Morningstar

Empower Lifetime 2040 Fund Institutional Class MXBGX

Morningstar Medalist Rating
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Medalist Rating as of See Empower Investment Hub
  • NAV / 1-Day Return $12.66  /  −0.39 %
  • Fund Size $1.1B
  • Adjusted Expense Ratio 0.500%
  • Net Expense Ratio 0.110%
  • Fee Level: Distribution Above Average
  • Share Class Type Institutional
  • Morningstar Category Target-Date 2040
  • Equity Style Box (Funds) Large Blend
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Investment Status Open
  • TTM Yield 2.19%
  • Turnover Ratio 31%
NAV and 1-Day Return as of

Morningstar’s Analysis MXBGX

Will MXBGX outperform in the 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 MXBGX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Empower Lifetime 2040 Instl holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings MXBGX

More MXBGX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 75.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

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26.70 297M
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9.36 104M
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Empower Bond Index Institutional

5.96 66M
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Empower Large Cap Value Instl

5.84 65M
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Empower Large Cap Growth Instl

5.60 62M
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Empower International Value Instl

4.94 55M
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Empower Mid Cap Value Instl

4.45 49M
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Empower International Growth Instl

4.41 49M
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Empower T. Rowe Price Mid Cp Gr Instl

4.25 47M
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Empower Core Bond Instl

3.57 40M
—

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