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Morningstar

Nationwide Destination Ret A NWEAX

Morningstar Medalist Rating
Medalist Rating as of | See Nationwide Investment Hub
  • NAV / 1-Day Return 7.31  /  0.41 %
  • Total Assets 101.1 Mil
  • Adj. Expense Ratio
    0.920%
  • Expense Ratio 0.920%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Target-Date Retirement
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 1.56%
  • Turnover 40%

USD | NAV as of Dec 04, 2023 | 1-Day Return as of Dec 04, 2023, 11:15 PM GMT+0

Morningstar’s Analysis NWEAX

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

People Pillar

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

Weakness in Nationwide Destination Ret A's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings NWEAX

More NWEAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 0
  • Other Holdings 11
  • % Assets in Top 10 Holdings 91.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Nationwide Bond Portfolio R6

44.45
44,445,819
—

Nationwide Multi-Cap Portfolio R6

12.27
12,269,441
—

FIDELITY GOVERNMENT PORTFOLIO - INST SHARES - FUND

8.15
8,152,415
Cash and Equivalents

Nationwide International Index R6

7.99
7,989,809
—

Nationwide Inflation-Prot Secs R6

6.74
6,734,425
—

Nationwide Amundi Strat Inc R6

5.75
5,749,935
—

Nationwide U.S. 130/30 Equity R6

5.58
5,578,845
—

Nationwide Fundamental All Cap Equity R6

3.07
3,070,270
—

iShares Core MSCI Emerging Markets ETF

2.35
2,353,278
—

iShares 20+ Year Treasury Bond ETF

2.00
1,999,339
—