Empower Lifetime 2055 Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.5%
1 yr return
21.3%
3 Yr Avg Return
2.4%
5 Yr Avg Return
N/A
Net Assets
$525 M
Holdings in Top 10
77.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.93%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 32.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MXWLX - Profile
Distributions
- YTD Total Return 6.5%
- 3 Yr Annualized Total Return 2.4%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency None
- Net Income Ratio 3.39%
- Dividend Yield 1.7%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameEmpower Lifetime 2055 Fund
-
Fund Family NameGreat-West Funds
-
Inception DateAug 01, 2019
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Corwin
Fund Description
MXWLX - Performance
Return Ranking - Trailing
Period | MXWLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.5% | 4.7% | 14.8% | 95.05% |
1 Yr | 21.3% | 13.7% | 30.6% | 94.55% |
3 Yr | 2.4%* | -2.6% | 8.3% | 95.90% |
5 Yr | N/A* | 6.6% | 11.5% | 77.25% |
10 Yr | N/A* | 5.9% | 9.5% | 92.11% |
* Annualized
Return Ranking - Calendar
Period | MXWLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.0% | 2.5% | 21.5% | 87.00% |
2022 | -23.2% | -46.7% | -17.2% | 43.50% |
2021 | 6.6% | -9.7% | 20.3% | 58.12% |
2020 | 7.8% | 0.0% | 16.1% | 91.62% |
2019 | N/A | 11.6% | 23.6% | 93.67% |
Total Return Ranking - Trailing
Period | MXWLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.5% | 4.7% | 14.8% | 95.05% |
1 Yr | 21.3% | 13.7% | 30.6% | 94.55% |
3 Yr | 2.4%* | -2.6% | 8.3% | 95.90% |
5 Yr | N/A* | 6.6% | 11.5% | 80.84% |
10 Yr | N/A* | 5.9% | 9.5% | 98.68% |
* Annualized
Total Return Ranking - Calendar
Period | MXWLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.1% | 10.6% | 36.3% | 88.00% |
2022 | -17.1% | -27.3% | 0.3% | 34.00% |
2021 | 10.4% | 1.2% | 22.5% | 98.95% |
2020 | 14.0% | 6.6% | 25.0% | 79.33% |
2019 | N/A | 21.4% | 39.5% | 89.24% |
NAV & Total Return History
MXWLX - Holdings
Concentration Analysis
MXWLX | Category Low | Category High | MXWLX % Rank | |
---|---|---|---|---|
Net Assets | 525 M | 1.54 M | 36.8 B | 44.55% |
Number of Holdings | 26 | 2 | 584 | 25.25% |
Net Assets in Top 10 | 387 M | 1.38 M | 41.6 B | 47.03% |
Weighting of Top 10 | 77.06% | 44.0% | 100.0% | 75.26% |
Top 10 Holdings
- SP 500 INDEX FUND-INST 14.76%
- INTERNATIONAL INDEX FUND-INST 12.46%
- LARGE CAP VALUE-INST 7.66%
- MULTI-MAN LRG CAP GROWTH-INST 7.05%
- MFS INTL VALUE FUND-INST 6.59%
- SP MID CAP 400 IND FUND-INST 6.28%
- MFS INTL GROWTH FUND-INST 5.84%
- EM EQUITY FUND INST CL 5.51%
- FIDELITY EMRG MKT 5.51%
- SP 600 INDEX FUND-INST 5.40%
Asset Allocation
Weighting | Return Low | Return High | MXWLX % Rank | |
---|---|---|---|---|
Stocks | 99.68% | 0.00% | 100.34% | 44.06% |
Bonds | 0.36% | 0.00% | 13.02% | 18.32% |
Convertible Bonds | 0.26% | 0.00% | 1.00% | 3.96% |
Preferred Stocks | 0.00% | 0.00% | 0.16% | 51.98% |
Other | 0.00% | 0.00% | 11.68% | 72.77% |
Cash | 0.00% | 0.00% | 14.08% | 92.08% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MXWLX % Rank | |
---|---|---|---|---|
Technology | 17.16% | 14.04% | 24.10% | 93.56% |
Financial Services | 15.43% | 12.57% | 18.90% | 38.61% |
Industrials | 12.04% | 9.12% | 12.53% | 10.40% |
Healthcare | 11.83% | 10.32% | 14.65% | 70.79% |
Consumer Cyclical | 11.34% | 8.05% | 13.40% | 45.54% |
Real Estate | 8.29% | 1.72% | 10.21% | 18.81% |
Communication Services | 6.93% | 5.69% | 10.32% | 67.33% |
Consumer Defense | 6.75% | 4.68% | 11.07% | 45.54% |
Basic Materials | 4.94% | 3.22% | 6.79% | 40.59% |
Energy | 2.93% | 2.33% | 5.97% | 92.57% |
Utilities | 2.37% | 1.89% | 8.12% | 74.75% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MXWLX % Rank | |
---|---|---|---|---|
US | 99.68% | 0.00% | 100.34% | 44.06% |
Non US | 0.00% | 0.00% | 40.80% | 61.39% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MXWLX % Rank | |
---|---|---|---|---|
Corporate | 40.57% | 0.99% | 40.57% | 0.99% |
Government | 30.03% | 1.77% | 73.78% | 56.93% |
Securitized | 23.21% | 0.00% | 27.58% | 12.87% |
Municipal | 0.39% | 0.00% | 1.17% | 14.85% |
Derivative | 0.00% | 0.00% | 18.69% | 64.85% |
Cash & Equivalents | 0.00% | 0.00% | 86.55% | 79.70% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MXWLX % Rank | |
---|---|---|---|---|
US | 0.36% | 0.00% | 11.68% | 18.32% |
Non US | 0.00% | 0.00% | 2.07% | 58.42% |
MXWLX - Expenses
Operational Fees
MXWLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.93% | 0.06% | 21.78% | 44.00% |
Management Fee | 0.12% | 0.00% | 0.93% | 41.58% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 8.25% |
Administrative Fee | N/A | 0.01% | 0.29% | 97.36% |
Sales Fees
MXWLX 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% | 4.00% | N/A |
Trading Fees
MXWLX 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.
MXWLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 32.00% | 0.00% | 116.00% | 72.28% |
MXWLX - Distributions
Dividend Yield Analysis
MXWLX | Category Low | Category High | MXWLX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.67% | 0.00% | 5.57% | 79.70% |
Dividend Distribution Analysis
MXWLX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
MXWLX | Category Low | Category High | MXWLX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.39% | -0.38% | 3.85% | 1.60% |
Capital Gain Distribution Analysis
MXWLX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | None | Annually | Semi-Monthly | Semi-Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.151 | OrdinaryDividend |
Jun 28, 2023 | $0.041 | OrdinaryDividend |
Jun 28, 2022 | $0.031 | OrdinaryDividend |
Jun 28, 2021 | $0.025 | OrdinaryDividend |
Jun 29, 2020 | $0.034 | OrdinaryDividend |
Dec 31, 2019 | $0.154 | OrdinaryDividend |
Sep 11, 2019 | $1.237 | OrdinaryDividend |
Jun 27, 2019 | $0.049 | OrdinaryDividend |
Jun 28, 2018 | $0.048 | OrdinaryDividend |
MXWLX - 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 | 14.26 | 5.38 | 2.41 |