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.
Nationwide Destination 2040 A NWMAX
- NAV / 1-Day Return 9.74 / +0.93 %
- Total Assets 187.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.940%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category Target-Date 2040
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 1.78%
- Turnover 40%
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis NWMAX
Will NWMAX 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 99.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Nationwide Fundamental All Cap Equity R6 | 32.84 | 60.0 Mil | — |
Nationwide Bond Portfolio R6 | 19.25 | 35.1 Mil | — |
Nationwide International Index R6 | 17.65 | 32.2 Mil | — |
Nationwide U.S. 130/30 Equity R6 | 11.79 | 21.5 Mil | — |
iShares Core MSCI Emerging Markets ETF | 6.22 | 11.4 Mil | — |
Nationwide Mid Cap Market Idx R6 | 5.40 | 9.9 Mil | — |
Nationwide Small Cap Index R6 | 2.74 | 5.0 Mil | — |
Nationwide Amundi Strat Inc R6 | 1.90 | 3.5 Mil | — |
iShares 20+ Year Treasury Bond ETF | 0.98 | 1.8 Mil | — |
FIDELITY GOVERNMENT PORTFOLIO - INST SHARES - FUND | 0.88 | 1.6 Mil | Cash and Equivalents |