4 / 5 Stars
4 4 1 5 3
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
1 / 5 Stars
U.S. News evaluated 43 Target Date 2051+ 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 21.25 percent over the past year, and 10.41 percent over the past three years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||1.5%|
|3 Years (Annualized)||10.4%|
|5 Years (Annualized)||N/A|
|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 2055. The fund allocates approximately 61% of its net assets in U.S. stocks (31% of which represents smaller companies) and approximately 28% in international stocks. It is non-diversified.
Fees are Low compared to funds in the same category.
Nationwide Destination 2055 Fund has an expense ratio of 0.14 percent.
Risk is Average compared to funds in the same category according to Morningstar.