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Morningstar

Nationwide Destination 2035 R6 NWLIX

Morningstar Analyst Rating
Quantitative rating as of
  • NAV / 1-Day Return 8.95  /  0.56 %
  • Total Assets 180.4 Mil
  • Adj. Expense Ratio
    0.130%
  • Expense Ratio 0.420%
  • Distribution Fee Level Average
  • Share Class Type Retirement, Large
  • Category Target-Date 2035
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Status Open
  • TTM Yield 1.41%
  • Turnover 32%

USD | NAV as of Jan 26, 2023 | 1-Day Return as of Jan 26, 2023, 11:58 PM GMT+00:00

Morningstar’s Analysis NWLIX

Will NWLIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NWLIX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the NWLIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of NWLIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Summary

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Weakness in Nationwide Destination 2035 R6's Process and People Pillar ratings limits this strategy to a Morningstar Quantitative Rating of Negative. The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

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