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NWOAX Nationwide Destination 2050 A

  • Fund
  • NWOAX
  • Price as of: Dec 14, 2017
  • $9.45
  • - $0.05
  • - 0.53%
  • Category
  • Target Retirement Date

NWOAX - Profile

Vitals

  • YTD Return 15.8%
  • 3 Yr Annualized Return 7.9%
  • 5 Yr Annualized Return 11.0%
  • Net Assets $133 M
  • Holdings in Top 10 100.0%

52 WEEK LOW AND HIGH

$9.45
$8.16
$9.50

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.61%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 15.31%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,000

IRA

$1,000

Investment Themes

CATEGORY

Target Retirement Date
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2050

Distributions

  • YTD Total Return 15.8%
  • 3 Yr Annualized Total Return 5.8%
  • 5 Yr Annualized Total Return 9.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.10%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Nationwide Destination 2050 Fund
  • Fund Family Name Nationwide
  • Inception Date Aug 29, 2007
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Christopher C Graham

Fund Description

The fund is a "fund of funds" that invests primarily in affiliated mutual funds representing a variety of asset classes. It invests in a professionally selected mix of different asset classes that is tailored for investors planning to retire in, or close to, the year 2050. The fund allocates approximately 62% of its net assets in U.S. stocks (28% of which represents smaller companies) and approximately 26% in international stocks.

NWOAX - Performance

Return Ranking - Trailing

Period NWOAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 15.8% -40.4% 434.9% 35.32% 2
1 Yr 19.6% -20.8% 24.5% 31.06% 2
3 Yr 7.9% * -1.6% 9.5% 17.99% 1
5 Yr 11.0% * -0.1% 12.7% 16.22% 1
10 Yr 5.3% * 0.1% 7.0% 30.71% 2

* Annualized


Return Ranking - Calendar

Period NWOAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 2.0% -17.1% 8.3% 60.01% 4
2015 -7.4% -33.1% 7.6% 62.48% 4
2014 -7.2% -33.3% 21.0% 81.46% 5
2013 13.3% -8.5% 23.9% 43.81% 3
2012 8.3% -10.4% 15.8% 60.55% 4

Total Return Ranking - Trailing

Period NWOAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 15.8% -40.4% 434.9% 35.32% 2
1 Yr 12.7% -23.4% 24.5% 58.69% 3
3 Yr 5.8% * -1.3% 13.0% 57.13% 3
5 Yr 9.7% * -1.3% 12.7% 35.99% 2
10 Yr 4.7% * -0.5% 7.0% 51.97% 3

* Annualized


Total Return Ranking - Calendar

Period NWOAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 2.6% -17.1% 9.3% 62.97% 4
2015 -2.2% -25.3% 7.9% 69.40% 4
2014 5.3% -4.8% 35.8% 61.78% 4
2013 35.7% -6.7% 49.0% 2.14% 1
2012 25.4% -13.8% 43.6% 5.23% 1

NAV & Total Return History

NWOAX - Holdings

Filings data as of: Oct 31, 2017

Concentration Analysis

NWOAX Category Low Category High NWOAX % Rank Quintile
Net Assets 133 M 440 K 38 B 16.25% 3
Number of Holdings 8 2 9892 3.63% 5
Net Assets in Top 10 133 M 178 K 38 B 14.54% 3
Weighting of Top 10 100.0% 2.3% 103.8% 0.78% 1

Top 10 Holdings

  1. Nationwide S&P 500 Index R6 37.93%
  2. Nationwide International Index R6 25.06%
  3. Nationwide Mid Cap Market Idx R6 16.01%
  4. Nationwide Small Cap Index R6 8.01%
  5. Nationwide Bond Index R6 6.01%
  6. Nationwide Core Plus Bond R6 1.00%
  7. iShares Core MSCI Emerging Markets ETF 4.00%
  8. iShares iBoxx $ High Yield Corp Bd ETF 1.98%

Asset Allocation

Weighting Category Low Category High NWOAX % Rank Quintile
Stocks
90.40% 0.51% 98.56% 1.35% 1
Bonds
8.29% 0.00% 101.10% 23.16% 5
Preferred Stocks
0.69% 0.00% 9.58% 1.19% 1
Cash
0.58% -33.73% 97.05% 22.33% 5
Other
0.04% -2.34% 47.06% 14.49% 5
Convertible Bonds
0.00% 0.00% 4.38% 2.91% 5

Stock Sector Breakdown

Weighting Category Low Category High NWOAX % Rank Quintile
Financial Services
16.56% 0.18% 19.30% 1.56% 1
Technology
15.01% 0.02% 19.66% 3.17% 1
Industrials
11.44% 0.04% 12.62% 0.62% 1
Consumer Cyclical
10.41% 0.03% 14.64% 3.90% 1
Healthcare
9.99% 0.04% 18.83% 4.52% 2
Consumer Defense
7.05% 0.03% 10.25% 3.27% 1
Basic Materials
4.93% 0.03% 7.73% 1.56% 1
Energy
4.71% 0.07% 8.23% 3.48% 2
Real Estate
3.95% 0.03% 21.66% 7.01% 2
Utilities
3.22% 0.01% 5.30% 1.25% 1
Communication Services
2.82% 0.04% 4.23% 4.10% 2

Stock Geographic Breakdown

Weighting Category Low Category High NWOAX % Rank Quintile
US
61.67% 0.06% 68.86% 1.25% 1
Non US
28.73% -3.41% 54.00% 7.58% 2

Bond Sector Breakdown

Weighting Category Low Category High NWOAX % Rank Quintile
Corporate
4.65% 0.00% 53.75% 19.16% 4
Government
2.47% -27.29% 91.78% 22.64% 5
Securitized
1.85% 0.00% 27.90% 18.48% 4
Cash & Equivalents
0.52% -46.20% 97.04% 21.75% 5
Derivative
0.03% -30.52% 57.07% 3.12% 2
Municipal
0.03% 0.00% 7.56% 4.31% 4

Bond Geographic Breakdown

Weighting Category Low Category High NWOAX % Rank Quintile
US
7.59% -4.11% 93.84% 22.07% 4
Non US
0.70% -1.10% 25.33% 20.04% 5

NWOAX - Expenses

Operational Fees

NWOAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.61% 0.00% 14.71% 12.72% 3
Management Fee 0.13% 0.00% 0.94% 3.24% 4
12b-1 Fee 0.25% 0.00% 1.00% 1.13% 2
Administrative Fee 0.23% 0.00% 0.40% 0.69% 4

Sales Fees

NWOAX Fees (% of AUM) Category Low Category High NWOAX Rank Quintile
Front Load 5.75% 3.50% 5.75% 0.42% 4
Deferred Load N/A 0.50% 5.00% N/A N/A

Trading Fees

NWOAX Fees (% of AUM) Category Low Category High NWOAX Rank Quintile
Max Redemption Fee N/A 2.00% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

NWOAX Fees (% of AUM) Category Low Category High NWOAX Rank Quintile
Turnover 15.31% 0.00% 333.00% 6.39% 2

NWOAX - Distributions

Dividend Yield Analysis

NWOAX Category Low Category High NWOAX % Rank Quintile
Dividend Yield 0.1% 0.00% 1.21% 59.34% 5

Dividend Distribution Analysis

NWOAX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

NWOAX Category Low Category High NWOAX % Rank Quintile
Net Income Ratio 1.10% -0.93% 7.13% 11.79% 4

Capital Gain Distribution Analysis

NWOAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

NWOAX - Managers

Christopher C Graham

Manager

Start Date

Nov 15, 2016

Tenure

1.04

Tenure Rank

2.5%

Mr. Graham joined the Office of Investments at Nationwide Mutual Insurance Company (“Nationwide Mutual”) in November 2004, serving primarily as a portfolio manager for Nationwide Mutual’s proprietary general account. In June 2016, Mr. Graham joined NFA as its Chief Investment Officer.


Keith P. Robinette

Manager

Start Date

Jun 30, 2017

Tenure

0.42

Tenure Rank

2.6%

Mr. Robinette joined the Office of Investments at Nationwide Mutual in 2012 where he managed a hedge fund portfolio and led manager due diligence reviews. In May 2017, Mr. Robinette joined NFA as a Senior Director of Asset Strategies.


Andrew Urban

Manager

Start Date

Jun 30, 2017

Tenure

0.42

Tenure Rank

2.6%

Mr. Urban joined NFA in July 2016 and became a Senior Director of Asset Strategies in May 2017. Prior to joining NFA, Mr. Urban worked for six years as an investment analyst covering hedge funds for the Ohio Public Employees Retirement System, where he was responsible for hedge fund manager selection and due diligence as well as portfolio risk management.


Tenure Analysis

Category Low

0.0

Category High

15.1

Category Average

5.15

Category Mode

0.7