About NWLIX
The Nationwide Destination 2035 Fund Class R6 is a target-date mutual fund designed primarily for individuals planning to retire around the year 2035. As a fund of funds, it invests in a diversified mix of underlying mutual funds and exchange-traded funds, allocating assets across U.S. stocks, international equities, and bonds to achieve an optimal blend of risk and return as the target retirement date approaches. The fund's allocation is actively managed, gradually shifting from higher-risk, growth-oriented investments toward more conservative, income-focused holdings over time, following a predefined glide path.
Catering to retirement-minded investors, the fund’s portfolio comprises both passive and actively managed strategies, with a strong focus on cost efficiency and continuous rebalancing to maintain its risk profile. As of the latest reporting period, a significant portion of assets is concentrated in its top ten holdings, which include various Nationwide portfolios representing large-cap U.S. stocks, intermediate-term bonds, and international exposures. The fund offers a single-solution investment approach, allowing participants to remain invested as they approach and transition through retirement, reflecting its role as a core component in long-term retirement planning strategies.
Fund Family Nationwide
Category Target-Date 2035
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol NWLIX
Share Class Class R6
Index S&P Target Date To 2035 TR
NWLIX had a total return of 15.65% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.59%.
