Nationwide Investor Destinations Conservative Fund
Fund
NDCCX
Price as of:
$9.63
- $0.01
- 0.10%
Primary Theme
N/A
fund company
Name
As of 02/08/2024Price
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
Vitals
YTD Return
-0.3%
1 yr return
4.1%
3 Yr Avg Return
-1.6%
5 Yr Avg Return
1.9%
Net Assets
$352 M
Holdings in Top 10
90.1%
52 WEEK LOW AND HIGH
$9.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.57%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 28.07%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 02/08/2024Price
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
NDCCX - Profile
Distributions
- YTD Total Return -0.3%
- 3 Yr Annualized Total Return -1.6%
- 5 Yr Annualized Total Return 1.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.06%
- Dividend Yield 8.9%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameNationwide Investor Destinations Conservative Fund
-
Fund Family NameNationwide Mutual Funds
-
Inception DateJul 02, 2001
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChristopher 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 affiliated or 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 “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. The Fund also invests in many Underlying Funds that are not index funds. 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 heavily in fixed-income securities, such as bonds, mortgage-backed securities and asset-backed securities, and a relatively small portion of its assets in equity securities, such as common stocks of U.S. and international companies (including smaller companies). 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, 2023, the Fund allocated approximately 80% of its net assets in bonds, and approximately 20% in stocks. The Fund is designed for investors who have a low tolerance for risk and whose primary goal is income, or who have a short time horizon.
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NDCCX - Performance
Return Ranking - Trailing
| Period | NDCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.3% | -1.7% | 3.5% | 66.42% |
| 1 Yr | 4.1% | -8.0% | 10.3% | 73.72% |
| 3 Yr | -1.6%* | -10.0% | 5.3% | 76.52% |
| 5 Yr | 1.9%* | -8.0% | 5.9% | 84.17% |
| 10 Yr | 2.0%* | -2.0% | 4.0% | 87.64% |
* Annualized
Return Ranking - Calendar
| Period | NDCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 4.8% | -6.5% | 9.5% | 58.39% |
| 2022 | -14.2% | -24.6% | -1.5% | 36.30% |
| 2021 | 0.7% | -8.5% | 3.8% | 20.45% |
| 2020 | 4.9% | -16.2% | 11.1% | 34.68% |
| 2019 | 7.0% | 3.0% | 10.7% | 69.17% |
Total Return Ranking - Trailing
| Period | NDCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.3% | -1.7% | 3.5% | 66.42% |
| 1 Yr | 4.1% | -8.0% | 10.3% | 73.72% |
| 3 Yr | -1.6%* | -10.0% | 5.3% | 76.52% |
| 5 Yr | 1.9%* | -8.0% | 5.9% | 84.17% |
| 10 Yr | 2.0%* | -2.0% | 4.0% | 87.64% |
* Annualized
Total Return Ranking - Calendar
| Period | NDCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 7.6% | -5.6% | 13.3% | 70.80% |
| 2022 | -13.2% | -22.6% | 8.8% | 69.63% |
| 2021 | 3.0% | -8.5% | 13.8% | 68.18% |
| 2020 | 7.4% | -13.7% | 13.5% | 63.71% |
| 2019 | 9.6% | 5.7% | 18.4% | 81.67% |
NAV & Total Return History
NDCCX - Holdings
Concentration Analysis
| NDCCX | Category Low | Category High | NDCCX % Rank | |
|---|---|---|---|---|
| Net Assets | 352 M | 8.81 M | 5.24 B | 46.72% |
| Number of Holdings | 18 | 2 | 2856 | 62.04% |
| Net Assets in Top 10 | 305 M | 10.2 M | 5.05 B | 40.88% |
| Weighting of Top 10 | 90.10% | 10.9% | 113.2% | 54.01% |
Top 10 Holdings
- Nationwide Bond Portfolio, Class R6 36.55%
- Nationwide Loomis Short Term Bond Fund, Class R6 13.09%
- Fidelity Investments Money Market Government Portfolio - Institutional Class 13.04%
- Nationwide Multi-Cap Portfolio, Class R6 7.03%
- Nationwide Inflation-Protected Securities Fund, Class R6 5.09%
- iShares 20+ Year Treasury Bond ETF 3.82%
- iShares 7-10 Year Treasury Bond ETF 3.07%
- iShares U.S. Treasury Bond ETF 3.06%
- Nationwide U.S. 130/30 Equity Portfolio, Class R6 2.96%
- Nationwide International Index Fund, Class R6 2.39%
Asset Allocation
| Weighting | Return Low | Return High | NDCCX % Rank | |
|---|---|---|---|---|
| Cash | 13.06% | 0.00% | 47.35% | 14.60% |
| Convertible Bonds | 1.78% | 0.00% | 3.97% | 31.39% |
| Stocks | 0.00% | 0.00% | 100.10% | 97.81% |
| Preferred Stocks | 0.00% | 0.00% | 1.18% | 72.99% |
| Other | 0.00% | -72.38% | 13.46% | 72.26% |
| Bonds | 0.00% | 0.00% | 155.61% | 78.83% |
NDCCX - Expenses
Operational Fees
| NDCCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.57% | 0.11% | 6.36% | 22.63% |
| Management Fee | 0.13% | 0.00% | 1.25% | 37.23% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 95.18% |
| Administrative Fee | 0.07% | 0.01% | 0.70% | 41.18% |
Sales Fees
| NDCCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 1.00% | 78.57% |
Trading Fees
| NDCCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 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.
| NDCCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 28.07% | 6.00% | 318.00% | 43.20% |
NDCCX - Distributions
Dividend Yield Analysis
| NDCCX | Category Low | Category High | NDCCX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 8.88% | 0.00% | 3.70% | 68.61% |
Dividend Distribution Analysis
| NDCCX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Monthly | Monthly |
Net Income Ratio Analysis
| NDCCX | Category Low | Category High | NDCCX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.06% | -1.30% | 3.99% | 77.78% |
Capital Gain Distribution Analysis
| NDCCX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 16, 2022 | $0.009 | OrdinaryDividend |
| Jun 10, 2022 | $0.009 | OrdinaryDividend |
| Sep 10, 2021 | $0.005 | OrdinaryDividend |
| Jun 11, 2021 | $0.005 | OrdinaryDividend |
| Dec 24, 2020 | $0.120 | OrdinaryDividend |
| Sep 11, 2020 | $0.096 | OrdinaryDividend |
| Jun 12, 2020 | $0.016 | OrdinaryDividend |
| Mar 13, 2020 | $0.006 | OrdinaryDividend |
| Sep 13, 2019 | $0.030 | OrdinaryDividend |
| Jun 12, 2019 | $0.037 | OrdinaryDividend |
| Mar 13, 2019 | $0.010 | OrdinaryDividend |
| Sep 13, 2018 | $0.031 | OrdinaryDividend |
| Jun 13, 2018 | $0.036 | OrdinaryDividend |
| Mar 14, 2018 | $0.013 | OrdinaryDividend |
| Sep 15, 2017 | $0.034 | OrdinaryDividend |
| Jun 14, 2017 | $0.031 | OrdinaryDividend |
| Mar 15, 2017 | $0.018 | OrdinaryDividend |
| Sep 16, 2016 | $0.023 | OrdinaryDividend |
| Jun 15, 2016 | $0.024 | OrdinaryDividend |
| Mar 16, 2016 | $0.018 | OrdinaryDividend |
| Sep 16, 2015 | $0.019 | OrdinaryDividend |
| Jun 17, 2015 | $0.023 | OrdinaryDividend |
| Mar 18, 2015 | $0.012 | OrdinaryDividend |
| Sep 19, 2014 | $0.019 | OrdinaryDividend |
| Jun 18, 2014 | $0.017 | OrdinaryDividend |
| Mar 19, 2014 | $0.007 | OrdinaryDividend |
| Feb 19, 2014 | $0.004 | ExtraDividend |
| Sep 27, 2013 | $0.011 | OrdinaryDividend |
| Jun 26, 2013 | $0.021 | OrdinaryDividend |
| Mar 20, 2013 | $0.016 | OrdinaryDividend |
| Sep 12, 2012 | $0.027 | OrdinaryDividend |
| Jun 20, 2012 | $0.037 | OrdinaryDividend |
| Mar 21, 2012 | $0.015 | OrdinaryDividend |
| Dec 22, 2011 | $0.046 | OrdinaryDividend |
| Sep 21, 2011 | $0.029 | OrdinaryDividend |
| Jun 22, 2011 | $0.032 | OrdinaryDividend |
| Mar 23, 2011 | $0.024 | OrdinaryDividend |
| Dec 30, 2010 | $0.050 | OrdinaryDividend |
| Sep 27, 2010 | $0.030 | OrdinaryDividend |
| Jun 23, 2010 | $0.052 | OrdinaryDividend |
| Mar 24, 2010 | $0.008 | OrdinaryDividend |
| Dec 23, 2009 | $0.070 | OrdinaryDividend |
| Sep 23, 2009 | $0.033 | OrdinaryDividend |
| Jun 24, 2009 | $0.046 | OrdinaryDividend |
| Mar 25, 2009 | $0.037 | OrdinaryDividend |
| Dec 23, 2008 | $0.063 | OrdinaryDividend |
| Sep 24, 2008 | $0.051 | OrdinaryDividend |
| Jun 25, 2008 | $0.066 | OrdinaryDividend |
| Mar 26, 2008 | $0.055 | OrdinaryDividend |
| Dec 27, 2007 | $0.076 | OrdinaryDividend |
| Sep 26, 2007 | $0.070 | OrdinaryDividend |
| Jun 27, 2007 | $0.087 | OrdinaryDividend |
NDCCX - 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.
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.
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.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 26.96 | 6.06 | 1.92 |