Empower SecureFoundation Balanced Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
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
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 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
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%
- Dividend Yield 2.5%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameEmpower SecureFoundation Balanced Fund
-
Fund Family NameGreat-West Funds
-
Inception DateOct 24, 2012
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Corwin
Fund Description
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
- BOND INDEX FUND-INST 34.76%
- SP 500 INDEX FUND-INST 20.85%
- INTERNATIONAL INDEX FUND-INST 14.02%
- SP MID CAP 400 IND FUND-INST 11.66%
- SP 600 INDEX FUND-INST 9.13%
- GUARANTEED FUNDING ACCOUNT 4.96%
- 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
Date | Amount | Type |
---|---|---|
Jun 28, 2023 | $0.101 | OrdinaryDividend |
Dec 30, 2022 | $0.135 | OrdinaryDividend |
Jun 28, 2022 | $0.066 | OrdinaryDividend |
Jun 28, 2021 | $0.056 | OrdinaryDividend |
Jun 29, 2020 | $0.078 | OrdinaryDividend |
Dec 31, 2019 | $0.168 | OrdinaryDividend |
Sep 11, 2019 | $0.644 | OrdinaryDividend |
Jun 27, 2019 | $0.091 | OrdinaryDividend |
Jun 28, 2018 | $0.086 | OrdinaryDividend |
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 |