Nationwide Investor Destination’s target-risk series adds complexity to an otherwise industry-standard approach, while continued turnover drives concerns on whether the team can support the strategy consistently. The series receives a Morningstar Medalist Rating of Neutral across all shares for the Aggressive fund, while the remaining funds get Neutral for the cheapest shares, and Negative for the most expensive.
Nationwide Inv Dest Mod Cnsrv R6 GMIMX
- NAV / 1-Day Return 9.90 / +0.10 %
- Total Assets 253.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.520%
- Distribution Fee Level Below Average
- Share Class Type Retirement, Large
- Category Moderately Conservative Allocation
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 3.19%
- Turnover 13%
USD | NAV as of May 07, 2024 | 1-Day Return as of May 07, 2024, 10:22 PM GMT+0
Morningstar’s Analysis GMIMX
Will GMIMX 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 85.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Nationwide Bond Portfolio R6 | 32.25 | 83.4 Mil | — |
Nationwide Multi-Cap Portfolio R6 | 13.92 | 36.0 Mil | — |
Nationwide Loomis Short Term Bd R6 | 7.83 | 20.2 Mil | — |
Nationwide U.S. 130/30 Equity R6 | 6.61 | 17.1 Mil | — |
Nationwide International Index R6 | 6.30 | 16.3 Mil | — |
Nationwide Loomis Core Bond R6 | 4.87 | 12.6 Mil | — |
Nationwide Mid Cap Market Idx R6 | 4.36 | 11.3 Mil | — |
FIDELITY GOVERNMENT PORTFOLIO - INST SHARES - FUND | 4.06 | 10.5 Mil | Cash and Equivalents |
Nationwide Fundamental All Cap Equity R6 | 3.86 | 10.0 Mil | — |
Nationwide Inflation-Prot Secs R6 | 2.94 | 7.6 Mil | — |