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Morningstar

Nationwide Inv Dest Mod Agrsv R6 GMIAX

Morningstar Medalist Rating
Medalist Rating as of | See Nationwide Investment Hub
  • NAV / 1-Day Return 9.11  /  1.33 %
  • Total Assets 1.2 Bil
  • Adj. Expense Ratio
    0.180%
  • Expense Ratio 0.500%
  • Distribution Fee Level Below Average
  • Share Class Type Retirement, Large
  • Category Moderately Aggressive Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Status Open
  • TTM Yield 1.49%
  • Turnover 37%

USD | NAV as of Jun 02, 2023 | 1-Day Return as of Jun 02, 2023, 11:24 PM GMT+0

Morningstar’s Analysis GMIAX

Will GMIAX 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 GMIAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the GMIAX 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 GMIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Continued team refinement and a riskier approach limit this series.

Analyst Vedran Beogradlija

Vedran Beogradlija

Analyst

Summary

The Nationwide Investor Destinations target-risk series’ unstable supporting cast is concerning given its riskier positioning and complex underlying lineup. Most share classes receive Morningstar Analyst Ratings of Neutral, while the pricier C and R shares (moderately aggressive and conservative portfolios) are rated Negative.

by Vedran Beogradlija
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings GMIAX

More GMIAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 0
  • Other Holdings 14
  • % Assets in Top 10 Holdings 96.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Nationwide Multi-Cap Portfolio R6

34.07
424,739,528
—

Nationwide Bond Portfolio R6

14.62
182,213,996
—

Nationwide International Index R6

12.86
160,268,634
—

Nationwide U.S. 130/30 Equity R6

11.56
144,133,237
—

Nationwide Mid Cap Market Idx R6

7.72
96,181,743
—

iShares Core MSCI Emerging Markets ETF

7.32
91,233,289
—

Nationwide International Sm Cp R6

3.32
41,441,916
—

Nationwide Loomis Core Bond R6

1.95
24,290,022
—

iShares Core S&P Small-Cap ETF

1.94
24,187,892
—

Nationwide GQG US Quality Eq R6

1.53
19,024,233
—