Nationwide Destination 2045 Fund Class R6 (NWNIX)
| Fund Assets | 159.36M |
| Expense Ratio | 0.46% |
| Min. Investment | $1,000,000 |
| Turnover | 46.67% |
| Dividend (ttm) | 1.02 |
| Dividend Yield | 10.15% |
| Dividend Growth | n/a |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 25, 2026 |
| Previous Close | 10.07 |
| YTD Return | -1.07% |
| 1-Year Return | 17.82% |
| 5-Year Return | 40.60% |
| 52-Week Low | 8.51 |
| 52-Week High | 11.13 |
| Beta (5Y) | 0.88 |
| Holdings | 15 |
| Inception Date | Aug 29, 2007 |
About NWNIX
The Nationwide Destination 2045 Fund Class R6 is a target-date mutual fund specifically structured for investors planning to retire around the year 2045. As a “fund of funds,” it invests primarily in a professionally managed blend of affiliated mutual funds covering diverse asset classes, including equities, fixed income, and cash instruments. The fund's asset allocation follows a preset glide path, which gradually shifts from a higher equity exposure to a more conservative mix as the target date approaches, aiming to balance growth potential with risk reduction over time. This progressive adjustment is intended to address the evolving risk tolerance of investors as they near retirement age. The fund caters to individuals seeking a long-term, diversified investment vehicle that automatically adapts to their changing financial needs as retirement draws closer. With a relatively low expense ratio and quarterly distributions, it plays a significant role in the retirement planning market by offering a streamlined, hands-off approach to asset allocation for retirement savers looking for exposure to both equity and fixed income markets in one comprehensive portfolio.
Performance
NWNIX had a total return of 17.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.88%.
Top 10 Holdings
98.02% of assets| Name | Symbol | Weight |
|---|---|---|
| Nationwide Fundamental All Cap Equity R6 | NWFACR6 | 26.24% |
| Nationwide International Index Fund Class R6 | GIXIX | 12.04% |
| Nationwide Bond Portfolio R6 | NWBDPR6 | 11.39% |
| Nationwide U.S. 130/30 Equity R6 | NW130R6 | 10.95% |
| Nationwide Large Cap Equity Portfolio | NWLACEQ | 10.93% |
| Nationwide International Equity Port R6 | NWINTEQ | 10.01% |
| iShares Core MSCI Emerging Markets ETF | IEMG | 8.48% |
| iShares Core S&P 500 ETF | IVV | 3.13% |
| Nationwide Small Cap Index Fund Class R6 | GMRIX | 2.84% |
| JPMorgan Equity Premium Income ETF | JEPI | 2.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 25, 2026 | $0.01079 | Mar 26, 2026 |
| Dec 23, 2025 | $0.94543 | Dec 24, 2025 |
| Sep 11, 2025 | $0.02565 | Sep 12, 2025 |
| Jun 12, 2025 | $0.0407 | Jun 13, 2025 |
| Dec 23, 2024 | $1.4167 | Dec 24, 2024 |
| Sep 12, 2024 | $0.02673 | Sep 13, 2024 |