Nationwide Retirement Income Fund Institutional Class

 (MUTF:NWRIX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.00%  
1 week
   
-0.04%  
4 week
   
-0.04%  
3 month   +0.42%
   
YTD   +5.44%
   
1 year   +4.47%
   
3 years*   +3.20%
   
5 years*   +3.72%
   
*annualized
Best 3 month return+11.09%  
Worst 3 month return-13.59%  

Morningstar statistics

Morningstar category: Target-Date Retirement
  Return Risk Rating
3 years Average Average
5 years Below Average Average
10 years     -     - -
Overall Below Average Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets23.36M 
Front load-  
Deferred load-  
Expense ratio0.38%  
Management fee-  
Fund familyNationwide 

Asset allocation

Cash22.34%  
Stocks25.83%  
Bonds43.53%  
Preferred0.25%  
Other8.05%  

Purchase information

Initial$1,000,000  
9.330.00(0.00%)
Oct 20, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks to provide current income consistent with capital preservation and, as a secondary investment objective, capital appreciation. The fund is a "fund of funds" that invests primarily in affiliated mutual funds representing a variety of asset classes. It invests considerably in bonds (including mortgage-backed and asset-backed securities), many of which are issued by foreign issuers, in order to preserve capital and generate income. The fund allocates approximately 70% of its net assets in fixed-income securities and approximately 25% in stocks. It is non-diversified.
Fund filings (PDF) »
Asset managers:
Thomas Hickey (Started: Aug 29, 2007)
Benjamin Richer (Started: Apr 30, 2014)
Advisor Company:
Nationwide Fund Advisors
Fund family reports on Morningstar »
Nationwide, One Nationwide Plaza, King of Prussia, PA 19406, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 1.40 0.94 -0.46     -
Beta* 0.50 0.52 0.55     -
Mean annual return 0.56 0.32 0.35     -
R-squared* 95.12 88.37 83.71     -
Standard deviation 3.99 3.72 4.30     -
Sharpe ratio 1.62 0.99 0.96     -
* Against standard index

Top 10 holdings