Nationwide Destination 2050 Fund Class R (NWOBX)
| Fund Assets | 169.76M |
| Expense Ratio | 1.21% |
| Min. Investment | $50,000 |
| Turnover | 45.69% |
| Dividend (ttm) | 1.21 |
| Dividend Yield | 13.57% |
| Dividend Growth | n/a |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jun 12, 2025 |
| Previous Close | 9.00 |
| YTD Return | 8.63% |
| 1-Year Return | 11.10% |
| 5-Year Return | 63.02% |
| 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 11.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.88%.
Top 10 Holdings
99.15% of assets| Name | Symbol | Weight |
|---|---|---|
| Nationwide Fundamental All Cap Equity R6 | NWFACR6 | 33.74% |
| Nationwide U.S. 130/30 Equity R6 | NW130R6 | 15.00% |
| Nationwide International Index Fund Class R6 | GIXIX | 13.09% |
| Nationwide International Equity Port R6 | NWINTEQ | 11.07% |
| Nationwide Bond Portfolio R6 | NWBDPR6 | 10.35% |
| iShares Core MSCI Emerging Markets ETF | IEMG | 4.46% |
| Nationwide Mid Cap Market Index Fund Class R6 | GMXIX | 3.85% |
| Nationwide Small Cap Index Fund Class R6 | GMRIX | 2.84% |
| iShares Core S&P 500 ETF | IVV | 2.83% |
| JPMorgan Equity Premium Income ETF | JEPI | 1.92% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Dec 23, 2022 | $0.16375 | Dec 27, 2022 |