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    Nationwide Retirement Income Instl Svc (NWRSX)

    9.49 Up 0.01(0.11%) Nov 24

    Profile as of Oct 30, 2015Get 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:18.37M
    Year-to-Date Return:0.72%
    Morningstar Rating:2 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 16 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 considerably in bonds (including mortgage-backed and asset-backed securities), many of which are issued by foreign issuers, in order to preserve capital and generate income. The fund allocates approximately 69% of its net assets in fixed-income securities (11% of which represents inflation-protected bonds), and approximately 27% in stocks. It is non-diversified.

    Fund Operations 
    Last Dividend (Sep 14, 2015) : 0.04
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Nov 22, 2015) : 46.16%
    Average for Category:34.89%
    Fees & Expenses 
    ExpenseNWRSXCategory Avg
    Annual Report Expense Ratio (net):0.38%0.50%
    Prospectus Net Expense Ratio:0.65%N/A
    Prospectus Gross Expense Ratio:0.65%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A4.95%
    Max Deferred Sales Load: N/A2.24%
    3 Yr Expense Projection*:208532
    5 Yr Expense Projection*:362764
    10 Yr Expense Projection*:8101,520
    * Per $10,000 invested