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Morningstar

Empower Core Bond Inv MXFDX

Morningstar Medalist Rating
Medalist Rating as of | See Empower Investment Hub
  • NAV / 1-Day Return 9.43  /  0.00
  • Total Assets 507.0 Mil
  • Adj. Expense Ratio
    0.700%
  • Expense Ratio 0.700%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 1.48%
  • Effective Duration —

USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 12:30 AM GMT+0

Morningstar’s Analysis MXFDX

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

  • People Pillar

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

Empower Core Bond Inv 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

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

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MXFDX

More MXFDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal National Mortgage Association 6%

2.15 12.0 Mil
Securitized

United States Treasury Bills 5.31%

1.70 9.5 Mil
Government

Government National Mortgage Association 6.5%

1.65 9.2 Mil
Securitized

Federal National Mortgage Association 5.5%

1.56 8.7 Mil
Securitized

Government National Mortgage Association 5%

1.16 6.5 Mil
Securitized

United States Treasury Notes 2.88%

1.08 6.0 Mil
Government

United States Treasury Notes 1.38%

1.07 6.0 Mil
Government

United States Treasury Bills 5.35%

1.06 5.9 Mil
Government

United States Treasury Bills 5.31%

1.04 5.8 Mil
Government

United States Treasury Bonds 4.75%

1.04 5.8 Mil
Government