Nationwide Destination 2045 Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.6%
1 yr return
22.9%
3 Yr Avg Return
4.4%
5 Yr Avg Return
8.7%
Net Assets
$162 M
Holdings in Top 10
99.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.93%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 22.50%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NWNAX - Profile
Distributions
- YTD Total Return 6.6%
- 3 Yr Annualized Total Return 4.4%
- 5 Yr Annualized Total Return 8.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.58%
- Dividend Yield 6.7%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameNationwide Destination 2045 Fund
-
Fund Family NameNationwide Mutual Funds
-
Inception DateAug 30, 2007
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChristopher Graham
Fund Description
NWNAX - Performance
Return Ranking - Trailing
Period | NWNAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.6% | 4.0% | 11.8% | 73.50% |
1 Yr | 22.9% | 14.2% | 28.3% | 67.00% |
3 Yr | 4.4%* | -1.3% | 7.4% | 79.27% |
5 Yr | 8.7%* | 6.1% | 11.2% | 90.12% |
10 Yr | 7.3%* | 5.5% | 9.7% | 84.95% |
* Annualized
Return Ranking - Calendar
Period | NWNAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.9% | 4.8% | 21.3% | 85.93% |
2022 | -20.7% | -65.7% | -14.5% | 29.15% |
2021 | 4.9% | -4.7% | 18.7% | 66.84% |
2020 | 5.9% | 2.3% | 15.5% | 98.31% |
2019 | 12.7% | 8.2% | 23.0% | 82.61% |
Total Return Ranking - Trailing
Period | NWNAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.6% | 4.0% | 11.8% | 73.50% |
1 Yr | 22.9% | 14.2% | 28.3% | 67.00% |
3 Yr | 4.4%* | -1.3% | 7.4% | 79.27% |
5 Yr | 8.7%* | 6.1% | 11.2% | 90.12% |
10 Yr | 7.3%* | 5.5% | 9.7% | 84.95% |
* Annualized
Total Return Ranking - Calendar
Period | NWNAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.8% | 11.2% | 37.0% | 65.83% |
2022 | -18.8% | -28.2% | 0.1% | 77.39% |
2021 | 15.8% | 4.2% | 22.9% | 83.68% |
2020 | 13.4% | 7.8% | 23.2% | 82.58% |
2019 | 24.7% | 21.3% | 37.2% | 65.84% |
NAV & Total Return History
NWNAX - Holdings
Concentration Analysis
NWNAX | Category Low | Category High | NWNAX % Rank | |
---|---|---|---|---|
Net Assets | 162 M | 2.77 M | 68.8 B | 69.50% |
Number of Holdings | 11 | 2 | 581 | 73.50% |
Net Assets in Top 10 | 155 M | 2.88 M | 76.4 B | 69.50% |
Weighting of Top 10 | 99.59% | 43.5% | 103.9% | 27.51% |
Top 10 Holdings
- Nationwide Multi-Cap Portfolio, Class R6 28.14%
- Nationwide International Index Fund, Class R6 19.83%
- Nationwide Bond Portfolio, Class R6 14.32%
- Nationwide U.S. 130/30 Equity Portfolio, Class R6 12.87%
- Nationwide Fundamental All Cap Equity Portfolio, Class R6 7.07%
- iShares Core MSCI Emerging Markets ETF 6.52%
- Nationwide Mid Cap Market Index Fund, Class R6 6.22%
- Nationwide Small Cap Index Fund, Class R6 2.75%
- iShares 20+ Year Treasury Bond ETF 1.03%
- Nationwide Amundi Strategic Income Fund, Class R6 0.85%
Asset Allocation
Weighting | Return Low | Return High | NWNAX % Rank | |
---|---|---|---|---|
Convertible Bonds | 0.95% | 0.00% | 1.09% | 3.00% |
Cash | 0.44% | 0.00% | 20.94% | 39.50% |
Stocks | 0.00% | 0.00% | 100.06% | 98.50% |
Preferred Stocks | 0.00% | 0.00% | 0.14% | 90.00% |
Other | 0.00% | 0.00% | 11.52% | 91.50% |
Bonds | 0.00% | 0.00% | 25.62% | 90.00% |
NWNAX - Expenses
Operational Fees
NWNAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.93% | 0.06% | 21.17% | 39.70% |
Management Fee | 0.13% | 0.00% | 0.89% | 44.15% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 52.13% |
Administrative Fee | 0.25% | 0.01% | 0.29% | 88.64% |
Sales Fees
NWNAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 3.50% | 5.75% | 45.00% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
NWNAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
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.
NWNAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 22.50% | 0.42% | 115.00% | 58.79% |
NWNAX - Distributions
Dividend Yield Analysis
NWNAX | Category Low | Category High | NWNAX % Rank | |
---|---|---|---|---|
Dividend Yield | 6.71% | 0.00% | 6.10% | 1.50% |
Dividend Distribution Analysis
NWNAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Semi-Annually | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
NWNAX | Category Low | Category High | NWNAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.58% | -0.42% | 3.87% | 3.76% |
Capital Gain Distribution Analysis
NWNAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Semi-Monthly |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 26, 2023 | $0.575 | OrdinaryDividend |
Jun 16, 2023 | $0.015 | OrdinaryDividend |
Dec 27, 2022 | $0.191 | OrdinaryDividend |
Sep 16, 2022 | $0.003 | OrdinaryDividend |
Jun 10, 2022 | $0.006 | OrdinaryDividend |
Sep 11, 2020 | $0.341 | OrdinaryDividend |
Sep 13, 2019 | $0.027 | OrdinaryDividend |
Jun 12, 2019 | $0.043 | OrdinaryDividend |
Mar 13, 2019 | $0.005 | OrdinaryDividend |
Sep 13, 2018 | $0.023 | OrdinaryDividend |
Jun 13, 2018 | $0.049 | OrdinaryDividend |
Mar 14, 2018 | $0.007 | OrdinaryDividend |
Sep 15, 2017 | $0.026 | OrdinaryDividend |
Jun 14, 2017 | $0.043 | OrdinaryDividend |
Sep 16, 2016 | $0.011 | OrdinaryDividend |
Jun 15, 2016 | $0.039 | OrdinaryDividend |
Mar 16, 2016 | $0.006 | OrdinaryDividend |
Sep 16, 2015 | $0.017 | OrdinaryDividend |
Jun 17, 2015 | $0.042 | OrdinaryDividend |
Mar 18, 2015 | $0.008 | OrdinaryDividend |
Sep 19, 2014 | $0.023 | OrdinaryDividend |
Jun 18, 2014 | $0.023 | OrdinaryDividend |
Mar 19, 2014 | $0.001 | OrdinaryDividend |
Sep 27, 2013 | $0.008 | OrdinaryDividend |
Jun 26, 2013 | $0.014 | OrdinaryDividend |
Mar 20, 2013 | $0.010 | OrdinaryDividend |
Sep 12, 2012 | $0.016 | OrdinaryDividend |
Jun 20, 2012 | $0.024 | OrdinaryDividend |
Dec 22, 2011 | $0.052 | OrdinaryDividend |
Sep 21, 2011 | $0.014 | OrdinaryDividend |
Jun 22, 2011 | $0.017 | OrdinaryDividend |
Dec 30, 2010 | $0.107 | OrdinaryDividend |
Sep 27, 2010 | $0.013 | OrdinaryDividend |
Jun 23, 2010 | $0.017 | OrdinaryDividend |
Dec 23, 2009 | $0.078 | OrdinaryDividend |
Sep 23, 2009 | $0.009 | OrdinaryDividend |
Jun 24, 2009 | $0.032 | OrdinaryDividend |
Mar 25, 2009 | $0.015 | OrdinaryDividend |
Jan 02, 2009 | $0.001 | ExtraDividend |
Dec 23, 2008 | $0.060 | OrdinaryDividend |
Sep 24, 2008 | $0.035 | OrdinaryDividend |
Jun 25, 2008 | $0.030 | OrdinaryDividend |
Mar 26, 2008 | $0.025 | OrdinaryDividend |
Sep 26, 2007 | $0.034 | OrdinaryDividend |
NWNAX - Fund Manager Analysis
Managers
Christopher Graham
Start Date
Tenure
Tenure Rank
Nov 15, 2016
5.54
5.5%
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.
Andrew Urban
Start Date
Tenure
Tenure Rank
Jun 30, 2017
4.92
4.9%
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.
Keith Robinette
Start Date
Tenure
Tenure Rank
Jun 30, 2017
4.92
4.9%
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.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 17.59 | 5.71 | 2.41 |