Nationwide Investor Destinations Moderately Conservative Fund Class R6 (GMIMX)
| Fund Assets | 220.94M |
| Expense Ratio | 0.52% |
| Min. Investment | $1,000,000 |
| Turnover | 35.30% |
| Dividend (ttm) | 0.93 |
| Dividend Yield | 9.42% |
| Dividend Growth | 89.78% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 12, 2025 |
| Previous Close | 9.92 |
| YTD Return | 4.67% |
| 1-Year Return | 5.94% |
| 5-Year Return | 26.55% |
| 52-Week Low | 9.09 |
| 52-Week High | 10.64 |
| Beta (5Y) | 0.53 |
| Holdings | 21 |
| Inception Date | Dec 29, 2004 |
About GMIMX
The Nationwide Investor Destinations Moderately Conservative Fund Class R6 is a multi-asset mutual fund designed to pursue a balance between income and moderate capital growth while maintaining a relatively conservative risk profile. As a fund of funds, it primarily allocates assets across a diversified mix of underlying mutual funds managed by Nationwide, focusing on U.S. equities, international stocks, and a significant portion in fixed income securities. The investment strategy aims to maximize total return with a focus on capital preservation by targeting overall portfolio volatility that typically reflects a strategic equity exposure between 30% and 50%. Key features of this fund include a dominant allocation to core bond holdings, complemented by multi-cap equity exposures and dedicated positions in short-term bonds and government securities. The top holdings frequently account for the majority of assets, indicating a concentrated approach within selected Nationwide portfolios. This fund is commonly used by investors seeking gradual growth with lower volatility than aggressive allocation funds, making it suitable for those with intermediate-term financial objectives or a focus on retirement planning. By leveraging a combination of asset classes, the fund aims to provide broad market exposure while actively managing risk.
Performance
GMIMX had a total return of 5.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.80%.
Top 10 Holdings
77.15% of assets| Name | Symbol | Weight |
|---|---|---|
| Nationwide Bond Portfolio R6 | NWBDPR6 | 24.26% |
| Nationwide Fundamental All Cap Equity R6 | NWFACR6 | 9.55% |
| Nationwide Loomis Short Term Bond Fund Class R6 | NWJUX | 7.45% |
| Nationwide International Equity Port R6 | NWINTEQ | 7.26% |
| Nationwide Loomis Core Bond Fund Class R6 | NWJIX | 5.98% |
| Nationwide U.S. 130/30 Equity R6 | NW130R6 | 5.74% |
| Nationwide International Index Fund Class R6 | GIXIX | 4.51% |
| iShares U.S. Treasury Bond ETF | GOVT | 4.22% |
| FIDELITY GOVERNMENT PORTFOLIO - INST SHARES - FUND | n/a | 4.21% |
| iShares Core International Aggregate Bond ETF | IAGG | 3.98% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 12, 2025 | $0.04563 | Jun 13, 2025 |
| Mar 13, 2025 | $0.02302 | Mar 14, 2025 |
| Dec 23, 2024 | $0.82564 | Dec 24, 2024 |
| Sep 12, 2024 | $0.04011 | Sep 13, 2024 |
| Jun 13, 2024 | $0.03879 | Jun 14, 2024 |
| Mar 14, 2024 | $0.01683 | Mar 15, 2024 |