Nationwide Destination 2040 Fund Class R (NWMDX)
| Fund Assets | 185.51M |
| Expense Ratio | 1.21% |
| Min. Investment | $50,000 |
| Turnover | 44.86% |
| Dividend (ttm) | 0.78 |
| Dividend Yield | 8.22% |
| Dividend Growth | -37.70% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 23, 2025 |
| Previous Close | 9.57 |
| YTD Return | 2.36% |
| 1-Year Return | 17.28% |
| 5-Year Return | 42.32% |
| 52-Week Low | 7.26 |
| 52-Week High | 9.60 |
| Beta (5Y) | n/a |
| Holdings | 15 |
| Inception Date | Aug 29, 2007 |
About NWMDX
Nationwide Destination 2040 Fund Class R is a target-date mutual fund designed for individuals planning to retire around the year 2040. As a fund of funds, it primarily allocates its assets among a diversified mix of affiliated mutual funds, covering asset classes such as U.S. equities, international equities, and bonds. As of its latest allocations, approximately 54% of assets are invested in U.S. stocks, 22% in international stocks, and 24% in bonds. The core objective is to provide a balance of capital appreciation and income, while gradually shifting the portfolio toward more conservative investments as the 2040 target date approaches. This glide path approach helps manage risk as investors near retirement. The fund plays a significant role in retirement planning by offering a professionally managed, diversified investment solution that adjusts over time, aligning with the evolving risk profile of its target investor base. Its expense ratio is 1.21%, and it pays dividends on a semi-annual basis.
Performance
NWMDX had a total return of 17.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.19%.
Top 10 Holdings
95.70% of assets| Name | Symbol | Weight |
|---|---|---|
| Nationwide Fundamental All Cap Equity R6 | NWFACR6 | 23.04% |
| Nationwide Bond Portfolio R6 | NWBDPR6 | 18.51% |
| Nationwide International Index R6 | GIXIX | 10.19% |
| Nationwide U.S. 130/30 Equity R6 | NW130R6 | 9.67% |
| Nationwide Large Cap Equity Portfolio | NWLACEQ | 9.63% |
| Nationwide International Equity Port R6 | NWINTEQ | 8.92% |
| iShares Core MSCI Emerging Markets ETF | IEMG | 7.82% |
| iShares Core S&P 500 ETF | IVV | 3.00% |
| Nationwide Small Cap Index Fund Class R6 | GMRIX | 2.66% |
| Nationwide Strategic Income Fund Class R6 | NWXGX | 2.25% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2025 | $0.77191 | Dec 24, 2025 |
| Sep 11, 2025 | $0.00639 | Sep 12, 2025 |
| Jun 12, 2025 | $0.00532 | Jun 13, 2025 |
| Dec 23, 2024 | $1.25028 | Dec 24, 2024 |
| Sep 12, 2024 | $0.00754 | Sep 13, 2024 |
| Dec 22, 2023 | $0.58643 | Dec 26, 2023 |