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Morningstar

Nationwide Destination 2045 R NWNBX

Morningstar Medalist Rating
Medalist Rating as of | See Nationwide Investment Hub
  • NAV / 1-Day Return 8.92  /  1.02 %
  • Total Assets 140.4 Mil
  • Adj. Expense Ratio
    0.890%
  • Expense Ratio 1.140%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Medium
  • Category Target-Date 2045
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Status Open
  • TTM Yield 0.21%
  • Turnover 24%

USD | NAV as of Jun 01, 2023 | 1-Day Return as of Jun 01, 2023, 10:22 PM GMT+0

Morningstar’s Analysis NWNBX

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

People Pillar

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

Weakness in Nationwide Destination 2045 R's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative. 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
Rated on Published on

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Portfolio Holdings NWNBX

More NWNBX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 0
  • Other Holdings 10
  • % Assets in Top 10 Holdings 99.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Nationwide Multi-Cap Portfolio R6

36.35
51,527,418
—

Nationwide International Index R6

20.16
28,585,127
—

Nationwide U.S. 130/30 Equity R6

13.11
18,584,747
—

Nationwide Bond Portfolio R6

11.97
16,967,359
—

iShares Core MSCI Emerging Markets ETF

6.88
9,758,362
—

Nationwide Mid Cap Market Idx R6

6.52
9,245,992
—

Nationwide Small Cap Index R6

2.87
4,065,933
—

iShares 20+ Year Treasury Bond ETF

1.07
1,519,716
—

Nationwide Amundi Strat Inc R6

0.74
1,043,526
—

FIDELITY GOVERNMENT PORTFOLIO - INST SHARES - FUND

0.32
460,102
Cash and Equivalents