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Name

As of 10/04/2024

Price

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

Nationwide Destination 2065 Fund

NWATX | Fund

$13.77

$9.43 M

0.73%

$0.10

0.67%

Vitals

YTD Return

14.4%

1 yr return

27.7%

3 Yr Avg Return

5.3%

5 Yr Avg Return

N/A

Net Assets

$9.43 M

Holdings in Top 10

100.0%

52 WEEK LOW AND HIGH

$13.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.67%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 71.42%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$50,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 10/04/2024

Price

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

Nationwide Destination 2065 Fund

NWATX | Fund

$13.77

$9.43 M

0.73%

$0.10

0.67%

NWATX - Profile

Distributions

  • YTD Total Return 14.4%
  • 3 Yr Annualized Total Return 5.3%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.48%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Nationwide Destination 2065 Fund
  • Fund Family Name
    Nationwide Mutual Funds
  • Inception Date
    Feb 28, 2020
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Keith Robinette

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 2065. Therefore, the Fund currently emphasizes the pursuit of long-term growth of capital, and invests principally in equity securities, such as common stocks of U.S. and international companies. As of January 31, 2024, the Fund allocated approximately 62% of its net assets in U.S. stocks (including smaller company stocks), approximately 29% in international stocks, and approximately 9% in bonds. As the year 2065 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 mutual funds of Nationwide Mutual Funds, but also may invest in unaffiliated exchange-traded funds (each, an “Underlying Fund” or collectively, “Underlying Funds”), that collectively represent several asset classes. Certain Underlying Funds are actively managed, and other 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. 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 2065 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.
Read More

NWATX - Performance

Return Ranking - Trailing

Period NWATX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.4% 3.9% 12.9% 43.67%
1 Yr 27.7% 30.7% 65.2% 6.03%
3 Yr 5.3%* 8.7% 13.7% N/A
5 Yr N/A* 10.3% 14.1% N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period NWATX Return Category Return Low Category Return High Rank in Category (%)
2023 17.3% -3.3% 18.9% N/A
2022 -20.2% 11.7% 29.3% N/A
2021 11.3% -23.9% -7.8% N/A
2020 N/A 13.0% 20.8% N/A
2019 N/A 1.7% 8.6% N/A

Total Return Ranking - Trailing

Period NWATX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.4% 3.9% 12.9% 43.67%
1 Yr 27.7% 30.7% 65.2% 5.67%
3 Yr 5.3%* 7.7% 13.7% N/A
5 Yr N/A* 9.6% 14.1% N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period NWATX Return Category Return Low Category Return High Rank in Category (%)
2023 20.2% -3.3% 18.9% N/A
2022 -18.8% 11.7% 29.3% N/A
2021 17.5% -23.9% -5.7% N/A
2020 N/A 14.1% 22.7% N/A
2019 N/A 1.7% 11.0% N/A

NAV & Total Return History

NWATX - Holdings

Concentration Analysis

NWATX Category Low Category High NWATX % Rank
Net Assets 9.43 M 60.7 K 7.18 B 83.60%
Number of Holdings 8 4 494 76.57%
Net Assets in Top 10 9.02 M 51.6 K 7.13 B 82.56%
Weighting of Top 10 100.00% 38.0% 100.0% 12.54%

Top 10 Holdings

  1. Nationwide Fundamental All Cap Equity Portfolio, Class R6 38.04%
  2. Nationwide International Index Fund, Class R6 21.82%
  3. Nationwide U.S. 130/30 Equity Portfolio, Class R6 15.13%
  4. Nationwide Bond Portfolio, Class R6 8.45%
  5. Nationwide Mid Cap Market Index Fund, Class R6 8.06%
  6. iShares Core MSCI Emerging Markets ETF 4.86%
  7. Nationwide Small Cap Index Fund, Class R6 3.29%
  8. iShares 20+ Year Treasury Bond ETF 0.35%

Asset Allocation

Weighting Return Low Return High NWATX % Rank
Convertible Bonds 		0.93% 0.00% 0.77% 1.09%
Stocks 		0.00% 65.98% 98.58% 98.91%
Preferred Stocks 		0.00% 0.00% 0.36% 82.29%
Other 		0.00% -0.07% 13.26% 2.18%
Cash 		0.00% -86.71% 14.73% 2.45%
Bonds 		0.00% 0.00% 92.61% 56.13%

NWATX - Expenses

Operational Fees

NWATX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.67% 0.02% 35.30% 83.52%
Management Fee 0.13% 0.00% 0.94% 40.59%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.25% 0.01% 0.30% 88.89%

Sales Fees

NWATX 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

NWATX 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.

NWATX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 71.42% 3.00% 208.00% N/A

NWATX - Distributions

Dividend Yield Analysis

NWATX Category Low Category High NWATX % Rank
Dividend Yield 0.73% 0.00% 1.44% 8.33%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

NWATX Category Low Category High NWATX % Rank
Net Income Ratio 0.48% -0.04% 8.75% 4.20%

Capital Gain Distribution Analysis

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

Distributions History

View More +

NWATX - Fund Manager Analysis

Managers

Keith Robinette

Start Date

Tenure

Tenure Rank

Feb 28, 2020

2.25

2.3%

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.

Andrew Urban

Start Date

Tenure

Tenure Rank

Feb 28, 2020

2.25

2.3%

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.

Christopher Graham

Start Date

Tenure

Tenure Rank

Feb 28, 2020

2.25

2.3%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 8.11 2.38 1.25

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