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Trending ETFs

Nationwide Destination 2040 Fund

mutual fund
NWMAX
Dividend policy
Active
Price as of:
$9.61 -0.13 -1.34%
primary theme
Target-Date 2040
NWMAX (Mutual Fund)

Nationwide Destination 2040 Fund

Dividend policy
Active
Price as of:
$9.61 -0.13 -1.34%
primary theme
Target-Date 2040
NWMAX (Mutual Fund)

Nationwide Destination 2040 Fund

Dividend policy
Active
Price as of:
$9.61 -0.13 -1.34%
primary theme
Target-Date 2040

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.61

$186 M

15.52%

$1.49

0.90%

Vitals

YTD Return

-5.9%

1 yr return

14.7%

3 Yr Avg Return

17.2%

5 Yr Avg Return

11.5%

Net Assets

$186 M

Holdings in Top 10

99.3%

52 WEEK LOW AND HIGH

$9.7
$9.61
$11.30

Expenses

OPERATING FEES

Expense Ratio 0.90%

SALES FEES

Front Load 5.75%

Deferred Load N/A

TRADING FEES

Turnover 24.30%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,000

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Target-Date 2040


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.61

$186 M

15.52%

$1.49

0.90%

NWMAX - Profile

Distributions

  • YTD Total Return -5.9%
  • 3 Yr Annualized Total Return 14.9%
  • 5 Yr Annualized Total Return 10.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.55%
DIVIDENDS
  • Dividend Yield 15.5%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Nationwide Destination 2040 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 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 2040. The fund allocates approximately 55% of its net assets in U.S. stocks (including smaller company stocks), approximately 28% in international stocks, and approximately 17% in bonds.


NWMAX - Performance

Return Ranking - Trailing

Period NWMAX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.9% -6.9% -2.4% 70.09%
1 Yr 14.7% 8.9% 19.9% 80.45%
3 Yr 17.2%* 13.2% 20.3% 75.60%
5 Yr 11.5%* 9.3% 14.7% 88.52%
10 Yr 10.7%* 9.0% 13.1% 68.94%

* Annualized

Return Ranking - Calendar

Period NWMAX Return Category Return Low Category Return High Rank in Category (%)
2021 4.7% -6.3% 17.5% 66.67%
2020 6.1% 3.3% 14.9% 95.02%
2019 11.7% 4.1% 22.6% 81.73%
2018 -18.1% -23.1% -6.9% 79.31%
2017 8.3% -15.1% 18.8% 88.89%

Total Return Ranking - Trailing

Period NWMAX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.9% -6.9% -2.4% 70.09%
1 Yr 8.1% 4.8% 19.9% 98.16%
3 Yr 14.9%* 11.0% 20.3% 91.75%
5 Yr 10.1%* 8.1% 14.7% 94.48%
10 Yr 10.0%* 9.0% 13.1% 89.23%

* Annualized

Total Return Ranking - Calendar

Period NWMAX Return Category Return Low Category Return High Rank in Category (%)
2021 4.7% -6.3% 17.5% 66.67%
2020 6.1% 3.3% 14.9% 95.02%
2019 11.7% 4.1% 22.6% 81.73%
2018 -8.7% -23.1% -5.5% 22.99%
2017 17.0% -15.1% 26.3% 57.41%

NAV & Total Return History


NWMAX - Holdings

Concentration Analysis

NWMAX Category Low Category High NWMAX % Rank
Net Assets 186 M 101 K 51.2 B 71.05%
Number of Holdings 13 4 547 71.81%
Net Assets in Top 10 184 M 267 K 50.7 B 71.37%
Weighting of Top 10 99.34% 38.6% 100.0% 19.81%

Top 10 Holdings

  1. Nationwide Multi-Cap Portfolio R6 45.58%
  2. Nationwide International Index R6 20.12%
  3. Nationwide Bond Portfolio R6 14.63%
  4. iShares Core MSCI Emerging Markets ETF 7.39%
  5. Nationwide Mid Cap Market Idx R6 6.32%
  6. Nationwide Small Cap Index R6 2.77%
  7. iShares 20+ Year Treasury Bond ETF 1.26%
  8. Nationwide Amundi Strat Inc R6 1.21%
  9. Nationwide Contract 0.60%
  10. Nationwide Contract 0.60%

Asset Allocation

Weighting Return Low Return High NWMAX % Rank
Stocks
60.50% 4.23% 89.53% 98.68%
Cash
58.50% -1.40% 58.50% 1.32%
Other
13.35% -0.54% 13.35% 1.32%
Convertible Bonds
0.81% 0.00% 0.81% 1.32%
Preferred Stocks
0.02% 0.00% 0.37% 59.03%
Bonds
-33.18% -33.18% 66.81% 99.56%

Stock Sector Breakdown

Weighting Return Low Return High NWMAX % Rank
Technology
19.03% 0.02% 25.53% 75.77%
Financial Services
14.39% 0.00% 18.47% 64.32%
Consumer Cyclical
13.14% 0.00% 13.48% 6.17%
Industrials
11.87% 0.00% 12.42% 15.42%
Healthcare
11.40% 0.00% 14.47% 81.06%
Communication Services
8.68% 0.81% 11.48% 31.28%
Consumer Defense
6.64% 0.00% 10.24% 16.74%
Basic Materials
5.19% 0.00% 5.43% 7.49%
Real Estate
3.83% 1.76% 99.17% 44.93%
Energy
3.27% 0.00% 4.97% 56.83%
Utilities
2.57% 0.00% 6.81% 31.72%

Stock Geographic Breakdown

Weighting Return Low Return High NWMAX % Rank
US
30.87% 4.23% 66.74% 98.68%
Non US
29.63% 0.00% 43.65% 41.85%

NWMAX - Expenses

Operational Fees

NWMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.90% 0.06% 1.84% 26.87%
Management Fee 0.13% 0.00% 0.86% 41.78%
12b-1 Fee 0.25% 0.00% 1.00% 54.92%
Administrative Fee 0.25% 0.01% 0.30% 86.54%

Sales Fees

NWMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 3.50% 5.75% 44.00%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

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

NWMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 24.30% 2.00% 112.00% 52.86%

NWMAX - Distributions

Dividend Yield Analysis

NWMAX Category Low Category High NWMAX % Rank
Dividend Yield 15.52% 0.00% 0.00% 72.81%

Dividend Distribution Analysis

NWMAX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

NWMAX Category Low Category High NWMAX % Rank
Net Income Ratio 2.55% -0.21% 5.03% 3.64%

Capital Gain Distribution Analysis

NWMAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

NWMAX - Fund Manager Analysis

Managers

Christopher Graham


Start Date

Tenure

Tenure Rank

Nov 15, 2016

5.13

5.1%

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 Robinette


Start Date

Tenure

Tenure Rank

Jun 30, 2017

4.51

4.5%

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


Start Date

Tenure

Tenure Rank

Jun 30, 2017

4.51

4.5%

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 Category High Category Average Category Mode
0.07 17.18 5.43 2.0