The management team at the helm of Nationwide’s Investor Destinations five target-risk funds has stabilized, but the series’ lineup of underlying funds does not stand out. The cheaper share classes across the series’ five funds retain a Morningstar Analyst Rating of Neutral, while the most expensive C share class receives a Negative for all but the moderate fund.
Nationwide Inv Dest Agrsv Svc NDASX
NAV / 1-Day Return
10.72
/
0.74
%
Total Assets
1.1 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.930%
Expense Ratio
0.930%
Fee Level
Below Average
Longest Manager Tenure
4.59
years
Category
Allocation--85%+ Equity
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
Medium / LimitedStatus
Open
TTM Yield
4.49%
Turnover
—
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
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Management has stabilized, but this target risk series still doesn’t stand out.
