NWECX — Nationwide Destination Retirement Fund
Data updated: 2026-09-18
NWECX — Nationwide Destination Retirement Fund. Target Date / Glide Path Allocation · $197.86M AUM. Holdings, fees, performance and SEC filings.
NWECX Fund Overview
NWECX — Nationwide Destination Retirement Fund is a US mutual fund managed by Nationwide Mutual Funds, categorised as Target Date / Glide Path Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Nationwide Mutual Funds
- Category: Target Date / Glide Path Allocation
- Assets under management: $197.86M
- Ticker: NWECX
- SEC CIK: 0001048702
- SEC series ID: S000018632
- Share class ID: C000051719
NWECX Investment Objective and Strategy
Nationwide Destination Retirement Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Nationwide Mutual Funds.
Investment objective
The Nationwide Destination 2015 Fund seeks capital appreciation and income consistent with its current asset allocation.
Principal investment strategy
The Fund is a fund-of-funds that invests primarily in affiliated mutual funds representing a variety of asset classes. The Fund invests in a professionally selected mix of different asset classes that is tailored for investors who have retired or will retire in, or close to, the year 2015. Therefore, the Fund currently seeks both capital growth and income, and invests in equity securities, such as common stocks of U.S. and international companies, and in bonds (including mortgage-backed and asset-backed securities) in order to generate investment income. As of February 28, 2018, the Fund allocates approximately 31% of its net assets in U.S. stocks (including smaller company stocks), approximately 18% in international stocks, and approximately 51% in fixed-income securities. For the next 20 years after 2015, the Funds allocations to different asset classes will progressively become more conservative, with increasing emphasis on investments that provide for income and preservation of capital, and less on those offering the potential for growth.
The Fund invests primarily in affiliated portfolios of Nationwide Mutual Funds, but also may invest in unaffiliated exchange-traded funds (each, an Underlying Fund or collectively, Underlying Funds), that collectively represent several asset classes. The Fund may also invest in a fixed interest contract issued by Nationwide Life Insurance Company (Nationwide Contract). Many Underlying Funds are index funds (or funds that use index replication strategies) that invest directly in equity securities, bonds or other securities with a goal of obtaining investment returns that closely track a benchmark stock or bond index. The Fund also invests in certain Underlying Funds that are not index funds. Although the Fund seeks to provide diversification across several asset classes, the Fund invests a significant portion of its assets in a small number of issuers (i.e., Underlying Funds).
However, the Underlying Funds in which the Fund invests generally are diversified. The Fund is designed for investors who are willing to accept some amount of market volatility in exchange for greater potential returns, but who have a lower tolerance for risk than more aggressive investors. The Fund also assumes that its investors have retired or will retire in or close to 2015 at the age of 65, and that such investors seek both investment income and capital preservation with less emphasis on capital growth.
NWECX Holdings
Top 10 holdings of Nationwide Destination Retirement Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Nationwide Bond Portfolio | 38.24% |
| Nationwide Fundamental All Cap Equity Portfolio | 13.43% |
| Nationwide Inflation-Protected Securities Fund | 5.93% |
| Nationwide Strategic Income Fund | 5.81% |
| Nationwide International Equity Portfolio | 5.43% |
| Nationwide Large Cap Equity Portfolio | 5.40% |
| Nationwide U.S. 130/30 Equity Portfolio | 5.36% |
| Nationwide International Index Fund | 5.28% |
| iShares Core S&P 500 ETF | 5.26% |
| Nationwide Loomis Short Term Bond Fund | 3.45% |
NWECX Portfolio Allocation
Asset-class allocation of Nationwide Destination Retirement Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Other | 100.0% |
NWECX Performance
Total returns for NWECX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 4.2% |
| 1 year | 9.9% |
| 3 years (annualised) | 8.4% |
| 5 years (annualised) | 3.3% |
NWECX Risk Information
Risk metrics for NWECX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.4%
NWECX Costs and Fees
NWECX costs about $145 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.45%
- Gross expense ratio: 1.45%
- Portfolio turnover: 32%
- Brokerage commissions: 0.01 bps of average net assets (SEC N-CEN)
NWECX Cashflows
Over the 12 months to 2026-07, Nationwide Destination Retirement Fund had net outflows of $35.82M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-07 | −$4.61M |
| 2026-06 | −$1.70M |
| 2026-05 | −$2.37M |
| 2026-04 | −$409.31K |
| 2026-03 | −$1.05M |
| 2026-02 | −$5.84M |
NWECX Debt Constituents
No individual debt constituents are reported in Nationwide Destination Retirement Fund's latest SEC N-PORT filing.
NWECX Prospectus and SEC Filings
Official Nationwide Destination Retirement Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-02-19
- Prospectus (485BPOS) — filed 2025-02-20
- Prospectus (485BPOS) — filed 2024-02-20
- Portfolio holdings (N-PORT) — filed 2026-09-18
- Portfolio holdings (N-PORT) — filed 2026-06-23
- Portfolio holdings (N-PORT) — filed 2026-03-19
- Annual census (N-CEN) — filed 2026-01-12
- Annual census (N-CEN) — filed 2025-01-08
Related Funds
Other Target Date / Glide Path Allocation funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.