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Trending ETFs

Name

As of 03/27/2024

Price

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

$13.31

$860 M

2.55%

$0.34

0.62%

Vitals

YTD Return

4.0%

1 yr return

14.7%

3 Yr Avg Return

1.1%

5 Yr Avg Return

5.9%

Net Assets

$860 M

Holdings in Top 10

100.0%

52 WEEK LOW AND HIGH

$13.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.62%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 20.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

Price

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

$13.31

$860 M

2.55%

$0.34

0.62%

MXSBX - Profile

Distributions

  • YTD Total Return 4.0%
  • 3 Yr Annualized Total Return 1.1%
  • 5 Yr Annualized Total Return 5.9%
  • Capital Gain Distribution Frequency Semi-Monthly
  • Net Income Ratio 2.14%
DIVIDENDS
  • Dividend Yield 2.5%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    Empower SecureFoundation Balanced Fund
  • Fund Family Name
    Great-West Funds
  • Inception Date
    Oct 24, 2012
  • Shares Outstanding
    N/A
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Andrew Corwin

Fund Description

Below is a summary of the principal investment strategies of the Fund.The Fund is a “fund-of-funds” that seeks to achieve its objective by investing in a professionally selected mix of mutual funds and in a fixed interest contract issued and guaranteed by Empower of America (the “Contract” or the “Empower of America Contract”). The mutual funds and the Contract are referred to as the “Underlying Funds.”Under normal conditions, the Fund will invest 45-65% of its net assets (plus the amount of any borrowings for investment purposes) in Underlying Funds that invest primarily in equity securities and 35-55% of its net assets (plus the amount of any borrowings for investment purposes) in Underlying Funds that invest primarily in fixed income securities.The Fund’s investment adviser, Empower Capital Management, LLC (“ECM”), uses asset allocation strategies to allocate assets among different broad 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 Cap20.79%International13.86%Empower S&P 500® Index Fund InstitutionalEmpower International Index Fund InstitutionalMid Cap11.66%Emerging Markets4.56%Empower S&P Mid Cap 400® Index Fund InstitutionalFidelity Emerging Markets Index FundSmall Cap9.13%Bond35.00%Empower S&P Small Cap 600® Index Fund InstitutionalEmpower Bond Index Fund InstitutionalShort-Term Bond5.00%Empower of America ContractThe Fund will rebalance its holdings of the Underlying Funds on a periodic basis to maintain the appropriate asset allocations. ECM reviews asset class allocations, Underlying Fund allocations, and the Underlying Funds themselves on a quarterly basis, or more frequently as deemed necessary. ECM may add or delete asset classes, add or delete Underlying Funds, or change asset allocations at any time and without shareholder notice or approval.
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MXSBX - Performance

Return Ranking - Trailing

Period MXSBX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.0% -0.9% 26.1% 81.12%
1 Yr 14.7% -5.9% 45.8% 77.76%
3 Yr 1.1%* -5.8% 8.6% 90.25%
5 Yr 5.9%* -4.1% 15.9% 77.53%
10 Yr 4.2%* 0.7% 10.9% 85.93%

* Annualized

Return Ranking - Calendar

Period MXSBX Return Category Return Low Category Return High Rank in Category (%)
2023 8.9% -12.2% 23.9% 64.61%
2022 -19.8% -34.7% 2.8% 65.38%
2021 1.8% -11.9% 18.1% 73.60%
2020 7.3% -20.9% 39.7% 51.93%
2019 10.1% 0.8% 25.7% 85.53%

Total Return Ranking - Trailing

Period MXSBX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.0% -0.9% 26.1% 81.12%
1 Yr 14.7% -5.9% 45.8% 77.76%
3 Yr 1.1%* -5.8% 8.6% 90.25%
5 Yr 5.9%* -4.1% 15.9% 77.53%
10 Yr 4.2%* 0.7% 10.9% 85.93%

* Annualized

Total Return Ranking - Calendar

Period MXSBX Return Category Return Low Category Return High Rank in Category (%)
2023 13.2% -12.2% 26.8% 56.04%
2022 -14.5% -29.0% 10.9% 44.73%
2021 6.7% -3.0% 24.2% 94.84%
2020 13.9% -19.5% 40.6% 38.18%
2019 22.7% 4.4% 32.7% 13.35%

NAV & Total Return History


MXSBX - Holdings

Concentration Analysis

MXSBX Category Low Category High MXSBX % Rank
Net Assets 860 M 733 K 195 B 53.17%
Number of Holdings 7 2 15716 96.81%
Net Assets in Top 10 883 M 618 K 62.8 B 40.22%
Weighting of Top 10 100.03% 11.4% 118.9% 3.88%

Top 10 Holdings

  1. BOND INDEX FUND-INST 34.76%
  2. SP 500 INDEX FUND-INST 20.85%
  3. INTERNATIONAL INDEX FUND-INST 14.02%
  4. SP MID CAP 400 IND FUND-INST 11.66%
  5. SP 600 INDEX FUND-INST 9.13%
  6. GUARANTEED FUNDING ACCOUNT 4.96%
  7. FIDELITY EMRG MKT 4.65%

Asset Allocation

Weighting Return Low Return High MXSBX % Rank
Stocks
95.07% 0.00% 103.09% 39.81%
Bonds
4.96% 0.00% 77.27% 52.43%
Convertible Bonds
0.39% 0.00% 23.84% 68.72%
Preferred Stocks
0.00% 0.00% 23.88% 65.74%
Other
0.00% -41.62% 117.44% 69.90%
Cash
0.00% -10.21% 100.00% 96.26%

Stock Sector Breakdown

Weighting Return Low Return High MXSBX % Rank
Technology
17.57% 0.00% 44.21% 63.31%
Financial Services
15.90% 0.00% 38.77% 29.83%
Industrials
12.80% 0.00% 24.37% 13.31%
Consumer Cyclical
12.77% 0.00% 19.36% 8.96%
Healthcare
12.04% 0.00% 29.35% 79.41%
Communication Services
6.79% 0.00% 38.10% 58.82%
Consumer Defense
6.42% 0.00% 15.14% 56.72%
Real Estate
5.10% 0.00% 65.01% 26.61%
Basic Materials
4.68% 0.00% 33.35% 32.07%
Energy
3.39% 0.00% 85.65% 78.71%
Utilities
2.55% 0.00% 99.55% 63.73%

Stock Geographic Breakdown

Weighting Return Low Return High MXSBX % Rank
US
95.07% 0.00% 103.09% 38.70%
Non US
0.00% 0.00% 38.68% 67.13%

Bond Sector Breakdown

Weighting Return Low Return High MXSBX % Rank
Government
42.72% 0.00% 97.26% 14.66%
Securitized
28.92% 0.00% 92.13% 19.41%
Corporate
25.70% 0.00% 98.21% 66.06%
Municipal
0.33% 0.00% 24.80% 38.27%
Derivative
0.00% -3.07% 46.02% 57.28%
Cash & Equivalents
0.00% 0.00% 100.00% 88.49%

Bond Geographic Breakdown

Weighting Return Low Return High MXSBX % Rank
US
4.96% 0.00% 77.27% 52.43%
Non US
0.00% 0.00% 14.17% 61.17%

MXSBX - Expenses

Operational Fees

MXSBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.62% 0.03% 17.63% 84.69%
Management Fee 0.10% 0.00% 1.83% 26.72%
12b-1 Fee 0.00% 0.00% 1.00% 7.67%
Administrative Fee N/A 0.01% 0.83% 98.45%

Sales Fees

MXSBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MXSBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 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.

MXSBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 20.00% 0.00% 343.00% 23.56%

MXSBX - Distributions

Dividend Yield Analysis

MXSBX Category Low Category High MXSBX % Rank
Dividend Yield 2.55% 0.00% 15.61% 90.22%

Dividend Distribution Analysis

MXSBX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annual Monthly Annual

Net Income Ratio Analysis

MXSBX Category Low Category High MXSBX % Rank
Net Income Ratio 2.14% -2.34% 19.41% 13.26%

Capital Gain Distribution Analysis

MXSBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Monthly Annually Semi-Monthly Annually

Distributions History

View More +

MXSBX - 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 34.51 6.33 2.41