MXBTX: Great-West Lifetime 2055 L

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MXBTX Great-West Lifetime 2055 L


Profile

MXBTX - Profile

Vitals

  • YTD Return -4.4%
  • 3 Yr Annualized Return -7.0%
  • 5 Yr Annualized Return N/A
  • Net Assets $387 M
  • Holdings in Top 10 76.3%

52 WEEK LOW AND HIGH

$8.55
$8.41
$9.79

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.72%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 36.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2055

Distributions

  • YTD Total Return -4.4%
  • 3 Yr Annualized Total Return -5.0%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Semi-Monthly
  • Net Income Ratio 1.92%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Great-West Lifetime 2055 Fund
  • Fund Family Name
    Great-West Funds
  • Inception Date
    Apr 22, 2016
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jonathan Kreider

Fund Description

The fund invests in a professionally selected mix of underlying funds that is tailored for investors planning to retire in (or otherwise begin using the invested funds on), or close to, 2055. The adviser currently expects to invest 80-98% of its net assets in underlying funds that invest primarily in equity securities and 2-20% of its net assets in underlying funds that invest primarily in fixed income securities. While the fund is non-diversified, it invests in diversified underlying holdings.


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Categories

Performance

MXBTX - Performance

Return Ranking - Trailing

Period MXBTX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.4% -4.9% 1.3% 94.95%
1 Yr -10.5% -12.7% 13.9% 99.82%
3 Yr -7.0%* -18.8% 7.4% 97.00%
5 Yr N/A* -12.0% 5.2% 6.26%
10 Yr N/A* -4.0% 8.8% 6.15%

* Annualized

Return Ranking - Calendar

Period MXBTX Return Category Return Low Category Return High Rank in Category (%)
2019 4.9% -1.8% 29.3% 96.23%
2018 -23.6% -30.8% -0.6% 98.07%
2017 6.3% -36.9% 19.9% 84.01%
2016 N/A -5.2% 8.6% N/A
2015 N/A -25.3% -0.9% N/A

Total Return Ranking - Trailing

Period MXBTX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.4% -4.9% 1.3% 94.95%
1 Yr -10.5% -12.7% 13.9% 99.82%
3 Yr -5.0%* -18.8% 8.4% 96.42%
5 Yr N/A* -12.0% 6.6% 9.16%
10 Yr N/A* -4.0% 9.4% 9.22%

* Annualized

Total Return Ranking - Calendar

Period MXBTX Return Category Return Low Category Return High Rank in Category (%)
2019 4.9% -1.8% 29.3% 96.23%
2018 -18.6% -25.4% 1.3% 91.23%
2017 6.3% -36.9% 26.6% 92.82%
2016 N/A -3.2% 12.3% N/A
2015 N/A -25.3% 3.9% N/A

NAV & Total Return History


Holdings

MXBTX - Holdings

Concentration Analysis

MXBTX Category Low Category High MXBTX % Rank
Net Assets 387 M 33.2 K 34.1 B 40.42%
Number of Holdings 27 1 509 31.15%
Net Assets in Top 10 313 M 0 25.3 B 41.57%
Weighting of Top 10 76.33% 0.0% 100.0% 62.97%

Top 10 Holdings

  1. Great-West S&P 500® Index Institutional 14.25%
  2. Great-West International Index Instl 12.78%
  3. Great-West T. Rowe Price Eq Inc Institutional Class 8.03%
  4. Great-West International Value Instl 7.03%
  5. Great-West Large Cap Growth Instl 6.19%
  6. Great-West S&P Mid Cap 400® Index Instl 6.09%
  7. Great-West International Growth Instl 5.76%
  8. Great-West S&P SmallCap 600® Index Instl 5.54%
  9. Northern Emerging Markets Equity Index 5.35%
  10. Great-West Emerging Markets Equity Inst 5.32%

Asset Allocation

Weighting Return Low Return High MXBTX % Rank
Stocks
91.65% 0.00% 94.33% 4.67%
Bonds
6.24% -156.19% 70.59% 88.95%
Cash
1.48% -8.67% 187.11% 77.79%
Other
0.32% -2.86% 52.80% 28.87%
Preferred Stocks
0.16% 0.00% 36.16% 17.65%
Convertible Bonds
0.15% 0.00% 5.71% 58.31%

Stock Sector Breakdown

Weighting Return Low Return High MXBTX % Rank
Financial Services
16.78% 3.80% 22.68% 51.40%
Technology
14.18% 3.36% 19.67% 72.28%
Industrials
12.43% 1.74% 13.78% 18.60%
Healthcare
10.68% 1.80% 18.73% 93.10%
Consumer Cyclical
10.19% 2.04% 12.71% 46.38%
Real Estate
9.30% 0.46% 20.92% 19.00%
Consumer Defense
8.15% 1.11% 17.74% 27.32%
Communication Services
6.38% 0.38% 16.33% 91.84%
Basic Materials
4.44% 0.50% 6.48% 21.73%
Energy
4.32% 0.98% 5.80% 64.00%
Utilities
3.14% 0.00% 5.09% 50.88%

Stock Geographic Breakdown

Weighting Return Low Return High MXBTX % Rank
US
54.74% 0.00% 65.75% 15.66%
Non US
36.91% 0.00% 44.80% 8.54%

Bond Sector Breakdown

Weighting Return Low Return High MXBTX % Rank
Corporate
33.37% 0.00% 99.65% 18.22%
Government
29.03% -2.84% 70.26% 69.53%
Securitized
18.80% 0.00% 34.94% 46.81%
Cash & Equivalents
18.42% 0.04% 187.10% 44.59%
Municipal
0.37% 0.00% 3.54% 39.92%
Derivative
0.00% -170.75% 38.94% 86.45%

Bond Geographic Breakdown

Weighting Return Low Return High MXBTX % Rank
US
5.16% -189.52% 69.32% 92.26%
Non US
1.08% -33.97% 33.33% 81.78%

Expenses

MXBTX - Expenses

Operational Fees

MXBTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.72% 0.01% 108.96% 40.05%
Management Fee 0.12% 0.00% 1.05% 43.59%
12b-1 Fee 0.25% 0.00% 1.00% 55.07%
Administrative Fee N/A 0.01% 0.40% 97.10%

Sales Fees

MXBTX 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

MXBTX 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.

MXBTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 36.00% 0.00% 171.00% 64.09%

Distributions

MXBTX - Distributions

Dividend Yield Analysis

MXBTX Category Low Category High MXBTX % Rank
Dividend Yield 0.00% 0.00% 5.00% 76.59%

Dividend Distribution Analysis

MXBTX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Quarterly Annually

Net Income Ratio Analysis

MXBTX Category Low Category High MXBTX % Rank
Net Income Ratio 1.92% -0.74% 13.14% 50.45%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

MXBTX - Fund Manager Analysis

Managers

Jonathan Kreider


Start Date

Tenure

Tenure Rank

May 01, 2014

5.76

5.8%

Jonathan Kreider, CFA, Portfolio Manager, has joined Great-West Capital Management, LLC since 2012. Mr. Kreider was previously a Management Consulting Associate at JDL Consultants, LLC from 2010-2012, and a Senior Research Analyst at Lipper, Inc. from 2005-2010. Mr. Kreider received a B.S. in finance and an M.B.A. from the University of Colorado.

Andrew Corwin


Start Date

Tenure

Tenure Rank

May 01, 2014

5.76

5.8%

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.

Jack Brown


Start Date

Tenure

Tenure Rank

Apr 29, 2016

3.76

3.8%

Jack Brown, CFA, is a Portfolio Manager with GWCM. Mr. Brown joined GWL&A in 2015 with 20 years of industry experience. Prior to joining GWL&A, Mr. Brown was employed at Oppenheimer Funds in the High Yield Bond Market. Mr. Brown received a B.S. in finance from the Metropolitan State College of Denver and an M.B.A. from the University of Colorado.

Maria Mendelsberg


Start Date

Tenure

Tenure Rank

Apr 30, 2018

1.76

1.8%

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 15.26 4.79 1.42