Nationwide Destination Retirement Fund Institutional Service Class (NWESX)
| Fund Assets | 214.21M |
| Expense Ratio | 0.71% |
| Min. Investment | $50,000 |
| Turnover | 27.87% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 3.86% |
| Dividend Growth | -60.79% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 25, 2026 |
| Previous Close | 7.46 |
| YTD Return | -0.73% |
| 1-Year Return | 9.90% |
| 5-Year Return | 18.64% |
| 52-Week Low | 6.71 |
| 52-Week High | 7.75 |
| Beta (5Y) | n/a |
| Holdings | 16 |
| Inception Date | Aug 29, 2007 |
About NWESX
Nationwide Destination Retirement Fund Institutional Service Class is a target-date mutual fund designed to help investors prepare for retirement. Its core objective is to provide a diversified, professionally managed portfolio that gradually becomes more conservative as the anticipated retirement date approaches. The fund invests across a mix of underlying Nationwide portfolios and third-party funds, with significant allocation to large blend equities and fixed income instruments. Notable holdings include bond portfolios, equity funds, inflation-protected securities, and international assets, reflecting a diversified approach that seeks to balance growth and risk management over time. Primarily serving institutional investors, this share class features a relatively low expense ratio and aims for efficient long-term asset allocation. With over 95% of assets concentrated in its top ten holdings, the fund plays a crucial role in retirement planning by offering a one-stop investment solution tailored for participants seeking to reduce investment complexity as they approach retirement age.
Performance
NWESX had a total return of 9.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.09%.
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 | $0.01479 | Mar 26, 2026 |
| Dec 23, 2025 | $0.22882 | Dec 24, 2025 |
| Sep 11, 2025 | $0.02075 | Sep 12, 2025 |
| Jun 12, 2025 | $0.02396 | Jun 13, 2025 |
| Mar 13, 2025 | $0.0111 | Mar 14, 2025 |
| Dec 23, 2024 | $0.67704 | Dec 24, 2024 |