Empower Funds Inc - Great-West Core Strategies: Short Duration Bond Fund Class L
Fund
MXGDX
Price as of:
$8.45
- $0.00
- 0.00%
Primary Theme
N/A
fund company
N/A
Name
As of 10/29/2021Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$7.65 M
Holdings in Top 10
26.5%
52 WEEK LOW AND HIGH
$8.5
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.01%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 10/29/2021Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
MXGDX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFund Summary
-
Fund Family NameN/A
-
Inception DateSep 10, 2018
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
Below is a summary of the principal investment strategies of the Fund.The Fund will, under normal circumstances, invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in investment grade bonds. The Fund will select securities based on relative value, maturity, quality and sector. The Fund will maintain an actively managed portfolio of bonds selected from several categories, including U.S. Treasuries and agency securities, commercial and residential mortgage-backed securities, asset-backed securities, and corporate bonds. The Fund will maintain a dollar weighted average duration between one and three years based on the portfolio managers’ forecast for interest rates. The Fund may invest up to 20% of its net assets in below investment grade securities (commonly known as “high yield securities” or “junk bonds”) and bank loans. The Fund may invest in derivatives, including but not limited to, futures contracts on U.S. Treasury securities.The Fund’s investment portfolio is managed by Great-West Capital Management, LLC (“GWCM”), the Fund’s investment adviser. In constructing the Fund’s portfolio, GWCM combines a “top-down” or macroeconomic analysis of the fixed income markets together with “bottom-up” security-by-security fundamental research to identify relative value opportunities.
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MXGDX - Performance
Return Ranking - Trailing
Period | MXGDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -9.6% | 3.4% | 94.97% |
1 Yr | N/A | -12.5% | -0.1% | 0.34% |
3 Yr | N/A* | -7.2% | 2.4% | 0.18% |
5 Yr | N/A* | -10.8% | 3.1% | N/A |
10 Yr | N/A* | -12.1% | 2.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | MXGDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -17.7% | 17.8% | 99.49% |
2022 | N/A | -20.8% | 2.9% | 2.46% |
2021 | -15.4% | -2.8% | 4.6% | N/A |
2020 | 2.0% | -50.6% | 3.0% | N/A |
2019 | N/A | -3.7% | 0.6% | N/A |
Total Return Ranking - Trailing
Period | MXGDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -9.6% | 3.4% | 94.80% |
1 Yr | N/A | -12.5% | -0.1% | 0.34% |
3 Yr | N/A* | -7.2% | 2.4% | 0.18% |
5 Yr | N/A* | -8.3% | 3.1% | N/A |
10 Yr | N/A* | -10.7% | 2.2% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | MXGDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -17.7% | 17.7% | 99.49% |
2022 | N/A | -20.8% | 2.9% | 2.46% |
2021 | 2.8% | -2.8% | 4.6% | N/A |
2020 | 4.7% | -28.6% | 3.0% | N/A |
2019 | N/A | -1.0% | 4.2% | N/A |
NAV & Total Return History
MXGDX - Holdings
Concentration Analysis
MXGDX | Category Low | Category High | MXGDX % Rank | |
---|---|---|---|---|
Net Assets | 7.65 M | 5.81 M | 70.5 B | 99.83% |
Number of Holdings | 5 | 4 | 4919 | 92.32% |
Net Assets in Top 10 | 1.71 M | -23.9 M | 9.45 B | 98.66% |
Weighting of Top 10 | 26.53% | 1.7% | 100.0% | 18.41% |
Top 10 Holdings
- United States Treasury Notes 1.75% 49.05%
- United States Treasury Notes 0.13% 8.15%
- J. B. Hunt Transport Services, Inc. 3.3% 4.21%
- Bacardi Limited 4.45% 4.16%
- Simon Property Group, L.P. 2% 3.97%
- Citigroup Inc. 2.31% 3.86%
- JPMorgan Chase & Co. 3.88% 3.71%
- T-Mobile USA, Inc. 3.5% 3.69%
- Wells Fargo & Company 4.13% 3.66%
- Bank of America Corporation 3.46% 3.63%
Asset Allocation
Weighting | Return Low | Return High | MXGDX % Rank | |
---|---|---|---|---|
Cash | 73.47% | -102.46% | 39.20% | 89.65% |
Bonds | 26.53% | 49.71% | 194.71% | 15.86% |
Stocks | 0.00% | -0.66% | 11.31% | 22.20% |
Preferred Stocks | 0.00% | 0.00% | 25.64% | 26.21% |
Other | 0.00% | -2.59% | 10.19% | 9.68% |
Convertible Bonds | 0.00% | 0.00% | 27.71% | 46.91% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MXGDX % Rank | |
---|---|---|---|---|
Derivative | 0.00% | 0.00% | 45.97% | 23.87% |
Cash & Equivalents | 0.00% | 0.00% | 44.09% | 99.83% |
Securitized | 0.00% | 0.00% | 97.27% | 94.66% |
Corporate | 0.00% | 0.00% | 100.00% | 4.51% |
Municipal | 0.00% | 0.00% | 17.46% | 51.75% |
Government | 0.00% | 0.00% | 73.63% | 71.95% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MXGDX % Rank | |
---|---|---|---|---|
US | 26.53% | 0.00% | 165.96% | 11.02% |
Non US | 0.00% | 0.00% | 72.71% | 89.32% |
MXGDX - Expenses
Operational Fees
MXGDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.01% | 0.02% | 2.48% | 25.59% |
Management Fee | 0.00% | 0.00% | 1.19% | 21.50% |
12b-1 Fee | N/A | 0.00% | 1.00% | 26.86% |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
MXGDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 5.75% | N/A |
Deferred Load | N/A | 0.50% | 5.00% | N/A |
Trading Fees
MXGDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
MXGDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 2.00% | 500.00% | 84.48% |
MXGDX - Distributions
Dividend Yield Analysis
MXGDX | Category Low | Category High | MXGDX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 11.65% | 96.83% |
Dividend Distribution Analysis
MXGDX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
MXGDX | Category Low | Category High | MXGDX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -1.27% | 4.98% | 61.71% |
Capital Gain Distribution Analysis
MXGDX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jul 28, 2021 | $0.008 | OrdinaryDividend |
Dec 30, 2020 | $1.811 | OrdinaryDividend |
Jul 28, 2020 | $0.035 | OrdinaryDividend |
Oct 29, 2019 | $0.045 | OrdinaryDividend |
Jul 26, 2019 | $0.050 | OrdinaryDividend |
Apr 29, 2019 | $0.044 | OrdinaryDividend |
Jan 28, 2019 | $0.014 | OrdinaryDividend |
Dec 28, 2018 | $0.044 | OrdinaryDividend |
Oct 29, 2018 | $0.059 | OrdinaryDividend |