Empower Lifetime 2015 Fund
Name
As of 05/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.1%
1 yr return
5.5%
3 Yr Avg Return
-1.7%
5 Yr Avg Return
N/A
Net Assets
$492 M
Holdings in Top 10
73.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.82%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 25.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MXLYX - Profile
Distributions
- YTD Total Return 1.1%
- 3 Yr Annualized Total Return -1.7%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency None
- Net Income Ratio 2.27%
- Dividend Yield 3.1%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameEmpower Lifetime 2015 Fund
-
Fund Family NameGreat-West Funds
-
Inception DateAug 01, 2019
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Corwin
Fund Description
MXLYX - Performance
Return Ranking - Trailing
Period | MXLYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.1% | -0.3% | 4.7% | 44.86% |
1 Yr | 5.5% | 3.1% | 15.7% | 97.20% |
3 Yr | -1.7%* | -2.7% | 2.8% | 96.08% |
5 Yr | N/A* | 2.9% | 5.9% | 60.47% |
10 Yr | N/A* | 3.7% | 5.5% | 45.24% |
* Annualized
Return Ranking - Calendar
Period | MXLYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.6% | 2.1% | 17.4% | 85.85% |
2022 | -18.7% | -44.4% | -13.7% | 48.57% |
2021 | 0.4% | -4.2% | 4.8% | 48.96% |
2020 | 7.3% | -2.7% | 10.1% | 27.37% |
2019 | N/A | -1.5% | 13.9% | 69.14% |
Total Return Ranking - Trailing
Period | MXLYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.1% | -0.3% | 4.7% | 44.86% |
1 Yr | 5.5% | 3.1% | 15.7% | 97.20% |
3 Yr | -1.7%* | -2.7% | 2.8% | 96.08% |
5 Yr | N/A* | 2.9% | 5.9% | 56.98% |
10 Yr | N/A* | 3.7% | 5.5% | 88.10% |
* Annualized
Total Return Ranking - Calendar
Period | MXLYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.4% | 7.7% | 19.9% | 95.28% |
2022 | -12.7% | -21.5% | -10.2% | 29.52% |
2021 | 3.7% | 0.9% | 12.7% | 98.96% |
2020 | 11.0% | 7.8% | 14.7% | 68.42% |
2019 | N/A | 13.6% | 19.9% | 82.72% |
NAV & Total Return History
MXLYX - Holdings
Concentration Analysis
MXLYX | Category Low | Category High | MXLYX % Rank | |
---|---|---|---|---|
Net Assets | 492 M | 4.6 M | 5.49 B | 38.32% |
Number of Holdings | 27 | 6 | 568 | 44.86% |
Net Assets in Top 10 | 364 M | 3.12 M | 3.99 B | 38.32% |
Weighting of Top 10 | 73.47% | 55.5% | 100.0% | 56.60% |
Top 10 Holdings
- GUARANTEED FUNDING ACCOUNT 13.40%
- INFL-PROTECT SEC FUND INST CL 13.37%
- BOND INDEX FUND-INST 10.21%
- SP 500 INDEX FUND-INST 7.86%
- SHORT DURATION BOND FUND-INST 5.75%
- TEMPLETON GBL BOND FUND-INST 5.47%
- FEDERATED BOND FUND-INST 5.02%
- INTERNATIONAL INDEX FUND-INST 4.20%
- LARGE CAP VALUE-INST 4.10%
- LOOMIS SAYLES BOND INST 4.08%
Asset Allocation
Weighting | Return Low | Return High | MXLYX % Rank | |
---|---|---|---|---|
Stocks | 86.63% | 0.00% | 100.00% | 96.26% |
Bonds | 13.40% | 0.00% | 75.98% | 5.61% |
Convertible Bonds | 1.43% | 0.00% | 3.41% | 4.67% |
Preferred Stocks | 0.00% | 0.00% | 0.01% | 53.27% |
Other | 0.00% | -0.05% | 2.69% | 67.29% |
Cash | 0.00% | 0.00% | 10.02% | 98.13% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MXLYX % Rank | |
---|---|---|---|---|
Technology | 16.58% | 5.66% | 22.35% | 84.11% |
Financial Services | 14.39% | 6.12% | 19.30% | 73.83% |
Real Estate | 13.13% | 1.86% | 17.94% | 8.41% |
Healthcare | 11.73% | 3.88% | 15.29% | 57.01% |
Industrials | 11.29% | 3.87% | 12.81% | 38.32% |
Consumer Cyclical | 10.80% | 4.10% | 13.15% | 55.14% |
Communication Services | 6.72% | 1.23% | 9.99% | 74.77% |
Consumer Defense | 6.07% | 3.06% | 9.65% | 57.01% |
Basic Materials | 4.23% | 1.78% | 7.69% | 70.09% |
Energy | 2.63% | 1.93% | 8.89% | 90.65% |
Utilities | 2.42% | 1.18% | 5.23% | 62.62% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MXLYX % Rank | |
---|---|---|---|---|
US | 86.63% | 0.00% | 100.00% | 96.26% |
Non US | 0.00% | 0.00% | 7.54% | 58.88% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MXLYX % Rank | |
---|---|---|---|---|
Government | 37.38% | 20.20% | 99.50% | 74.77% |
Corporate | 37.27% | 0.01% | 46.51% | 20.56% |
Securitized | 23.27% | 0.00% | 24.66% | 6.54% |
Municipal | 0.37% | 0.00% | 0.95% | 19.63% |
Derivative | 0.00% | -0.05% | 0.12% | 63.55% |
Cash & Equivalents | 0.00% | 0.00% | 10.90% | 80.37% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MXLYX % Rank | |
---|---|---|---|---|
US | 13.40% | 0.00% | 75.98% | 5.61% |
Non US | 0.00% | 0.00% | 0.24% | 53.27% |
MXLYX - Expenses
Operational Fees
MXLYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.82% | 0.06% | 25.51% | 37.74% |
Management Fee | 0.12% | 0.00% | 0.58% | 40.19% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 12.50% |
Administrative Fee | N/A | 0.01% | 0.28% | 98.74% |
Sales Fees
MXLYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
MXLYX 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.
MXLYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 25.00% | 0.00% | 61.00% | 30.77% |
MXLYX - Distributions
Dividend Yield Analysis
MXLYX | Category Low | Category High | MXLYX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.08% | 0.00% | 7.68% | 99.07% |
Dividend Distribution Analysis
MXLYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Monthly | SemiAnnual |
Net Income Ratio Analysis
MXLYX | Category Low | Category High | MXLYX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.27% | 0.02% | 3.98% | 19.05% |
Capital Gain Distribution Analysis
MXLYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | None | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 29, 2023 | $0.119 | OrdinaryDividend |
Jun 28, 2022 | $0.105 | OrdinaryDividend |
Jun 28, 2021 | $0.074 | OrdinaryDividend |
Dec 31, 2020 | $0.137 | OrdinaryDividend |
Jun 29, 2020 | $0.062 | OrdinaryDividend |
Dec 31, 2019 | $0.203 | OrdinaryDividend |
Sep 11, 2019 | $0.553 | OrdinaryDividend |
Jun 27, 2019 | $0.097 | OrdinaryDividend |
Jun 28, 2018 | $0.101 | OrdinaryDividend |
MXLYX - 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 |
---|---|---|---|
0.48 | 16.18 | 5.67 | 2.41 |