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Name

As of 11/22/2024

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

Empower Core Strategies: Flexible Bond Fund

MXEWX | Fund

$8.72

$1.25 B

0.01%

$0.00

0.80%

Vitals

YTD Return

3.2%

1 yr return

8.4%

3 Yr Avg Return

-2.0%

5 Yr Avg Return

N/A

Net Assets

$1.25 B

Holdings in Top 10

18.0%

52 WEEK LOW AND HIGH

$8.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.80%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 11/22/2024

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

Empower Core Strategies: Flexible Bond Fund

MXEWX | Fund

$8.72

$1.25 B

0.01%

$0.00

0.80%

MXEWX - Profile

Distributions

  • YTD Total Return 3.2%
  • 3 Yr Annualized Total Return -2.0%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    Empower Core Strategies: Flexible Bond Fund
  • Fund Family Name
    N/A
  • Inception Date
    Sep 03, 2020
  • Shares Outstanding
    N/A
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

Below is a summary of the principal investment strategies of the Fund.The Fund will, under normal circumstances, invest at least 80% of its net assets (plus the amount of borrowings for investment purposes) in a diversified portfolio of fixed income securities of any maturity and duration. The fixed income securities in which the Fund may invest include corporate bonds, U.S. government securities, mortgage- and asset-backed securities, and bank loans.The Fund primarily invests in investment grade securities but may also invest up to 35% of its total assets in below investment grade securities (commonly known as “high yield securities” or “junk bonds”).The Fund may invest up to 30% of its total assets in foreign fixed income securities, including emerging markets securities, and the Fund may invest without limitation in obligations of supranational entities (e.g., the World Bank). The Fund may enter into forward roll obligations on U.S. government securities, including mortgage dollar rolls and to-be-announced (“TBA”) securities. The Fund may also invest in derivatives, including but not limited to futures contracts on U.S. Treasury securities.Empower Capital Management, LLC (“ECM”) is the Fund’s investment adviser and, subject to the approval of the Board of Directors of Empower Funds (the “Board”), selects the Fund’s sub-advisers and monitors their performance on an ongoing basis. The Fund’s investment portfolio is managed by two sub-advisers: Loomis, Sayles & Company, L.P. (“Loomis Sayles”) and Western Asset Management Company, LLC (“Western Asset”) (each a “Sub-Adviser,” and collectively, the “Sub-Advisers”).•Loomis Sayles invests in fixed income securities that it believes are attractively valued, based on the credit outlook of an issuer and maximum total return potential.•Western Asset emphasizes long-term fundamental value investing that integrates top-down macroeconomic decisions with bottom-up issuer selection.ECM maintains a strategic allocation of the Fund’s assets with each Sub-Adviser and reviews the asset allocations on a quarterly basis, or more frequently as deemed necessary. As of the date of this Prospectus, the target asset allocation is a 50% allocation of the Fund’s assets to Loomis Sayles and a 50% allocation of the Fund’s assets to Western Asset. Actual allocations may vary from the target allocations and ECM may change the asset allocations at any time without shareholder notice or approval.
Read More

MXEWX - Performance

Return Ranking - Trailing

Period MXEWX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.2% N/A N/A N/A
1 Yr 8.4% N/A N/A N/A
3 Yr -2.0%* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period MXEWX Return Category Return Low Category Return High Rank in Category (%)
2023 2.4% N/A N/A N/A
2022 -14.1% N/A N/A N/A
2021 -2.1% N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period MXEWX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.2% N/A N/A N/A
1 Yr 8.4% N/A N/A N/A
3 Yr -2.0%* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period MXEWX Return Category Return Low Category Return High Rank in Category (%)
2023 6.0% N/A N/A N/A
2022 -14.1% N/A N/A N/A
2021 -2.1% N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

NAV & Total Return History

MXEWX - Holdings

Concentration Analysis

MXEWX Category Low Category High MXEWX % Rank
Net Assets 1.25 B N/A N/A N/A
Number of Holdings 978 N/A N/A N/A
Net Assets in Top 10 240 M N/A N/A N/A
Weighting of Top 10 18.02% N/A N/A N/A

Top 10 Holdings

  1. T 3.875 08/15/33 5.09%
  2. T 4.75 11/15/43 3.23%
  3. T 4.625 02/28/26 1.78%
  4. T 4.625 04/30/29 1.57%
  5. RFCSP 0 04/15/30 1.43%
  6. T 4 02/15/34 1.33%
  7. T 3.875 11/30/29 1.13%
  8. G2 MA8201 0.85%
  9. FFCB 4.75 05/02/31 0.83%
  10. T 4.875 04/30/26 0.77%

Asset Allocation

Weighting Return Low Return High MXEWX % Rank
Bonds 		83.17% N/A N/A N/A
Other 		15.36% N/A N/A N/A
Cash 		0.87% N/A N/A N/A
Stocks 		0.54% N/A N/A N/A
Preferred Stocks 		0.06% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High MXEWX % Rank
Utilities 		0.00% N/A N/A N/A
Technology 		0.00% N/A N/A N/A
Real Estate 		0.00% N/A N/A N/A
Industrials 		0.00% N/A N/A N/A
Healthcare 		0.00% N/A N/A N/A
Financial Services 		0.00% N/A N/A N/A
Energy 		0.00% N/A N/A N/A
Communication Services 		0.00% N/A N/A N/A
Consumer Defense 		0.00% N/A N/A N/A
Consumer Cyclical 		0.00% N/A N/A N/A
Basic Materials 		0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High MXEWX % Rank
US 		0.54% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

Bond Sector Breakdown

Weighting Return Low Return High MXEWX % Rank
Cash & Equivalents 		0.38% N/A N/A N/A
Derivative 		0.08% N/A N/A N/A
Securitized 		0.00% N/A N/A N/A
Corporate 		0.00% N/A N/A N/A
Municipal 		0.00% N/A N/A N/A
Government 		0.00% N/A N/A N/A

Bond Geographic Breakdown

Weighting Return Low Return High MXEWX % Rank
US 		80.81% N/A N/A N/A
Non US 		2.36% N/A N/A N/A

MXEWX - Expenses

Operational Fees

MXEWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.80% N/A N/A N/A
Management Fee 0.38% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

MXEWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

MXEWX 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.

MXEWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

MXEWX - Distributions

Dividend Yield Analysis

MXEWX Category Low Category High MXEWX % Rank
Dividend Yield 0.01% N/A N/A N/A

Dividend Distribution Analysis

MXEWX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual

Net Income Ratio Analysis

MXEWX Category Low Category High MXEWX % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

MXEWX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

MXEWX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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