C000051721 Fees and Costs — Nationwide Destination 2020 Fund, Class A
Data updated: 2020-07-29
The net expense ratio is 0.91%. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2019 the fund paid $9K in broker commissions, 0.0046% of average net assets, and portfolio turnover was 62%.
C000051721 Fees and Expenses
Annual operating expenses and sales charges of C000051721. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.13% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.25% |
| Gross expense ratio | 0.91% |
| Fee waiver | — |
| Net expense ratio | 0.91% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000051721 Costs Over Time
On $10,000 invested in C000051721, assuming 5% a year before costs, total costs come to $1,274 over 5 years, cutting the return by 2.19% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 0.91%) | $90 | $281 | $488 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $29 | $105 | $208 |
| Total costs | $694 | $962 | $1,274 |
| Value after costs | $9,806 | $10,614 | $11,489 |
| Impact on return, per year | 6.94% | 2.99% | 2.19% |
C000051721 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0046%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): $4.8M
- Portfolio turnover (prospectus): 62%
- Securities on loan, average value: $0
- Net income from securities lending: $37 (0.000% of average net assets)
C000051721 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $7K | 71.99% |
| BANK OF NEW YORK MELLON CORP | $3K | 28.01% |
C000051721 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $2.9M | 61.29% |
| CANTOR FITZGERALD & CO | $1.8M | 38.25% |
| Wallachbeth Capital, LLC | $22K | 0.46% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.