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Nationwide Retirement Income Instl Svc (NWRSX)

10.02 Down 0.01(0.10%) Jul 28

Profile as of Jun 29, 2014Get Profile for:
Nationwide Retirement Income Instl Svc
Nationwide Mutual Funds1000 Continental Drive, Suite 400King of Prussia, PA 19406
Phone: 800-848-0920
Fund Overview 
Category:Retirement Income
Fund Family:Nationwide
Net Assets:27.10M
Year-to-Date Return:4.33%
Morningstar Rating:1 stars
Fund Inception Date:Aug 29, 2007
Morningstar Style Box 
Retirement Income
[View Category Definition]
View Top Retirement Income Funds
About the Morningstar Style Box
Management Information 
Thomas R. Hickey, Jr.
Lead Manager since Aug 29, 2007
Hickey joined NFA in April 2001 and is vice president of Portfolio Analytics and Product Management where he oversees various asset allocation and index mutual fund products.
Investment Information 
Min Initial Investment:50,000
Min Initial Investment, IRA:N/A
Min Initial Investment, AIP:N/A
Min Subsequent Investment:N/A
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:N/A
NWRSX can be purchased from 13 brokerages.

Fund Summary 
The investment seeks to provide current income consistent with capital preservation and, as a secondary investment objective, capital appreciation. 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 that have already retired. The fund allocates approximately 62% of its net assets in fixed-income securities (14% of which represents inflation-protected bonds), approximately 27% in stocks. It is non-diversified.

Fund Operations 
Last Dividend (Jun 16, 2014) : 0.03
Last Cap Gain : 0.00
Annual Holdings Turnover (Jul 27, 2014) : 73.70%
Average for Category:30.70%
Fees & Expenses 
ExpenseNWRSXCategory Avg
Annual Report Expense Ratio (net):0.38%0.49%
Prospectus Net Expense Ratio:0.66%N/A
Prospectus Gross Expense Ratio:0.66%N/A
Max 12b1 Fee:N/AN/A
Max Front End Sales Load:N/A4.66%
Max Deferred Sales Load: N/A1.87%
3 Yr Expense Projection*:211528
5 Yr Expense Projection*:368776
10 Yr Expense Projection*:8221,556
* Per $10,000 invested