2 / 5 Stars
2 3 3 4 2
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#28 in Target Date 2016-2020
U.S. News evaluated 52 Target Date 2016-2020 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 11.85 percent over the past year, 6.87 percent over the past three years, and 14.85 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||1.6%|
|3 Years (Annualized)||6.9%|
|5 Years (Annualized)||14.8%|
|10 Years (Annualized)||N/A|
The investment seeks capital appreciation and income consistent with its current asset allocation. 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 planning to retire in, or close to, the year 2020. The fund allocates approximately 37% of its net assets in U.S. stocks (16% of which represents smaller companies), approximately 21% in international stocks, and approximately 33.5% in fixed-income securities. It is non-diversified.
Fees are Low compared to funds in the same category.
Nationwide Destination 2020 Fund has an expense ratio of 0.63 percent.
Risk is Average compared to funds in the same category according to Morningstar.