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Morningstar

Empower Global Bond Investor MXGBX

Morningstar Medalist Rating
Medalist Rating as of | See Empower Investment Hub
  • NAV / 1-Day Return 6.66  /  −0.30 %
  • Total Assets 527.6 Mil
  • Adj. Expense Ratio
    1.000%
  • Expense Ratio 1.000%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Global Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 0.85%
  • Effective Duration —

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 12:21 AM GMT+0

Morningstar’s Analysis MXGBX

Will MXGBX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MXGBX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MXGBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MXGBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Empower Global Bond Investor earns a Morningstar Medalist Rating of Negative with strength in areas such as People offset by weaker spots such as Process.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MXGBX

More MXGBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 18.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 2.25%

3.82 20.9 Mil
Cash and Equivalents

United States Treasury Notes 2.63%

2.64 14.5 Mil
Government

Mexico (United Mexican States) 5.5%

2.50 13.7 Mil
Government

iShares Broad USD Invm Grd Corp Bd ETF

2.18 11.9 Mil
—

Italy (Republic Of) 4.4%

2.04 11.1 Mil
Government

United States Treasury Notes 4%

1.93 10.6 Mil
Government

United States Treasury Notes 4.38%

1.89 10.4 Mil
Government

Government National Mortgage Association 3.5%

1.88 10.3 Mil
Securitized

Petroleos Mexicanos 7.19%

1.76 9.6 Mil
Corporate

Federal National Mortgage Association 6%

1.62 8.9 Mil
Securitized