Empower U.S. Government Securities Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-3.2%
1 yr return
-2.5%
3 Yr Avg Return
-3.6%
5 Yr Avg Return
-0.5%
Net Assets
$660 M
Holdings in Top 10
20.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.27%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 85.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MXDQX - Profile
Distributions
- YTD Total Return -3.2%
- 3 Yr Annualized Total Return -3.6%
- 5 Yr Annualized Total Return -0.5%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.00%
- Dividend Yield 5.2%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameEmpower U.S. Government Securities Fund
-
Fund Family NameGreat-West Funds
-
Inception DateMay 01, 2015
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJack Brown
Fund Description
MXDQX - Performance
Return Ranking - Trailing
Period | MXDQX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.2% | -5.0% | 6.8% | 57.52% |
1 Yr | -2.5% | -5.6% | 26.5% | 47.79% |
3 Yr | -3.6%* | -8.7% | 9.4% | 31.56% |
5 Yr | -0.5%* | -6.0% | 3.4% | 25.35% |
10 Yr | N/A* | -2.3% | 3.3% | 23.19% |
* Annualized
Return Ranking - Calendar
Period | MXDQX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.2% | -1.0% | 22.1% | 75.66% |
2022 | -14.2% | -20.4% | -5.8% | 76.89% |
2021 | -4.7% | -7.1% | 16.6% | 91.82% |
2020 | 3.9% | -1.3% | 8.8% | 46.73% |
2019 | 3.4% | 0.3% | 7.1% | 50.24% |
Total Return Ranking - Trailing
Period | MXDQX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.2% | -5.0% | 6.8% | 57.52% |
1 Yr | -2.5% | -5.6% | 26.5% | 47.79% |
3 Yr | -3.6%* | -8.7% | 9.4% | 31.56% |
5 Yr | -0.5%* | -6.0% | 3.4% | 25.35% |
10 Yr | N/A* | -2.3% | 3.3% | 22.73% |
* Annualized
Total Return Ranking - Calendar
Period | MXDQX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.8% | -0.5% | 28.8% | 25.66% |
2022 | -11.7% | -18.5% | -3.3% | 46.22% |
2021 | -1.8% | -4.5% | 25.3% | 57.73% |
2020 | 6.4% | -1.3% | 13.0% | 44.39% |
2019 | 6.4% | 1.8% | 11.3% | 24.64% |
NAV & Total Return History
MXDQX - Holdings
Concentration Analysis
MXDQX | Category Low | Category High | MXDQX % Rank | |
---|---|---|---|---|
Net Assets | 660 M | 9.43 M | 134 B | 52.65% |
Number of Holdings | 319 | 18 | 12663 | 64.16% |
Net Assets in Top 10 | 135 M | 5.49 M | 43.7 B | 66.81% |
Weighting of Top 10 | 20.57% | 4.6% | 115.2% | 84.96% |
Top 10 Holdings
- T 4 02/15/26 3.97%
- T 2.875 05/15/52 2.68%
- T 3.875 01/15/26 2.02%
- T 4.625 10/15/26 1.85%
- T 3.5 01/31/28 1.83%
- T 3.25 05/15/42 1.80%
- T 3 08/15/48 1.75%
- T 4.625 02/28/25 1.67%
- T 4.125 11/15/32 1.67%
- FHLBDN 0 01/02/08 1.34%
Asset Allocation
Weighting | Return Low | Return High | MXDQX % Rank | |
---|---|---|---|---|
Bonds | 81.47% | 0.08% | 167.02% | 99.12% |
Other | 18.17% | -26.81% | 18.17% | 0.44% |
Cash | 0.37% | -29.69% | 25.88% | 81.42% |
Stocks | 0.00% | 0.00% | 96.75% | 5.31% |
Preferred Stocks | 0.00% | 0.00% | 0.10% | 1.33% |
Convertible Bonds | 0.00% | 0.00% | 3.29% | 3.10% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MXDQX % Rank | |
---|---|---|---|---|
Securitized | 44.50% | 0.00% | 99.79% | 65.93% |
Government | 33.00% | 0.00% | 100.00% | 52.21% |
Derivative | 0.28% | -20.68% | 1.69% | 14.16% |
Cash & Equivalents | 0.00% | -29.63% | 33.75% | 88.94% |
Corporate | 0.00% | 0.00% | 9.48% | 31.86% |
Municipal | 0.00% | 0.00% | 5.24% | 21.68% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MXDQX % Rank | |
---|---|---|---|---|
US | 81.47% | 0.08% | 167.02% | 99.12% |
Non US | 0.00% | 0.00% | 12.01% | 3.98% |
MXDQX - Expenses
Operational Fees
MXDQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.27% | 0.03% | 3.55% | 86.67% |
Management Fee | 0.23% | 0.00% | 0.85% | 23.45% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 0.94% |
Administrative Fee | N/A | 0.01% | 0.45% | 0.78% |
Sales Fees
MXDQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 4.50% | N/A |
Deferred Load | N/A | 1.00% | 4.50% | N/A |
Trading Fees
MXDQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 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.
MXDQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 85.00% | 3.35% | 948.00% | 34.51% |
MXDQX - Distributions
Dividend Yield Analysis
MXDQX | Category Low | Category High | MXDQX % Rank | |
---|---|---|---|---|
Dividend Yield | 5.17% | 0.00% | 5.38% | 37.17% |
Dividend Distribution Analysis
MXDQX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
MXDQX | Category Low | Category High | MXDQX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.00% | -0.80% | 2.96% | 28.89% |
Capital Gain Distribution Analysis
MXDQX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2023 | $0.103 | OrdinaryDividend |
Sep 27, 2023 | $0.096 | OrdinaryDividend |
Jun 26, 2023 | $0.089 | OrdinaryDividend |
Mar 28, 2023 | $0.073 | OrdinaryDividend |
Dec 29, 2022 | $0.109 | OrdinaryDividend |
Sep 28, 2022 | $0.073 | OrdinaryDividend |
Jun 24, 2022 | $0.038 | OrdinaryDividend |
Mar 28, 2022 | $0.021 | OrdinaryDividend |
Sep 27, 2021 | $0.011 | OrdinaryDividend |
Jun 24, 2021 | $0.027 | OrdinaryDividend |
Mar 25, 2021 | $0.030 | OrdinaryDividend |
Sep 28, 2020 | $0.044 | OrdinaryDividend |
Jun 25, 2020 | $0.057 | OrdinaryDividend |
Mar 26, 2020 | $0.059 | OrdinaryDividend |
Dec 30, 2019 | $0.067 | OrdinaryDividend |
Sep 26, 2019 | $0.067 | OrdinaryDividend |
Jun 25, 2019 | $0.071 | OrdinaryDividend |
Mar 26, 2019 | $0.066 | OrdinaryDividend |
Dec 28, 2018 | $0.096 | OrdinaryDividend |
Sep 24, 2018 | $0.062 | OrdinaryDividend |
Sep 10, 2018 | $0.002 | OrdinaryDividend |
Jun 25, 2018 | $0.069 | OrdinaryDividend |
Mar 26, 2018 | $0.063 | OrdinaryDividend |
Dec 28, 2017 | $0.098 | OrdinaryDividend |
MXDQX - Fund Manager Analysis
Managers
Jack Brown
Start Date
Tenure
Tenure Rank
Apr 29, 2016
6.09
6.1%
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.
Darrin Clough
Start Date
Tenure
Tenure Rank
May 07, 2020
2.07
2.1%
Darrin Clough,CFA, has been a Vice President of OppenheimerFunds, Inc since January 2013 and Portfolio Manager of OppenheimerFunds since January 2019. He was a Senior Research Analyst on the Investment Grade Debt Team of the firm from January 2011 until January 2019. Previously, Mr. Clough serves as a research analyst and focuses on research of securitized products. Darrin joined the Money Market group in January 2007 and was primarily responsible for providing research and analysis on short-term corporate and insurance company debt instruments. Darrin has been with the firm since 1998. He has a Bachelor of Science from the University of Northern Colorado and an M.B.A. from the University of Colorado, Denver. He has earned the right to use the Chartered Financial Analyst designation. Darrin covers securitized products.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.11 | 31.64 | 8.38 | 7.35 |