Empower SecureFoundation Balanced Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.4%
1 yr return
5.3%
3 Yr Avg Return
-2.1%
5 Yr Avg Return
N/A
Net Assets
$860 M
Holdings in Top 10
100.0%
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 20.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MXLDX - Profile
Distributions
- YTD Total Return -0.4%
- 3 Yr Annualized Total Return -2.1%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Semi-Monthly
- Net Income Ratio 1.73%
- Dividend Yield 2.8%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameEmpower SecureFoundation Balanced Fund
-
Fund Family NameGreat-West Funds
-
Inception DateJan 31, 2011
-
Shares OutstandingN/A
-
Share ClassL
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Corwin
Fund Description
MXLDX - Performance
Return Ranking - Trailing
Period | MXLDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.4% | -1.9% | 20.7% | 90.63% |
1 Yr | 5.3% | -10.3% | 37.1% | 91.47% |
3 Yr | -2.1%* | -7.4% | 8.0% | 97.67% |
5 Yr | N/A* | -4.7% | 13.5% | 83.99% |
10 Yr | N/A* | 0.4% | 10.6% | 62.08% |
* Annualized
Return Ranking - Calendar
Period | MXLDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.1% | -12.2% | 23.9% | 71.45% |
2022 | -20.7% | -34.7% | 0.0% | 73.75% |
2021 | 0.2% | -11.9% | 18.1% | 80.97% |
2020 | 6.4% | -20.9% | 39.7% | 63.37% |
2019 | N/A | 0.8% | 25.7% | 63.59% |
Total Return Ranking - Trailing
Period | MXLDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.4% | -1.9% | 20.7% | 90.63% |
1 Yr | 5.3% | -10.3% | 37.1% | 91.47% |
3 Yr | -2.1%* | -7.4% | 8.0% | 97.67% |
5 Yr | N/A* | -4.7% | 13.5% | 84.45% |
10 Yr | N/A* | 0.4% | 10.6% | 88.73% |
* Annualized
Total Return Ranking - Calendar
Period | MXLDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.9% | -12.2% | 26.8% | 80.87% |
2022 | -14.7% | -29.0% | 10.9% | 46.36% |
2021 | 5.8% | -3.0% | 24.2% | 95.58% |
2020 | 13.5% | -19.5% | 40.6% | 41.11% |
2019 | N/A | 4.4% | 32.7% | 71.56% |
NAV & Total Return History
MXLDX - Holdings
Concentration Analysis
MXLDX | Category Low | Category High | MXLDX % Rank | |
---|---|---|---|---|
Net Assets | 860 M | 789 K | 217 B | 54.34% |
Number of Holdings | 7 | 2 | 15716 | 97.36% |
Net Assets in Top 10 | 883 M | 618 K | 62.8 B | 40.36% |
Weighting of Top 10 | 100.03% | 11.4% | 121.1% | 3.47% |
Top 10 Holdings
- BOND INDEX FUND-INST 34.76%
- SP 500 INDEX FUND-INST 20.85%
- INTERNATIONAL INDEX FUND-INST 14.02%
- SP MID CAP 400 IND FUND-INST 11.66%
- SP 600 INDEX FUND-INST 9.13%
- GUARANTEED FUNDING ACCOUNT 4.96%
- FIDELITY EMRG MKT 4.65%
Asset Allocation
Weighting | Return Low | Return High | MXLDX % Rank | |
---|---|---|---|---|
Stocks | 95.07% | 0.00% | 103.09% | 40.22% |
Bonds | 4.96% | 0.00% | 77.27% | 52.57% |
Convertible Bonds | 0.39% | 0.00% | 23.84% | 69.27% |
Preferred Stocks | 0.00% | 0.00% | 23.88% | 84.05% |
Other | 0.00% | -42.80% | 117.44% | 82.66% |
Cash | 0.00% | -10.21% | 100.00% | 98.20% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MXLDX % Rank | |
---|---|---|---|---|
Technology | 17.57% | 0.00% | 44.21% | 63.45% |
Financial Services | 15.90% | 0.00% | 38.77% | 29.97% |
Industrials | 12.80% | 0.00% | 24.37% | 13.45% |
Consumer Cyclical | 12.77% | 0.00% | 19.36% | 9.10% |
Healthcare | 12.04% | 0.00% | 29.35% | 79.55% |
Communication Services | 6.79% | 0.00% | 38.10% | 58.96% |
Consumer Defense | 6.42% | 0.00% | 15.14% | 57.00% |
Real Estate | 5.10% | 0.00% | 65.01% | 26.75% |
Basic Materials | 4.68% | 0.00% | 33.35% | 32.21% |
Energy | 3.39% | 0.00% | 85.65% | 78.85% |
Utilities | 2.55% | 0.00% | 99.55% | 63.87% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MXLDX % Rank | |
---|---|---|---|---|
US | 95.07% | 0.00% | 103.09% | 39.11% |
Non US | 0.00% | 0.00% | 38.68% | 84.33% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MXLDX % Rank | |
---|---|---|---|---|
Government | 42.72% | 0.00% | 97.26% | 14.80% |
Securitized | 28.92% | 0.00% | 92.13% | 19.55% |
Corporate | 25.70% | 0.00% | 98.21% | 66.20% |
Municipal | 0.33% | 0.00% | 24.80% | 38.41% |
Derivative | 0.00% | -3.07% | 46.02% | 79.33% |
Cash & Equivalents | 0.00% | 0.00% | 100.00% | 93.76% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MXLDX % Rank | |
---|---|---|---|---|
US | 4.96% | 0.00% | 77.27% | 52.57% |
Non US | 0.00% | 0.00% | 14.17% | 81.00% |
MXLDX - Expenses
Operational Fees
MXLDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.87% | 0.03% | 17.63% | 62.02% |
Management Fee | 0.10% | 0.00% | 1.83% | 28.55% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 46.74% |
Administrative Fee | N/A | 0.01% | 0.83% | 98.97% |
Sales Fees
MXLDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
MXLDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 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.
MXLDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 20.00% | 0.00% | 343.00% | 24.18% |
MXLDX - Distributions
Dividend Yield Analysis
MXLDX | Category Low | Category High | MXLDX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.77% | 0.00% | 18.10% | 47.72% |
Dividend Distribution Analysis
MXLDX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
MXLDX | Category Low | Category High | MXLDX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.73% | -2.34% | 19.41% | 21.89% |
Capital Gain Distribution Analysis
MXLDX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Monthly | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.147 | OrdinaryDividend |
Jun 29, 2023 | $0.091 | OrdinaryDividend |
Sep 09, 2022 | $0.004 | OrdinaryDividend |
Jun 28, 2022 | $0.057 | OrdinaryDividend |
Jun 28, 2021 | $0.045 | OrdinaryDividend |
Jun 29, 2020 | $0.068 | OrdinaryDividend |
Dec 31, 2019 | $0.149 | OrdinaryDividend |
Sep 11, 2019 | $0.644 | OrdinaryDividend |
Jun 27, 2019 | $0.079 | OrdinaryDividend |
Jun 28, 2018 | $0.078 | OrdinaryDividend |
MXLDX - Fund Manager Analysis
Managers
Andrew Corwin
Start Date
Tenure
Tenure Rank
May 01, 2014
8.09
8.1%
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 | 34.51 | 6.34 | 2.41 |