corp.		156,000		548,750
Nippon Steel & Sumitomo Metal Corp.		1,060,065		3,075,491
Sumitomo Metal Mining Co., Ltd.		74,000		964,542
Yamato Kogyo Co., Ltd.		6,600		213,878

				7,693,421


Multiline Retail 0.1%
Don Quijote Co., Ltd.		7,700		402,736
Isetan Mitsukoshi Holdings Ltd.		49,278		679,602
J. Front Retailing Co., Ltd.		67,200		533,966
Marui Group Co., Ltd.		30,700		298,555
Takashimaya Co., Ltd.		35,000		343,966

				2,258,825


Office Electronics 0.4%
Brother Industries Ltd.		32,100		356,406
Canon, Inc.		160,100		4,938,150
Konica Minolta, Inc.		65,900		539,209
Ricoh Co., Ltd.		96,200		1,079,962

				6,913,727


Oil, Gas & Consumable Fuels 0.3%
Cosmo Oil Co., Ltd.*		82,000		152,147
Idemitsu Kosan Co., Ltd.		3,000		249,837
INPEX Corp.		308		1,346,670
Japan Petroleum Exploration Co.		4,400		188,777
JX Holdings, Inc.		313,217		1,662,533
Showa Shell Sekiyu KK		28,900		266,191
TonenGeneral Sekiyu KK		39,000		377,161

				4,243,316


Paper & Forest Products 0.0%†
Oji Holdings Corp.		108,000		460,108


Personal Products 0.2%
Kao Corp.		75,100		2,404,866
Shiseido Co., Ltd.		51,000		783,577

				3,188,443


Pharmaceuticals 1.1%
Astellas Pharma, Inc.		62,000		3,315,941
Chugai Pharmaceutical Co., Ltd.		31,500		624,586
Daiichi Sankyo Co., Ltd.		94,000		1,529,710
Dainippon Sumitomo Pharma Co., Ltd.		21,900		290,462
Eisai Co., Ltd.		35,200		1,487,875
Hisamitsu Pharmaceutical Co., Inc.		8,600		473,418
Kyowa Hakko Kirin Co., Ltd.		30,000		299,007
Mitsubishi Tanabe Pharma Corp.		31,300		421,633
Ono Pharmaceutical Co., Ltd.		11,700		749,884
Otsuka Holdings Co., Ltd.		50,600		1,633,400
Santen Pharmaceutical Co., Ltd.		10,400		453,089
Shionogi & Co., Ltd.		42,000		851,982
Taisho Pharmaceutical Holdings Co., Ltd.		4,870		331,725
Takeda Pharmaceutical Co., Ltd.		111,600		4,976,708
Tsumura & Co.		9,000		256,365

				17,695,785


Real Estate Investment Trusts (REITs) 0.2%
Japan Prime Realty Investment Corp.		111		303,521
Japan Real Estate Investment Corp.		84		885,789
Japan Retail Fund Investment Corp.		299		588,771
Nippon Building Fund, Inc.		98		1,065,200
Nippon Prologis REIT, Inc.(a)		35		303,512
Nomura Real Estate Office Fund, Inc.		58		253,355
United Urban Investment Corp.		327		406,112

				3,806,260


Real Estate Management & Development 0.9%
Aeon Mall Co., Ltd.		15,950		396,649
Daito Trust Construction Co., Ltd.		10,300		941,155
Daiwa House Industry Co., Ltd.		70,000		1,285,605
Hulic Co., Ltd.		41,200		493,056
Mitsubishi Estate Co., Ltd.		174,600		4,425,916
Mitsui Fudosan Co., Ltd.		116,700		3,517,606
Nomura Real Estate Holdings, Inc.		17,800		413,997
NTT Urban Development Corp.		180		216,984
Sumitomo Realty & Development Co., Ltd.		51,000		2,130,840
Tokyo Tatemono Co., Ltd.		59,000		488,695
Tokyu Land Corp.		58,000		552,102

				14,862,605


Road & Rail 0.8%
Central Japan Railway Co.		20,100		2,462,279
East Japan Railway Co.		47,290		3,804,594
Hankyu Hanshin Holdings, Inc.		163,000		932,449
Keikyu Corp.		65,000		542,325
Keio Corp.		80,400		565,701
Keisei Electric Railway Co., Ltd.		39,000		375,249
Kintetsu Corp.(a)		222,500		955,314
Nippon Express Co., Ltd.		116,500		549,803
Odakyu Electric Railway Co., Ltd.		89,100		845,804
Tobu Railway Co., Ltd.		145,000		747,935
Tokyu Corp.		160,900		1,045,035
West Japan Railway Co.		23,500		992,303

				13,818,791

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Index Fund



Common Stocks (continued)

	Shares		Market Value
JAPAN (continued)
Semiconductors & Semiconductor Equipment 0.1%
Advantest Corp.		20,700	$	269,639
Rohm Co., Ltd.		13,100		505,026
Sumco Corp.		17,100		150,777
Tokyo Electron Ltd.		23,800		1,082,702

				2,008,144


Software 0.2%
GungHo Online Entertainment, Inc.*(a)		490		398,923
Konami Corp.(a)		15,600		345,215
Nexon Co., Ltd.		16,900		213,354
Nintendo Co., Ltd.		14,900		1,898,383
Oracle Corp. Japan		5,400		210,351
Trend Micro, Inc.		14,500		481,534

				3,547,760


Specialty Retail 0.3%
ABC-Mart, Inc.		4,100		184,901
Fast Retailing Co., Ltd.		7,500		2,561,502
Nitori Holdings Co., Ltd.		4,700		400,984
Sanrio Co., Ltd.(a)		6,100		297,141
Shimamura Co., Ltd.		3,100		355,414
USS Co., Ltd.		3,060		365,579
Yamada Denki Co., Ltd.(a)		13,870		561,284

				4,726,805


Textiles, Apparel & Luxury Goods 0.0%†
Asics Corp.		22,400		376,280


Tobacco 0.3%
Japan Tobacco, Inc.		155,300		5,421,653


Trading Companies & Distributors 0.8%
ITOCHU Corp.		209,000		2,482,205
Marubeni Corp.		231,000		1,603,752
Mitsubishi Corp.		195,800		3,567,267
Mitsui & Co., Ltd.		242,100		3,242,844
Sojitz Corp.		188,967		321,291
Sumitomo Corp.		161,000		2,151,651
Toyota Tsusho Corp.		30,000		795,549

				14,164,559


Transportation Infrastructure 0.0%†
Kamigumi Co., Ltd.		33,000		273,529
Mitsubishi Logistics Corp.		16,400		238,916

				512,445


Wireless Telecommunication Services 0.9%
KDDI Corp.		75,000		4,149,686
NTT DOCOMO, Inc.		2,129		3,242,635
Softbank Corp.		133,200		8,455,054

				15,847,375

				361,114,986


JERSEY, CHANNEL ISLANDS 0.0%†
Metals & Mining 0.0%†
Randgold Resources Ltd.		12,060		888,535


LUXEMBOURG 0.3%
Energy Equipment & Services 0.1%
Tenaris SA		65,915		1,470,597


Media 0.1%
SES SA, FDR		41,953		1,234,834


Metals & Mining 0.1%
ArcelorMittal		139,737		1,825,572


Wireless Telecommunication Services 0.0%†
Millicom International Cellular SA, SDR		9,093		728,145

				5,259,148


MACAU 0.1%
Hotels, Restaurants & Leisure 0.1%
MGM China Holdings Ltd.		129,600		373,447
Wynn Macau Ltd.(a)		217,600		616,449

				989,896


MEXICO 0.0%†
Metals & Mining 0.0%†
Fresnillo PLC		25,495		400,363


NETHERLANDS 4.6%
Air Freight & Logistics 0.0%†
TNT Express NV(a)		54,496		428,911


Beverages 0.2%
Heineken Holding NV		14,235		892,950
Heineken NV		31,937		2,243,312

				3,136,262


Chemicals 0.2%
Akzo Nobel NV		33,127		2,019,614
Koninklijke DSM NV		21,520		1,512,406

				3,532,020


Computers & Peripherals 0.1%
Gemalto NV		10,967		1,148,544


Construction & Engineering 0.0%†
Koninklijke Boskalis Westminster NV		11,626		437,541


Diversified Financial Services 0.3%
ING Groep NV, CVA*		540,768		5,519,588


Diversified Telecommunication Services 0.1%
Koninklijke KPN NV*		465,839		1,226,718
Ziggo NV		23,926		952,272

				2,178,990


Energy Equipment & Services 0.0%†
Fugro NV, CVA		9,774		596,137


Food & Staples Retailing 0.1%
Koninklijke Ahold NV		140,314		2,311,651


Food Products 0.6%
D.E. Master Blenders 1753 NV*		69,442		1,145,539
Unilever NV, CVA		228,672		9,174,656

				10,320,195


Industrial Conglomerates 0.3%
Koninklijke Philips NV		135,357		4,328,572


Insurance 0.2%
Aegon NV		251,520		1,938,053
Delta Lloyd NV		26,140		564,902

				2,502,955


Life Sciences Tools & Services 0.0%†
QIAGEN NV*		32,916		676,275


Media 0.2%
Reed Elsevier NV		96,016		1,839,404
Wolters Kluwer NV		43,061		1,040,177

				2,879,581

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Index Fund



Common Stocks (continued)

	Shares		Market Value
NETHERLANDS (continued)
Oil, Gas & Consumable Fuels 1.9%
Royal Dutch Shell PLC, Class A		529,422	$	18,064,503
Royal Dutch Shell PLC, Class B		366,909		12,977,718

				31,042,221


Professional Services 0.1%
Randstad Holding NV		16,739		809,691


Real Estate Investment Trusts (REITs) 0.0%†
Corio NV		9,667		421,512


Semiconductors & Semiconductor Equipment 0.3%
ASML Holding NV(a)		49,793		4,485,341


Transportation Infrastructure 0.0%†
Koninklijke Vopak NV		9,942		572,698

				77,328,685


NEW ZEALAND 0.1%
Construction Materials 0.1%
Fletcher Building Ltd.(a)		95,168		617,645


Diversified Telecommunication Services 0.0%†
Telecom Corp. of New Zealand Ltd.(a)		270,116		485,809


Electric Utilities 0.0%†
Contact Energy Ltd.(a)		51,208		219,512


Hotels, Restaurants & Leisure 0.0%†
SKYCITY Entertainment Group Ltd.		87,163		291,423


Transportation Infrastructure 0.0%†
Auckland International Airport Ltd.(a)		156,326		392,822

				2,007,211


NORWAY 0.7%
Chemicals 0.1%
Yara International ASA		26,095		1,171,080


Commercial Banks 0.2%
DNB ASA		136,263		2,266,796


Diversified Telecommunication Services 0.1%
Telenor ASA		97,871		2,167,520


Energy Equipment & Services 0.0%†
Aker Solutions ASA		22,892		344,978


Food Products 0.1%
Orkla ASA		105,705		816,366


Insurance 0.0%†
Gjensidige Forsikring ASA		28,022		433,695


Metals & Mining 0.0%†
Norsk Hydro ASA(a)		131,370		558,454


Oil, Gas & Consumable Fuels 0.2%
Statoil ASA		155,446		3,374,211

				11,133,100


PORTUGAL 0.2%
Commercial Banks 0.0%†
Banco Espirito Santo SA*		291,981		284,301


Diversified Telecommunication Services 0.0%†
Portugal Telecom SGPS SA REG(a)		85,880		327,665


Electric Utilities 0.1%
EDP - Energias de Portugal SA		272,031		967,095


Food & Staples Retailing 0.1%
Jeronimo Martins SGPS SA		35,493		701,243


Oil, Gas & Consumable Fuels 0.0%†
Galp Energia SGPS SA, Class B		38,200		610,173

				2,890,477


SINGAPORE 1.6%
Aerospace & Defense 0.0%†
Singapore Technologies Engineering Ltd.		214,000		720,645


Airlines 0.0%†
Singapore Airlines Ltd.		75,613		601,155


Commercial Banks 0.6%
DBS Group Holdings Ltd.		243,050		3,189,527
Oversea-Chinese Banking Corp., Ltd.		360,600		2,993,756
United Overseas Bank Ltd.		177,500		2,994,275

				9,177,558


Distributors 0.0%†
Jardine Cycle & Carriage Ltd.(a)		14,604		462,541


Diversified Financial Services 0.1%
Singapore Exchange Ltd.		120,900		724,867


Diversified Telecommunication Services 0.2%
Singapore Telecommunications Ltd.		1,111,003		3,430,711


Food & Staples Retailing 0.0%†
Olam International Ltd.(a)		189,500		252,760


Food Products 0.1%
Golden Agri-Resources Ltd.(a)		1,084,771		447,541
Wilmar International Ltd.		271,158		671,180

				1,118,721


Hotels, Restaurants & Leisure 0.1%
Genting Singapore PLC(a)		845,217		881,580


Industrial Conglomerates 0.1%
Keppel Corp., Ltd.		201,600		1,640,993
Sembcorp Industries Ltd.		138,243		551,901

				2,192,894


Machinery 0.0%†
SembCorp Marine Ltd.(a)		117,200		419,046


Media 0.1%
Singapore Press Holdings Ltd.(a)		224,500		774,927


Real Estate Investment Trusts (REITs) 0.1%
Ascendas Real Estate Investment Trust		299,306		540,989
CapitaCommercial Trust		282,000		311,261
CapitaMall Trust		330,800		527,205

				1,379,455


Real Estate Management & Development 0.2%
CapitaLand Ltd.		354,345		898,901
CapitaMalls Asia Ltd.(a)		199,800		313,063
City Developments Ltd.(a)		56,099		468,814
Global Logistic Properties Ltd.		435,000		970,063
Keppel Land Ltd.		110,000		318,682
UOL Group Ltd.		65,120		357,679

				3,327,202

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Index Fund



Common Stocks (continued)

	Shares		Market Value
SINGAPORE (continued)
Road & Rail 0.0%†
ComfortDelGro Corp., Ltd.		303,620	$	477,908


Transportation Infrastructure 0.0%†
Hutchison Port Holdings Trust, Class U		727,000		537,317


Wireless Telecommunication Services 0.0%†
StarHub Ltd.		87,181		301,763

				26,781,050


SPAIN 3.0%
Biotechnology 0.1%
Grifols SA(a)		21,109		891,521


Commercial Banks 1.3%
Banco Bilbao Vizcaya Argentaria SA		778,353		7,381,120
Banco de Sabadell SA(a)		363,259		743,887
Banco Popular Espanol SA*(a)		177,995		782,377
Banco Santander SA*(b)		45,979		336,058
Banco Santander SA		1,517,341		11,100,733
Bankia SA*		575,259		509,534
CaixaBank		155,808		574,708

				21,428,417


Construction & Engineering 0.1%
ACS Actividades de Construccion y Servicios SA(a)		21,170		609,592
Ferrovial SA		57,346		978,324

				1,587,916


Diversified Telecommunication Services 0.5%
Telefonica SA		575,354		8,223,064


Electric Utilities 0.3%
Acciona SA(a)		3,508		165,418
Iberdrola SA(a)		689,501		3,815,453
Red Electrica Corp. SA		15,375		857,351

				4,838,222


Food & Staples Retailing 0.0%†
Distribuidora Internacional de Alimentacion SA		84,441		698,768


Gas Utilities 0.1%
Enagas SA		27,841		687,989
Gas Natural SDG SA		49,360		1,004,940

				1,692,929


Information Technology Services 0.1%
Amadeus IT Holding SA, Class A(a)		53,235		1,830,877


Insurance 0.0%†
Mapfre SA		106,107		388,404


Machinery 0.0%†
Zardoya Otis SA*(b)		849		12,368
Zardoya Otis SA		21,231		309,338

				321,706


Oil, Gas & Consumable Fuels 0.2%
Repsol SA(a)		119,489		2,863,807


Specialty Retail 0.2%
Industria de Diseno Textil SA		30,386		4,056,065


Transportation Infrastructure 0.1%
Abertis Infraestructuras SA		52,336		971,824

				49,793,520


SWEDEN 3.2%
Building Products 0.1%
Assa Abloy AB, Class B		46,595		2,065,858


Capital Markets 0.0%†
Ratos AB, Class B(a)		26,329		234,880


Commercial Banks 0.8%
Nordea Bank AB		372,800		4,725,438
Skandinaviska Enskilda Banken AB, Class A		212,171		2,340,253
Svenska Handelsbanken AB, Class A		70,523		3,199,360
Swedbank AB, Class A		126,320		3,044,977

				13,310,028


Commercial Services & Supplies 0.0%†
Securitas AB, Class B		43,286		421,907


Communications Equipment 0.3%
Telefonaktiebolaget LM Ericsson, Class B		429,839		5,080,832


Construction & Engineering 0.1%
Skanska AB, Class B		52,276		986,409


Diversified Financial Services 0.2%
Industrivarden AB, Class C		17,788		319,457
Investment AB Kinnevik, Class B(a)		28,879		869,373
Investor AB, Class B		63,525		1,907,348

				3,096,178


Diversified Telecommunication Services 0.2%
TeliaSonera AB		332,621		2,405,791


Electronic Equipment, Instruments & Components 0.1%
Hexagon AB, Class B		33,819		1,033,172


Health Care Equipment & Supplies 0.1%
Elekta AB, Class B(a)		51,743		886,076
Getinge AB, Class B		28,467		1,052,724

				1,938,800


Household Durables 0.1%
Electrolux AB Series B		32,933		960,244
Husqvarna AB, Class B(a)		54,120		325,269

				1,285,513


Household Products 0.1%
Svenska Cellulosa AB, Class B		80,737		2,135,713


Machinery 0.7%
Alfa Laval AB		43,133		978,848
Atlas Copco AB, Class A(a)		93,541		2,440,079
Atlas Copco AB, Class B		54,463		1,275,854
Sandvik AB		148,985		1,885,960
Scania AB, Class B		43,918		916,253
SKF AB, Class B(a)		54,729		1,519,011
Volvo AB, Class B		214,074		3,153,567

				12,169,572


Metals & Mining 0.0%†
Boliden AB		38,637		545,566

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Index Fund



Common Stocks (continued)

	Shares		Market Value
SWEDEN (continued)
Oil, Gas & Consumable Fuels 0.0%†
Lundin Petroleum AB*		31,684	$	695,808


Specialty Retail 0.3%
Hennes & Mauritz AB, Class B		134,243		5,016,867


Tobacco 0.1%
Swedish Match AB		28,434		1,063,470


Wireless Telecommunication Services 0.0%†
Tele2 AB, Class B		45,425		582,264

				54,068,628


SWITZERLAND 9.6%
Beverages 0.0%†
Coca-Cola HBC AG, ADR		28,318		736,551


Biotechnology 0.1%
Actelion Ltd. REG*		15,030		998,844


Building Products 0.1%
Geberit AG REG		5,441		1,459,726


Capital Markets 1.1%
Credit Suisse Group AG REG*		211,196		6,203,625
Julius Baer Group Ltd.*		32,023		1,457,654
Partners Group Holding AG		2,457		650,634
UBS AG REG*		511,554		10,073,028

				18,384,941


Chemicals 0.5%
EMS-Chemie Holding AG REG		1,162		407,901
Givaudan SA REG*		1,160		1,614,547
Sika AG		302		841,038
Syngenta AG REG		13,146		5,198,086

				8,061,572


Commercial Banks 0.0%†
Banque Cantonale Vaudoise		408		210,127


Construction Materials 0.1%
Holcim Ltd. REG*		31,828		2,302,496


Diversified Financial Services 0.0%†
Pargesa Holding SA		3,723		267,312


Diversified Telecommunication Services 0.1%
Swisscom AG REG		3,254		1,454,674


Electrical Equipment 0.4%
ABB Ltd. REG*		309,371		6,820,373


Energy Equipment & Services 0.1%
Transocean Ltd.		50,850		2,398,071


Food Products 2.0%
Aryzta AG*		12,310		760,188
Barry Callebaut AG REG*		326		315,877
Lindt & Spruengli AG REG		15		681,618
Lindt & Spruengli AG - Participation Certificate		123		483,229
Nestle SA REG		452,515		30,627,416

				32,868,328


Health Care Equipment & Supplies 0.1%
Sonova Holding AG REG*		6,975		769,798


Insurance 0.7%
Baloise Holding AG REG		6,686		725,860
Swiss Life Holding AG REG*		4,341		778,995
Swiss Re AG*		49,053		3,911,098
Zurich Insurance Group AG*		20,789		5,599,898

				11,015,851


Life Sciences Tools & Services 0.0%†
Lonza Group AG REG*		7,299		561,796


Machinery 0.1%
Schindler Holding AG REG		2,997		417,865
Schindler Holding AG - Participation Certificate		6,695		957,961
Sulzer AG REG		3,373		504,103

				1,879,929


Marine 0.1%
Kuehne + Nagel International AG REG(a)		7,408		896,544


Metals & Mining 0.4%
Glencore Xstrata PLC		1,404,754		5,932,486


Pharmaceuticals 2.8%
Novartis AG REG		322,796		23,204,781
Roche Holding AG		98,589		24,261,668

				47,466,449


Professional Services 0.2%
Adecco SA REG*		18,371		1,168,017
SGS SA REG		764		1,729,244

				2,897,261


Real Estate Management & Development 0.0%†
Swiss Prime Site AG REG*		7,514		552,591


Semiconductors & Semiconductor Equipment 0.0%†
STMicroelectronics NV		89,299		765,027


Textiles, Apparel & Luxury Goods 0.6%
Compagnie Financiere Richemont SA, Class A		73,466		7,186,636
Swatch Group AG (The) REG		6,038		623,497
Swatch Group AG (The) - Bearer Shares		4,397		2,612,927

				10,423,060


Trading Companies & Distributors 0.1%
Wolseley PLC		38,199		1,828,778

				160,952,585


UNITED KINGDOM 19.1%
Aerospace & Defense 0.6%
BAE Systems PLC		451,326		3,060,776
Cobham PLC		150,577		659,689
Meggitt PLC		110,605		922,296
Rolls-Royce Holdings PLC*		264,668		4,718,790

				9,361,551

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Index Fund



Common Stocks (continued)

	Shares		Market Value
UNITED KINGDOM (continued)
Airlines 0.1%
easyJet PLC		22,618	$	486,102
International Consolidated Airlines Group SA*		129,691		575,266

				1,061,368


Auto Components 0.1%
GKN PLC		236,284		1,256,627


Beverages 1.0%
Diageo PLC		352,241		11,038,822
SABMiller PLC		134,636		6,599,284

				17,638,106


Capital Markets 0.2%
3i Group PLC		136,957		797,406
Aberdeen Asset Management PLC		134,742		788,642
Hargreaves Lansdown PLC		28,806		429,675
ICAP PLC		74,662		461,624
Investec PLC		84,667		566,474
Schroders PLC		13,785		513,358

				3,557,179


Chemicals 0.1%
Croda International PLC		19,236		734,690
Johnson Matthey PLC		28,333		1,222,537

				1,957,227


Commercial Banks 3.1%
Barclays PLC		1,715,256		7,493,927
HSBC Holdings PLC		2,593,837		29,449,002
Lloyds Banking Group PLC*		6,437,167		6,702,166
Royal Bank of Scotland Group PLC*		292,425		1,412,120
Standard Chartered PLC		339,196		7,867,217

				52,924,432


Commercial Services & Supplies 0.2%
Aggreko PLC		37,004		1,003,157
Babcock International Group PLC		51,091		914,311
G4S PLC		192,784		663,409
Serco Group PLC		70,390		673,100

				3,253,977


Containers & Packaging 0.1%
Rexam PLC		114,027		852,944


Diversified Financial Services 0.0%†
London Stock Exchange Group PLC		23,860		569,360

Diversified Telecommunication Services 0.4%
BT Group PLC		1,110,485		5,745,853
Inmarsat PLC		62,863		654,121

				6,399,974


Electric Utilities 0.2%
SSE PLC		134,504		3,219,965


Energy Equipment & Services 0.1%
AMEC PLC		42,616		698,170
Petrofac Ltd.		35,696		712,203
Subsea 7 SA		35,685		678,662

				2,089,035


Food & Staples Retailing 0.5%
J Sainsbury PLC		167,909		1,006,201
Tesco PLC		1,133,203		6,334,530
WM Morrison Supermarkets PLC		303,709		1,336,775

				8,677,506


Food Products 0.6%
Associated British Foods PLC		49,728		1,471,096
Tate & Lyle PLC		66,075		844,069
Unilever PLC		180,387		7,325,240

				9,640,405


Health Care Equipment & Supplies 0.1%
Smith & Nephew PLC		125,224		1,492,005


Hotels, Restaurants & Leisure 0.5%
Carnival PLC		24,941		960,081
Compass Group PLC		258,703		3,536,950
InterContinental Hotels Group PLC		37,764		1,095,825
Tui Travel PLC		66,838		388,195
Whitbread PLC		24,534		1,206,621
William Hill PLC		121,608		899,814

				8,087,486


Household Durables 0.0%†
Persimmon PLC*		42,693		802,358


Household Products 0.4%
Reckitt Benckiser Group PLC		90,778		6,462,536


Industrial Conglomerates 0.1%
Smiths Group PLC		54,308		1,142,252


Insurance 1.0%
Admiral Group PLC		27,992		597,675
Aviva PLC		418,615		2,361,993
Direct Line Insurance Group PLC		118,211		408,096
Legal & General Group PLC		823,900		2,417,766
Old Mutual PLC		681,421		2,012,452
Prudential PLC		360,194		6,396,975
RSA Insurance Group PLC		524,011		998,163
Standard Life PLC		328,898		1,899,293

				17,092,413


Machinery 0.2%
IMI PLC		45,427		948,833
Invensys PLC		91,104		690,203
Melrose Industries PLC		170,328		731,618
Weir Group PLC (The)		30,521		998,533

				3,369,187


Media 0.7%
British Sky Broadcasting Group PLC		150,664		1,898,026
ITV PLC		525,168		1,350,702
Pearson PLC		116,881		2,399,653

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Index Fund



Common Stocks (continued)

	Shares		Market Value
UNITED KINGDOM (continued)
Media (continued)
Reed Elsevier PLC		169,973	$	2,200,101
WPP PLC		179,498		3,240,675

				11,089,157


Metals & Mining 1.3%
Anglo American PLC		197,357		4,233,430
Antofagasta PLC		54,377		729,449
BHP Billiton PLC		296,763		8,494,680
Rio Tinto PLC		178,411		8,028,545
Vedanta Resources PLC		11,341		200,777

				21,686,881


Multiline Retail 0.2%
Marks & Spencer Group PLC		223,964		1,637,698
Next PLC		22,990		1,744,942

				3,382,640


Multi-Utilities 0.6%
Centrica PLC		723,844		4,303,388
National Grid PLC		517,133		6,180,429

				10,483,817


Oil, Gas & Consumable Fuels 1.7%
BG Group PLC		477,666		8,613,349
BP PLC		2,689,611		18,582,058
Tullow Oil PLC		126,375		1,999,089

				29,194,496


Pharmaceuticals 1.6%
AstraZeneca PLC		175,219		8,888,114
GlaxoSmithKline PLC		688,564		17,615,971

				26,504,085


Professional Services 0.1%
Capita PLC		90,971		1,445,173
Intertek Group PLC		22,298		1,026,581

				2,471,754


Real Estate Investment Trusts (REITs) 0.3%
British Land Co. PLC		131,397		1,194,601
Hammerson PLC		101,189		815,887
Intu Properties PLC		95,003		486,316
Land Securities Group PLC		108,901		1,574,233
Segro PLC		103,827		490,407

				4,561,444


Semiconductors & Semiconductor Equipment 0.2%
ARM Holdings PLC		196,173		2,632,303


Software 0.1%
Sage Group PLC (The)		163,856		873,433


Specialty Retail 0.1%
Kingfisher PLC		330,719		2,000,847


Textiles, Apparel & Luxury Goods 0.1%
Burberry Group PLC		61,235		1,427,432


Tobacco 1.1%
British American Tobacco PLC		270,850		14,448,981
Imperial Tobacco Group PLC		137,975		4,631,125

				19,080,106


Trading Companies & Distributors 0.1%
Bunzl PLC		47,186		1,012,866
Travis Perkins PLC		34,513		893,039

				1,905,905


Water Utilities 0.1%
Severn Trent PLC		34,581		931,395
United Utilities Group PLC		94,528		1,036,782

				1,968,177


Wireless Telecommunication Services 1.2%
Vodafone Group PLC		6,866,908		20,566,912

				320,737,282

Total Common Stocks (cost $1,450,596,693)				1,659,799,539


Preferred Stocks 0.6%

	Shares		Market Value
GERMANY 0.6%
Automobiles 0.4%
Bayerische Motoren Werke AG		7,272		552,867
Porsche Automobil Holding SE		21,359		1,810,961
Volkswagen AG		20,484		4,859,490

				7,223,318


Chemicals 0.0%†
Fuchs Petrolub SE		5,064		377,885


Household Products 0.2%
Henkel AG & Co. KGaA		24,672		2,411,665


Media 0.0%†
ProSiebenSat.1 Media AG		14,721		602,791


Multi-Utilities 0.0%†
RWE AG(a)		5,832		174,842

Total Preferred Stocks (cost $6,832,598)				10,790,501


Rights 0.0%†

	Number of Rights		Market Value
AUSTRALIA 0.0%†
Professional Services 0.0%†
ALS Ltd., expiring at an exercise price of $7.80 on 8/12/2013*		4,200		2,605

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Index Fund



Rights 0.0%† (continued)

	Number of Rights		Market Value
HONG KONG 0.0%†
Real Estate Management & Development 0.0%†
New World Development Co., Ltd., expiring at an exercise price of $1.00 on 12/31/2049*(b)		6,487	$	0


SPAIN 0.0%†
Commercial Banks 0.0%†
CaixaBank, expiring at an exercise price of $1.00 on 8/13/2013*		155,808		10,985

Total Rights (cost $—)				13,590


Mutual Fund 0.2%

	Shares		Market Value
Money Market Fund 0.2%
Fidelity Institutional Money Market Fund - Institutional Class, 0.11% (c)		3,298,217		3,298,217

Total Mutual Fund (cost $3,298,217)				3,298,217


Repurchase Agreements 2.4%

	Principal Amount		Market Value
BNP Paribas Securities Corp., 0.07%, dated 07/31/13, due 08/01/13, repurchase price $35,000,068, collateralized by U.S. Government Agency Securities ranging from 0.00% - 5.38%, maturing 08/05/13 - 05/04/37; total market value $35,700,062. (d)	$	35,000,000		35,000,000
Credit Suisse (USA) LLC, 0.08%, dated 07/31/13, due 08/01/13, repurchase price $4,535,025, collateralized by U.S. Government Agency Securities ranging from 0.00% - 1.74%, maturing 07/15/18 - 05/04/37; total market value $4,625,750. (d)		4,535,015		4,535,015

Total Repurchase Agreements (cost $39,535,015)				39,535,015

Total Investments (cost $1,500,262,523) (e) — 101.9%				1,713,436,862
Liabilities in excess of other assets — (1.9%)				(31,640,370	)

NET ASSETS — 100.0%			$	1,681,796,492

*	Denotes a non-income producing security.

(a)	The security or a portion of this security is on loan at July 31, 2013. The total value of securities on loan at July 31, 2013 was $37,263,129.

(b)	Fair Valued Security.

(c)	Represents 7-day effective yield as of July 31, 2013.

(d)	The security was purchased with cash collateral held from securities on loan. The total value of securities purchased with cash collateral as of July 31, 2013 was $39,535,015.

(e)	At July 31, 2013, the tax basis cost of the Fund’s investments was $1,595,483,428, tax unrealized appreciation and depreciation were $285,675,651 and $(167,722,217), respectively.

†	Amount rounds to less than 0.1%.


AB		Stock Company
Abp		Public Company
ADR		American Depositary Receipt
AG		Stock Corporation
A/S		Minimum Capital Public Traded Company
ASA		Stock Corporation
BM		Limited Liability
CDI		Clearing House Electronic Subregister System (CHESS) Depository Interest
CH		Switzerland
CVA		Dutch Certificate
FDR		Fiduciary Depositary Receipt
KGaA		Limited Partnership with shares
KK		Joint Stock Company
LLC		Limited Liability Company
Ltd.		Limited
NV		Public Traded Company
OYJ		Public Traded Company
PLC		Public Limited Company
REG		Registered Shares
REIT		Real Estate Investment Trust
RSP		Savings Shares
SA		Stock Company
SCA		Limited partnership with share capital
SCPA		Italian consortium joint-stock company
SDR		Swedish Depository Receipts
SE		European Public Limited Liability Company
SGPS		Holding Enterprise
SpA		Limited Share Company

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Index Fund

At July 31, 2013, the Fund’s open futures contracts were as follows:


Number of Contracts	Long Contracts	Expiration	Notional Value Covered by Contracts		Unrealized Appreciation/ (Depreciation)
80	DJ Euro Stoxx 50	09/20/13	$	2,933,156	$	136,522
30	FTSE 100 Index	09/20/13		2,995,417		122,122
28	SGX Nikkei 225 Index	09/12/13		1,948,933		(17,596	)
10	SPI 200 Index	09/19/13		1,125,809		52,345

			$	9,003,315	$	293,393


DJ		Dow Jones
FTSE		Financial Times Stock Exchange
SGX		Singapore Exchange
SPI		Schedule Performance Index

At July 31, 2013, the Fund had $616,000 segregated as collateral with the broker for open futures contracts.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Index Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.


	Level 1		Level 2		Level 3		Total
Assets:
Common Stocks
Aerospace & Defense	$	—	$	18,681,328	$	—	$	18,681,328
Air Freight & Logistics		—		5,575,185		—		5,575,185
Airlines		—		3,848,358		—		3,848,358
Auto Components		—		18,363,725		—		18,363,725
Automobiles		—		61,432,544		—		61,432,544
Beverages		736,551		42,281,196		—		43,017,747
Biotechnology		—		8,152,816		—		8,152,816
Building Products		—		9,663,031		—		9,663,031
Capital Markets		—		36,858,117		—		36,858,117
Chemicals		—		56,429,949		—		56,429,949
Commercial Banks		—		217,890,241		—		217,890,241
Commercial Services & Supplies		—		9,890,886		—		9,890,886
Communications Equipment		—		7,631,588		—		7,631,588
Computers & Peripherals		—		1,968,927		—		1,968,927
Construction & Engineering		—		11,278,395		—		11,278,395
Construction Materials		—		10,067,942		—		10,067,942
Consumer Finance		—		923,266		—		923,266
Containers & Packaging		—		2,877,576		—		2,877,576
Distributors		—		462,541		—		462,541
Diversified Consumer Services		—		324,163		—		324,163
Diversified Financial Services		—		21,294,997		—		21,294,997
Diversified Telecommunication Services		—		49,717,545		—		49,717,545

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Index Fund


	Level 1		Level 2		Level 3		Total
Assets: (continued)
Common Stocks (continued)
Electric Utilities	$	—	$	27,296,835	$	—	$	27,296,835
Electrical Equipment		—		22,598,992		—		22,598,992
Electronic Equipment, Instruments & Components		—		18,920,794		—		18,920,794
Energy Equipment & Services		—		12,611,114		—		12,611,114
Food & Staples Retailing		—		35,458,767		—		35,458,767
Food Products		—		67,110,849		—		67,110,849
Gas Utilities		—		9,073,914		—		9,073,914
Health Care Equipment & Supplies		—		11,632,179		—		11,632,179
Health Care Providers & Services		—		6,831,363		—		6,831,363
Health Care Technology		—		247,724		—		247,724
Hotels, Restaurants & Leisure		—		20,481,380		—		20,481,380
Household Durables		—		10,708,495		—		10,708,495
Household Products		—		10,963,358		—		10,963,358
Independent Power Producers & Energy Traders		—		1,081,984		—		1,081,984
Industrial Conglomerates		—		26,200,042		—		26,200,042
Information Technology Services		—		6,599,481		—		6,599,481
Insurance		—		87,137,462		—		87,137,462
Internet & Catalog Retail		—		1,348,246		—		1,348,246
Internet Software & Services		—		1,965,865		—		1,965,865
Leisure Equipment & Products		—		3,673,100		—		3,673,100
Life Sciences Tools & Services		—		1,238,071		—		1,238,071
Machinery		—		45,893,768		—		45,893,768
Marine		—		4,295,618		—		4,295,618
Media		—		22,731,983		—		22,731,983
Metals & Mining		—		61,299,954		—		61,299,954
Multiline Retail		—		5,835,846		—		5,835,846
Multi-Utilities		—		22,876,132		—		22,876,132
Office Electronics		—		6,913,727		—		6,913,727
Oil, Gas & Consumable Fuels		—		103,986,748		—		103,986,748
Paper & Forest Products		—		1,825,096		—		1,825,096
Personal Products		—		10,188,965		—		10,188,965
Pharmaceuticals		—		142,688,727		—		142,688,727
Professional Services		—		10,480,606		—		10,480,606
Real Estate Investment Trusts (REITs)		—		25,978,831		—		25,978,831
Real Estate Management & Development		—		33,711,471		—		33,711,471
Road & Rail		—		17,549,683		—		17,549,683
Semiconductors & Semiconductor Equipment		—		11,833,396		—		11,833,396
Software		—		15,355,286		—		15,355,286
Specialty Retail		—		15,800,584		—		15,800,584
Textiles, Apparel & Luxury Goods		—		28,896,149		—		28,896,149
Tobacco		—		25,565,229		—		25,565,229
Trading Companies & Distributors		—		20,046,719		—		20,046,719
Transportation Infrastructure		—		6,519,503		—		6,519,503
Water Utilities		—		1,968,177		—		1,968,177
Wireless Telecommunication Services		—		38,026,459		—		38,026,459

Total Common Stocks	$	736,551	$	1,659,062,988	$	—	$	1,659,799,539

Futures Contracts		310,989		—		—		310,989
Mutual Fund		3,298,217		—		—		3,298,217
Preferred Stocks		—		10,790,501		—		10,790,501
Repurchase Agreements		—		39,535,015		—		39,535,015
Rights		—		13,590		—		13,590

Total Assets	$	4,345,757	$	1,709,402,094	$	—	$	1,713,747,851


	Level 1			Level 2		Level 3		Total
Liabilities:
Futures Contracts	$	(17,596	)	$	—	$	—	$	(17,596	)

Total Liabilities	$	(17,596	)	$	—	$	—	$	(17,596	)

Total	$	4,328,161		$	1,709,402,094	$	—	$	1,713,730,255

Amounts designated as “—”, which may include fair valued securities, are zero or have been rounded to zero.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Index Fund

During the period ended July 31, 2013, the Fund held 3 common stock investments that were categorized as Level 3 investments which were each valued at $0.

The FVC continues to evaluate any information that could cause an adjustment to the fair value for these investments, such as market news, the progress of judicial and regulatory proceedings, and subadviser recommendations.

Futures Contracts

The Fund is subject to equity price and currency risk in the normal course of pursuing its investment objectives. The Fund entered into financial futures contracts (“futures contracts”) to gain exposure to the value of equities and foreign currencies. Futures contracts are contracts for delayed delivery of securities or currencies at a specific future date and at a specific price or currency amount.

The following tables provide a summary of the Fund’s derivative instruments categorized by risk exposure as of July 31, 2013:

Fair Values of Derivatives not Accounted for as Hedging Instruments as of July 31, 2013


Assets:		Fair Value
Futures Contracts
Equity and currency risk	Unrealized appreciation from futures contracts	$	310,989

Total		$	310,989


Liabilities:		Fair Value
Futures Contracts
Equity and currency risk	Unrealized depreciation from futures contracts	$	(17,596	)

Total		$	(17,596	)

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide International Value Fund



Common Stocks 97.6%

	Shares		Market Value
AUSTRALIA 3.3%
Chemicals 0.8%
Orica Ltd.		103,272	$	1,677,855


Commercial Banks 1.5%
Australia & New Zealand Banking Group Ltd.		123,389		3,296,674


Real Estate Investment Trusts (REITs) 1.0%
Westfield Group		219,077		2,209,553

				7,184,082


CANADA 6.1%
Commercial Banks 2.1%
Royal Bank of Canada		72,300		4,516,374


Metals & Mining 0.6%
Teck Resources Ltd., Class B		59,300		1,389,113


Oil, Gas & Consumable Fuels 3.4%
Canadian Oil Sands Ltd.		112,700		2,187,945
Lightstream Resources Ltd.(a)		150,404		1,227,130
Petrobank Energy & Resources Ltd.*(a)		136,100		75,530
Petrominerales Ltd.(a)		95,700		520,848
Suncor Energy, Inc.		105,300		3,327,854

				7,339,307

				13,244,794


DENMARK 0.3%
Construction & Engineering 0.3%
FLSmidth & Co. A/S		11,408		541,263


FINLAND 2.0%
Insurance 2.0%
Sampo OYJ, Class A		96,332		4,219,003


FRANCE 3.2%
Electrical Equipment 1.4%
Schneider Electric SA		37,240		2,966,570


Food & Staples Retailing 1.8%
Carrefour SA		129,843		3,978,056

				6,944,626


GERMANY 10.4%
Capital Markets 1.4%
Deutsche Bank AG REG		65,725		2,965,078


Construction Materials 1.6%
HeidelbergCement AG		43,543		3,354,577


Machinery 0.3%
MAN SE(a)		5,444		620,614


Metals & Mining 0.7%
ThyssenKrupp AG*		73,744		1,602,066


Multi-Utilities 1.0%
E.ON SE		124,547		2,114,698


Personal Products 0.7%
Beiersdorf AG		17,262		1,596,288


Pharmaceuticals 1.9%
Bayer AG REG		35,871		4,169,465


Semiconductors & Semiconductor Equipment 1.3%
Infineon Technologies AG		318,372		2,825,203


Software 1.5%
SAP AG		43,411		3,180,788

				22,428,777


HONG KONG 3.5%
Industrial Conglomerates 1.4%
Jardine Matheson Holdings Ltd.(a)		54,400		2,977,997


Insurance 2.1%
AIA Group Ltd.		947,800		4,486,258

				7,464,255


IRELAND 2.8%
Airlines 1.3%
Ryanair Holdings PLC, ADR		55,100		2,838,752


Pharmaceuticals 1.5%
Shire PLC		87,903		3,206,833

				6,045,585


ISRAEL 1.0%
Pharmaceuticals 1.0%
Teva Pharmaceutical Industries Ltd., ADR		56,800		2,254,960


ITALY 1.7%
Machinery 1.7%
Fiat Industrial SpA		299,482		3,697,466


JAPAN 23.5%
Airlines 1.1%
Japan Airlines Co., Ltd.		43,000		2,280,346


Auto Components 1.4%
Bridgestone Corp.		86,800		3,073,312


Automobiles 3.0%
Toyota Motor Corp.		105,500		6,419,747


Building Products 1.0%
Asahi Glass Co., Ltd.		319,000		2,063,176


Chemicals 1.5%
Shin-Etsu Chemical Co., Ltd.		52,900		3,295,693


Commercial Banks 1.9%
Mitsubishi UFJ Financial Group, Inc.		663,700		4,116,936


Diversified Financial Services 2.0%
ORIX Corp.		290,100		4,305,423


Gas Utilities 0.7%
Tokyo Gas Co., Ltd.		262,000		1,440,180


Household Durables 0.7%
Panasonic Corp.*		182,100		1,615,476


Insurance 1.7%
Tokio Marine Holdings, Inc.		117,200		3,740,668


Leisure Equipment & Products 1.0%
Sankyo Co., Ltd.		47,200		2,084,282


Machinery 1.4%
THK Co., Ltd.		143,300		2,983,936


Personal Products 1.3%
Shiseido Co., Ltd.		179,200		2,753,275


Trading Companies & Distributors 2.8%
ITOCHU Corp.		357,600		4,247,064
Mitsubishi Corp.		96,000		1,749,018

				5,996,082

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Value Fund



Common Stocks (continued)

	Shares		Market Value
JAPAN (continued)
Wireless Telecommunication Services 2.0%
KDDI Corp.		79,000	$	4,371,003

				50,539,535


NETHERLANDS 4.2%
Beverages 1.4%
Heineken NV		44,198		3,104,547


Chemicals 1.6%
Koninklijke DSM NV		49,013		3,444,589


Media 1.2%
Wolters Kluwer NV		107,160		2,588,546

				9,137,682


NORWAY 3.0%
Diversified Telecommunication Services 2.2%
Telenor ASA		215,125		4,764,310


Oil, Gas & Consumable Fuels 0.8%
Statoil ASA		78,375		1,701,258

				6,465,568


SPAIN 0.5%
Electric Utilities 0.5%
Acciona SA(a)		21,388		1,008,540


SWEDEN 0.8%
Oil, Gas & Consumable Fuels 0.8%
Lundin Petroleum AB*(a)		74,709		1,640,675


SWITZERLAND 10.3%
Capital Markets 1.5%
Credit Suisse Group AG REG*		112,135		3,293,829


Food Products 3.0%
Nestle SA REG		96,365		6,522,239


Metals & Mining 1.1%
Glencore Xstrata PLC		569,108		2,403,428


Pharmaceuticals 3.4%
Novartis AG REG		99,976		7,186,957


Professional Services 1.3%
SGS SA REG		1,251		2,831,524

				22,237,977


UNITED KINGDOM 21.0%
Beverages 1.3%
SABMiller PLC		57,800		2,833,110


Commercial Banks 4.8%
Barclays PLC		654,458		2,859,317
HSBC Holdings PLC		645,083		7,323,918

				10,183,235


Electric Utilities 0.9%
SSE PLC		81,180		1,943,413


Food Products 0.2%
Associated British Foods PLC		16,600		491,075


Hotels, Restaurants & Leisure 0.8%
Carnival PLC		45,242		1,741,550


Insurance 3.0%
Aviva PLC		489,275		2,760,685
Prudential PLC		205,006		3,640,867

				6,401,552


Metals & Mining 1.6%
Rio Tinto PLC		78,743		3,543,457


Oil, Gas & Consumable Fuels 2.8%
BP PLC		867,854		5,995,853


Software 1.4%
Sage Group PLC (The)		561,649		2,993,866


Textiles, Apparel & Luxury Goods 0.5%
Burberry Group PLC		42,100		981,381


Tobacco 2.0%
Imperial Tobacco Group PLC		128,733		4,320,918


Wireless Telecommunication Services 1.7%
Vodafone Group PLC		1,256,492		3,763,289

				45,192,699

Total Common Stocks (cost $180,426,248)				210,247,487


Exchange Traded Fund 0.7%

	Shares		Market Value
UNITED STATES 0.7%
iShares MSCI EAFE ETF		25,000		1,509,250

Total Exchange Traded Fund (cost $1,371,655)				1,509,250


Mutual Fund 1.6%

	Shares		Market Value

Money Market Fund 1.6%
Fidelity Institutional Money Market Fund - Institutional Class, 0.11% (b)		3,401,719		3,401,719

Total Mutual Fund (cost $3,401,719)				3,401,719


Repurchase Agreements 1.7%

	Principal Amount		Market Value
BNP Paribas Securities Corp., 0.07%, dated 07/31/13, due 08/01/13, repurchase price $3,000,006, collateralized by U.S. Government Agency Securities ranging from 0.00% - 5.38%, maturing 08/05/13 - 05/04/37; total market value $3,060,005. (c)	$	3,000,000		3,000,000

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Value Fund



Repurchase Agreements (continued)

	Principal Amount		Market Value
Credit Suisse (USA) LLC, 0.08%, dated 07/31/13, due 08/01/13, repurchase price $687,266, collateralized by U.S. Government Agency Securities ranging from 0.00% - 1.74%, maturing 07/15/18 - 05/04/37; total market value $701,015. (c)	$	687,265	$	687,265

Total Repurchase Agreements (cost $3,687,265)				3,687,265

Total Investments (cost $188,886,887) (d) — 101.6%				218,845,721
Liabilities in excess of other assets — (1.6%)				(3,398,000	)

NET ASSETS — 100.0%			$	215,447,721

*	Denotes a non-income producing security.

(a)	The security or a portion of this security is on loan at July 31, 2013. The total value of securities on loan at July 31, 2013 was $3,494,681.

(b)	Represents 7-day effective yield as of July 31, 2013.

(c)	The security was purchased with cash collateral held from securities on loan. The total value of securities purchased with cash collateral as of July 31, 2013 was $3,687,265.

(d)	At July 31, 2013, the tax basis cost of the Fund’s investments was $198,803,565, tax unrealized appreciation and depreciation were $30,400,239 and $(10,358,083), respectively.


AB		Stock Company
ADR		American Depositary Receipt
AG		Stock Corporation
A/S		Minimum Capital Public Traded Company
ASA		Stock Corporation
ETF		Exchange Traded Fund
LLC		Limited Liability Company
Ltd.		Limited
NV		Public Traded Company
OYJ		Public Traded Company
PLC		Public Limited Company
REG		Registered Shares
REIT		Real Estate Investment Trust
SA		Stock Company
SE		European Public Limited Liability Company
SpA		Limited Share Company

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Value Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.


	Level 1		Level 2		Level 3		Total
Assets:
Common Stocks
Airlines	$	2,838,752	$	2,280,346	$	—	$	5,119,098
Auto Components		—		3,073,312		—		3,073,312
Automobiles		—		6,419,747		—		6,419,747
Beverages		—		5,937,657		—		5,937,657
Building Products		—		2,063,176		—		2,063,176
Capital Markets		—		6,258,907		—		6,258,907
Chemicals		—		8,418,137		—		8,418,137
Commercial Banks		4,516,374		17,596,845		—		22,113,219
Construction & Engineering		—		541,263		—		541,263
Construction Materials		—		3,354,577		—		3,354,577
Diversified Financial Services		—		4,305,423		—		4,305,423
Diversified Telecommunication Services		—		4,764,310		—		4,764,310
Electric Utilities		—		2,951,953		—		2,951,953
Electrical Equipment		—		2,966,570		—		2,966,570
Food & Staples Retailing		—		3,978,056		—		3,978,056
Food Products		—		7,013,314		—		7,013,314
Gas Utilities		—		1,440,180		—		1,440,180
Hotels, Restaurants & Leisure		—		1,741,550		—		1,741,550
Household Durables		—		1,615,476		—		1,615,476
Industrial Conglomerates		—		2,977,997		—		2,977,997
Insurance		—		18,847,481		—		18,847,481
Leisure Equipment & Products		—		2,084,282		—		2,084,282

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide International Value Fund


	Level 1		Level 2		Level 3		Total
Assets: (continued)
Common Stocks (continued)
Machinery	$	—	$	7,302,016	$	—	$	7,302,016
Media		—		2,588,546		—		2,588,546
Metals & Mining		1,389,113		7,548,951		—		8,938,064
Multi-Utilities		—		2,114,698		—		2,114,698
Oil, Gas & Consumable Fuels		7,339,307		9,337,786		—		16,677,093
Personal Products		—		4,349,563		—		4,349,563
Pharmaceuticals		2,254,960		14,563,255		—		16,818,215
Professional Services		—		2,831,524		—		2,831,524
Real Estate Investment Trusts (REITs)		—		2,209,553		—		2,209,553
Semiconductors & Semiconductor Equipment		—		2,825,203		—		2,825,203
Software		—		6,174,654		—		6,174,654
Textiles, Apparel & Luxury Goods		—		981,381		—		981,381
Tobacco		—		4,320,918		—		4,320,918
Trading Companies & Distributors		—		5,996,082		—		5,996,082
Wireless Telecommunication Services		—		8,134,292		—		8,134,292

Total Common Stocks	$	18,338,506	$	191,908,981	$	—	$	210,247,487

Exchange Traded Fund		1,509,250		—		—		1,509,250
Mutual Fund		3,401,719		—		—		3,401,719
Repurchase Agreements		—		3,687,265		—		3,687,265

Total	$	23,249,475	$	195,596,246	$	—	$	218,845,721

Amounts designated as “—”, which may include fair valued securities, are zero or have been rounded to zero.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Investor Destinations Aggressive Fund



Mutual Funds 100.1%

	Shares		Market Value
Equity Funds 95.3%
Nationwide International Index Fund, Institutional Class(a)		44,767,779	$	348,740,998
Nationwide Mid Cap Market Index Fund, Institutional Class(a)		10,004,089		179,273,276
Nationwide S&P 500 Index Fund, Institutional Class(a)		33,918,759		473,845,064
Nationwide Small Cap Index Fund, Institutional Class(a)		8,066,952		120,358,918

Total Equity Funds (cost $911,323,998)				1,122,218,256


Fixed Income Fund 4.8%
Nationwide Bond Index Fund, Institutional Class(a)		4,990,186		56,189,498

Total Fixed Income Fund (cost $56,755,274)				56,189,498

Total Mutual Funds (cost $968,079,272)				1,178,407,754

Total Investments (cost $968,079,272) (b) — 100.1%				1,178,407,754
Liabilities in excess of other assets — (0.1%)				(607,261	)

NET ASSETS — 100.0%			$	1,177,800,493

(a)	Investment in affiliate.

(b)	At July 31, 2013, the tax basis cost of the Fund’s investments was $1,014,197,583, tax unrealized appreciation and depreciation were $164,899,340 and $(689,169), respectively.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Investor Destinations Aggressive Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.

At July 31, 2013, 100% of the market value of the Fund was determined based on Level 1 inputs.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Investor Destinations Conservative Fund



Mutual Funds 78.9%

	Shares		Market Value
Equity Funds 19.9%
Nationwide International Index Fund, Institutional Class(a)		2,722,148	$	21,205,531
Nationwide Mid Cap Market Index Fund, Institutional Class(a)		710,007		12,723,319
Nationwide S&P 500 Index Fund, Institutional Class(a)		3,643,041		50,893,276

Total Equity Funds (cost $66,678,447)				84,822,126


Fixed Income Funds 54.0%
Nationwide Bond Index Fund, Institutional Class(a)		12,078,767		136,006,921
Nationwide Enhanced Income Fund, Institutional Class(a)		6,690,541		59,412,001
Nationwide Inflation-Protected Securities Fund, Institutional Class(a)		3,621,009		33,928,851

Total Fixed Income Funds (cost $235,161,505)				229,347,773


Money Market Fund 5.0%
Nationwide Money Market Fund, Institutional Class, 0.00% *(a)(b)		21,205,532		21,205,532

Total Money Market Fund (cost $21,205,532)				21,205,532

Total Mutual Funds (cost $323,045,484)				335,375,431


Fixed Contract 21.0%

	Principal Amount		Market Value
Nationwide Fixed Contract, 3.50% (a)(c)	$	89,063,233		89,063,233

Total Fixed Contract (cost $89,063,233)				89,063,233

Total Investments (cost $412,108,717) (d) — 99.9%				424,438,664
Other assets in excess of liabilities — 0.1%				477,411

NET ASSETS — 100.0%			$	424,916,075

*	Denotes a non-income producing security.

(a)	Investment in affiliate.

(b)	Represents 7-day effective yield as of July 31, 2013.

(c)	The Nationwide Fixed Contract rate changes quarterly. The security is restricted and as the affiliated counterparty is required by contract to redeem daily upon request, it has been deemed liquid pursuant to procedures approved by the Board of Trustees.

(d)	At July 31, 2013, the tax basis cost of the Fund’s investments was $416,757,552, tax unrealized appreciation and depreciation were $14,622,975 and $(6,941,863), respectively.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Investor Destinations Conservative Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.


	Level 1		Level 2		Level 3		Total
Assets:
Fixed Contract	$	—	$	89,063,233	$	—	$	89,063,233
Mutual Funds		335,375,431		—		—		335,375,431

Total	$	335,375,431	$	89,063,233	$	—	$	424,438,664

Amounts designated as “—” are zero or have been rounded to zero.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Investor Destinations Moderate Fund



Mutual Funds 92.0%

	Shares		Market Value
Equity Funds 60.9%
Nationwide International Index Fund, Institutional Class(a)		35,681,611	$	277,959,752
Nationwide Mid Cap Market Index Fund, Institutional Class(a)		9,777,283		175,208,907
Nationwide S&P 500 Index Fund, Institutional Class(a)		35,832,969		500,586,582
Nationwide Small Cap Index Fund, Institutional Class(a)		6,004,236		89,583,204

Total Equity Funds (cost $762,882,755)				1,043,338,445


Fixed Income Funds 29.2%
Nationwide Bond Index Fund, Institutional Class(a)		29,844,965		336,054,307
Nationwide Enhanced Income Fund, Institutional Class(a)		11,368,964		100,956,399
Nationwide Inflation-Protected Securities Fund, Institutional Class(a)		6,776,020		63,491,311

Total Fixed Income Funds (cost $509,385,201)				500,502,017


Money Market Fund 1.9%
Nationwide Money Market Fund, Institutional Class, 0.00% *(a)(b)		33,255,582		33,255,582

Total Money Market Fund (cost $33,255,582)				33,255,582

Total Mutual Funds (cost $1,305,523,538)				1,577,096,044


Fixed Contract 8.0%

	Principal Amount		Market Value
Nationwide Fixed Contract, 3.50% (a)(c)	$	136,199,910		136,199,910

Total Fixed Contract (cost $136,199,910)				136,199,910

Total Investments (cost $1,441,723,448) (d) — 100.0%				1,713,295,954
Liabilities in excess of other assets — (0.0%) †				(768,035	)

NET ASSETS — 100.0%			$	1,712,527,919

*	Denotes a non-income producing security.

(a)	Investment in affiliate.

(b)	Represents 7-day effective yield as of July 31, 2013.

(c)	The Nationwide Fixed Contract rate changes quarterly. The security is restricted and as the affiliated counterparty is required by contract to redeem daily upon request, it has been deemed liquid pursuant to procedures approved by the Board of Trustees.

(d)	At July 31, 2013, the tax basis cost of the Fund’s investments was $1,493,445,223, tax unrealized appreciation and depreciation were $230,321,859 and $(10,471,128), respectively.

†	Amount rounds to less than 0.1%.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Investor Destinations Moderate Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.


	Level 1		Level 2		Level 3		Total
Assets:
Fixed Contract	$	—	$	136,199,910	$	—	$	136,199,910
Mutual Funds		1,577,096,044		—		—		1,577,096,044

Total	$	1,577,096,044	$	136,199,910	$	—	$	1,713,295,954

Amounts designated as “—” are zero or have been rounded to zero.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Investor Destinations Moderately Aggressive Fund



Mutual Funds 97.7%

	Shares		Market Value
Equity Funds 80.9%
Nationwide International Index Fund, Institutional Class(a)		62,546,995	$	487,241,089
Nationwide Mid Cap Market Index Fund, Institutional Class(a)		13,511,624		242,128,303
Nationwide S&P 500 Index Fund, Institutional Class(a)		49,620,770		693,202,158
Nationwide Small Cap Index Fund, Institutional Class(a)		10,970,555		163,680,676

Total Equity Funds (cost $1,244,625,973)				1,586,252,226


Fixed Income Funds 16.8%
Nationwide Bond Index Fund, Institutional Class(a)		22,013,857		247,876,031
Nationwide Enhanced Income Fund, Institutional Class(a)		5,192,649		46,110,726
Nationwide Inflation-Protected Securities Fund, Institutional Class(a)		3,706,884		34,733,501

Total Fixed Income Funds (cost $334,893,738)				328,720,258

Total Mutual Funds (cost $1,579,519,711)				1,914,972,484


Fixed Contract 2.4%

	Principal Amount		Market Value
Nationwide Fixed Contract, 3.50%(a)(b)	$	46,773,899		46,773,899

Total Fixed Contract (cost $46,773,899)				46,773,899

Total Investments (cost $1,626,293,610) (c) — 100.1%				1,961,746,383
Liabilities in excess of other assets — (0.1%)				(1,022,770	)

NET ASSETS — 100.0%			$	1,960,723,613

(a)	Investment in affiliate.

(b)	The Nationwide Fixed Contract rate changes quarterly. The security is restricted and as the affiliated counterparty is required by contract to redeem daily upon request, it has been deemed liquid pursuant to procedures approved by the Board of Trustees.

(c)	At July 31, 2013, the tax basis cost of the Fund’s investments was $1,691,300,839, tax unrealized appreciation and depreciation were $277,772,908 and $(7,327,364), respectively.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Investor Destinations Moderately Aggressive Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.


	Level 1		Level 2		Level 3		Total
Assets:
Fixed Contract	$	—	$	46,773,899	$	—	$	46,773,899
Mutual Funds		1,914,972,484		—		—		1,914,972,484

Total	$	1,914,972,484	$	46,773,899	$	—	$	1,961,746,383

Amounts designated as “—” are zero or have been rounded to zero.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Investor Destinations Moderately Conservative Fund



Mutual Funds 86.1%

	Shares		Market Value
Equity Funds 40.1%
Nationwide International Index Fund, Institutional Class(a)		7,369,049	$	57,404,893
Nationwide Mid Cap Market Index Fund, Institutional Class(a)		1,926,093		34,515,581
Nationwide S&P 500 Index Fund, Institutional Class(a)		9,024,540		126,072,830
Nationwide Small Cap Index Fund, Institutional Class(a)		779,241		11,626,268

Total Equity Funds (cost $164,179,197)				229,619,572


Fixed Income Funds 43.0%
Nationwide Bond Index Fund, Institutional Class(a)		13,747,545		154,797,352
Nationwide Enhanced Income Fund, Institutional Class(a)		6,413,912		56,955,537
Nationwide Inflation-Protected Securities Fund, Institutional Class(a)		3,646,237		34,165,243

Total Fixed Income Funds (cost $251,562,413)				245,918,132


Money Market Fund 3.0%
Nationwide Money Market Fund, Institutional Class, 0.00% *(a)(b)		17,071,465		17,071,465

Total Money Market Fund (cost $17,071,465)				17,071,465

Total Mutual Funds (cost $432,813,075)				492,609,169


Fixed Contract 14.0%

	Principal Amount		Market Value
Nationwide Fixed Contract, 3.50%(a)(c)	$	79,990,014		79,990,014

Total Fixed Contract (cost $79,990,014)				79,990,014

Total Investments (cost $512,803,089) (d) — 100.1%				572,599,183
Liabilities in excess of other assets — (0.1%)				(326,601	)

NET ASSETS — 100.0%			$	572,272,582

*	Denotes a non-income producing security.

(a)	Investment in affiliate.

(b)	Represents 7-day effective yield as of July 31, 2013.

(c)	The Nationwide Fixed Contract rate changes quarterly. The security is restricted and as the affiliated counterparty is required by contract to redeem daily upon request, it has been deemed liquid pursuant to procedures approved by the Board of Trustees.

(d)	At July 31, 2013, the tax basis cost of the Fund’s investments was $530,067,515, tax unrealized appreciation and depreciation were $49,546,784 and $(7,015,116), respectively.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Investor Destinations Moderately Conservative Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.


	Level 1		Level 2		Level 3		Total
Assets:
Fixed Contract	$	—	$	79,990,014	$	—	$	79,990,014
Mutual Funds		492,609,169		—		—		492,609,169

Total	$	492,609,169	$	79,990,014	$	—	$	572,599,183

Amounts designated as “—” are zero or have been rounded to zero.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Mid Cap Market Index Fund



Common Stocks 97.6%

	Shares		Market Value
Aerospace & Defense 1.6%
Alliant Techsystems, Inc.		25,467	$	2,370,978
B/E Aerospace, Inc.*		82,874		5,777,146
Esterline Technologies Corp.*		24,767		2,017,024
Exelis, Inc.		148,873		2,200,343
Huntington Ingalls Industries, Inc.		39,699		2,468,484
Triumph Group, Inc.		40,836		3,203,993

				18,037,968


Air Freight & Logistics 0.1%
UTi Worldwide, Inc.		82,806		1,366,299


Airlines 0.4%
Alaska Air Group, Inc.*		55,584		3,400,073
JetBlue Airways Corp.*		179,067		1,171,098

				4,571,171


Auto Components 0.2%
Gentex Corp.		113,674		2,566,759


Automobiles 0.2%
Thor Industries, Inc.		34,840		1,883,102


Biotechnology 1.5%
United Therapeutics Corp.*		36,553		2,735,626
Vertex Pharmaceuticals, Inc.*		175,206		13,981,439

				16,717,065


Building Products 0.7%
Fortune Brands Home & Security, Inc.		130,601		5,395,128
Lennox International, Inc.		36,293		2,606,563

				8,001,691


Capital Markets 2.5%
Affiliated Managers Group, Inc.*		41,739		7,527,629
Apollo Investment Corp.		177,969		1,446,888
Eaton Vance Corp.		96,096		3,889,005
Federated Investors, Inc., Class B(a)		74,579		2,165,028
Greenhill & Co., Inc.		20,764		1,045,260
Janus Capital Group, Inc.		150,240		1,407,749
Raymond James Financial, Inc.		89,493		3,943,957
SEI Investments Co.		106,410		3,363,620
Waddell & Reed Financial, Inc., Class A		68,040		3,474,122

				28,263,258


Chemicals 2.7%
Albemarle Corp.		69,512		4,310,439
Ashland, Inc.		58,154		5,050,093
Cabot Corp.		47,433		1,945,702
Cytec Industries, Inc.		33,192		2,585,657
Intrepid Potash, Inc.(a)		42,505		543,214
Minerals Technologies, Inc.		27,587		1,269,002
NewMarket Corp.		8,437		2,299,589
Olin Corp.		63,503		1,549,473
RPM International, Inc.		104,825		3,694,033
Scotts Miracle-Gro Co. (The), Class A(a)		30,732		1,544,283
Sensient Technologies Corp.		39,571		1,741,520
Valspar Corp. (The)		64,672		4,405,456

				30,938,461


Commercial Banks 4.5%
Associated Banc-Corp.		132,712		2,248,141
BancorpSouth, Inc.		66,370		1,304,171
Bank of Hawaii Corp.		35,484		1,974,330
Cathay General Bancorp		57,970		1,377,367
City National Corp.		37,724		2,622,950
Commerce Bancshares, Inc.		60,992		2,783,065
Cullen/Frost Bankers, Inc.(a)		47,486		3,420,891
East West Bancorp, Inc.		107,755		3,322,087
First Horizon National Corp.		190,976		2,354,734
First Niagara Financial Group, Inc.		280,182		2,995,146
FirstMerit Corp.		131,201		2,941,526
Fulton Financial Corp.		154,422		1,944,173
Hancock Holding Co.		67,169		2,200,456
International Bancshares Corp.		43,058		1,042,434
Prosperity Bancshares, Inc.		37,203		2,195,721
Signature Bank*		37,409		3,424,794
SVB Financial Group*		35,685		3,112,446
Synovus Financial Corp.		675,054		2,247,930
TCF Financial Corp.		129,711		1,976,796
Trustmark Corp.		53,215		1,435,209
Valley National Bancorp(a)		157,903		1,634,296
Webster Financial Corp.		71,463		1,946,652
Westamerica Bancorporation(a)		21,351		1,024,634

				51,529,949


Commercial Services & Supplies 1.8%
Brink’s Co. (The)		37,975		1,015,072
Clean Harbors, Inc.*		42,650		2,407,166
Copart, Inc.*		84,406		2,744,039
Deluxe Corp.		40,300		1,652,703
Herman Miller, Inc.		46,257		1,300,284
HNI Corp.		35,999		1,371,922
Mine Safety Appliances Co.		24,682		1,311,355
Rollins, Inc.		52,039		1,326,994
RR Donnelley & Sons Co.(a)		143,684		2,728,559
Waste Connections, Inc.		97,661		4,224,815

				20,082,909


Communications Equipment 0.8%
ADTRAN, Inc.		46,905		1,239,699
Ciena Corp.*		80,286		1,771,109
InterDigital, Inc.		32,550		1,293,211

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Mid Cap Market Index Fund



Common Stocks (continued)

	Shares		Market Value
Communications Equipment (continued)
Plantronics, Inc.		34,275	$	1,593,445
Polycom, Inc.*		136,518		1,305,112
Riverbed Technology, Inc.*		129,290		2,022,096

				9,224,672


Computers & Peripherals 1.0%
3D Systems Corp.*(a)		73,368		3,465,171
Diebold, Inc.		50,404		1,646,195
Lexmark International, Inc., Class A		49,864		1,869,401
NCR Corp.*		130,119		4,684,284

				11,665,051


Construction & Engineering 0.9%
AECOM Technology Corp.*		81,570		2,765,223
Granite Construction, Inc.		28,150		851,537
KBR, Inc.		116,961		3,658,540
URS Corp.		60,059		2,792,744

				10,068,044


Construction Materials 0.5%
Eagle Materials, Inc.		37,214		2,511,201
Martin Marietta Materials, Inc.		36,342		3,619,663

				6,130,864


Containers & Packaging 1.7%
AptarGroup, Inc.		52,795		3,082,700
Greif, Inc., Class A		24,106		1,333,544
Packaging Corp. of America		77,621		4,175,234
Rock Tenn Co., Class A		56,908		6,507,430
Silgan Holdings, Inc.		35,827		1,728,294
Sonoco Products Co.		80,066		3,081,740

				19,908,942


Distributors 0.5%
LKQ Corp.*		236,286		6,159,976


Diversified Consumer Services 0.9%
Apollo Group, Inc., Class A*		79,100		1,441,202
DeVry, Inc.		44,787		1,347,193
Matthews International Corp., Class A		21,822		844,075
Regis Corp.		44,942		780,642
Service Corp. International		167,521		3,177,873
Sotheby’s		54,058		2,432,610
Strayer Education, Inc.(a)		8,556		378,689

				10,402,284


Diversified Financial Services 0.6%
CBOE Holdings, Inc.		69,058		3,459,806
MSCI, Inc.*		95,556		3,349,238

				6,809,044


Diversified Telecommunication Services 0.3%
tw telecom, inc.*		118,949		3,542,301


Electric Utilities 2.1%
Cleco Corp.		47,829		2,320,185
Great Plains Energy, Inc.		121,531		2,939,835
Hawaiian Electric Industries, Inc.(a)		78,022		2,080,067
IDACORP, Inc.		39,760		2,098,135
NV Energy, Inc.		186,308		4,402,458
OGE Energy Corp.		156,908		5,868,359
PNM Resources, Inc.		63,031		1,479,968
Westar Energy, Inc.		100,350		3,370,756

				24,559,763


Electrical Equipment 1.7%
Acuity Brands, Inc.		33,888		2,931,312
AMETEK, Inc.		192,706		8,918,434
General Cable Corp.		39,420		1,242,519
Hubbell, Inc., Class B		42,272		4,537,899
Regal-Beloit Corp.		35,599		2,302,543

				19,932,707


Electronic Equipment, Instruments & Components 2.0%
Arrow Electronics, Inc.*		82,825		3,780,961
Avnet, Inc.*		108,448		4,085,236
Ingram Micro, Inc., Class A*		120,596		2,753,207
Itron, Inc.*		31,307		1,349,958
National Instruments Corp.		75,211		2,120,198
Tech Data Corp.*		29,881		1,534,091
Trimble Navigation Ltd.*		202,352		5,775,126
Vishay Intertechnology, Inc.*		104,437		1,502,848

				22,901,625


Energy Equipment & Services 2.9%
Atwood Oceanics, Inc.*		45,355		2,555,301
CARBO Ceramics, Inc.(a)		15,535		1,364,905
Dresser-Rand Group, Inc.*		60,307		3,670,887
Dril-Quip, Inc.*		28,923		2,629,390
Helix Energy Solutions Group, Inc.*		77,910		1,976,577
Oceaneering International, Inc.		85,616		6,942,601
Oil States International, Inc.*		43,485		4,228,047
Patterson-UTI Energy, Inc.		116,029		2,293,893
Superior Energy Services, Inc.*		126,278		3,235,242
Tidewater, Inc.		39,117		2,307,512
Unit Corp.*		34,568		1,558,325

				32,762,680


Food & Staples Retailing 0.5%
Harris Teeter Supermarkets, Inc.		39,090		1,922,446
SUPERVALU, Inc.*(a)		158,729		1,271,420
United Natural Foods, Inc.*		39,067		2,289,326

				5,483,192


Food Products 2.5%
Dean Foods Co.*		147,721		1,610,159
Flowers Foods, Inc.		136,365		3,130,941

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Mid Cap Market Index Fund



Common Stocks (continued)

	Shares		Market Value
Food Products (continued)
Green Mountain Coffee Roasters, Inc.*(a)		98,013	$	7,564,643
Hillshire Brands Co.		97,373		3,428,503
Ingredion, Inc.		61,294		4,118,957
Lancaster Colony Corp.		15,345		1,274,095
Post Holdings, Inc.*		25,849		1,199,135
Smithfield Foods, Inc.*		99,022		3,287,531
Tootsie Roll Industries, Inc.(a)		16,576		561,263
WhiteWave Foods Co., Class A*(a)		136,841		2,557,558

				28,732,785


Gas Utilities 1.4%
Atmos Energy Corp.		71,598		3,167,495
National Fuel Gas Co.		66,113		4,286,106
Questar Corp.		138,520		3,305,087
UGI Corp.		90,107		3,783,593
WGL Holdings, Inc.		40,910		1,880,633

				16,422,914


Health Care Equipment & Supplies 2.5%
Cooper Cos., Inc. (The)(a)		38,510		4,904,249
Hill-Rom Holdings, Inc.		47,290		1,753,040
Hologic, Inc.*		213,149		4,838,482
IDEXX Laboratories, Inc.*		42,812		4,195,148
Masimo Corp.		40,616		945,947
ResMed, Inc.(a)		112,732		5,371,680
STERIS Corp.		46,666		2,100,903
Teleflex, Inc.		32,531		2,583,937
Thoratec Corp.*		45,366		1,487,551

				28,180,937


Health Care Providers & Services 3.2%
Community Health Systems, Inc.		74,608		3,436,444
Health Management Associates, Inc., Class A*		205,270		2,767,040
Health Net, Inc.*		62,737		1,924,144
Henry Schein, Inc.*		68,948		7,158,871
LifePoint Hospitals, Inc.*		37,521		1,844,532
MEDNAX, Inc.*		39,580		3,855,884
Omnicare, Inc.		83,027		4,382,995
Owens & Minor, Inc.		50,085		1,801,057
Universal Health Services, Inc., Class B		70,622		4,940,009
VCA Antech, Inc.*		70,112		2,016,421
WellCare Health Plans, Inc.*		34,430		2,101,263

				36,228,660


Health Care Technology 0.3%
Allscripts Healthcare Solutions, Inc.*		140,346		2,218,870
HMS Holdings Corp.*		69,446		1,679,899

				3,898,769


Hotels, Restaurants & Leisure 1.7%
Bally Technologies, Inc.*(a)		30,562		2,190,684
Bob Evans Farms, Inc.		22,030		1,119,565
Brinker International, Inc.		55,824		2,241,334
Cheesecake Factory, Inc. (The)		39,266		1,666,449
Domino’s Pizza, Inc.		44,512		2,785,561
International Speedway Corp., Class A		20,238		685,056
Life Time Fitness, Inc.*		31,340		1,670,109
Panera Bread Co., Class A*		22,168		3,703,164
Scientific Games Corp., Class A*		41,845		570,347
Wendy’s Co. (The)		224,669		1,597,397
WMS Industries, Inc.*		43,391		1,117,318

				19,346,984


Household Durables 2.1%
Jarden Corp.*		79,970		3,636,236
KB Home(a)		64,872		1,151,478
M.D.C. Holdings, Inc.		30,945		979,100
Mohawk Industries, Inc.*		48,191		5,734,247
NVR, Inc.*		3,706		3,430,274
Tempur Sealy International, Inc.*		47,777		1,894,358
Toll Brothers, Inc.*		119,217		3,918,663
Tupperware Brands Corp.		41,852		3,527,286

				24,271,642


Household Products 1.0%
Church & Dwight Co., Inc.		109,349		6,965,531
Energizer Holdings, Inc.		49,261		5,014,770

				11,980,301


Industrial Conglomerates 0.3%
Carlisle Cos., Inc.		50,349		3,410,641


Information Technology Services 3.3%
Acxiom Corp.*		58,386		1,504,607
Alliance Data Systems Corp.*(a)		38,921		7,697,795
Broadridge Financial Solutions, Inc.		95,925		2,776,070
Convergys Corp.		83,137		1,573,784
CoreLogic, Inc.*		75,565		2,108,264
DST Systems, Inc.		23,626		1,654,529
Gartner, Inc.*		74,203		4,452,922
Global Payments, Inc.		61,227		2,835,422
Jack Henry & Associates, Inc.		68,141		3,291,210
Lender Processing Services, Inc.		67,210		2,196,423
ManTech International Corp., Class A(a)		18,710		552,693
NeuStar, Inc., Class A*		52,069		2,920,030
VeriFone Systems, Inc.*		86,004		1,640,096
WEX, Inc.*		30,694		2,668,536

				37,872,381


Insurance 4.7%
Alleghany Corp.*		13,331		5,384,124
American Financial Group, Inc.		59,786		3,090,338
Arthur J. Gallagher & Co.		100,323		4,452,335
Aspen Insurance Holdings Ltd.		53,900		2,020,711
Brown & Brown, Inc.		93,457		3,083,147
Everest Re Group Ltd.		39,545		5,280,444
Fidelity National Financial, Inc., Class A		169,123		4,140,131
First American Financial Corp.		85,650		1,946,825
Hanover Insurance Group, Inc. (The)		34,828		1,874,791
HCC Insurance Holdings, Inc.		79,446		3,537,730

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Mid Cap Market Index Fund



Common Stocks (continued)

	Shares		Market Value
Insurance (continued)
Kemper Corp.		42,713	$	1,492,819
Mercury General Corp.		28,430		1,256,606
Old Republic International Corp.		191,001		2,759,965
Primerica, Inc.		36,554		1,500,176
Protective Life Corp.		62,140		2,692,526
Reinsurance Group of America, Inc.		57,369		3,906,255
StanCorp Financial Group, Inc.		35,031		1,859,796
W.R. Berkley Corp.		87,193		3,694,367

				53,973,086


Internet & Catalog Retail 0.1%
HSN, Inc.		28,299		1,699,638


Internet Software & Services 1.3%
AOL, Inc.*		61,315		2,258,844
Equinix, Inc.*		39,059		7,005,232
Monster Worldwide, Inc.*		92,657		529,998
Rackspace Hosting, Inc.*		87,431		3,959,750
ValueClick, Inc.*		56,731		1,386,506

				15,140,330


Leisure Equipment & Products 0.5%
Polaris Industries, Inc.		50,598		5,674,060


Life Sciences Tools & Services 1.3%
Bio-Rad Laboratories, Inc., Class A*		16,037		1,956,354
Charles River Laboratories International, Inc.*		38,821		1,767,908
Covance, Inc.*		44,231		3,649,057
Mettler-Toledo International, Inc.*		23,886		5,269,252
Techne Corp.		27,399		2,020,402

				14,662,973


Machinery 5.0%
AGCO Corp.		76,991		4,330,744
CLARCOR, Inc.		39,282		2,159,724
Crane Co.		38,461		2,342,275
Donaldson Co., Inc.		106,912		3,875,560
Graco, Inc.		48,492		3,383,772
Harsco Corp.		63,831		1,644,287
IDEX Corp.		65,070		3,881,425
ITT Corp.		71,138		2,222,351
Kennametal, Inc.		62,305		2,700,299
Lincoln Electric Holdings, Inc.		65,635		3,875,090
Nordson Corp.		44,716		3,226,707
Oshkosh Corp.*		69,652		3,121,803
SPX Corp.		37,028		2,829,309
Terex Corp.*		88,027		2,595,036
Timken Co.		63,139		3,688,580
Trinity Industries, Inc.		62,734		2,469,838
Valmont Industries, Inc.		18,625		2,600,795
Wabtec Corp.		76,141		4,420,746
Woodward, Inc.		47,863		1,958,554

				57,326,895


Marine 0.4%
Kirby Corp.*		44,910		3,793,099
Matson, Inc.		33,851		958,660

				4,751,759


Media 1.3%
AMC Networks, Inc., Class A*		45,699		3,119,414
Cinemark Holdings, Inc.		80,507		2,344,364
DreamWorks Animation SKG, Inc., Class A*(a)		56,282		1,393,542
John Wiley & Sons, Inc., Class A		36,596		1,651,577
Lamar Advertising Co., Class A*		44,041		1,908,297
Meredith Corp.		28,523		1,355,413
New York Times Co. (The), Class A*		96,670		1,177,441
Scholastic Corp.		20,898		637,389
Valassis Communications, Inc.(a)		30,724		879,628

				14,467,065


Metals & Mining 1.4%
Carpenter Technology Corp.		35,037		1,831,734
Commercial Metals Co.		92,487		1,432,624
Compass Minerals International, Inc.		26,338		1,991,153
Reliance Steel & Aluminum Co.		60,701		4,261,210
Royal Gold, Inc.		51,468		2,660,381
Steel Dynamics, Inc.		174,278		2,711,766
Worthington Industries, Inc.		42,228		1,510,495

				16,399,363


Multiline Retail 0.3%
Big Lots, Inc.*		46,099		1,665,557
Saks, Inc.*		79,624		1,275,576

				2,941,133


Multi-Utilities 1.1%
Alliant Energy Corp.		87,773		4,649,336
Black Hills Corp.		35,220		1,868,421
MDU Resources Group, Inc.		149,421		4,189,765
Vectren Corp.		65,104		2,410,150

				13,117,672


Office Electronics 0.2%
Zebra Technologies Corp., Class A*		40,296		1,860,466


Oil, Gas & Consumable Fuels 2.3%
Alpha Natural Resources, Inc.*		175,270		953,469
Arch Coal, Inc.(a)		167,585		653,581
Bill Barrett Corp.*(a)		38,644		866,398
Cimarex Energy Co.		68,408		5,228,423
Energen Corp.		57,150		3,422,714
HollyFrontier Corp.		160,892		7,328,631
Rosetta Resources, Inc.*		48,362		2,205,791
SM Energy Co.		52,434		3,603,789
World Fuel Services Corp.		57,492		2,227,240

				26,490,036


Paper & Forest Products 0.3%
Domtar Corp.		26,595		1,848,618
Louisiana-Pacific Corp.*		110,206		1,791,950

				3,640,568


Pharmaceuticals 0.7%
Endo Health Solutions, Inc.*		88,816		3,415,864
Mallinckrodt PLC*(a)		46,415		2,129,984

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Mid Cap Market Index Fund



Common Stocks (continued)

	Shares		Market Value
Pharmaceuticals (continued)
Salix Pharmaceuticals Ltd.*		41,231	$	3,046,971

				8,592,819


Professional Services 0.9%
Corporate Executive Board Co. (The)		26,615		1,794,650
FTI Consulting, Inc.*		31,896		1,188,445
Manpowergroup, Inc.		61,075		4,084,085
Towers Watson & Co., Class A		44,671		3,762,638

				10,829,818


Real Estate Investment Trusts (REITs) 9.1%
Alexandria Real Estate Equities, Inc.		55,714		3,816,409
American Campus Communities, Inc.		82,910		3,184,573
BioMed Realty Trust, Inc.		147,479		3,046,916
BRE Properties, Inc.		60,973		3,235,227
Camden Property Trust		67,148		4,736,620
Corporate Office Properties Trust		67,896		1,729,990
Corrections Corp. of America		91,198		3,014,094
Duke Realty Corp.		254,535		4,192,191
Equity One, Inc.		48,906		1,131,685
Essex Property Trust, Inc.		30,071		4,850,152
Extra Space Storage, Inc.		82,019		3,448,899
Federal Realty Investment Trust		51,638		5,439,031
Highwoods Properties, Inc.		65,028		2,359,216
Home Properties, Inc.		44,402		2,833,292
Hospitality Properties Trust		110,572		3,150,196
Kilroy Realty Corp.		59,644		3,121,767
Liberty Property Trust		95,178		3,636,751
Mack-Cali Realty Corp.		66,049		1,589,139
National Retail Properties, Inc.		93,690		3,278,213
Omega Healthcare Investors, Inc.		91,944		2,926,577
Potlatch Corp.		32,092		1,413,011
Rayonier, Inc.		99,743		5,828,981
Realty Income Corp.		153,911		6,681,276
Regency Centers Corp.		72,507		3,823,294
Senior Housing Properties Trust		148,824		3,742,924
SL Green Realty Corp.		71,815		6,510,030
Taubman Centers, Inc.		50,249		3,679,232
UDR, Inc.		198,494		4,970,290
Weingarten Realty Investors		88,732		2,779,086

				104,149,062


Real Estate Management & Development 0.4%
Alexander & Baldwin, Inc.*		34,075		1,509,182
Jones Lang LaSalle, Inc.		34,894		3,176,401

				4,685,583


Road & Rail 1.2%
Con-way, Inc.		44,614		1,849,250
Genesee & Wyoming, Inc., Class A*		39,205		3,515,120
J.B. Hunt Transport Services, Inc.		71,643		5,368,210
Landstar System, Inc.		36,839		1,991,517
Werner Enterprises, Inc.		35,288		849,029

				13,573,126


Semiconductors & Semiconductor Equipment 2.2%
Atmel Corp.*		339,172		2,679,459
Cree, Inc.*		93,329		6,523,697
Cypress Semiconductor Corp.*		107,137		1,368,139
Fairchild Semiconductor International, Inc.*		100,548		1,268,916
Integrated Device Technology, Inc.*		116,871		1,053,008
International Rectifier Corp.*		54,958		1,325,037
Intersil Corp., Class A		100,893		1,030,118
RF Micro Devices, Inc.*		222,850		1,156,591
Semtech Corp.*		53,438		1,616,499
Silicon Laboratories, Inc.*		30,926		1,207,970
Skyworks Solutions, Inc.*		151,291		3,634,010
SunEdison, Inc.*		183,608		1,850,769

				24,714,213


Software 4.3%
ACI Worldwide, Inc.*		31,556		1,494,177
Advent Software, Inc.		25,651		754,909
ANSYS, Inc.*		73,793		5,891,633
Cadence Design Systems, Inc.*		224,002		3,265,949
CommVault Systems, Inc.*		34,219		2,889,110
Compuware Corp.		168,982		1,916,256
Concur Technologies, Inc.*(a)		36,241		3,221,462
FactSet Research Systems, Inc.(a)		32,019		3,495,834
Fair Isaac Corp.		28,408		1,419,264
Informatica Corp.*		85,568		3,266,131
Mentor Graphics Corp.		75,101		1,541,824
MICROS Systems, Inc.*		62,243		3,033,101
PTC, Inc.*		94,602		2,561,822
Rovi Corp.*		81,800		1,842,954
SolarWinds, Inc.*		48,765		1,730,670
Solera Holdings, Inc.		54,516		3,102,506
Synopsys, Inc.*		121,673		4,506,768
TIBCO Software, Inc.*		123,443		3,078,668

				49,013,038


Specialty Retail 4.2%
Aaron’s, Inc.		55,716		1,596,821
Advance Auto Parts, Inc.		57,871		4,773,779
Aeropostale, Inc.*		62,227		941,494
American Eagle Outfitters, Inc.		138,740		2,724,854
Ann, Inc.*		37,301		1,264,131
Ascena Retail Group, Inc.*		100,690		1,922,172
Barnes & Noble, Inc.*		29,938		534,393
Cabela’s, Inc.*		36,797		2,525,746
Chico’s FAS, Inc.		128,375		2,199,064
CST Brands, Inc.*		47,730		1,556,475
Dick’s Sporting Goods, Inc.		79,296		4,076,607
Foot Locker, Inc.		118,796		4,292,099
Guess?, Inc.		48,342		1,628,159
Office Depot, Inc.*		226,829		982,170
Rent-A-Center, Inc.		45,762		1,830,022
Signet Jewelers Ltd.		63,999		4,678,967
Tractor Supply Co.		55,232		6,690,252
Williams-Sonoma, Inc.		68,030		4,004,246

				48,221,451


Textiles, Apparel & Luxury Goods 1.2%
Carter’s, Inc.		40,320		2,875,623
Deckers Outdoor Corp.*(a)		27,306		1,497,188
Hanesbrands, Inc.		77,996		4,949,626

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Mid Cap Market Index Fund



Common Stocks (continued)

	Shares		Market Value
Textiles, Apparel & Luxury Goods (continued)
Under Armour, Inc., Class A*(a)		61,549	$	4,131,784

				13,454,221


Thrifts & Mortgage Finance 0.7%
Astoria Financial Corp.		64,795		790,499
New York Community Bancorp, Inc.		348,848		5,292,024
Washington Federal, Inc.		82,447		1,793,222

				7,875,745


Tobacco 0.1%
Universal Corp.(a)		18,429		1,129,698


Trading Companies & Distributors 1.0%
GATX Corp.		37,034		1,673,196
MSC Industrial Direct Co., Inc., Class A		37,071		3,000,897
United Rentals, Inc.*		74,588		4,275,384
Watsco, Inc.		23,493		2,193,072

				11,142,549


Water Utilities 0.3%
Aqua America, Inc.		111,384		3,771,462


Wireless Telecommunication Services 0.2%
Telephone & Data Systems, Inc.		79,526		2,108,234

Total Common Stocks (cost $805,107,281)				1,119,261,854


Mutual Fund 3.2%

	Shares		Market Value
Money Market Fund 3.2%
Fidelity Institutional Money Market Fund - Institutional Class, 0.11% (b)		36,586,394		36,586,394

Total Mutual Fund (cost $36,586,394)				36,586,394


Repurchase Agreements 5.1%

	Principal Amount		Market Value
BNP Paribas Securities Corp., 0.07%, dated 07/31/13, due 08/01/13, repurchase price $43,750,085, collateralized by U.S. Government Agency Securities ranging from 0.00% - 5.38%, maturing 08/05/13 - 05/04/37; total market value $44,625,078. (c)	$	43,750,000	$	43,750,000
Credit Suisse (USA) LLC, 0.08%, dated 07/31/13, due 08/01/13, repurchase price $14,400,695, collateralized by U.S. Government Agency Securities ranging from 0.00% - 1.74%, maturing 07/15/18 - 05/04/37; total market value $14,688,787. (c)		14,400,663		14,400,663

Total Repurchase Agreements (cost $58,150,663)				58,150,663

Total Investments (cost $899,844,338) (d) — 105.9%				1,213,998,911
Liabilities in excess of other assets — (5.9%)				(67,140,435	)

NET ASSETS — 100.0%			$	1,146,858,476

*	Denotes a non-income producing security.

(a)

The security or a portion of this security is on loan at July 31, 2013. The total value of securities on loan at July 31, 2013 was $61,564,160 which was collateralized by a repurchase agreement with a value of $58,150,663 and $4,391,356 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.25% - 3.63%, and maturity dates ranging from 01/31/14 - 08/15/19 a total value of $62,542,019.

(b)	Represents 7-day effective yield as of July 31, 2013.

(c)	The security was purchased with cash collateral held from securities on loan. The total value of securities purchased with cash collateral as of July 31, 2013 was $58,150,663.

(d)	At July 31, 2013, the tax basis cost of the Fund’s investments was $916,867,599, tax unrealized appreciation and depreciation were $330,616,261 and $(33,484,949), respectively.


LLC		Limited Liability Company
Ltd.		Limited
PLC		Public Limited Company
REIT		Real Estate Investment Trust

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Mid Cap Market Index Fund

At July 31, 2013, the Fund’s open futures contracts were as follows:


Number of Contracts	Long Contracts	Expiration		Notional Value Covered by Contracts		Unrealized Appreciation/ (Depreciation)
286	S&P MID 400 E-Mini		09/20/13	$	35,163,700	$	1,796,559

At July 31, 2013, the Fund had $1,528,600 segregated as collateral with the broker for open futures contacts.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Mid Cap Market Index Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.


	Level 1		Level 2		Level 3		Total
Assets:
Common Stocks	$	1,119,261,854	$	—	$	—	$	1,119,261,854
Future Contract		1,796,559		—		—		1,796,559
Mutual Fund		36,586,394		—		—		36,586,394
Repurchase Agreements		—		58,150,663		—		58,150,663

Total	$	1,157,644,807	$	58,150,663	$	—	$	1,215,795,470

Amounts designated as “—”, which may include fair valued securities, are zero or have been rounded to zero.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Mid Cap Market Index Fund

Futures Contracts

The following table provides a summary of the Fund’s derivative instruments categorized by risk exposure as of July 31, 2013:

Fair Values of Derivatives not Accounted for as Hedging Instruments as of July 31, 2013


Assets:		Fair Value
Futures Contracts
Equity risk	Unrealized appreciation from futures contracts	$	1,796,559

Total		$	1,796,559

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Money Market Fund



Asset-Backed Securities 1.9%

	Principal Amount		Market Value
Banking 0.1%
HLSS Servicer Advance Receivables Trust, Series 2012-MM1, Class A, 0.65%, 09/16/13(a)(b)	$	2,307,692	$	2,307,693


Finance-Automotive 0.7%
Enterprise Fleet Financing LLC, Series 2013-1, Class A1, 0.26%, 03/20/14(b)		2,778,654		2,778,654
Hyundai Auto Receivables Trust, Series 2013-A, Class A1, 0.20%, 02/18/14		2,651,030		2,651,030
SMART ABS, Series 2013-1US, Class A1, 0.23%, 01/14/14		4,666,396		4,666,396

				10,096,080


Finance-Equipment 1.1%
CNH Equipment Trust, Series 2013-A, Class A1, 0.23%, 03/14/14		10,954,303		10,954,303
Macquarie Equipment Funding Trust, Series 2012-A, Class A1, 0.29%, 10/21/13(b)		1,664,278		1,664,277
Volvo Financial Equipment LLC, Series 2013-1A, Class A1, 0.26%, 04/15/14(b)		2,918,366		2,918,366

				15,536,946

Total Asset-Backed Securities (cost $27,940,719)				27,940,719


Certificates of Deposits 8.2%

	Principal Amount		Market Value
Banking 8.2%
Bank of Montreal, 0.33%, 07/11/14(c)		13,000,000		13,000,000
Credit Agricole Corporate and Investment Bank/New York 0.26%, 09/10/13		10,000,000		10,000,000
0.27%, 09/26/13		9,000,000		9,000,000
0.28%, 10/01/13		1,000,000		1,000,000
0.25%, 10/16/13		5,000,000		5,000,000
PNC Bank N.A., 0.50%, 07/18/14(c)		10,000,000		10,000,000
Sumitomo Mitsui Banking Corp. 0.24%, 10/04/13		20,000,000		20,000,000
0.24%, 10/07/13		7,000,000		7,000,000
0.24%, 11/01/13		32,900,000		32,900,000
Toronto Dominion Bank, 0.27%, 09/13/13(c)		10,000,000		10,000,000

				117,900,000

Total Certificates of Deposits (cost $117,900,000)				117,900,000


Commercial Paper 46.7%

	Principal Amount		Market Value
Banking 3.8%
Bedford Row Funding Corp. 0.30%, 04/14/14(b)		5,000,000		4,989,333
0.33%, 06/06/14(b)		5,000,000		4,985,838
BNP Paribas Finance, Inc., 0.24%, 08/20/13		13,650,000		13,648,271
ICICI Bank Ltd., 0.24%, 08/23/13		7,000,000		6,998,973
Societe Generale North America, Inc. 0.26%, 09/16/13		1,000,000		999,668
0.27%, 10/01/13		19,800,000		19,791,109
0.30%, 10/08/13		1,000,000		999,433
0.30%, 10/31/13		2,100,000		2,098,408

				54,511,033


Chemicals 1.8%
BASF SE 0.10%, 09/25/13(b)		19,200,000		19,197,067
0.29%, 02/27/14(b)		5,000,000		4,991,542
Du Pont (E.I.) de Nemours & Co., 0.06%, 08/08/13(b)		1,000,000		999,988

				25,188,597


Electric Power 4.8%
Electricite de France SA 0.20%, 08/07/13(b)		40,000,000		39,998,667
0.19%, 08/22/13(b)		2,900,000		2,899,678
0.18%, 09/05/13(b)		3,350,000		3,349,414
0.19%, 10/01/13(b)		15,000,000		14,995,171
0.21%, 10/15/13(b)		7,750,000		7,746,609

				68,989,539


Finance-Automotive 7.8%
FCAR Owner Trust 0.33%, 08/01/13		15,000,000		15,000,000
0.26%, 09/09/13		3,400,000		3,399,042
0.29%, 09/16/13		22,000,000		21,991,848
0.28%, 10/15/13		16,000,000		15,990,646
0.26%, 12/03/13		4,500,000		4,495,970
0.26%, 12/16/13		5,000,000		4,995,053

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Money Market Fund



Commercial Paper (continued)

	Principal Amount		Market Value
Finance-Automotive (continued)
Toyota Motor Credit Corp. 0.24%, 08/26/13	$	32,000,000	$	31,994,667
0.27%, 09/16/13		13,300,000		13,295,411

				111,162,637


Finance-Commercial 4.5%
Atlantic Asset Securitization LLC 0.24%, 10/09/13(b)		10,000,000		9,995,400
0.24%, 10/24/13(b)		3,900,000		3,897,816
Fairway Finance Co. LLC, 0.20%, 12/18/13(b)(c)		20,000,000		20,000,000
Market Street Funding LLC 0.15%, 08/14/13(b)		25,000,000		24,998,646
0.16%, 09/10/13(b)		5,000,000		4,999,111

				63,890,973


Finance-Retail 12.7%
Barton Capital LLC 0.20%, 08/02/13(b)		3,046,000		3,045,984
0.22%, 09/20/13(b)		10,000,000		9,996,944
Chariot Funding LLC 0.25%, 09/17/13(b)		18,750,000		18,743,880
0.27%, 10/09/13(b)		16,000,000		15,991,720
0.26%, 10/10/13(b)		10,000,000		9,994,945
0.25%, 10/30/13(b)		20,000,000		19,987,500
Jupiter Securitization Co. LLC 0.23%, 09/27/13(b)		25,000,000		24,990,896
0.24%, 12/10/13(b)		7,200,000		7,193,712
0.24%, 12/12/13(b)		5,000,000		4,995,566
0.30%, 03/24/14(b)		10,000,000		9,980,417
Sheffield Receivables Corp. 0.20%, 08/05/13(b)		8,725,000		8,724,806
0.20%, 08/06/13(b)		2,000,000		1,999,944
0.19%, 10/01/13(b)		25,000,000		24,991,951
0.19%, 10/02/13(b)		20,000,000		19,993,456

				180,631,721


Food & Beverage 1.6%
Nestle Capital Corp., 0.37%, 09/05/13(b)		23,000,000		22,991,727


Sovereign 9.7%
Caisse des Depots et Consignations 0.22%, 08/16/13(b)		1,000,000		999,908
0.26%, 10/01/13(b)		40,000,000		39,982,378
0.25%, 10/15/13(b)		10,000,000		9,994,792
Erste Abwicklungsanstalt, 0.21%, 08/20/13(b)		35,000,000		34,996,121
Kells Funding, LLC 0.24%, 10/30/13(b)		5,000,000		4,997,000
0.24%, 11/07/13(b)		14,000,000		13,990,853
0.24%, 11/15/13(b)(c)		25,000,000		25,002,932
0.24%, 01/13/14(b)		8,500,000		8,490,650

				138,454,634

Total Commercial Paper (cost $665,820,861)				665,820,861


Corporate Bonds 12.8%

	Principal Amount		Market Value
Banking 5.2%
Bank Of America N.A. 0.28%, 09/06/13		30,000,000		30,000,000
0.27%, 09/10/13		22,000,000		22,000,000
Bank of New York Mellon Corp. (The), 4.30%, 05/15/14		7,000,000		7,220,319
Nordea Bank AB, 1.75%, 10/04/13(b)		350,000		350,874
Wells Fargo Bank N.A., 0.37%, 06/20/14(c)		15,000,000		15,000,000

				74,571,193


Finance-Automotive 1.7%
Toyota Motor Credit Corp., 0.27%, 02/24/14(c)		25,000,000		25,000,000


Finance-Commercial 1.6%
General Electric Capital Corp. 3.13%, 03/12/14		4,500,000		4,577,417
0.96%, 04/24/14(c)		1,060,000		1,065,432
5.90%, 05/13/14		14,174,000		14,792,698
5.50%, 06/04/14		1,500,000		1,564,645
5.65%, 06/09/14		459,000		479,718

				22,479,910


Insurance 1.9%
Metropolitan Life Global Funding I 5.20%, 09/18/13(b)		5,943,000		5,980,723
0.67%, 12/12/13(b)(c)		2,800,000		2,804,096
1.02%, 01/10/14(b)(c)		4,075,000		4,088,498
2.00%, 01/10/14(b)		6,485,000		6,532,676
0.62%, 03/19/14(b)(c)		3,050,000		3,056,266
5.13%, 06/10/14(b)		4,350,000		4,524,694
New York Life Global Funding, 1.85%, 12/13/13(b)		535,000		538,048

				27,525,001

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Money Market Fund



Corporate Bonds (continued)

	Principal Amount		Market Value
Oil & Oil Finance 0.5%
Shell International Finance BV, 4.00%, 03/21/14	$	6,500,000	$	6,648,416


Pharmaceuticals and Health Care 1.9%
AstraZeneca PLC, 5.40%, 06/01/14		3,310,000		3,449,072
Eli Lilly & Co., 4.20%, 03/06/14		5,000,000		5,111,654
Merck & Co., Inc., 5.30%, 12/01/13(c)		17,795,000		18,091,873

				26,652,599

Total Corporate Bonds (cost $182,877,119)				182,877,119


Municipal Bonds 9.9%

	Principal Amount		Market Value
Alaska 2.8%
Alaska State Housing Finance Corp., 0.05%, 08/01/13(c)		40,000,000		40,000,000


Illinois 1.4%
Illinois State, 0.13%, 08/01/13(b)(c)		20,000,000		20,000,000


Massachusetts 0.7%
Amherst College, 0.04%, 08/01/13(c)		10,550,000		10,550,000


Other Territories 5.0%
BlackRock Investment Quality Municipal Trust, Inc., 0.10%, 08/01/13(b)(c)		32,100,000		32,100,000
BlackRock MuniYield Investment Quality Fund, 0.10%, 08/01/13(b)(c)		38,405,000		38,405,000

				70,505,000

Total Municipal Bonds (cost $141,055,000)				141,055,000


U.S. Government Sponsored & Agency Obligation 0.4%

	Principal Amount		Market Value
Government Agency Securities 0.4%
Federal National Mortgage Association, 4.63%, 10/15/13		5,625,000		5,676,173

Total U.S. Government Sponsored & Agency Obligation (cost $5,676,173)				5,676,173


Mutual Fund 5.7%

	Shares		Market Value
Asset Management 5.7%
Federated Prime Obligations Fund, Institutional Shares, 0.04%(d)		80,974,914		80,974,914

Total Mutual Fund (cost $80,974,914)				80,974,914


Repurchase Agreement 14.3%

	Principal Amount		Market Value
ING Financial Markets LLC, 0.09%, dated 07/31/2013, due 08/01/2013, repurchase price $203,709,509, collateralized by U.S. Government Agency Securities, ranging from 2.00% to 6.00%, maturing 05/25/20 - 06/25/43; total market value $209,821,076.	$	203,709,000		203,709,000

Total Repurchase Agreement (cost $203,709,000)				203,709,000

Total Investments (cost $1,425,953,786) (e) — 99.9%				1,425,953,786
Other assets in excess of liabilities — 0.1%				868,542

NET ASSETS — 100.0%			$	1,426,822,328

(a)	Illiquid security.

(b)

(c)	Variable Rate Security. The rate reflected in the Statement of Investments is the rate in effect on July 31, 2013. The maturity date represents the actual maturity date.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Money Market Fund

(d)	Represents 7-day effective yield as of July 31, 2013.

(e)	At July 31, 2013, the tax basis cost of the Fund’s investments was $1,425,953,786, tax unrealized appreciation and depreciation were $0 and $0, respectively.


AB		Stock Company
BV		Private Limited Liability Company
LLC		Limited Liability Company
Ltd.		Limited
PLC		Public Limited Company
SA		Stock Company
SE		European Public Limited Liability Company

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Money Market Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.


	Level 1		Level 2		Level 3		Total
Assets:
Asset-Backed Securities	$	—	$	27,940,719	$	—	$	27,940,719
Certificates of Deposits		—		117,900,000		—		117,900,000
Commercial Paper		—		665,820,861		—		665,820,861
Corporate Bonds		—		182,877,119		—		182,877,119
Municipal Bonds		—		141,055,000		—		141,055,000
Mutual Fund		80,974,914		—		—		80,974,914
U.S. Government Sponsored & Agency Obligation		—		5,676,173		—		5,676,173
Repurchase Agreement		—		203,709,000		—		203,709,000

Total	$	80,974,914	$	1,344,978,872	$	—	$	1,425,953,786

Amounts designated as “—”, which may include fair valued securities, are zero or have been rounded to zero.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Retirement Income Fund



Mutual Funds 92.1%

	Shares		Market Value
Alternative Assets 38.0%
Nationwide Alternatives Allocation Fund, Institutional Class(a)		1,143,288	$	10,929,829

Total Alternative Assets (cost $11,131,009)				10,929,829


Equity Funds 16.0%
Nationwide International Index Fund, Institutional Class(a)		73,980		576,308
Nationwide Mid Cap Market Index Fund, Institutional Class(a)		32,312		579,030
Nationwide S&P 500 Index Fund, Institutional Class(a)		247,312		3,454,955

Total Equity Funds (cost $3,819,632)				4,610,293


Fixed Income Funds 32.1%
Nationwide Bond Index Fund, Institutional Class(a)		435,966		4,908,976
Nationwide Inflation-Protected Securities Fund, Institutional Class(a)		461,294		4,322,323

Total Fixed Income Funds (cost $9,711,287)				9,231,299


Money Market Fund 6.0%
Nationwide Money Market Fund, Institutional Class, 0.00% *(a)(b)		1,728,052		1,728,052

Total Money Market Fund (cost $1,728,052)				1,728,052

Total Mutual Funds (cost $26,389,980)				26,499,473


Exchange Traded Funds 8.0%

	Shares		Market Value
Fixed Income Funds 8.0%
iShares Barclays 1-3 Year Credit Bond Fund		10,962		1,153,641
iShares Barclays 1-3 Year Treasury Bond Fund		13,655		1,152,209

Total Exchange Traded Funds (cost $2,303,946)				2,305,850

Total Investments (cost $28,693,926) (c) — 100.1%				28,805,323
Liabilities in excess of other assets — (0.1%)				(22,580	)

NET ASSETS — 100.0%			$	28,782,743

*	Denotes a non-income producing security.

(a)	Investment in affiliate.

(b)	Represents 7-day effective yield as of July 31, 2013.

(c)	At July 31, 2013, the tax basis cost of the Fund’s investments was $29,006,336, tax unrealized appreciation and depreciation were $625,486 and $(826,499), respectively.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Retirement Income Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.

At July 31, 2013, 100% of the market value of the Fund was determined based on Level 1 inputs.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide S&P 500 Index Fund



Common Stocks 99.1%

	Shares		Market Value
Aerospace & Defense 2.6%
Boeing Co. (The)		130,010	$	13,664,051
General Dynamics Corp.		63,202		5,393,659
Honeywell International, Inc.		149,805		12,430,819
L-3 Communications Holdings, Inc.		17,121		1,594,821
Lockheed Martin Corp.		50,628		6,081,435
Northrop Grumman Corp.		44,765		4,121,066
Precision Castparts Corp.		27,859		6,176,897
Raytheon Co.		61,793		4,439,209
Rockwell Collins, Inc.		25,813		1,837,111
Textron, Inc.		52,857		1,447,225
United Technologies Corp.		161,038		17,000,782

				74,187,075


Air Freight & Logistics 0.7%
CH Robinson Worldwide, Inc.		30,550		1,821,391
Expeditors International of Washington, Inc.		39,307		1,584,858
FedEx Corp.		56,102		5,946,812
United Parcel Service, Inc., Class B		135,281		11,742,391

				21,095,452


Airlines 0.1%
Southwest Airlines Co.		137,436		1,900,740


Auto Components 0.4%
BorgWarner, Inc.*		21,989		2,098,410
Delphi Automotive PLC		55,341		2,972,919
Goodyear Tire & Rubber Co. (The)*		46,664		863,284
Johnson Controls, Inc.		130,401		5,243,424

				11,178,037


Automobiles 0.7%
Ford Motor Co.		748,507		12,634,798
General Motors Co.*		146,552		5,256,821
Harley-Davidson, Inc.		42,656		2,421,581

				20,313,200


Beverages 2.3%
Beam, Inc.		30,615		1,989,669
Brown-Forman Corp., Class B		28,860		2,092,639
Coca-Cola Co. (The)		729,333		29,231,667
Coca-Cola Enterprises, Inc.		49,014		1,839,985
Constellation Brands, Inc., Class A*		29,319		1,527,227
Dr Pepper Snapple Group, Inc.		38,827		1,814,774
Molson Coors Brewing Co., Class B		29,875		1,495,542
Monster Beverage Corp.*		27,472		1,675,517
PepsiCo, Inc.		294,458		24,599,021

				66,266,041


Biotechnology 2.2%
Alexion Pharmaceuticals, Inc.*		37,146		4,317,480
Amgen, Inc.		142,799		15,463,704
Biogen Idec, Inc.*		45,195		9,858,385
Celgene Corp.*		79,418		11,663,327
Gilead Sciences, Inc.*		290,437		17,847,354
Regeneron Pharmaceuticals, Inc.*		14,539		3,926,402

				63,076,652


Building Products 0.0%†
Masco Corp.		67,887		1,393,041


Capital Markets 2.2%
Ameriprise Financial, Inc.		38,359		3,413,951
Bank of New York Mellon Corp. (The)		220,966		6,949,381
BlackRock, Inc.		23,767		6,701,343
Charles Schwab Corp. (The)		209,550		4,628,959
ETRADE Financial Corp.		54,511		812,214
Franklin Resources, Inc.		78,918		3,857,512
Goldman Sachs Group, Inc. (The)		82,063		13,460,794
Invesco Ltd.		84,627		2,724,143
Legg Mason, Inc.		21,186		728,587
Morgan Stanley		261,220		7,107,796
Northern Trust Corp.		41,433		2,425,488
State Street Corp.		86,826		6,049,167
T. Rowe Price Group, Inc.		49,365		3,714,223

				62,573,558


Chemicals 2.4%
Air Products & Chemicals, Inc.		39,656		4,308,228
Airgas, Inc.		12,536		1,293,840
CF Industries Holdings, Inc.		11,282		2,211,385
Dow Chemical Co. (The)		230,292		8,069,432
E.I. du Pont de Nemours & Co.		175,252		10,110,288
Eastman Chemical Co.		29,500		2,372,685
Ecolab, Inc.		50,715		4,672,880
FMC Corp.		25,900		1,713,544
International Flavors & Fragrances, Inc.		15,500		1,250,540
LyondellBasell Industries NV, Class A		72,309		4,968,351
Monsanto Co.		101,642		10,040,197
Mosaic Co. (The)		52,672		2,164,292
PPG Industries, Inc.		27,154		4,356,588
Praxair, Inc.		56,306		6,766,292
Sherwin-Williams Co. (The)		16,298		2,838,623
Sigma-Aldrich Corp.		22,897		1,913,273

				69,050,438


Commercial Banks 2.9%
BB&T Corp.		133,578		4,767,399
Comerica, Inc.		35,507		1,510,468
Fifth Third Bancorp		166,477		3,201,353
Huntington Bancshares, Inc.		159,545		1,364,110
KeyCorp		175,163		2,152,753
M&T Bank Corp.(a)		23,326		2,725,876
PNC Financial Services Group, Inc. (The)		100,796		7,665,536
Regions Financial Corp.		268,997		2,692,660
SunTrust Banks, Inc.		102,587		3,569,002
U.S. Bancorp		352,178		13,143,283
Wells Fargo & Co.		937,927		40,799,824
Zions Bancorporation		35,038		1,038,526

				84,630,790

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide S&P 500 Index Fund



Common Stocks (continued)

	Shares		Market Value
Commercial Services & Supplies 0.5%
ADT Corp. (The)*		41,627	$	1,668,410
Cintas Corp.		19,801		940,745
Iron Mountain, Inc.		31,899		886,792
Pitney Bowes, Inc.(a)		38,272		631,871
Republic Services, Inc.		56,470		1,914,898
Stericycle, Inc.*		16,417		1,903,387
Tyco International Ltd.		88,316		3,074,280
Waste Management, Inc.		83,563		3,512,153

				14,532,536


Communications Equipment 1.9%
Cisco Systems, Inc.		1,017,633		26,000,523
F5 Networks, Inc.*		14,985		1,315,084
Harris Corp.		20,839		1,189,282
JDS Uniphase Corp.*		44,944		659,328
Juniper Networks, Inc.*		96,331		2,087,493
Motorola Solutions, Inc.		51,706		2,835,040
QUALCOMM, Inc.		328,998		21,236,821

				55,323,571


Computers & Peripherals 4.0%
Apple, Inc.(b)		178,738		80,878,945
Dell, Inc.		279,373		3,539,656
EMC Corp.		399,991		10,459,765
Hewlett-Packard Co.		367,187		9,429,362
NetApp, Inc.		68,599		2,820,791
SanDisk Corp.*		46,313		2,552,772
Seagate Technology PLC		60,736		2,484,710
Western Digital Corp.		40,489		2,606,682

				114,772,683


Construction & Engineering 0.2%
Fluor Corp.		30,991		1,938,797
Jacobs Engineering Group, Inc.*		24,882		1,473,014
Quanta Services, Inc.*		40,496		1,085,698

				4,497,509


Construction Materials 0.0%†
Vulcan Materials Co.		24,717		1,166,148


Consumer Finance 1.0%
American Express Co.		181,992		13,425,550
Capital One Financial Corp.		111,217		7,676,197
Discover Financial Services		93,360		4,622,254
SLM Corp.		84,527		2,088,662

				27,812,663


Containers & Packaging 0.2%
Avery Dennison Corp.		18,931		846,784
Ball Corp.		28,295		1,267,333
Bemis Co., Inc.		19,558		805,594
MeadWestvaco Corp.		33,656		1,243,589
Owens-Illinois, Inc.*		31,273		930,372
Sealed Air Corp.		37,235		1,014,281

				6,107,953


Distributors 0.1%
Genuine Parts Co.		29,492		2,418,049


Diversified Consumer Services 0.1%
H&R Block, Inc.		51,806		1,628,263


Diversified Financial Services 4.1%
Bank of America Corp.		2,052,735		29,969,931
Citigroup, Inc.		579,410		30,210,437
CME Group, Inc.		58,476		4,326,055
IntercontinentalExchange, Inc.*(a)		13,849		2,526,750
JPMorgan Chase & Co.		719,715		40,109,717
Leucadia National Corp.		56,131		1,505,995
McGraw Hill Financial, Inc.		52,169		3,227,174
Moody’s Corp.		36,905		2,501,052
NASDAQ OMX Group, Inc. (The)		22,373		724,885
NYSE Euronext		46,239		1,949,436

				117,051,432


Diversified Telecommunication Services 2.4%
AT&T, Inc.		1,024,442		36,132,069
CenturyLink, Inc.		115,937		4,156,342
Frontier Communications Corp.(a)		189,648		826,865
Verizon Communications, Inc.		544,798		26,956,605
Windstream Corp.(a)		112,695		941,003

				69,012,884


Electric Utilities 1.8%
American Electric Power Co., Inc.		92,523		4,288,441
Duke Energy Corp.		134,369		9,540,199
Edison International		62,013		3,091,348
Entergy Corp.		33,911		2,288,992
Exelon Corp.		162,928		4,983,967
FirstEnergy Corp.		79,600		3,030,372
NextEra Energy, Inc.		80,844		7,001,899
Northeast Utilities		59,877		2,659,138
Pepco Holdings, Inc.		47,265		971,296
Pinnacle West Capital Corp.		20,911		1,231,658
PPL Corp.		112,749		3,582,036
Southern Co. (The)		165,711		7,430,481
Xcel Energy, Inc.		94,636		2,834,348

				52,934,175


Electrical Equipment 0.7%
Eaton Corp. PLC		90,069		6,210,258
Emerson Electric Co.		136,864		8,399,344
Rockwell Automation, Inc.		26,578		2,574,079
Roper Industries, Inc.		18,844		2,373,590

				19,557,271


Electronic Equipment, Instruments & Components 0.5%
Amphenol Corp., Class A		30,416		2,389,481
Corning, Inc.		280,796		4,265,291
FLIR Systems, Inc.		26,967		875,618
Jabil Circuit, Inc.		35,047		805,731
Molex, Inc.		26,347		785,931
TE Connectivity Ltd.		79,077		4,036,090

				13,158,142


Energy Equipment & Services 1.8%
Baker Hughes, Inc.		84,104		3,989,053
Cameron International Corp.*		47,211		2,799,612
Diamond Offshore Drilling, Inc.(a)		13,217		891,355
Ensco PLC, Class A		44,339		2,542,398

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide S&P 500 Index Fund



Common Stocks (continued)

	Shares		Market Value
Energy Equipment & Services (continued)
FMC Technologies, Inc.*		45,141	$	2,406,015
Halliburton Co.		177,450		8,018,966
Helmerich & Payne, Inc.		20,242		1,279,294
Nabors Industries Ltd.		56,014		862,055
National Oilwell Varco, Inc.		81,344		5,707,908
Noble Corp.		48,193		1,840,973
Rowan Cos. PLC, Class A*		23,610		811,004
Schlumberger Ltd.		253,140		20,587,876

				51,736,509


Food & Staples Retailing 2.4%
Costco Wholesale Corp.		83,142		9,751,725
CVS Caremark Corp.		233,130		14,335,164
Kroger Co. (The)		98,992		3,887,416
Safeway, Inc.		45,851		1,182,497
Sysco Corp.		112,973		3,898,698
Walgreen Co.		164,154		8,248,739
Wal-Mart Stores, Inc.		311,960		24,314,162
Whole Foods Market, Inc.		65,656		3,649,161

				69,267,562


Food Products 1.7%
Archer-Daniels-Midland Co.		125,454		4,575,307
Campbell Soup Co.(a)		33,958		1,589,235
ConAgra Foods, Inc.		79,330		2,872,539
General Mills, Inc.		122,730		6,381,960
Hershey Co. (The)		28,529		2,706,546
Hormel Foods Corp.		25,685		1,087,760
J.M. Smucker Co. (The)		20,411		2,296,646
Kellogg Co.		48,301		3,199,458
Kraft Foods Group, Inc.		113,176		6,403,498
McCormick & Co., Inc., Non-Voting Shares		25,098		1,797,268
Mead Johnson Nutrition Co.		38,538		2,807,108
Mondelez International, Inc., Class A		339,755		10,624,139
Tyson Foods, Inc., Class A		54,003		1,491,563

				47,833,027


Gas Utilities 0.1%
AGL Resources, Inc.		22,472		1,028,993
ONEOK, Inc.		39,214		2,076,381

				3,105,374


Health Care Equipment & Supplies 2.1%
Abbott Laboratories		296,805		10,871,967
Baxter International, Inc.		103,181		7,536,340
Becton, Dickinson and Co.		36,976		3,835,151
Boston Scientific Corp.*		256,750		2,803,710
C.R. Bard, Inc.		14,240		1,631,904
CareFusion Corp.*		41,819		1,612,959
Covidien PLC		89,565		5,519,891
DENTSPLY International, Inc.		27,250		1,168,480
Edwards Lifesciences Corp.*		21,490		1,533,956
Intuitive Surgical, Inc.*		7,645		2,966,260
Medtronic, Inc.		192,560		10,637,015
St. Jude Medical, Inc.		53,929		2,825,340
Stryker Corp.		54,692		3,853,598
Varian Medical Systems, Inc.*		20,627		1,495,458
Zimmer Holdings, Inc.		32,042		2,674,866

				60,966,895


Health Care Providers & Services 2.0%
Aetna, Inc.		72,005		4,620,561
AmerisourceBergen Corp.		43,945		2,560,675
Cardinal Health, Inc.		65,062		3,258,956
Cigna Corp.		54,313		4,227,181
DaVita HealthCare Partners, Inc.*		16,106		1,874,900
Express Scripts Holding Co.*		155,426		10,188,174
Humana, Inc.		29,976		2,735,610
Laboratory Corp of America Holdings*		17,689		1,711,234
McKesson Corp.		43,140		5,291,552
Patterson Cos., Inc.		15,891		649,783
Quest Diagnostics, Inc.		30,069		1,753,323
Tenet Healthcare Corp.*		19,679		878,667
UnitedHealth Group, Inc.		194,213		14,148,417
WellPoint, Inc.		57,179		4,892,235

				58,791,268


Health Care Technology 0.1%
Cerner Corp.*		55,612		2,724,988


Hotels, Restaurants & Leisure 1.8%
Carnival Corp.		84,509		3,129,368
Chipotle Mexican Grill, Inc.*		5,882		2,424,972
Darden Restaurants, Inc.		24,692		1,211,142
International Game Technology		49,504		914,339
Marriott International, Inc., Class A		45,584		1,894,927
McDonald’s Corp.		190,895		18,722,982
Starbucks Corp.		142,549		10,155,191
Starwood Hotels & Resorts Worldwide, Inc.		37,028		2,449,402
Wyndham Worldwide Corp.		25,849		1,610,393
Wynn Resorts Ltd.		15,184		2,021,446
Yum! Brands, Inc.		85,640		6,244,869

				50,779,031


Household Durables 0.3%
D.R. Horton, Inc.		53,321		1,071,752
Garmin Ltd.(a)		20,817		834,345
Harman International Industries, Inc.		12,915		781,745
Leggett & Platt, Inc.		27,166		853,284
Lennar Corp., Class A		31,467		1,065,787
Newell Rubbermaid, Inc.		54,884		1,482,966
PulteGroup, Inc.*		64,863		1,078,672
Whirlpool Corp.		15,063		2,017,538

				9,186,089


Household Products 2.1%
Clorox Co. (The)		25,055		2,153,227
Colgate-Palmolive Co.		166,935		9,994,399
Kimberly-Clark Corp.		73,223		7,234,432
Procter & Gamble Co. (The)		521,891		41,907,847

				61,289,905


Independent Power Producers & Energy Traders 0.1%
AES Corp. (The)		117,875		1,466,365
NRG Energy, Inc.(a)		61,356		1,645,568

				3,111,933

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide S&P 500 Index Fund



Common Stocks (continued)

	Shares		Market Value
Industrial Conglomerates 2.4%
3M Co.		120,903	$	14,197,639
Danaher Corp.		110,781		7,459,993
General Electric Co.		1,968,948		47,983,263

				69,640,895


Information Technology Services 3.5%
Accenture PLC, Class A		123,771		9,135,537
Automatic Data Processing, Inc.		92,378		6,659,530
Cognizant Technology Solutions Corp., Class A*		57,413		4,156,127
Computer Sciences Corp.		28,576		1,361,932
Fidelity National Information Services, Inc.		55,783		2,407,594
Fiserv, Inc.*		25,341		2,438,818
International Business Machines Corp.		198,465		38,708,614
MasterCard, Inc., Class A		19,907		12,155,413
Paychex, Inc.(a)		61,634		2,430,845
SAIC, Inc.(a)		54,035		826,195
Teradata Corp.*		31,088		1,837,923
Total System Services, Inc.		30,569		837,896
Visa, Inc., Class A		96,500		17,081,465
Western Union Co. (The)		106,006		1,903,868

				101,941,757


Insurance 4.3%
ACE Ltd.		64,762		5,917,952
Aflac, Inc.		88,756		5,474,470
Allstate Corp. (The)		89,212		4,548,028
American International Group, Inc.*		281,101		12,792,906
Aon PLC		58,844		3,971,970
Assurant, Inc.		14,634		792,577
Berkshire Hathaway, Inc., Class B*		347,371		40,249,878
Chubb Corp. (The)		49,336		4,267,564
Cincinnati Financial Corp.		27,955		1,369,795
Genworth Financial, Inc., Class A*		93,779		1,218,189
Hartford Financial Services Group, Inc.		86,767		2,677,630
Lincoln National Corp.		51,084		2,128,670
Loews Corp.		58,483		2,663,901
Marsh & McLennan Cos., Inc.		104,784		4,387,306
MetLife, Inc.		208,487		10,094,941
Principal Financial Group, Inc.		52,485		2,275,750
Progressive Corp. (The)		105,480		2,743,535
Prudential Financial, Inc.		88,719		7,006,139
Torchmark Corp.		17,590		1,250,297
Travelers Cos., Inc. (The)		71,662		5,987,360
Unum Group		50,782		1,606,742
XL Group PLC		55,121		1,728,043

				125,153,643


Internet & Catalog Retail 1.2%
Amazon.com, Inc.*		69,346		20,888,402
Expedia, Inc.		17,734		835,804
Netflix, Inc.*		10,685		2,609,491
priceline.com, Inc.*		9,820		8,599,079
TripAdvisor, Inc.*		20,999		1,575,345

				34,508,121


Internet Software & Services 2.3%
Akamai Technologies, Inc.*		33,806		1,595,643
eBay, Inc.*		222,391		11,495,391
Google, Inc., Class A*		51,171		45,419,380
VeriSign, Inc.*		28,674		1,371,764
Yahoo!, Inc.*		181,365		5,094,543

				64,976,721


Leisure Equipment & Products 0.1%
Hasbro, Inc.(a)		21,895		1,007,170
Mattel, Inc.		65,741		2,763,094

				3,770,264


Life Sciences Tools & Services 0.5%
Agilent Technologies, Inc.		65,564		2,932,678
Life Technologies Corp.*		32,791		2,446,209
PerkinElmer, Inc.		21,273		725,196
Thermo Fisher Scientific, Inc.		68,332		6,225,728
Waters Corp.*		16,303		1,645,625

				13,975,436


Machinery 1.7%
Caterpillar, Inc.(a)		125,184		10,379,006
Cummins, Inc.		33,589		4,070,651
Deere & Co.(a)		73,876		6,136,879
Dover Corp.		32,564		2,788,781
Flowserve Corp.		27,202		1,541,809
Illinois Tool Works, Inc.		78,891		5,683,308
Ingersoll-Rand PLC		52,907		3,229,972
Joy Global, Inc.		20,206		1,000,197
PACCAR, Inc.		67,331		3,788,715
Pall Corp.		21,225		1,484,901
Parker Hannifin Corp.		28,407		2,933,875
Pentair Ltd.		38,880		2,374,791
Snap-on, Inc.		11,081		1,051,033
Stanley Black & Decker, Inc.		30,815		2,607,565
Xylem, Inc.		35,233		878,359

				49,949,842


Media 3.7%
Cablevision Systems Corp., Class A		41,120		768,533
CBS Corp. Non-Voting Shares, Class B		108,634		5,740,220
Comcast Corp., Class A		501,431		22,604,509
DIRECTV*		106,339		6,728,068
Discovery Communications, Inc., Class A*		46,582		3,713,517
Gannett Co., Inc.		43,530		1,121,333
Interpublic Group of Cos., Inc. (The)		81,482		1,340,379
News Corp., Class A*		94,665		1,508,013
Omnicom Group, Inc.		49,218		3,163,241
Scripps Networks Interactive, Inc., Class A		16,170		1,144,351
Time Warner Cable, Inc.		55,394		6,318,794
Time Warner, Inc.		177,484		11,050,154
Twenty-First Century Fox, Inc.		383,727		11,465,763
Viacom, Inc., Class B		84,932		6,180,502
Walt Disney Co. (The)		342,921		22,169,843
Washington Post Co. (The), Class B(a)		859		461,592

				105,478,812

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide S&P 500 Index Fund



Common Stocks (continued)

	Shares		Market Value
Metals & Mining 0.5%
Alcoa, Inc.		203,461	$	1,617,515
Allegheny Technologies, Inc.(a)		20,504		565,295
Cliffs Natural Resources, Inc.(a)		29,068		567,117
Freeport-McMoRan Copper & Gold, Inc.		197,651		5,589,570
Newmont Mining Corp.		94,635		2,839,050
Nucor Corp.(a)		60,482		2,829,348
United States Steel Corp.(a)		27,396		475,321

				14,483,216


Multiline Retail 0.8%
Dollar General Corp.*		57,330		3,134,231
Dollar Tree, Inc.*		42,596		2,285,275
Family Dollar Stores, Inc.		18,146		1,247,719
J.C. Penney Co., Inc.*(a)		27,184		396,886
Kohl’s Corp.		38,772		2,054,141
Macy’s, Inc.		73,028		3,530,174
Nordstrom, Inc.		28,295		1,732,786
Target Corp.		122,176		8,705,040

				23,086,252


Multi-Utilities 1.2%
Ameren Corp.		46,162		1,653,061
CenterPoint Energy, Inc.		81,542		2,023,872
CMS Energy Corp.		50,550		1,414,895
Consolidated Edison, Inc.(a)		55,750		3,339,425
Dominion Resources, Inc.		109,979		6,522,855
DTE Energy Co.		33,103		2,340,382
Integrys Energy Group, Inc.		15,044		944,763
NiSource, Inc.		59,370		1,823,846
PG&E Corp.		84,169		3,862,515
Public Service Enterprise Group, Inc.		96,305		3,254,146
SCANA Corp.		26,535		1,377,432
Sempra Energy		42,905		3,759,765
TECO Energy, Inc.		38,864		686,727
Wisconsin Energy Corp.		43,520		1,892,250

				34,895,934


Office Electronics 0.1%
Xerox Corp.		233,671		2,266,609


Oil, Gas & Consumable Fuels 8.7%
Anadarko Petroleum Corp.		95,477		8,451,624
Apache Corp.		74,602		5,986,810
Cabot Oil & Gas Corp.		40,112		3,041,292
Chesapeake Energy Corp.		98,748		2,300,828
Chevron Corp.		369,216		46,480,602
ConocoPhillips		232,801		15,099,473
CONSOL Energy, Inc.		43,486		1,349,371
Denbury Resources, Inc.*		70,979		1,242,132
Devon Energy Corp.		71,874		3,953,789
EOG Resources, Inc.		51,800		7,536,382
EQT Corp.		28,629		2,476,408
Exxon Mobil Corp.		846,682		79,376,438
Hess Corp.		56,853		4,233,274
Kinder Morgan, Inc.		120,275		4,541,584
Marathon Oil Corp.		134,936		4,906,273
Marathon Petroleum Corp.		61,827		4,533,774
Murphy Oil Corp.		34,525		2,338,033
Newfield Exploration Co.*		25,734		633,056
Noble Energy, Inc.		68,367		4,272,254
Occidental Petroleum Corp.		153,398		13,660,092
Peabody Energy Corp.		51,249		848,683
Phillips 66		117,893		7,250,420
Pioneer Natural Resources Co.		25,999		4,023,605
QEP Resources, Inc.		34,087		1,039,313
Range Resources Corp.		31,035		2,454,869
Southwestern Energy Co.*		66,899		2,595,012
Spectra Energy Corp.		127,391		4,584,802
Tesoro Corp.		25,835		1,468,720
Valero Energy Corp.		103,810		3,713,284
Williams Cos., Inc. (The)		129,958		4,440,665
WPX Energy, Inc.*		38,054		731,017

				249,563,879


Paper & Forest Products 0.1%
International Paper Co.		84,679		4,090,843


Personal Products 0.2%
Avon Products, Inc.		82,407		1,883,824
Estee Lauder Cos., Inc. (The), Class A		45,772		3,004,932

				4,888,756


Pharmaceuticals 5.9%
AbbVie, Inc.		301,546		13,714,312
Actavis, Inc.*		24,315		3,264,775
Allergan, Inc.		56,425		5,141,446
Bristol-Myers Squibb Co.		312,750		13,523,310
Eli Lilly & Co.		188,754		10,024,725
Forest Laboratories, Inc.*		44,653		1,945,085
Hospira, Inc.*		31,478		1,281,154
Johnson & Johnson		534,864		50,009,784
Mallinckrodt PLC*		1		46
Merck & Co., Inc.		574,977		27,696,642
Mylan, Inc.*		72,523		2,433,872
Perrigo Co.		16,821		2,092,364
Pfizer, Inc.		1,270,742		37,143,789
Zoetis, Inc.		95,212		2,838,270

				171,109,574


Professional Services 0.2%
Dun & Bradstreet Corp. (The)		7,592		786,759
Equifax, Inc.		22,943		1,450,686
Nielsen Holdings NV		39,909		1,333,759
Robert Half International, Inc.		26,531		988,014

				4,559,218


Real Estate Investment Trusts (REITs) 2.0%
American Tower Corp.		75,291		5,329,850
Apartment Investment & Management Co., Class A		27,737		814,913

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide S&P 500 Index Fund



Common Stocks (continued)

	Shares		Market Value
Real Estate Investment Trusts (REITs) (continued)
AvalonBay Communities, Inc.		23,148	$	3,132,850
Boston Properties, Inc.		28,882		3,088,930
Equity Residential		61,014		3,416,784
HCP, Inc.		86,514		3,795,369
Health Care REIT, Inc.		54,142		3,491,618
Host Hotels & Resorts, Inc.		141,731		2,531,316
Kimco Realty Corp.		77,770		1,753,713
Macerich Co. (The)		26,160		1,623,228
Plum Creek Timber Co., Inc.		30,978		1,511,107
Prologis, Inc.		94,837		3,637,947
Public Storage		27,481		4,375,525
Simon Property Group, Inc.		59,183		9,472,831
Ventas, Inc.		55,805		3,668,621
Vornado Realty Trust		32,376		2,745,808
Weyerhaeuser Co.		109,762		3,117,241

				57,507,651


Real Estate Management & Development 0.0%†
CBRE Group, Inc., Class A*		57,767		1,338,461


Road & Rail 0.9%
CSX Corp.		194,546		4,826,686
Kansas City Southern		20,968		2,259,302
Norfolk Southern Corp.		59,981		4,388,210
Ryder System, Inc.		9,864		609,990
Union Pacific Corp.		88,877		14,095,003

				26,179,191


Semiconductors & Semiconductor Equipment 2.0%
Advanced Micro Devices, Inc.*(a)		115,306		434,704
Altera Corp.		60,920		2,166,315
Analog Devices, Inc.		58,651		2,895,013
Applied Materials, Inc.		228,719		3,730,407
Broadcom Corp., Class A		99,991		2,756,752
First Solar, Inc.*		12,622		621,507
Intel Corp.		946,540		22,054,382
KLA-Tencor Corp.		31,563		1,850,539
Lam Research Corp.*		30,954		1,523,556
Linear Technology Corp.		44,379		1,800,012
LSI Corp.*		104,454		812,652
Microchip Technology, Inc.(a)		37,503		1,490,369
Micron Technology, Inc.*		196,059		2,597,782
NVIDIA Corp.(a)		109,950		1,586,578
Teradyne, Inc.*(a)		36,222		597,301
Texas Instruments, Inc.		211,170		8,277,864
Xilinx, Inc.		50,211		2,344,352

				57,540,085


Software 3.3%
Adobe Systems, Inc.*		95,550		4,517,604
Autodesk, Inc.*		42,766		1,513,489
BMC Software, Inc.*		25,192		1,158,076
CA, Inc.		63,024		1,874,334
Citrix Systems, Inc.*		35,610		2,564,632
Electronic Arts, Inc.*		57,568		1,503,676
Intuit, Inc.		53,127		3,395,878
Microsoft Corp.		1,431,186		45,554,650
Oracle Corp.		699,631		22,633,063
Red Hat, Inc.*		36,075		1,867,603
Salesforce.com, Inc.*		103,314		4,519,987
Symantec Corp.		132,594		3,537,608

				94,640,600


Specialty Retail 2.3%
Abercrombie & Fitch Co., Class A		14,889		742,514
AutoNation, Inc.*		7,362		352,640
AutoZone, Inc.*(a)		6,915		3,101,931
Bed Bath & Beyond, Inc.*		41,605		3,181,534
Best Buy Co., Inc.		51,078		1,536,937
CarMax, Inc.*(a)		42,732		2,095,577
GameStop Corp., Class A(a)		22,627		1,110,081
Gap, Inc. (The)		55,182		2,532,854
Home Depot, Inc. (The)		278,153		21,982,432
L Brands, Inc.(a)		45,709		2,549,191
Lowe’s Cos., Inc.		204,180		9,102,344
O’Reilly Automotive, Inc.*		21,024		2,633,466
PetSmart, Inc.(a)		19,653		1,438,993
Ross Stores, Inc.		41,835		2,822,607
Staples, Inc.		126,338		2,150,273
Tiffany & Co.		22,817		1,814,180
TJX Cos., Inc.		137,034		7,131,249
Urban Outfitters, Inc.*		20,950		891,632

				67,170,435


Textiles, Apparel & Luxury Goods 0.7%
Coach, Inc.		53,483		2,841,552
Fossil Group, Inc.*		10,042		1,103,616
NIKE, Inc., Class B		137,812		8,671,131
PVH Corp.		15,422		2,032,465
Ralph Lauren Corp.		11,589		2,109,893
VF Corp.		16,678		3,285,566

				20,044,223


Thrifts & Mortgage Finance 0.1%
Hudson City Bancorp, Inc.		90,372		863,956
People’s United Financial, Inc.		64,467		967,005

				1,830,961


Tobacco 1.6%
Altria Group, Inc.		382,458		13,408,978
Lorillard, Inc.		71,902		3,057,992
Philip Morris International, Inc.		311,424		27,772,792
Reynolds American, Inc.		60,595		2,995,211

				47,234,973


Trading Companies & Distributors 0.2%
Fastenal Co.		51,377		2,517,987
W.W. Grainger, Inc.		11,383		2,983,939

				5,501,926


Wireless Telecommunication Services 0.1%
Crown Castle International Corp.*		55,806		3,920,372

Total Common Stocks (cost $1,975,520,595)				2,855,679,534

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide S&P 500 Index Fund



Mutual Fund 1.3%

	Shares		Market Value
Money Market Fund 1.3%
Fidelity Institutional Money Market Fund - Institutional Class, 0.11% (c)		38,240,793	$	38,240,793

Total Mutual Fund (cost $38,240,793)				38,240,793


Repurchase Agreements 0.5%

	Principal Amount		Market Value
BNP Paribas Securities Corp., 0.07%, dated 07/31/13, due 08/01/13, repurchase price 7,000,014, collaterized by U.S. Government Agency Securities ranging from 0.00% - 5.38%, maturing 08/05/13 - 05/04/37; total market value $7,140,012. (d)	$	7,000,000		7,000,000
Credit Suisse (USA) LLC, 0.08%, dated 07/31/13, due 08/01/13, repurchase price $8,785,991, collaterized by U.S. Government Agency Securities ranging from 0.00% - 1.74%, maturing 07/15/18 - 05/04/37; total market value $8,961,759. (d)		8,785,972		8,785,972

Total Repurchase Agreements (cost $15,785,972)				15,785,972

Total Investments (cost $2,029,547,360) (e) — 100.9%				2,909,706,299
Liabilities in excess of other assets — (0.9%)				(25,027,767	)

NET ASSETS — 100.0%			$	2,884,678,532

*	Denotes a non-income producing security.

(a)

The security or a portion of this security is on loan at July 31, 2013. The total value of securities on loan at July 31, 2013 was $45,443,153, which was collateralized by repurchase agreements with a value of $15,785,972 and $30,564,262 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.25% - 3.63%, and maturity dates ranging from 01/31/14 - 08/15/19, a total value of $46,350,234.

(b)	Security or a portion of the security was used to cover the margin requirement for futures contracts.

(c)	Represents 7-day effective yield as of July 31, 2013.

(d)	The security was purchased with cash collateral held from securities on loan. The total value of securities purchased with cash collateral as of July 31, 2013 was $15,785,972.

(e)	At July 31, 2013, the tax basis cost of the Fund’s investments was $2,106,863,108, tax unrealized appreciation and depreciation were $911,654,636 and $(108,811,445), respectively.

†	Amount rounds to less than 0.1%.


LLC		Limited Liability Company
Ltd.		Limited
NV		Public Traded Company
PLC		Public Limited Company
REIT		Real Estate Investment Trust

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide S&P 500 Index Fund

At July 31, 2013, the Fund’s open futures contracts were as follows:

Number of

Contracts

Long Contracts

Expiration

Notional Value
Covered by Contracts

Unrealized
Appreciation/
(Depreciation)

483

E-Mini S&P 500

09/20/13

40,584,075

1,517,536

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide S&P 500 Index Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.


	Level 1		Level 2		Level 3		Total
Assets:
Common Stocks	$	2,855,679,534	$	—	$	—	$	2,855,679,534
Futures Contract		1,517,536		—		—		1,517,536
Mutual Fund		38,240,793		—		—		38,240,793
Repurchase Agreements		—		15,785,972		—		15,785,972

Total	$	2,895,437,863	$	15,785,972	$	—	$	2,911,223,835

Amounts designated as “—”, which may include fair valued securities, are zero or have been rounded to zero.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide S&P 500 Index Fund

The following table provides a summary of the Fund’s derivative instruments categorized by risk exposure as of July 31, 2013:

Fair Values of Derivatives not Accounted for as Hedging Instruments as of July 31, 2013


Assets:		Fair Value
Futures Contracts
Equity risk	Unrealized appreciation from futures contracts	$	1,517,536

Total		$	1,517,536

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Short Duration Bond Fund



Asset-Backed Securities 23.3%

	Principal Amount		Market Value
Auto Floor Plan 0.7%
Ally Master Owner Trust, Series 2013-1, Class A2, 1.00%, 02/15/18	$	750,000	$	743,915


Automobiles 11.5%
Ally Auto Receivables Trust Series 2011-5, Class A3, 0.99%, 11/16/15		393,400		394,065
Series 2012-2, Class A3, 0.74%, 04/15/16		550,000		550,255
Series 2012-4, Class A3, 0.59%, 01/17/17		145,000		144,653
Series 2012-SN1, Class A3, 0.57%, 08/20/15		240,000		239,675
AmeriCredit Automobile Receivables Trust Series 2012-4, Class A3, 0.67%, 06/08/17		295,000		293,748
Series 2012-5, Class A3, 0.62%, 06/08/17		1,000,000		995,487
Capital Auto Receivables Asset Trust, Series 2013-1, Class A2, 0.62%, 07/20/16		600,000		598,661
Carmax Auto Owner Trust, Series 2013-2, Class A3, 0.64%, 01/16/18		1,000,000		997,019
Ford Credit Auto Owner Trust Series 2012-B, Class A4, 1.00%, 09/15/17		446,000		448,433
Series 2012-C, Class A3, 0.58%, 12/15/16		350,000		349,932
Series 2013-B, Class A3, 0.57%, 10/15/17		325,000		324,584
Harley-Davidson Motorcycle Trust Series 2011-1, Class A4, 1.31%, 03/15/17		500,000		503,565
Series 2012-1, Class A3, 0.68%, 04/15/17		145,000		145,045
Honda Auto Receivables Owner Trust, Series 2012-1, Class A3, 0.77%, 01/15/16		135,000		135,247
Huntington Auto Trust Series 2012-1, Class A3, 0.81%, 09/15/16		300,000		300,675
Series 2012-2, Class A3, 0.51%, 04/17/17		800,000		798,159
Hyundai Auto Lease Securitization Trust, Series 2013-A, Class A3, 0.66%, 06/15/16(a)		500,000		499,005
Hyundai Auto Receivables Trust, Series 2013-A, Class A3, 0.56%, 07/17/17		1,000,000		996,881
Mercedes-Benz Auto Receivables Trust, Series 2011-1, Class A4, 1.22%, 12/15/17		515,000		517,803
Porsche Financial Auto Securitization Trust, Series 2011-1, Class A4, 1.19%, 12/17/18(a)		1,450,000		1,453,918
Porsche Innovative Lease Owner Trust, Series 2012-1, Class A3, 0.54%, 12/21/15(a)		660,000		658,701
Toyota Auto Receivables Owner Trust, Series 2011-A, Class A4, 1.56%, 05/15/15		600,000		604,883
USAA Auto Owner Trust, Series 2012-1, Class A3, 0.43%, 08/15/16		225,000		224,409
World Omni Auto Receivables Trust, Series 2011-A, Class A4, 1.91%, 04/15/16		695,000		702,507

				12,877,310

Credit Card 1.9%
Chase Issuance Trust Series 2012-A3, Class A3, 0.79%, 06/15/17		400,000		400,966
Series 2012-A5, Class A5, 0.59%, 08/15/17		500,000		498,981
Citibank Credit Card Issuance Trust, Series 2003-A7, Class A7, 4.15%, 07/07/17		500,000		533,061
Discover Card Master Trust, Series 2012-A1, Class A1, 0.81%, 08/15/17		400,000		401,012
GE Capital Credit Card Master Note Trust, Series 2012-5, Class A, 0.95%, 06/15/18		350,000		351,235

				2,185,255

Other 9.2%
CenterPoint Energy Restoration Bond Co. LLC, Series 2009-1, Class A1, 1.83%, 02/15/16		114,609		115,677
CenterPoint Energy Transition Bond Co. IV LLC, Series 2012-1, Class A1, 0.90%, 04/15/18		480,455		481,094
Cleco Katrina/Rita Hurricane Recovery Funding LLC, Series 2008-A, Class A1, 4.41%, 03/01/20		981,755		1,035,224
CNH Equipment Trust, Series 2012-C, Class A3, 0.57%, 12/15/17		395,000		393,345
Consumers Funding LLC, Series 2001-1, Class A6, 5.76%, 10/20/16		574,776		612,241
Entergy Gulf States Reconstruction Funding LLC, Series 2007-A, Class A2, 5.79%, 10/01/18		1,111,747		1,228,838
Entergy Texas Restoration Funding LLC, Series 2009-A, Class A1, 2.12%, 02/01/16		391,610		396,894

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Short Duration Bond Fund



Asset-Backed Securities (continued)

	Principal Amount		Market Value
Other (continued)
FPL Recovery Funding LLC, Series 2007-A, Class A2, 5.04%, 08/01/15	$	136,009	$	136,009
GE Equipment Midticket LLC Series 2010-1, Class A4, 1.47%, 07/14/15(a)		434,418		435,390
Series 2012-1, Class A3, 0.60%, 05/23/16		305,000		304,325
GE Equipment Small Ticket LLC, Series 2011-1A, Class A3, 1.45%, 01/21/18(a)		243,382		243,819
GE Equipment Transportation LLC Series 2011-1, Class A4, 1.33%, 05/20/19		700,000		701,757
Series 2013-1, Class A3, 0.69%, 11/25/16		1,000,000		996,277
John Deere Owner Trust, Series 2012-A, Class A3, 0.75%, 03/15/16		500,000		500,377
Oncor Electric Delivery Transition Bond Co. LLC, Series 2004-1, Class A3, 5.29%, 05/15/18		636,182		679,540
PSE&G Transition Funding LLC, Series 2001-1, Class A8, 6.89%, 12/15/17		1,200,000		1,328,690
Volvo Financial Equipment LLC, Series 2012-1A, Class A4, 1.09%, 08/15/17(a)		710,000		711,315

				10,300,812

Total Asset-Backed Securities (cost $26,236,845)				26,107,292


Collateralized Mortgage Obligations 14.6%

	Principal Amount		Market Value
FDIC Trust, Series 2013-R2, Class A, 1.25%, 03/25/33(a)		464,505		461,103
Federal Home Loan Mortgage Corp. REMICS Series 3758, Class CD, 1.50%, 08/15/17		140,184		141,292
Series 3840, Class BA, 2.00%, 02/15/18		273,549		276,521
Series 3728, Class CA, 1.50%, 10/15/18		238,626		239,025
Series 3756, Class DA, 1.20%, 11/15/18		370,931		369,682
Series 2920, Class HC, 4.50%, 12/15/18		33,030		33,117
Series 3846, Class CK, 1.50%, 09/15/20		512,419		514,821
Series 3728, Class EA, 3.50%, 09/15/20		150,223		152,330
Series 3755, Class AL, 1.50%, 11/15/20		263,635		262,952
Series 3645, Class EH, 3.00%, 12/15/20		145,762		150,457
Series 3815, Class DE, 3.00%, 10/15/21		217,228		223,439
Series 3852, Class EA, 4.50%, 12/15/21		268,304		283,454
Series 4060, Class EA, 1.75%, 06/15/22		934,401		923,558
Series 3627, Class QG, 4.00%, 07/15/23		220,843		228,147
Series 3501, Class AC, 4.00%, 08/15/23		150,683		157,033
Series 3585, Class LA, 3.50%, 10/15/24		434,859		452,682
Series 3609, Class LE, 3.00%, 12/15/24		248,675		256,001
Series 3609, Class LC, 3.50%, 12/15/24		394,722		410,194
Series 3718, Class BC, 2.00%, 02/15/25		299,069		301,671
Series 3639, Class AB, 2.75%, 02/15/25		226,154		232,385
Series 3721, Class PE, 3.50%, 09/15/40		560,920		587,593
Federal National Mortgage Association REMICS Series 2011-69, Class AB, 1.50%, 05/25/18		488,675		490,654
Series 2011-69, Class AC, 2.00%, 05/25/18		293,205		296,261
Series 2010-30, Class DB, 2.00%, 08/25/18		151,286		153,575
Series 2010-95, Class BK, 1.50%, 02/25/20		343,062		344,744
Series 2011-47, Class MA, 2.50%, 01/25/22		254,232		259,599
Series 2012-99, Class TC, 1.50%, 09/25/22		1,233,738		1,206,945
Series 2010-50, Class AD, 3.00%, 01/25/24		90,269		92,354
Series 2010-57, Class AQ, 3.00%, 08/25/24		28,563		29,218
Series 2009-76, Class MA, 4.00%, 09/25/24		544,778		563,379
Series 2012-93, Class DP, 1.50%, 09/25/27		878,644		870,808
Series 2012-100, Class WA, 1.50%, 09/25/27		901,522		859,353
Series 2006-27, Class BF, 0.49%, 04/25/36(b)		831,900		835,256
Series 2010-66, Class QA, 4.50%, 08/25/39		246,348		258,494
Government National Mortgage Association Series 2004-76, Class QA, 4.00%, 01/20/34		321,411		335,207
Series 2009-66, Class LG, 2.25%, 05/16/39		511,825		521,251
Series 2009-104, Class KE, 2.50%, 08/16/39		347,133		356,122
Series 2010-4, Class JC, 3.00%, 08/16/39		383,721		396,480
Series 2009-88, Class QE, 3.00%, 09/16/39		1,001,912		1,038,333
Series 2011-39, Class NE, 3.50%, 09/16/39		699,295		735,370

Total Collateralized Mortgage Obligations (cost $16,476,387)				16,300,860

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Short Duration Bond Fund



Commercial Mortgage Backed Securities 10.0%

	Principal Amount		Market Value
Banc of America Merrill Lynch Commercial Mortgage, Inc., Series 2005-3, Class A4, 4.67%, 07/10/43	$	400,000	$	422,225
CFCRE Commercial Mortgage Trust Series 2011-C2, Class A1, 1.56%, 12/15/47		353,144		355,437
Series 2011-C2, Class A2, 3.06%, 12/15/47		630,000		657,864
Citigroup Commercial Mortgage Trust, Series 2012-GC8, Class A1, 0.69%, 09/10/45		341,291		338,630
COMM Mortgage Trust, Series 2012-CR2, Class A2, 2.03%, 08/15/45		700,000		704,932
Commercial Mortgage Pass Through Certificates Series 2012-CR1, Class A1, 1.12%, 05/15/45		157,163		157,134
Series 2012-CR3, Class A1, 0.67%, 11/15/45		262,572		260,086
Series 2012-LC4, Class A1, 1.16%, 12/10/44		97,782		97,786
Credit Suisse First Boston Mortgage Securities Corp., Series 2005-C5, Class A3, 5.10%, 08/15/38(b)		36,763		36,736
Credit Suisse Mortgage Capital Certificates, Series 2006-C1, Class A3, 5.39%, 02/15/39(b)		92,700		94,647
FDIC Commercial Mortgage Trust, Series 2012-C1, Class A, 0.84%, 05/25/35(a)(b)		528,005		527,057
Federal National Mortgage Association-ACES Series 2012-M8, Class AB1, 1.36%, 05/25/22		194,962		190,971
Series 2012-M8, Class ASQ2, 1.52%, 12/25/19		115,000		114,230
Series 2012-M8, Class A1, 1.54%, 05/25/22		64,992		64,455
Series 2012-M9, Class AB1, 1.37%, 04/25/22		798,993		782,495
GS Mortgage Securities Corp. II Series 2006-GG6, Class A2, 5.51%, 04/10/38(b)		283,476		289,207
Series 2011-GC5, Class A1, 1.47%, 08/10/44		316,182		317,205
Series 2012-GC6, Class A1, 1.28%, 01/10/45		215,339		215,877
Series 2012-GCJ7, Class A1, 1.14%, 05/10/45		321,190		320,578
JPMorgan Chase Commercial Mortgage Securities Corp. Series 2007-C1, Class A3, 5.79%, 02/15/51		275,000		281,739
Series 2012-C6, Class A1, 1.03%, 05/15/45		77,678		77,462
Series 2012-C8, Class A1, 0.71%, 10/15/45		462,623		458,048
Series 2012-CBX, Class A1, 0.96%, 06/15/45		228,061		227,705
LB-UBS Commercial Mortgage Trust, Series 2005-C1, Class A4, 4.74%, 02/15/30		390,000		405,953
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2012-C6, Class A1, 0.66%, 11/15/45		262,708		260,347
UBS-Barclays Commercial Mortgage Trust Series 2012-C2, Class A1, 1.01%, 05/10/63		221,384		221,036
Series 2012-C3, Class A1, 0.73%, 08/10/49		853,837		847,040
Series 2013-C5, Class A1, 0.78%, 03/10/46		463,524		458,980
Wachovia Bank Commercial Mortgage Trust, Series 2005-C21, Class A4, 5.24%, 10/15/44(b)		346,446		371,891
Wells Fargo Commercial Mortgage Trust, Series 2012-LC5, Class A1, 0.69%, 10/15/45		804,261		797,778
WF-RBS Commercial Mortgage Trust Series 2012-C6, Class A1, 1.08%, 04/15/45		299,055		298,612
Series 2012-C9, Class A1, 0.67%, 11/15/45		547,866		542,559

Total Commercial Mortgage Backed Securities (cost $11,313,173)				11,196,702


Corporate Bonds 42.4%

	Principal Amount		Market Value
Airlines 0.8%
Delta Air Lines Pass Through Trust, Series 2011-1, Class A, 5.30%, 04/15/19		815,010		884,286


Automobiles 0.3%
Nissan Motor Acceptance Corp., 1.00%, 03/15/16(a)		325,000		323,073


Beverages 0.8%
Anheuser-Busch InBev Worldwide, Inc. 1.50%, 07/14/14		100,000		101,079
5.38%, 11/15/14		350,000		371,139
3.63%, 04/15/15		350,000		367,448

				839,666


Capital Markets 0.4%
Morgan Stanley 6.00%, 05/13/14		310,000		321,787
4.00%, 07/24/15		150,000		156,679

				478,466


Chemicals 1.5%
Dow Chemical Co. (The), 2.50%, 02/15/16		1,000,000		1,037,392
Ecolab, Inc. 2.38%, 12/08/14		371,000		378,574
4.88%, 02/15/15		170,000		180,307
1.00%, 08/09/15		100,000		100,156

				1,696,429

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Short Duration Bond Fund



Corporate Bonds (continued)

	Principal Amount		Market Value

Commercial Banks 7.8%
Bank of New York Mellon Corp. (The), 2.50%, 01/15/16	$	445,000	$	461,282
Bank of Nova Scotia, 0.75%, 10/09/15		165,000		164,518
BB&T Corp., 1.13%, 06/15/18(b)		1,450,000		1,454,184
Canadian Imperial Bank of Commerce, 1.35%, 07/18/16		1,485,000		1,491,529
Capital One Financial Corp., 3.15%, 07/15/16		290,000		302,864
PNC Funding Corp. 3.63%, 02/08/15		433,000		451,095
4.25%, 09/21/15		635,000		680,126
Royal Bank of Canada 1.45%, 10/30/14		140,000		141,702
1.15%, 03/13/15		385,000		387,972
State Street Corp., 2.88%, 03/07/16		350,000		366,807
Wells Fargo & Co., 1.50%, 07/01/15		1,280,000		1,294,445
Westpac Banking Corp. 0.95%, 01/12/16		815,000		812,962
2.25%, 07/30/18		700,000		697,216

				8,706,702


Computers & Peripherals 1.2%
Hewlett-Packard Co. 1.55%, 05/30/14		700,000		703,857
3.00%, 09/15/16		650,000		672,525

				1,376,382


Consumer Finance 3.4%
American Express Credit Corp. 5.13%, 08/25/14		425,000		445,059
1.75%, 06/12/15		590,000		600,054
American Honda Finance Corp. 1.45%, 02/27/15(a)		365,000		368,211
1.00%, 08/11/15(a)		245,000		245,972
Ford Motor Credit Co. LLC 3.88%, 01/15/15		940,000		969,845
2.50%, 01/15/16		350,000		354,895
1.70%, 05/09/16		470,000		467,085
John Deere Capital Corp., 0.95%, 06/29/15		150,000		151,008
PACCAR Financial Corp., 1.05%, 06/05/15		250,000		251,494

				3,853,623


Containers & Packaging 1.2%
Ball Corp., 7.38%, 09/01/19		1,206,000		1,302,480


Diversified Financial Services 6.0%
Bank of America Corp. 3.70%, 09/01/15		655,000		684,132
1.25%, 01/11/16		350,000		348,320
Citigroup, Inc. 6.50%, 08/19/13		488,000		488,760
5.00%, 09/15/14		1,600,000		1,661,792
2.25%, 08/07/15		630,000		641,541
General Electric Capital Corp. 2.15%, 01/09/15		600,000		612,672
1.63%, 07/02/15		695,000		704,759
0.88%, 12/11/15(b)		295,000		297,096
JPMorgan Chase & Co., 3.45%, 03/01/16		1,250,000		1,312,195

				6,751,267


Diversified Telecommunication Services 1.8%
AT&T, Inc., 0.88%, 02/13/15		1,745,000		1,750,376
Telefonica Emisiones SAU, 4.95%, 01/15/15		300,000		313,182

				2,063,558


Electric Utilities 0.0%†
NextEra Energy Capital Holdings, Inc., 1.20%, 06/01/15		40,000		40,244


Food & Staples Retailing 0.1%
Walgreen Co., 1.80%, 09/15/17		100,000		99,783


Gas Utilities 2.5%
Enterprise Products Operating LLC Series G, 5.60%, 10/15/14		662,000		699,516
1.25%, 08/13/15		275,000		276,642
Kinder Morgan Energy Partners LP 5.13%, 11/15/14		885,000		934,121
5.63%, 02/15/15		325,000		349,016
3.50%, 03/01/16		235,000		249,071
ONEOK Partners LP, 6.15%, 10/01/16		280,000		318,753

				2,827,119


Health Care Providers & Services 0.4%
McKesson Corp., 0.95%, 12/04/15		95,000		95,216
WellPoint, Inc., 1.25%, 09/10/15		300,000		302,293

				397,509


Industrial Conglomerates 0.7%
Eaton Corp., 0.95%, 11/02/15(a)		750,000		750,476


Insurance 2.8%
American International Group, Inc., 4.25%, 09/15/14		1,500,000		1,555,058
Metropolitan Life Global Funding I, 2.00%, 01/09/15(a)		750,000		762,737
Prudential Financial, Inc. Series B, 5.10%, 09/20/14		125,000		130,932
6.20%, 01/15/15		250,000		268,215
4.75%, 09/17/15		430,000		464,428

				3,181,370

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Short Duration Bond Fund



Corporate Bonds (continued)

	Principal Amount		Market Value
Media 2.8%
DIRECTV Holdings LLC/DIRECTV Financing Co., Inc., 4.75%, 10/01/14	$	1,475,000	$	1,540,447
Time Warner Cable, Inc., 3.50%, 02/01/15		1,500,000		1,543,306

				3,083,753


Metals & Mining 0.4%
Rio Tinto Finance USA PLC 1.13%, 03/20/15		225,000		225,665
1.63%, 08/21/17		200,000		196,831

				422,496


Office Electronics 1.3%
Xerox Corp. 8.25%, 05/15/14		1,235,000		1,305,658
4.25%, 02/15/15		130,000		135,942

				1,441,600


Oil, Gas & Consumable Fuels 1.5%
Petrohawk Energy Corp., 7.25%, 08/15/18		1,000,000		1,092,500
Phillips 66, 1.95%, 03/05/15		90,000		91,566
Valero Energy Corp., 4.50%, 02/01/15		425,000		447,439

				1,631,505


Pharmaceuticals 2.9%
Actavis, Inc., 5.00%, 08/15/14		650,000		676,577
Merck & Co., Inc., 0.63%, 05/18/18(b)		1,525,000		1,527,921
Mylan, Inc., 1.80%, 06/24/16(a)		1,000,000		1,004,535

				3,209,033


Real Estate Investment Trusts (REITs) 0.3%
Simon Property Group LP, 5.75%, 12/01/15		300,000		330,790


Road & Rail 0.3%
Penske Truck Leasing Co./PTL Finance Corp., 2.50%, 07/11/14(a)		355,556		360,993


Software 1.2%
Oracle Corp., 0.85%, 01/15/19(b)		1,350,000		1,356,573

Total Corporate Bonds (cost $47,258,869)				47,409,176


Municipal Bond 0.8%

	Principal Amount		Market Value
Louisiana 0.8%
Louisiana Public Facilities Authority, Series 2008, 5.75%, 02/01/19		882,350		930,649

Total Municipal Bond (cost $969,552)				930,649


U.S. Government Mortgage Backed Agencies 8.1%

	Principal Amount		Market Value
Federal Home Loan Mortgage Corp. Gold Pool
Pool# G11723 5.50%, 07/01/20		138,911		149,226
Pool# J11719 4.00%, 02/01/25		255,350		269,155
Pool# J12604 4.00%, 07/01/25		654,855		690,258
Pool# G13908 4.00%, 10/01/25		164,424		173,313
Pool# J13543 3.50%, 11/01/25		296,202		309,786
Pool# J14965 3.50%, 04/01/26		188,167		196,796
Pool# J19197 3.00%, 05/01/27		1,161,001		1,193,201
Pool# G18437 3.00%, 06/01/27		1,239,713		1,274,096
Federal National Mortgage Association Pool
Pool# AB4251 2.50%, 01/01/22		348,082		348,055
Pool# MA0979 3.00%, 02/01/22		702,005		726,466
Pool# AE5487 3.50%, 10/01/25		246,241		258,150
Pool# 255894 5.00%, 10/01/25		257,332		277,265
Pool# AB2130 3.50%, 01/01/26		211,753		221,993
Pool# AE0705 4.00%, 01/01/26		231,845		245,376
Pool# AB2518 4.00%, 03/01/26		343,586		363,637
Pool# AP4568 2.50%, 09/01/27		935,456		935,676
Pool# MA1174 3.00%, 09/01/27		293,234		301,802
Government National Mortgage Association I Pool Pool# 723371, 4.50%, 11/15/24		543,294		580,688
Government National Mortgage Association II Pool Pool# G2 5080, 4.00%, 06/20/26		492,211		522,571

Total U.S. Government Mortgage Backed Agencies (cost $9,145,699)				9,037,510

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Short Duration Bond Fund



Yankee Dollar 0.4%

	Principal Amount		Market Value
Road & Rail 0.4%
Canadian National Railway Co., 5.80%, 06/01/16	$	450,000	$	508,991

Total Yankee Dollar (cost $498,313)				508,991


Mutual Fund 1.7%

	Shares		Market Value
Money Market Fund 1.7%
Fidelity Institutional Money Market Fund - Institutional Class, 0.11% (c)		1,902,629		1,902,629

Total Mutual Fund (cost $1,902,629)				1,902,629

Total Investments (cost $113,801,467) (d) — 101.3%				113,393,809
Liabilities in excess of other assets — (1.3%)				(1,464,957	)

NET ASSETS — 100.0%			$	111,928,852

(a)

(b)	Variable Rate Security. The rate reflected in the Statement of Investments is the rate in effect on July 31, 2013. The maturity date represents the actual maturity date.

(c)	Represents 7-day effective yield as of July 31, 2013.

(d)	At July 31, 2013, the tax basis cost of the Fund’s investments was $113,801,467, tax unrealized appreciation and depreciation were $323,437 and $(731,095), respectively.

†	Amount rounds to less than 0.1%.


ACES		Alternative Credit Enhancement Services
FDIC		Federal Deposit Insurance Corporation
LLC		Limited Liability Company
LP		Limited Partnership
PLC		Public Limited Company
REIT		Real Estate Investment Trust
REMICS		Real Estate Mortgage Investment Conduits
SAU		Single Shareholder Corporation

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Short Duration Bond Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.


	Level 1		Level 2		Level 3		Total
Assets:
Asset-Backed Securities	$	—	$	26,107,292	$	—	$	26,107,292
Collateralized Mortgage Obligations		—		16,300,860		—		16,300,860
Commercial Mortgage Backed Securities		—		11,196,702		—		11,196,702
Corporate Bonds		—		47,409,176		—		47,409,176
Municipal Bond		—		930,649		—		930,649
Mutual Fund		1,902,629		—		—		1,902,629
U.S. Government Mortgage Backed Agencies		—		9,037,510		—		9,037,510
Yankee Dollar		—		508,991		—		508,991

Total	$	1,902,629	$	111,491,180	$	—	$	113,393,809

Amounts designated as “—”, which may include fair valued securities, are zero or have been rounded to zero.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund



Common Stocks 97.3%

	Shares		Market Value
Aerospace & Defense 1.5%
AAR Corp.		16,928	$	410,335
Aerovironment, Inc.*(a)		7,838		177,217
American Science & Engineering, Inc.		3,476		211,306
API Technologies Corp.*(a)		14,392		43,895
Astronics Corp.*		5,339		210,944
Cubic Corp.		8,414		425,328
Curtiss-Wright Corp.		19,915		809,346
DigitalGlobe, Inc.*		31,657		1,025,687
Ducommun, Inc.*		4,480		102,323
Engility Holdings, Inc.*		7,263		236,701
Erickson Air-Crane, Inc.*		1,600		29,840
Esterline Technologies Corp.*		13,235		1,077,858
GenCorp, Inc.*(a)		25,788		451,548
HEICO Corp.		22,485		1,277,148
Innovative Solutions & Support, Inc.		5,139		39,622
KEYW Holding Corp. (The)*(a)		13,508		173,308
Kratos Defense & Security Solutions, Inc.*		18,626		125,539
LMI Aerospace, Inc.*		4,380		80,986
Moog, Inc., Class A*		19,142		1,076,546
National Presto Industries, Inc.(a)		2,032		150,652
Orbital Sciences Corp.*		25,535		473,419
Sparton Corp.*		4,300		76,411
Taser International, Inc.*		21,881		194,303
Teledyne Technologies, Inc.*		15,822		1,268,450

				10,148,712


Air Freight & Logistics 0.4%
Air Transport Services Group, Inc.*		22,137		147,875
Atlas Air Worldwide Holdings, Inc.*		10,984		490,326
Echo Global Logistics, Inc.*		7,522		163,754
Forward Air Corp.		12,829		469,157
Hub Group, Inc., Class A*		15,725		601,481
Pacer International, Inc.*		15,199		94,082
Park-Ohio Holdings Corp.*		3,662		128,646
UTi Worldwide, Inc.		38,459		634,573
XPO Logistics, Inc.*(a)		7,711		188,611

				2,918,505


Airlines 0.7%
Allegiant Travel Co.		6,374		620,700
Hawaiian Holdings, Inc.*(a)		21,630		165,253
JetBlue Airways Corp.*		98,888		646,728
Republic Airways Holdings, Inc.*		20,928		287,342
SkyWest, Inc.		22,020		332,942
Spirit Airlines, Inc.*		25,614		846,543
US Airways Group, Inc.*(a)		81,458		1,576,212

				4,475,720


Auto Components 1.0%
American Axle & Manufacturing Holdings, Inc.*		28,613		556,523
Cooper Tire & Rubber Co.		26,939		903,534
Dana Holding Corp.		62,175		1,358,524
Dorman Products, Inc.		10,737		505,498
Drew Industries, Inc.		9,716		396,704
Federal-Mogul Corp.*		8,112		126,385
Fuel Systems Solutions, Inc.*		5,987		108,904
Gentherm, Inc.*		14,183		289,333
Modine Manufacturing Co.*		20,111		221,221
Remy International, Inc.		5,833		121,268
Shiloh Industries, Inc.		2,573		32,986
Spartan Motors, Inc.		14,576		88,331
Standard Motor Products, Inc.		8,441		290,286
Stoneridge, Inc.*		12,156		146,844
Superior Industries International, Inc.		9,890		180,097
Tenneco, Inc.*		25,765		1,245,222
Tower International, Inc.*		2,592		57,827

				6,629,487


Automobiles 0.0%†
Winnebago Industries, Inc.*		11,965		286,203


Beverages 0.1%
Boston Beer Co., Inc. (The), Class A*		3,498		626,072
Coca-Cola Bottling Co. Consolidated		1,955		124,847
Craft Brew Alliance, Inc.*		4,281		38,529
National Beverage Corp.		4,858		86,375

				875,823


Biotechnology 3.8%
ACADIA Pharmaceuticals, Inc.*(a)		29,801		587,080
Achillion Pharmaceuticals, Inc.*		40,993		292,690
Acorda Therapeutics, Inc.*		17,260		655,362
Aegerion Pharmaceuticals, Inc.*(a)		12,238		1,120,878
Alnylam Pharmaceuticals, Inc.*		24,634		1,137,352
AMAG Pharmaceuticals, Inc.*		9,184		206,640
Amicus Therapeutics, Inc.*(a)		13,533		33,021
Anacor Pharmaceuticals, Inc.*(a)		10,719		82,000
Arena Pharmaceuticals, Inc.*(a)		92,697		644,244
Arqule, Inc.*		25,055		66,897
Array BioPharma, Inc.*		49,796		331,641
Astex Pharmaceuticals, Inc.*		39,998		209,190
AVEO Pharmaceuticals, Inc.*(a)		21,965		52,716
Biotime, Inc.*(a)		15,652		61,512
Cell Therapeutics, Inc.*(a)		47,464		53,634
Celldex Therapeutics, Inc.*		34,253		701,501
Cepheid, Inc.*		28,525		994,667
Chelsea Therapeutics International Ltd.*(a)		28,382		84,011
ChemoCentryx, Inc.*		10,339		144,539
Chimerix, Inc.*		3,556		80,863
Clovis Oncology, Inc.*		5,915		460,660
Coronado Biosciences, Inc.*(a)		9,360		73,289
Curis, Inc.*		34,474		143,067
Cytokinetics, Inc.*(a)		10,485		130,433
Cytori Therapeutics, Inc.*(a)		26,594		74,995
Dendreon Corp.*(a)		66,718		306,236
Durata Therapeutics, Inc.*		5,512		47,734
Dyax Corp.*		46,519		187,472
Dynavax Technologies Corp.*		76,570		101,838
Emergent Biosolutions, Inc.*		11,609		205,363
Enanta Pharmaceuticals, Inc.*		1,505		27,602

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund



Common Stocks (continued)

	Shares		Market Value
Biotechnology (continued)
Enzon Pharmaceuticals, Inc.		16,929	$	33,858
Epizyme, Inc.*		2,495		90,070
Exact Sciences Corp.*		29,781		408,595
Exelixis, Inc.*(a)		78,270		396,829
Fibrocell Science, Inc.*(a)		6,982		34,770
Galena Biopharma, Inc.*(a)		35,293		68,821
Genomic Health, Inc.*		7,130		254,113
Geron Corp.*		55,830		73,137
GTx, Inc.*(a)		11,234		53,811
Halozyme Therapeutics, Inc.*(a)		37,851		322,112
Hyperion Therapeutics, Inc.*(a)		3,548		88,877
Idenix Pharmaceuticals, Inc.*(a)		42,324		166,333
ImmunoGen, Inc.*(a)		35,805		682,085
Immunomedics, Inc.*(a)		31,164		177,323
Infinity Pharmaceuticals, Inc.*		20,350		431,013
Insmed, Inc.*		14,667		162,950
Insys Therapeutics, Inc.*		2,153		36,773
Intercept Pharmaceuticals, Inc.*		2,658		124,421
InterMune, Inc.*		34,764		539,190
Ironwood Pharmaceuticals, Inc.*(a)		39,532		483,872
Isis Pharmaceuticals, Inc.*(a)		47,644		1,374,529
KaloBios Pharmaceuticals, Inc.*		3,659		22,027
Keryx Biopharmaceuticals, Inc.*(a)		34,827		316,926
KYTHERA Biopharmaceuticals, Inc.*		4,313		118,866
Lexicon Pharmaceuticals, Inc.*		96,451		239,199
Ligand Pharmaceuticals, Inc., Class B*		7,544		357,435
MannKind Corp.*(a)		63,281		488,529
MEI Pharma, Inc.*		3,994		30,315
Merrimack Pharmaceuticals, Inc.*(a)		40,515		193,662
MiMedx Group, Inc.*(a)		35,666		223,269
Momenta Pharmaceuticals, Inc.*		20,109		347,081
Nanosphere, Inc.*		17,725		56,011
Neurocrine Biosciences, Inc.*		28,430		397,736
NewLink Genetics Corp.*(a)		7,173		128,827
Novavax, Inc.*(a)		56,704		152,534
NPS Pharmaceuticals, Inc.*		42,668		768,451
OncoGenex Pharmaceutical, Inc.*		6,054		59,148
Opko Health, Inc.*(a)		60,399		449,973
Orexigen Therapeutics, Inc.*		40,200		305,520
Osiris Therapeutics, Inc.*(a)		7,151		81,879
OvaScience, Inc.*		3,728		47,308
PDL BioPharma, Inc.(a)		59,187		480,598
Peregrine Pharmaceuticals, Inc.*(a)		63,583		90,288
Portola Pharmaceuticals, Inc.*		4,094		94,080
Progenics Pharmaceuticals, Inc.*		24,653		147,672
Prothena Corp. PLC*		4,962		86,190
Puma Biotechnology, Inc.*(a)		9,403		480,587
Raptor Pharmaceutical Corp.*(a)		23,686		236,149
Receptos, Inc.*		2,417		48,074
Regulus Therapeutics, Inc.*		4,194		42,527
Repligen Corp.*		13,337		135,637
Rigel Pharmaceuticals, Inc.*		37,484		142,814
Sangamo BioSciences, Inc.*(a)		22,654		220,877
Sarepta Therapeutics, Inc.*(a)		13,571		502,398
SIGA Technologies, Inc.*(a)		15,735		50,195
Spectrum Pharmaceuticals, Inc.		25,636		216,368
Stemline Therapeutics, Inc.*		3,871		108,930
Sunesis Pharmaceuticals, Inc.*(a)		13,745		69,825
Synageva BioPharma Corp.*		7,246		348,533
Synergy Pharmaceuticals, Inc.*(a)		34,116		153,522
Synta Pharmaceuticals Corp.*(a)		17,514		117,519
Targacept, Inc.*		11,506		57,530
TESARO, Inc.*		5,682		193,870
Tetraphase Pharmaceuticals, Inc.*		4,771		37,691
TG Therapeutics, Inc.*(a)		6,301		38,499
Threshold Pharmaceuticals, Inc.*(a)		20,208		109,527
Trius Therapeutics, Inc.*(a)		15,801		222,794
Vanda Pharmaceuticals, Inc.*		12,171		141,914
Verastem, Inc.*		7,147		109,206
Vical, Inc.*(a)		32,116		123,968
XOMA Corp.*		26,862		145,861
ZIOPHARM Oncology, Inc.*(a)		29,015		86,465

				25,127,413


Building Products 0.7%
AAON, Inc.		11,955		257,869
American Woodmark Corp.*		4,235		146,912
Apogee Enterprises, Inc.		12,241		327,569
Builders FirstSource, Inc.*(a)		19,002		112,112
Gibraltar Industries, Inc.*		13,086		201,524
Griffon Corp.		19,032		226,481
Insteel Industries, Inc.		7,697		129,310
NCI Building Systems, Inc.*		8,798		124,756
Nortek, Inc.*		3,816		257,618
Patrick Industries, Inc.*		2,818		70,196
PGT, Inc.*		14,077		140,770
Ply Gem Holdings, Inc.*		6,698		125,521
Quanex Building Products Corp.		15,792		268,780
Simpson Manufacturing Co., Inc.		17,204		568,076
Trex Co., Inc.*		7,309		346,008
Universal Forest Products, Inc.		8,409		346,871
USG Corp.*		32,345		812,830

				4,463,203


Capital Markets 2.6%
Apollo Investment Corp.		95,626		777,439
Arlington Asset Investment Corp., Class A		6,284		158,860
BGC Partners, Inc., Class A		53,901		338,498
BlackRock Kelso Capital Corp.		31,601		319,486
Calamos Asset Management, Inc., Class A		8,586		91,441
Capital Southwest Corp.		1,417		205,437
CIFC Corp.*		2,957		20,167
Cohen & Steers, Inc.		7,981		274,307
Cowen Group, Inc., Class A*		41,205		133,092
Diamond Hill Investment Group, Inc.		1,207		124,961
Evercore Partners, Inc., Class A		13,438		637,230
FBR & Co.*		3,766		108,047
Fidus Investment Corp.(a)		5,883		114,366
Fifth Street Finance Corp.		51,419		557,382
Financial Engines, Inc.		20,732		989,746
Firsthand Technology Value Fund, Inc.*		3,656		78,312
FXCM, Inc., Class A		15,478		255,387
GAMCO Investors, Inc., Class A		2,569		144,917
Garrison Capital, Inc.(a)		2,447		36,460
GFI Group, Inc.		30,155		120,620
Gladstone Capital Corp.		9,028		77,821
Gladstone Investment Corp.		11,000		78,980
Golub Capital BDC, Inc.(a)		14,641		266,173
Greenhill & Co., Inc.		11,993		603,728
GSV Capital Corp.*(a)		8,225		76,081
Hannon Armstrong Sustainable Infrastructure Capital, Inc.*(a)		6,205		73,653

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund



Common Stocks (continued)

	Shares		Market Value
Capital Markets (continued)
Hercules Technology Growth Capital, Inc.		26,230	$	365,646
HFF, Inc., Class A		13,990		293,790
Horizon Technology Finance Corp.		3,507		49,063
ICG Group, Inc.*		15,855		192,321
INTL. FCStone, Inc.*		5,988		110,838
Investment Technology Group, Inc.*		15,850		225,228
Janus Capital Group, Inc.		63,240		592,559
JMP Group, Inc.		6,680		47,428
KCAP Financial, Inc.(a)		11,976		125,389
KCG Holdings, Inc., Class A*		30,153		278,011
Ladenburg Thalmann Financial Services, Inc.*		43,047		80,928
Main Street Capital Corp.(a)		14,745		450,165
Manning & Napier, Inc.		5,810		104,289
MCG Capital Corp.		30,453		167,187
Medallion Financial Corp.		7,858		118,577
Medley Capital Corp.(a)		12,311		179,741
MVC Capital, Inc.		10,127		128,815
New Mountain Finance Corp.		15,524		225,098
NGP Capital Resources Co.		9,054		59,575
Oppenheimer Holdings, Inc., Class A		4,228		81,008
PennantPark Floating Rate Capital Ltd.		5,904		83,010
PennantPark Investment Corp.		28,344		330,208
Piper Jaffray Cos.*		7,338		246,190
Prospect Capital Corp.(a)		103,369		1,131,891
Pzena Investment Management, Inc., Class A		4,978		35,443
Safeguard Scientifics, Inc.*		8,876		132,696
Solar Capital Ltd.		19,155		421,985
Solar Senior Capital Ltd.		4,868		92,200
Stellus Capital Investment Corp.(a)		5,061		76,674
Stifel Financial Corp.*		27,008		1,016,851
SWS Group, Inc.*		12,392		73,856
TCP Capital Corp.		10,940		173,837
THL Credit, Inc.		11,089		172,767
TICC Capital Corp.(a)		22,294		223,832
Triangle Capital Corp.(a)		11,751		341,249
Virtus Investment Partners, Inc.*		2,467		460,095
Walter Investment Management Corp.*		15,616		621,361
Westwood Holdings Group, Inc.		2,981		148,275
WhiteHorse Finance, Inc.(a)		2,789		44,206
WisdomTree Investments, Inc.*		42,674		552,628

				16,917,501


Chemicals 2.2%
A. Schulman, Inc.		12,512		335,322
Advanced Emissions Solutions, Inc.*		4,276		179,378
American Pacific Corp.*		2,473		89,943
American Vanguard Corp.		12,221		301,736
Arabian American Development Co.*		8,560		76,526
Axiall Corp.		29,581		1,303,930
Balchem Corp.		12,620		627,971
Calgon Carbon Corp.*		23,016		412,677
Chase Corp.		2,747		76,229
Chemtura Corp.*		41,532		928,656
Ferro Corp.*		30,877		201,627
Flotek Industries, Inc.*		20,334		398,140
FutureFuel Corp.		9,147		144,431
GSE Holding, Inc.*		3,637		19,021
H.B. Fuller Co.		21,385		858,608
Hawkins, Inc.		3,994		154,767
Innophos Holdings, Inc.		9,327		464,858
Innospec, Inc.		9,996		429,028
Intrepid Potash, Inc.		23,172		296,138
KMG Chemicals, Inc.		3,496		78,940
Koppers Holdings, Inc.		8,800		340,120
Kraton Performance Polymers, Inc.*		13,840		280,952
Landec Corp.*		10,952		165,266
LSB Industries, Inc.*		8,102		266,394
Minerals Technologies, Inc.		14,815		681,490
Olin Corp.		34,145		833,138
OM Group, Inc.*		13,599		419,801
OMNOVA Solutions, Inc.*		19,641		158,306
Penford Corp.*		4,134		61,349
PolyOne Corp.		42,071		1,216,273
Quaker Chemical Corp.		5,589		368,706
Sensient Technologies Corp.		21,276		936,357
Stepan Co.		7,996		478,641
Taminco Corp.*		6,682		152,350
Tredegar Corp.		10,478		314,445
Zep, Inc.		9,688		126,719
Zoltek Cos., Inc.*(a)		11,639		162,131

				14,340,364


Commercial Banks 7.0%
1st Source Corp.		6,509		177,565
1st United Bancorp, Inc.		12,968		100,891
Access National Corp.		2,919		44,456
American National Bankshares, Inc.		3,356		80,007
Ameris Bancorp*		10,179		195,946
Ames National Corp.		3,913		89,529
Arrow Financial Corp.		4,529		119,294
Bancfirst Corp.		2,983		155,951
Banco Latinoamericano de Comercio Exterior SA, Class E		12,398		312,306
Bancorp, Inc. (The)*		13,887		208,305
BancorpSouth, Inc.		40,518		796,179
Bank of Kentucky Financial Corp. (The)		2,649		72,715
Bank of Marin Bancorp		2,337		98,505
Bank of the Ozarks, Inc.		13,223		631,795
Banner Corp.		8,298		307,690
Bar Harbor Bankshares		1,716		67,370
BBCN Bancorp, Inc.		33,655		491,700
BNC Bancorp		7,717		102,405
Boston Private Financial Holdings, Inc.		33,854		374,087
Bridge Bancorp, Inc.		3,868		82,930
Bridge Capital Holdings*		4,179		68,912
Bryn Mawr Bank Corp.		5,686		158,981
C&F Financial Corp.(a)		1,356		73,278
Camden National Corp.		3,257		126,730
Capital Bank Financial Corp., Class A*		10,490		200,359
Capital City Bank Group, Inc.*		5,265		65,918
Cardinal Financial Corp.		12,927		211,486
Cascade Bancorp*		2,677		15,875
Cathay General Bancorp		33,414		793,917
Center Bancorp, Inc.		5,142		77,490
Centerstate Banks, Inc.		12,767		125,883
Central Pacific Financial Corp.*		9,296		172,813
Century Bancorp, Inc., Class A		1,492		53,070
Chemical Financial Corp.		11,767		351,363

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund



Common Stocks (continued)

	Shares		Market Value
Commercial Banks (continued)
Chemung Financial Corp.		1,513	$	50,277
Citizens & Northern Corp.		5,343		105,471
City Holding Co.(a)		6,693		296,232
CNB Financial Corp.		5,434		97,160
CoBiz Financial, Inc.		15,291		153,522
Columbia Banking System, Inc.		21,736		542,965
Community Bank System, Inc.		17,044		571,656
Community Trust Bancorp, Inc.		6,006		239,339
CommunityOne Bancorp*(a)		4,490		38,165
ConnectOne Bancorp, Inc.*		784		24,978
CU Bancorp*(a)		3,911		69,420
Customers Bancorp, Inc.*(a)		8,492		142,241
CVB Financial Corp.		39,078		511,531
Eagle Bancorp, Inc.*		9,474		248,882
Enterprise Bancorp, Inc.		2,982		59,968
Enterprise Financial Services Corp.		7,768		143,941
Farmers Capital Bank Corp.*(a)		3,108		75,897
Fidelity Southern Corp.		6,045		93,332
Financial Institutions, Inc.		5,873		118,223
First Bancorp, Inc.		4,002		71,636
First Bancorp, North Carolina		8,299		131,373
First BanCorp, Puerto Rico*		30,495		229,627
First Busey Corp.		31,134		155,359
First Commonwealth Financial Corp.		41,831		314,151
First Community Bancshares, Inc.		7,689		122,716
First Connecticut Bancorp, Inc.		7,016		105,240
First Financial Bancorp		24,733		398,449
First Financial Bankshares, Inc.(a)		13,376		824,630
First Financial Corp.		4,796		159,035
First Financial Holdings, Inc.		10,184		564,600
First Interstate BancSystem, Inc.		7,414		174,748
First M&F Corp.		3,445		61,080
First Merchants Corp.		12,301		230,275
First Midwest Bancorp, Inc.		32,004		488,701
First NBC Bank Holding Co.*		1,737		45,440
First of Long Island Corp. (The)		3,371		121,289
First Security Group, Inc.*(a)		26,211		62,644
FirstMerit Corp.		70,313		1,576,417
Flushing Financial Corp.		13,171		249,722
FNB Corp.		61,594		778,548
German American Bancorp, Inc.		5,393		149,224
Glacier Bancorp, Inc.		30,525		742,978
Great Southern Bancorp, Inc.		4,441		129,677
Guaranty Bancorp		6,380		80,005
Hampton Roads Bankshares, Inc.*(a)		13,339		22,676
Hancock Holding Co.		36,053		1,181,096
Hanmi Financial Corp.*		13,479		229,143
Heartland Financial USA, Inc.		6,293		176,204
Heritage Commerce Corp.*		8,419		61,880
Heritage Financial Corp.		6,542		103,952
Heritage Oaks Bancorp*		8,967		59,631
Home BancShares, Inc.		19,212		524,872
Home Federal Bancorp, Inc.		6,275		87,975
HomeTrust Bancshares, Inc.*		8,859		143,782
Horizon Bancorp		3,608		86,484
Hudson Valley Holding Corp.		6,986		144,750
IBERIABANK Corp.		12,635		742,938
Independent Bank Corp.		9,745		362,904
Independent Bank Group, Inc.*		1,571		54,639
International Bancshares Corp.		22,732		550,342
Intervest Bancshares Corp.*		7,404		54,790
Investors Bancorp, Inc.		19,760		438,672
Lakeland Bancorp, Inc.		12,699		142,737
Lakeland Financial Corp.		7,030		221,796
LCNB Corp.(a)		2,551		55,739
Macatawa Bank Corp.*		9,824		50,987
MainSource Financial Group, Inc.		8,432		121,927
MB Financial, Inc.		23,327		671,351
Mercantile Bank Corp.		3,543		70,754
Merchants Bancshares, Inc.		2,319		71,982
Metro Bancorp, Inc.*		5,981		130,745
MetroCorp Bancshares, Inc.		6,750		72,225
Middleburg Financial Corp.		2,379		49,673
MidSouth Bancorp, Inc.		3,523		57,425
MidWestOne Financial Group, Inc.		2,877		75,061
National Bank Holdings Corp., Class A		22,163		443,260
National Bankshares, Inc.(a)		2,969		113,564
National Penn Bancshares, Inc.		49,911		538,540
NBT Bancorp, Inc.		18,688		421,788
NewBridge Bancorp*		10,490		85,913
Northrim BanCorp, Inc.		2,587		66,020
OFG Bancorp		19,451		359,260
Old National Bancorp		43,173		622,123
OmniAmerican Bancorp, Inc.*		4,917		116,238
Pacific Continental Corp.		7,738		95,410
Pacific Premier Bancorp, Inc.*		6,825		88,930
PacWest Bancorp		16,152		572,104
Palmetto Bancshares, Inc.*(a)		1,806		24,218
Park National Corp.(a)		4,852		382,823
Park Sterling Corp.*		18,547		124,265
Peapack Gladstone Financial Corp.		3,957		77,399
Penns Woods Bancorp, Inc.		1,657		76,123
Peoples Bancorp, Inc.		4,673		105,096
Pinnacle Financial Partners, Inc.*		14,931		425,235
Preferred Bank, Los Angeles*		5,026		85,392
PrivateBancorp, Inc.		27,633		651,862
Prosperity Bancshares, Inc.		25,602		1,511,030
Renasant Corp.		10,756		294,714
Republic Bancorp, Inc., Class A		4,180		109,391
S&T Bancorp, Inc.		12,432		304,335
Sandy Spring Bancorp, Inc.		10,642		260,090
Seacoast Banking Corp. of Florida*		31,420		74,151
Sierra Bancorp		5,218		82,340
Simmons First National Corp., Class A		7,081		193,665
Southside Bancshares, Inc.(a)		7,658		191,373
Southwest Bancorp, Inc.*		8,317		124,422
State Bank Financial Corp.		13,651		217,870
StellarOne Corp.		9,723		205,933
Sterling Bancorp		13,245		179,470
Sterling Financial Corp.		14,418		382,510
Suffolk Bancorp*		4,850		88,027
Sun Bancorp, Inc.*		18,052		59,933
Susquehanna Bancshares, Inc.		78,982		1,050,461
SY Bancorp, Inc.		5,860		161,912
Taylor Capital Group, Inc.*		7,341		164,659
Texas Capital Bancshares, Inc.*		17,283		786,204
Tompkins Financial Corp.		6,087		274,706

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund



Common Stocks (continued)

	Shares		Market Value
Commercial Banks (continued)
TowneBank(a)		11,285	$	180,221
TriCo Bancshares		6,841		148,176
Tristate Capital Holdings, Inc.*		2,697		36,086
Trustmark Corp.		28,596		771,234
UMB Financial Corp.		13,808		825,718
Umpqua Holdings Corp.		47,661		802,611
Union First Market Bankshares Corp.		8,652		191,209
United Bankshares, Inc.(a)		17,603		498,517
United Community Banks, Inc.*		18,360		250,247
Univest Corp. of Pennsylvania		7,163		145,337
VantageSouth Bancshares, Inc.*		4,813		24,306
ViewPoint Financial Group, Inc.		16,917		364,900
Virginia Commerce Bancorp, Inc.*		11,551		173,611
Washington Banking Co.		6,726		97,863
Washington Trust Bancorp, Inc.		6,200		200,508
Webster Financial Corp.		38,368		1,045,144
WesBanco, Inc.		11,020		324,539
West Bancorporation, Inc.		6,779		92,737
Westamerica Bancorporation		11,495		551,645
Western Alliance Bancorp*		31,555		559,470
Wilshire Bancorp, Inc.		26,497		232,909
Wintrust Financial Corp.		15,651		640,282
Yadkin Financial Corp.*		6,168		96,159

				45,821,785


Commercial Services & Supplies 2.0%
A.T. Cross Co., Class A*		4,151		77,209
ABM Industries, Inc.		23,162		599,896
ACCO Brands Corp.*		48,329		319,455
Acorn Energy, Inc.(a)		7,642		66,332
ARC Document Solutions, Inc.*		16,388		78,171
Brink’s Co. (The)		20,382		544,811
Casella Waste Systems, Inc., Class A*		16,111		76,849
CECO Environmental Corp.		4,235		56,580
Cenveo, Inc.*(a)		22,804		55,642
CompX International, Inc.		423		7,356
Consolidated Graphics, Inc.*		3,087		165,432
Courier Corp.		4,770		74,030
Deluxe Corp.		21,521		882,576
EnerNOC, Inc.*		10,978		171,476
Ennis, Inc.		11,169		206,961
G&K Services, Inc., Class A		8,223		434,257
Healthcare Services Group, Inc.		29,101		716,176
Heritage-Crystal Clean, Inc.*		3,690		57,343
Herman Miller, Inc.		24,937		700,979
HNI Corp.		19,170		730,569
InnerWorkings, Inc.*		18,769		219,222
Interface, Inc.		25,242		479,346
Intersections, Inc.		4,136		40,036
Kimball International, Inc., Class B		13,831		152,003
Knoll, Inc.		20,529		339,139
McGrath RentCorp		10,714		366,847
Mine Safety Appliances Co.		12,042		639,791
Mobile Mini, Inc.*		16,318		563,134
Multi-Color Corp.		5,243		181,460
NL Industries, Inc.		3,007		33,348
Performant Financial Corp.*		9,435		99,728
Quad/Graphics, Inc.(a)		10,642		298,402
Schawk, Inc.		5,632		77,609
Standard Parking Corp.*		6,573		151,310
Steelcase, Inc., Class A		35,804		545,653
Swisher Hygiene, Inc.*(a)		50,411		40,586
Team, Inc.*		8,785		344,284
Tetra Tech, Inc.*		27,448		647,773
TMS International Corp., Class A		6,046		98,973
TRC Cos., Inc.*		6,970		57,851
UniFirst Corp.		6,224		610,076
United Stationers, Inc.		17,210		712,322
US Ecology, Inc.		7,842		239,730
Viad Corp.		8,653		208,105
West Corp.		9,014		197,947

				13,366,775


Communications Equipment 1.9%
ADTRAN, Inc.		25,208		666,247
Alliance Fiber Optic Products, Inc.(a)		2,421		77,012
Anaren, Inc.*		4,972		116,395
ARRIS Group, Inc.*		49,114		738,675
Aruba Networks, Inc.*		48,161		856,303
Aviat Networks, Inc.*		26,161		69,327
Bel Fuse, Inc., Class B		4,243		66,403
Black Box Corp.		6,873		185,983
CalAmp Corp.*		14,950		229,482
Calix, Inc.*		16,709		195,161
Ciena Corp.*		42,961		947,720
Comtech Telecommunications Corp.		7,160		193,893
Digi International, Inc.*		11,011		109,339
Emulex Corp.*		38,267		306,519
Extreme Networks*		39,658		171,719
Finisar Corp.*		39,740		768,174
Globecomm Systems, Inc.*		10,025		145,262
Harmonic, Inc.*		42,365		324,516
Infinera Corp.*(a)		49,311		537,983
InterDigital, Inc.		17,369		690,070
Ixia*		23,991		333,475
KVH Industries, Inc.*		6,536		91,439
NETGEAR, Inc.*		16,380		488,288
Numerex Corp., Class A*		5,866		63,353
Oplink Communications, Inc.*		8,105		163,316
ParkerVision, Inc.*(a)		37,599		166,188
PC-Tel, Inc.		7,689		74,199
Plantronics, Inc.		18,408		855,788
Procera Networks, Inc.*(a)		8,676		129,446
Ruckus Wireless, Inc.*(a)		18,475		245,902
ShoreTel, Inc.*		24,832		96,596
Sonus Networks, Inc.*		91,523		313,009
Symmetricom, Inc.*		17,194		88,377
Tellabs, Inc.		151,456		339,261
TESSCO Technologies, Inc.		2,286		73,243
Ubiquiti Networks, Inc.		5,330		112,037
ViaSat, Inc.*		16,760		1,119,400
Westell Technologies, Inc., Class A*		19,278		49,930

				12,199,430


Computers & Peripherals 0.6%
Avid Technology, Inc.*		12,900		76,884
Cray, Inc.*		16,867		390,808
Datalink Corp.*		6,827		88,888

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund



Common Stocks (continued)

	Shares		Market Value
Computers & Peripherals (continued)
Electronics for Imaging, Inc.*		19,754	$	593,213
Fusion-io, Inc.*(a)		32,314		465,968
Hutchinson Technology, Inc.*		9,896		33,943
Imation Corp.*		14,758		69,068
Immersion Corp.*		11,904		170,703
Intermec, Inc.*		25,773		255,926
QLogic Corp.*		37,876		417,015
Quantum Corp.*		90,664		145,062
Silicon Graphics International Corp.*		14,217		267,564
STEC, Inc.*		14,361		97,224
Super Micro Computer, Inc.*		13,468		156,094
Synaptics, Inc.*		13,821		552,840

				3,781,200


Construction & Engineering 0.8%
Aegion Corp.*		16,664		380,272
Ameresco, Inc., Class A*		8,376		76,557
Argan, Inc.		5,885		93,277
Comfort Systems USA, Inc.		15,868		245,161
Dycom Industries, Inc.*		14,086		372,997
EMCOR Group, Inc.		28,399		1,172,311
Furmanite Corp.*		15,518		116,230
Granite Construction, Inc.		16,517		499,639
Great Lakes Dredge & Dock Corp.		25,349		194,934
Layne Christensen Co.*		8,451		163,780
MasTec, Inc.*		25,262		833,646
Michael Baker Corp.		3,630		146,652
MYR Group, Inc.*		8,725		188,460
Northwest Pipe Co.*		4,067		121,197
Orion Marine Group, Inc.*		11,509		144,668
Pike Electric Corp.		11,001		134,322
Primoris Services Corp.		14,980		311,584
Sterling Construction Co., Inc.*		6,571		64,527
Tutor Perini Corp.*		15,670		309,953

				5,570,167


Construction Materials 0.2%
Headwaters, Inc.*		31,198		294,197
Texas Industries, Inc.*		9,201		571,750
United States Lime & Minerals, Inc.*		788		46,996
US Concrete, Inc.*		5,648		96,920

				1,009,863


Consumer Finance 0.8%
Cash America International, Inc.		12,136		509,712
Consumer Portfolio Services, Inc.*		7,146		46,449
Credit Acceptance Corp.*		3,030		340,845
DFC Global Corp.*		17,241		267,063
Encore Capital Group, Inc.*		10,560		410,361
EZCORP, Inc., Class A*		21,640		391,251
First Cash Financial Services, Inc.*		12,412		662,801
First Marblehead Corp. (The)*		38,165		64,880
Green Dot Corp., Class A*		10,945		254,800
Imperial Holdings, Inc.*		7,212		53,441
Nelnet, Inc., Class A		9,748		379,002
Nicholas Financial, Inc.		4,303		66,998
Portfolio Recovery Associates, Inc.*		7,166		1,069,955
Regional Management Corp.*		2,324		71,835
World Acceptance Corp.*(a)		3,956		329,456

				4,918,849


Containers & Packaging 0.3%
AEP Industries, Inc.*		1,870		150,909
Berry Plastics Group, Inc.*		23,520		542,371
Boise, Inc.		42,852		389,953
Graphic Packaging Holding Co.*		88,970		765,142
Myers Industries, Inc.		12,031		234,244
UFP Technologies, Inc.*		2,436		51,814

				2,134,433


Distributors 0.2%
Core-Mark Holding Co., Inc.		4,889		306,296
Pool Corp.		19,719		1,040,769
VOXX International Corp.*		7,881		106,787
Weyco Group, Inc.(a)		2,793		76,333

				1,530,185


Diversified Consumer Services 1.2%
American Public Education, Inc.*		7,499		296,285
Ascent Capital Group, Inc., Class A*		5,973		464,162
Bridgepoint Education, Inc.*(a)		7,770		125,252
Bright Horizons Family Solutions, Inc.*		5,024		177,900
Capella Education Co.*		4,709		230,788
Career Education Corp.*		23,185		74,656
Carriage Services, Inc.		6,716		125,992
Corinthian Colleges, Inc.*		33,642		75,358
Education Management Corp.*(a)		10,376		73,151
Grand Canyon Education, Inc.*		19,291		652,422
Hillenbrand, Inc.		23,377		579,516
ITT Educational Services, Inc.*(a)		9,903		259,756
JTH Holding, Inc., Class A*		1,842		32,124
K12, Inc.*(a)		11,442		355,846
LifeLock, Inc.*		25,754		292,823
Lincoln Educational Services Corp.		10,255		64,299
Mac-Gray Corp.		5,075		74,603
Matthews International Corp., Class A		11,749		454,451
Outerwall, Inc.*(a)		11,960		660,790
Regis Corp.		20,225		351,308
Sotheby’s		28,878		1,299,510
Steiner Leisure Ltd.*		6,244		361,777
Stewart Enterprises, Inc., Class A		30,842		405,264
Strayer Education, Inc.(a)		4,602		203,685
Universal Technical Institute, Inc.		9,126		106,774

				7,798,492


Diversified Financial Services 0.3%
California First National Bancorp		1,047		18,103
Gain Capital Holdings, Inc.		4,836		26,308
MarketAxess Holdings, Inc.		15,958		825,028
Marlin Business Services Corp.		3,477		79,554
NewStar Financial, Inc.*		11,221		172,803
PHH Corp.*		24,294		550,502
PICO Holdings, Inc.*		9,692		212,158
Resource America, Inc., Class A		5,399		44,812

				1,929,268


Diversified Telecommunication Services 0.6%
8x8, Inc.*		30,819		279,220
Atlantic Tele-Network, Inc.		3,936		200,736
Cbeyond, Inc.*		11,400		96,558
Cincinnati Bell, Inc.*		88,787		306,315
Cogent Communications Group, Inc.		20,096		575,148
Consolidated Communications Holdings, Inc.		17,234		301,423
FairPoint Communications, Inc.*(a)		9,021		79,024

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund



Common Stocks (continued)

	Shares		Market Value
Diversified Telecommunication Services (continued)
General Communication, Inc., Class A*		13,614	$	120,484
Hawaiian Telcom Holdco, Inc.*(a)		4,456		123,966
HickoryTech Corp.		5,825		65,356
IDT Corp., Class B		6,543		135,244
inContact, Inc.*		22,696		192,462
Inteliquent, Inc.		13,792		115,025
Iridium Communications, Inc.*(a)		27,141		228,527
Lumos Networks Corp.		6,663		126,264
magicJack VocalTec Ltd.*(a)		7,883		121,083
ORBCOMM, Inc.*		15,203		73,278
Premiere Global Services, Inc.*		20,515		225,665
Primus Telecommunications Group, Inc.		5,148		61,673
Towerstream Corp.*(a)		28,052		82,192
Vonage Holdings Corp.*		59,048		190,135

				3,699,778


Electric Utilities 1.4%
ALLETE, Inc.		16,937		908,162
Cleco Corp.		25,637		1,243,651
El Paso Electric Co.		17,117		646,509
Empire District Electric Co. (The)		18,194		421,737
IDACORP, Inc.		21,295		1,123,737
MGE Energy, Inc.		9,833		577,295
Otter Tail Corp.		15,442		472,371
PNM Resources, Inc.		33,760		792,685
Portland General Electric Co.		32,084		1,017,063
UIL Holdings Corp.		21,495		877,856
Unitil Corp.		5,832		179,276
UNS Energy Corp.		17,618		895,875

				9,156,217


Electrical Equipment 1.4%
Acuity Brands, Inc.		18,149		1,569,888
American Superconductor Corp.*(a)		19,160		48,091
AZZ, Inc.		10,840		410,077
Brady Corp., Class A		19,636		653,290
Capstone Turbine Corp.*(a)		130,343		191,604
Coleman Cable, Inc.		3,701		80,423
Encore Wire Corp.		8,740		364,545
EnerSys, Inc.		20,346		1,076,710
Enphase Energy, Inc.*(a)		6,734		42,761
Franklin Electric Co., Inc.		20,169		751,497
FuelCell Energy, Inc.*(a)		67,471		82,315
Generac Holdings, Inc.		21,837		946,634
General Cable Corp.		21,112		665,450
Global Power Equipment Group, Inc.		7,258		131,225
GrafTech International Ltd.*(a)		49,510		372,315
II-VI, Inc.*		21,720		384,010
LSI Industries, Inc.		9,188		74,974
Polypore International, Inc.*(a)		19,820		832,242
Powell Industries, Inc.*		3,893		191,536
Power Solutions International, Inc.*		896		39,254
PowerSecure International, Inc.*		8,013		130,452
Preformed Line Products Co.		1,092		79,661
Revolution Lighting Technologies, Inc.*		12,595		52,647
Thermon Group Holdings, Inc.*		11,490		229,915
Vicor Corp.*		7,624		63,203

				9,464,719


Electronic Equipment, Instruments & Components 2.5%
Aeroflex Holding Corp.*		8,411		63,251
Agilysys, Inc.*		5,987		69,389
Anixter International, Inc.*		11,417		948,068
Audience, Inc.*		4,052		51,055
Badger Meter, Inc.		6,117		291,414
Belden, Inc.		18,628		1,091,787
Benchmark Electronics, Inc.*		23,121		511,437
Checkpoint Systems, Inc.*		17,397		299,228
Cognex Corp.		18,321		973,028
Coherent, Inc.		10,358		587,091
CTS Corp.		14,289		200,761
Daktronics, Inc.		15,466		168,270
DTS, Inc.*		7,781		176,162
Electro Rent Corp.		7,979		142,665
Electro Scientific Industries, Inc.		9,967		113,126
Fabrinet*		12,004		177,779
FARO Technologies, Inc.*		7,272		267,101
FEI Co.		16,311		1,263,287
GSI Group, Inc.*		12,692		106,740
Insight Enterprises, Inc.*		18,516		396,057
InvenSense, Inc.*(a)		24,124		426,512
Itron, Inc.*		16,778		723,467
KEMET Corp.*		18,812		82,020
Littelfuse, Inc.		9,377		750,066
Maxwell Technologies, Inc.*		12,610		99,997
Measurement Specialties, Inc.*		6,551		326,109
Mercury Systems, Inc.*		13,816		128,213
Mesa Laboratories, Inc.		1,153		75,245
Methode Electronics, Inc.		15,795		298,368
MTS Systems Corp.		6,730		424,327
Multi-Fineline Electronix, Inc.*		3,710		56,095
Navarre Corp.*		16,693		51,915
Neonode, Inc.*(a)		10,776		83,945
Newport Corp.*		16,546		242,399
OSI Systems, Inc.*		8,479		596,837
Park Electrochemical Corp.		8,876		241,427
PC Connection, Inc.		3,965		67,246
Plexus Corp.*		14,509		507,380
Radisys Corp.*		10,247		42,320
RealD, Inc.*(a)		17,266		183,883
Richardson Electronics Ltd.		5,185		58,279
Rofin-Sinar Technologies, Inc.*		12,037		278,175
Rogers Corp.*		7,242		402,800
Sanmina Corp.*		35,220		579,721
ScanSource, Inc.*		11,853		422,085
SYNNEX Corp.*		11,216		555,416
TTM Technologies, Inc.*		22,557		208,427
Uni-Pixel, Inc.*(a)		4,303		57,144
Universal Display Corp.*(a)		17,115		495,479
Viasystems Group, Inc.*		1,709		25,379
Vishay Precision Group, Inc.*		5,260		85,317
Zygo Corp.*		7,085		111,022

				16,584,711


Energy Equipment & Services 1.8%
Basic Energy Services, Inc.*		12,766		146,043
Bolt Technology Corp.		3,609		65,431
Bristow Group, Inc.		15,275		1,038,853
C&J Energy Services, Inc.*		19,165		370,843
Cal Dive International, Inc.*(a)		41,239		80,828
CARBO Ceramics, Inc.(a)		8,395		737,585
Dawson Geophysical Co.*		3,428		123,682
Era Group, Inc.*		8,501		207,339
Exterran Holdings, Inc.*		24,352		773,176

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund



Common Stocks (continued)

	Shares		Market Value
Energy Equipment & Services (continued)
Forum Energy Technologies, Inc.*		16,683	$	481,805
Geospace Technologies Corp.*		5,495		408,883
Global Geophysical Services, Inc.*		9,599		42,140
Gulf Island Fabrication, Inc.		6,147		152,015
GulfMark Offshore, Inc., Class A		11,356		559,283
Helix Energy Solutions Group, Inc.*		44,866		1,138,250
Hercules Offshore, Inc.*		67,885		468,406
Hornbeck Offshore Services, Inc.*		15,136		801,451
ION Geophysical Corp.*		56,700		348,705
Key Energy Services, Inc.*		64,807		410,876
Matrix Service Co.*		11,188		177,330
Mitcham Industries, Inc.*		5,514		93,352
Natural Gas Services Group, Inc.*		5,333		129,859
Newpark Resources, Inc.*		36,723		420,111
Nuverra Environmental Solutions, Inc.*(a)		60,802		179,366
Parker Drilling Co.*		50,714		307,834
PHI, Inc., Non-Voting Shares*		5,368		188,954
Pioneer Energy Services Corp.*		26,494		179,629
RigNet, Inc.*		5,075		138,548
SEACOR Holdings, Inc.		8,514		745,486
Tesco Corp.*		12,867		170,359
TETRA Technologies, Inc.*		33,332		337,320
TGC Industries, Inc.		6,436		57,731
Vantage Drilling Co.*(a)		85,658		157,611
Willbros Group, Inc.*		17,064		122,520

				11,761,604


Food & Staples Retailing 1.2%
Andersons, Inc. (The)		7,949		471,535
Arden Group, Inc., Class A		501		65,125
Casey’s General Stores, Inc.		16,195		1,072,595
Chefs’ Warehouse Inc. (The)*		5,889		118,075
Fairway Group Holdings Corp.*(a)		6,662		167,016
Harris Teeter Supermarkets, Inc.		21,001		1,032,829
Ingles Markets, Inc., Class A		5,316		151,293
Nash Finch Co.		5,241		122,902
Natural Grocers by Vitamin Cottage, Inc.*(a)		3,749		134,364
Pantry, Inc. (The)*		10,152		126,392
PriceSmart, Inc.		8,028		730,789
Rite Aid Corp.*		310,501		931,503
Roundy’s, Inc.(a)		10,653		97,155
Spartan Stores, Inc.		9,228		181,515
SUPERVALU, Inc.*(a)		85,929		688,291
Susser Holdings Corp.*		7,665		396,434
United Natural Foods, Inc.*		20,847		1,221,634
Village Super Market, Inc., Class A		2,736		100,822
Weis Markets, Inc.		4,672		234,628

				8,044,897


Food Products 1.7%
Alico, Inc.		1,252		57,367
Annie’s, Inc.*(a)		5,805		239,805
B&G Foods, Inc.		22,381		779,754
Boulder Brands, Inc.*(a)		25,083		323,821
Calavo Growers, Inc.		5,189		140,933
Cal-Maine Foods, Inc.		6,319		320,247
Chiquita Brands International, Inc.*		19,654		237,420
Darling International, Inc.*		49,955		1,014,086
Diamond Foods, Inc.*(a)		9,479		193,277
Dole Food Co., Inc.*		21,789		281,078
Farmer Bros. Co.*		2,574		41,004
Fresh Del Monte Produce, Inc.		16,082		451,743
Griffin Land & Nurseries, Inc.		1,108		35,257
Hain Celestial Group, Inc. (The)*		16,257		1,186,111
Inventure Foods, Inc.*		5,858		51,960
J&J Snack Foods Corp.		6,352		506,127
John B. Sanfilippo & Son, Inc.		3,545		76,501
Lancaster Colony Corp.		7,864		652,948
Lifeway Foods, Inc.		1,985		35,095
Limoneira Co.		4,306		96,627
Omega Protein Corp.*		8,387		70,199
Pilgrim’s Pride Corp.*		25,794		428,696
Post Holdings, Inc.*		13,876		643,708
Sanderson Farms, Inc.		9,788		691,424
Seaboard Corp.		125		352,500
Seneca Foods Corp., Class A*		3,489		122,638
Snyders-Lance, Inc.		20,166		638,254
Tootsie Roll Industries, Inc.		8,352		282,799
TreeHouse Foods, Inc.*		15,326		1,087,993

				11,039,372


Gas Utilities 0.9%
Chesapeake Utilities Corp.		4,097		242,829
Delta Natural Gas Co., Inc.		3,017		68,697
Laclede Group, Inc. (The)		13,851		635,207
New Jersey Resources Corp.		17,747		794,356
Northwest Natural Gas Co.		11,439		502,630
Piedmont Natural Gas Co., Inc.		32,099		1,109,020
South Jersey Industries, Inc.		13,587		830,166
Southwest Gas Corp.		19,686		977,213
WGL Holdings, Inc.		21,971		1,010,007

				6,170,125


Health Care Equipment & Supplies 3.2%
Abaxis, Inc.		9,408		396,077
ABIOMED, Inc.*(a)		16,455		412,691
Accuray, Inc.*(a)		31,491		195,559
Align Technology, Inc.*		30,991		1,333,853
Alphatec Holdings, Inc.*		26,112		60,058
Analogic Corp.		5,210		371,942
AngioDynamics, Inc.*		10,372		123,945
Anika Therapeutics, Inc.*		5,078		102,119
Antares Pharma, Inc.*(a)		47,893		211,687
ArthroCare Corp.*		11,999		435,084
AtriCure, Inc.*		8,852		85,510
Atrion Corp.		668		161,088
Biolase, Inc.*(a)		13,391		48,877
Cantel Medical Corp.		13,923		369,516
Cardiovascular Systems, Inc.*		8,884		182,922
Cerus Corp.*(a)		29,702		166,331
CONMED Corp.		11,811		387,401
CryoLife, Inc.		11,806		83,586
Cutera, Inc.*		6,150		58,733
Cyberonics, Inc.*		11,759		611,350
Cynosure, Inc., Class A*		8,004		227,954
Derma Sciences, Inc.*(a)		5,782		82,162
DexCom, Inc.*		30,069		654,903
Endologix, Inc.*		26,672		416,883
Exactech, Inc.*		3,840		82,906
GenMark Diagnostics, Inc.*		12,313		116,974
Globus Medical, Inc., Class A*(a)		23,171		388,346

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund



Common Stocks (continued)

	Shares		Market Value
Health Care Equipment & Supplies (continued)
Greatbatch, Inc.*		10,180	$	384,804
Haemonetics Corp.*		21,607		912,248
HeartWare International, Inc.*		6,920		639,546
ICU Medical, Inc.*		5,488		393,435
Insulet Corp.*		22,632		721,734
Integra LifeSciences Holdings Corp.*		8,515		335,406
Invacare Corp.		13,633		212,811
MAKO Surgical Corp.*(a)		17,867		250,853
Masimo Corp.		20,733		482,872
Medical Action Industries, Inc.*		6,062		55,710
Meridian Bioscience, Inc.(a)		17,662		436,781
Merit Medical Systems, Inc.*		18,129		238,215
Natus Medical, Inc.*		12,895		164,927
Navidea Biopharmaceuticals, Inc.*(a)		50,783		154,380
Neogen Corp.*		10,172		574,515
NuVasive, Inc.*		18,781		428,582
NxStage Medical, Inc.*		25,368		328,769
OraSure Technologies, Inc.*		23,585		104,482
Orthofix International NV*		8,317		188,879
PhotoMedex, Inc.*(a)		5,916		94,183
Quidel Corp.*(a)		11,968		320,383
Rochester Medical Corp.*		4,695		69,392
Rockwell Medical, Inc.*(a)		16,871		85,199
RTI Surgical, Inc.*		24,146		94,652
Solta Medical, Inc.*		29,463		79,845
Spectranetics Corp.*		17,199		309,926
Staar Surgical Co.*		15,716		165,175
STERIS Corp.		24,961		1,123,744
SurModics, Inc.*		6,133		124,132
Symmetry Medical, Inc.*		15,735		137,052
TearLab Corp.*(a)		10,849		153,513
Thoratec Corp.*		24,345		798,273
Tornier NV*		10,990		180,236
Unilife Corp.*(a)		38,887		109,661
Utah Medical Products, Inc.		1,442		80,492
Vascular Solutions, Inc.*		6,977		112,748
Volcano Corp.*		23,164		462,585
West Pharmaceutical Services, Inc.		14,637		1,079,625
Wright Medical Group, Inc.*		17,194		471,459
ZELTIQ Aesthetics, Inc.*		7,589		45,838

				20,875,519


Health Care Providers & Services 2.6%
Acadia Healthcare Co., Inc.*		15,056		555,115
Accretive Health, Inc.*(a)		25,080		250,298
Addus HomeCare Corp.*		2,303		45,231
Air Methods Corp.(a)		16,541		555,612
Alliance HealthCare Services, Inc.*		2,081		40,580
Almost Family, Inc.		3,584		68,562
Amedisys, Inc.*		13,223		165,420
AMN Healthcare Services, Inc.*		19,531		288,668
Amsurg Corp.*		13,601		531,935
Bio-Reference Labs, Inc.*(a)		10,413		278,548
BioScrip, Inc.*		24,777		402,626
Capital Senior Living Corp.*		12,153		280,005
Centene Corp.*		23,130		1,283,021
Chemed Corp.(a)		8,024		566,414
Chindex International, Inc.*		4,928		84,367
CorVel Corp.*		4,776		161,859
Cross Country Healthcare, Inc.*		11,760		66,326
Emeritus Corp.*		17,129		397,222
Ensign Group, Inc. (The)		8,238		315,021
ExamWorks Group, Inc.*		12,805		310,905
Five Star Quality Care, Inc.*		18,462		109,295
Gentiva Health Services, Inc.*		13,310		142,949
Hanger, Inc.*		14,755		544,755
HealthSouth Corp.*		36,895		1,201,301
Healthways, Inc.*		14,424		247,516
IPC The Hospitalist Co., Inc.*		7,134		359,340
Kindred Healthcare, Inc.*		23,050		354,048
Landauer, Inc.		4,041		199,100
LHC Group, Inc.*		5,169		118,577
Magellan Health Services, Inc.*		11,505		657,511
Molina Healthcare, Inc.*		12,056		447,519
MWI Veterinary Supply, Inc.*		5,442		773,689
National HealthCare Corp.		4,569		219,449
National Research Corp., Class B(a)		563		22,013
National Research Corp., Class A*		3,596		64,656
Owens & Minor, Inc.		26,701		960,168
PharMerica Corp.*		12,377		181,199
Providence Service Corp. (The)*		4,529		124,865
Select Medical Holdings Corp.		20,525		184,109
Skilled Healthcare Group, Inc., Class A*		8,576		55,916
Team Health Holdings, Inc.*		29,192		1,174,102
Triple-S Management Corp., Class B*		9,997		217,535
U.S. Physical Therapy, Inc.		5,115		146,391
Universal American Corp.		16,460		178,426
USMD Holdings, Inc.*(a)		425		13,090
Vanguard Health Systems, Inc.*		14,392		300,937
WellCare Health Plans, Inc.*		18,394		1,122,586

				16,768,777


Health Care Technology 0.9%
athenahealth, Inc.*(a)		15,574		1,743,509
Computer Programs & Systems, Inc.		4,723		263,260
Greenway Medical Technologies, Inc.*(a)		6,072		70,253
HealthStream, Inc.*		8,460		266,490
HMS Holdings Corp.*		37,097		897,376
MedAssets, Inc.*		25,888		563,582
Medidata Solutions, Inc.*		11,266		1,042,443
Merge Healthcare, Inc.*		27,737		125,649
Omnicell, Inc.*		14,590		307,849
Quality Systems, Inc.		16,980		388,333
Vocera Communications, Inc.*		8,931		129,321

				5,798,065


Hotels, Restaurants & Leisure 2.8%
AFC Enterprises, Inc.*		10,169		374,219
Ameristar Casinos, Inc.		14,075		372,565
Biglari Holdings, Inc.*		515		214,528
BJ’s Restaurants, Inc.*		10,488		373,792
Bloomin’ Brands, Inc.*		23,483		554,199
Bob Evans Farms, Inc.		11,852		602,319
Boyd Gaming Corp.*		24,158		321,543
Bravo Brio Restaurant Group, Inc.*		8,285		135,377
Buffalo Wild Wings, Inc.*		7,978		826,361

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund



Common Stocks (continued)

	Shares		Market Value
Hotels, Restaurants & Leisure (continued)
Caesars Entertainment Corp.*(a)		15,742	$	252,817
Carrols Restaurant Group, Inc.*		9,949		65,365
CEC Entertainment, Inc.		7,572		314,919
Cheesecake Factory, Inc. (The)		22,672		962,200
Churchill Downs, Inc.		5,834		473,779
Chuy’s Holdings, Inc.*		6,875		242,619
Cracker Barrel Old Country Store, Inc.		8,353		817,759
Del Frisco’s Restaurant Group, Inc.*		4,496		94,596
Denny’s Corp.*		39,187		222,974
DineEquity, Inc.		7,030		489,780
Diversified Restaurant Holdings, Inc.*		4,417		31,493
Einstein Noah Restaurant Group, Inc.		2,749		44,616
Fiesta Restaurant Group, Inc.*		8,428		265,903
Ignite Restaurant Group, Inc.*		2,961		47,406
International Speedway Corp., Class A		11,840		400,784
Interval Leisure Group, Inc.		16,757		360,443
Isle of Capri Casinos, Inc.*		8,883		70,531
Jack in the Box, Inc.*		18,915		758,302
Jamba, Inc.*		7,195		105,263
Krispy Kreme Doughnuts, Inc.*		27,850		585,407
Life Time Fitness, Inc.*		18,216		970,731
Luby’s, Inc.*		8,523		68,525
Marcus Corp.		7,962		103,108
Marriott Vacations Worldwide Corp.*		12,377		544,588
Monarch Casino & Resort, Inc.*		3,607		73,944
Morgans Hotel Group Co.*		11,301		81,254
Multimedia Games Holding Co., Inc.*		12,300		430,377
Nathan’s Famous, Inc.*		1,171		67,051
Orient-Express Hotels Ltd., Class A*		40,759		509,895
Papa John’s International, Inc.*		6,814		455,584
Pinnacle Entertainment, Inc.*		24,852		528,105
Red Robin Gourmet Burgers, Inc.*		6,028		342,873
Ruby Tuesday, Inc.*		25,955		189,991
Ruth’s Hospitality Group, Inc.		14,875		177,905
Scientific Games Corp., Class A*		20,379		277,766
SHFL Entertainment, Inc.*		23,871		543,065
Sonic Corp.*		23,931		367,819
Speedway Motorsports, Inc.		5,026		92,830
Texas Roadhouse, Inc.		26,550		648,882
Town Sports International Holdings, Inc.		10,026		126,528
Vail Resorts, Inc.		15,170		1,016,087
WMS Industries, Inc.*		23,297		599,898

				18,598,665


Household Durables 1.1%
American Greetings Corp., Class A		13,581		258,582
Bassett Furniture Industries, Inc.		4,660		74,234
Beazer Homes USA, Inc.*(a)		10,598		182,180
Blyth, Inc.(a)		3,890		54,499
Cavco Industries, Inc.*		2,949		161,576
CSS Industries, Inc.		3,573		95,149
Ethan Allen Interiors, Inc.(a)		10,555		320,555
EveryWare Global, Inc.*(a)		4,158		55,052
Flexsteel Industries, Inc.		1,995		49,656
Helen of Troy Ltd.*		13,556		575,859
Hooker Furniture Corp.		4,568		76,788
Hovnanian Enterprises, Inc., Class A*(a)		47,851		256,003
iRobot Corp.*		11,941		417,457
KB Home(a)		35,573		631,421
La-Z-Boy, Inc.		22,285		461,968
Libbey, Inc.*		8,989		221,669
Lifetime Brands, Inc.		4,326		64,803
M.D.C. Holdings, Inc.		16,461		520,826
M/I Homes, Inc.*		10,309		219,169
Meritage Homes Corp.*		15,371		695,691
NACCO Industries, Inc., Class A		2,123		130,204
Ryland Group, Inc. (The)		19,623		793,554
Skullcandy, Inc.*(a)		7,261		40,081
Standard Pacific Corp.*		63,022		515,520
TRI Pointe Homes, Inc.*		6,336		95,610
Universal Electronics, Inc.*		6,389		196,973
William Lyon Homes, Class A*(a)		5,830		131,816
Zagg, Inc.*(a)		13,011		58,940

				7,355,835


Household Products 0.2%
Central Garden and Pet Co., Class A*		17,707		133,511
Harbinger Group, Inc.*		14,129		112,467
Oil-Dri Corp. of America		2,063		65,727
Orchids Paper Products Co.		2,555		69,291
Spectrum Brands Holdings, Inc.		9,142		515,792
WD-40 Co.		6,573		378,013

				1,274,801


Independent Power Producers & Energy Traders 0.2%
Atlantic Power Corp.(a)		51,030		217,388
Dynegy, Inc.*		42,407		883,762
Genie Energy Ltd., Class B*		5,399		55,663
Ormat Technologies, Inc.		7,534		173,508

				1,330,321


Industrial Conglomerates 0.1%
Raven Industries, Inc.		15,463		474,096


Information Technology Services 2.0%
Acxiom Corp.*		31,256		805,467
Blackhawk Network Holdings, Inc.*		4,842		118,145
CACI International, Inc., Class A*		9,807		651,185
Cardtronics, Inc.*		18,948		558,208
Cass Information Systems, Inc.		4,387		242,206
CIBER, Inc.*		31,835		115,879
Computer Task Group, Inc.		6,643		123,560
Convergys Corp.		44,681		845,811
CSG Systems International, Inc.		14,428		341,655
EPAM Systems, Inc.*		9,271		268,395
Euronet Worldwide, Inc.*		21,098		776,617
EVERTEC, Inc.*		12,517		299,156
ExlService Holdings, Inc.*		13,834		387,352
Forrester Research, Inc.		5,341		187,362
Global Cash Access Holdings, Inc.*		27,795		194,287
Hackett Group, Inc. (The)		11,037		61,366
Heartland Payment Systems, Inc.(a)		15,452		576,514
Higher One Holdings, Inc.*		13,284		143,467
iGATE Corp.*		14,779		344,499
Lionbridge Technologies, Inc.*		24,432		80,870
ManTech International Corp., Class A(a)		10,144		299,654
MAXIMUS, Inc.		28,939		1,088,396
ModusLink Global Solutions, Inc.*		15,515		48,252
MoneyGram International, Inc.*		9,130		198,212
Planet Payment, Inc.*		17,835		53,683
PRGX Global, Inc.*		12,056		74,747

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund



Common Stocks (continued)

	Shares		Market Value
Information Technology Services (continued)
Sapient Corp.*		46,973	$	644,000
ServiceSource International, Inc.*		25,916		276,524
Sykes Enterprises, Inc.*		16,707		293,375
Syntel, Inc.		6,559		470,805
TeleTech Holdings, Inc.*		8,476		212,324
Unisys Corp.*		18,787		487,335
Virtusa Corp.*		8,666		223,410
WEX, Inc.*		16,437		1,429,033

				12,921,751


Insurance 2.4%
Ambac Financial Group, Inc.*		19,090		478,014
American Equity Investment Life Holding Co.		27,270		496,314
American Safety Insurance Holdings Ltd.*		4,053		121,428
AMERISAFE, Inc.		7,839		280,087
Amtrust Financial Services, Inc.(a)		11,966		498,145
Argo Group International Holdings Ltd.		11,569		516,556
Baldwin & Lyons, Inc., Class B		3,942		105,291
Citizens, Inc.*(a)		18,346		130,990
CNO Financial Group, Inc.		94,182		1,344,919
Crawford & Co., Class B		11,056		86,900
Donegal Group, Inc., Class A		3,204		44,055
Eastern Insurance Holdings, Inc.		2,739		53,493
eHealth, Inc.*		8,294		254,958
EMC Insurance Group, Inc.		1,916		55,564
Employers Holdings, Inc.		13,191		346,791
Enstar Group Ltd.*		4,039		580,324
FBL Financial Group, Inc., Class A		3,794		167,809
First American Financial Corp.		45,775		1,040,466
Fortegra Financial Corp.*		3,074		20,749
Global Indemnity PLC*		4,024		104,544
Greenlight Capital Re Ltd., Class A*		12,009		317,518
Hallmark Financial Services, Inc.*		5,990		58,522
HCI Group, Inc.		3,947		144,065
Health Insurance Innovations, Inc., Class A*		1,793		21,749
Hilltop Holdings, Inc.*		26,338		448,536
Horace Mann Educators Corp.		16,718		473,788
Independence Holding Co.		3,442		48,291
Infinity Property & Casualty Corp.		4,910		319,199
Investors Title Co.		538		40,119
Kansas City Life Insurance Co.		1,703		74,949
Maiden Holdings Ltd.		21,285		258,826
Meadowbrook Insurance Group, Inc.		21,296		161,637
Montpelier Re Holdings Ltd.		19,695		531,962
National Interstate Corp.		2,836		77,281
National Western Life Insurance Co., Class A		931		199,187
Navigators Group, Inc. (The)*		4,343		251,720
OneBeacon Insurance Group Ltd., Class A		9,639		139,765
Phoenix Cos., Inc. (The)*		2,435		103,901
Platinum Underwriters Holdings Ltd.		12,370		718,573
Primerica, Inc.		24,206		993,414
RLI Corp.		9,054		747,317
Safety Insurance Group, Inc.		5,491		295,251
Selective Insurance Group, Inc.		23,628		577,705
State Auto Financial Corp.		6,446		130,854
Stewart Information Services Corp.		9,020		278,989
Symetra Financial Corp.		34,555		621,299
Tower Group International Ltd.		24,344		532,403
United Fire Group, Inc.		8,754		227,692
Universal Insurance Holdings, Inc.		12,408		97,527

				15,619,436


Internet & Catalog Retail 0.4%
1-800-FLOWERS.COM, Inc., Class A*		11,029		72,571
Blue Nile, Inc.*		5,276		204,867
HSN, Inc.		14,287		858,077
Nutrisystem, Inc.		12,219		152,860
Orbitz Worldwide, Inc.*(a)		10,034		92,413
Overstock.com, Inc.*(a)		4,772		162,296
PetMed Express, Inc.(a)		8,593		143,933
Shutterfly, Inc.*		16,090		862,263
ValueVision Media, Inc., Class A*		16,607		98,479
Vitacost.com, Inc.*		9,434		84,151

				2,731,910


Internet Software & Services 2.8%
Active Network, Inc. (The)*		22,865		195,038
Angie’s List, Inc.*(a)		17,969		395,677
Bankrate, Inc.*		19,684		352,934
Bazaarvoice, Inc.*(a)		20,340		213,163
Blucora, Inc.*		17,371		347,420
Brightcove, Inc.*		11,889		121,506
Carbonite, Inc.*		5,111		67,414
ChannelAdvisor Corp.*		2,529		49,670
comScore, Inc.*		15,199		440,163
Constant Contact, Inc.*		13,077		250,948
Cornerstone OnDemand, Inc.*		17,165		755,947
CoStar Group, Inc.*		12,103		1,894,725
Dealertrack Technologies, Inc.*		18,465		690,591
Demand Media, Inc.*(a)		15,237		99,650
Demandware, Inc.*		6,826		303,211
Dice Holdings, Inc.*		17,322		150,182
Digital River, Inc.*		15,031		255,377
E2open, Inc.*(a)		6,212		123,495
EarthLink, Inc.		43,907		275,297
eGain Corp.*		5,481		63,086
Envestnet, Inc.*		9,590		238,695
Global Eagle Entertainment, Inc.*		9,049		102,344
Internap Network Services Corp.*		22,777		185,632
IntraLinks Holdings, Inc.*		16,419		155,980
j2 Global, Inc.(a)		19,516		893,247
Keynote Systems, Inc.		6,890		137,318
Limelight Networks, Inc.*		21,276		51,062
Liquidity Services, Inc.*(a)		10,559		300,931
LivePerson, Inc.*		23,461		216,780
LogMeIn, Inc.*		10,327		306,918
Marchex, Inc., Class B		9,567		58,359
Marin Software, Inc.*(a)		3,880		44,853
Market Leader, Inc.*		10,201		119,454
Marketo, Inc.*		2,950		92,718
Millennial Media, Inc.*(a)		14,959		148,244
Monster Worldwide, Inc.*		49,600		283,712
Move, Inc.*		16,941		235,310
Net Element International, Inc.*(a)		816		4,929
NIC, Inc.		27,616		508,687
OpenTable, Inc.*(a)		9,696		617,441
Perficient, Inc.*		14,294		195,113
QuinStreet, Inc.*		13,400		124,754
RealNetworks, Inc.*		9,500		74,765
Reis, Inc.*		3,444		63,370

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund



Common Stocks (continued)

	Shares		Market Value
Internet Software & Services (continued)
Responsys, Inc.*		15,644	$	226,682
SciQuest, Inc.*		9,659		238,191
Shutterstock, Inc.*		3,144		167,104
Spark Networks, Inc.*(a)		7,412		61,371
SPS Commerce, Inc.*		6,375		411,379
Stamps.com, Inc.*		5,569		221,980
Support.com, Inc.*		21,039		106,247
TechTarget, Inc.*		6,207		33,456
Travelzoo, Inc.*		3,365		96,474
Trulia, Inc.*(a)		10,186		379,530
United Online, Inc.		39,283		318,978
Unwired Planet, Inc.*		36,328		73,746
ValueClick, Inc.*		32,255		788,312
VistaPrint NV*(a)		13,818		704,442
Vocus, Inc.*		8,024		82,005
Web.com Group, Inc.*		17,822		463,016
WebMD Health Corp.*		14,827		489,439
XO Group, Inc.*		11,340		135,626
Xoom Corp.*		3,143		103,122
Yelp, Inc.*(a)		12,651		528,812
Zillow, Inc., Class A*(a)		8,852		653,986
Zix Corp.*		26,231		118,039

				18,608,047


Leisure Equipment & Products 0.5%
Arctic Cat, Inc.		5,600		308,224
Black Diamond, Inc.*(a)		9,383		97,020
Brunswick Corp.		38,355		1,447,901
Callaway Golf Co.		30,094		216,075
JAKKS Pacific, Inc.(a)		8,221		49,408
Johnson Outdoors, Inc., Class A*		2,143		54,582
LeapFrog Enterprises, Inc.*(a)		27,054		311,662
Marine Products Corp.		4,265		38,556
Nautilus, Inc.*		13,137		115,343
Smith & Wesson Holding Corp.*(a)		27,350		323,824
Steinway Musical Instruments, Inc.*		2,962		107,669
Sturm Ruger & Co., Inc.		8,237		419,016

				3,489,280


Life Sciences Tools & Services 0.4%
Accelerate Diagnostics, Inc.*(a)		4,351		36,461
Affymetrix, Inc.*		29,995		113,981
Albany Molecular Research, Inc.*		9,839		125,054
Cambrex Corp.*		12,749		186,773
Fluidigm Corp.*		10,826		192,270
Furiex Pharmaceuticals, Inc.*		2,848		125,284
Harvard Bioscience, Inc.*		10,743		57,475
Luminex Corp.*		15,910		316,768
NeoGenomics, Inc.*(a)		13,650		38,766
Pacific Biosciences of California, Inc.*		19,514		50,541
PAREXEL International Corp.*		24,090		1,191,250
Sequenom, Inc.*(a)		48,921		146,763

				2,581,386


Machinery 3.2%
Accuride Corp.*		17,158		98,144
Actuant Corp., Class A		30,925		1,091,962
Alamo Group, Inc.		3,014		125,593
Albany International Corp., Class A		11,878		409,910
Altra Holdings, Inc.		11,498		286,760
American Railcar Industries, Inc.(a)		4,022		144,510
Ampco-Pittsburgh Corp.		3,615		69,553
Astec Industries, Inc.		8,665		303,275
Barnes Group, Inc.		22,859		754,347
Blount International, Inc.*		20,965		276,319
Briggs & Stratton Corp.		20,500		415,125
Chart Industries, Inc.*		12,846		1,460,590
CIRCOR International, Inc.		7,473		392,482
CLARCOR, Inc.		21,114		1,160,848
Columbus McKinnon Corp.*		8,319		184,016
Commercial Vehicle Group, Inc.*		10,073		72,929
Douglas Dynamics, Inc.		9,392		134,963
Dynamic Materials Corp.		5,825		112,947
Energy Recovery, Inc.*		19,246		84,105
EnPro Industries, Inc.*		8,867		503,912
ESCO Technologies, Inc.		11,244		389,380
ExOne Co. (The)*(a)		2,566		156,577
Federal Signal Corp.*		26,632		258,330
Flow International Corp.*		20,501		79,134
FreightCar America, Inc.		5,190		94,510
Global Brass & Copper Holdings, Inc.*		3,367		62,727
Gorman-Rupp Co. (The)		6,422		223,036
Graham Corp.		4,149		135,631
Greenbrier Cos., Inc. (The)*		10,373		237,230
Hardinge, Inc.		4,939		78,135
Hurco Cos., Inc.		2,748		78,318
Hyster-Yale Materials Handling, Inc.		4,484		291,505
John Bean Technologies Corp.		12,334		292,439
Kadant, Inc.		4,776		156,366
Kaydon Corp.		13,717		398,890
LB Foster Co., Class A		4,294		199,585
Lindsay Corp.		5,470		410,797
Lydall, Inc.*		7,241		112,670
Manitex International, Inc.*		5,134		59,246
Meritor, Inc.*		41,475		337,192
Met-Pro Corp.		6,280		85,722
Middleby Corp.*		7,969		1,425,973
Miller Industries, Inc.		4,710		78,139
Mueller Industries, Inc.		11,927		654,673
Mueller Water Products, Inc., Class A		67,243		520,461
NN, Inc.		7,224		88,855
Omega Flex, Inc.		1,161		20,910
PMFG, Inc.*		8,389		63,756
Proto Labs, Inc.*(a)		7,250		490,607
RBC Bearings, Inc.*		9,751		534,940
Rexnord Corp.*		12,844		243,651
Standex International Corp.		5,404		318,998
Sun Hydraulics Corp.		9,136		287,327
Tecumseh Products Co., Class A*		7,688		88,258
Tennant Co.		7,835		404,286
Titan International, Inc.		22,786		392,831
Trimas Corp.*		16,864		624,474
Twin Disc, Inc.		3,526		88,079
Wabash National Corp.*		29,172		313,016

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund



Common Stocks (continued)

	Shares		Market Value
Machinery (continued)
Watts Water Technologies, Inc., Class A		12,125	$	633,895
Woodward, Inc.		29,043		1,188,440
Xerium Technologies, Inc.*		4,597		56,911

				20,738,190


Marine 0.1%
International Shipholding Corp.		2,425		66,300
Matson, Inc.		18,064		511,572
Ultrapetrol (Bahamas) Ltd.*		8,714		26,752

				604,624


Media 1.4%
AH Belo Corp., Class A		7,812		58,590
Arbitron, Inc.		11,420		524,863
Beasley Broadcasting Group, Inc., Class A		1,892		15,193
Belo Corp., Class A		44,116		629,094
Carmike Cinemas, Inc.*		7,572		138,719
Central European Media Enterprises Ltd., Class A*		32,378		108,790
Crown Media Holdings, Inc., Class A*		15,448		45,881
Cumulus Media, Inc., Class A*(a)		31,908		136,566
Daily Journal Corp.*(a)		388		51,837
Dex Media, Inc.*(a)		7,271		108,338
Digital Generation, Inc.*(a)		10,346		80,181
E.W. Scripps Co. (The), Class A*		13,345		221,660
Entercom Communications Corp., Class A*		10,244		100,494
Entravision Communications Corp., Class A		23,458		133,476
Fisher Communications, Inc.		3,770		154,457
Global Sources Ltd.*		7,973		57,725
Gray Television, Inc.*		21,335		166,626
Harte-Hanks, Inc.		18,351		175,436
Hemisphere Media Group, Inc.*		3,585		49,330
Journal Communications, Inc., Class A*		18,688		171,182
Live Nation Entertainment, Inc.*		59,634		976,805
Loral Space & Communications, Inc.		5,532		345,695
Martha Stewart Living Omnimedia, Class A*		12,423		31,182
McClatchy Co. (The), Class A*(a)		26,035		80,969
MDC Partners, Inc., Class A		10,777		265,222
Media General, Inc., Class A*(a)		8,278		90,975
Meredith Corp.		15,193		721,971
National CineMedia, Inc.		24,021		435,020
New York Times Co. (The), Class A*		54,519		664,041
Nexstar Broadcasting Group, Inc., Class A		12,482		449,851
ReachLocal, Inc.*		4,370		56,417
Reading International, Inc., Class A*		7,350		45,643
Rentrak Corp.*		4,414		94,813
Saga Communications, Inc., Class A		2,041		105,826
Salem Communications Corp., Class A		4,504		34,095
Scholastic Corp.		11,225		342,362
Sinclair Broadcast Group, Inc., Class A		28,984		817,639
Valassis Communications, Inc.(a)		16,528		473,197
World Wrestling Entertainment, Inc., Class A		12,134		129,106

				9,289,267


Metals & Mining 1.3%
AK Steel Holding Corp.*(a)		58,131		197,645
Allied Nevada Gold Corp.*		44,102		294,160
AM Castle & Co.*		7,486		127,412
AMCOL International Corp.		11,787		413,488
Century Aluminum Co.*		21,917		183,884
Coeur Mining, Inc.*		43,176		578,990
Commercial Metals Co.		49,566		767,777
General Moly, Inc.*		24,854		46,726
Globe Specialty Metals, Inc.		27,337		326,130
Gold Resource Corp.(a)		14,041		111,486
Handy & Harman Ltd.*		2,202		43,071
Haynes International, Inc.		5,253		252,669
Hecla Mining Co.		141,406		456,741
Horsehead Holding Corp.*		18,809		230,410
Kaiser Aluminum Corp.		8,042		524,741
Materion Corp.		8,751		263,755
Midway Gold Corp.*(a)		48,686		50,633
Molycorp, Inc.*(a)		52,665		392,881
Noranda Aluminum Holding Corp.		12,987		40,390
Olympic Steel, Inc.		3,691		102,794
Paramount Gold and Silver Corp.*(a)		59,527		84,528
RTI International Metals, Inc.*		13,286		407,216
Schnitzer Steel Industries, Inc., Class A		10,902		279,745
Stillwater Mining Co.*		50,116		606,404
SunCoke Energy, Inc.*		29,795		470,761
U.S. Silica Holdings, Inc.(a)		9,118		220,656
Universal Stainless & Alloy Products, Inc.*		2,976		76,781
Walter Energy, Inc.(a)		26,582		297,453
Worthington Industries, Inc.		22,334		798,887

				8,648,214


Multiline Retail 0.2%
Bon-Ton Stores, Inc. (The)		5,761		108,652
Fred’s, Inc., Class A		15,624		268,733
Gordmans Stores, Inc.*		3,802		53,190
Saks, Inc.*(a)		44,179		707,748
Tuesday Morning Corp.*		18,023		202,218

				1,340,541


Multi-Utilities 0.4%
Avista Corp.		25,451		732,480
Black Hills Corp.		18,848		999,886
NorthWestern Corp.		16,061		677,774

				2,410,140


Oil, Gas & Consumable Fuels 3.5%
Abraxas Petroleum Corp.*		35,216		85,927
Adams Resources & Energy, Inc.		898		60,049
Alon USA Energy, Inc.		9,868		134,797
Alpha Natural Resources, Inc.*		93,809		510,321
Amyris, Inc.*(a)		11,396		31,339
Apco Oil and Gas International, Inc.*		3,850		65,681
Approach Resources, Inc.*(a)		14,804		392,158
Arch Coal, Inc.(a)		90,394		352,537
Berry Petroleum Co., Class A		22,310		904,670
Bill Barrett Corp.*(a)		20,747		465,148
Bonanza Creek Energy, Inc.*		12,504		509,413
BPZ Resources, Inc.*		49,996		120,490
Callon Petroleum Co.*		16,661		66,644
Carrizo Oil & Gas, Inc.*		17,088		541,177

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund



Common Stocks (continued)

	Shares		Market Value
Oil, Gas & Consumable Fuels (continued)
Clayton Williams Energy, Inc.*		2,487	$	141,585
Clean Energy Fuels Corp.*(a)		28,990		374,261
Cloud Peak Energy, Inc.*		25,897		415,129
Comstock Resources, Inc.		20,569		344,942
Contango Oil & Gas Co.		5,549		214,524
Crimson Exploration, Inc.*		9,753		31,307
Crosstex Energy, Inc.		20,229		406,401
Delek US Holdings, Inc.		15,780		477,345
Diamondback Energy, Inc.*		7,577		289,290
Emerald Oil, Inc.*		15,489		111,521
Endeavour International Corp.*(a)		19,681		83,841
Energy XXI (Bermuda) Ltd.		33,598		902,106
EPL Oil & Gas, Inc.*		12,706		408,625
Equal Energy Ltd.(a)		14,749		61,946
Evolution Petroleum Corp.*		7,084		87,629
EXCO Resources, Inc.		57,627		499,626
Forest Oil Corp.*(a)		50,666		259,410
Frontline Ltd.*(a)		21,360		55,963
FX Energy, Inc.*(a)		22,904		83,829
GasLog Ltd.		10,814		150,315
Gastar Exploration Ltd.*		23,315		76,939
Goodrich Petroleum Corp.*(a)		11,136		211,807
Green Plains Renewable Energy, Inc.*		10,638		176,165
Halcon Resources Corp.*(a)		87,947		481,950
Hallador Energy Co.		3,537		27,872
Isramco, Inc.*(a)		411		45,235
KiOR, Inc., Class A*(a)		18,421		88,605
Knightsbridge Tankers Ltd.(a)		10,416		79,787
Kodiak Oil & Gas Corp.*		112,579		1,093,142
L&L Energy, Inc.*		12,622		39,507
Magnum Hunter Resources Corp.*(a)		73,079		279,893
Matador Resources Co.*		20,953		274,484
Midstates Petroleum Co., Inc.*		14,010		84,060
Miller Energy Resources, Inc.*(a)		13,267		66,202
Nordic American Tankers Ltd.(a)		28,009		265,525
Northern Oil and Gas, Inc.*		27,157		358,744
Panhandle Oil and Gas, Inc., Class A		2,997		89,191
PDC Energy, Inc.*		12,910		711,986
Penn Virginia Corp.*		23,173		116,792
Petrocorp, Inc.*(b)		1,500		0
PetroQuest Energy, Inc.*		23,776		106,992
Quicksilver Resources, Inc.*(a)		52,992		76,838
Renewable Energy Group, Inc.*		8,974		139,815
Rentech, Inc.		94,146		201,472
Resolute Energy Corp.*		28,719		240,378
REX American Resources Corp.*		2,301		83,733
Rex Energy Corp.*		19,215		368,736
Rosetta Resources, Inc.*		25,898		1,181,208
Sanchez Energy Corp.*(a)		12,060		285,219
Scorpio Tankers, Inc.		68,991		686,460
SemGroup Corp., Class A		17,810		1,005,196
Ship Finance International Ltd.(a)		23,306		374,994
Solazyme, Inc.*(a)		20,311		228,905
Stone Energy Corp.*		21,262		517,942
Swift Energy Co.*(a)		18,460		235,180
Synergy Resources Corp.*		21,415		165,966
Targa Resources Corp.		13,980		953,017
Teekay Tankers Ltd., Class A		26,729		75,376
Triangle Petroleum Corp.*		19,370		137,527
Uranium Energy Corp.*(a)		36,514		84,347
Ur-Energy, Inc.*(a)		50,885		59,535
VAALCO Energy, Inc.*		24,703		153,159
W&T Offshore, Inc.		14,805		241,173
Warren Resources, Inc.*		31,078		89,194
Western Refining, Inc.(a)		22,943		691,273
Westmoreland Coal Co.*		4,866		62,139
ZaZa Energy Corp.*(a)		15,362		19,049

				22,672,655


Paper & Forest Products 0.8%
Boise Cascade Co.*		5,725		151,484
Buckeye Technologies, Inc.		16,455		612,455
Clearwater Paper Corp.*		9,423		460,973
Deltic Timber Corp.		4,714		284,396
KapStone Paper and Packaging Corp.		17,345		764,047
Louisiana-Pacific Corp.*		59,244		963,307
Neenah Paper, Inc.		6,812		269,551
P.H. Glatfelter Co.		18,200		481,754
Resolute Forest Products, Inc.*(a)		29,616		451,940
Schweitzer-Mauduit International, Inc.		13,315		720,874
Wausau Paper Corp.		20,841		237,379

				5,398,160


Personal Products 0.4%
Elizabeth Arden, Inc.*		10,892		447,226
Female Health Co. (The)		9,167		84,153
Inter Parfums, Inc.		6,973		229,970
Lifevantage Corp.*(a)		47,855		124,902
Medifast, Inc.*		5,869		160,459
Nature’s Sunshine Products, Inc.		4,662		84,848
Nutraceutical International Corp.		3,670		81,547
Prestige Brands Holdings, Inc.*		21,666		734,694
Revlon, Inc., Class A*		4,769		119,654
Star Scientific, Inc.*(a)		70,523		129,762
Synutra International, Inc.*(a)		7,744		38,178
USANA Health Sciences, Inc.*(a)		2,549		210,598

				2,445,991


Pharmaceuticals 1.4%
AcelRx Pharmaceuticals, Inc.*(a)		9,863		114,904
Akorn, Inc.*		24,676		350,153
Alimera Sciences, Inc.*(a)		7,132		32,950
Ampio Pharmaceuticals, Inc.*(a)		11,570		64,329
Auxilium Pharmaceuticals, Inc.*		20,975		385,101
AVANIR Pharmaceuticals, Inc., Class A*		61,471		289,528
BioDelivery Sciences International, Inc.*(a)		12,657		54,678
Cadence Pharmaceuticals, Inc.*		26,354		196,864
Cempra, Inc.*		6,149		53,865
Corcept Therapeutics, Inc.*		22,976		48,479
Cornerstone Therapeutics, Inc.*		3,832		34,182
Depomed, Inc.*		23,691		154,465
Endocyte, Inc.*		12,967		233,017
Hi-Tech Pharmacal Co., Inc.		4,690		168,559
Horizon Pharma, Inc.*		21,725		54,747
Impax Laboratories, Inc.*		28,956		600,547
Lannett Co., Inc.*		6,882		95,591
Medicines Co. (The)*		23,816		735,914
Nektar Therapeutics*		49,161		551,095
Omeros Corp.*(a)		12,791		68,688
Optimer Pharmaceuticals, Inc.*(a)		20,632		258,106
Pacira Pharmaceuticals, Inc.*(a)		11,712		397,388
Pernix Therapeutics Holdings, Inc.*		7,190		24,446
Pozen, Inc.*		11,822		67,977

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund



Common Stocks (continued)

	Shares		Market Value
Pharmaceuticals (continued)
Questcor Pharmaceuticals, Inc.(a)		21,999	$	1,469,973
Repros Therapeutics, Inc.*		9,671		199,513
Sagent Pharmaceuticals, Inc.*		7,023		152,610
Santarus, Inc.*		23,594		573,806
SciClone Pharmaceuticals, Inc.*		23,114		144,694
Sucampo Pharmaceuticals, Inc., Class A*		5,753		35,266
Supernus Pharmaceuticals, Inc.*(a)		6,293		43,107
TherapeuticsMD, Inc.*(a)		32,925		76,057
ViroPharma, Inc.*		27,658		949,223
Vivus, Inc.*(a)		42,827		634,268
XenoPort, Inc.*		18,698		100,782
Zogenix, Inc.*(a)		30,237		46,867

				9,461,739


Professional Services 1.3%
Acacia Research Corp.		20,928		477,577
Advisory Board Co. (The)*		15,085		885,339
Barrett Business Services, Inc.		2,999		210,710
CBIZ, Inc.*		15,451		112,174
CDI Corp.		5,956		93,688
Corporate Executive Board Co. (The)		14,230		959,529
CRA International, Inc.*		4,345		83,163
Exponent, Inc.		5,612		371,066
Franklin Covey Co.*		3,957		63,866
FTI Consulting, Inc.*		17,144		638,785
GP Strategies Corp.*		6,266		165,485
Heidrick & Struggles International, Inc.		7,626		117,288
Huron Consulting Group, Inc.*		9,894		504,000
ICF International, Inc.*		8,393		280,242
Insperity, Inc.		9,556		316,017
Kelly Services, Inc., Class A		11,446		223,998
Kforce, Inc.		11,533		192,370
Korn/Ferry International*		20,701		404,291
Mistras Group, Inc.*		6,858		115,283
National Technical Systems, Inc.*		2,816		44,915
Navigant Consulting, Inc.*		21,479		288,248
Odyssey Marine Exploration, Inc.*(a)		33,850		120,168
On Assignment, Inc.*		19,435		593,351
Pendrell Corp.*		68,823		165,175
Resources Connection, Inc.		17,376		231,101
RPX Corp.*		13,723		239,329
TrueBlue, Inc.*		17,320		462,444
VSE Corp.		1,747		75,610
WageWorks, Inc.*		10,600		357,962

				8,793,174


Real Estate Investment Trusts (REITs) 7.5%
Acadia Realty Trust		23,407		603,432
AG Mortgage Investment Trust, Inc.		11,753		213,199
Agree Realty Corp.		5,608		169,137
Alexander’s, Inc.		887		267,874
American Assets Trust, Inc.		14,244		461,506
American Capital Mortgage Investment Corp.		24,966		488,834
American Realty Capital Properties, Inc.		65,469		946,027
American Residential Properties, Inc.*		5,741		100,697
AmREIT, Inc.		8,112		148,368
Anworth Mortgage Asset Corp.		62,176		302,175
Apollo Commercial Real Estate Finance, Inc.		15,589		249,892
Apollo Residential Mortgage, Inc.		13,621		218,345
Ares Commercial Real Estate Corp.		8,660		113,792
Armada Hoffler Properties, Inc.		7,944		86,351
ARMOUR Residential REIT, Inc.		158,510		706,955
Ashford Hospitality Trust, Inc.		25,940		302,720
Associated Estates Realty Corp.		21,503		328,566
Aviv REIT, Inc.		4,861		121,039
Campus Crest Communities, Inc.		27,548		312,670
CapLease, Inc.		37,772		320,307
Capstead Mortgage Corp.		40,538		479,159
Cedar Realty Trust, Inc.		29,936		165,845
Chambers Street Properties		105,625		854,506
Chatham Lodging Trust		7,430		129,728
Chesapeake Lodging Trust		20,580		471,488
Colonial Properties Trust		37,584		909,909
Colony Financial, Inc.		27,388		555,429
Coresite Realty Corp.		8,839		300,172
Cousins Properties, Inc.		45,493		466,303
CubeSmart		56,500		915,300
CyrusOne, Inc.		8,199		166,850
CYS Investments, Inc.		73,949		613,777
DCT Industrial Trust, Inc.		123,489		927,402
DiamondRock Hospitality Co.		82,955		804,664
DuPont Fabros Technology, Inc.		26,576		608,856
Dynex Capital, Inc.		23,437		225,230
EastGroup Properties, Inc.		12,833		793,849
Education Realty Trust, Inc.		48,611		458,402
Ellington Residential Mortgage REIT		2,671		41,454
EPR Properties		19,959		1,005,534
Equity One, Inc.		25,506		590,209
Excel Trust, Inc.		20,283		263,273
FelCor Lodging Trust, Inc.*		52,981		320,005
First Industrial Realty Trust, Inc.		45,565		745,443
First Potomac Realty Trust		24,915		338,097
Franklin Street Properties Corp.		38,194		508,362
Geo Group, Inc. (The)		30,322		1,052,780
Getty Realty Corp.		10,979		226,058
Gladstone Commercial Corp.		5,831		108,515
Glimcher Realty Trust		61,413		690,282
Government Properties Income Trust		23,194		586,112
Gramercy Property Trust, Inc.*		25,213		119,762
Healthcare Realty Trust, Inc.		40,650		1,045,112
Hersha Hospitality Trust		85,909		504,286
Highwoods Properties, Inc.		34,912		1,266,607
Hudson Pacific Properties, Inc.		18,494		401,320
Inland Real Estate Corp.		36,137		371,850
Invesco Mortgage Capital, Inc.		57,392		942,951
Investors Real Estate Trust		42,639		368,401
iStar Financial, Inc.*		36,280		412,141
JAVELIN Mortgage Investment Corp.		5,705		76,390
Kite Realty Group Trust		38,681		223,189
LaSalle Hotel Properties		40,462		1,090,046
Lexington Realty Trust		71,709		899,231
LTC Properties, Inc.		14,717		569,106
Medical Properties Trust, Inc.		63,702		930,049
Monmouth Real Estate Investment Corp., Class A		18,036		176,392
MPG Office Trust, Inc.*		24,335		76,169
National Health Investors, Inc.		10,432		652,939
New Residential Investment Corp.		107,213		710,822
New York Mortgage Trust, Inc.		27,226		175,335
NorthStar Realty Finance Corp.		84,051		823,700
One Liberty Properties, Inc.		5,004		116,243
Parkway Properties, Inc.		18,469		323,208

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund



Common Stocks (continued)

	Shares		Market Value
Real Estate Investment Trusts (REITs) (continued)
Pebblebrook Hotel Trust		26,149	$	696,871
Pennsylvania Real Estate Investment Trust		28,825		596,678
PennyMac Mortgage Investment Trust		26,312		580,969
Potlatch Corp.		17,174		756,171
PS Business Parks, Inc.		7,730		566,377
RAIT Financial Trust		29,713		224,630
Ramco-Gershenson Properties Trust		25,477		394,639
Redwood Trust, Inc.		34,931		591,731
Resource Capital Corp.		54,077		359,071
Retail Opportunity Investments Corp.		28,343		388,299
RLJ Lodging Trust		52,522		1,272,083
Rouse Properties, Inc.		9,533		193,997
Ryman Hospitality Properties, Inc.(a)		18,763		698,922
Sabra Health Care REIT, Inc.		15,820		415,117
Saul Centers, Inc.		3,301		149,799
Select Income REIT		9,333		251,804
Silver Bay Realty Trust Corp.		6,568		105,679
Sovran Self Storage, Inc.		13,327		920,896
STAG Industrial, Inc.		17,764		368,248
Strategic Hotels & Resorts, Inc.*		77,207		684,054
Summit Hotel Properties, Inc.		27,885		282,196
Sun Communities, Inc.		15,222		737,049
Sunstone Hotel Investors, Inc.*		69,028		893,222
Terreno Realty Corp.		10,437		191,415
UMH Properties, Inc.		6,379		69,722
Universal Health Realty Income Trust		5,101		221,740
Urstadt Biddle Properties, Inc., Class A		10,721		226,428
Washington Real Estate Investment Trust		28,206		758,177
Western Asset Mortgage Capital Corp.		10,304		173,004
Whitestone REIT		7,187		116,286
Winthrop Realty Trust		12,419		158,591
ZAIS Financial Corp.		2,315		39,725

				49,143,718


Real Estate Management & Development 0.3%
Alexander & Baldwin, Inc.*		18,221		807,008
Altisource Residential Corp.*		10,543		202,109
AV Homes, Inc.*		4,071		65,747
Consolidated-Tomoka Land Co.		2,456		95,415
Forestar Group, Inc.*		14,761		318,985
Kennedy-Wilson Holdings, Inc.		22,267		380,766
Tejon Ranch Co.*		5,800		195,982
Thomas Properties Group, Inc.		13,051		73,869

				2,139,881


Road & Rail 0.5%
Arkansas Best Corp.		10,997		238,635
Celadon Group, Inc.		8,577		172,483
Heartland Express, Inc.		19,592		288,394
Knight Transportation, Inc.		24,980		423,911
Marten Transport Ltd.		9,945		170,656
Patriot Transportation Holding, Inc.*		2,827		97,390
Quality Distribution, Inc.*		9,025		95,304
Roadrunner Transportation Systems, Inc.*		7,478		226,060
Saia, Inc.*		10,342		309,640
Swift Transportation Co.*		35,645		635,907
Universal Truckload Services, Inc.*		2,161		59,579
Werner Enterprises, Inc.		19,374		466,138
YRC Worldwide, Inc.*(a)		3,994		128,846

				3,312,943


Semiconductors & Semiconductor Equipment 3.3%
Advanced Energy Industries, Inc.*		16,721		362,177
Alpha & Omega Semiconductor Ltd.*		7,199		55,072
Ambarella, Inc.*		7,843		130,194
Amkor Technology, Inc.*(a)		27,373		115,514
ANADIGICS, Inc.*		35,448		76,213
Applied Micro Circuits Corp.*		28,717		340,871
ATMI, Inc.*		13,585		337,587
Axcelis Technologies, Inc.*		46,270		100,869
Brooks Automation, Inc.		28,327		278,171
Cabot Microelectronics Corp.*		9,905		366,287
Cavium, Inc.*		21,828		798,032
Ceva, Inc.*		9,440		172,091
Cirrus Logic, Inc.*(a)		26,964		519,866
Cohu, Inc.		10,547		124,455
Cypress Semiconductor Corp.*		62,422		797,129
Diodes, Inc.*		15,262		418,331
DSP Group, Inc.*		8,494		63,280
Entegris, Inc.*		59,289		565,024
Entropic Communications, Inc.*		38,012		168,393
Exar Corp.*		16,325		212,388
FormFactor, Inc.*		22,835		166,010
GSI Technology, Inc.*		8,619		59,902
GT Advanced Technologies, Inc.*(a)		50,879		264,062
Hittite Microwave Corp.*		13,402		837,357
Inphi Corp.*		11,042		128,750
Integrated Device Technology, Inc.*		56,115		505,596
Integrated Silicon Solution, Inc.*		11,895		142,383
Intermolecular, Inc.*		7,235		45,725
International Rectifier Corp.*		29,538		712,161
Intersil Corp., Class A		54,134		552,708
IXYS Corp.		10,329		116,098
Kopin Corp.*		27,949		103,691
Lattice Semiconductor Corp.*		49,282		254,295
LTX-Credence Corp.*		20,296		108,787
M/A-COM Technology Solutions Holdings, Inc.*		4,418		70,821
MaxLinear, Inc., Class A*		9,820		68,053
Micrel, Inc.		19,875		210,874
Microsemi Corp.*		39,479		973,552
Mindspeed Technologies, Inc.*(a)		18,294		56,163
MKS Instruments, Inc.		22,537		611,203
Monolithic Power Systems, Inc.		15,599		408,382
MoSys, Inc.*		19,802		81,386
Nanometrics, Inc.*		9,863		151,496

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund



Common Stocks (continued)

	Shares		Market Value
Semiconductors & Semiconductor Equipment (continued)
NeoPhotonics Corp.*		8,678	$	76,193
NVE Corp.*		2,069		102,581
OmniVision Technologies, Inc.*		22,961		373,346
PDF Solutions, Inc.*		10,616		217,840
Peregrine Semiconductor Corp.*(a)		11,131		121,773
Pericom Semiconductor Corp.*		9,695		74,167
Photronics, Inc.*		25,885		198,020
PLX Technology, Inc.*		19,470		106,696
PMC-Sierra, Inc.*		86,547		571,643
Power Integrations, Inc.		12,327		679,834
Rambus, Inc.*		47,519		463,310
RF Micro Devices, Inc.*		119,673		621,103
Rubicon Technology, Inc.*(a)		7,725		65,044
Rudolph Technologies, Inc.*		13,847		171,010
Semtech Corp.*		28,259		854,835
Sigma Designs, Inc.*		13,107		68,419
Silicon Image, Inc.*		32,926		188,666
Spansion, Inc., Class A*		20,146		237,723
SunEdison, Inc.*		98,096		988,808
SunPower Corp.*(a)		17,559		485,506
Supertex, Inc.		4,214		113,272
Tessera Technologies, Inc.		22,446		450,491
TriQuint Semiconductor, Inc.*		69,476		555,113
Ultra Clean Holdings, Inc.*		10,248		71,019
Ultratech, Inc.*		11,800		344,796
Veeco Instruments, Inc.*(a)		16,658		579,032
Volterra Semiconductor Corp.*		10,650		160,496

				21,572,135


Software 4.1%
Accelrys, Inc.*		23,821		207,957
ACI Worldwide, Inc.*		16,841		797,421
Actuate Corp.*		20,238		149,356
Advent Software, Inc.		13,875		408,341
American Software, Inc., Class A		9,724		88,099
Aspen Technology, Inc.*		39,679		1,291,155
AVG Technologies NV*(a)		10,165		226,680
Blackbaud, Inc.		19,420		681,448
Bottomline Technologies de, Inc.*		16,109		468,289
BroadSoft, Inc.*		11,895		354,947
Callidus Software, Inc.*		15,671		104,526
CommVault Systems, Inc.*		19,714		1,664,453
Comverse, Inc.*		9,451		296,005
Cyan, Inc.*		3,336		34,628
Digimarc Corp.		2,723		57,156
Ebix, Inc.(a)		13,163		152,691
Ellie Mae, Inc.*		11,193		263,595
EPIQ Systems, Inc.		13,417		174,555
ePlus, Inc.		1,608		102,092
Fair Isaac Corp.		15,238		761,291
FleetMatics Group PLC*		6,937		261,247
Gerber Scientific, Inc.*(a)(b)		11,566		0
Glu Mobile, Inc.*(a)		23,990		65,733
Guidance Software, Inc.*		7,072		64,850
Guidewire Software, Inc.*		17,825		780,022
Imperva, Inc.*		8,574		434,016
Infoblox, Inc.*		21,279		695,823
Interactive Intelligence Group, Inc.*		6,585		374,028
Jive Software, Inc.*		16,812		225,617
Manhattan Associates, Inc.*		8,233		727,303
Mentor Graphics Corp.		40,315		827,667
MicroStrategy, Inc., Class A*		3,844		365,218
Mitek Systems, Inc.*(a)		10,265		58,921
Model N, Inc.*		3,421		80,667
Monotype Imaging Holdings, Inc.		16,240		398,367
Netscout Systems, Inc.*		15,415		408,960
Pegasystems, Inc.		7,311		262,465
Progress Software Corp.*		23,466		600,495
Proofpoint, Inc.*		9,254		249,025
PROS Holdings, Inc.*		9,494		311,593
PTC, Inc.*		50,649		1,371,575
QAD, Inc., Class A		2,521		32,168
QLIK Technologies, Inc.*		36,870		1,154,768
Qualys, Inc.*		6,303		100,848
Rally Software Development Corp.*		2,917		82,230
RealPage, Inc.*		19,752		398,200
Rosetta Stone, Inc.*		4,846		79,184
Sapiens International Corp. NV		7,117		42,346
Seachange International, Inc.*		13,852		163,177
Silver Spring Networks, Inc.*(a)		2,491		67,531
Sourcefire, Inc.*		13,200		995,676
SS&C Technologies Holdings, Inc.*		24,743		885,305
Synchronoss Technologies, Inc.*		12,383		427,090
Take-Two Interactive Software, Inc.*		34,439		603,716
Tangoe, Inc.*		13,077		236,171
TeleCommunication Systems, Inc., Class A*		19,777		53,398
Telenav, Inc.*		7,395		45,331
TiVo, Inc.*		53,868		595,241
Tyler Technologies, Inc.*		13,350		996,177
Ultimate Software Group, Inc.*		11,720		1,585,716
VASCO Data Security International, Inc.*		12,248		100,801
Verint Systems, Inc.*		22,392		801,186
VirnetX Holding Corp.*(a)		17,966		342,612
Vringo, Inc.*(a)		28,403		89,469

				26,726,618


Specialty Retail 3.4%
Aeropostale, Inc.*		33,381		505,055
America’s Car-Mart, Inc.*		3,425		148,234
Ann, Inc.*		20,068		680,104
Asbury Automotive Group, Inc.*		13,243		646,788
Barnes & Noble, Inc.*		17,163		306,360
bebe stores, inc.		14,865		88,893
Big 5 Sporting Goods Corp.		7,194		145,822
Body Central Corp.*		7,117		85,831
Brown Shoe Co., Inc.		18,407		437,534
Buckle, Inc. (The)(a)		11,879		664,986
Cato Corp. (The), Class A		11,721		329,946
Children’s Place Retail Stores, Inc. (The)*		9,824		530,889
Christopher & Banks Corp.*		15,317		104,768
Citi Trends, Inc.*		6,643		93,600
Conn’s, Inc.*(a)		9,542		616,604
Destination Maternity Corp.		5,525		166,081
Destination XL Group, Inc.*		18,127		116,919
Express, Inc.*		36,004		811,890
Finish Line, Inc. (The), Class A		20,872		464,611
Five Below, Inc.*(a)		13,924		541,087
Francesca’s Holdings Corp.*		18,707		465,056
Genesco, Inc.*		10,210		718,580
Group 1 Automotive, Inc.		9,252		673,453
Haverty Furniture Cos., Inc.		8,400		218,400
hhgregg, Inc.*(a)		5,473		85,871
Hibbett Sports, Inc.*		11,052		648,200

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund



Common Stocks (continued)

	Shares		Market Value
Specialty Retail (continued)
Jos. A. Bank Clothiers, Inc.*(a)		11,887	$	485,703
Kirkland’s, Inc.*		5,811		102,157
Lithia Motors, Inc., Class A		9,440		615,866
Lumber Liquidators Holdings, Inc.*		11,643		1,127,275
MarineMax, Inc.*		9,894		115,067
Mattress Firm Holding Corp.*(a)		5,702		232,927
Men’s Wearhouse, Inc. (The)		21,374		853,464
Monro Muffler Brake, Inc.		13,297		571,904
New York & Co., Inc.*		12,368		77,053
Office Depot, Inc.*		104,739		453,520
OfficeMax, Inc.		37,036		421,840
Pacific Sunwear of California, Inc.*		19,424		86,437
Penske Automotive Group, Inc.		17,963		667,864
Pep Boys-Manny, Moe & Jack (The)*		22,204		276,440
Pier 1 Imports, Inc.		40,134		943,149
RadioShack Corp.*(a)		42,375		115,684
Rent-A-Center, Inc.		24,580		982,954
Restoration Hardware Holdings, Inc.*		7,515		502,152
rue21, inc.*		6,240		260,707
Sears Hometown and Outlet Stores, Inc.*		3,669		159,858
Select Comfort Corp.*		23,676		540,997
Shoe Carnival, Inc.		6,336		169,235
Sonic Automotive, Inc., Class A		16,574		366,948
Stage Stores, Inc.		13,917		347,368
Stein Mart, Inc.		11,817		165,083
Systemax, Inc.		4,576		44,067
Tile Shop Holdings, Inc.*		7,825		222,465
Tilly’s, Inc., Class A*		4,114		60,394
Trans World Entertainment Corp.		4,197		20,985
Vitamin Shoppe, Inc.*		12,915		620,307
West Marine, Inc.*		7,122		77,345
Wet Seal, Inc. (The), Class A*		37,920		166,469
Winmark Corp.		959		68,952
Zale Corp.*		13,781		127,888
Zumiez, Inc.*		8,982		247,634

				22,593,720


Textiles, Apparel & Luxury Goods 1.3%
American Apparel, Inc.*		24,392		49,028
Columbia Sportswear Co.(a)		5,473		353,118
Crocs, Inc.*		37,498		512,598
Culp, Inc.		3,513		67,590
Fifth & Pacific Cos., Inc.*		50,853		1,211,319
G-III Apparel Group Ltd.*		7,146		367,733
Iconix Brand Group, Inc.*		24,111		791,805
Jones Group, Inc. (The)		34,089		559,741
Maidenform Brands, Inc.*		9,923		231,801
Movado Group, Inc.		7,526		274,549
Oxford Industries, Inc.		5,732		387,884
Perry Ellis International, Inc.		5,135		103,214
Quiksilver, Inc.*		56,456		356,802
RG Barry Corp.		4,169		72,249
Skechers U.S.A., Inc., Class A*		16,438		448,429
Steven Madden Ltd.*		16,970		872,597
Tumi Holdings, Inc.*		20,320		486,054
Unifi, Inc.*		6,338		145,394
Vera Bradley, Inc.*(a)		9,172		222,329
Wolverine World Wide, Inc.		21,228		1,220,822

				8,735,056


Thrifts & Mortgage Finance 1.7%
Astoria Financial Corp.		37,499		457,488
Banc of California, Inc.		6,647		97,844
Bank Mutual Corp.		19,682		122,225
BankFinancial Corp.		9,048		77,813
BBX Capital Corp., Class A*		3,000		42,570
Beneficial Mutual Bancorp, Inc.*		13,697		118,068
Berkshire Hills Bancorp, Inc.		10,671		278,513
BofI Holding, Inc.*		5,110		277,218
Brookline Bancorp, Inc.		29,939		295,199
Capitol Federal Financial, Inc.		62,943		793,711
Charter Financial Corp.		9,526		103,738
Clifton Savings Bancorp, Inc.		3,843		47,845
Dime Community Bancshares, Inc.		13,569		238,136
Doral Financial Corp.*		2,685		64,467
ESB Financial Corp.		5,395		70,728
ESSA Bancorp, Inc.		3,774		42,835
EverBank Financial Corp.		34,106		529,325
Federal Agricultural Mortgage Corp., Class C		4,413		137,200
First Defiance Financial Corp.		4,222		111,461
First Federal Bancshares of Arkansas, Inc.*		1,538		15,149
First Financial Northwest, Inc.		6,223		66,337
Flagstar Bancorp, Inc.*		8,386		137,530
Fox Chase Bancorp, Inc.		5,295		92,768
Franklin Financial Corp.		4,668		85,284
Hingham Institution for Savings		545		39,169
Home Bancorp, Inc.*		2,835		51,739
Home Loan Servicing Solutions Ltd.		30,157		754,830
HomeStreet, Inc.		5,453		118,330
Kearny Financial Corp.*		6,239		64,636
Meridian Interstate Bancorp, Inc.*		3,551		72,653
Meta Financial Group, Inc.(a)		2,244		66,019
MGIC Investment Corp.*		137,617		1,051,394
NASB Financial, Inc.*		1,854		54,026
Northfield Bancorp, Inc.		24,513		287,292
Northwest Bancshares, Inc.		39,919		551,681
OceanFirst Financial Corp.		5,930		101,284
Oritani Financial Corp.		19,376		315,054
PennyMac Financial Services, Inc., Class A*		5,349		104,840
Provident Financial Holdings, Inc.		3,873		67,778
Provident Financial Services, Inc.		24,954		443,932
Provident New York Bancorp(a)		18,706		202,960
Radian Group, Inc.(a)		73,320		1,030,146
Rockville Financial, Inc.		11,771		154,200
Roma Financial Corp.*		3,215		61,407
Territorial Bancorp, Inc.		4,570		103,922
Tree.com, Inc.		2,787		52,646
TrustCo Bank Corp. NY		40,363		239,756
United Community Financial Corp.*		16,354		75,555
United Financial Bancorp, Inc.		8,419		131,421
Walker & Dunlop, Inc.*		6,950		128,158
Waterstone Financial, Inc.*		3,202		34,838
Westfield Financial, Inc.		8,402		58,478
WSFS Financial Corp.		3,334		198,473

				10,920,069


Tobacco 0.2%
Alliance One International, Inc.*		37,378		142,410
Universal Corp.		9,919		608,035
Vector Group Ltd.(a)		25,539		425,224

				1,175,669

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund



Common Stocks (continued)

	Shares		Market Value
Trading Companies & Distributors 1.0%
Aceto Corp.		11,680	$	181,274
Aircastle Ltd.		29,053		510,752
Applied Industrial Technologies, Inc.		17,914		934,394
Beacon Roofing Supply, Inc.*		20,695		844,149
BlueLinx Holdings, Inc.*(a)		14,502		26,829
CAI International, Inc.*		7,281		152,828
DXP Enterprises, Inc.*		4,024		277,656
Edgen Group, Inc.*		7,243		56,858
H&E Equipment Services, Inc.		12,659		289,132
Houston Wire & Cable Co.		7,751		114,947
Kaman Corp.		11,454		433,648
Rush Enterprises, Inc., Class A*		14,719		366,797
TAL International Group, Inc.*(a)		14,383		578,916
Textainer Group Holdings Ltd.(a)		9,025		319,395
Titan Machinery, Inc.*(a)		7,260		138,593
Watsco, Inc.		10,867		1,014,434

				6,240,602


Transportation Infrastructure 0.1%
Wesco Aircraft Holdings, Inc.*		17,439		341,281


Water Utilities 0.3%
American States Water Co.		8,174		524,934
Artesian Resources Corp., Class A		3,335		78,506
California Water Service Group		20,130		438,834
Connecticut Water Service, Inc.		4,623		138,228
Consolidated Water Co., Ltd.		6,238		73,983
Middlesex Water Co.		6,854		144,893
Pure Cycle Corp.*(a)		7,103		40,984
SJW Corp.		6,511		181,592
York Water Co. (The)		5,548		116,952

				1,738,906


Wireless Telecommunication Services 0.2%
Boingo Wireless, Inc.*(a)		7,794		54,558
Leap Wireless International, Inc.*		22,720		378,970
NII Holdings, Inc.*(a)		73,063		524,592
NTELOS Holdings Corp.		6,469		121,164
Shenandoah Telecommunications Co.		10,196		196,477
USA Mobility, Inc.		9,310		145,422

				1,421,183

Total Common Stocks (cost $465,244,107)				638,457,166


Right 0.0%†

	Number of Rights		Market Value
Life Sciences Tools & Services 0.0%†
Accelerate Diagnostics, Inc., expiring 08/07/13*(a)(b)		278		95

Total Right (cost $—)				95


Warrant 0.0%†

	Number of Warrants		Market Value
Oil, Gas & Consumable Fuels 0.0%†
Magnum Hunter Resources Corp., expiring 10/14/13*(a)		5,139		268

Total Warrant (cost $—)				268


Mutual Fund 3.1%

	Shares		Market Value
Money Market Fund 3.1%
Fidelity Institutional Money Market Fund - Institutional Class, 0.11% (c)		20,482,395		20,482,395

Total Mutual Fund (cost $20,482,395)				20,482,395


Repurchase Agreements 9.2%

	Principal Amount		Market Value
BNP Paribas Securities Corp., 0.07%, dated 07/31/2013, due 08/01/2013, repurchase price $55,000,107, collateralized by U.S. Government Agency Securities ranging from 0.00% to 5.38%, maturing 08/05/13 - 05/04/37; total market value $56,100,097. (d)	$	55,000,000		55,000,000
Credit Suisse (USA) LLC, 0.08%, dated 07/31/2013, due 08/01/2013, repurchase price $5,594,951, collateralized by U.S. Government Agency Securities ranging from 0.00% to 1.74%, maturing 07/15/18 - 05/04/37; total market value $5,706,881. (d)		5,594,939		5,594,939

Total Repurchase Agreements (cost $60,594,939)				60,594,939

Total Investments (cost $546,321,441) (e) — 109.6%				719,534,863
Liabilities in excess of other assets — (9.6%)				(63,037,849	)

NET ASSETS — 100.0%			$	656,497,014

*	Denotes a non-income producing security.

(a)

The security or a portion of this security is on loan at July 31, 2013. The total value of securities on loan at July 31, 2013 was $59,292,807, which was collateralized by repurchase agreements with a value of $60,594,939 and $31,207 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.38% - 3.50%, and maturity dates ranging from 06/15/15 - 05/15/20, a total value of $60,626,146.

(b)	Fair Valued Security.

(c)	Represents 7-day effective yield as of July 31, 2013.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund

(d)	The security was purchased with cash collateral held from securities on loan. The total value of securities purchased with cash collateral as of July 31, 2013 was $60,594,939.

(e)	At July 31, 2013, the tax basis cost of the Fund’s investments was $570,479,269, tax unrealized appreciation and depreciation were $177,187,815 and $(28,132,221), respectively.

†	Amount rounds to less than 0.1%.


LLC		Limited Liability Company
Ltd.		Limited
NV		Public Traded Company
PLC		Public Limited Company
REIT		Real Estate Investment Trust
SA		Stock Company

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund

At July 31, 2013, the Fund’s open futures contracts were as follows:


Number of Contracts	Long Contracts	Expiration		Notional Value Covered by Contracts		Unrealized Appreciation/ (Depreciation)
212	Russell 2000 Mini Future		09/20/13	$	22,109,480	$	1,374,917

At July 31, 2013 the Fund had $1,199,000 segregated as collateral with the broker for open futures contracts.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.


	Level 1		Level 2		Level 3		Total
Assets:
Common Stocks
Aerospace & Defense	$	10,148,712	$	—	$	—	$	10,148,712
Air Freight & Logistics		2,918,505		—		—		2,918,505
Airlines		4,475,720		—		—		4,475,720
Auto Components		6,629,487		—		—		6,629,487
Automobiles		286,203		—		—		286,203
Beverages		875,823		—		—		875,823
Biotechnology		25,127,413		—		—		25,127,413
Building Products		4,463,203		—		—		4,463,203
Capital Markets		16,917,501		—		—		16,917,501
Chemicals		14,340,364		—		—		14,340,364
Commercial Banks		45,821,785		—		—		45,821,785

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund


	Level 1		Level 2		Level 3		Total
Assets: (continued)
Common Stocks (continued)
Commercial Services & Supplies	$	13,366,775	$	—	$	—	$	13,366,775
Communications Equipment		12,199,430		—		—		12,199,430
Computers & Peripherals		3,781,200		—		—		3,781,200
Construction & Engineering		5,570,167		—		—		5,570,167
Construction Materials		1,009,863		—		—		1,009,863
Consumer Finance		4,918,849		—		—		4,918,849
Containers & Packaging		2,134,433		—		—		2,134,433
Distributors		1,530,185		—		—		1,530,185
Diversified Consumer Services		7,798,492		—		—		7,798,492
Diversified Financial Services		1,929,268		—		—		1,929,268
Diversified Telecommunication Services		3,699,778		—		—		3,699,778
Electric Utilities		9,156,217		—		—		9,156,217
Electrical Equipment		9,464,719		—		—		9,464,719
Electronic Equipment, Instruments & Components		16,584,711		—		—		16,584,711
Energy Equipment & Services		11,761,604		—		—		11,761,604
Food & Staples Retailing		8,044,897		—		—		8,044,897
Food Products		11,039,372		—		—		11,039,372
Gas Utilities		6,170,125		—		—		6,170,125
Health Care Equipment & Supplies		20,875,519		—		—		20,875,519
Health Care Providers & Services		16,768,777		—		—		16,768,777
Health Care Technology		5,798,065		—		—		5,798,065
Hotels, Restaurants & Leisure		18,598,665		—		—		18,598,665
Household Durables		7,355,835		—		—		7,355,835
Household Products		1,274,801		—		—		1,274,801
Independent Power Producers & Energy Traders		1,330,321		—		—		1,330,321
Industrial Conglomerates		474,096		—		—		474,096
Information Technology Services		12,921,751		—		—		12,921,751
Insurance		15,619,436		—		—		15,619,436
Internet & Catalog Retail		2,731,910		—		—		2,731,910
Internet Software & Services		18,608,047		—		—		18,608,047
Leisure Equipment & Products		3,489,280		—		—		3,489,280
Life Sciences Tools & Services		2,581,386		—		—		2,581,386
Machinery		20,738,190		—		—		20,738,190
Marine		604,624		—		—		604,624
Media		9,289,267		—		—		9,289,267
Metals & Mining		8,648,214		—		—		8,648,214
Multiline Retail		1,340,541		—		—		1,340,541
Multi-Utilities		2,410,140		—		—		2,410,140
Oil, Gas & Consumable Fuels		22,672,655		—		—		22,672,655
Paper & Forest Products		5,398,160		—		—		5,398,160
Personal Products		2,445,991		—		—		2,445,991
Pharmaceuticals		9,461,739		—		—		9,461,739
Professional Services		8,793,174		—		—		8,793,174
Real Estate Investment Trusts (REITs)		49,143,718		—		—		49,143,718
Real Estate Management & Development		2,139,881		—		—		2,139,881
Road & Rail		3,312,943		—		—		3,312,943
Semiconductors & Semiconductor Equipment		21,572,135		—		—		21,572,135
Software		26,726,618		—		—		26,726,618
Specialty Retail		22,593,720		—		—		22,593,720
Textiles, Apparel & Luxury Goods		8,735,056		—		—		8,735,056
Thrifts & Mortgage Finance		10,920,069		—		—		10,920,069
Tobacco		1,175,669		—		—		1,175,669
Trading Companies & Distributors		6,240,602		—		—		6,240,602
Transportation Infrastructure		341,281		—		—		341,281
Water Utilities		1,738,906		—		—		1,738,906
Wireless Telecommunication Services		1,421,183		—		—		1,421,183

Total Common Stocks	$	638,457,166	$	—	$	—	$	638,457,166

Futures Contracts		1,374,917		—		—		1,374,917
Mutual Fund		20,482,395		—		—		20,482,395
Repurchase Agreements		—		60,594,939		—		60,594,939
Right		—		95		—		95
Warrant		268		—		—		268

Total	$	660,314,746	$	60,595,034	$	—	$	720,909,780

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Cap Index Fund

Amounts designated as “—”, which may include fair valued securities, are zero or have been rounded to zero.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

During the period ended July 31, 2013, the Fund held 2 common stock investments that were categorized as Level 3 investments which were each valued at $0.

Futures Contracts

The following table provides a summary of the Fund’s derivative instruments categorized by risk exposure as of July 31, 2013:

Fair Values of Derivatives not Accounted for as Hedging Instruments as of July 31, 2013


Assets:		Fair Value
Futures Contracts
Equity risk	Unrealized appreciation from futures contracts	$	1,374,917

Total		$	1,374,917

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide Small Company Growth Fund



Common Stocks 98.5%

	Shares		Market Value
Biotechnology 2.3%
Incyte Corp., Ltd.*		13,106	$	306,811


Chemicals 3.7%
Balchem Corp.		9,615		478,442


Commercial Services & Supplies 1.3%
EnerNOC, Inc.*		11,125		173,773


Electronic Equipment, Instruments & Components 13.7%
Cognex Corp.		9,105		483,567
Dolby Laboratories, Inc., Class A		3,641		119,752
DTS, Inc.*		5,428		122,890
FEI Co.		5,153		399,100
FLIR Systems, Inc.		10,981		356,553
Measurement Specialties, Inc.*		6,100		303,658

				1,785,520


Energy Equipment & Services 6.3%
CARBO Ceramics, Inc.		5,115		449,404
Geospace Technologies Corp.*		5,049		375,696

				825,100


Health Care Equipment & Supplies 13.2%
Abaxis, Inc.		8,001		336,842
Cantel Medical Corp.		16,555		439,370
Meridian Bioscience, Inc.		11,124		275,097
Neogen Corp.*		7,623		430,547
Quidel Corp.*		9,029		241,706

				1,723,562


Health Care Technology 8.8%
MedAssets, Inc.*		8,309		180,887
Medidata Solutions, Inc.*		5,140		475,604
Quality Systems, Inc.		12,842		293,696
Vocera Communications, Inc.*		13,697		198,333

				1,148,520


Internet Software & Services 3.3%
NIC, Inc.		23,082		425,170


Life Sciences Tools & Services 4.0%
Bruker Corp.*		6,963		124,777
Techne Corp.		5,360		395,246

				520,023


Machinery 4.1%
Dynamic Materials Corp.		7,633		148,004
Sun Hydraulics Corp.		12,413		390,389

				538,393


Semiconductors & Semiconductor Equipment 4.8%
Diodes, Inc.*		10,803		296,110
Hittite Microwave Corp.*		5,351		334,331

				630,441


Software 33.0%
Accelrys, Inc.*		24,305		212,183
ACI Worldwide, Inc.*		9,241		437,561
American Software, Inc., Class A		14,103		127,773
ANSYS, Inc.*		5,828		465,307
Blackbaud, Inc.		12,351		433,397
Concur Technologies, Inc.*		4,748		422,050
Manhattan Associates, Inc.*		4,774		421,735
Netscout Systems, Inc.*		17,083		453,212
Nuance Communications, Inc.*		18,527		347,567
PROS Holdings, Inc.*		13,291		436,211
Rovi Corp.*		5,542		124,861
Tyler Technologies, Inc.*		5,810		433,542

				4,315,399

Total Common Stocks (cost $10,437,207)				12,871,154


Mutual Fund 1.6%

	Shares		Market Value
Money Market Fund 1.6%
Fidelity Institutional Money Market Fund - Institutional Class, 0.11% (a)		209,126		209,126

Total Mutual Fund (cost $209,126)				209,126

Total Investments (cost $10,646,333) (b) — 100.1%				13,080,280
Liabilities in excess of other assets — (0.1%)				(10,186	)

NET ASSETS — 100.0%			$	13,070,094

*	Denotes a non-income producing security.

(a)	Represents 7-day effective yield as of July 31, 2013.

(b)	At July 31, 2013, the tax basis cost of the Fund’s investments was $10,646,333, tax unrealized appreciation and depreciation were $2,564,821 and $(130,874), respectively.


Ltd.		Limited

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide Small Company Growth Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.

At July 31, 2013, 100% of the market value of the Fund was determined based on Level 1 inputs.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

Statement of Investments

July 31, 2013 (Unaudited)

Nationwide U.S. Small Cap Value Fund



Common Stocks 98.4%

	Shares		Market Value
Aerospace & Defense 1.5%
AAR Corp.		7,515	$	182,164
Aerovironment, Inc.*(a)		4,408		99,665
Alliant Techsystems, Inc.		1,445		134,529
Allied Defense Group, Inc. (The)*(b)(c)		400		2,088
American Science & Engineering, Inc.		86		5,228
Ascent Solar Technologies, Inc.*(a)		2,800		2,968
CPI Aerostructures, Inc.*		837		9,383
Curtiss-Wright Corp.		10,160		412,902
DigitalGlobe, Inc.*		4,520		146,448
Ducommun, Inc.*		2,094		47,827
Engility Holdings, Inc.*		1,798		58,597
Esterline Technologies Corp.*		4,536		369,412
Exelis, Inc.		854		12,622
Innovative Solutions & Support, Inc.		1,501		11,573
Kratos Defense & Security Solutions, Inc.*		13,861		93,423
LMI Aerospace, Inc.*		1,878		34,724
Moog, Inc., Class A*		1,999		112,424
National Presto Industries, Inc.(a)		200		14,828
Orbital Sciences Corp.*		12,997		240,964
SIFCO Industries, Inc.		425		8,500
Sparton Corp.*		1,053		18,712
Sypris Solutions, Inc.		157		509

				2,019,490


Air Freight & Logistics 0.4%
Air Transport Services Group, Inc.*		7,944		53,066
Atlas Air Worldwide Holdings, Inc.*		5,111		228,155
Pacer International, Inc.*		2,752		17,035
UTi Worldwide, Inc.		7,920		130,680
XPO Logistics, Inc.*(a)		1,957		47,868

				476,804


Airlines 0.7%
Alaska Air Group, Inc.*		3,832		234,403
Hawaiian Holdings, Inc.*(a)		13,890		106,120
JetBlue Airways Corp.*		49,412		323,155
Republic Airways Holdings, Inc.*		13,806		189,556
SkyWest, Inc.		8,410		127,159

				980,393


Auto Components 0.8%
Cooper Tire & Rubber Co.		8,201		275,061
Dorman Products, Inc.		1,400		65,912
Federal-Mogul Corp.*		15,436		240,493
Fuel Systems Solutions, Inc.*		2,282		41,510
Modine Manufacturing Co.*		9,040		99,440
Motorcar Parts of America, Inc.*		2,200		19,030
Shiloh Industries, Inc.		1,847		23,679
Spartan Motors, Inc.		7,133		43,226
Standard Motor Products, Inc.		5,949		204,586
Stoneridge, Inc.*		4,392		53,055
Superior Industries International, Inc.		4,675		85,132

				1,151,124


Beverages 0.4%
Coca-Cola Bottling Co. Consolidated		840		53,642
Constellation Brands, Inc., Class A*		8,720		454,225
Craft Brew Alliance, Inc.*		2,481		22,329
MGP Ingredients, Inc.		2,200		12,298
Primo Water Corp.*(a)		4,800		8,832

				551,326


Biotechnology 0.2%
Arqule, Inc.*		2,846		7,599
Astex Pharmaceuticals, Inc.*		11,151		58,319
Celldex Therapeutics, Inc.*		1,810		37,069
Codexis, Inc.*		1,324		3,244
Emergent Biosolutions, Inc.*		4,497		79,552
Enzon Pharmaceuticals, Inc.		2,902		5,804
Maxygen, Inc.		2,900		7,250
MediciNova, Inc.*(a)		1,469		3,937
Repligen Corp.*		2,489		25,313
Sangamo BioSciences, Inc.*(a)		300		2,925
Targacept, Inc.*		9,300		46,500

				277,512


Building Products 0.7%
American Woodmark Corp.*		1,000		34,690
Apogee Enterprises, Inc.		5,581		149,348
Builders FirstSource, Inc.*(a)		1,000		5,900
Gibraltar Industries, Inc.*		5,968		91,907
Griffon Corp.		7,427		88,381
Insteel Industries, Inc.		3,880		65,184
Owens Corning, Inc.*		4,313		170,321
Quanex Building Products Corp.		2,600		44,252
Simpson Manufacturing Co., Inc.		5,368		177,251
Universal Forest Products, Inc.		2,109		86,996
USG Corp.*		306		7,690

				921,920


Capital Markets 1.7%
American Capital Ltd.*		63,170		862,902
Calamos Asset Management, Inc., Class A		1,714		18,254
Capital Southwest Corp.		350		50,743
Cowen Group, Inc., Class A*		23,917		77,252
ETRADE Financial Corp.		13,802		205,650
GFI Group, Inc.		12,548		50,192
Harris & Harris Group, Inc.*		5,889		18,374
ICG Group, Inc.*		4,315		52,341
INTL. FCStone, Inc.*		800		14,808
Investment Technology Group, Inc.*		1,497		21,272
Janus Capital Group, Inc.		36,073		338,004
JMP Group, Inc.		3,774		26,795
KCG Holdings, Inc., Class A*		699		6,445
Legg Mason, Inc.		13,220		454,636
Manning & Napier, Inc.		868		15,580
MCG Capital Corp.		8,170		44,853
Medallion Financial Corp.		1,852		27,947
Oppenheimer Holdings, Inc., Class A		326		6,246

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide U.S. Small Cap Value Fund



Common Stocks (continued)

	Shares		Market Value
Capital Markets (continued)
Piper Jaffray Cos.*		700	$	23,485
Safeguard Scientifics, Inc.*		3,366		50,322
SWS Group, Inc.*		3,400		20,264

				2,386,365


Chemicals 2.5%
A. Schulman, Inc.		5,552		148,793
American Pacific Corp.*		681		24,768
American Vanguard Corp.		3,565		88,020
Arabian American Development Co.*		100		894
Axiall Corp.		3,390		149,431
Cabot Corp.		3,200		131,264
Chase Corp.		918		25,474
Chemtura Corp.*		9,364		209,379
Core Molding Technologies, Inc.*		471		4,347
Cytec Industries, Inc.		2,992		233,077
Ferro Corp.*		15,945		104,121
FutureFuel Corp.		3,696		58,360
H.B. Fuller Co.		6,127		245,999
Huntsman Corp.		16,500		297,330
Innospec, Inc.		590		25,323
KMG Chemicals, Inc.		1,276		28,812
Kraton Performance Polymers, Inc.*		3,216		65,285
Landec Corp.*		5,776		87,160
Minerals Technologies, Inc.		4,564		209,944
Olin Corp.		10,072		245,757
OM Group, Inc.*		5,533		170,804
OMNOVA Solutions, Inc.*		4,209		33,924
Penford Corp.*		1,600		23,744
PolyOne Corp.		5,792		167,447
Quaker Chemical Corp.		212		13,986
Sensient Technologies Corp.		5,500		242,055
Westlake Chemical Corp.		3,000		312,060
Zoltek Cos., Inc.*(a)		8,468		117,959

				3,465,517


Commercial Banks 8.4%
1st Source Corp.		2,736		74,638
1st United Bancorp, Inc.		1,029		8,006
Access National Corp.		576		8,773
American National Bankshares, Inc.		725		17,284
Ameris Bancorp*(a)		2,980		57,365
AmeriServ Financial, Inc.		1,800		5,346
Arrow Financial Corp.		408		10,747
Associated Banc-Corp.		7,643		129,472
Bancfirst Corp.		209		10,927
Bancorp, Inc. (The)*		4,545		68,175
BancorpSouth, Inc.		8,554		168,086
Bank of Kentucky Financial Corp. (The)		171		4,694
Banner Corp.		2,528		93,738
Bar Harbor Bankshares		283		11,111
BBCN Bancorp, Inc.		8,440		123,308
BCB Bancorp, Inc.		221		2,327
Boston Private Financial Holdings, Inc.		7,814		86,345
Bridge Bancorp, Inc.		111		2,380
Bryn Mawr Bank Corp.		471		13,169
C&F Financial Corp.(a)		177		9,565
Capital Bank Financial Corp., Class A*		114		2,177
Capital City Bank Group, Inc.*		2,100		26,292
CapitalSource, Inc.		20,213		244,577
Cardinal Financial Corp.		3,473		56,818
Cathay General Bancorp		13,982		332,212
Center Bancorp, Inc.		1,488		22,424
Centerstate Banks, Inc.		1,291		12,729
Central Pacific Financial Corp.*		333		6,191
Century Bancorp, Inc., Class A		138		4,909
Chemical Financial Corp.		1,317		39,326
City Holding Co.(a)		400		17,704
CoBiz Financial, Inc.		5,513		55,351
Columbia Banking System, Inc.		3,034		75,789
Community Bank System, Inc.		4,100		137,514
Community Bankers Trust Corp.*		300		1,158
Community Trust Bancorp, Inc.		1,612		64,238
CVB Financial Corp.		7,379		96,591
Enterprise Bancorp, Inc.		332		6,677
Enterprise Financial Services Corp.		1,963		36,374
Fidelity Southern Corp.		1,333		20,578
Financial Institutions, Inc.		1,239		24,941
First Bancorp, Inc.		939		16,808
First Bancorp, North Carolina		2,007		31,771
First BanCorp, Puerto Rico*		3,294		24,804
First Busey Corp.		4,356		21,736
First Citizens Bancshares, Inc., Class A		100		20,950
First Commonwealth Financial Corp.		24,429		183,462
First Community Bancshares, Inc.		2,243		35,798
First Financial Bancorp		3,773		60,783
First Financial Corp.		1,314		43,572
First Financial Holdings, Inc.		1,639		90,884
First Interstate BancSystem, Inc.		885		20,859
First Merchants Corp.		3,910		73,195
First Midwest Bancorp, Inc.		8,912		136,086
First Niagara Financial Group, Inc.		15,481		165,492
First South Bancorp, Inc.*		1,350		8,870
FirstMerit Corp.		9,372		210,120
Flushing Financial Corp.		3,341		63,345
FNB Corp.		12,066		152,514
German American Bancorp, Inc.		805		22,274
Glacier Bancorp, Inc.		5,383		131,022
Great Southern Bancorp, Inc.		1,161		33,901
Guaranty Bancorp		1,040		13,042
Hanmi Financial Corp.*		3,772		64,124
Heartland Financial USA, Inc.		1,847		51,716
Heritage Commerce Corp.*		3,460		25,431
Heritage Financial Corp.		100		1,589
Home Federal Bancorp, Inc.		2,100		29,442
Horizon Bancorp		587		14,070
Hudson Valley Holding Corp.		1,261		26,128
IBERIABANK Corp.		5,000		294,000
Independent Bank Corp.		2,048		76,268
Independent Bank Corp., Michigan*		380		2,964
International Bancshares Corp.		9,146		221,425
Intervest Bancshares Corp.*(a)		2,354		17,420
Lakeland Bancorp, Inc.		3,566		40,082
Lakeland Financial Corp.		779		24,577
Macatawa Bank Corp.*(a)		3,062		15,892
MainSource Financial Group, Inc.		2,706		39,129
MB Financial, Inc.		8,210		236,284

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide U.S. Small Cap Value Fund



Common Stocks (continued)

	Shares		Market Value
Commercial Banks (continued)
MBT Financial Corp.*		2,200	$	8,712
Mercantile Bank Corp.		851		16,995
Merchants Bancshares, Inc.		662		20,549
Metro Bancorp, Inc.*		1,907		41,687
MetroCorp Bancshares, Inc.		775		8,293
MidSouth Bancorp, Inc.		770		12,551
MidWestOne Financial Group, Inc.		67		1,748
National Penn Bancshares, Inc.		13,300		143,507
NBT Bancorp, Inc.		647		14,603
NewBridge Bancorp*		2,450		20,066
North Valley Bancorp*		78		1,357
Northrim BanCorp, Inc.		444		11,331
OFG Bancorp		5,883		108,659
Old National Bancorp		6,911		99,588
Old Second Bancorp, Inc.*		1,500		9,120
OmniAmerican Bancorp, Inc.*		1,963		46,405
Pacific Continental Corp.		1,758		21,676
Pacific Mercantile Bancorp*		1,000		6,200
Pacific Premier Bancorp, Inc.*		1,418		18,477
PacWest Bancorp		1,751		62,020
Park National Corp.(a)		600		47,340
Park Sterling Corp.*		4,473		29,969
Peapack Gladstone Financial Corp.		703		13,751
Peoples Bancorp, Inc.		1,391		31,284
Pinnacle Financial Partners, Inc.*		6,100		173,728
Popular, Inc.*		8,323		273,827
Preferred Bank, Los Angeles*		1,261		21,424
PrivateBancorp, Inc.		12,137		286,312
Renasant Corp.		5,104		139,850
Republic Bancorp, Inc., Class A		3,383		88,533
Republic First Bancorp, Inc.*		1,723		5,789
S&T Bancorp, Inc.		2,138		52,338
Sandy Spring Bancorp, Inc.		1,979		48,367
Seacoast Banking Corp. of Florida*		7,563		17,849
Sierra Bancorp		1,250		19,725
Simmons First National Corp., Class A		1,967		53,797
Southern Community Financial Corp.*(c)		1,400		308
Southside Bancshares, Inc.		884		22,091
Southwest Bancorp, Inc.*		2,461		36,817
StellarOne Corp.		4,933		104,481
Sterling Bancorp		2,164		29,322
Suffolk Bancorp*		3,029		54,976
Sun Bancorp, Inc.*		3,351		11,125
Susquehanna Bancshares, Inc.		30,129		400,716
Synovus Financial Corp.		138,715		461,921
Taylor Capital Group, Inc.*(a)		1,119		25,099
Tompkins Financial Corp.		1,216		54,878
TowneBank(a)		2,102		33,569
TriCo Bancshares		1,149		24,887
Trustmark Corp.		5,620		151,571
UMB Financial Corp.		2,406		143,879
Umpqua Holdings Corp.		26,006		437,941
Union First Market Bankshares Corp.(a)		2,915		64,422
United Bankshares, Inc.(a)		200		5,664
United Community Banks, Inc.*		1,585		21,604
United Security Bancshares*		273		1,164
Univest Corp. of Pennsylvania		1,509		30,618
ViewPoint Financial Group, Inc.		3,427		73,920
Virginia Commerce Bancorp, Inc.*		2,526		37,966
Washington Banking Co.		1,359		19,773
Washington Trust Bancorp, Inc.		1,499		48,478
Webster Financial Corp.		10,981		299,122
WesBanco, Inc.		3,641		107,227
West Bancorporation, Inc.		1,619		22,148
Western Alliance Bancorp*		13,239		234,728
Wilshire Bancorp, Inc.		2,717		23,882
Wintrust Financial Corp.		8,452		345,771
Yadkin Financial Corp.*		666		10,383
Zions Bancorporation		38,900		1,152,996

				11,402,729


Commercial Services & Supplies 2.1%
ABM Industries, Inc.		14,604		378,244
ACCO Brands Corp.*		7,958		52,602
Acme United Corp.		200		2,776
Acorn Energy, Inc.(a)		1,419		12,317
AMREP Corp.*		216		2,106
ARC Document Solutions, Inc.*		5,427		25,887
Casella Waste Systems, Inc., Class A*		1,135		5,414
Consolidated Graphics, Inc.*		2,861		153,321
Courier Corp.		2,636		40,911
Covanta Holding Corp.		5,910		122,987
EnerNOC, Inc.*		4,199		65,588
Ennis, Inc.		2,761		51,161
Fuel Tech, Inc.*		2,542		9,405
G&K Services, Inc., Class A		1,400		73,934
Intersections, Inc.		2,600		25,168
Kimball International, Inc., Class B		5,988		65,808
McGrath RentCorp		3,949		135,214
Metalico, Inc.*		4,282		6,209
Mobile Mini, Inc.*		11,423		394,208
Multi-Color Corp.		2,035		70,431
NL Industries, Inc.		1,831		20,306
Quad/Graphics, Inc.(a)		1,370		38,415
RR Donnelley & Sons Co.(a)		3,196		60,692
Schawk, Inc.		3,031		41,767
Standard Parking Corp.*		797		18,347
Standard Register Co.(The)*		705		2,094
Steelcase, Inc., Class A		14,713		224,226
Tetra Tech, Inc.*		6,372		150,379
TMS International Corp., Class A		740		12,114
UniFirst Corp.		2,352		230,543
United Stationers, Inc.		4,178		172,927
Versar, Inc.*		2,487		13,107
Viad Corp.		5,699		137,061
Virco Manufacturing Corp.*		1,500		3,630

				2,819,299


Communications Equipment 1.7%
Anaren, Inc.*		2,904		67,983
ARRIS Group, Inc.*		14,421		216,892
Aviat Networks, Inc.*		7,678		20,347
Aware, Inc.		1,965		9,707
Bel Fuse, Inc., Class B		1,319		20,642
Black Box Corp.		2,600		70,356
Brocade Communications Systems, Inc.*		22,028		146,706

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide U.S. Small Cap Value Fund



Common Stocks (continued)

	Shares		Market Value
Communications Equipment (continued)
Calix, Inc.*		7,095	$	82,870
Communications Systems, Inc.		1,420		15,052
Comtech Telecommunications Corp.		3,510		95,051
Digi International, Inc.*		4,472		44,407
EchoStar Corp., Class A*		4,067		162,517
EMCORE Corp.*(a)		3,875		16,314
Emulex Corp.*		13,422		107,510
Extreme Networks*		15,787		68,358
Finisar Corp.*		9,668		186,882
Globecomm Systems, Inc.*		4,951		71,740
Harmonic, Inc.*		19,687		150,802
Infinera Corp.*(a)		11,300		123,283
KVH Industries, Inc.*		4,039		56,506
Oclaro, Inc.*(a)		16,707		19,881
Oplink Communications, Inc.*		5,391		108,629
Optical Cable Corp.		300		1,290
PC-Tel, Inc.		1,200		11,580
Performance Technologies, Inc.*		1,121		1,457
Polycom, Inc.*		13,578		129,806
Relm Wireless Corp.*		2,881		11,524
ShoreTel, Inc.*		1,289		5,014
Sonus Networks, Inc.*		21,433		73,301
Symmetricom, Inc.*		10,860		55,820
Tellabs, Inc.		38,811		86,937
TESSCO Technologies, Inc.		1,910		61,196
UTStarcom Holdings Corp.*		1,801		4,971
Westell Technologies, Inc., Class A*		8,136		21,072

				2,326,403


Computers & Peripherals 1.0%
Astro-Med, Inc.		765		8,698
Avid Technology, Inc.*		6,800		40,528
Concurrent Computer Corp.		529		4,306
Cray, Inc.*		3,102		71,873
Datalink Corp.*		3,720		48,435
Electronics for Imaging, Inc.*		8,400		252,252
Hutchinson Technology, Inc.*		4,426		15,181
Imation Corp.*		3,874		18,130
Intermec, Inc.*		2,915		28,946
Intevac, Inc.*		4,194		26,716
Lexmark International, Inc., Class A		13,366		501,091
Novatel Wireless, Inc.*		6,524		27,662
QLogic Corp.*		19,088		210,159
Rimage Corp.		220		1,984
STEC, Inc.*		6,900		46,713
Super Micro Computer, Inc.*		2,769		32,093
Xyratex Ltd.		7,313		78,834

				1,413,601


Construction & Engineering 2.0%
AECOM Technology Corp.*		4,273		144,855
Aegion Corp.*		9,790		223,408
Argan, Inc.		134		2,124
Comfort Systems USA, Inc.		3,250		50,212
Dycom Industries, Inc.*		6,300		166,824
EMCOR Group, Inc.		9,444		389,848
Furmanite Corp.*		3,051		22,852
Goldfield Corp.(The)		3,969		8,533
Granite Construction, Inc.		6,757		204,399
Great Lakes Dredge & Dock Corp.		16,360		125,808
Integrated Electrical Services, Inc.*		1,200		7,068
Layne Christensen Co.*		4,605		89,245
MasTec, Inc.*		5,669		187,077
Michael Baker Corp.		1,057		42,703
MYR Group, Inc.*		4,154		89,726
Northwest Pipe Co.*		2,016		60,077
Orion Marine Group, Inc.*		7,050		88,619
Pike Electric Corp.		9,472		115,653
Sterling Construction Co., Inc.*		3,017		29,627
Tutor Perini Corp.*		10,806		213,743
UniTek Global Services, Inc.*		1,000		1,710
URS Corp.		9,861		458,537

				2,722,648


Construction Materials 0.2%
Headwaters, Inc.*		7,409		69,867
Texas Industries, Inc.*		3,959		246,012
United States Lime & Minerals, Inc.*		357		21,292

				337,171


Consumer Finance 0.3%
Asta Funding, Inc.		2,269		19,990
Atlanticus Holdings Corp.*(a)		1,995		7,581
Cash America International, Inc.		5,300		222,600
Encore Capital Group, Inc.*		286		11,114
First Marblehead Corp. (The)*		12,745		21,666
Green Dot Corp., Class A*		1,149		26,749
Imperial Holdings, Inc.*		2,381		17,643
Nelnet, Inc., Class A		3,500		136,080
QC Holdings, Inc.		37		100

				463,523


Containers & Packaging 0.4%
Boise, Inc.		14,796		134,644
Graphic Packaging Holding Co.*		10,654		91,624
Myers Industries, Inc.		4,875		94,916
Rock Tenn Co., Class A		1,968		225,041
Sealed Air Corp.		2,342		63,796

				610,021


Distributors 0.2%
Core-Mark Holding Co., Inc.		2,478		155,247
VOXX International Corp.*		7,308		99,023
Weyco Group, Inc.		618		16,890

				271,160


Diversified Consumer Services 0.7%
Ascent Capital Group, Inc., Class A*		1,498		116,410
Cambium Learning Group, Inc.*		300		408
Career Education Corp.*		11,688		37,635
Carriage Services, Inc.		1,715		32,174
Corinthian Colleges, Inc.*(a)		19,366		43,380
DeVry, Inc.		8,627		259,500
K12, Inc.*(a)		1,800		55,980
Lincoln Educational Services Corp.		2,317		14,528
Mac-Gray Corp.		1,436		21,109
Matthews International Corp., Class A		1,057		40,885

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide U.S. Small Cap Value Fund



Common Stocks (continued)

	Shares		Market Value
Diversified Consumer Services (continued)
Regis Corp.		10,909	$	189,489
Service Corp. International		7,120		135,066
Stewart Enterprises, Inc., Class A		3,400		44,676

				991,240


Diversified Financial Services 0.6%
Interactive Brokers Group, Inc., Class A		3,410		55,242
Marlin Business Services Corp.		1,601		36,631
MicroFinancial, Inc.		1,653		13,422
NASDAQ OMX Group, Inc. (The)		10,941		354,489
NewStar Financial, Inc.*		6,586		101,424
PHH Corp.*		9,292		210,557
PICO Holdings, Inc.*		2,751		60,219
Resource America, Inc., Class A		2,032		16,866

				848,850


Diversified Telecommunication Services 0.4%
Atlantic Tele-Network, Inc.		526		26,826
Cbeyond, Inc.*		9,288		78,669
Consolidated Communications Holdings, Inc.		582		10,179
Frontier Communications Corp.(a)		20,426		89,057
General Communication, Inc., Class A*		11,580		102,483
Hawaiian Telcom Holdco, Inc.*(a)		427		11,879
HickoryTech Corp.		1,535		17,223
Inteliquent, Inc.		5,607		46,763
Iridium Communications, Inc.*(a)		7,904		66,552
ORBCOMM, Inc.*		7,386		35,601
Premiere Global Services, Inc.*		6,710		73,810
Primus Telecommunications Group, Inc.		1,553		18,605
Vonage Holdings Corp.*		215		692

				578,339


Electrical Equipment 1.1%
Allied Motion Technologies, Inc.		738		5,299
American Superconductor Corp.*(a)		6,222		15,617
AZZ, Inc.		4,316		163,274
Brady Corp., Class A		4,000		133,080
Encore Wire Corp.		3,906		162,919
EnerSys, Inc.		7,700		407,484
Franklin Electric Co., Inc.		400		14,904
General Cable Corp.		10,484		330,456
Global Power Equipment Group, Inc.		586		10,595
GrafTech International Ltd.*(a)		4,048		30,441
LSI Industries, Inc.		3,306		26,977
Ocean Power Technologies, Inc.*(a)		3,200		5,024
Orion Energy Systems, Inc.*		2,791		9,601
Powell Industries, Inc.*		1,095		53,874
PowerSecure International, Inc.*		3,210		52,259
Preformed Line Products Co.		281		20,499
Ultralife Corp.*		3,374		11,741
Vicor Corp.*		3,400		28,186

				1,482,230


Electronic Equipment, Instruments & Components 4.1%
Aeroflex Holding Corp.*		4,299		32,328
Agilysys, Inc.*		3,840		44,506
Arrow Electronics, Inc.*		5,533		252,581
Avnet, Inc.*		5,931		223,421
AVX Corp.		15,000		191,850
Benchmark Electronics, Inc.*		5,200		115,024
Checkpoint Systems, Inc.*		8,356		143,723
Coherent, Inc.		913		51,749
CTS Corp.		6,185		86,899
Daktronics, Inc.		1,137		12,370
DTS, Inc.*		1,013		22,934
Echelon Corp.*		359		808
Electro Rent Corp.		4,579		81,872
Electro Scientific Industries, Inc.		5,246		59,542
Fabrinet*		2,096		31,042
Frequency Electronics, Inc.		900		9,567
GSI Group, Inc.*		2,301		19,351
ID Systems, Inc.*		1,945		9,764
Identive Group, Inc.*(a)		4,603		3,517
IEC Electronics Corp.*		1,140		3,865
Ingram Micro, Inc., Class A*		31,600		721,428
Insight Enterprises, Inc.*		7,010		149,944
Iteris, Inc.*		1,700		3,043
Itron, Inc.*		4,030		173,774
KEMET Corp.*		9,314		40,609
Key Tronic Corp.*		2,680		30,391
LoJack Corp.*		1,025		3,413
Measurement Specialties, Inc.*		1,796		89,405
Mercury Systems, Inc.*		4,114		38,178
Methode Electronics, Inc.		9,675		182,761
Multi-Fineline Electronix, Inc.*		1,900		28,728
NAPCO Security Technologies, Inc.*		1,850		9,435
Newport Corp.*		7,821		114,578
PAR Technology Corp.*		1,700		7,140
Park Electrochemical Corp.		1,601		43,547
PC Connection, Inc.		1,900		32,224
PCM, Inc.*		2,073		20,813
Perceptron, Inc.		1,480		11,751
Planar Systems, Inc.*		1,900		3,572
Plexus Corp.*		5,596		195,692
Radisys Corp.*		3,068		12,671
RF Industries Ltd.		443		2,716
Richardson Electronics Ltd.		2,700		30,348
Rofin-Sinar Technologies, Inc.*		5,612		129,693
Rogers Corp.*		2,587		143,889
Sanmina Corp.*		16,473		271,146
ScanSource, Inc.*		3,561		126,807
SMTC Corp.*		2,189		4,159
SYNNEX Corp.*		11,003		544,869
Tech Data Corp.*		9,257		475,254
TTM Technologies, Inc.*		10,974		101,400
Viasystems Group, Inc.*		372		5,524
Vicon Industries, Inc.*		371		976
Vishay Intertechnology, Inc.*		30,628		440,737
Vishay Precision Group, Inc.*		830		13,463
Wayside Technology Group, Inc.		200		2,498
Zygo Corp.*		1,869		29,287

				5,632,576

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide U.S. Small Cap Value Fund



Common Stocks (continued)

	Shares		Market Value
Energy Equipment & Services 4.4%
Basic Energy Services, Inc.*(a)		11,347	$	129,810
Bolt Technology Corp.		934		16,933
Bristow Group, Inc.		5,890		400,579
C&J Energy Services, Inc.*(a)		6,638		128,445
Cal Dive International, Inc.*(a)		13,404		26,272
Dawson Geophysical Co.*		1,865		67,289
ENGlobal Corp.*		1,900		1,851
Era Group, Inc.*		5,604		136,682
Exterran Holdings, Inc.*		14,869		472,091
Forbes Energy Services Ltd.*		800		3,624
Global Geophysical Services, Inc.*		5,630		24,716
Gulf Island Fabrication, Inc.		2,673		66,103
GulfMark Offshore, Inc., Class A		4,982		245,364
Helix Energy Solutions Group, Inc.*		18,987		481,700
Hercules Offshore, Inc.*		30,067		207,462
Hornbeck Offshore Services, Inc.*		6,751		357,465
Key Energy Services, Inc.*		9,000		57,060
Matrix Service Co.*		6,030		95,576
Mitcham Industries, Inc.*		2,910		49,266
Nabors Industries Ltd.		10,926		168,151
Natural Gas Services Group, Inc.*		3,200		77,920
Newpark Resources, Inc.*		18,460		211,182
Nuverra Environmental Solutions, Inc.*(a)		1,508		4,449
Parker Drilling Co.*		23,499		142,639
Patterson-UTI Energy, Inc.		15,079		298,112
PHI, Inc., Non-Voting Shares*		2,499		87,965
Pioneer Energy Services Corp.*		10,270		69,631
Rowan Cos. PLC, Class A*		6,500		223,275
SEACOR Holdings, Inc.		4,636		405,928
Steel Excel, Inc.*		1,070		31,030
Superior Energy Services, Inc.*		10,968		281,000
Tesco Corp.*		4,610		61,036
TETRA Technologies, Inc.*		22,243		225,099
TGC Industries, Inc.		2,083		18,685
Tidewater, Inc.		5,680		335,063
Unit Corp.*		5,915		266,648
Willbros Group, Inc.*		13,279		95,343

				5,971,444


Food & Staples Retailing 0.7%
Andersons, Inc. (The)		4,878		289,363
Ingles Markets, Inc., Class A		3,258		92,723
Nash Finch Co.		2,971		69,670
Pantry, Inc. (The)*		6,928		86,253
Spartan Stores, Inc.		6,239		122,721
Susser Holdings Corp.*		3,733		193,071
Village Super Market, Inc., Class A		462		17,025
Weis Markets, Inc.		2,429		121,984

				992,810


Food Products 2.4%
Boulder Brands, Inc.*(a)		12,808		165,351
Cal-Maine Foods, Inc.		2,864		145,148
Chiquita Brands International, Inc.*		13,073		157,922
Diamond Foods, Inc.*(a)		3,591		73,220
Dole Food Co., Inc.*		14,046		181,193
Farmer Bros. Co.*		1,801		28,690
Fresh Del Monte Produce, Inc.		14,882		418,035
Griffin Land & Nurseries, Inc.		186		5,919
John B. Sanfilippo & Son, Inc.		300		6,474
Omega Protein Corp.*		4,187		35,045
Overhill Farms, Inc.*		522		2,600
Pilgrim’s Pride Corp.*		8,953		148,799
Post Holdings, Inc.*		7,565		350,940
Sanderson Farms, Inc.		2,842		200,759
Seaboard Corp.		64		180,480
Seneca Foods Corp., Class A*		1,711		60,142
Smithfield Foods, Inc.*		25,800		856,560
Snyders-Lance, Inc.		4,109		130,050
Tootsie Roll Industries, Inc.		900		30,474
TreeHouse Foods, Inc.*		596		42,310

				3,220,111


Gas Utilities 0.2%
UGI Corp.		7,297		306,401


Health Care Equipment & Supplies 2.0%
Alere, Inc.*		15,935		532,229
Alphatec Holdings, Inc.*		4,920		11,316
Analogic Corp.		1,302		92,950
AngioDynamics, Inc.*		3,318		39,650
Anika Therapeutics, Inc.*		2,200		44,242
Baxano Surgical, Inc.(a)		3,431		6,828
Cantel Medical Corp.		982		26,062
CONMED Corp.		2,200		72,160
Cooper Cos., Inc. (The)		1,345		171,286
CryoLife, Inc.		3,416		24,185
Cutera, Inc.*		2,161		20,637
Cynosure, Inc., Class A*		1,733		49,356
Digirad Corp.*		1,500		3,690
Exactech, Inc.*		1,845		39,834
Greatbatch, Inc.*		2,535		95,823
ICU Medical, Inc.*		854		61,223
Integra LifeSciences Holdings Corp.*		4,123		162,405
Invacare Corp.		5,401		84,310
Kewaunee Scientific Corp.		92		1,233
LeMaitre Vascular, Inc.		1,044		7,193
Medical Action Industries, Inc.*		4,203		38,626
Merit Medical Systems, Inc.*		5,370		70,562
Misonix, Inc.*		600		3,096
Natus Medical, Inc.*		7,710		98,611
NuVasive, Inc.*		7,165		163,505
Orthofix International NV*		327		7,426
Rochester Medical Corp.*		1,348		19,923
RTI Surgical, Inc.*		13,204		51,760
Solta Medical, Inc.*		6,509		17,639
SurModics, Inc.*		2,558		51,774
Symmetry Medical, Inc.*		10,512		91,559
Teleflex, Inc.		1,274		101,194
Theragenics Corp.*		3,000		6,120
West Pharmaceutical Services, Inc.		2,435		179,606
Wright Medical Group, Inc.*		9,010		247,054

				2,695,067


Health Care Providers & Services 3.5%
Addus HomeCare Corp.*		1,031		20,249
Almost Family, Inc.		1,742		33,324
Amedisys, Inc.*		7,244		90,622

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide U.S. Small Cap Value Fund



Common Stocks (continued)

	Shares		Market Value
Health Care Providers & Services (continued)
AMN Healthcare Services, Inc.*		8,273	$	122,275
Amsurg Corp.*		6,879		269,038
BioScrip, Inc.*		10,685		173,631
Capital Senior Living Corp.*		4,591		105,777
CardioNet, Inc.*		7,210		54,508
Chindex International, Inc.*		2,600		44,512
Community Health Systems, Inc.		10,775		496,296
Cross Country Healthcare, Inc.*		3,254		18,353
Ensign Group, Inc. (The)		1,137		43,479
ExamWorks Group, Inc.*		2,465		59,850
Five Star Quality Care, Inc.*		11,300		66,896
Gentiva Health Services, Inc.*		8,079		86,768
Hanger, Inc.*		5,565		205,460
Health Net, Inc.*		7,964		244,256
Healthways, Inc.*		6,242		107,113
Kindred Healthcare, Inc.*		14,154		217,405
LHC Group, Inc.*		4,529		103,895
LifePoint Hospitals, Inc.*		7,780		382,465
Magellan Health Services, Inc.*		6,211		354,959
MedCath Corp.*(c)		2,115		2,898
Molina Healthcare, Inc.*		3,418		126,876
National HealthCare Corp.		900		43,227
Omnicare, Inc.		10,500		554,295
PDI, Inc.*		1,600		7,440
PharMerica Corp.*		5,614		82,189
Providence Service Corp. (The)*		912		25,144
Select Medical Holdings Corp.		7,442		66,755
SunLink Health Systems, Inc.*		700		511
Triple-S Management Corp., Class B*		4,434		96,484
Universal American Corp.		11,710		126,936
VCA Antech, Inc.*		10,575		304,137

				4,738,023


Health Care Technology 0.2%
Arrhythmia Research Technology, Inc.*		200		464
MedAssets, Inc.*		8,062		175,510
Omnicell, Inc.*		5,297		111,766

				287,740


Hotels, Restaurants & Leisure 2.2%
Ambassadors Group, Inc.		201		732
Ark Restaurants Corp.		318		6,694
Biglari Holdings, Inc.*		188		78,313
Bob Evans Farms, Inc.		4,181		212,478
Boyd Gaming Corp.*(a)		13,332		177,449
Carrols Restaurant Group, Inc.*		2,371		15,578
Churchill Downs, Inc.		1,471		119,460
DineEquity, Inc.		2,973		207,129
Dover Downs Gaming & Entertainment, Inc.		1,000		1,460
Dover Motorsports, Inc.		1,000		2,610
Frisch’s Restaurants, Inc.		373		8,135
Full House Resorts, Inc.*		4,053		11,875
Gaming Partners International Corp.		341		2,902
International Speedway Corp., Class A		6,461		218,705
Isle of Capri Casinos, Inc.*		5,552		44,083
Life Time Fitness, Inc.*		528		28,137
Luby’s, Inc.*		3,390		27,256
Marcus Corp.		2,900		37,555
Marriott Vacations Worldwide Corp.*		5,756		253,264
Monarch Casino & Resort, Inc.*		1,893		38,807
MTR Gaming Group, Inc.*		2,160		7,754
Multimedia Games Holding Co., Inc.*		2,201		77,013
Nathan’s Famous, Inc.*		188		10,765
Orient-Express Hotels Ltd., Class A*		14,633		183,059
Red Lion Hotels Corp.*		1,000		6,650
Red Robin Gourmet Burgers, Inc.*		2,700		153,576
Rick’s Cabaret International, Inc.*		2,122		18,801
Ruby Tuesday, Inc.*		16,029		117,332
Scientific Games Corp., Class A*		10,234		139,489
Speedway Motorsports, Inc.		4,835		89,302
Vail Resorts, Inc.		2,100		140,658
Wendy’s Co. (The)		55,201		392,479
WMS Industries, Inc.*		7,147		184,035

				3,013,535


Household Durables 2.2%
Bassett Furniture Industries, Inc.		1,614		25,711
Beazer Homes USA, Inc.*(a)		4,168		71,648
Cavco Industries, Inc.*		1,086		59,502
Cobra Electronics Corp.*		800		2,096
CSS Industries, Inc.		1,000		26,630
Dixie Group, Inc. (The)*		700		6,293
Emerson Radio Corp.*		3,000		5,190
Flexsteel Industries, Inc.		648		16,129
Furniture Brands International, Inc.(a)		774		1,819
Helen of Troy Ltd.*		8,448		358,871
Hooker Furniture Corp.		2,384		40,075
Jarden Corp.*		11,550		525,178
KB Home(a)		12,417		220,402
Kid Brands, Inc.*		1,900		3,078
La-Z-Boy, Inc.		8,142		168,783
Lennar Corp., Class B		800		21,800
Lennar Corp., Class A		5,452		184,659
Lifetime Brands, Inc.		1,456		21,811
M.D.C. Holdings, Inc.		6,761		213,918
M/I Homes, Inc.*		5,757		122,394
Meritage Homes Corp.*		5,800		262,508
Mohawk Industries, Inc.*		2,987		355,423
NACCO Industries, Inc., Class A		1,972		120,943
Orleans Homebuilders, Inc.*(b)(c)		1,500		0
Ryland Group, Inc. (The)		3,902		157,797
Skyline Corp.*		1,050		5,134
Stanley Furniture Co., Inc.*(a)		2,120		7,314
Universal Electronics, Inc.*		1,672		51,548

				3,056,654


Household Products 0.2%
Central Garden and Pet Co., Class A*		4,329		32,641
Central Garden and Pet Co.*		2,100		15,729
Oil-Dri Corp. of America		461		14,687
Orchids Paper Products Co.		943		25,574
Spectrum Brands Holdings, Inc.		4,179		235,779

				324,410


Independent Power Producers & Energy Traders 0.2%
Dynegy, Inc.*(a)		4,813		100,303
Genie Energy Ltd., Class B*		1,752		18,063
Ormat Technologies, Inc.		4,115		94,768
Synthesis Energy Systems, Inc.*(a)		419		352

				213,486

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide U.S. Small Cap Value Fund



Common Stocks (continued)

	Shares		Market Value
Information Technology Services 1.3%
Acxiom Corp.*		8,100	$	208,737
CACI International, Inc., Class A*(a)		3,439		228,350
CIBER, Inc.*		15,843		57,669
Convergys Corp.		18,583		351,776
CoreLogic, Inc.*		11,500		320,850
CSG Systems International, Inc.		2,071		49,041
Dynamics Research Corp.*		2,200		12,386
Edgewater Technology, Inc.*		400		2,460
Euronet Worldwide, Inc.*		3,735		137,485
Hackett Group, Inc. (The)		8,020		44,591
ManTech International Corp., Class A		3,611		106,669
ModusLink Global Solutions, Inc.*		4,527		14,079
NCI, Inc., Class A*		1,153		5,223
Official Payments Holdings, Inc.*		111		794
StarTek, Inc.*		2,764		14,732
Sykes Enterprises, Inc.*		6,502		114,175
TeleTech Holdings, Inc.*		300		7,515
Virtusa Corp.*		2,177		56,123

				1,732,655


Insurance 7.5%
Allied World Assurance Co. Holdings AG		2,937		277,987
American Equity Investment Life Holding Co.		14,026		255,273
American Financial Group, Inc.		7,990		413,003
American National Insurance Co.		1,289		145,013
American Safety Insurance Holdings Ltd.*		1,822		54,587
AMERISAFE, Inc.		2,432		86,895
Argo Group International Holdings Ltd.		3,451		154,087
Aspen Insurance Holdings Ltd.		5,907		221,453
Assurant, Inc.		11,838		641,146
Assured Guaranty Ltd.		18,265		395,255
CNO Financial Group, Inc.		45,012		642,771
Donegal Group, Inc., Class A		2,513		34,554
Eastern Insurance Holdings, Inc.		1,180		23,045
EMC Insurance Group, Inc.		300		8,700
Employers Holdings, Inc.		466		12,251
Endurance Specialty Holdings Ltd.		12,149		639,402
Enstar Group Ltd.*		978		140,519
FBL Financial Group, Inc., Class A		2,316		102,437
Federated National Holding Co.		1,151		11,729
First Acceptance Corp.*		3,404		6,263
First American Financial Corp.		17,600		400,048
Global Indemnity PLC*		2,101		54,584
Greenlight Capital Re Ltd., Class A*		716		18,931
Hallmark Financial Services, Inc.*(a)		2,313		22,598
Hanover Insurance Group, Inc. (The)		9,149		492,491
HCI Group, Inc.		823		30,040
Hilltop Holdings, Inc.*		7,080		120,572
Horace Mann Educators Corp.		4,553		129,032
Independence Holding Co.(a)		2,090		29,323
Investors Title Co.		130		9,694
Kemper Corp.		13,154		459,732
Maiden Holdings Ltd.		8,655		105,245
Markel Corp.*		260		137,800
MBIA, Inc.*		26,469		357,332
Meadowbrook Insurance Group, Inc.		3,845		29,184
Montpelier Re Holdings Ltd.		6,171		166,679
National Western Life Insurance Co., Class A		140		29,953
Navigators Group, Inc. (The)*		1,000		57,960
Old Republic International Corp.		20,261		292,771
OneBeacon Insurance Group Ltd., Class A		1,800		26,100
Phoenix Cos., Inc. (The)*		919		39,214
Platinum Underwriters Holdings Ltd.		7,459		433,293
ProAssurance Corp.		4,300		230,179
Protective Life Corp.		13,511		585,432
Reinsurance Group of America, Inc.		4,500		306,405
Safety Insurance Group, Inc.		1,100		59,147
Selective Insurance Group, Inc.		3,625		88,631
StanCorp Financial Group, Inc.		6,403		339,935
State Auto Financial Corp.		3,071		62,341
Stewart Information Services Corp.		3,037		93,934
Symetra Financial Corp.		16,134		290,089
Tower Group International Ltd.		10,180		222,637
United Fire Group, Inc.		2,100		54,621
Universal Insurance Holdings, Inc.		5,088		39,992
Validus Holdings Ltd.		4,079		144,519

				10,226,808


Internet & Catalog Retail 0.2%
1-800-FLOWERS.COM, Inc., Class A*		6,313		41,540
dELiAs, Inc.		1,700		2,550
Gaiam, Inc., Class A*		605		2,946
Hollywood Media Corp.*		1,736		2,257
Orbitz Worldwide, Inc.*(a)		3,202		29,490
Shutterfly, Inc.*		1,800		96,462
ValueVision Media, Inc., Class A*		7,113		42,180

				217,425


Internet Software & Services 1.5%
Active Network, Inc. (The)*		8,715		74,339
AOL, Inc.*		11,184		412,019
Bankrate, Inc.*		6,333		113,551
Blucora, Inc.*		9,727		194,540
BroadVision, Inc.*(a)		530		4,929
Dealertrack Technologies, Inc.*		700		26,180
Digital River, Inc.*		6,207		105,457
EarthLink, Inc.		30,776		192,966
Internap Network Services Corp.*		6,047		49,283
IntraLinks Holdings, Inc.*		8,703		82,678
Keynote Systems, Inc.		3,401		67,782
Limelight Networks, Inc.*		16,512		39,629
Marchex, Inc., Class B		7,300		44,530
Market Leader, Inc.*		2,095		24,532
Monster Worldwide, Inc.*		13,653		78,095

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide U.S. Small Cap Value Fund



Common Stocks (continued)

	Shares		Market Value
Internet Software & Services (continued)
Perficient, Inc.*		3,093	$	42,219
QuinStreet, Inc.*		3,027		28,181
RealNetworks, Inc.*		4,608		36,265
Reis, Inc.*		400		7,360
Support.com, Inc.*		3,456		17,453
TechTarget, Inc.*		4,156		22,401
TheStreet, Inc.*		4,044		8,128
United Online, Inc.		28,098		228,156
XO Group, Inc.*		7,450		89,102

				1,989,775


Leisure Equipment & Products 0.3%
Callaway Golf Co.		20,024		143,772
Escalade, Inc.		200		1,290
JAKKS Pacific, Inc.(a)		744		4,471
Johnson Outdoors, Inc., Class A*		310		7,896
LeapFrog Enterprises, Inc.*(a)		6,569		75,675
Nautilus, Inc.*		2,800		24,584
Steinway Musical Instruments, Inc.*		2,316		84,187

				341,875


Life Sciences Tools & Services 0.5%
Affymetrix, Inc.*(a)		18,611		70,722
Albany Molecular Research, Inc.*		4,093		52,022
Bio-Rad Laboratories, Inc., Class A*		175		21,348
Cambrex Corp.*		1,685		24,685
Enzo Biochem, Inc.*		500		1,090
Furiex Pharmaceuticals, Inc.*		202		8,886
Harvard Bioscience, Inc.*		4,033		21,577
Pacific Biosciences of California, Inc.*		11,326		29,334
PAREXEL International Corp.*		500		24,725
PerkinElmer, Inc.		11,328		386,172

				640,561


Machinery 3.3%
Accuride Corp.*		4,112		23,521
Actuant Corp., Class A		885		31,249
Adept Technology, Inc.*		1,531		5,435
Alamo Group, Inc.		3,290		137,094
Albany International Corp., Class A		4,353		150,222
Altra Holdings, Inc.		4,868		121,408
American Railcar Industries, Inc.(a)		3,556		127,767
Ampco-Pittsburgh Corp.		639		12,294
Astec Industries, Inc.		4,208		147,280
Barnes Group, Inc.		9,800		323,400
Briggs & Stratton Corp.		11,092		224,613
CIRCOR International, Inc.		1,831		96,164
Columbus McKinnon Corp.*		1,996		44,152
Douglas Dynamics, Inc.		3,542		50,899
Dynamic Materials Corp.		3,442		66,740
Eastern Co. (The)		399		6,671
Energy Recovery, Inc.*		2,906		12,699
EnPro Industries, Inc.*		3,189		181,231
ESCO Technologies, Inc.		2,739		94,852
Federal Signal Corp.*		15,450		149,865
Flow International Corp.*		4,235		16,347
FreightCar America, Inc.		2,335		42,520
Gencor Industries, Inc.*		499		3,842
Greenbrier Cos., Inc. (The)*		8,245		188,563
Hardinge, Inc.		2,600		41,132
Harsco Corp.		5,699		146,806
Hurco Cos., Inc.		943		26,876
Hyster-Yale Materials Handling, Inc.		1,802		117,148
Kadant, Inc.		600		19,644
Kaydon Corp.		1,191		34,634
Key Technology, Inc.*		300		4,344
LB Foster Co., Class A		1,427		66,327
Lydall, Inc.*		1,200		18,672
Met-Pro Corp.		2,782		37,974
MFRI, Inc.*		700		7,588
Miller Industries, Inc.		2,623		43,516
Mueller Industries, Inc.		300		16,467
Mueller Water Products, Inc., Class A		14,333		110,938
NN, Inc.		4,726		58,130
Oshkosh Corp.*		2,700		121,014
Standex International Corp.		1,572		92,795
Tecumseh Products Co., Class A*		2,827		32,454
Terex Corp.*		13,044		384,537
Titan International, Inc.		370		6,379
Trinity Industries, Inc.		15,928		627,085
Watts Water Technologies, Inc., Class A		3,888		203,265

				4,476,553


Marine 0.2%
Baltic Trading Ltd.		904		3,399
Eagle Bulk Shipping, Inc.*		1,450		5,568
Genco Shipping & Trading Ltd.*		9,151		19,034
International Shipholding Corp.		300		8,202
Matson, Inc.		6,764		191,556
Ultrapetrol (Bahamas) Ltd.*		4,066		12,483

				240,242


Media 2.5%
AH Belo Corp., Class A		2,587		19,402
Ballantyne Strong, Inc.*		1,504		6,166
Belo Corp., Class A		15,800		225,308
Central European Media Enterprises Ltd., Class A*		6,938		23,312
Clear Channel Outdoor Holdings, Inc., Class A*		554		4,111
CTC Media, Inc.		7,516		83,428
Cumulus Media, Inc., Class A*		6,396		27,375
Digital Generation, Inc.*(a)		6,328		49,042
DreamWorks Animation SKG, Inc., Class A*(a)		8,906		220,513
E.W. Scripps Co. (The), Class A*		10,873		180,601
Entercom Communications Corp., Class A*		7,800		76,518
FAB Universal Corp.*(a)		190		762
Fisher Communications, Inc.		400		16,388
Gannett Co., Inc.		8,944		230,397
Gray Television, Inc.*		15,684		122,492
Harte-Hanks, Inc.		12,274		117,339
Journal Communications, Inc., Class A*		11,661		106,815
Live Nation Entertainment, Inc.*		23,114		378,607
Madison Square Garden Co. (The), Class A*		5,753		339,254
Martha Stewart Living Omnimedia, Class A*		1,415		3,552

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide U.S. Small Cap Value Fund



Common Stocks (continued)

	Shares		Market Value
Media (continued)
McClatchy Co. (The), Class A*(a)		15,398	$	47,888
Media General, Inc., Class A*(a)		4,890		53,741
Meredith Corp.		5,055		240,214
Orchard Enterprises, Inc. (The), ADR*(b)(c)		200		0
Radio One, Inc., Class D*(a)		7,300		16,206
Saga Communications, Inc., Class A		533		27,636
Salem Communications Corp., Class A		4,000		30,280
Scholastic Corp.		200		6,100
Starz, Class A*		2,349		53,017
Valassis Communications, Inc.(a)		6,153		176,160
Washington Post Co. (The), Class B(a)		900		483,624

				3,366,248


Metals & Mining 2.6%
AM Castle & Co.*(a)		5,579		94,955
Century Aluminum Co.*		21,461		180,058
Coeur Mining, Inc.*		21,453		287,685
Commercial Metals Co.		20,115		311,581
Freeport-McMoRan Copper & Gold, Inc.		44		1,244
Friedman Industries, Inc.		1,708		16,841
Golden Minerals Co.*(a)		2,700		3,699
Haynes International, Inc.		400		19,240
Hecla Mining Co.		31,841		102,846
Horsehead Holding Corp.*		13,476		165,081
Kaiser Aluminum Corp.		3,058		199,534
Materion Corp.		5,295		159,591
McEwen Mining, Inc.*(a)		21,808		42,744
Noranda Aluminum Holding Corp.		8,038		24,998
Olympic Steel, Inc.		2,883		80,292
Reliance Steel & Aluminum Co.		5,235		367,497
RTI International Metals, Inc.*		6,559		201,033
Schnitzer Steel Industries, Inc., Class A		4,037		103,589
Steel Dynamics, Inc.		31,400		488,584
Stillwater Mining Co.*(a)		20,991		253,991
SunCoke Energy, Inc.*		6,567		103,759
Synalloy Corp.		400		6,628
United States Steel Corp.(a)		794		13,776
Universal Stainless & Alloy Products, Inc.*		1,562		40,300
Worthington Industries, Inc.		8,522		304,832

				3,574,378


Multiline Retail 1.2%
Dillard’s, Inc., Class A		9,100		768,313
Fred’s, Inc., Class A		8,647		148,728
Saks, Inc.*		28,826		461,793
Sears Holdings Corp.*(a)		4,409		201,932

				1,580,766


Oil, Gas & Consumable Fuels 4.3%
Alon USA Energy, Inc.		10,271		140,302
Alpha Natural Resources, Inc.*		29,575		160,888
Approach Resources, Inc.*		3,447		91,311
Arch Coal, Inc.(a)		17,118		66,760
Berry Petroleum Co., Class A		1,200		48,660
Bill Barrett Corp.*(a)		6,715		150,550
BPZ Resources, Inc.*		24,002		57,845
Callon Petroleum Co.*		5,830		23,320
Clayton Williams Energy, Inc.*		1,705		97,066
Cloud Peak Energy, Inc.*		10,495		168,235
Comstock Resources, Inc.		12,901		216,350
Contango Oil & Gas Co.		1,587		61,353
Crimson Exploration, Inc.*		5,318		17,071
Crosstex Energy, Inc.		4,337		87,130
CVR Energy, Inc.*(c)		15,772		0
Delek US Holdings, Inc.		13,041		394,490
DHT Holdings, Inc.		1,056		4,910
Double Eagle Petroleum Co.*		3,400		11,866
Emerald Oil, Inc.*		5,319		38,297
EPL Oil & Gas, Inc.*		6,261		201,354
Gastar Exploration Ltd.*		574		1,894
Green Plains Renewable Energy, Inc.*		9,109		150,845
Harvest Natural Resources, Inc.*(a)		10,400		42,848
HKN, Inc.*		46		3,220
James River Coal Co.*(a)		8,394		16,620
Knightsbridge Tankers Ltd.(a)		1,604		12,287
Lucas Energy, Inc.*		3,707		5,042
Magnum Hunter Resources Corp.*(a)		12,361		47,343
Matador Resources Co.*		3,184		41,710
Nordic American Tankers Ltd.(a)		457		4,332
Overseas Shipholding Group, Inc.*(a)		3,400		13,770
PDC Energy, Inc.*		6,710		370,056
Penn Virginia Corp.*		17,318		87,283
PetroQuest Energy, Inc.*		3,800		17,100
Renewable Energy Group, Inc.*		7,839		122,132
Rex Energy Corp.*		6,400		122,816
SandRidge Energy, Inc.*(a)		10		54
SemGroup Corp., Class A		537		30,308
Ship Finance International Ltd.(a)		9,817		157,956
Stone Energy Corp.*		11,501		280,164
Swift Energy Co.*(a)		7,500		95,550
Teekay Corp.		7,140		283,244
Tesoro Corp.		22,600		1,284,810
Triangle Petroleum Corp.*		10,421		73,989
USEC, Inc.*(a)		472		9,393
Verenium Corp.*(a)		236		514
Warren Resources, Inc.*		12,071		34,644
Western Refining, Inc.(a)		13,600		409,768
WPX Energy, Inc.*		8,489		163,074

				5,920,524


Paper & Forest Products 1.5%
Buckeye Technologies, Inc.		6,900		256,818
Clearwater Paper Corp.*		2,700		132,084
Domtar Corp.		8,334		579,296
KapStone Paper and Packaging Corp.		7,663		337,555
Louisiana-Pacific Corp.*		21,835		355,037
Mercer International, Inc.*		9,600		66,432
Neenah Paper, Inc.		2,214		87,608
P.H. Glatfelter Co.		3,742		99,051
Resolute Forest Products, Inc.*(a)		12,249		186,920

				2,100,801


Personal Products 0.3%
CCA Industries, Inc.		500		1,745
Elizabeth Arden, Inc.*		1,500		61,590

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide U.S. Small Cap Value Fund



Common Stocks (continued)

	Shares		Market Value
Personal Products (continued)
Inter Parfums, Inc.		1,134	$	37,399
Mannatech, Inc.*		180		2,405
Nutraceutical International Corp.		2,121		47,129
Prestige Brands Holdings, Inc.*		8,368		283,759

				434,027


Pharmaceuticals 0.4%
Cumberland Pharmaceuticals, Inc.*		3,851		21,566
Hi-Tech Pharmacal Co., Inc.(a)		600		21,564
Lannett Co., Inc.*		2,684		37,281
Pozen, Inc.*		2,379		13,679
SciClone Pharmaceuticals, Inc.*		9,673		60,553
Transcept Pharmaceuticals, Inc.*		1,237		3,476
ViroPharma, Inc.*		10,278		352,741

				510,860


Professional Services 1.4%
Barrett Business Services, Inc.		1,500		105,390
CBIZ, Inc.*		7,280		52,853
CDI Corp.		3,055		48,055
CRA International, Inc.*		1,679		32,136
Dolan Co. (The)*		2,303		5,850
Franklin Covey Co.*		4,213		67,998
FTI Consulting, Inc.*		8,562		319,020
GP Strategies Corp.*		4,123		108,888
Heidrick & Struggles International, Inc.		2,358		36,266
Hill International, Inc.*		5,280		16,579
Hudson Global, Inc.*		4,050		9,598
Huron Consulting Group, Inc.*		1,172		59,702
ICF International, Inc.*		3,713		123,977
Kelly Services, Inc., Class A		12,514		244,899
Korn/Ferry International*		6,888		134,523
Manpowergroup, Inc.		964		64,463
National Technical Systems, Inc.*		400		6,380
Navigant Consulting, Inc.*		7,022		94,235
On Assignment, Inc.*		6,903		210,749
Pendrell Corp.*		15,303		36,727
RCM Technologies, Inc.		400		2,168
Resources Connection, Inc.		7,118		94,669
Volt Information Sciences, Inc.*(a)		1,900		13,300
VSE Corp.		999		43,237

				1,931,662


Real Estate Investment Trusts (REITs) 0.3%
Geo Group, Inc. (The)		8,167		283,558
Ryman Hospitality Properties, Inc.(a)		2,067		76,996

				360,554


Real Estate Management & Development 0.4%
Alexander & Baldwin, Inc.*		7,464		330,581
AV Homes, Inc.*		2,103		33,964
Consolidated-Tomoka Land Co.		504		19,580
Forestar Group, Inc.*		5,963		128,860
Thomas Properties Group, Inc.		9,577		54,206
ZipRealty, Inc.*		1,900		6,308

				573,499


Road & Rail 1.4%
AMERCO		800		133,056
Arkansas Best Corp.		7,253		157,390
Avis Budget Group, Inc.*		18,883		597,458
Celadon Group, Inc.		3,854		77,504
Con-way, Inc.		6,600		273,570
Covenant Transportation Group, Inc., Class A*		473		3,032
Frozen Food Express Industries*		800		1,672
Marten Transport Ltd.		5,894		101,141
PAM Transportation Services, Inc.		1,172		14,029
Patriot Transportation Holding, Inc.*		244		8,406
Roadrunner Transportation Systems, Inc.*		1,084		32,769
Ryder System, Inc.		6,066		375,121
Saia, Inc.*		3,478		104,131
Universal Truckload Services, Inc.*		1,147		31,623
USA Truck, Inc.*		1,450		9,005
Werner Enterprises, Inc.		553		13,305

				1,933,212


Semiconductors & Semiconductor Equipment 5.2%
Advanced Energy Industries, Inc.*		7,773		168,363
Alpha & Omega Semiconductor Ltd.*		1,600		12,240
Amkor Technology, Inc.*(a)		7,481		31,570
Amtech Systems, Inc.*		3,315		22,708
ANADIGICS, Inc.*		6,380		13,717
Applied Micro Circuits Corp.*		900		10,683
ASML Holding NV, NYRS-NL		986		88,641
ATMI, Inc.*		7,835		194,700
Axcelis Technologies, Inc.*		12,700		27,686
AXT, Inc.*		4,715		13,202
Brooks Automation, Inc.		23,201		227,834
BTU International, Inc.*		900		2,475
Cascade Microtech, Inc.*		1,518		10,641
Cohu, Inc.		3,875		45,725
Cree, Inc.*		8,679		606,662
CyberOptics Corp.*		400		2,396
Diodes, Inc.*		4,789		131,267
DSP Group, Inc.*		3,913		29,152
Entropic Communications, Inc.*		13,765		60,979
Exar Corp.*		6,231		81,065
Fairchild Semiconductor International, Inc.*		30,633		386,589
First Solar, Inc.*		7,977		392,788
FormFactor, Inc.*		14,193		103,183
GigOptix, Inc.*		427		547
GSI Technology, Inc.*		2,500		17,375
Ikanos Communications, Inc.*		4,200		5,376
Inphi Corp.*		1,324		15,438
Integrated Device Technology, Inc.*		23,123		208,338
Integrated Silicon Solution, Inc.*		7,289		87,249
International Rectifier Corp.*		14,824		357,407
Intersil Corp., Class A		20,183		206,068
IXYS Corp.		4,321		48,568
Kopin Corp.*		12,921		47,937
Kulicke & Soffa Industries, Inc.*		17,884		208,706
Lattice Semiconductor Corp.*		22,725		117,261
LTX-Credence Corp.*		6,608		35,419
Magnachip Semiconductor Corp.*		3,400		69,904
Mattson Technology, Inc.*(a)		2,700		6,048
MaxLinear, Inc., Class A*		1,093		7,575
MEMSIC, Inc.*		300		1,248
MKS Instruments, Inc.		14,152		383,802

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide U.S. Small Cap Value Fund



Common Stocks (continued)

	Shares		Market Value
Semiconductors & Semiconductor Equipment (continued)
MoSys, Inc.*		1,867	$	7,673
Nanometrics, Inc.*		2,920		44,851
NeoPhotonics Corp.*		1,200		10,536
OmniVision Technologies, Inc.*		15,043		244,599
PDF Solutions, Inc.*		512		10,506
Pericom Semiconductor Corp.*		3,831		29,307
Photronics, Inc.*		12,155		92,986
PLX Technology, Inc.*		1,600		8,768
PMC-Sierra, Inc.*		14,492		95,720
Rambus, Inc.*		5,600		54,600
Rubicon Technology, Inc.*(a)		5,791		48,760
Rudolph Technologies, Inc.*		10,314		127,378
Sigma Designs, Inc.*		7,261		37,902
Silicon Image, Inc.*		8,373		47,977
Spansion, Inc., Class A*		8,299		97,928
STR Holdings, Inc.*		4,000		10,680
SunEdison, Inc.*		34,550		348,264
SunPower Corp.*(a)		16,685		461,340
Supertex, Inc.		1,559		41,906
Tessera Technologies, Inc.		8,307		166,722
TriQuint Semiconductor, Inc.*		43,600		348,364
Ultra Clean Holdings, Inc.*		1,100		7,623
Veeco Instruments, Inc.*(a)		5,633		195,803

				7,028,725


Software 0.6%
Accelrys, Inc.*		5,286		46,147
AsiaInfo-Linkage, Inc.*		4,900		57,085
BSQUARE Corp.*		700		1,953
EPIQ Systems, Inc.		6,249		81,299
ePlus, Inc.		892		56,633
Gerber Scientific, Inc.*(a)(b)(c)		4,000		0
GSE Systems, Inc.*		2,512		4,446
Mentor Graphics Corp.		6,272		128,764
Progress Software Corp.*		4,660		119,249
Rosetta Stone, Inc.*		1,877		30,670
Rovi Corp.*		2,656		59,840
Seachange International, Inc.*		5,351		63,035
Smith Micro Software, Inc.*		5,832		6,707
SS&C Technologies Holdings, Inc.*		3,019		108,020
TeleCommunication Systems, Inc., Class A*		10,728		28,966
Telenav, Inc.*		1,900		11,647

				804,461


Specialty Retail 5.3%
Aaron’s, Inc.		709		20,320
America’s Car-Mart, Inc.*		1,788		77,385
Barnes & Noble, Inc.*		16,595		296,221
bebe stores, inc.		19,178		114,684
Big 5 Sporting Goods Corp.		1,914		38,797
Body Central Corp.*		1,964		23,686
Books-A-Million, Inc.*(a)		1,900		4,712
Brown Shoe Co., Inc.		8,563		203,543
Build-A-Bear Workshop, Inc.*		4,000		28,440
Cabela’s, Inc.*		12,400		851,136
Cache, Inc.*		2,249		9,446
Cato Corp. (The), Class A		444		12,499
Christopher & Banks Corp.*		6,160		42,134
Citi Trends, Inc.*		2,357		33,210
Conn’s, Inc.*(a)		6,625		428,107
Destination XL Group, Inc.*		7,900		50,955
Finish Line, Inc. (The), Class A		2,700		60,102
GameStop Corp., Class A(a)		28,422		1,394,383
Genesco, Inc.*		1,600		112,608
Group 1 Automotive, Inc.		6,491		472,480
Haverty Furniture Cos., Inc.		4,796		124,696
hhgregg, Inc.*(a)		6,217		97,545
Lithia Motors, Inc., Class A		4,124		269,050
MarineMax, Inc.*		7,037		81,840
Men’s Wearhouse, Inc. (The)		7,229		288,654
New York & Co., Inc.*		3,308		20,609
Office Depot, Inc.*		43,701		189,225
OfficeMax, Inc.		15,580		177,456
Pacific Sunwear of California, Inc.*(a)		11,800		52,510
Penske Automotive Group, Inc.		10,729		398,904
Pep Boys-Manny, Moe & Jack (The)*		12,500		155,625
Perfumania Holdings, Inc.*		220		1,144
RadioShack Corp.*(a)		13,079		35,706
Rent-A-Center, Inc.		10,061		402,339
Shoe Carnival, Inc.		4,639		123,908
Sonic Automotive, Inc., Class A		2,981		65,999
Stage Stores, Inc.		2,400		59,904
Stein Mart, Inc.		8,627		120,519
Systemax, Inc.		2,270		21,860
Tandy Leather Factory, Inc.*		200		1,754
Trans World Entertainment Corp.		2,150		10,750
West Marine, Inc.*		3,667		39,824
Wet Seal, Inc. (The), Class A*		20,511		90,043
Zale Corp.*		13,921		129,187

				7,233,899


Textiles, Apparel & Luxury Goods 1.5%
Charles & Colvard Ltd.*		1,807		8,384
Columbia Sportswear Co.(a)		4,244		273,823
Culp, Inc.		928		17,855
Delta Apparel, Inc.*		158		2,536
G-III Apparel Group Ltd.*		3,729		191,894
Iconix Brand Group, Inc.*		15,064		494,702
Jones Group, Inc. (The)		15,841		260,109
Lakeland Industries, Inc.*		200		864
Maidenform Brands, Inc.*		2,300		53,728
Movado Group, Inc.		4,906		178,971
Perry Ellis International, Inc.		4,123		82,872
Quiksilver, Inc.*		25,943		163,960

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide U.S. Small Cap Value Fund



Common Stocks (continued)

	Shares		Market Value
Textiles, Apparel & Luxury Goods (continued)
RG Barry Corp.		1,108	$	19,202
Rocky Brands, Inc.		932		16,105
Skechers U.S.A., Inc., Class A*		10,520		286,985
Superior Uniform Group, Inc.		300		3,486
Unifi, Inc.*		2,451		56,226

				2,111,702


Thrifts & Mortgage Finance 2.3%
Astoria Financial Corp.		16,203		197,677
Atlantic Coast Financial Corp.*		235		1,130
Banc of California, Inc.		1,616		23,788
Bank Mutual Corp.		5,832		36,217
BankFinancial Corp.		2,879		24,759
BBX Capital Corp., Class A*		1,778		25,230
Beneficial Mutual Bancorp, Inc.*		6,207		53,504
Berkshire Hills Bancorp, Inc.		3,985		104,008
BofI Holding, Inc.*		1,200		65,100
Brookline Bancorp, Inc.		14,771		145,642
Cape Bancorp, Inc.		600		5,628
Capitol Federal Financial, Inc.		2,080		26,229
Dime Community Bancshares, Inc.		3,153		55,335
Doral Financial Corp.*		305		7,323
ESB Financial Corp.		837		10,973
ESSA Bancorp, Inc.		1,800		20,430
Federal Agricultural Mortgage Corp., Class C		1,400		43,526
First Defiance Financial Corp.		926		24,446
First Financial Northwest, Inc.		2,600		27,716
First Place Financial Corp.*		367		1
Flagstar Bancorp, Inc.*(a)		2,856		46,838
Fox Chase Bancorp, Inc.		641		11,230
Franklin Financial Corp.		1,418		25,907
HF Financial Corp.		155		2,082
Hingham Institution for Savings		82		5,893
Home Bancorp, Inc.*		983		17,940
HopFed Bancorp, Inc.		12		133
Hudson City Bancorp, Inc.		14,205		135,800
Louisiana Bancorp, Inc.*		600		10,932
Meridian Interstate Bancorp, Inc.*		203		4,153
MGIC Investment Corp.*		14,687		112,209
Northeast Community Bancorp, Inc.		300		1,968
Northfield Bancorp, Inc.		2,384		27,940
Northwest Bancshares, Inc.		10,676		147,542
OceanFirst Financial Corp.		2,296		39,216
Oritani Financial Corp.		888		14,439
People’s United Financial, Inc.		29,678		445,170
Provident Financial Holdings, Inc.		1,200		21,000
Provident Financial Services, Inc.		7,000		124,530
Provident New York Bancorp(a)		3,923		42,565
Pulaski Financial Corp.		573		5,736
Radian Group, Inc.(a)		9,800		137,690
Riverview Bancorp, Inc.*		670		1,742
Rockville Financial, Inc.		2,616		34,270
SI Financial Group, Inc.		1,087		12,305
Simplicity Bancorp, Inc.		412		6,102
Teche Holding Co.		71		3,240
Territorial Bancorp, Inc.		630		14,326
Tree.com, Inc.		1,200		22,668
TrustCo Bank Corp. NY		11,276		66,979
United Community Financial Corp.*		5,302		24,495
United Financial Bancorp, Inc.		2,317		36,168
Walker & Dunlop, Inc.*		2,658		49,014
Washington Federal, Inc.		20,793		452,248
Waterstone Financial, Inc.*		1,700		18,496
Westfield Financial, Inc.		6,098		42,442
WSFS Financial Corp.		183		10,894

				3,074,964


Tobacco 0.2%
Alliance One International, Inc.*		25,394		96,751
Universal Corp.		3,217		197,202

				293,953


Trading Companies & Distributors 1.3%
Aceto Corp.		4,030		62,546
Aircastle Ltd.		3,600		63,288
Applied Industrial Technologies, Inc.		465		24,254
Beacon Roofing Supply, Inc.*		5,115		208,641
CAI International, Inc.*		3,088		64,817
GATX Corp.		10,900		492,462
H&E Equipment Services, Inc.		6,083		138,936
Houston Wire & Cable Co.		1,022		15,156
Kaman Corp.		851		32,219
Lawson Products, Inc.*		889		10,784
Rush Enterprises, Inc., Class A*		7,111		177,206
TAL International Group, Inc.*(a)		9,079		365,430
Titan Machinery, Inc.*(a)		5,779		110,321
Willis Lease Finance Corp.*		606		8,629

				1,774,689


Water Utilities 0.0%†
Consolidated Water Co., Ltd.		2,441		28,950
SJW Corp.		529		14,754

				43,704


Wireless Telecommunication Services 0.6%
Leap Wireless International, Inc.*		11,649		194,305
NII Holdings, Inc.*(a)		8,451		60,678
Shenandoah Telecommunications Co.		1,889		36,401
Telephone & Data Systems, Inc.		7,036		186,525
T-Mobile US, Inc.*		8,475		204,332
United States Cellular Corp.		2,008		79,738
USA Mobility, Inc.		3,714		58,013

				819,992

Total Common Stocks (cost $102,349,845)				134,288,436

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide U.S. Small Cap Value Fund



Right 0.0%†

	Number of Rights		Market Value
Health Care Equipment & Supplies 0.0%†
Wright Medical Group, Inc., expiring 03/01/19*		8,100	$	24,300

Total Right (cost $—)				24,300


Warrant 0.0%†

	Number of Warrants		Market Value
Health Care Equipment & Supplies 0.0%†
PhotoMedex, Inc., expiring 12/13/14*(a)(b)(c)		60		0

Total Warrant (cost $—)				0


Mutual Fund 1.9%

	Shares		Market Value
Money Market Fund 1.9%
Fidelity Institutional Money Market Fund - Institutional Class, 0.11% (d)		2,613,008		2,613,008

Total Mutual Fund (cost $2,613,008)				2,613,008


Repurchase Agreements 5.8%

	Principal Amount		Market Value
BNP Paribas Securities Corp., 0.07%, dated 07/31/13, due 08/01/13, repurchase price $2,000,004, collateralized by U.S. Government Agency Securities ranging from 0.00% - 5.38%, maturing 08/05/13 - 05/04/37; total market value $2,040,004. (e)	$	2,000,000		2,000,000
Credit Suisse (USA) LLC, 0.08%, dated 07/31/13, due 08/01/13, repurchase price $5,906,930, collateralized by U.S. Government Agency Securities ranging from 0.00% - 1.74%, maturing 07/15/18 - 05/04/37; total market value $6,025,100. (e)		5,906,917		5,906,917

Total Repurchase Agreements (cost $7,906,917)				7,906,917

Total Investments (cost $112,869,770) (f) — 106.1%				144,832,661
Liabilities in excess of other assets — (6.1%)				(8,370,980	)

NET ASSETS — 100.0%			$	136,461,681

*	Denotes a non-income producing security.

(a)

The security or a portion of this security is on loan at July 31, 2013. The total value of securities on loan at July 31, 2013 was $7,744,518, which was collateralized by repurchase agreements with a value of $7,906,917 and $1,544 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.63% - 1.25%, and maturity dates ranging from 10/31/15 to 11/31/17, a total value of $7,908,461.

(b)	Illiquid security

(c)	Fair Valued Security

(d)	Represents 7-day effective yield as of July 31, 2013.

(e)	The security was purchased with cash collateral held from securities on loan. The total value of securities purchased with cash collateral as of July 31, 2013 was $7,906,917.

(f)	At July 31, 2013, the tax basis cost of the Fund’s investments was $112,869,848, tax unrealized appreciation and depreciation were $37,785,549 and $(5,822,736), respectively.

†	Amount rounds to less than 0.1%.

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide U.S. Small Cap Value Fund


ADR		American Depositary Receipt
AG		Stock Corporation
LLC		Limited Liability Company
Ltd.		Limited
NL		Netherlands
NV		Public Traded Company
NYRS		New York Registry Shares
PLC		Public Limited Company
REIT		Real Estate Investment Trust

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide U.S. Small Cap Value Fund

The three levels of the hierarchy are summarized below.


Ÿ	Level 1	—	Quoted prices in active markets for identical assets
Ÿ	Level 2	—	Other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)
Ÿ	Level 3	—	Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers into or out of an investment’s assigned level within the hierarchy.


	Level 1		Level 2		Level 3		Total
Assets:
Common Stocks
Aerospace & Defense	$	2,017,402	$	2,088	$	—	$	2,019,490
Air Freight & Logistics		476,804		—		—		476,804
Airlines		980,393		—		—		980,393
Auto Components		1,151,124		—		—		1,151,124
Beverages		551,326		—		—		551,326
Biotechnology		277,512		—		—		277,512
Building Products		921,920		—		—		921,920
Capital Markets		2,386,365		—		—		2,386,365
Chemicals		3,465,517		—		—		3,465,517
Commercial Banks		11,402,421		308		—		11,402,729
Commercial Services & Supplies		2,819,299		—		—		2,819,299
Communications Equipment		2,326,403		—		—		2,326,403
Computers & Peripherals		1,413,601		—		—		1,413,601
Construction & Engineering		2,722,648		—		—		2,722,648
Construction Materials		337,171		—		—		337,171
Consumer Finance		463,523		—		—		463,523
Containers & Packaging		610,021		—		—		610,021
Distributors		271,160		—		—		271,160
Diversified Consumer Services		991,240		—		—		991,240
Diversified Financial Services		848,850		—		—		848,850
Diversified Telecommunication Services		578,339		—		—		578,339
Electrical Equipment		1,482,230		—		—		1,482,230
Electronic Equipment, Instruments & Components		5,632,576		—		—		5,632,576
Energy Equipment & Services		5,971,444		—		—		5,971,444

Statement of Investments (Continued)

July 31, 2013 (Unaudited)

Nationwide U.S. Small Cap Value Fund


	Level 1		Level 2		Level 3		Total
Assets: (continued)
Common Stocks (continued)
Food & Staples Retailing	$	992,810	$	—	$	—	$	992,810
Food Products		3,220,111		—		—		3,220,111
Gas Utilities		306,401		—		—		306,401
Health Care Equipment & Supplies		2,695,067		—		—		2,695,067
Health Care Providers & Services		4,735,125		2,898		—		4,738,023
Health Care Technology		287,740		—		—		287,740
Hotels, Restaurants & Leisure		3,013,535		—		—		3,013,535
Household Durables		3,056,654		—		—		3,056,654
Household Products		324,410		—		—		324,410
Independent Power Producers & Energy Traders		213,486		—		—		213,486
Information Technology Services		1,732,655		—		—		1,732,655
Insurance		10,226,808		—		—		10,226,808
Internet & Catalog Retail		217,425		—		—		217,425
Internet Software & Services		1,989,775		—		—		1,989,775
Leisure Equipment & Products		341,875		—		—		341,875
Life Sciences Tools & Services		640,561		—		—		640,561
Machinery		4,476,553		—		—		4,476,553
Marine		240,242		—		—		240,242
Media		3,366,248		—		—		3,366,248
Metals & Mining		3,574,378		—		—		3,574,378
Multiline Retail		1,580,766		—		—		1,580,766
Oil, Gas & Consumable Fuels		5,920,524		—		—		5,920,524
Paper & Forest Products		2,100,801		—		—		2,100,801
Personal Products		434,027		—		—		434,027
Pharmaceuticals		510,860		—		—		510,860
Professional Services		1,931,662		—		—		1,931,662
Real Estate Investment Trusts (REITs)		360,554		—		—		360,554
Real Estate Management & Development		573,499		—		—		573,499
Road & Rail		1,933,212		—		—		1,933,212
Semiconductors & Semiconductor Equipment		7,028,725		—		—		7,028,725
Software		804,461		—		—		804,461
Specialty Retail		7,233,899		—		—		7,233,899
Textiles, Apparel & Luxury Goods		2,111,702		—		—		2,111,702
Thrifts & Mortgage Finance		3,074,964		—		—		3,074,964
Tobacco		293,953		—		—		293,953
Trading Companies & Distributors		1,774,689		—		—		1,774,689
Water Utilities		43,704		—		—		43,704
Wireless Telecommunication Services		819,992		—		—		819,992

Total Common Stocks	$	134,283,142	$	5,294	$	—	$	134,288,436

Mutual Fund		2,613,008		—		—		2,613,008
Repurchase Agreements		—		7,906,917		—		7,906,917
Right		24,300		—		—		24,300
Warrant		—		—		—		—

Total	$	136,920,450	$	7,912,211	$	—	$	144,832,661

Amounts designated as “—”, which may include fair valued securities, are zero or have been rounded to zero.

During the period ended July 31, 2013, there were no transfers into or out of Level 1, Level 2 or Level 3.

During the period ended July 31, 2013, the Fund held 4 common stock investments that were categorized as Level 3 investments which were each valued at $0.

Item 2. Controls and Procedures.

(a)

Disclose the conclusions of the registrant’s principal executive and principal financial officers, or persons performing similar functions, regarding the effectiveness of the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Act (17 CFR § 270.30a-3(c))) as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the Act (17 CFR § 270.30a-3(b)) and Rule 13a-15(b) or Rule 15d-15(b) under the Exchange Act (17 CFR § 240.13a-15(b) or § 240.15d-15(b)).

The registrant’s principal executive officer and principal financial officer have concluded, based on their evaluation of the registrant’s disclosure controls and procedures, as conducted within 90 days of the filing date of this report, that these disclosure controls and procedures are adequately designed and are operating effectively to ensure that information required to be disclosed by the registrant on Form N-Q is recorded, processed, summarized, and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms.

(b)

Disclose any change in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Act (17 CFR § 270.30a-3(d)) that occurred during the registrant’s last fiscal quarter that has materially affected, or is reasonably likely materially to affect, the registrant’s internal control over financial reporting.

There were no changes in the registrant’s internal control over financial reporting that occurred during the registrant’s most-recent fiscal quarter that have materially affected, or are reasonably likely materially to affect, the registrant’s internal control over financial reporting.

Item 3. Exhibits.

File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the Act (17 CFR § 270.30a-2(a)).

Certifications pursuant to Rule 30a-2(a) are attached hereto.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


(Registrant)	NATIONWIDE MUTUAL FUNDS

By (Signature and Title)	/s/ Joseph A. Finelli
	Name:	Joseph A. Finelli
	Title:	Principal Financial Officer
	Date:	September 23, 2013

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.


By (Signature and Title)	/s/ Michael S. Spangler
	Name:	Michael S. Spangler
	Title:	Principal Executive Officer
	Date:	September 23, 2013

By (Signature and Title)	/s/ Joseph A. Finelli
	Name:	Joseph A. Finelli
	Title:	Principal Financial Officer
	Date:	September 23, 2013