Nationwide Destination 2040 Fund (NWMSX)
The fund is a "fund of funds" that invests primarily in affiliated 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 2040. The fund allocated approximately 54% of its net assets in U.S. stocks (including smaller company stocks), approximately 28% in international stocks, and approximately 18% in bonds.
Fund Info
US63867N5398
Aug 28, 2007
$50,000
Large-Cap
Blend
Expense Ratio
NWMSX has an expense ratio of 0.38%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Nationwide Destination 2040 Fund (NWMSX) returned 4.28% year-to-date (YTD) and -0.76% over the past 12 months. Over the past 10 years, NWMSX returned 1.54% annually, underperforming the S&P 500 benchmark at 10.85%.
NWMSX
4.28%
4.28%
-9.20%
-0.76%
2.87%
5.32%
1.54%
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of NWMSX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.82% | -0.11% | -3.07% | 0.45% | 4.28% | 4.28% | |||||||
| 2024 | -0.00% | 3.08% | 3.20% | -3.93% | 3.77% | 1.11% | 2.16% | 2.01% | 1.58% | -2.14% | 4.17% | -13.43% | 0.18% |
| 2023 | 7.06% | -2.84% | 1.87% | 0.69% | -1.03% | 4.99% | 2.97% | -2.46% | -3.82% | -2.96% | 7.98% | 0.67% | 12.98% |
| 2022 | -4.85% | -2.45% | 0.63% | -7.48% | 0.34% | -7.43% | 6.78% | -3.74% | -8.75% | 5.81% | 7.08% | -5.73% | -19.58% |
| 2021 | -0.20% | 2.35% | 2.09% | 3.71% | 1.13% | 1.12% | 0.55% | 1.92% | -3.46% | 4.10% | -2.24% | -2.27% | 8.82% |
| 2020 | -0.97% | -6.78% | -14.89% | 9.92% | 4.76% | 2.91% | 4.42% | 4.90% | -2.68% | -0.57% | 10.02% | 4.53% | 13.50% |
| 2019 | 7.38% | 2.59% | 1.23% | 3.04% | -5.48% | 6.11% | 0.21% | -1.90% | 1.96% | 2.22% | 2.38% | -3.35% | 16.84% |
| 2018 | 4.06% | -3.81% | -0.95% | 0.30% | 1.30% | -0.27% | 2.48% | 1.26% | 0.00% | -7.01% | 1.65% | -15.11% | -16.33% |
| 2017 | 1.83% | 2.32% | 0.66% | 1.23% | 1.11% | 0.67% | 1.60% | -0.10% | 2.25% | 1.74% | 1.90% | -5.00% | 10.46% |
| 2016 | -4.97% | -0.57% | 6.54% | 1.08% | 1.06% | -0.09% | 3.49% | 0.41% | 0.36% | -2.24% | 2.81% | -4.86% | 2.45% |
| 2015 | -1.10% | 4.76% | -0.56% | 0.88% | 0.67% | -1.58% | 0.59% | -5.54% | -3.08% | 6.06% | 0.10% | -6.60% | -5.97% |
| 2014 | -2.93% | 4.52% | 0.13% | 0.10% | 1.63% | 2.24% | -2.60% | 2.66% | -3.45% | 2.12% | 1.13% | -5.73% | -0.68% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NWMSX is 7, meaning it’s performing worse than 93% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Nationwide Destination 2040 Fund (NWMSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Nationwide Destination 2040 Fund provided a 14.04% dividend yield over the last twelve months, with an annual payout of $1.30 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.30 | $1.30 | $0.62 | $0.21 | $0.98 | $0.62 | $1.02 | $0.98 | $0.82 | $0.85 | $0.57 | $0.71 |
Dividend yield | 14.04% | 14.64% | 6.84% | 2.49% | 9.46% | 6.28% | 11.06% | 11.85% | 8.13% | 9.17% | 6.13% | 7.13% |
Monthly Dividends
The table displays the monthly dividend distributions for Nationwide Destination 2040 Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $1.26 | $1.30 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.60 | $0.62 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.18 | $0.21 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.96 | $0.98 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.27 | $0.62 |
| 2019 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.93 | $1.02 |
| 2018 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.88 | $0.98 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.73 | $0.82 |
| 2016 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.79 | $0.85 |
| 2015 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.49 | $0.57 |
| 2014 | $0.01 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.64 | $0.71 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Nationwide Destination 2040 Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Nationwide Destination 2040 Fund was 55.55%, occurring on Mar 9, 2009. Recovery took 1042 trading sessions.
The current Nationwide Destination 2040 Fund drawdown is 11.22%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -55.55% | Nov 1, 2007 | 338 | Mar 9, 2009 | 1042 | Apr 30, 2013 | 1380 |
| -36.03% | Dec 19, 2017 | 567 | Mar 23, 2020 | 172 | Nov 24, 2020 | 739 |
| -29.58% | Nov 9, 2021 | 225 | Sep 30, 2022 | — | — | — |
| -21.49% | Jul 7, 2014 | 405 | Feb 11, 2016 | 410 | Sep 27, 2017 | 815 |
| -7.83% | Dec 2, 2013 | 43 | Feb 3, 2014 | 78 | May 27, 2014 | 121 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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