Empower Global Bond Fund
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-3.5%
1 yr return
-1.2%
3 Yr Avg Return
-5.6%
5 Yr Avg Return
-2.9%
Net Assets
$542 M
Holdings in Top 10
32.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.13%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 184.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MXGBX - Profile
Distributions
- YTD Total Return -3.5%
- 3 Yr Annualized Total Return -5.6%
- 5 Yr Annualized Total Return -2.9%
- Capital Gain Distribution Frequency None
- Net Income Ratio 0.32%
- Dividend Yield 0.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameEmpower Global Bond Fund
-
Fund Family NameGreat-West Funds
-
Inception DateOct 24, 2012
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrendan Murphy
Fund Description
MXGBX - Performance
Return Ranking - Trailing
Period | MXGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.5% | -59.5% | 0.9% | 46.60% |
1 Yr | -1.2% | -15.5% | 19.7% | 55.77% |
3 Yr | -5.6%* | -4.3% | 4.2% | 93.03% |
5 Yr | -2.9%* | -2.5% | 4.1% | 94.15% |
10 Yr | -2.6%* | -3.0% | 2.7% | 71.43% |
* Annualized
Return Ranking - Calendar
Period | MXGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.2% | -15.2% | 0.9% | 28.50% |
2022 | -15.7% | -10.9% | 12.2% | 73.20% |
2021 | -6.5% | -10.8% | 14.8% | 92.19% |
2020 | 4.2% | -15.3% | 0.6% | 15.61% |
2019 | 0.2% | -44.4% | 14.4% | 93.25% |
Total Return Ranking - Trailing
Period | MXGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.5% | -59.5% | 0.9% | 44.66% |
1 Yr | -1.2% | -16.6% | 30.5% | 50.24% |
3 Yr | -5.6%* | -5.2% | 10.9% | 90.34% |
5 Yr | -2.9%* | -2.8% | 7.4% | 94.33% |
10 Yr | -2.6%* | -3.0% | 3.6% | 70.72% |
* Annualized
Total Return Ranking - Calendar
Period | MXGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.1% | -15.2% | 0.9% | 28.50% |
2022 | -14.7% | -10.9% | 12.2% | 73.20% |
2021 | -6.5% | -10.8% | 14.8% | 93.23% |
2020 | 5.3% | -15.3% | 3.8% | 11.56% |
2019 | 4.1% | -44.4% | 14.4% | 95.71% |
NAV & Total Return History
MXGBX - Holdings
Concentration Analysis
MXGBX | Category Low | Category High | MXGBX % Rank | |
---|---|---|---|---|
Net Assets | 542 M | 74.5 K | 14.7 B | 45.59% |
Number of Holdings | 781 | 4 | 4562 | 53.55% |
Net Assets in Top 10 | 171 M | -112 M | 3.66 B | 33.65% |
Weighting of Top 10 | 32.26% | 4.7% | 100.0% | 74.04% |
Top 10 Holdings
- MORGAN STANLEY 6.57%
- RBC CAPITAL MARKETS 4.28%
- T 2.25 03/31/24 3.96%
- CITIGROUP GLOBAL MARKETS 2.97%
- HSBC SECURITIES INC 2.81%
- T 2.5 04/30/24 2.73%
- MBONO 5.5 03/04/27 M 2.59%
- Ishares Trust USD INV GRDE ETF 2.25%
- BTPS 4.4 05/01/33 10Y 2.11%
- T 4 07/31/30 2.00%
Asset Allocation
Weighting | Return Low | Return High | MXGBX % Rank | |
---|---|---|---|---|
Bonds | 96.66% | 0.00% | 220.33% | 50.71% |
Other | 83.59% | -9.71% | 100.00% | 76.30% |
Stocks | 3.09% | 0.00% | 7.47% | 84.36% |
Convertible Bonds | 2.17% | 0.00% | 11.19% | 36.02% |
Preferred Stocks | 0.00% | 0.00% | 2.87% | 11.37% |
Cash | 0.00% | -130.07% | 95.62% | 55.92% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MXGBX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 91.33% | N/A |
Technology | 0.00% | 0.00% | 21.64% | N/A |
Real Estate | 0.00% | 0.00% | 3.17% | N/A |
Industrials | 0.00% | 0.00% | 11.80% | N/A |
Healthcare | 0.00% | 0.00% | 9.46% | N/A |
Financial Services | 0.00% | 0.00% | 100.00% | N/A |
Energy | 0.00% | 0.00% | 100.00% | N/A |
Communication Services | 0.00% | 0.00% | 56.19% | N/A |
Consumer Defense | 0.00% | 0.00% | 34.30% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 27.00% | N/A |
Basic Materials | 0.00% | 0.00% | 100.00% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MXGBX % Rank | |
---|---|---|---|---|
US | 3.09% | 0.00% | 6.55% | 83.41% |
Non US | 0.00% | 0.00% | 1.77% | 80.57% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MXGBX % Rank | |
---|---|---|---|---|
Derivative | 77.22% | 0.00% | 74.77% | 89.42% |
Government | 52.64% | 0.30% | 99.47% | 45.67% |
Corporate | 25.42% | 0.00% | 98.62% | 37.98% |
Securitized | 16.81% | 0.00% | 52.02% | 12.98% |
Cash & Equivalents | 0.00% | 0.00% | 95.62% | 59.62% |
Municipal | 0.00% | 0.00% | 7.95% | 85.10% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MXGBX % Rank | |
---|---|---|---|---|
Non US | 51.32% | 0.00% | 112.80% | 70.62% |
US | 45.34% | -5.52% | 107.53% | 27.01% |
MXGBX - Expenses
Operational Fees
MXGBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.13% | 0.02% | 3.65% | 34.45% |
Management Fee | 0.57% | 0.00% | 2.08% | 66.34% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 11.11% |
Administrative Fee | N/A | 0.01% | 0.45% | 100.00% |
Sales Fees
MXGBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.00% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
MXGBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MXGBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 184.00% | 6.00% | 354.00% | 89.35% |
MXGBX - Distributions
Dividend Yield Analysis
MXGBX | Category Low | Category High | MXGBX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 17.40% | 81.04% |
Dividend Distribution Analysis
MXGBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
MXGBX | Category Low | Category High | MXGBX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.32% | -1.08% | 5.77% | 93.14% |
Capital Gain Distribution Analysis
MXGBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | None | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 26, 2023 | $0.058 | OrdinaryDividend |
Jun 24, 2022 | $0.052 | OrdinaryDividend |
Jun 24, 2021 | $0.006 | OrdinaryDividend |
Sep 08, 2020 | $0.078 | OrdinaryDividend |
Jun 25, 2020 | $0.011 | OrdinaryDividend |
Dec 30, 2019 | $0.111 | OrdinaryDividend |
Sep 09, 2019 | $0.069 | OrdinaryDividend |
Jun 25, 2019 | $0.130 | OrdinaryDividend |
Jun 25, 2018 | $0.182 | OrdinaryDividend |
MXGBX - Fund Manager Analysis
Managers
Brendan Murphy
Start Date
Tenure
Tenure Rank
Jul 13, 2018
3.88
3.9%
Mr. Murphy, CFA, is Head of Global Fixed Income, North America, at INA. He has been employed by INA or a predecessor company of INA since 2005. He was managing director of global and multi-sector strategies. Previously, he served as director and senior portfolio manager of global strategies responsible for managing non-U.S., global and opportunistic bond portfolios. Before being promoted to portfolio manager in 2009, he was a senior trader responsible for trading developed and emerging market non-USD securities as well as all foreign currencies. Mr. Murphy joined Mellon in 2005 from State Street Research, where he was a senior trader responsible for investment grade corporate bonds. He holds a B.A. from Trinity College.
Mark Dowding
Start Date
Tenure
Tenure Rank
Jul 09, 2021
0.89
0.9%
Mark is BlueBay’s Chief Investment Officer. He has over 25 years’ investment experience as a macro fixed income investor and has been a senior portfolio manager at BlueBay since 2010. Prior to joining BlueBay, Mark was Head of Fixed Income in Europe for Deutsche Asset Management, a role he previously occupied at Invesco. He started his career as a fixed income portfolio manager at Morgan Grenfell in 1993 and holds a BSc (Hons) in Economics from the University of Warwick.
Kaspar Hense
Start Date
Tenure
Tenure Rank
Jul 09, 2021
0.89
0.9%
Kaspar joined BlueBay in August 2014 and is a Senior Portfolio Manager within the Investment Grade team. Prior to joining BlueBay, Kaspar worked at TD Securities and Deutsche Asset and Wealth Management where he was responsible for the global aggregate bond strategy. He holds a Master's Degree in Financial Management and a Master's Degree in Economics from the Christian Albrechts University of Kiel. Kaspar is a CFA charterholder.
Nathaniel Hyde
Start Date
Tenure
Tenure Rank
Apr 29, 2022
0.09
0.1%
Nathaniel A. Hyde, CFA Vice President, Portfolio Manager Nate is a portfolio manager on the Global and Multi-Sector Fixed Income Team where he specializes in local and hard currency emerging market debt. Nate previously served as a sovereign analyst contributing to interest rate and currency strategy for global and emerging market portfolios. Nate has been in the investment industry since 2006 and has spent his entire career with the firm. Nate earned a BA from Bowdoin College. He holds the CFA® designation and is a member of the CFA Institute and the CFA Society of Boston.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 28.31 | 6.8 | 3.67 |