Nationwide Destination 2050 Fund Institutional Service Class (NWOSX)
| Fund Assets | 169.76M |
| Expense Ratio | 0.71% |
| Min. Investment | $50,000 |
| Turnover | 45.69% |
| Dividend (ttm) | 1.26 |
| Dividend Yield | 13.68% |
| Dividend Growth | 174.63% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 9.26 |
| YTD Return | 8.75% |
| 1-Year Return | 11.42% |
| 5-Year Return | 66.82% |
| 52-Week Low | 7.58 |
| 52-Week High | 10.10 |
| Beta (5Y) | n/a |
| Holdings | 13 |
| Inception Date | Aug 29, 2007 |
About NWOSX
The Nationwide Destination 2050 Fund Institutional Service Class is a target-date mutual fund designed for investors planning to retire around the year 2050. As a professionally managed "fund of funds," its primary function is to provide a diversified portfolio by investing predominantly in affiliated mutual funds and select exchange-traded funds across various asset classes, including U.S. and international equities and bonds. The fund dynamically adjusts its asset allocation over time following a preset glide path, shifting from a growth-oriented mix to a more conservative allocation as the target date approaches. This approach aims to balance capital appreciation and risk management over the long term. The fund features notable allocations to large cap equities, international equities, and fixed income, reflecting its broad diversification. Its institutional share class offers advantages suitable for larger investors and employee retirement plans. The Nationwide Destination 2050 Fund plays a significant role in the market by serving as a turnkey solution for retirement savers seeking automatic, age-based portfolio adjustments and diversified exposure as they approach and enter retirement.
Performance
NWOSX had a total return of 11.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.31%.
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 | $0.02478 | Jun 13, 2025 |
| Dec 23, 2024 | $1.21625 | Dec 24, 2024 |
| Sep 12, 2024 | $0.01717 | Sep 13, 2024 |
| Jun 13, 2024 | $0.01342 | Jun 14, 2024 |
| Dec 22, 2023 | $0.44473 | Dec 26, 2023 |
| Jun 15, 2023 | $0.02089 | Jun 16, 2023 |