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Name

As of 04/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Nationwide Investor Destinations Moderately Conservative Fund

NWWKX | Fund

$9.63

$255 M

9.33%

$0.90

0.59%

Vitals

YTD Return

-0.1%

1 yr return

6.7%

3 Yr Avg Return

0.0%

5 Yr Avg Return

3.9%

Net Assets

$255 M

Holdings in Top 10

88.0%

52 WEEK LOW AND HIGH

$9.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.59%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 25.70%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$50,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 04/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Nationwide Investor Destinations Moderately Conservative Fund

NWWKX | Fund

$9.63

$255 M

9.33%

$0.90

0.59%

NWWKX - Profile

Distributions

  • YTD Total Return -0.1%
  • 3 Yr Annualized Total Return 0.0%
  • 5 Yr Annualized Total Return 3.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.26%
DIVIDENDS
  • Dividend Yield 9.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Nationwide Investor Destinations Moderately Conservative Fund
  • Fund Family Name
    Nationwide Mutual Funds
  • Inception Date
    Mar 04, 2014
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Christopher Graham

Fund Description

The Fund is a “fund-of-funds” that invests primarily in affiliated mutual funds representing a variety of asset classes. The Fund aims to provide diversification across major asset classes—U.S. stocks, international stocks, and bonds—by investing primarily in mutual funds offered by Nationwide Mutual Funds and unaffiliated exchange-traded funds (each, an “Underlying Fund” or collectively, “Underlying Funds”).Each Underlying Fund invests directly in equity or other securities, as appropriate to its investment objective and strategies. Certain Underlying Funds are actively managed, and other Underlying Funds are “index” funds that invest directly in equity securities or other securities with a goal of obtaining investment returns that closely track a benchmark securities index. Some Underlying Funds use futures, swaps and options, which are derivatives, either to hedge against investment risks, to obtain exposure to certain securities or groups of securities, to take short positions in certain securities, or otherwise to increase returns. Although the Fund seeks to provide diversification across major asset classes, the Fund invests a significant portion of its assets in a small number of issuers (i.e., Underlying Funds). However, the Fund may invest directly in securities and derivatives in addition to investing in Underlying Funds. Further, the Underlying Funds in which the Fund invests generally are diversified.The Fund pursues its objective by seeking income and, secondarily, long-term growth of capital. Through investments in the Underlying Funds, the Fund invests a majority of its assets in fixed-income securities, such as bonds, mortgage-backed securities and asset-backed securities in order to generate investment income, but also a considerable portion of its assets in equity securities, such as common stocks of U.S. and international companies (including smaller companies) that the investment adviser believes offer opportunities for capital growth. The Adviser establishes a target allocation for the Fund among different asset classes which the Adviser believes is appropriate for the Fund’s risk profile and investment strategies, and which the Adviser may change over time. As of January 31, 2024, the Fund allocated approximately 66% of its net assets in bonds, approximately 26% in U.S. stocks and approximately 8% in international stocks. The Fund is designed for investors who have a lower tolerance for risk and whose primary goal is income and secondary goal is growth. The Fund is also designed for investors who have a shorter time horizon or who are willing to accept some amount of market volatility in exchange for greater potential income and growth.
Read More

NWWKX - Performance

Return Ranking - Trailing

Period NWWKX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -2.6% 13.3% 62.47%
1 Yr 6.7% -2.7% 31.1% 34.27%
3 Yr 0.0%* -16.7% 5.5% 40.53%
5 Yr 3.9%* -4.6% 7.3% 41.15%
10 Yr 4.2%* 0.0% 7.2% 34.86%

* Annualized

Return Ranking - Calendar

Period NWWKX Return Category Return Low Category Return High Rank in Category (%)
2023 6.3% -1.3% 27.4% 55.14%
2022 -16.6% -35.0% -7.4% 48.23%
2021 4.3% -11.5% 14.6% 26.15%
2020 5.2% -10.3% 40.7% 48.08%
2019 9.0% -9.5% 22.1% 71.32%

Total Return Ranking - Trailing

Period NWWKX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -2.6% 13.3% 62.47%
1 Yr 6.7% -2.7% 31.1% 34.27%
3 Yr 0.0%* -16.7% 5.5% 40.53%
5 Yr 3.9%* -4.6% 7.3% 41.15%
10 Yr 4.2%* 0.0% 7.2% 34.86%

* Annualized

Total Return Ranking - Calendar

Period NWWKX Return Category Return Low Category Return High Rank in Category (%)
2023 11.7% -1.3% 28.2% 17.06%
2022 -14.1% -35.0% -3.1% 67.61%
2021 7.9% -11.5% 32.0% 45.76%
2020 10.0% -5.4% 40.7% 40.41%
2019 15.3% 4.5% 27.7% 44.47%

NAV & Total Return History

NWWKX - Holdings

Concentration Analysis

NWWKX Category Low Category High NWWKX % Rank
Net Assets 255 M 244 K 50.8 B 71.23%
Number of Holdings 18 3 5294 68.60%
Net Assets in Top 10 224 M 243 K 10.1 B 54.42%
Weighting of Top 10 88.00% 6.4% 127.7% 34.74%

Top 10 Holdings

  1. Nationwide Bond Portfolio, Class R6 32.77%
  2. Nationwide Multi-Cap Portfolio, Class R6 14.38%
  3. Nationwide Loomis Short Term Bond Fund, Class R6 7.79%
  4. Fidelity Investments Money Market Government Portfolio - Institutional Class 6.24%
  5. Nationwide U.S. 130/30 Equity Portfolio, Class R6 6.13%
  6. Nationwide International Index Fund, Class R6 6.03%
  7. Nationwide Loomis Core Bond Fund, Class R6 4.07%
  8. Nationwide Mid Cap Market Index Fund, Class R6 3.96%
  9. Nationwide Fundamental All Cap Equity Portfolio, Class R6 3.61%
  10. Nationwide Inflation-Protected Securities Fund, Class R6 3.01%

Asset Allocation

Weighting Return Low Return High NWWKX % Rank
Cash 		6.24% -35.68% 37.58% 14.65%
Convertible Bonds 		1.55% 0.00% 71.77% 27.70%
Other 		0.63% -0.44% 63.55% 22.79%
Stocks 		0.00% 0.00% 102.36% 94.20%
Preferred Stocks 		0.00% 0.00% 21.95% 40.00%
Bonds 		0.00% 0.00% 81.41% 52.90%

NWWKX - Expenses

Operational Fees

NWWKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.59% 0.06% 7.81% 82.83%
Management Fee 0.13% 0.00% 1.25% 41.16%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.01% 0.70% 52.83%

Sales Fees

NWWKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

NWWKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% 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.

NWWKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 25.70% 2.00% 380.00% 38.64%

NWWKX - Distributions

Dividend Yield Analysis

NWWKX Category Low Category High NWWKX % Rank
Dividend Yield 9.33% 0.00% 8.02% 9.05%

Dividend Distribution Analysis

NWWKX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Monthly Monthly

Net Income Ratio Analysis

NWWKX Category Low Category High NWWKX % Rank
Net Income Ratio 2.26% -1.22% 6.83% 29.88%

Capital Gain Distribution Analysis

NWWKX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

NWWKX - 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
0.09 28.73 6.44 2.41

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