NADCX Fees and Costs — Nationwide Investor Destinations Moderately Conservative Fund, Class A
Data updated: 2026-09-18
The net expense ratio is 0.88%. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2025 the fund paid $4K in broker commissions, 0.0017% of average net assets, and portfolio turnover was 33%.
NADCX Fees and Expenses
Annual operating expenses and sales charges of NADCX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.13% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.88% |
| Fee waiver | — |
| Net expense ratio | 0.88% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
NADCX Costs Over Time
On $10,000 invested in NADCX, assuming 5% a year before costs, total costs come to $1,255 over 5 years, cutting the return by 2.15% 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 0.88%) | $87 | $272 | $472 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $29 | $104 | $207 |
| Total costs | $691 | $952 | $1,255 |
| Value after costs | $9,809 | $10,625 | $11,508 |
| Impact on return, per year | 6.91% | 2.96% | 2.15% |
NADCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0017%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $36.1M
- Portfolio turnover (prospectus): 33%
- Securities on loan, average value: $5.7M
- Net income from securities lending: $10K (0.004% of average net assets)
NADCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wallachbeth Capital LLC | $4K | 100.00% |
NADCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $26.1M | 72.16% |
| Jane Street Capital, LLC | $5.3M | 14.58% |
| Goldman Sachs & Co. LLC | $2.0M | 5.49% |
| Jane Street Execution Services, LLC | $1.3M | 3.70% |
| Virtu Americas LLC | $1.3M | 3.48% |
| BofA Securities, Inc. | $211K | 0.58% |
Nationwide Investor Destinations Moderately Conservative Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GMIMX | Class R6 | 0.57% | none |
| NWWKX | Service Class | 0.68% | none |
| NADCX | Class A | 0.88% | 5.75% |
| NSDCX | Service Class Shares | 0.96% | none |
| GMMRX | Class R | 1.21% | none |
| NCDCX | Class C | 1.57% | none |
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.