Nationwide Destination 2050 Fund Class R6 (NWOIX)
| Fund Assets | 169.76M |
| Expense Ratio | 0.46% |
| Min. Investment | $1,000,000 |
| Turnover | 45.69% |
| Dividend (ttm) | 1.28 |
| Dividend Yield | 13.84% |
| Dividend Growth | 167.28% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jun 12, 2025 |
| Previous Close | 9.32 |
| YTD Return | 8.81% |
| 1-Year Return | 11.62% |
| 5-Year Return | 68.79% |
| 52-Week Low | 7.63 |
| 52-Week High | 10.16 |
| Beta (5Y) | 0.91 |
| Holdings | 13 |
| Inception Date | Aug 29, 2007 |
About NWOIX
Nationwide Destination 2050 Fund Class R6 is a target-date mutual fund designed for individuals planning to retire around the year 2050. Its primary function is to provide a diversified investment solution that automatically adjusts its asset allocation over time, shifting from higher-risk, growth-oriented investments toward a more conservative mix as the target retirement date approaches. The fund invests in a professionally selected blend of equities, fixed income, and alternative assets, with current holdings heavily weighted toward U.S. and international equities, as well as bond portfolios and select exchange-traded funds. As of mid-2025, top holdings include large allocations to the Nationwide Fundamental All Cap Equity R6, U.S. 130/30 Equity R6, and International Index Fund Class R6. The fund has a relatively low expense ratio compared to peers and incorporates environmental considerations, as reflected in its low carbon risk score. With assets exceeding $140 million, Nationwide Destination 2050 Fund Class R6 plays a notable role in the retirement planning market, offering investors a streamlined way to pursue growth in the early years and greater stability closer to retirement.
Performance
NWOIX had a total return of 11.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.53%.
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 | $0.03582 | Jun 13, 2025 |
| Dec 23, 2024 | $1.22243 | Dec 24, 2024 |
| Sep 12, 2024 | $0.023 | Sep 13, 2024 |
| Jun 13, 2024 | $0.02439 | Jun 14, 2024 |
| Dec 22, 2023 | $0.45497 | Dec 26, 2023 |
| Jun 15, 2023 | $0.03077 | Jun 16, 2023 |