Empower Lifetime 2035 Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.1%
1 yr return
13.9%
3 Yr Avg Return
0.3%
5 Yr Avg Return
N/A
Net Assets
$1.27 B
Holdings in Top 10
63.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.99%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 29.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MXLLX - Profile
Distributions
- YTD Total Return 4.1%
- 3 Yr Annualized Total Return 0.3%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency None
- Net Income Ratio 2.26%
- Dividend Yield 2.3%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameEmpower Lifetime 2035 Fund
-
Fund Family NameGreat-West Funds
-
Inception DateAug 01, 2019
-
Shares OutstandingN/A
-
Share ClassS
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Corwin
Fund Description
MXLLX - Performance
Return Ranking - Trailing
Period | MXLLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.1% | 2.6% | 12.4% | 81.41% |
1 Yr | 13.9% | 11.6% | 23.8% | 93.97% |
3 Yr | 0.3%* | 0.2% | 6.5% | 97.92% |
5 Yr | N/A* | 5.4% | 10.2% | 80.24% |
10 Yr | N/A* | 5.0% | 9.0% | 94.62% |
* Annualized
Return Ranking - Calendar
Period | MXLLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.6% | 2.9% | 18.6% | 89.90% |
2022 | -22.2% | -57.8% | -11.3% | 57.07% |
2021 | 3.5% | -5.5% | 16.8% | 65.43% |
2020 | 7.3% | 2.1% | 13.9% | 87.01% |
2019 | N/A | 7.5% | 21.5% | 85.44% |
Total Return Ranking - Trailing
Period | MXLLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.1% | 2.6% | 12.4% | 81.41% |
1 Yr | 13.9% | 11.6% | 23.8% | 93.97% |
3 Yr | 0.3%* | 0.2% | 6.5% | 97.92% |
5 Yr | N/A* | 5.4% | 10.2% | 74.25% |
10 Yr | N/A* | 5.0% | 9.0% | 100.00% |
* Annualized
Total Return Ranking - Calendar
Period | MXLLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.9% | 11.1% | 30.3% | 97.98% |
2022 | -15.8% | -26.8% | 0.1% | 33.84% |
2021 | 7.8% | 2.4% | 20.5% | 99.47% |
2020 | 13.3% | 7.0% | 20.7% | 73.45% |
2019 | N/A | 18.7% | 34.4% | 84.18% |
NAV & Total Return History
MXLLX - Holdings
Concentration Analysis
MXLLX | Category Low | Category High | MXLLX % Rank | |
---|---|---|---|---|
Net Assets | 1.27 B | 2.28 M | 82.4 B | 44.72% |
Number of Holdings | 27 | 2 | 616 | 30.65% |
Net Assets in Top 10 | 856 M | 2.42 M | 90.5 B | 45.23% |
Weighting of Top 10 | 63.31% | 43.8% | 106.8% | 83.07% |
Top 10 Holdings
- SP 500 INDEX FUND-INST 12.24%
- BOND INDEX FUND-INST 8.73%
- INTERNATIONAL INDEX FUND-INST 8.27%
- LARGE CAP VALUE-INST 6.37%
- MULTI-MAN LRG CAP GROWTH-INST 5.85%
- SP MID CAP 400 IND FUND-INST 5.22%
- MFS INTL VALUE FUND-INST 4.38%
- FEDERATED BOND FUND-INST 4.29%
- GUARANTEED FUNDING ACCOUNT 4.08%
- MFS INTL GROWTH FUND-INST 3.88%
Asset Allocation
Weighting | Return Low | Return High | MXLLX % Rank | |
---|---|---|---|---|
Stocks | 95.96% | 0.00% | 100.06% | 62.31% |
Bonds | 4.08% | 0.00% | 46.41% | 17.59% |
Convertible Bonds | 0.84% | 0.00% | 1.96% | 3.52% |
Preferred Stocks | 0.00% | 0.00% | 0.10% | 5.53% |
Other | 0.00% | 0.00% | 10.15% | 42.71% |
Cash | 0.00% | 0.00% | 37.73% | 89.95% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MXLLX % Rank | |
---|---|---|---|---|
Technology | 17.11% | 13.82% | 23.99% | 86.93% |
Financial Services | 15.14% | 12.97% | 18.89% | 46.73% |
Healthcare | 11.99% | 10.82% | 14.66% | 77.39% |
Industrials | 11.88% | 8.97% | 12.33% | 5.53% |
Consumer Cyclical | 11.25% | 8.03% | 13.37% | 41.21% |
Real Estate | 9.33% | 1.86% | 10.12% | 4.02% |
Communication Services | 6.91% | 5.69% | 10.14% | 64.82% |
Consumer Defense | 6.52% | 4.76% | 11.08% | 61.81% |
Basic Materials | 4.65% | 3.15% | 6.92% | 54.77% |
Energy | 2.82% | 2.39% | 6.52% | 93.47% |
Utilities | 2.42% | 1.89% | 8.17% | 79.40% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MXLLX % Rank | |
---|---|---|---|---|
US | 95.96% | 0.00% | 100.06% | 62.31% |
Non US | 0.00% | 0.00% | 33.24% | 17.59% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MXLLX % Rank | |
---|---|---|---|---|
Corporate | 39.49% | 4.92% | 52.90% | 3.02% |
Government | 33.66% | 11.31% | 77.80% | 62.31% |
Securitized | 23.97% | 0.00% | 38.76% | 24.12% |
Municipal | 0.39% | 0.00% | 1.16% | 28.64% |
Derivative | 0.00% | 0.00% | 7.78% | 29.65% |
Cash & Equivalents | 0.00% | 0.00% | 79.37% | 59.30% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MXLLX % Rank | |
---|---|---|---|---|
US | 4.08% | 0.00% | 43.44% | 17.59% |
Non US | 0.00% | 0.00% | 5.37% | 12.06% |
MXLLX - Expenses
Operational Fees
MXLLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.99% | 0.06% | 20.34% | 32.83% |
Management Fee | 0.12% | 0.00% | 0.84% | 40.43% |
12b-1 Fee | 0.10% | 0.00% | 1.00% | 12.77% |
Administrative Fee | N/A | 0.01% | 0.29% | 89.92% |
Sales Fees
MXLLX 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
MXLLX 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.
MXLLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 29.00% | 1.00% | 106.00% | 70.17% |
MXLLX - Distributions
Dividend Yield Analysis
MXLLX | Category Low | Category High | MXLLX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.30% | 0.00% | 6.90% | 73.87% |
Dividend Distribution Analysis
MXLLX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
MXLLX | Category Low | Category High | MXLLX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.26% | -0.09% | 3.75% | 7.53% |
Capital Gain Distribution Analysis
MXLLX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | None | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.158 | OrdinaryDividend |
Jun 29, 2023 | $0.072 | OrdinaryDividend |
Dec 30, 2022 | $0.106 | OrdinaryDividend |
Jun 28, 2022 | $0.049 | OrdinaryDividend |
Jun 28, 2021 | $0.034 | OrdinaryDividend |
Jun 29, 2020 | $0.042 | OrdinaryDividend |
Dec 31, 2019 | $0.128 | OrdinaryDividend |
Sep 11, 2019 | $1.001 | OrdinaryDividend |
Jun 27, 2019 | $0.060 | OrdinaryDividend |
Jun 28, 2018 | $0.062 | OrdinaryDividend |
MXLLX - Fund Manager Analysis
Managers
Andrew Corwin
Start Date
Tenure
Tenure Rank
May 01, 2014
8.09
8.1%
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 | 17.59 | 5.72 | 2.41 |