Advertisement
Skip to Content
Morningstar

Nationwide Destination 2050 R6 NWOIX

Morningstar Analyst Rating
Quantitative rating as of
  • NAV / 1-Day Return 8.17  /  0.74 %
  • Total Assets 134.4 Mil
  • Adj. Expense Ratio
    0.130%
  • Expense Ratio 0.410%
  • Distribution Fee Level Average
  • Share Class Type Retirement, Large
  • Category Target-Date 2050
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Status Open
  • TTM Yield 1.00%
  • Turnover 20%

USD | NAV as of Jan 28, 2023 | 1-Day Return as of Jan 28, 2023, 12:12 AM GMT+00:00

Morningstar’s Analysis NWOIX

Will NWOIX 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 NWOIX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the NWOIX 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 NWOIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Summary

|

Weakness in Nationwide Destination 2050 R6's Process and People Pillar ratings limits this strategy to a Morningstar Quantitative Rating of Negative. The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

Unlock our full analysis with Morningstar Investor