Nationwide Mutual Funds - Nationwide Destination 2060 Fund Class C
Fund
NWWSX
Price as of:
$10.40
- $0.00
- 0.00%
Primary Theme
N/A
fund company
Name
As of 09/10/2019Price
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
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$44.2 M
Holdings in Top 10
100.0%
52 WEEK LOW AND HIGH
$10.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio N/A
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 09/10/2019Price
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
NWWSX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
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Legal NameFund Summary: Nationwide Destination 2060 Fund
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Fund Family NameNationwide Mutual Funds
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Inception DateN/A
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Shares OutstandingN/A
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Share ClassN/A
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CurrencyUSD
-
Domiciled CountryUS
Fund Description
The Fund is a “fund-of-funds” that invests primarily in affiliated mutual funds representing a variety of asset classes. The Fund invests in a professionally selected mix of different asset classes that is tailored for investors planning to retire in, or close to, the year 2060. Therefore, the Fund currently emphasizes the pursuit of long-term growth of capital, and invests heavily in equity securities, such as common stocks of U.S. and international companies, including smaller companies. As of January 31, 2023, the Fund allocated approximately 67% of its net assets in U.S. stocks (including smaller company stocks), approximately 25% in international stocks, and approximately 8% in bonds. As the year 2060 approaches, the Fund’s allocations to different asset classes will progressively become more conservative with increasing emphasis on investments that provide for income and preservation of capital, and less on those offering the potential for growth.The Fund invests primarily in affiliated portfolios of Nationwide Mutual Funds, but also may invest in affiliated or unaffiliated exchange-traded funds (each, an “Underlying Fund” or collectively, “Underlying Funds”), that collectively represent several asset classes. Certain Underlying Funds are “index” funds that invest directly in equity securities, bonds or other securities with a goal of obtaining investment returns that closely track a benchmark stock or bond 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 several 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 (futures, options, and swaps) in addition to investing in Underlying Funds. Further, the Underlying Funds in which the Fund invests generally are diversified.The Fund is designed for aggressive investors who are comfortable with assuming the risks associated with investing in a high percentage of stocks, including international stocks and smaller companies. The Fund seeks exposure to securities of foreign issuers, which may include securities of issuers in emerging market countries. The Fund also assumes that its investors will retire in or close to 2060 at the age of 65, and that such investors want to maximize their long-term returns and have a high tolerance for possible short-term losses.Once the Fund reaches the year of its target date, Nationwide Fund Advisors (the “Adviser”) expects to recommend that the Nationwide Mutual Funds' Board of Trustees approve combining the Fund with the Nationwide Destination Retirement Fund, which offers investors the most conservative and income-oriented allocation scheme of the Nationwide Target Destination Funds. If the combination is approved and applicable regulatory requirements are met, the Fund's shareholders would then become shareholders of the Nationwide Destination Retirement Fund. Shareholders will be provided with additional information at that time, including information pertaining to any tax consequences of the combination.
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NWWSX - Performance
Return Ranking - Trailing
Period | NWWSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -42.4% | 39.2% | 42.54% |
1 Yr | N/A | -47.6% | 49.9% | 17.43% |
3 Yr | N/A* | -37.6% | 17.4% | 43.07% |
5 Yr | N/A* | -18.9% | 16.6% | 65.03% |
10 Yr | N/A* | -9.5% | 13.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | NWWSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -46.3% | 66.4% | 89.99% |
2022 | N/A | -64.5% | 1.8% | 60.85% |
2021 | N/A | -38.9% | 80.9% | 72.46% |
2020 | N/A | -26.1% | 36.8% | 25.69% |
2019 | -15.8% | -42.3% | 13.2% | 36.28% |
Total Return Ranking - Trailing
Period | NWWSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -42.4% | 39.2% | 42.54% |
1 Yr | N/A | -47.6% | 49.9% | 17.43% |
3 Yr | N/A* | -37.0% | 20.0% | 20.91% |
5 Yr | N/A* | -17.0% | 17.3% | 61.14% |
10 Yr | N/A* | -5.8% | 15.4% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | NWWSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -46.3% | 66.4% | 89.99% |
2022 | N/A | -64.5% | 4.0% | 35.87% |
2021 | N/A | -9.3% | 80.9% | 69.82% |
2020 | N/A | -23.9% | 39.4% | 11.60% |
2019 | -9.8% | -34.5% | 13.2% | 53.30% |
NAV & Total Return History
NWWSX - Holdings
Concentration Analysis
NWWSX | Category Low | Category High | NWWSX % Rank | |
---|---|---|---|---|
Net Assets | 44.2 M | 12 K | 55 B | 84.02% |
Number of Holdings | 7 | 2 | 8660 | 87.04% |
Net Assets in Top 10 | 33.3 M | 77.7 K | 33 B | 77.76% |
Weighting of Top 10 | 100.04% | 10.7% | 109.6% | 3.77% |
Top 10 Holdings
- Nationwide Multi-Cap Portfolio 56.13%
- Nationwide International Index Fund 17.52%
- Nationwide Mid Cap Market Index Fund 8.04%
- iShares Core MSCI Emerging Markets ETF 7.54%
- Nationwide Bond Portfolio 6.79%
- Nationwide Small Cap Index Fund 3.26%
- iShares 20+ Year Treasury Bond ETF 0.76%
Asset Allocation
Weighting | Return Low | Return High | NWWSX % Rank | |
---|---|---|---|---|
Stocks | 0.00% | 62.95% | 259.02% | 99.75% |
Preferred Stocks | 0.00% | 0.00% | 13.36% | 50.40% |
Other | 0.00% | -2.38% | 75.09% | 20.12% |
Convertible Bonds | 0.00% | 0.00% | 6.64% | 10.53% |
Cash | 0.00% | -93.75% | 187.11% | 0.06% |
Bonds | 0.00% | -235.37% | 28.44% | 99.51% |
NWWSX - Expenses
Operational Fees
NWWSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | N/A | 0.01% | 45.88% | 36.38% |
Management Fee | N/A | 0.00% | 1.60% | 39.10% |
12b-1 Fee | N/A | 0.00% | 1.00% | 93.60% |
Administrative Fee | N/A | 0.01% | 0.70% | 87.19% |
Sales Fees
NWWSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | 60.14% |
Trading Fees
NWWSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.20% | 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.
NWWSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 614.00% | 25.98% |
NWWSX - Distributions
Dividend Yield Analysis
NWWSX | Category Low | Category High | NWWSX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 11.17% | 57.46% |
Dividend Distribution Analysis
NWWSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Quarterly | Annually |
Net Income Ratio Analysis
NWWSX | Category Low | Category High | NWWSX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -7.55% | 13.14% | 72.81% |
Capital Gain Distribution Analysis
NWWSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Quarterly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 12, 2019 | $0.017 | OrdinaryDividend |
Sep 13, 2018 | $0.006 | OrdinaryDividend |
Jun 13, 2018 | $0.036 | OrdinaryDividend |
Sep 15, 2017 | $0.006 | OrdinaryDividend |
Jun 14, 2017 | $0.031 | OrdinaryDividend |
Sep 16, 2016 | $0.000 | OrdinaryDividend |
Jun 15, 2016 | $0.023 | OrdinaryDividend |
Sep 16, 2015 | $0.003 | OrdinaryDividend |
Jun 17, 2015 | $0.027 | OrdinaryDividend |
Dec 22, 2014 | $0.120 | OrdinaryDividend |