NWNSX: Nationwide Destination 2045 Fund - MutualFunds.com

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Nationwide Destination 2045 Instl Svc

NWNSX - Snapshot

Vitals

  • YTD Return -3.3%
  • 3 Yr Annualized Return 5.8%
  • 5 Yr Annualized Return 8.9%
  • Net Assets $177 M
  • Holdings in Top 10 99.9%

52 WEEK LOW AND HIGH

$9.47
$6.59
$10.56

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.38%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 69.22%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $50,000
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2045

Compare NWNSX to Popular Target-Date 2045 Funds

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$25.57

-1.54%

$30.21 B

2.12%

$0.55

3.52%

$27.07

-1.56%

$25.07 B

2.18%

$0.60

3.40%

$17.48

-0.23%

$16.23 B

0.88%

$0.16

5.88%

0.35%

$12.14

-1.62%

$15.70 B

1.44%

$0.18

0.83%

0.75%

$19.53

-1.71%

$8.53 B

1.46%

$0.29

5.45%

0.09%

NWNSX - Profile

Distributions

  • YTD Total Return -3.3%
  • 3 Yr Annualized Total Return 5.8%
  • 5 Yr Annualized Total Return 8.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.81%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Nationwide Destination 2045 Fund
  • Fund Family Name
    Nationwide
  • Inception Date
    Aug 29, 2007
  • Shares Outstanding
    N/A
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    United States
  • 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. 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 2045. The fund allocates approximately 60% of its net assets in U.S. stocks (including smaller company stocks), approximately 29% in international stocks, and approximately 11% in bonds.


NWNSX - Performance

Return Ranking - Trailing

Period NWNSX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.3% -10.0% 7.6% 95.07%
1 Yr 6.8% 2.1% 14.4% 77.78%
3 Yr 5.8%* 4.4% 9.2% 77.83%
5 Yr 8.9%* 7.4% 11.5% 68.57%
10 Yr 8.7%* 7.1% 10.6% 57.02%

* Annualized

Return Ranking - Calendar

Period NWNSX Return Category Return Low Category Return High Rank in Category (%)
2019 12.7% 5.3% 23.0% 76.73%
2018 -18.5% -27.7% -6.9% 77.97%
2017 9.6% -18.3% 20.0% 95.18%
2016 1.7% -4.8% 7.7% 77.55%
2015 -6.7% -25.3% -1.5% 65.57%

Total Return Ranking - Trailing

Period NWNSX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.3% -10.0% 7.6% 95.07%
1 Yr 6.8% -3.1% 14.4% 68.60%
3 Yr 5.8%* 2.4% 9.2% 68.82%
5 Yr 8.9%* 6.5% 11.5% 63.64%
10 Yr 8.7%* 7.1% 10.6% 55.46%

* Annualized

Total Return Ranking - Calendar

Period NWNSX Return Category Return Low Category Return High Rank in Category (%)
2019 12.7% 5.3% 23.0% 76.73%
2018 -8.8% -23.9% -5.5% 27.12%
2017 18.1% -18.3% 26.2% 67.47%
2016 10.4% -2.6% 12.3% 2.04%
2015 -1.7% -25.3% 3.9% 40.16%

NAV & Total Return History


NWNSX - Holdings

Concentration Analysis

NWNSX Category Low Category High NWNSX % Rank
Net Assets 177 M 130 K 30.2 B 58.47%
Number of Holdings 9 2 499 76.82%
Net Assets in Top 10 177 M 109 K 30.2 B 57.51%
Weighting of Top 10 99.91% 40.2% 100.0% 19.35%

Top 10 Holdings

  1. Nationwide Multi-Cap Portfolio R6 49.97%
  2. Nationwide International Index R6 20.94%
  3. Nationwide Bond Index R6 7.53%
  4. iShares Core MSCI Emerging Markets ETF 7.46%
  5. Nationwide Mid Cap Market Idx R6 6.76%
  6. Nationwide Small Cap Index R6 2.90%
  7. Nationwide Core Plus Bond R6 2.32%
  8. iShares 20+ Year Treasury Bond ETF 2.02%

Asset Allocation

Weighting Return Low Return High NWNSX % Rank
Stocks
65.97% 43.16% 108.53% 96.57%
Cash
17.05% -84.08% 17.05% 0.43%
Bonds
15.11% -2.39% 67.27% 18.45%
Other
0.96% -0.19% 41.66% 16.74%
Convertible Bonds
0.89% 0.00% 1.57% 1.29%
Preferred Stocks
0.02% 0.00% 0.59% 40.34%

Stock Sector Breakdown

Weighting Return Low Return High NWNSX % Rank
Technology
17.25% 11.37% 23.22% 81.12%
Financial Services
14.36% 10.34% 17.24% 38.63%
Healthcare
13.22% 10.97% 18.03% 49.79%
Consumer Cyclical
12.29% 9.12% 12.96% 24.46%
Industrials
11.54% 8.79% 14.45% 22.32%
Communication Services
8.24% 6.24% 11.13% 77.25%
Consumer Defense
8.02% 5.08% 12.19% 14.59%
Basic Materials
4.88% 2.16% 7.27% 12.02%
Real Estate
4.18% 1.94% 9.55% 48.50%
Utilities
3.12% 0.79% 4.80% 37.34%
Energy
2.90% 1.71% 3.88% 48.07%

Stock Geographic Breakdown

Weighting Return Low Return High NWNSX % Rank
US
37.52% 10.12% 69.14% 93.99%
Non US
28.45% 13.96% 45.33% 72.96%

Bond Sector Breakdown

Weighting Return Low Return High NWNSX % Rank
Cash & Equivalents
35.35% 1.00% 70.68% 40.34%
Corporate
24.28% 0.10% 59.70% 48.93%
Government
23.29% 9.53% 65.60% 55.79%
Securitized
16.52% 0.00% 33.32% 44.64%
Derivative
0.45% 0.00% 43.41% 23.18%
Municipal
0.12% 0.00% 8.21% 54.08%

Bond Geographic Breakdown

Weighting Return Low Return High NWNSX % Rank
US
9.56% -3.29% 50.52% 32.62%
Non US
5.55% 0.00% 16.75% 5.15%

NWNSX - Expenses

Operational Fees

NWNSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.38% 0.01% 44.47% 64.19%
Management Fee 0.13% 0.00% 0.91% 44.50%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.25% 0.01% 0.30% 84.00%

Sales Fees

NWNSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

NWNSX 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.

NWNSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 69.22% 0.00% 147.00% 90.19%

NWNSX - Distributions

Dividend Yield Analysis

NWNSX Category Low Category High NWNSX % Rank
Dividend Yield 0.00% 0.00% 3.37% 26.69%

Dividend Distribution Analysis

NWNSX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Semi-Annually

Net Income Ratio Analysis

NWNSX Category Low Category High NWNSX % Rank
Net Income Ratio 1.81% -0.31% 2.91% 45.15%

Capital Gain Distribution Analysis

NWNSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Dividend Payout History

View More +

NWNSX - Fund Manager Analysis

Managers

Christopher Graham


Start Date

Tenure

Tenure Rank

Nov 15, 2016

3.88

3.9%

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

3.25

3.3%

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

3.25

3.3%

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
0.12 15.92 4.9 0.75