Nationwide Destination 2040 R 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.
Nationwide Destination 2040 Fund Class R NWMDX
- NAV / 1-Day Return 9.97 / +0.40 %
- Total Assets 195.6M
-
Adj. Expense Ratio
1.220%
- Expense Ratio 0.890%
- Distribution Fee Level High
- Share Class Type Retirement, Medium
- Category Target-Date 2040
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Status Open
- TTM Yield 3.36%
- Turnover 41%
USD | NAV as of Jun 09, 2026 | 1-Day Return as of Jun 09, 2026, 12:11 AM GMT+0
Morningstar’s Analysis NWMDX
Will NWMDX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the NWMDX 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 NWMDX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 96.4
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Nationwide Fundamental All Cap Equity R6 | 23.85 | 46M | — |
Nationwide Bond Portfolio R6 | 17.09 | 33M | — |
Nationwide International Index R6 | 10.18 | 20M | — |
Nationwide U.S. 130/30 Equity R6 | 10.03 | 19M | — |
Nationwide Large Cap Equity Portfolio | 9.95 | 19M | — |
Nationwide International Equity Port R6 | 8.97 | 17M | — |
iShares Core MSCI Emerging Markets ETF | 8.06 | 15M | — |
iShares Core S&P 500 ETF | 3.21 | 6M | — |
Nationwide Small Cap Index R6 | 2.90 | 6M | — |
Nationwide Strategic Income R6 | 2.15 | 4M | — |
United States