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Morningstar

Empower Bond Index Inv MXBIX

Morningstar Medalist Rating
Medalist Rating as of | See Empower Investment Hub
  • NAV / 1-Day Return 12.50  /  +0.16 %
  • Total Assets 3.7 Bil
  • Adj. Expense Ratio
    0.500%
  • Expense Ratio 0.500%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 1.55%
  • Effective Duration —

USD | NAV as of May 14, 2024 | 1-Day Return as of May 14, 2024, 12:23 AM GMT+0

Morningstar’s Analysis MXBIX

Will MXBIX 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 MXBIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MXBIX 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 MXBIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Empower Bond Index Inv's Process Pillar is partially offset by an Average People Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MXBIX

More MXBIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 0.75%

1.06 38.0 Mil
Government

United States Treasury Notes 0.25%

1.02 36.5 Mil
Government

United States Treasury Notes 0.25%

1.01 36.2 Mil
Government

United States Treasury Notes 0.88%

1.01 36.1 Mil
Government

United States Treasury Notes 0.25%

0.96 34.5 Mil
Government

United States Treasury Notes 0.63%

0.91 32.5 Mil
Government

United States Treasury Notes 1%

0.90 32.1 Mil
Government

United States Treasury Notes 0.25%

0.89 32.0 Mil
Government

United States Treasury Notes 2%

0.87 31.1 Mil
Government

United States Treasury Notes 0.5%

0.86 30.9 Mil
Government