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Nationwide Destination 2040 Fund Class A NWMAX | Schwab Mutual Fund OneSource® (no-load, no-transaction-fee) |
 Prospectus |  Mutual FundReport Card |
Daily Total Returns as of 05/01/2025
Actual Returns | Average Annual Returns | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Description | YTD05/01/2025 | 1 Day | 1 Month | 3 Month | 1 Year | 3 Year | 5 Year | 10 Year | 15 Year | |
| NWMAX1Fund Performance (without load) | -0.11% | 0.00% | +0.46% | -2.77% | +9.20% | +7.46% | +10.05% | +6.69% | +7.81% | |
| S&P 500 TR USD2Benchmark | -4.92% | +0.16% | -0.68% | -7.50% | +12.10% | +12.18% | +15.61% | +12.32% | +12.98% | |
| Target-Date 20403Morningstar Category | +0.20% | +0.16% | +0.15% | -2.54% | +9.99% | +7.95% | +11.03% | +7.36% | +8.46% | |
| Rank in Category | 61 | 69 | 52 | 54 | 69 | 74 | 75 | 86 | 79 | |
1 NWMAX return as of 05/01/2025 2 S&P 500 TR USD return as of 05/01/2025 3 Category: Target-Date 2040 return as of 05/01/2025 | ||||||||||
Monthly Pre-Tax Returns (%) as of 03/31/2025
- •
- NWMAX1Fund
- •
- Target-Date 20401Morningstar Category (with load)
- •
- S&P 500 TR USD2Broad-Based Index
- •
- NWMAX Pre-Liquidation3Fund
- •
- NWMAX Post-LiquidationFund
1 Numbers are adjusted for possible sales charges, and assume reinvestment of dividends and capital gains over each time period. 2 Index figures do not reflect deductions for fees or expenses. 3 Pre-liquidation figures include taxes on fund's distributions of dividends and capital gains. |
Actual Returns | Average Annual Returns | ||||||
|---|---|---|---|---|---|---|---|
| Description | 3 Month | 1 Year | 3 Year | 5 Year | 10 Year | Inception08/2007 | |
| NWMAX1Fund Performance (without load) 4 | -0.57% | +4.38% | +4.56% | +12.04% | +6.74% | +5.75% | |
| NWMAX2Fund Performance (with load) 4 | -6.29% | -1.62% | +2.51% | +10.72% | +6.11% | +5.40% | |
| Target-Date 20401Morningstar Category (without load) | -0.29% | +5.57% | +5.18% | +12.46% | +7.50% | -- | |
| Target-Date 20402Morningstar Category (with load) | -0.84% | +4.99% | +5.00% | +12.36% | +7.45% | -- | |
| S&P 500 TR USD3Broad-Based Index | -4.27% | +8.25% | +9.06% | +18.59% | +12.50% | -- | |
1 Numbers assume reinvestment of dividends and capital gains over each time period. 2 Fund performance is not adjusted for possible sales charges. For some funds, the sales charge is waived when purchased in a Schwab account. These funds might incur a sales charge if not purchased in a Schwab account, potentially affecting returns. Please see fund's prospectus for more information 3 Index figures do not reflect deductions for fees or expenses. 4 This fund is available without load at Schwab. | |||||||
Actual Returns | Average Annual Returns | ||||||
|---|---|---|---|---|---|---|---|
| Description | 3 Month | 1 Year | 3 Year | 5 Year | 10 Year | Inception08/2007 | |
Pre-Tax Returns | |||||||
| NWMAXFund Performance (without load) 5 | -0.57% | +4.38% | +4.56% | +12.04% | +6.74% | +5.75% | |
| NWMAX2Fund Performance (with load) 5 | -6.29% | -1.62% | +2.51% | +10.72% | +6.11% | +5.40% | |
After-Tax Returns1 | |||||||
| SEC Pre-Liquidation3(Before sale of shares) | -6.29% | -5.02% | +0.49% | +8.32% | +3.75% | +3.57% | |
| SEC Post-Liquidation(After sale of shares) | -3.72% | +0.76% | +1.58% | +7.87% | +4.13% | +3.73% | |
| Tax Cost Ratio4 | -- | 3.45% | 1.97% | 2.17% | 2.22% | -- | |
1 Figures based on highest Federal income tax bracket. State taxes are not included. Returns are without load. 2 Fund performance is adjusted for possible sales charges. For some funds, the sales charge is waived when purchased with a Schwab account. These funds might incur a sales charge if not purchased in a Schwab account, potentially affecting returns. Please see fund's prospectus for more information. 3 Pre-liquidation figures include taxes on fund's distributions of dividends and capital gains. 4 Tax Cost Ratio represents the percentage-point reduction in returns that results from Federal income taxes (before shares in the fund are sold, and assuming the highest Federal tax bracket). 5 This fund is available without load at Schwab. | |||||||
Yearly Performance | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rank | 2025 YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| Top 25% | 9.83 | ||||||||||
23.91 | |||||||||||
18.05 | 13.22 | ||||||||||
| Bottom 25% | -0.57 | 11.51 | -18.49 | 14.66 | -8.60 | 16.99 | |||||
1Compares this fund's total annual return with that of other funds in the same category.
2Figures are not adjusted for load, sales charge or taxes. See the 'Monthly Pre-Tax Returns' table above for load-adjusted performance.
The funds are built for investors who expect to start gradual withdrawals of fund assets on the target date, to begin covering expenses in retirement. The principal value of the funds is not guaranteed at any time and will continue to fluctuate up to and after the target date.
The target funds are subject to market volatility and risks associated with the underlying investments. Risks include exposure to international and emerging markets, small company and sector equity securities, and fixed income securities subject to changes in inflation, market valuations, liquidity, prepayments, and early redemption. Target date funds asset allocations are subject to change over time in accordance with each fund's prospectus.
Schwab's short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab's Mutual Fund OneSource® service (and certain other funds with no transaction fee) and held for 90 days or less. Schwab reserves the right to exempt certain funds from this fee, including Schwab Funds®, which may charge a separate redemption fee, and funds that accommodate short-term trading. For each of these trade orders placed through a broker, a $25 service charge applies. Funds are also subject to management fees and expenses.
- Investors should consider carefully information contained in the prospectus, including investment objectives, risks, charges and expenses. You can view, download, and print a prospectus by selecting the "View Prospectus" link at the top of the page. If there are remaining questions, please call 1-800-435-4000. Please read the prospectus carefully before investing.
- Morningstar proprietary ratings reflect historical risk-adjusted performance. For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar risk-adjusted return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is counted as a fraction of 1 fund within this scale and rated separately, which may cause slight variations in the distribution percentages). The top 10% of the funds in an investment category receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star.
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