1 / 5 Stars
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Zacks Investment Research
Standard & Poor's
2 / 5 Stars
U.S. News evaluated 61 Retirement Income Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 7.72 percent over the past year, 2.15 percent over the past three years, and 5.02 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||3.9%|
|3 Years (Annualized)||2.1%|
|5 Years (Annualized)||5.0%|
|10 Years (Annualized)||N/A|
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 in affiliated and unaffiliated mutual funds representing a variety of asset classes. It invests in a professionally selected mix of different asset classes that is tailored for investors that have already retired. The fund allocates approximately 62% of its net assets in fixed-income securities (14% of which represents inflation-protected bonds), approximately 27% in stocks. It is non-diversified.
Fees are Above Average compared to funds in the same category.
Nationwide Retirement Income Fund has an expense ratio of 1.13 percent.
Risk is Average compared to funds in the same category according to Morningstar.