Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Nationwide Destination 2040 A NWMAX
- NAV / 1-Day Return 9.17 / +0.77 %
- Total Assets 172.4 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.940%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category Target-Date 2040
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 1.88%
- Turnover 40%
USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:14 PM GMT+0
Morningstar’s Analysis NWMAX
Will NWMAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 98.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Nationwide Multi-Cap Portfolio R6 | 26.43 | 48.0 Mil | — |
Nationwide Bond Portfolio R6 | 18.95 | 34.4 Mil | — |
Nationwide International Index R6 | 17.69 | 32.1 Mil | — |
Nationwide U.S. 130/30 Equity R6 | 11.80 | 21.4 Mil | — |
Nationwide Fundamental All Cap Equity R6 | 6.61 | 12.0 Mil | — |
iShares Core MSCI Emerging Markets ETF | 6.18 | 11.2 Mil | — |
Nationwide Mid Cap Market Idx R6 | 5.49 | 10.0 Mil | — |
Nationwide Small Cap Index R6 | 2.77 | 5.0 Mil | — |
Nationwide Amundi Strat Inc R6 | 1.84 | 3.3 Mil | — |
iShares 20+ Year Treasury Bond ETF | 1.01 | 1.8 Mil | — |