Great-West SecureFoundation® LT 2045 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
Vitals
YTD Return
-11.8%
1 yr return
5.6%
3 Yr Avg Return
4.9%
5 Yr Avg Return
8.5%
Net Assets
$19.6 M
Holdings in Top 10
100.0%
52 WEEK LOW AND HIGH
$8.5
$6.69
$9.80
Expenses
OPERATING FEES
Expense Ratio 0.72%
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 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
MXLNX - Profile
Distributions
- YTD Total Return -11.8%
- 3 Yr Annualized Total Return 4.9%
- 5 Yr Annualized Total Return 8.5%
- Capital Gain Distribution Frequency Semi-Monthly
- Net Income Ratio 2.48%
- Dividend Yield 9.7%
- Dividend Distribution Frequency Semi-Monthly
Fund Details
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Legal NameGreat-West SecureFoundation® Lifetime 2045 Fund
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Fund Family NameGreat-West Funds
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Inception DateJan 31, 2011
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Shares OutstandingN/A
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Share ClassOther
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CurrencyUSD
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Domiciled CountryUnited States
Fund Description
Below is a summary of the principal investment strategies of the Fund.The Fund seeks to achieve its objective by investing in a professionally selected mix of Underlying Funds that is tailored for investors planning to retire in, or close to, 2045 (which is assumed to be at age 65). The Fund is designed for investors who plan to withdraw the value of their account in the Fund gradually after retirement. Depending on its proximity to 2045, the Fund employs a combination of investments among Underlying Funds in order to emphasize, as appropriate, growth, income and/or preservation of capital. The Fund currently expects (as of the date of this Prospectus) to invest 75-95% of its net assets in Underlying Funds that invest primarily in equity securities and 5-25% of its net assets in Underlying Funds that invest primarily in fixed income securities. The Fund may also invest in the GWL&A Contract. Over time until 2035, the Fund’s asset allocation strategy will generally become more conservative, with greater emphasis on investments that provide for income and preservation of capital, and less on those offering the potential for growth. Beginning in 2035, it is anticipated that the asset allocation between equity and fixed income investments will become relatively static, and that the Fund will invest 50-70% of its net assets in Underlying Funds that invest primarily in equity securities and 30-50% of its net assets in Underlying Funds that invest primarily in fixed income securities.GWCM uses asset allocation strategies to allocate assets among asset classes and the Underlying Funds. The Fund currently invests primarily in Underlying Funds designed to track the performance of a specified securities index (“Index Funds”). Each Underlying Fund has its own investment objectives and strategies and may hold a wide range of securities and other instruments in its portfolio, including, without limitation, U.S. and foreign equities (including those from emerging markets), fixed income securities, derivatives, and short-term investments. The following table shows the Fund’s target allocation for the various asset classes and the Underlying Funds in which the Fund expects to invest as of the date of this Prospectus:Large Cap30.15%International24.24%Great-West S&P 500® Index Fund InstitutionalGreat-West International Index Fund InstitutionalMid Cap12.92%Emerging Markets9.12%Great-West S&P Mid Cap 400® Index Fund InstitutionalFidelity Emerging Markets Index FundSmall Cap10.08%Bond12.27%Great-West S&P Small Cap 600® Index Fund InstitutionalGreat-West Bond Index Fund InstitutionalShort-Term Bond1.22%GWL&A ContractThe Fund will rebalance its holdings of the Underlying Funds on a periodic basis to maintain the appropriate asset allocations. GWCM reviews asset class allocations, Underlying Fund allocations, and the Underlying Funds themselves on a quarterly basis, or more frequently as deemed necessary. GWCM may add or delete asset classes, add or delete Underlying Funds, or change asset allocations at any time and without shareholder notice or approval.The following chart illustrates the Fund’s target asset allocation among U.S. equity, foreign equity, and fixed income asset classes as of the date of this Prospectus. The chart represents the asset allocation path (the “glide path”) that the Fund follows to become more conservative until 2035. The glide path reflects the declining percentage of equities in the Fund as it approaches 2035. The glide path provides for more exposure to equities for investors further from retirement and more exposure to fixed income securities for investors nearing retirement. The illustration reflects the Fund’s neutral allocations (without any tactical adjustments by GWCM). The Fund’s actual asset allocation may differ from this illustration to reflect GWCM’s tactical adjustments to the asset mix based on market outlook or other factors. GWCM periodically reviews the asset allocations and may change target asset allocations or deviate from the target asset allocations at any time without shareholder notice or approval.
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MXLNX - Performance
Return Ranking - Trailing
| Period | MXLNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -11.8% | -11.8% | -11.8% | 100.00% |
| 1 Yr | 5.6% | 5.6% | 5.6% | 100.00% |
| 3 Yr | 4.9%* | 4.9% | 4.9% | 100.00% |
| 5 Yr | 8.5%* | 8.5% | 8.5% | 100.00% |
| 10 Yr | 8.3%* | 8.3% | 8.3% | 100.00% |
* Annualized
Return Ranking - Calendar
| Period | MXLNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 7.9% | 7.9% | 7.9% | 100.00% |
| 2022 | -22.4% | -22.4% | -22.4% | 100.00% |
| 2021 | 7.7% | 7.7% | 7.7% | 100.00% |
| 2020 | 4.8% | 4.8% | 4.8% | 100.00% |
| 2019 | -9.1% | -9.1% | -9.1% | 100.00% |
Total Return Ranking - Trailing
| Period | MXLNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -11.8% | -11.8% | -11.8% | 100.00% |
| 1 Yr | 5.6% | 5.6% | 5.6% | 100.00% |
| 3 Yr | 4.9%* | 4.9% | 4.9% | 100.00% |
| 5 Yr | 8.5%* | 8.5% | 8.5% | 100.00% |
| 10 Yr | 8.3%* | 8.3% | 8.3% | 100.00% |
* Annualized
Total Return Ranking - Calendar
| Period | MXLNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 7.9% | 7.9% | 7.9% | 100.00% |
| 2022 | -17.2% | -17.2% | -17.2% | 100.00% |
| 2021 | 7.7% | 7.7% | 7.7% | 100.00% |
| 2020 | 4.8% | 4.8% | 4.8% | 100.00% |
| 2019 | -9.1% | -9.1% | -9.1% | 100.00% |
NAV & Total Return History
MXLNX - Holdings
Concentration Analysis
| MXLNX | Category Low | Category High | MXLNX % Rank | |
|---|---|---|---|---|
| Net Assets | 19.6 M | 19.6 M | 19.6 M | 100.00% |
| Number of Holdings | 7 | 7 | 7 | 100.00% |
| Net Assets in Top 10 | 27.1 M | 27.1 M | 27.1 M | 100.00% |
| Weighting of Top 10 | 100.00% | 100.0% | 100.0% | 100.00% |
Top 10 Holdings
- Great-West S&P 500® Index Institutional 30.52%
- Great-West International Index Instl 24.62%
- Great-West S&P Mid Cap 400® Index Instl 13.11%
- Great-West Bond Index Institutional 10.89%
- Great-West S&P SmallCap 600® Index Instl 10.49%
- Northern Emerging Markets Equity Index 9.37%
- Great-West 1.00%
- Great-West 1.00%
- Great-West 1.00%
- Great-West 1.00%
Asset Allocation
| Weighting | Return Low | Return High | MXLNX % Rank | |
|---|---|---|---|---|
| Stocks | 88.11% | 88.11% | 88.11% | 100.00% |
| Bonds | 10.73% | 10.73% | 10.73% | 100.00% |
| Other | 1.00% | 1.00% | 1.00% | 100.00% |
| Convertible Bonds | 0.08% | 0.08% | 0.08% | 100.00% |
| Cash | 0.08% | 0.08% | 0.08% | 100.00% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 100.00% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MXLNX % Rank | |
|---|---|---|---|---|
| Technology | 16.27% | 16.27% | 16.27% | 100.00% |
| Financial Services | 15.66% | 15.66% | 15.66% | 100.00% |
| Healthcare | 13.38% | 13.38% | 13.38% | 100.00% |
| Industrials | 11.87% | 11.87% | 11.87% | 100.00% |
| Consumer Cyclical | 10.61% | 10.61% | 10.61% | 100.00% |
| Consumer Defense | 8.37% | 8.37% | 8.37% | 100.00% |
| Communication Services | 7.80% | 7.80% | 7.80% | 100.00% |
| Real Estate | 4.83% | 4.83% | 4.83% | 100.00% |
| Basic Materials | 4.59% | 4.59% | 4.59% | 100.00% |
| Utilities | 3.67% | 3.67% | 3.67% | 100.00% |
| Energy | 2.96% | 2.96% | 2.96% | 100.00% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MXLNX % Rank | |
|---|---|---|---|---|
| US | 53.80% | 53.80% | 53.80% | 100.00% |
| Non US | 34.31% | 34.31% | 34.31% | 100.00% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | MXLNX % Rank | |
|---|---|---|---|---|
| Government | 45.32% | 45.32% | 45.32% | 100.00% |
| Securitized | 29.17% | 29.17% | 29.17% | 100.00% |
| Corporate | 23.93% | 23.93% | 23.93% | 100.00% |
| Municipal | 0.80% | 0.80% | 0.80% | 100.00% |
| Cash & Equivalents | 0.77% | 0.77% | 0.77% | 100.00% |
| Derivative | 0.00% | 0.00% | 0.00% | 100.00% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | MXLNX % Rank | |
|---|---|---|---|---|
| US | 9.94% | 9.94% | 9.94% | 100.00% |
| Non US | 0.79% | 0.79% | 0.79% | 100.00% |
MXLNX - Expenses
Operational Fees
| MXLNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.72% | 0.72% | 0.72% | 100.00% |
| Management Fee | 0.12% | 0.12% | 0.12% | 100.00% |
| 12b-1 Fee | 0.25% | 0.25% | 0.25% | 100.00% |
| Administrative Fee | N/A | N/A | N/A | 89.80% |
Sales Fees
| MXLNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | N/A | N/A | N/A |
| Deferred Load | N/A | N/A | N/A | N/A |
Trading Fees
| MXLNX 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.
| MXLNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 26.00% | 26.00% | 26.00% | 100.00% |
MXLNX - Distributions
Dividend Yield Analysis
| MXLNX | Category Low | Category High | MXLNX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 9.74% | 0.00% | 0.00% | 100.00% |
Dividend Distribution Analysis
| MXLNX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Semi-Monthly | Semi-Monthly | Semi-Monthly | Semi-Monthly |
Net Income Ratio Analysis
| MXLNX | Category Low | Category High | MXLNX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.48% | 2.48% | 2.48% | 100.00% |
Capital Gain Distribution Analysis
| MXLNX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Monthly | Semi-Monthly | Semi-Monthly | Semi-Monthly |