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 A NADMX
- NAV / 1-Day Return 9.24 / −0.11 %
- Total Assets 677.1 Mil
-
Adj. Expense Ratio
0.830%
- Expense Ratio 0.830%
- Distribution Fee Level Low
- Share Class Type Front Load
- Category Moderate Allocation
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 2.26%
- Turnover 14%
USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 11:29 PM GMT+0
Morningstar’s Analysis NADMX
Will NADMX 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 87.6
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Nationwide Bond Portfolio R6 | 22.60 | 159.5 Mil | — |
Nationwide Multi-Cap Portfolio R6 | 20.46 | 144.4 Mil | — |
Nationwide International Index R6 | 9.44 | 66.6 Mil | — |
Nationwide U.S. 130/30 Equity R6 | 9.02 | 63.7 Mil | — |
Nationwide Fundamental All Cap Equity R6 | 5.69 | 40.1 Mil | — |
Nationwide Mid Cap Market Idx R6 | 5.11 | 36.0 Mil | — |
Nationwide Loomis Core Bond R6 | 4.92 | 34.7 Mil | — |
iShares Core MSCI Emerging Markets ETF | 3.92 | 27.6 Mil | — |
Nationwide Loomis Short Term Bd R6 | 3.84 | 27.1 Mil | — |
FIDELITY GOVERNMENT PORTFOLIO - INST SHARES - FUND | 3.46 | 24.4 Mil | Cash and Equivalents |