Morningstar

Nationwide Destination 2040 Fund Class A NWMAX

Morningstar Medalist Rating
Medalist Rating as of | See Nationwide Investment Hub
  • NAV / 1-Day Return 10.34  /  +0.78 %
  • Total Assets 197.2M
  • Adj. Expense Ratio
    0.970%
  • Expense Ratio 0.630%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Target-Date 2040
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Status Open
  • TTM Yield 3.59%
  • Turnover 41%

USD | NAV as of Jul 10, 2026 | 1-Day Return as of Jul 10, 2026, 12:11 AM GMT+0

Morningstar’s Analysis NWMAX

Will NWMAX outperform in the 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 NWMAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Nationwide Destination 2040 A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings NWMAX

More NWMAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 96.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Nationwide Fundamental All Cap Equity R6

23.85 48M
—

Nationwide Bond Portfolio R6

16.97 34M
—

Nationwide Large Cap Equity Portfolio

10.19 20M
—

Nationwide U.S. 130/30 Equity R6

10.11 20M
—

Nationwide International Index R6

10.08 20M
—

Nationwide International Equity Port R6

8.96 18M
—

iShares Core MSCI Emerging Markets ETF

8.14 16M
—

iShares Core S&P 500 ETF

3.25 6M
—

Nationwide Small Cap Index R6

2.91 6M
—

Nationwide Strategic Income R6

2.09 4M
—

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