Nationwide Destination 2035 R (NWLBX)

Fund Assets	185.11M
Expense Ratio	1.202%
Min. Investment	$50,000
Turnover	42.20%
Dividend (ttm)	0.34
Dividend Yield	3.44%
Dividend Growth	33.00%
Payout Frequency	Semi-Annual
Ex-Dividend Date	Jun 24, 2026

Previous Close	9.92
YTD Return	8.06%
1-Year Return	10.81%
5-Year Return	32.31%
52-Week Low	8.89
52-Week High	10.18
Beta (5Y)	0.84
Holdings	15
Inception Date	Aug 29, 2007

About NWLBX

Nationwide Destination 2035 Fund Class R is a target-date mutual fund designed for investors planning to retire around the year 2035. As a fund of funds, it primarily invests in a diversified mix of affiliated Nationwide mutual funds, with limited allocations to unaffiliated exchange-traded funds. The portfolio is managed to follow a preset glide path, gradually shifting its asset mix from growth-oriented investments to more conservative holdings as the target date approaches. Key allocations currently include U.S. large-cap stocks, intermediate-term bonds, international equities, and emerging markets exposure, providing broad global diversification. The fund employs both passive and actively managed strategies to balance risk and return, and features dynamic rebalancing to maintain its strategic allocation over time. Known for its all-in-one approach, the fund simplifies retirement investing by offering a single investment solution that adapts as participants move closer to retirement. Despite its comprehensive structure, the fund has a comparatively higher expense ratio than similar funds in the target-date category, which is a noted drawback. With its focus on retirement preparedness, the Nationwide Destination 2035 Fund Class R plays a significant role for investors seeking a managed pathway toward their long-term financial goals.

• Fund Family: Nationwide
• Category: Target-Date 2035
• Performance Rating: Low
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: NWLBX
• Share Class: Class R
• Index: S&P Target Date To 2035 TR

Performance

NWLBX had a total return of 10.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.73%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
NWLIX	Class R6	0.47%
NWLSX	Institutional Service Class	0.72%
NWLAX	Class A	0.97%

Top 10 Holdings

95.92% of assets

Name	Symbol	Weight
Nationwide Bond Portfolio R6	NWBDPR6	25.01%
Nationwide Fundamental All Cap Equity R6	NWFACR6	20.70%
Nationwide U.S. 130/30 Equity R6	NW130R6	8.68%
Nationwide Large Cap Equity Portfolio	NWLACEQ	8.57%
Nationwide International Equity Port R6	NWINTEQ	8.31%
Nationwide International Index R6	GIXIX	8.22%
iShares Core MSCI Emerging Markets ETF	IEMG	5.90%
iShares Core S&P 500 ETF	IVV	5.20%
Nationwide Strategic Income R6	NWXGX	3.19%
Nationwide Small Cap Index R6	GMRIX	2.13%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 24, 2026	$0.01413	Jun 25, 2026
Dec 23, 2025	$0.73065	Dec 24, 2025
Sep 11, 2025	$0.00709	Sep 12, 2025
Jun 12, 2025	$0.01482	Jun 13, 2025
Dec 23, 2024	$1.18478	Dec 24, 2024
Sep 12, 2024	$0.00843	Sep 13, 2024

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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