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10/29/2026 | Press release | Distributed by Public on 10/29/2026 11:32

Summary Prospectus by Investment Company (Form 497K)

NATIONWIDE MUTUAL FUNDS

Nationwide Destination 2040 Fund

Supplement dated October 29, 2026

to the Summary Prospectus dated March 2, 2026

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

Effective immediately, all references to, and information regarding, Keith P. Robinette, CFA in the Summary Prospectus are deleted in their entirety.

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE

Nationwide Mutual Funds published this content on October 29, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on October 29, 2026 at 17:32 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]

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