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Morningstar

Empower Core Strategies Flex Bd Instl MXEDX

Morningstar Medalist Rating
Medalist Rating as of | See Empower Investment Hub
  • NAV / 1-Day Return 9.58  /  −0.31 %
  • Total Assets 1.7 Bil
  • Adj. Expense Ratio
    0.450%
  • Expense Ratio 0.450%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.47%
  • Effective Duration —

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 3:32 AM GMT+0

Morningstar’s Analysis MXEDX

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

  • People Pillar

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

Empower Core Strategies Flex Bd Instl earns a Morningstar Medalist Rating of Neutral with strength in areas such as People offset by weaker spots such as Process.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MXEDX

More MXEDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 8.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bills 5.25%

2.29 38.8 Mil
Government

United States Treasury Bills 5.05%

1.53 25.9 Mil
Government

United States Treasury Notes 4.25%

1.27 21.6 Mil
Government

United States Treasury Notes 3.5%

1.21 20.5 Mil
Government

United States Treasury Bonds 2.88%

1.08 18.3 Mil
Government

United States Treasury Notes 1.5%

1.05 17.8 Mil
Cash and Equivalents

United States Treasury Bills 5.2%

1.03 17.5 Mil
Government

United States Treasury Notes 0.75%

0.79 13.4 Mil
Government

Government National Mortgage Association 4.5%

0.72 12.1 Mil
Securitized

United States Treasury Notes 3.88%

0.69 11.7 Mil
Government