Empower Lifetime 2030 Fund
Name
As of 05/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.9%
1 yr return
10.3%
3 Yr Avg Return
-0.9%
5 Yr Avg Return
N/A
Net Assets
$518 M
Holdings in Top 10
65.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.87%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 25.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MXATX - Profile
Distributions
- YTD Total Return 1.9%
- 3 Yr Annualized Total Return -0.9%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Semi-Monthly
- Net Income Ratio 2.75%
- Dividend Yield 3.3%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameEmpower Lifetime 2030 Fund
-
Fund Family NameGreat-West Funds
-
Inception DateApr 28, 2016
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Corwin
Fund Description
MXATX - Performance
Return Ranking - Trailing
Period | MXATX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.9% | -1.3% | 6.4% | 73.98% |
1 Yr | 10.3% | 3.0% | 13.8% | 65.31% |
3 Yr | -0.9%* | -3.5% | 3.1% | 94.76% |
5 Yr | N/A* | 3.4% | 7.3% | 71.86% |
10 Yr | N/A* | 3.8% | 7.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | MXATX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.2% | 5.5% | 14.4% | 93.40% |
2022 | -21.8% | -52.7% | -14.2% | 62.94% |
2021 | 2.3% | -5.6% | 14.0% | 66.31% |
2020 | 6.2% | 0.7% | 13.7% | 94.32% |
2019 | N/A | 2.6% | 18.9% | 60.63% |
Total Return Ranking - Trailing
Period | MXATX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.9% | -1.3% | 6.4% | 73.98% |
1 Yr | 10.3% | 3.0% | 13.8% | 65.31% |
3 Yr | -0.9%* | -3.5% | 3.1% | 94.76% |
5 Yr | N/A* | 3.4% | 7.3% | 65.27% |
10 Yr | N/A* | 3.8% | 7.2% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | MXATX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.1% | 10.0% | 49.5% | 82.74% |
2022 | -14.6% | -26.4% | 20.1% | 23.86% |
2021 | 5.8% | 1.6% | 18.5% | 98.93% |
2020 | 12.6% | 6.7% | 19.3% | 75.57% |
2019 | N/A | 17.1% | 34.4% | 66.88% |
NAV & Total Return History
MXATX - Holdings
Concentration Analysis
MXATX | Category Low | Category High | MXATX % Rank | |
---|---|---|---|---|
Net Assets | 518 M | 3.14 M | 90.6 B | 62.63% |
Number of Holdings | 27 | 4 | 768 | 37.88% |
Net Assets in Top 10 | 337 M | 3.3 M | 88.6 B | 62.63% |
Weighting of Top 10 | 65.01% | 45.1% | 103.6% | 75.00% |
Top 10 Holdings
- SP 500 INDEX FUND-INST 10.67%
- BOND INDEX FUND-INST 10.53%
- INTERNATIONAL INDEX FUND-INST 6.75%
- GUARANTEED FUNDING ACCOUNT 6.40%
- INFL-PROTECT SEC FUND INST CL 5.56%
- LARGE CAP VALUE-INST 5.53%
- FEDERATED BOND FUND-INST 5.18%
- MULTI-MAN LRG CAP GROWTH-INST 5.06%
- TEMPLETON GBL BOND FUND-INST 4.80%
- SP MID CAP 400 IND FUND-INST 4.54%
Asset Allocation
Weighting | Return Low | Return High | MXATX % Rank | |
---|---|---|---|---|
Stocks | 93.64% | 0.00% | 100.39% | 72.73% |
Bonds | 6.40% | 0.00% | 54.22% | 12.63% |
Convertible Bonds | 1.11% | 0.03% | 1.11% | 1.01% |
Preferred Stocks | 0.00% | 0.00% | 0.08% | 4.04% |
Other | 0.00% | -0.05% | 3.20% | 38.38% |
Cash | 0.00% | 0.00% | 16.10% | 91.92% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MXATX % Rank | |
---|---|---|---|---|
Technology | 16.96% | 14.06% | 23.99% | 81.82% |
Financial Services | 14.95% | 12.64% | 18.99% | 53.54% |
Healthcare | 11.92% | 10.63% | 14.63% | 74.75% |
Industrials | 11.74% | 8.84% | 12.27% | 11.11% |
Consumer Cyclical | 11.13% | 8.12% | 13.37% | 40.91% |
Real Estate | 10.30% | 1.86% | 12.53% | 4.04% |
Communication Services | 6.86% | 5.69% | 10.00% | 62.12% |
Consumer Defense | 6.40% | 4.88% | 10.87% | 67.68% |
Basic Materials | 4.54% | 3.15% | 7.02% | 65.15% |
Energy | 2.77% | 2.46% | 6.43% | 93.94% |
Utilities | 2.43% | 1.89% | 7.89% | 79.29% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MXATX % Rank | |
---|---|---|---|---|
US | 93.64% | 0.00% | 100.39% | 72.73% |
Non US | 0.00% | 0.00% | 23.47% | 14.65% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MXATX % Rank | |
---|---|---|---|---|
Corporate | 38.95% | 5.37% | 53.65% | 6.06% |
Government | 34.61% | 15.42% | 89.09% | 63.13% |
Securitized | 23.92% | 0.00% | 37.72% | 23.23% |
Municipal | 0.41% | 0.00% | 5.27% | 23.23% |
Derivative | 0.00% | -0.05% | 3.74% | 25.25% |
Cash & Equivalents | 0.00% | 0.00% | 50.44% | 57.07% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MXATX % Rank | |
---|---|---|---|---|
US | 6.40% | 0.00% | 50.94% | 12.63% |
Non US | 0.00% | 0.00% | 4.60% | 9.09% |
MXATX - Expenses
Operational Fees
MXATX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.87% | 0.06% | 10.07% | 39.09% |
Management Fee | 0.12% | 0.00% | 0.81% | 40.00% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 2.04% |
Administrative Fee | N/A | 0.01% | 0.29% | 92.95% |
Sales Fees
MXATX 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
MXATX 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.
MXATX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 25.00% | 3.00% | 98.00% | 37.78% |
MXATX - Distributions
Dividend Yield Analysis
MXATX | Category Low | Category High | MXATX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.29% | 0.00% | 7.44% | 45.45% |
Dividend Distribution Analysis
MXATX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
MXATX | Category Low | Category High | MXATX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.75% | 0.12% | 3.79% | 4.15% |
Capital Gain Distribution Analysis
MXATX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Monthly | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.170 | OrdinaryDividend |
Jun 28, 2023 | $0.088 | OrdinaryDividend |
Sep 09, 2022 | $0.006 | OrdinaryDividend |
Jun 28, 2022 | $0.066 | OrdinaryDividend |
Jun 28, 2021 | $0.052 | OrdinaryDividend |
Jun 29, 2020 | $0.059 | OrdinaryDividend |
Dec 31, 2019 | $0.137 | OrdinaryDividend |
Sep 11, 2019 | $0.601 | OrdinaryDividend |
Jun 27, 2019 | $0.076 | OrdinaryDividend |
Jun 28, 2018 | $0.074 | OrdinaryDividend |
MXATX - Fund Manager Analysis
Managers
Andrew Corwin
Start Date
Tenure
Tenure Rank
Apr 28, 2016
6.09
6.1%
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 | 5.79 | 2.41 |