Great-West Core Strats Infl-Prtd Scs L
Name
As of 10/02/2020Price
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
$10.76
$188 M
0.00%
$0.00
1.08%
Vitals
YTD Return
5.6%
1 yr return
6.3%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$188 M
Holdings in Top 10
57.8%
52 WEEK LOW AND HIGH
$10.8
$9.68
$10.81
Expenses
OPERATING FEES
Expense Ratio 1.08%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 59.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/02/2020Price
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
$10.76
$188 M
0.00%
$0.00
1.08%
MXGEX - Profile
Distributions
- YTD Total Return 5.6%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.67%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameGreat-West Core Strategies: Inflation-Protected Securities Fund
-
Fund Family NameGreat-West Funds
-
Inception DateSep 10, 2018
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
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 inflation-protected securities (“IPS”) of varying maturities issued by the U.S. Treasury and other U.S. and non-U.S. government agencies and corporations, and other instruments, including inflation-linked swaps, with similar economic characteristics.The Fund may invest in derivatives, including but not limited to exchange-traded futures, interest rate swaps, and inflation-linked swaps that reference the Consumer Price Index For All Urban Consumers (“CPI-U”) as well as other measures of inflation.The remainder of the Fund’s assets may be invested in other fixed income securities, including U.S. government securities, asset-backed securities, mortgage-backed securities, corporate bonds, below investment grade securities (commonly known as “high yield securities” or “junk bonds”) and securities issued by foreign corporate and governmental issuers.The Fund’s target duration range under normal interest rate conditions is expected to approximate that of its benchmark index, the Bloomberg 1-10 Year U.S. Treasury Inflation-Protected Securities Index, plus or minus one year. As of April 30, 2022, the duration of this index was 4.84 years. “Duration” is a measure of a debt security’s price sensitivity to changes in interest rates. The longer the duration of the Fund (or an individual debt security), the more sensitive its market price will be to changes in interest rates. For example, if market interest rates increase by 1%, the market price of a debt security with a three-year effective duration will generally decrease by approximately 3%. Conversely, a 1% decline in market interest rates will generally result in an increase of approximately 3% of that security’s market price.Empower Capital Management, LLC (“ECM”) is the Fund’s investment adviser and, subject to the approval of the Board of Directors of Empower Funds (the “Board”), selects the Fund’s sub-adviser and monitors its performance on an ongoing basis. The Fund’s investment portfolio is managed by Goldman Sachs Asset Management, L.P. (the “Sub-Adviser” or “GSAM”). GSAM seeks to generate consistent risk-adjusted performance by capitalizing on inefficiencies in markets that cause security prices to diverge from their fair value.
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MXGEX - Performance
Return Ranking - Trailing
Period | MXGEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.6% | -6.8% | 7.7% | 0.94% |
1 Yr | 6.3% | -1.8% | 24.8% | 67.76% |
3 Yr | N/A* | 2.9% | 10.1% | N/A |
5 Yr | N/A* | 1.8% | 7.1% | N/A |
10 Yr | N/A* | 0.9% | 5.9% | N/A |
* Annualized
Return Ranking - Calendar
Period | MXGEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.1% | -29.4% | 23.0% | 91.43% |
2022 | N/A | -47.0% | 16.7% | N/A |
2021 | N/A | -11.1% | -0.5% | N/A |
2020 | N/A | -2.8% | 6.6% | N/A |
2019 | N/A | 0.5% | 7.7% | N/A |
Total Return Ranking - Trailing
Period | MXGEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.6% | -6.8% | 7.7% | 0.94% |
1 Yr | 6.3% | -1.8% | 24.8% | 60.28% |
3 Yr | N/A* | 2.9% | 10.1% | N/A |
5 Yr | N/A* | 1.8% | 7.1% | N/A |
10 Yr | N/A* | 0.9% | 5.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | MXGEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.1% | -29.4% | 23.0% | 91.43% |
2022 | N/A | 0.8% | 16.7% | N/A |
2021 | N/A | -9.9% | 0.6% | N/A |
2020 | N/A | -2.7% | 9.6% | N/A |
2019 | N/A | 0.5% | 10.4% | N/A |
NAV & Total Return History
MXGEX - Holdings
Concentration Analysis
MXGEX | Category Low | Category High | MXGEX % Rank | |
---|---|---|---|---|
Net Assets | 188 M | 8.79 M | 46.8 B | 86.18% |
Number of Holdings | 71 | 6 | 1154 | 68.52% |
Net Assets in Top 10 | 87.6 M | -36.8 M | 26.6 B | 85.19% |
Weighting of Top 10 | 57.76% | 12.9% | 100.0% | 47.06% |
Top 10 Holdings
- United States Treasury Notes 0.75% 9.46%
- United States Treasury Notes 0.63% 7.64%
- United States Treasury Notes 0.38% 7.51%
- United States Treasury Notes 0.13% 6.93%
- United States Treasury Notes 0.88% 6.88%
- United States Treasury Notes 0.13% 5.46%
- United States Treasury Notes 0.13% 4.29%
- United States Treasury Bonds 2.13% 3.23%
- United States Treasury Notes 0.13% 3.22%
- United States Treasury Notes 0.13% 3.13%
Asset Allocation
Weighting | Return Low | Return High | MXGEX % Rank | |
---|---|---|---|---|
Bonds | 100.00% | 23.18% | 144.40% | 10.65% |
Stocks | 0.00% | -3.13% | 14.27% | 54.63% |
Preferred Stocks | 0.00% | 0.00% | 0.49% | 53.70% |
Other | 0.00% | -3.34% | 46.19% | 50.00% |
Convertible Bonds | 0.00% | 0.00% | 4.89% | 70.37% |
Cash | 0.00% | -56.42% | 76.82% | 86.11% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MXGEX % Rank | |
---|---|---|---|---|
Government | 71.13% | 18.59% | 100.00% | 75.00% |
Securitized | 28.87% | 0.00% | 55.90% | 12.04% |
Derivative | 0.00% | 0.00% | 16.90% | 67.13% |
Cash & Equivalents | 0.00% | 0.00% | 36.72% | 99.07% |
Corporate | 0.00% | 0.00% | 46.12% | 83.80% |
Municipal | 0.00% | 0.00% | 2.61% | 63.89% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MXGEX % Rank | |
---|---|---|---|---|
US | 88.18% | 22.87% | 168.37% | 71.30% |
Non US | 11.82% | -36.68% | 44.20% | 17.59% |
MXGEX - Expenses
Operational Fees
MXGEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.08% | 0.01% | 22.01% | 22.93% |
Management Fee | 0.33% | 0.00% | 0.99% | 56.88% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 45.71% |
Administrative Fee | N/A | 0.00% | 0.40% | N/A |
Sales Fees
MXGEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 4.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
MXGEX 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.
MXGEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 59.00% | 0.00% | 330.00% | 49.07% |
MXGEX - Distributions
Dividend Yield Analysis
MXGEX | Category Low | Category High | MXGEX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 1.12% | 52.75% |
Dividend Distribution Analysis
MXGEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Semi-Annually | Semi-Annually | Monthly | Monthly |
Net Income Ratio Analysis
MXGEX | Category Low | Category High | MXGEX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.67% | -0.02% | 3.82% | 41.78% |
Capital Gain Distribution Analysis
MXGEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |