Empower Lifetime 2060 Fund
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
16.0%
1 yr return
20.9%
3 Yr Avg Return
1.6%
5 Yr Avg Return
7.0%
Net Assets
$53.5 M
Holdings in Top 10
77.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.58%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 46.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MXGUX - Profile
Distributions
- YTD Total Return 16.0%
- 3 Yr Annualized Total Return 1.6%
- 5 Yr Annualized Total Return 7.0%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.97%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameEmpower Lifetime 2060 Fund
-
Fund Family NameGreat-West Funds
-
Inception DateMay 01, 2019
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Corwin
Fund Description
MXGUX - Performance
Return Ranking - Trailing
Period | MXGUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 16.0% | 3.9% | 12.9% | 19.58% |
1 Yr | 20.9% | 30.7% | 65.2% | 30.50% |
3 Yr | 1.6%* | 8.7% | 13.7% | N/A |
5 Yr | 7.0%* | 10.3% | 14.1% | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | MXGUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.4% | -3.3% | 18.9% | 92.24% |
2022 | -23.9% | 11.7% | 29.3% | N/A |
2021 | 6.7% | -23.9% | -7.8% | N/A |
2020 | 8.2% | 13.0% | 20.8% | N/A |
2019 | N/A | 1.7% | 8.6% | N/A |
Total Return Ranking - Trailing
Period | MXGUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 16.0% | 3.9% | 12.9% | 19.58% |
1 Yr | 20.9% | 30.7% | 65.2% | 28.01% |
3 Yr | 1.6%* | 7.7% | 13.7% | N/A |
5 Yr | 7.0%* | 9.6% | 14.1% | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | MXGUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.7% | -3.3% | 18.9% | 92.24% |
2022 | -16.8% | 11.7% | 29.3% | N/A |
2021 | 8.7% | -23.9% | -5.7% | N/A |
2020 | 14.4% | 14.1% | 22.7% | N/A |
2019 | N/A | 1.7% | 11.0% | N/A |
NAV & Total Return History
MXGUX - Holdings
Concentration Analysis
MXGUX | Category Low | Category High | MXGUX % Rank | |
---|---|---|---|---|
Net Assets | 53.5 M | 60.7 K | 7.18 B | 57.53% |
Number of Holdings | 26 | 4 | 494 | 17.17% |
Net Assets in Top 10 | 65.4 M | 51.6 K | 7.13 B | 61.04% |
Weighting of Top 10 | 77.51% | 38.0% | 100.0% | 76.16% |
Top 10 Holdings
- SP 500 INDEX FUND-INST 14.33%
- INTERNATIONAL INDEX FUND-INST 12.70%
- LARGE CAP VALUE-INST 7.42%
- MULTI-MAN LRG CAP GROWTH-INST 6.82%
- MFS INTL VALUE FUND-INST 6.70%
- SP MID CAP 400 IND FUND-INST 6.08%
- FIDELITY EMRG MKT 5.97%
- MFS INTL GROWTH FUND-INST 5.96%
- EM EQUITY FUND INST CL 5.95%
- SP 600 INDEX FUND-INST 5.58%
Asset Allocation
Weighting | Return Low | Return High | MXGUX % Rank | |
---|---|---|---|---|
Stocks | 99.69% | 65.98% | 98.58% | 37.60% |
Bonds | 0.34% | 0.00% | 92.61% | 35.69% |
Convertible Bonds | 0.26% | 0.00% | 0.77% | 3.54% |
Preferred Stocks | 0.00% | 0.00% | 0.36% | 24.52% |
Other | 0.00% | -0.07% | 13.26% | 29.70% |
Cash | 0.00% | -86.71% | 14.73% | 81.20% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MXGUX % Rank | |
---|---|---|---|---|
Technology | 17.11% | 14.77% | 21.46% | 91.83% |
Financial Services | 15.46% | 12.29% | 18.11% | 70.03% |
Industrials | 12.03% | 9.57% | 15.26% | 25.61% |
Healthcare | 11.74% | 8.82% | 15.72% | 69.75% |
Consumer Cyclical | 11.34% | 9.27% | 14.12% | 84.20% |
Real Estate | 8.36% | 1.82% | 9.04% | 7.08% |
Communication Services | 6.91% | 6.12% | 11.04% | 95.64% |
Consumer Defense | 6.76% | 4.55% | 11.70% | 8.17% |
Basic Materials | 4.99% | 2.40% | 5.65% | 28.34% |
Energy | 2.95% | 1.87% | 4.03% | 82.83% |
Utilities | 2.35% | 0.55% | 4.39% | 64.03% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MXGUX % Rank | |
---|---|---|---|---|
US | 99.69% | 34.23% | 75.57% | 70.30% |
Non US | 0.00% | 18.37% | 51.41% | 20.16% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MXGUX % Rank | |
---|---|---|---|---|
Corporate | 40.34% | 0.08% | 63.17% | 16.35% |
Government | 30.13% | 0.00% | 72.52% | 34.60% |
Securitized | 23.08% | 0.00% | 29.24% | 14.71% |
Municipal | 0.39% | 0.00% | 4.01% | 16.35% |
Derivative | 0.00% | 0.00% | 31.93% | 60.49% |
Cash & Equivalents | 0.00% | 1.23% | 99.01% | 98.09% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MXGUX % Rank | |
---|---|---|---|---|
US | 0.34% | -0.24% | 50.12% | 41.42% |
Non US | 0.00% | 0.00% | 42.49% | 35.42% |
MXGUX - Expenses
Operational Fees
MXGUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.58% | 0.02% | 35.30% | 96.17% |
Management Fee | 0.12% | 0.00% | 0.94% | 37.37% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 2.62% |
Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
MXGUX 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% | 4.00% | N/A |
Trading Fees
MXGUX 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.
MXGUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 46.00% | 3.00% | 208.00% | 98.50% |
MXGUX - Distributions
Dividend Yield Analysis
MXGUX | Category Low | Category High | MXGUX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 1.44% | 32.80% |
Dividend Distribution Analysis
MXGUX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Monthly | Annually |
Net Income Ratio Analysis
MXGUX | Category Low | Category High | MXGUX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.97% | -0.04% | 8.75% | 1.40% |
Capital Gain Distribution Analysis
MXGUX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 10, 2024 | $0.354 | CapitalGainLongTerm |
Dec 28, 2023 | $0.190 | OrdinaryDividend |
Dec 28, 2023 | $0.054 | CapitalGainLongTerm |
Jun 27, 2023 | $0.063 | OrdinaryDividend |
Dec 29, 2022 | $0.096 | OrdinaryDividend |
Dec 29, 2022 | $0.110 | CapitalGainLongTerm |
Sep 08, 2022 | $0.073 | OrdinaryDividend |
Sep 08, 2022 | $0.527 | CapitalGainLongTerm |
Jun 27, 2022 | $0.051 | OrdinaryDividend |
Sep 07, 2021 | $0.015 | OrdinaryDividend |
Sep 07, 2021 | $0.187 | CapitalGainLongTerm |
Jun 25, 2021 | $0.043 | OrdinaryDividend |
Dec 30, 2020 | $0.274 | OrdinaryDividend |
Dec 30, 2020 | $0.148 | CapitalGainLongTerm |
Sep 08, 2020 | $0.000 | OrdinaryDividend |
Sep 08, 2020 | $0.143 | CapitalGainLongTerm |
Jun 26, 2020 | $0.052 | OrdinaryDividend |
Dec 30, 2019 | $0.195 | OrdinaryDividend |
Dec 30, 2019 | $0.036 | CapitalGainLongTerm |
Jun 26, 2019 | $0.054 | OrdinaryDividend |
MXGUX - Fund Manager Analysis
Managers
Andrew Corwin
Start Date
Tenure
Tenure Rank
May 01, 2019
3.08
3.1%
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
May 01, 2019
3.08
3.1%
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 |
---|---|---|---|
0.06 | 8.11 | 2.38 | 1.25 |