About NWWLX
The Nationwide Investor Destinations Conservative Fund Institutional Service Class is an open-end mutual fund designed to offer broad diversification across major asset classes, including U.S. equities, international stocks, and a significant allocation to bonds. Structured as a fund of funds, it achieves its objectives by investing primarily in affiliated Nationwide mutual funds and select exchange-traded funds, rather than directly in individual securities. The fund’s primary purpose is to balance income generation with capital preservation, making it suitable for investors seeking a conservative approach to asset allocation.
Key features include a focus on stability and lower volatility, with the majority of assets allocated to bonds and cash equivalents, and a smaller proportion in equities. The fund’s asset mix is regularly rebalanced to stay aligned with its conservative risk profile. It distributes dividends quarterly and capital gains annually, making it a consistent income provider. The management style emphasizes risk control, diversification across sectors such as information technology, financials, and health care, and seeks to limit drawdowns during periods of market stress. With a moderate expense ratio and established management history since its inception in 2014, this fund plays a notable role in offering conservative allocation options within diversified portfolio strategies.
Fund Family Nationwide
Category Mix Tgt Alloc Con
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol NWWLX
Share Class Institutional Service Class
Index Index is not available on Lipper Database
NWWLX had a total return of 6.68% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.34%.
