Nationwide Destination 2050 R (NWOBX)
| Fund Assets | 178.01M |
| Expense Ratio | 1.21% |
| Min. Investment | $2,000 |
| Turnover | 45.69% |
| Dividend (ttm) | 1.21 |
| Dividend Yield | 12.89% |
| Dividend Growth | 183.03% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Sep 11, 2025 |
| Previous Close | 9.41 |
| YTD Return | 13.97% |
| 1-Year Return | 14.75% |
| 5-Year Return | 61.22% |
| 52-Week Low | 7.36 |
| 52-Week High | 9.85 |
| Beta (5Y) | n/a |
| Holdings | 13 |
| Inception Date | Aug 29, 2007 |
About NWOBX
The Nationwide Destination 2050 Fund Class R is a target-date mutual fund designed primarily for individuals planning to retire around the year 2050. This fund’s core purpose is to provide a diversified investment solution that balances potential growth with risk management over a long-term horizon. It achieves this by employing a "fund of funds" approach, primarily investing in a mix of underlying mutual funds that span various asset classes, including equities, bonds, and cash equivalents. As a target-date fund, its asset allocation strategy gradually shifts from higher-risk, growth-oriented investments toward more conservative holdings as the target retirement year approaches, following a predetermined glide path. This structure aims to optimize returns while gradually reducing volatility for investors as they near retirement. The fund is managed by a team of professionals who adjust allocations in line with evolving market conditions and the fund’s timeline. The Nationwide Destination 2050 Fund Class R plays a significant role for retirement savers seeking a single, professionally managed vehicle that automatically adapts to their changing risk profile over time.
Performance
NWOBX had a total return of 14.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.10%.
Top 10 Holdings
99.01% of assets| Name | Symbol | Weight |
|---|---|---|
| Nationwide Fundamental All Cap Equity R6 | NWFACR6 | 33.36% |
| Nationwide U.S. 130/30 Equity R6 | NW130R6 | 14.60% |
| Nationwide International Index R6 | GIXIX | 12.85% |
| Nationwide Bond Portfolio R6 | NWBDPR6 | 11.06% |
| Nationwide International Equity Port R6 | NWINTEQ | 10.71% |
| iShares Core MSCI Emerging Markets ETF | IEMG | 4.54% |
| Nationwide Mid Cap Market Idx R6 | GMXIX | 3.94% |
| iShares Core S&P 500 ETF | IVV | 3.05% |
| Nationwide Small Cap Index R6 | GMRIX | 2.94% |
| JPMorgan Equity Premium Income ETF | JEPI | 1.97% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 11, 2025 | $0.00542 | Sep 12, 2025 |
| Jun 12, 2025 | $0.00316 | Jun 13, 2025 |
| Dec 23, 2024 | $1.204 | Dec 24, 2024 |
| Sep 12, 2024 | $0.00557 | Sep 13, 2024 |
| Dec 22, 2023 | $0.42286 | Dec 26, 2023 |
| Jun 15, 2023 | $0.00172 | Jun 16, 2023 |