Nationwide Destination 2040 Fund Class R6 (NWMHX)
| Fund Assets | 183.30M |
| Expense Ratio | 0.46% |
| Min. Investment | $1,000,000 |
| Turnover | 44.86% |
| Dividend (ttm) | 1.33 |
| Dividend Yield | 13.76% |
| Dividend Growth | 109.21% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jun 12, 2025 |
| Previous Close | 9.70 |
| YTD Return | 8.07% |
| 1-Year Return | 10.74% |
| 5-Year Return | 60.80% |
| 52-Week Low | 8.15 |
| 52-Week High | 10.61 |
| Beta (5Y) | n/a |
| Holdings | 15 |
| Inception Date | Aug 29, 2007 |
About NWMHX
The Nationwide Destination 2040 Fund Class R6 is a mutual fund structured as a target-date portfolio, specifically designed for investors planning to retire around the year 2040. Its primary function is to deliver a diversified mix of asset classes—including equities, fixed income, and cash equivalents—by investing primarily in a combination of affiliated Nationwide Mutual Funds and select unaffiliated exchange-traded funds. This approach aims to balance growth potential with risk management as the target date approaches, following a predetermined asset allocation glide path that becomes progressively more conservative over time. Notable features of the fund include broad exposure across multiple sectors and regions, with holdings in domestic and international equities, bonds, and inflation-protected securities, as well as allocations to emerging markets and U.S. Treasury instruments. The fund is managed by a professional team that regularly adjusts allocations to reflect its long-term retirement-oriented objective. The Nationwide Destination 2040 Fund Class R6 plays a significant role in the retirement planning landscape, serving as a hands-off investment option for individuals seeking capital appreciation and income consistent with prudent risk management as they approach retirement.
Performance
NWMHX had a total return of 10.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.20%.
Top 10 Holdings
96.07% of assets| Name | Symbol | Weight |
|---|---|---|
| Nationwide Fundamental All Cap Equity R6 | NWFACR6 | 30.14% |
| Nationwide Bond Portfolio R6 | NWBDPR6 | 18.54% |
| Nationwide U.S. 130/30 Equity R6 | NW130R6 | 12.84% |
| Nationwide International Index Fund Class R6 | GIXIX | 11.46% |
| Nationwide International Equity Port R6 | NWINTEQ | 9.24% |
| iShares Core MSCI Emerging Markets ETF | IEMG | 3.86% |
| iShares Core S&P 500 ETF | IVV | 2.90% |
| Nationwide Small Cap Index Fund Class R6 | GMRIX | 2.66% |
| Nationwide Mid Cap Market Index Fund Class R6 | GMXIX | 2.35% |
| Nationwide Amundi Strategic Income Fund Class R6 | NWXGX | 2.09% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 12, 2025 | $0.03916 | Jun 13, 2025 |
| Dec 23, 2024 | $1.2693 | Dec 24, 2024 |
| Sep 12, 2024 | $0.02601 | Sep 13, 2024 |
| Jun 13, 2024 | $0.02799 | Jun 14, 2024 |
| Dec 22, 2023 | $0.60349 | Dec 26, 2023 |
| Sep 14, 2023 | $0.00638 | Sep 15, 2023 |