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Morningstar

Nationwide Destination 2040 R NWMDX

Morningstar Medalist Rating
Medalist Rating as of | See Nationwide Investment Hub
  • NAV / 1-Day Return 9.02  /  −0.22 %
  • Total Assets 173.8 Mil
  • Adj. Expense Ratio
    1.190%
  • Expense Ratio 1.190%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Medium
  • Category Target-Date 2040
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 1.72%
  • Turnover 40%

USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 11:37 PM GMT+0

Morningstar’s Analysis NWMDX

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

  • 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.

Weakness in Nationwide Destination 2040 R'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 highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings NWMDX

More NWMDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 98.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Nationwide Multi-Cap Portfolio R6

26.43 48.0 Mil
—

Nationwide Bond Portfolio R6

18.95 34.4 Mil
—

Nationwide International Index R6

17.69 32.1 Mil
—

Nationwide U.S. 130/30 Equity R6

11.80 21.4 Mil
—

Nationwide Fundamental All Cap Equity R6

6.61 12.0 Mil
—

iShares Core MSCI Emerging Markets ETF

6.18 11.2 Mil
—

Nationwide Mid Cap Market Idx R6

5.49 10.0 Mil
—

Nationwide Small Cap Index R6

2.77 5.0 Mil
—

Nationwide Amundi Strat Inc R6

1.84 3.3 Mil
—

iShares 20+ Year Treasury Bond ETF

1.01 1.8 Mil
—