Morningstar

Nationwide Destination 2045 A NWNAX

Morningstar Medalist Rating
Medalist Rating as of | See Nationwide Investment Hub
  • NAV / 1-Day Return 10.82  /  −0.09 %
  • Total Assets 175.0 Mil
  • Adj. Expense Ratio
    0.930%
  • Expense Ratio 0.930%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Target-Date 2045
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 1.56%
  • Turnover 40%

USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 10:16 PM GMT+0

Morningstar’s Analysis NWNAX

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

  • People Pillar

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

Weakness in Nationwide Destination 2045 A'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 second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings NWNAX

More NWNAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 99.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Nationwide Fundamental All Cap Equity R6

35.76 61.8 Mil
—

Nationwide International Index R6

20.37 35.2 Mil
—

Nationwide Bond Portfolio R6

14.25 24.6 Mil
—

Nationwide U.S. 130/30 Equity R6

14.14 24.4 Mil
—

Nationwide Mid Cap Market Idx R6

6.37 11.0 Mil
—

iShares Core MSCI Emerging Markets ETF

4.33 7.5 Mil
—

Nationwide Small Cap Index R6

2.84 4.9 Mil
—

Nationwide Amundi Strat Inc R6

0.93 1.6 Mil
—

iShares 20+ Year Treasury Bond ETF

0.54 930,550
—

FIDELITY GOVERNMENT PORTFOLIO - INST SHARES - FUND

0.47 818,149
Cash and Equivalents

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