Empower Lifetime 2020 Fund
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.1%
1 yr return
5.6%
3 Yr Avg Return
-1.5%
5 Yr Avg Return
N/A
Net Assets
$368 M
Holdings in Top 10
70.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.49%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 26.00%
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
MXAKX - Profile
Distributions
- YTD Total Return 1.1%
- 3 Yr Annualized Total Return -1.5%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Semi-Monthly
- Net Income Ratio 2.90%
- Dividend Yield 0.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameEmpower Lifetime 2020 Fund
-
Fund Family NameGreat-West Funds
-
Inception DateApr 28, 2016
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Corwin
Fund Description
MXAKX - Performance
Return Ranking - Trailing
Period | MXAKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.1% | -1.0% | 4.2% | 41.61% |
1 Yr | 5.6% | 1.6% | 10.9% | 98.54% |
3 Yr | -1.5%* | -2.9% | 2.6% | 96.24% |
5 Yr | N/A* | 0.7% | 6.5% | 57.14% |
10 Yr | N/A* | 2.9% | 6.0% | N/A |
* Annualized
Return Ranking - Calendar
Period | MXAKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.7% | 3.8% | 11.5% | 95.59% |
2022 | -19.9% | -32.2% | -12.0% | 59.56% |
2021 | 1.1% | -9.5% | 12.0% | 49.61% |
2020 | 6.2% | -12.1% | 12.6% | 41.27% |
2019 | N/A | -0.2% | 15.3% | 51.75% |
Total Return Ranking - Trailing
Period | MXAKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.1% | -1.0% | 4.2% | 41.61% |
1 Yr | 5.6% | 1.6% | 10.9% | 98.54% |
3 Yr | -1.5%* | -2.9% | 2.6% | 96.24% |
5 Yr | N/A* | 0.7% | 6.5% | 56.30% |
10 Yr | N/A* | 2.9% | 6.0% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | MXAKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.1% | 7.6% | 15.6% | 99.26% |
2022 | -12.6% | -23.3% | -11.0% | 19.12% |
2021 | 4.2% | 4.1% | 16.5% | 99.21% |
2020 | 11.7% | -6.0% | 16.1% | 53.97% |
2019 | N/A | 12.6% | 21.7% | 64.91% |
NAV & Total Return History
MXAKX - Holdings
Concentration Analysis
MXAKX | Category Low | Category High | MXAKX % Rank | |
---|---|---|---|---|
Net Assets | 368 M | 4.51 M | 38.2 B | 62.77% |
Number of Holdings | 27 | 7 | 571 | 46.72% |
Net Assets in Top 10 | 259 M | 2.38 M | 39 B | 64.23% |
Weighting of Top 10 | 70.48% | 51.8% | 100.3% | 65.69% |
Top 10 Holdings
- GUARANTEED FUNDING ACCOUNT 11.08%
- BOND INDEX FUND-INST 10.93%
- INFL-PROTECT SEC FUND INST CL 10.64%
- SP 500 INDEX FUND-INST 8.61%
- TEMPLETON GBL BOND FUND-INST 5.47%
- FEDERATED BOND FUND-INST 5.37%
- INTERNATIONAL INDEX FUND-INST 4.83%
- SHORT DURATION BOND FUND-INST 4.74%
- LARGE CAP VALUE-INST 4.45%
- LOOMIS SAYLES BOND INST 4.36%
Asset Allocation
Weighting | Return Low | Return High | MXAKX % Rank | |
---|---|---|---|---|
Stocks | 88.96% | 0.00% | 100.11% | 81.75% |
Bonds | 11.08% | 0.00% | 75.85% | 8.03% |
Convertible Bonds | 1.38% | 0.00% | 1.38% | 0.73% |
Preferred Stocks | 0.00% | 0.00% | 0.04% | 5.11% |
Other | 0.00% | -0.06% | 3.96% | 32.12% |
Cash | 0.00% | 0.00% | 35.78% | 89.78% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MXAKX % Rank | |
---|---|---|---|---|
Technology | 16.70% | 13.94% | 23.92% | 81.02% |
Financial Services | 14.55% | 12.26% | 19.15% | 72.99% |
Real Estate | 12.27% | 1.87% | 16.02% | 6.57% |
Healthcare | 11.81% | 10.66% | 15.12% | 75.18% |
Industrials | 11.43% | 8.53% | 12.76% | 29.93% |
Consumer Cyclical | 10.91% | 7.73% | 13.31% | 51.82% |
Communication Services | 6.75% | 5.56% | 9.97% | 62.04% |
Consumer Defense | 6.16% | 4.92% | 10.96% | 56.93% |
Basic Materials | 4.32% | 3.04% | 7.27% | 74.45% |
Energy | 2.67% | 2.44% | 8.11% | 89.78% |
Utilities | 2.43% | 1.91% | 7.99% | 67.15% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MXAKX % Rank | |
---|---|---|---|---|
US | 88.96% | 0.00% | 100.11% | 81.75% |
Non US | 0.00% | 0.00% | 13.95% | 11.68% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MXAKX % Rank | |
---|---|---|---|---|
Corporate | 37.91% | 0.01% | 46.14% | 16.06% |
Government | 36.40% | 21.49% | 99.39% | 59.12% |
Securitized | 23.51% | 0.00% | 30.82% | 18.98% |
Municipal | 0.38% | 0.00% | 1.32% | 16.06% |
Derivative | 0.00% | -0.06% | 0.11% | 18.25% |
Cash & Equivalents | 0.00% | 0.00% | 62.69% | 54.01% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MXAKX % Rank | |
---|---|---|---|---|
US | 11.08% | 0.00% | 75.85% | 8.03% |
Non US | 0.00% | 0.00% | 2.00% | 5.11% |
MXAKX - Expenses
Operational Fees
MXAKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.49% | 0.06% | 24.24% | 66.91% |
Management Fee | 0.12% | 0.00% | 0.61% | 42.65% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 3.08% |
Administrative Fee | N/A | 0.01% | 0.28% | 1.51% |
Sales Fees
MXAKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
MXAKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | 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.
MXAKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 26.00% | 5.00% | 137.00% | 31.09% |
MXAKX - Distributions
Dividend Yield Analysis
MXAKX | Category Low | Category High | MXAKX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 7.14% | 94.89% |
Dividend Distribution Analysis
MXAKX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Annual | Annual |
Net Income Ratio Analysis
MXAKX | Category Low | Category High | MXAKX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.90% | 0.16% | 3.78% | 3.73% |
Capital Gain Distribution Analysis
MXAKX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Monthly | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 28, 2023 | $0.115 | OrdinaryDividend |
Dec 30, 2022 | $0.154 | OrdinaryDividend |
Sep 09, 2022 | $0.011 | OrdinaryDividend |
Jun 28, 2022 | $0.100 | OrdinaryDividend |
Jun 28, 2021 | $0.073 | OrdinaryDividend |
Jun 29, 2020 | $0.081 | OrdinaryDividend |
Dec 31, 2019 | $0.226 | OrdinaryDividend |
Sep 11, 2019 | $0.438 | OrdinaryDividend |
Jun 27, 2019 | $0.106 | OrdinaryDividend |
Jun 28, 2018 | $0.106 | OrdinaryDividend |
MXAKX - Fund Manager Analysis
Managers
Andrew Corwin
Start Date
Tenure
Tenure Rank
Apr 28, 2016
6.09
6.1%
Andrew Corwin, CFA, Portfolio Manager, has managed since 2014. Andrew Corwin, Assistant Portfolio Manager, has joined Great-West Capital Management, LLC since 2011. Mr. Corwin was previously an Investment Analyst and Investment Consultant at Strategies, LLC 2009-2011. Mr. Corwin received a B.S. in business administration with an emphasis in finance as well as a minor in mathematics from the University of Colorado.
Maria Mendelsberg
Start Date
Tenure
Tenure Rank
Apr 30, 2018
4.09
4.1%
Maria Mendelsberg, CFA, Portfolio Manager, has managed the Funds since 2018. In addition to the Funds, Ms. Mendelsberg manages the Great-West Profile Funds, Great-West Conservative Lifetime Funds, and Great-West SecureFoundation Funds. Ms. Mendelsberg was previously a Partner and Investment Principal/Equity Analyst at Cambiar Investors from 1997-2016. Ms. Mendelsberg received a B.A. in Economics and Classics from Brown University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 16.18 | 5.96 | 2.41 |