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Morningstar

Nationwide Inv Dest Mod R GMDRX

Morningstar Medalist Rating
Medalist Rating as of | See Nationwide Investment Hub
  • NAV / 1-Day Return 9.32  /  +0.76 %
  • Total Assets 691.3 Mil
  • Adj. Expense Ratio
    1.140%
  • Expense Ratio 1.140%
  • Distribution Fee Level Below Average
  • Share Class Type Retirement, Medium
  • Category Moderate Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 2.09%
  • Turnover 14%

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0

Morningstar’s Analysis GMDRX

Will GMDRX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GMDRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the GMDRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of GMDRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Changes in the supporting cast continue to be a concern when it comes to executing these multi-layered portfolios.

Analyst Vedran Beogradlija

Vedran Beogradlija

Analyst

Summary

Team turnover at the Nationwide Investor Destination target-risk series remains a concern, especially when it comes to managing the many components of this multilayered strategy.

by Vedran Beogradlija
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings GMDRX

More GMDRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 89.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Nationwide Fundamental All Cap Equity R6

25.68 178.9 Mil
—

Nationwide Bond Portfolio R6

23.41 163.1 Mil
—

Nationwide International Index R6

9.06 63.1 Mil
—

Nationwide U.S. 130/30 Equity R6

8.90 62.0 Mil
—

Nationwide Loomis Core Bond R6

5.00 34.8 Mil
—

Nationwide Mid Cap Market Idx R6

4.77 33.2 Mil
—

iShares Core MSCI Emerging Markets ETF

4.16 29.0 Mil
—

Nationwide Loomis Short Term Bd R6

3.93 27.4 Mil
—

FIDELITY GOVERNMENT PORTFOLIO - INST SHARES - FUND

3.55 24.7 Mil
Cash and Equivalents

iShares Core S&P Small-Cap ETF

2.57 17.9 Mil
—