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Name

As of 10/02/2020

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

Great-West Multi-Sector Bond Fund

MXGGX | Fund

$10.36

$610 M

-

$0.02

6.19%

Vitals

YTD Return

1.7%

1 yr return

5.8%

3 Yr Avg Return

4.1%

5 Yr Avg Return

5.3%

Net Assets

$610 M

Holdings in Top 10

7.6%

52 WEEK LOW AND HIGH

$10.4
$8.88
$10.51

Expenses

OPERATING FEES

Expense Ratio 6.19%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 81.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 10/02/2020

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

Great-West Multi-Sector Bond Fund

MXGGX | Fund

$10.36

$610 M

-

$0.02

6.19%

MXGGX - Profile

Distributions

  • YTD Total Return 1.7%
  • 3 Yr Annualized Total Return 4.1%
  • 5 Yr Annualized Total Return 5.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.70%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Great-West Multi-Sector Bond Fund
  • Fund Family Name
    Great-West Funds
  • Inception Date
    Sep 10, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States

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 any borrowings for investment purposes) in fixed income securities. The fixed income securities in which the Fund invests may include corporate bonds, asset-backed securities, bank loans and U.S. government securities. Up to 65% of the Fund’s total assets may be invested in securities of below investment grade securities (commonly known as “high yield securities” or “junk bonds”). Up to 50% of its total assets may be invested in foreign securities, including securities in emerging markets; however, securities of Canadian issuers and securities issued by supranational agencies (e.g., the World Bank) are not subject to this 50% limitation.The Fund may invest in securities of any maturity and of any duration. “Duration” is a measure of a debt security’s price sensitivity to changes in interest rates. The longer the duration of the Fund (or an individual debt security), the more sensitive its market price will be to changes in interest rates. For example, if market interest rates increase by 1%, the market price of a debt security with a three-year effective duration will generally decrease by approximately 3%. Conversely, a 1% decline in market interest rates will generally result in an increase of approximately 3% of that security’s market price.Additionally, the Fund may invest up to 20% of its total assets in preferred stock and convertible preferred stock. The Fund may also invest in derivatives, including but not limited to credit default swaps.Great-West Capital Management, LLC (“GWCM”) is the Fund’s investment adviser and, subject to the approval of the Board of Directors of Great-West 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 Newfleet Asset Management, LLC (“Newfleet”) (each, a “Sub-Adviser”, and collectively, the “Sub-Advisers”).Loomis Sayles invests in fixed income securities that are attractively valued, based on the credit outlook of an issuer and maximum total return potential.Newfleet invests in a diversified portfolio of bonds using a sector rotation approach they believe offers the best potential for total return based on risk-reward tradeoff.GWCM maintains a strategic asset 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 Newfleet. Notwithstanding these target allocations, GWCM may change the asset allocations at any time and without shareholder notice or approval.
Read More

MXGGX - Performance

Return Ranking - Trailing

Period MXGGX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -21.9% 20.3% 17.91%
1 Yr 5.8% -28.9% 61.0% 89.03%
3 Yr 4.1%* -12.2% 11.2% 54.53%
5 Yr 5.3%* -14.0% 14.6% 26.19%
10 Yr 5.3%* -2.0% 12.6% 11.39%

* Annualized

Return Ranking - Calendar

Period MXGGX Return Category Return Low Category Return High Rank in Category (%)
2023 8.4% -49.2% 314.3% 2.58%
2022 N/A -35.1% 15.3% N/A
2021 N/A -48.0% 3.4% N/A
2020 N/A -14.8% 11.2% N/A
2019 N/A -11.2% 10.7% N/A

Total Return Ranking - Trailing

Period MXGGX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -21.9% 21.9% 17.91%
1 Yr 5.8% -33.0% 61.0% 85.40%
3 Yr 4.1%* -13.9% 11.2% 49.18%
5 Yr 5.3%* -15.0% 14.6% 24.13%
10 Yr 5.3%* -2.0% 12.6% 11.11%

* Annualized

Total Return Ranking - Calendar

Period MXGGX Return Category Return Low Category Return High Rank in Category (%)
2023 8.4% -49.2% 314.3% 2.58%
2022 N/A -35.1% 15.3% N/A
2021 N/A -48.0% 8.0% N/A
2020 N/A -14.8% 15.2% N/A
2019 N/A -11.2% 17.7% N/A

NAV & Total Return History

MXGGX - Holdings

Concentration Analysis

MXGGX Category Low Category High MXGGX % Rank
Net Assets 610 M 1.04 M 137 B 51.51%
Number of Holdings 1008 2 7706 25.26%
Net Assets in Top 10 44.7 M -3.65 B 25.1 B 60.59%
Weighting of Top 10 7.61% 4.3% 100.0% 95.32%

Top 10 Holdings

  1. United States Treasury Bonds 2% 1.16%
  2. United States Treasury Bills 0.1% 0.96%
  3. Banco Santander, S.A. 5.18% 0.92%
  4. United States Treasury Bonds 2.38% 0.82%
  5. DISH Network Corporation 2.38% 0.73%
  6. Transcontinental Gas Pipe Line Company, LLC 7.85% 0.64%
  7. T-Mobile USA, Inc. 3.88% 0.61%
  8. ArcelorMittal S.A. 7% 0.59%
  9. AT&T Inc 4.5% 0.58%
  10. United States Treasury Bonds 2.25% 0.58%

Asset Allocation

Weighting Return Low Return High MXGGX % Rank
Bonds 		94.81% -148.49% 302.14% 21.78%
Convertible Bonds 		3.07% 0.00% 206.37% 34.31%
Cash 		1.46% -210.92% 260.09% 81.38%
Preferred Stocks 		0.41% 0.00% 33.23% 34.06%
Stocks 		0.23% -84.00% 210.59% 44.20%
Other 		0.00% -41.76% 106.30% 41.33%

Stock Sector Breakdown

Weighting Return Low Return High MXGGX % Rank
Communication Services 		92.78% 0.00% 100.00% 3.25%
Utilities 		7.22% 0.00% 100.00% 17.40%
Technology 		0.00% 0.00% 47.15% 35.56%
Real Estate 		0.00% 0.00% 100.00% 45.89%
Industrials 		0.00% 0.00% 100.00% 55.64%
Healthcare 		0.00% 0.00% 100.00% 43.98%
Financial Services 		0.00% 0.00% 100.00% 53.35%
Energy 		0.00% 0.00% 100.00% 73.04%
Consumer Defense 		0.00% 0.00% 99.98% 36.52%
Consumer Cyclical 		0.00% 0.00% 100.00% 49.52%
Basic Materials 		0.00% 0.00% 22.98% 45.89%

Stock Geographic Breakdown

Weighting Return Low Return High MXGGX % Rank
US 		0.23% -80.43% 210.59% 38.52%
Non US 		0.00% -3.57% 7.42% 31.25%

Bond Sector Breakdown

Weighting Return Low Return High MXGGX % Rank
Corporate 		72.13% 0.00% 100.00% 14.67%
Securitized 		17.26% 0.00% 99.09% 47.70%
Government 		8.53% 0.00% 99.63% 52.17%
Cash & Equivalents 		1.47% 0.00% 100.00% 92.09%
Municipal 		0.61% 0.00% 50.93% 18.11%
Derivative 		0.00% 0.00% 67.54% 57.53%

Bond Geographic Breakdown

Weighting Return Low Return High MXGGX % Rank
US 		76.91% -148.77% 209.58% 22.32%
Non US 		17.90% -5.98% 105.85% 54.34%

MXGGX - Expenses

Operational Fees

MXGGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 6.19% 0.01% 6.50% 0.26%
Management Fee 0.52% 0.00% 2.25% 25.47%
12b-1 Fee 0.25% 0.00% 1.00% 19.82%
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

MXGGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

MXGGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 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.

MXGGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 81.00% 0.00% 498.00% 46.65%

MXGGX - Distributions

Dividend Yield Analysis

MXGGX Category Low Category High MXGGX % Rank
Dividend Yield 0.00% 0.00% 5.25% 11.79%

Dividend Distribution Analysis

MXGGX Category Low Category High Category Mod
Dividend Distribution Frequency None Monthly Monthly Monthly

Net Income Ratio Analysis

MXGGX Category Low Category High MXGGX % Rank
Net Income Ratio 3.70% -1.28% 18.14% 34.03%

Capital Gain Distribution Analysis

MXGGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

MXGGX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 27.35 5.45 2.33

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