MXLDX: Great-West SecureFoundation® Bal L

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MXLDX Great-West SecureFoundation® Bal L

  • Fund
  • MXLDX
  • Price as of: Oct 18, 2019
  • $11.35 - $0.02 - 0.18%

MXLDX - Profile

Vitals

  • YTD Return 6.3%
  • 3 Yr Annualized Return 0.3%
  • 5 Yr Annualized Return 0.1%
  • Net Assets $921 M
  • Holdings in Top 10 78.1%

52 WEEK LOW AND HIGH

$11.35
$10.68
$11.86

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.70%

SALES FEES

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

BROKERAGE FEES

  • Turnover 18.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--50% to 70% Equity

Distributions

  • YTD Total Return 6.3%
  • 3 Yr Annualized Total Return 1.1%
  • 5 Yr Annualized Total Return 0.6%
  • Capital Gain Distribution Frequency Semi-Monthly
  • Net Income Ratio 2.24%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Great-West SecureFoundation® Balanced Fund
  • Fund Family Name Great-West Funds
  • Inception Date Jan 31, 2011
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Jonathan Kreider

Fund Description

The fund normally invests 50%-70% of its net assets (plus the amount of any borrowings for investment purposes) in underlying funds that invest primarily in equity securities and 30-50% of its net assets (plus the amount of any borrowings for investment purposes) in underlying funds that invest primarily in fixed income securities. It currently invests primarily in underlying funds designed to track the performance of a specified securities index. While the fund is non-diversified, it invests in diversified underlying holdings.

MXLDX - Mutual Fund Categories

MXLDX - Performance

Return Ranking - Trailing

Period MXLDX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.3% -29.5% 16.2% 81.21%
1 Yr -2.9% -58.6% 18.4% 85.23%
3 Yr 0.3%* -24.2% 10.4% 64.29%
5 Yr 0.1%* -16.7% 7.9% 53.85%
10 Yr N/A* -6.4% 9.9% N/A

* Annualized


Return Ranking - Calendar

Period MXLDX Return Category Return Low Category Return High Rank in Category (%)
2018 -12.5% -64.7% 0.0% 47.55%
2017 6.2% 0.0% 13.9% 29.08%
2016 5.2% -0.9% 8.6% 16.30%
2015 -5.0% -12.9% 0.0% 28.69%
2014 1.7% -7.1% 2.6% 17.59%

Total Return Ranking - Trailing

Period MXLDX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.3% -29.5% 16.2% 81.21%
1 Yr -2.9% -58.6% 18.4% 88.59%
3 Yr 1.1%* -24.2% 10.4% 73.57%
5 Yr 0.6%* -16.7% 7.9% 82.91%
10 Yr N/A* -6.4% 9.9% N/A

* Annualized


Total Return Ranking - Calendar

Period MXLDX Return Category Return Low Category Return High Rank in Category (%)
2018 -10.4% -64.7% 0.0% 69.23%
2017 6.2% 0.0% 20.2% 69.50%
2016 5.2% 0.0% 11.9% 50.37%
2015 -5.0% -12.9% 0.0% 76.23%
2014 1.7% -5.8% 6.2% 62.96%

NAV & Total Return History

MXLDX - Holdings

Concentration Analysis

MXLDX Category Low Category High MXLDX % Rank
Net Assets 921 M 3.15 M 2.48 B 41.33%
Number of Holdings 7 7 972 99.33%
Net Assets in Top 10 719 M 3.3 M 2.31 B 36.67%
Weighting of Top 10 78.11% 24.2% 1184.2% 78.67%

Top 10 Holdings

  1. Great-West Bond Index Institutional 35.12%

  2. Great-West S&P 500® Index Institutional 20.50%

  3. Great-West International Index Instl 13.38%

  4. Great-West Life & Annuity Contract 5.01%

  5. Northern Emerging Markets Equity Index 4.10%


Asset Allocation

Weighting Return Low Return High MXLDX % Rank
Stocks
37.51% 13.23% 87.64% 66.67%
Bonds
35.02% -6.79% 75.13% 42.00%
Cash
22.12% -22.98% 66.50% 34.67%
Other
5.01% -5.59% 51.99% 25.33%
Preferred Stocks
0.25% 0.00% 11.06% 24.00%
Convertible Bonds
0.10% 0.00% 11.72% 73.33%

Stock Sector Breakdown

Weighting Return Low Return High MXLDX % Rank
Technology
6.68% -0.26% 18.62% 60.00%
Financial Services
6.64% 0.00% 16.25% 54.67%
Consumer Cyclical
4.42% -0.09% 10.34% 63.33%
Healthcare
4.35% 0.00% 11.64% 52.67%
Industrials
3.89% 0.00% 11.24% 58.00%
Consumer Defense
3.39% -0.36% 6.61% 54.00%
Energy
2.08% 0.00% 9.29% 78.00%
Basic Materials
1.83% 0.00% 5.93% 61.33%
Communication Services
1.34% 0.00% 3.32% 55.33%
Utilities
1.25% 0.00% 4.43% 72.00%
Real Estate
1.19% 0.00% 19.62% 84.67%

Stock Geographic Breakdown

Weighting Return Low Return High MXLDX % Rank
US
20.54% 0.13% 61.41% 69.33%
Non US
16.97% 0.00% 70.86% 45.33%

Bond Sector Breakdown

Weighting Return Low Return High MXLDX % Rank
Cash & Equivalents
22.12% -22.98% 66.50% 34.67%
Government
15.49% -6.71% 34.77% 28.00%
Securitized
10.58% -34.90% 32.48% 32.00%
Corporate
9.01% 0.00% 54.60% 71.33%
Municipal
0.29% 0.00% 38.35% 9.33%
Derivative
0.00% -23.88% 0.76% 54.00%

Bond Geographic Breakdown

Weighting Return Low Return High MXLDX % Rank
US
32.66% -80.24% 64.33% 29.33%
Non US
2.36% -3.72% 155.37% 80.67%

MXLDX - Expenses

Operational Fees

MXLDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.70% 0.10% 9.23% 61.90%
Management Fee 0.10% 0.00% 1.50% 18.67%
12b-1 Fee 0.25% 0.00% 1.00% 36.04%
Administrative Fee 0.35% 0.00% 0.42% 97.94%

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 0.25% 2.00% N/A

Turnover 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 18.00% 8.00% 373.00% 26.71%

MXLDX - Distributions

Dividend Yield Analysis

MXLDX Category Low Category High MXLDX % Rank
Dividend Yield 0.00% 0.00% 2.26% 93.33%

Dividend Distribution Analysis

MXLDX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Quarterly Quarterly Quarterly

Dividend Payout History


Net Income Ratio Analysis

MXLDX Category Low Category High MXLDX % Rank
Net Income Ratio 2.24% -1.48% 3.99% 25.17%

Capital Gain Distribution Analysis

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

MXLDX - Managers

Jonathan Kreider

Manager

Start Date

Tenure

Tenure Rank

May 01, 2014

5.42

5.4%

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

Manager

Start Date

Tenure

Tenure Rank

May 01, 2014

5.42

5.4%

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

Manager

Start Date

Tenure

Tenure Rank

Apr 29, 2016

3.42

3.4%

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 L. Mendelsberg

Manager

Start Date

Tenure

Tenure Rank

Apr 30, 2018

1.42

1.4%

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

0.08

Category High

19.0

Category Average

3.72

Category Mode

2.25