NWNAX: Nationwide Destination 2045 A

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NWNAX Nationwide Destination 2045 A


Profile

NWNAX - Profile

Vitals

  • YTD Return -6.0%
  • 3 Yr Annualized Return -5.1%
  • 5 Yr Annualized Return -1.0%
  • Net Assets $184 M
  • Holdings in Top 10 100.0%

52 WEEK LOW AND HIGH

$9.08
$6.60
$10.57

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.63%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 69.22%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,000
  • IRA $1,000

Fund Classification


Distributions

  • YTD Total Return -6.0%
  • 3 Yr Annualized Total Return 0.6%
  • 5 Yr Annualized Total Return 5.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.62%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Nationwide Destination 2045 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 2045. The fund allocates approximately 60% of its net assets in U.S. stocks (including smaller company stocks), approximately 29% in international stocks, and approximately 11% in bonds.


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Categories

Performance

NWNAX - Performance

Return Ranking - Trailing

Period NWNAX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.0% -42.4% 39.2% 79.81%
1 Yr -7.6% -47.6% 49.9% 85.97%
3 Yr -5.1%* -37.6% 17.4% 86.57%
5 Yr -1.0%* -18.9% 16.6% 84.52%
10 Yr 1.2%* -9.5% 13.2% 79.69%

* Annualized

Return Ranking - Calendar

Period NWNAX Return Category Return Low Category Return High Rank in Category (%)
2019 12.7% -46.3% 66.4% 80.99%
2018 -18.5% -64.5% 1.8% 75.68%
2017 9.6% -38.9% 80.9% 88.87%
2016 1.7% -26.1% 36.8% 77.07%
2015 -6.7% -42.3% 13.2% 58.79%

Total Return Ranking - Trailing

Period NWNAX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.0% -42.4% 39.2% 79.81%
1 Yr -7.6% -47.6% 49.9% 85.97%
3 Yr 0.6%* -37.0% 20.0% 66.32%
5 Yr 5.2%* -17.0% 17.3% 59.94%
10 Yr 6.8%* -5.8% 15.4% 44.68%

* Annualized

Total Return Ranking - Calendar

Period NWNAX Return Category Return Low Category Return High Rank in Category (%)
2019 12.7% -46.3% 66.4% 80.99%
2018 -9.0% -64.5% 4.0% 26.00%
2017 17.9% -9.3% 80.9% 69.98%
2016 9.9% -23.9% 39.4% 11.33%
2015 -1.9% -34.5% 13.2% 44.68%

NAV & Total Return History


Holdings

NWNAX - Holdings

Concentration Analysis

NWNAX Category Low Category High NWNAX % Rank
Net Assets 184 M 12 K 55 B 54.89%
Number of Holdings 9 2 8660 87.29%
Net Assets in Top 10 184 M 77.7 K 33 B 47.41%
Weighting of Top 10 99.95% 10.7% 109.6% 8.32%

Top 10 Holdings

  1. Nationwide Multi-Cap Portfolio R6 50.86%
  2. Nationwide International Index R6 21.05%
  3. iShares Core MSCI Emerging Markets ETF 7.31%
  4. Nationwide Bond Index R6 7.19%
  5. Nationwide Mid Cap Market Idx R6 6.70%
  6. Nationwide Small Cap Index R6 2.91%
  7. Nationwide Core Plus Bond R6 2.09%
  8. iShares 20+ Year Treasury Bond ETF 1.85%

Asset Allocation

Weighting Return Low Return High NWNAX % Rank
Stocks
86.82% 62.95% 259.02% 70.64%
Bonds
17.83% -235.37% 28.44% 1.66%
Convertible Bonds
0.75% 0.00% 6.64% 2.49%
Preferred Stocks
0.02% 0.00% 13.36% 40.50%
Other
-0.57% -2.38% 75.09% 98.38%
Cash
-4.85% -93.75% 187.11% 98.32%

Stock Sector Breakdown

Weighting Return Low Return High NWNAX % Rank
Technology
19.08% 0.00% 51.17% 38.22%
Financial Services
14.17% 0.00% 47.35% 44.20%
Healthcare
13.66% 0.00% 53.30% 46.76%
Consumer Cyclical
11.57% 0.00% 32.90% 38.65%
Industrials
10.73% 0.00% 47.47% 40.59%
Communication Services
8.86% 0.00% 37.99% 51.00%
Consumer Defense
7.85% 0.00% 30.49% 33.79%
Basic Materials
4.19% 0.00% 34.56% 47.19%
Real Estate
3.87% 0.00% 43.77% 48.00%
Utilities
3.12% 0.00% 80.71% 39.53%
Energy
2.90% 0.00% 85.32% 59.35%

Stock Geographic Breakdown

Weighting Return Low Return High NWNAX % Rank
Non US
47.92% 5.26% 193.33% 14.27%
US
38.90% -0.92% 78.23% 89.84%

Bond Sector Breakdown

Weighting Return Low Return High NWNAX % Rank
Government
32.52% -2.84% 85.11% 18.60%
Corporate
29.57% 0.00% 99.82% 28.21%
Securitized
21.32% 0.00% 40.76% 10.61%
Cash & Equivalents
15.90% -0.83% 187.10% 85.71%
Derivative
0.56% -170.75% 74.30% 22.03%
Municipal
0.13% 0.00% 5.04% 33.65%

Bond Geographic Breakdown

Weighting Return Low Return High NWNAX % Rank
US
11.01% -189.52% 31.35% 8.60%
Non US
6.82% -10.76% 33.33% 1.87%

Expenses

NWNAX - Expenses

Operational Fees

NWNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.63% 0.01% 45.88% 62.68%
Management Fee 0.13% 0.00% 1.60% 40.88%
12b-1 Fee 0.25% 0.00% 1.00% 55.50%
Administrative Fee 0.25% 0.01% 0.70% 90.39%

Sales Fees

NWNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 2.25% 5.75% 39.70%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

NWNAX 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.

NWNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 69.22% 0.00% 614.00% 84.73%

Distributions

NWNAX - Distributions

Dividend Yield Analysis

NWNAX Category Low Category High NWNAX % Rank
Dividend Yield 0.00% 0.00% 11.17% 91.41%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

NWNAX Category Low Category High NWNAX % Rank
Net Income Ratio 1.62% -7.55% 13.14% 45.82%

Capital Gain Distribution Analysis

NWNAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History

View More +

Fund Manager Analysis

NWNAX - Fund Manager Analysis

Managers

Christopher Graham


Start Date

Tenure

Tenure Rank

Nov 15, 2016

3.79

3.8%

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.

Andrew Urban


Start Date

Tenure

Tenure Rank

Jun 30, 2017

3.17

3.2%

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.

Keith Robinette


Start Date

Tenure

Tenure Rank

Jun 30, 2017

3.17

3.2%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 38.02 5.22 0.67