Nationwide Destination Retirement Fund Class R6 (NWEIX)
| Fund Assets | 214.21M |
| Expense Ratio | 0.46% |
| Min. Investment | $1,000,000 |
| Turnover | 27.87% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 4.11% |
| Dividend Growth | -59.14% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 25, 2026 |
| Previous Close | 7.48 |
| YTD Return | -0.66% |
| 1-Year Return | 10.16% |
| 5-Year Return | 20.16% |
| 52-Week Low | 6.73 |
| 52-Week High | 7.78 |
| Beta (5Y) | 0.51 |
| Holdings | 16 |
| Inception Date | Aug 29, 2007 |
About NWEIX
Nationwide Destination Retirement Fund Class R6 is a target-date mutual fund tailored for individuals who are already retired or entering retirement. Its primary function is to deliver a professionally managed and diversified portfolio by allocating assets across various classes—such as stocks, bonds, and cash—through investments in underlying funds. This mix is designed to balance growth and income needs while emphasizing risk management during retirement years. The fund employs a conservative asset allocation strategy, aiming to provide steady returns and help preserve capital as investors draw down their savings. Market significance stems from its role in supporting retirees' financial stability, offering exposure to multiple sectors and regions within a single investment vehicle. With a focus on diversification and income generation, the fund seeks to meet the evolving needs of retirees by adjusting allocations in response to changing market conditions and retirement objectives.
Performance
NWEIX had a total return of 10.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.28%.
Top 10 Holdings
91.34% of assets| Name | Symbol | Weight |
|---|---|---|
| Nationwide Bond Portfolio R6 | NWBDPR6 | 38.52% |
| Nationwide Fundamental All Cap Equity R6 | NWFACR6 | 13.25% |
| Nationwide Inflation-Protected Securities Fund Class R6 | NIFIX | 5.97% |
| Nationwide Strategic Income Fund Class R6 | NWXGX | 5.81% |
| Nationwide International Equity Port R6 | NWINTEQ | 5.35% |
| Nationwide Large Cap Equity Portfolio | NWLACEQ | 5.30% |
| Nationwide U.S. 130/30 Equity R6 | NW130R6 | 5.26% |
| Nationwide International Index Fund Class R6 | GIXIX | 5.20% |
| Nationwide Loomis Short Term Bond Fund Class R6 | NWJUX | 3.47% |
| iShares Core S&P 500 ETF | IVV | 3.20% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 25, 2026 | $0.01964 | Mar 26, 2026 |
| Dec 23, 2025 | $0.23372 | Dec 24, 2025 |
| Sep 11, 2025 | $0.02549 | Sep 12, 2025 |
| Jun 12, 2025 | $0.02861 | Jun 13, 2025 |
| Mar 13, 2025 | $0.01387 | Mar 14, 2025 |
| Dec 23, 2024 | $0.682 | Dec 24, 2024 |