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Trending ETFs

Nationwide Destination 2040 Fund

mutual fund
NWMSX
Dividend policy
Active
Price as of:
$10.98 +0.1 +0.92%
primary theme
Target-Date 2040
NWMSX (Mutual Fund)

Nationwide Destination 2040 Fund

Dividend policy
Active
Price as of:
$10.98 +0.1 +0.92%
primary theme
Target-Date 2040
NWMSX (Mutual Fund)

Nationwide Destination 2040 Fund

Dividend policy
Active
Price as of:
$10.98 +0.1 +0.92%
primary theme
Target-Date 2040

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$10.98

$182 M

0.53%

$0.06

0.65%

Vitals

YTD Return

11.8%

1 yr return

16.4%

3 Yr Avg Return

13.5%

5 Yr Avg Return

11.5%

Net Assets

$182 M

Holdings in Top 10

99.3%

52 WEEK LOW AND HIGH

$10.9
$9.71
$11.41

Expenses

OPERATING FEES

Expense Ratio 0.65%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 25.82%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$50,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Target-Date 2040


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$10.98

$182 M

0.53%

$0.06

0.65%

NWMSX - Profile

Distributions

  • YTD Total Return 11.8%
  • 3 Yr Annualized Total Return 13.5%
  • 5 Yr Annualized Total Return 11.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 6.44%
DIVIDENDS
  • Dividend Yield 0.5%
  • 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
    Inst
  • 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.


NWMSX - Performance

Return Ranking - Trailing

Period NWMSX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.8% 6.6% 15.5% 53.74%
1 Yr 16.4% 11.2% 32.5% 61.09%
3 Yr 13.5%* 10.1% 16.5% 74.76%
5 Yr 11.5%* 9.1% 14.2% 80.90%
10 Yr 10.5%* 8.6% 12.7% 57.89%

* Annualized

Return Ranking - Calendar

Period NWMSX Return Category Return Low Category Return High Rank in Category (%)
2020 6.3% 3.3% 14.9% 93.56%
2019 11.7% 4.1% 22.6% 80.30%
2018 -18.0% -23.1% -6.9% 78.29%
2017 8.4% -15.1% 18.8% 88.34%
2016 0.6% -0.2% 8.2% 91.49%

Total Return Ranking - Trailing

Period NWMSX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.8% 6.6% 15.5% 53.74%
1 Yr 16.4% 5.6% 20.8% 51.83%
3 Yr 13.5%* 8.0% 16.5% 68.12%
5 Yr 11.5%* 7.9% 14.2% 75.00%
10 Yr 10.5%* 8.6% 12.7% 55.73%

* Annualized

Total Return Ranking - Calendar

Period NWMSX Return Category Return Low Category Return High Rank in Category (%)
2020 6.3% 3.3% 14.9% 93.56%
2019 11.7% 4.1% 22.6% 80.30%
2018 -8.4% -23.1% -5.5% 18.86%
2017 17.3% -15.1% 26.3% 56.44%
2016 9.9% -0.1% 10.6% 2.84%

NAV & Total Return History


NWMSX - Holdings

Concentration Analysis

NWMSX Category Low Category High NWMSX % Rank
Net Assets 182 M 329 K 51.4 B 71.05%
Number of Holdings 12 4 541 76.32%
Net Assets in Top 10 181 M 249 K 50.6 B 71.05%
Weighting of Top 10 99.32% 38.4% 100.0% 19.72%

Top 10 Holdings

  1. Nationwide Multi-Cap Portfolio R6 45.29%
  2. Nationwide Bond Portfolio R6 8.14%
  3. Nationwide Contract 0.60%
  4. Nationwide Contract 0.60%
  5. Nationwide Contract 0.60%
  6. Nationwide Contract 0.60%
  7. Nationwide Contract 0.60%
  8. Nationwide Contract 0.60%
  9. Nationwide Contract 0.60%
  10. Nationwide Contract 0.60%

Asset Allocation

Weighting Return Low Return High NWMSX % Rank
Stocks
77.61% 62.42% 91.83% 77.63%
Cash
29.42% -72.19% 29.42% 1.32%
Convertible Bonds
1.03% 0.00% 1.10% 1.75%
Other
0.74% -0.29% 7.55% 26.75%
Preferred Stocks
0.05% 0.00% 0.36% 50.00%
Bonds
-8.85% -8.85% 74.33% 99.56%

Stock Sector Breakdown

Weighting Return Low Return High NWMSX % Rank
Technology
18.13% 15.94% 23.88% 82.89%
Financial Services
15.44% 13.62% 18.79% 42.98%
Healthcare
12.30% 10.47% 14.93% 51.32%
Consumer Cyclical
12.23% 9.02% 15.07% 20.61%
Industrials
11.92% 9.18% 14.61% 20.61%
Communication Services
7.75% 6.99% 11.40% 80.70%
Consumer Defense
6.81% 4.17% 10.27% 8.77%
Basic Materials
5.34% 2.97% 5.34% 1.32%
Real Estate
4.11% 1.79% 9.12% 45.61%
Energy
3.18% 1.96% 4.53% 70.18%
Utilities
2.78% 0.39% 6.51% 15.79%

Stock Geographic Breakdown

Weighting Return Low Return High NWMSX % Rank
US
41.42% 33.14% 66.74% 96.93%
Non US
36.19% 16.82% 43.79% 12.28%

Bond Sector Breakdown

Weighting Return Low Return High NWMSX % Rank
Cash & Equivalents
42.48% 2.29% 52.26% 5.70%
Government
22.88% 10.13% 61.94% 75.44%
Corporate
18.24% 0.70% 57.16% 68.86%
Securitized
12.33% 0.00% 29.59% 59.21%
Derivative
3.94% 0.00% 32.05% 13.60%
Municipal
0.12% 0.00% 22.51% 58.77%

Bond Geographic Breakdown

Weighting Return Low Return High NWMSX % Rank
US
38.46% 4.38% 56.86% 2.19%
Non US
-47.31% -47.31% 17.47% 99.56%

NWMSX - Expenses

Operational Fees

NWMSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.65% 0.06% 1.84% 48.90%
Management Fee 0.13% 0.00% 0.86% 42.22%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.25% 0.01% 0.30% 88.24%

Sales Fees

NWMSX 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

NWMSX 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.

NWMSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 25.82% 2.00% 112.00% 50.46%

NWMSX - Distributions

Dividend Yield Analysis

NWMSX Category Low Category High NWMSX % Rank
Dividend Yield 0.53% 0.00% 0.00% 67.54%

Dividend Distribution Analysis

NWMSX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

NWMSX Category Low Category High NWMSX % Rank
Net Income Ratio 6.44% -0.21% 6.53% 0.90%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

NWMSX - Fund Manager Analysis

Managers

Christopher Graham


Start Date

Tenure

Tenure Rank

Nov 15, 2016

5.04

5.0%

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

4.42

4.4%

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

4.42

4.4%

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
0.13 17.09 5.4 1.92