0000202713 2026-07-15 2026-07-15 0000202713 nationwide:C000024492Member nationwide:FederatedHermesCorporateBondFundClassASharesMember 2026-07-15 2026-07-15 0000202713 nationwide:C000024492Member 2026-07-15 2026-07-15 pure Nationwide Variable Account 0000202713 false N-4 N-4 2026-07-15 <span style="color:#000000;font-family:Arial;font-size:10pt;">The Board of Trustees (the "Board") of Federated Hermes Corporate Bond Fund (the "Board"), approved the merger of the Federated Hermes Corporate Bond Fund – Class F Shares (the "Target Fund") into the Federated Hermes Corporate Bond Fund – Class A Shares (the "Acquiring Fund"). Subject to shareholder approval, the merger will be effective on or about August 26, 2026 (the "Effective Date").</span><span style="color:#000000;font-family:Arial;font-size:10pt;">As of the Effective Date, the following changes apply to the Contract:</span><span style="color:#000000;font-family:Arial;font-size:13pt;position:relative;top:1pt;">•</span><span style="color:#000000;font-family:Arial;font-size:10pt;">the Target Fund will no longer be available to receive transfers or new purchase payments;</span><span style="color:#000000;font-family:Arial;font-size:13pt;position:relative;top:1pt;">•</span><span style="color:#000000;font-family:Arial;font-size:10pt;">the Target Fund will transfer all or substantially all of its assets to the Acquiring Fund in exchange for shares of the Acquiring Fund; and</span><span style="color:#000000;font-family:Arial;font-size:13pt;position:relative;top:1pt;">•</span><span style="color:#000000;font-family:Arial;font-size:10pt;">the Acquiring Fund will assume all liabilities of the Target Fund.</span><span style="color:#000000;font-family:Arial;font-size:10pt;font-weight:bold;">Accordingly, the following changes apply to the prospectus:</span><span style="color:#000000;font-family:Arial;font-size:10pt;">(1) Appendix A is amended to add the following:</span><span style="color:#000000;font-family:Arial;font-size:1pt;line-height:1pt;"> </span> <table cellpadding="0" cellspacing="0" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:541pt;"> <tr style="height:34.5pt;"> <td rowspan="2" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:62.34pt;"> <div style="line-height:11.0pt;text-align:left;"> <div style="margin-left:3pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">Type</span></div></div></td> <td rowspan="2" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:315.11pt;"> <div style="line-height:11.0pt;text-align:left;"> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">Underlying Mutual Fund and Adviser/Subadviser</span></div></div></td> <td rowspan="2" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:52.01pt;"> <div style="line-height:11.0pt;text-align:left;"> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">Current</span></div> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">Expenses</span></div></div></td> <td colspan="3" style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:111.53pt;"> <div style="line-height:11.0pt;text-align:left;"> <div style="margin-left:4.75pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">Average Annual Total</span></div> <div style="margin-left:4.75pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">Returns</span></div> <div style="margin-left:4.75pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">(as of 12/31/2025)</span></div></div></td></tr> <tr style="height:14pt;"> <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:36.01pt;"> <div style="line-height:11.0pt;text-align:left;"> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">1 year</span></div></div></td> <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:36.01pt;"> <div style="line-height:11.0pt;text-align:left;"> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">5 year</span></div></div></td> <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:39.51pt;"> <div style="line-height:11.0pt;text-align:left;"> <div style="margin-left:4.75pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">10 year</span></div></div></td></tr> <tr style="height:41.5pt;"> <td style="border-right:0.5pt solid #000000;padding-bottom:5pt;padding-top:2.125pt;vertical-align:Top;width:62.34pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:3pt;margin-right:4.75pt;text-align:Left;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;margin-left:0.0pt;">Fixed Income</span></div></div></td> <td style="border-right:0.5pt solid #000000;padding-bottom:5pt;padding-top:2.125pt;vertical-align:Top;width:315.11pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Left;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;margin-left:0.0pt;">Federated Hermes Corporate Bond Fund - Class A Shares</span></div> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Left;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;margin-left:0.0pt;">This underlying mutual fund is no longer available to receive transfers or </span></div> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Left;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;margin-left:0.0pt;">new purchase payments effective August 26, 2026</span></div> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Left;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;margin-left:0.0pt;">Investment Advisor: </span><span style="color:#000000;font-family:Arial;font-size:9pt;margin-left:0.0pt;">Federated Investment Management Company</span><span style="color:#000000;font-family:Arial;font-size:9pt;line-height:10pt;margin-left:0.0pt;"> </span></div></div></td> <td style="border-right:0.5pt solid #000000;padding-bottom:5pt;padding-top:2.125pt;vertical-align:Middle;width:52.01pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;">0.86%*</span></div></div></td> <td style="border-right:0.5pt solid #000000;padding-bottom:5pt;padding-top:2.125pt;vertical-align:Middle;width:36.01pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;">6.94%</span></div></div></td> <td style="border-right:0.5pt solid #000000;padding-bottom:5pt;padding-top:2.125pt;vertical-align:Middle;width:36.01pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;">0.15%</span></div></div></td> <td style="padding-bottom:5pt;padding-top:2.125pt;vertical-align:Middle;width:39.51pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:4.75pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;">3.41%</span></div></div></td></tr></table><span style="color:#000000;font-family:Arial;font-size:9pt;">*</span><span style="color:#000000;font-family:Arial;font-size:9pt;">This underlying mutual fund’s current expenses reflect a temporary fee reduction.</span><span style="color:#000000;font-family:Arial;font-size:10pt;">(2) All references in the prospectus to the Target Fund are deleted and replaced with the Acquiring Fund.</span> <table cellpadding="0" cellspacing="0" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:541pt;"> <tr style="height:34.5pt;"> <td rowspan="2" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:62.34pt;"> <div style="line-height:11.0pt;text-align:left;"> <div style="margin-left:3pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">Type</span></div></div></td> <td rowspan="2" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:315.11pt;"> <div style="line-height:11.0pt;text-align:left;"> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">Underlying Mutual Fund and Adviser/Subadviser</span></div></div></td> <td rowspan="2" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:52.01pt;"> <div style="line-height:11.0pt;text-align:left;"> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">Current</span></div> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">Expenses</span></div></div></td> <td colspan="3" style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:111.53pt;"> <div style="line-height:11.0pt;text-align:left;"> <div style="margin-left:4.75pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">Average Annual Total</span></div> <div style="margin-left:4.75pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">Returns</span></div> <div style="margin-left:4.75pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">(as of 12/31/2025)</span></div></div></td></tr> <tr style="height:14pt;"> <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:36.01pt;"> <div style="line-height:11.0pt;text-align:left;"> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">1 year</span></div></div></td> <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:36.01pt;"> <div style="line-height:11.0pt;text-align:left;"> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">5 year</span></div></div></td> <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:39.51pt;"> <div style="line-height:11.0pt;text-align:left;"> <div style="margin-left:4.75pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">10 year</span></div></div></td></tr> <tr style="height:41.5pt;"> <td style="border-right:0.5pt solid #000000;padding-bottom:5pt;padding-top:2.125pt;vertical-align:Top;width:62.34pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:3pt;margin-right:4.75pt;text-align:Left;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;margin-left:0.0pt;">Fixed Income</span></div></div></td> <td style="border-right:0.5pt solid #000000;padding-bottom:5pt;padding-top:2.125pt;vertical-align:Top;width:315.11pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Left;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;margin-left:0.0pt;">Federated Hermes Corporate Bond Fund - Class A Shares</span></div> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Left;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;margin-left:0.0pt;">This underlying mutual fund is no longer available to receive transfers or </span></div> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Left;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;margin-left:0.0pt;">new purchase payments effective August 26, 2026</span></div> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Left;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;margin-left:0.0pt;">Investment Advisor: </span><span style="color:#000000;font-family:Arial;font-size:9pt;margin-left:0.0pt;">Federated Investment Management Company</span><span style="color:#000000;font-family:Arial;font-size:9pt;line-height:10pt;margin-left:0.0pt;"> </span></div></div></td> <td style="border-right:0.5pt solid #000000;padding-bottom:5pt;padding-top:2.125pt;vertical-align:Middle;width:52.01pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;">0.86%*</span></div></div></td> <td style="border-right:0.5pt solid #000000;padding-bottom:5pt;padding-top:2.125pt;vertical-align:Middle;width:36.01pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;">6.94%</span></div></div></td> <td style="border-right:0.5pt solid #000000;padding-bottom:5pt;padding-top:2.125pt;vertical-align:Middle;width:36.01pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;">0.15%</span></div></div></td> <td style="padding-bottom:5pt;padding-top:2.125pt;vertical-align:Middle;width:39.51pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:4.75pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><span style="color:#000000;font-family:Arial;font-size:9pt;">3.41%</span></div></div></td></tr></table> <span style="color:#000000;font-family:Arial;font-size:9pt;margin-left:0.0pt;">Fixed Income</span> <span style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;margin-left:0.0pt;">Federated Hermes Corporate Bond Fund - Class A Shares</span> <span style="color:#000000;font-family:Arial;font-size:9pt;margin-left:0.0pt;">Federated Investment Management Company</span> 0.0086 0.0694 0.0015 0.0341 <span style="color:#000000;font-family:Arial;font-size:9pt;">This underlying mutual fund’s current expenses reflect a temporary fee reduction.</span>