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Trending ETFs

Nationwide Destination 2030 Fund

mutual fund
NWISX
Payout Change
Pending
Price as of:
$9.09 +0.02 +0.22%
primary theme
Target-Date 2030
share class
Instl (NWISX) A (NWIAX) R (NWBIX) R6 (NWIIX)
NWISX (Mutual Fund)

Nationwide Destination 2030 Fund

Payout Change
Pending
Price as of:
$9.09 +0.02 +0.22%
primary theme
Target-Date 2030
share class
Instl (NWISX) A (NWIAX) R (NWBIX) R6 (NWIIX)
NWISX (Mutual Fund)

Nationwide Destination 2030 Fund

Payout Change
Pending
Price as of:
$9.09 +0.02 +0.22%
primary theme
Target-Date 2030
share class
Instl (NWISX) A (NWIAX) R (NWBIX) R6 (NWIIX)

Name

As of 12/11/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Nationwide Destination 2030 Fund

NWISX | Fund

$9.09

$205 M

0.90%

$0.08

0.69%

Vitals

YTD Return

12.1%

1 yr return

15.5%

3 Yr Avg Return

2.5%

5 Yr Avg Return

6.2%

Net Assets

$205 M

Holdings in Top 10

99.2%

52 WEEK LOW AND HIGH

$9.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.69%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 32.48%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$50,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/11/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Nationwide Destination 2030 Fund

NWISX | Fund

$9.09

$205 M

0.90%

$0.08

0.69%

NWISX - Profile

Distributions

  • YTD Total Return 12.1%
  • 3 Yr Annualized Total Return 2.5%
  • 5 Yr Annualized Total Return 6.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.14%
DIVIDENDS
  • Dividend Yield 0.9%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Nationwide Destination 2030 Fund
  • Fund Family Name
    Nationwide Mutual Funds
  • Inception Date
    Aug 30, 2007
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Christopher Graham

Fund Description

The Fund is a “fund-of-funds” that invests primarily in affiliated mutual funds representing a variety of asset classes. The Fund invests in a professionally selected mix of different asset classes that is tailored for investors planning to retire in, or close to, the year 2030. Therefore, the Fund currently seeks both capital growth and income, and invests in equity securities, such as common stocks of U.S. and international companies, but also invests in bonds (including mortgage-backed and asset-backed securities) in order to generate investment income. As of January 31, 2024, the Fund allocated approximately 37% of its net assets in U.S. stocks (including smaller company stocks), approximately 17% in international stocks, and approximately 46% in bonds. As the year 2030 approaches, the Fund’s allocations to different asset classes will progressively become more conservative with increasing emphasis on investments that provide for income and preservation of capital, and less on those offering the potential for growth.The Fund invests primarily in affiliated portfolios of Nationwide Mutual Funds, but also may invest in unaffiliated exchange-traded funds (each, an “Underlying Fund” or collectively, “Underlying Funds”), that collectively represent several asset classes. Certain Underlying Funds are actively managed, and other Underlying Funds are “index” funds that invest directly in equity securities, bonds or other securities with a goal of obtaining investment returns that closely track a benchmark stock or bond index. Some Underlying Funds use futures, swaps and options, which are derivatives, either to hedge against investment risks, to obtain exposure to certain securities or groups of securities, to take short positions in certain securities, or otherwise to increase returns. Although the Fund seeks to provide diversification across several asset classes, the Fund invests a significant portion of its assets in a small number of issuers (i.e., Underlying Funds). However, the Fund may invest directly in securities and derivatives (futures, options, and swaps) in addition to investing in Underlying Funds. Further, the Underlying Funds in which the Fund invests generally are diversified.The Fund is designed for investors who are willing to accept moderate short-term price fluctuations in exchange for potential longer-term returns, but who have a lower tolerance for risk than more aggressive investors. The Fund also assumes that its investors will retire in or close to 2030 at the age of 65, and that such investors seek both capital growth and investment income.Once the Fund reaches the year of its target date, Nationwide Fund Advisors (the “Adviser”) expects to recommend that the Nationwide Mutual Funds' Board of Trustees approve combining the Fund with the Nationwide Destination Retirement Fund, which offers investors the most conservative and income-oriented allocation scheme of the Nationwide Target Destination Funds. If the combination is approved and applicable regulatory requirements are met, the Fund's shareholders would then become shareholders of the Nationwide Destination Retirement Fund. Shareholders will be provided with additional information at that time, including information pertaining to any tax consequences of the combination.
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NWISX - Performance

Return Ranking - Trailing

Period NWISX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.1% 9.5% 18.5% 73.82%
1 Yr 15.5% 13.0% 20.0% 77.49%
3 Yr 2.5%* -3.0% 5.2% 71.05%
5 Yr 6.2%* 4.1% 8.3% 73.53%
10 Yr 6.6%* 4.8% 8.0% 74.26%

* Annualized

Return Ranking - Calendar

Period NWISX Return Category Return Low Category Return High Rank in Category (%)
2023 6.8% 5.5% 14.4% 98.95%
2022 -19.3% -52.7% -14.2% 35.60%
2021 1.3% -5.6% 14.0% 69.06%
2020 6.0% 0.7% 13.7% 96.47%
2019 10.7% 2.6% 18.9% 77.71%

Total Return Ranking - Trailing

Period NWISX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.1% 9.5% 18.5% 73.82%
1 Yr 15.5% 13.0% 20.0% 77.49%
3 Yr 2.5%* -3.0% 5.2% 71.05%
5 Yr 6.2%* 4.1% 8.3% 73.53%
10 Yr 6.6%* 4.8% 8.0% 74.26%

* Annualized

Total Return Ranking - Calendar

Period NWISX Return Category Return Low Category Return High Rank in Category (%)
2023 14.7% 10.0% 49.5% 50.26%
2022 -16.8% -26.4% 20.1% 70.68%
2021 11.1% 1.6% 18.5% 74.59%
2020 12.2% 6.7% 19.3% 77.65%
2019 21.1% 17.1% 34.4% 58.60%

NAV & Total Return History

NWISX - Holdings

Concentration Analysis

NWISX Category Low Category High NWISX % Rank
Net Assets 205 M 6.51 M 90.6 B 72.92%
Number of Holdings 12 4 999 73.96%
Net Assets in Top 10 212 M 7.61 M 99 B 70.31%
Weighting of Top 10 99.21% 45.0% 116.9% 16.84%

Top 10 Holdings

  1. Nationwide Bond Portfolio, Class R6 34.39%
  2. Nationwide Fundamental All Cap Equity Portfolio, Class R6 24.29%
  3. Nationwide International Index Fund, Class R6 13.20%
  4. Nationwide U.S. 130/30 Equity Portfolio, Class R6 9.18%
  5. Fidelity Investments Money Market Government Portfolio - Institutional Class 4.31%
  6. Nationwide Amundi Strategic Income Fund, Class R6 3.96%
  7. Nationwide Mid Cap Market Index Fund, Class R6 3.05%
  8. Nationwide Inflation-Protected Securities Fund, Class R6 2.89%
  9. iShares Core MSCI Emerging Markets ETF 2.53%
  10. Nationwide Small Cap Index Fund, Class R6 1.41%

Asset Allocation

Weighting Return Low Return High NWISX % Rank
Cash 		4.31% 0.00% 18.45% 8.33%
Convertible Bonds 		1.06% 0.03% 1.11% 2.08%
Other 		0.07% -0.06% 3.21% 18.75%
Stocks 		0.00% 0.00% 100.21% 88.54%
Preferred Stocks 		0.00% 0.00% 0.03% 17.71%
Bonds 		0.00% 0.00% 37.34% 41.15%

NWISX - Expenses

Operational Fees

NWISX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.69% 0.05% 10.17% 54.97%
Management Fee 0.13% 0.00% 0.80% 41.27%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.25% 0.01% 0.29% 85.37%

Sales Fees

NWISX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

NWISX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

NWISX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 32.48% 3.00% 98.00% 70.11%

NWISX - Distributions

Dividend Yield Analysis

NWISX Category Low Category High NWISX % Rank
Dividend Yield 0.90% 0.00% 7.28% 1.04%

Dividend Distribution Analysis

NWISX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly SemiAnnual

Net Income Ratio Analysis

NWISX Category Low Category High NWISX % Rank
Net Income Ratio 3.14% 0.12% 3.79% 2.14%

Capital Gain Distribution Analysis

NWISX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

NWISX - Fund Manager Analysis

Managers

Christopher Graham

Start Date

Tenure

Tenure Rank

Nov 15, 2016

5.54

5.5%

Mr. Graham joined the Office of Investments at Nationwide Mutual Insurance Company (“Nationwide Mutual”) in November 2004, serving primarily as a portfolio manager for Nationwide Mutual’s proprietary general account. In June 2016, Mr. Graham joined NFA as its Chief Investment Officer.

Keith Robinette

Start Date

Tenure

Tenure Rank

Jun 30, 2017

4.92

4.9%

Mr. Robinette joined the Office of Investments at Nationwide Mutual in 2012 where he managed a hedge fund portfolio and led manager due diligence reviews. In May 2017, Mr. Robinette joined NFA as a Senior Director of Asset Strategies.

Andrew Urban

Start Date

Tenure

Tenure Rank

Jun 30, 2017

4.92

4.9%

Mr. Urban joined NFA in July 2016 and became a Senior Director of Asset Strategies in May 2017. Prior to joining NFA, Mr. Urban worked for six years as an investment analyst covering hedge funds for the Ohio Public Employees Retirement System, where he was responsible for hedge fund manager selection and due diligence as well as portfolio risk management.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 17.59 5.75 2.41

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