Empower Lifetime 2045 Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.4%
1 yr return
11.1%
3 Yr Avg Return
-0.6%
5 Yr Avg Return
N/A
Net Assets
$1.01 B
Holdings in Top 10
72.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.92%
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 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MXQLX - Profile
Distributions
- YTD Total Return 1.4%
- 3 Yr Annualized Total Return -0.6%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency None
- Net Income Ratio 3.19%
- Dividend Yield 2.5%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameEmpower Lifetime 2045 Fund
-
Fund Family NameGreat-West Funds
-
Inception DateAug 01, 2019
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Corwin
Fund Description
MXQLX - Performance
Return Ranking - Trailing
Period | MXQLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.4% | 0.9% | 9.1% | 93.97% |
1 Yr | 11.1% | 6.3% | 20.3% | 92.96% |
3 Yr | -0.6%* | -3.6% | 5.1% | 95.31% |
5 Yr | N/A* | 4.7% | 9.9% | 81.33% |
10 Yr | N/A* | 4.8% | 9.4% | 93.48% |
* Annualized
Return Ranking - Calendar
Period | MXQLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.6% | 4.8% | 21.3% | 89.90% |
2022 | -23.9% | -65.7% | -14.5% | 59.60% |
2021 | 5.3% | -4.7% | 18.7% | 64.02% |
2020 | 7.1% | 2.3% | 15.5% | 95.48% |
2019 | N/A | 8.2% | 23.0% | 96.18% |
Total Return Ranking - Trailing
Period | MXQLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.4% | 0.9% | 9.1% | 93.97% |
1 Yr | 11.1% | 6.3% | 20.3% | 92.96% |
3 Yr | -0.6%* | -3.6% | 5.1% | 95.31% |
5 Yr | N/A* | 4.7% | 9.9% | 81.33% |
10 Yr | N/A* | 4.8% | 9.4% | 98.91% |
* Annualized
Total Return Ranking - Calendar
Period | MXQLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.7% | 11.2% | 37.0% | 86.36% |
2022 | -16.8% | -28.2% | 0.1% | 33.33% |
2021 | 9.8% | 4.2% | 22.9% | 98.94% |
2020 | 13.9% | 7.8% | 23.2% | 77.40% |
2019 | N/A | 21.3% | 37.2% | 88.54% |
NAV & Total Return History
MXQLX - Holdings
Concentration Analysis
MXQLX | Category Low | Category High | MXQLX % Rank | |
---|---|---|---|---|
Net Assets | 1.01 B | 2.77 M | 79.9 B | 45.23% |
Number of Holdings | 27 | 2 | 577 | 28.14% |
Net Assets in Top 10 | 707 M | 2.88 M | 76.4 B | 46.23% |
Weighting of Top 10 | 72.40% | 42.8% | 103.9% | 80.32% |
Top 10 Holdings
- SP 500 INDEX FUND-INST 14.83%
- INTERNATIONAL INDEX FUND-INST 11.21%
- LARGE CAP VALUE-INST 7.70%
- MULTI-MAN LRG CAP GROWTH-INST 7.08%
- SP MID CAP 400 IND FUND-INST 6.32%
- MFS INTL VALUE FUND-INST 5.93%
- MFS INTL GROWTH FUND-INST 5.26%
- SP 600 INDEX FUND-INST 4.71%
- EM EQUITY FUND INST CL 4.68%
- FIDELITY EMRG MKT 4.68%
Asset Allocation
Weighting | Return Low | Return High | MXQLX % Rank | |
---|---|---|---|---|
Stocks | 98.97% | 0.00% | 100.06% | 55.78% |
Bonds | 1.07% | 0.00% | 25.62% | 19.10% |
Convertible Bonds | 0.37% | 0.00% | 1.09% | 5.03% |
Preferred Stocks | 0.00% | 0.00% | 0.14% | 61.81% |
Other | 0.00% | 0.00% | 11.52% | 76.88% |
Cash | 0.00% | 0.00% | 20.94% | 94.47% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MXQLX % Rank | |
---|---|---|---|---|
Technology | 17.21% | 14.05% | 23.99% | 92.46% |
Financial Services | 15.37% | 13.09% | 18.83% | 39.70% |
Industrials | 12.03% | 9.12% | 12.31% | 6.53% |
Healthcare | 11.98% | 10.69% | 14.59% | 70.35% |
Consumer Cyclical | 11.35% | 8.06% | 13.31% | 41.21% |
Real Estate | 8.36% | 1.86% | 10.17% | 18.09% |
Communication Services | 6.94% | 5.69% | 10.23% | 67.84% |
Consumer Defense | 6.67% | 4.68% | 11.06% | 52.76% |
Basic Materials | 4.81% | 3.18% | 6.86% | 47.74% |
Energy | 2.89% | 2.33% | 6.54% | 93.47% |
Utilities | 2.40% | 1.89% | 8.09% | 77.39% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MXQLX % Rank | |
---|---|---|---|---|
US | 98.97% | 0.00% | 100.06% | 55.78% |
Non US | 0.00% | 0.00% | 38.46% | 64.82% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MXQLX % Rank | |
---|---|---|---|---|
Corporate | 40.32% | 3.21% | 43.85% | 4.02% |
Government | 31.32% | 11.67% | 67.01% | 68.34% |
Securitized | 23.60% | 0.00% | 34.36% | 10.55% |
Municipal | 0.40% | 0.00% | 1.01% | 24.62% |
Derivative | 0.00% | 0.00% | 20.51% | 71.36% |
Cash & Equivalents | 0.00% | 0.00% | 78.34% | 80.90% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MXQLX % Rank | |
---|---|---|---|---|
US | 1.07% | 0.00% | 24.00% | 19.10% |
Non US | 0.00% | 0.00% | 5.72% | 64.32% |
MXQLX - Expenses
Operational Fees
MXQLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.92% | 0.06% | 21.17% | 40.40% |
Management Fee | 0.12% | 0.00% | 0.89% | 42.25% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 8.60% |
Administrative Fee | N/A | 0.01% | 0.29% | 94.71% |
Sales Fees
MXQLX 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
MXQLX 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.
MXQLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 29.00% | 0.42% | 115.00% | 66.85% |
MXQLX - Distributions
Dividend Yield Analysis
MXQLX | Category Low | Category High | MXQLX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.47% | 0.00% | 6.33% | 68.84% |
Dividend Distribution Analysis
MXQLX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Annual | Annual |
Net Income Ratio Analysis
MXQLX | Category Low | Category High | MXQLX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.19% | -0.42% | 3.87% | 1.62% |
Capital Gain Distribution Analysis
MXQLX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | None | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.171 | OrdinaryDividend |
Jun 28, 2023 | $0.056 | OrdinaryDividend |
Dec 30, 2022 | $0.128 | OrdinaryDividend |
Jun 28, 2022 | $0.040 | OrdinaryDividend |
Jun 28, 2021 | $0.032 | OrdinaryDividend |
Jun 29, 2020 | $0.037 | OrdinaryDividend |
Dec 31, 2019 | $0.137 | OrdinaryDividend |
Sep 11, 2019 | $1.139 | OrdinaryDividend |
Jun 27, 2019 | $0.049 | OrdinaryDividend |
Jun 28, 2018 | $0.046 | OrdinaryDividend |
MXQLX - 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 | 5.68 | 2.41 |