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Morningstar

Empower Conservative Profile L MXIPX

Morningstar Medalist Rating
Medalist Rating as of | See Empower Investment Hub
  • NAV / 1-Day Return 8.83  /  0.34 %
  • Total Assets 1.4 Bil
  • Adj. Expense Ratio
    1.020%
  • Expense Ratio 1.020%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Conservative Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Status Open
  • TTM Yield 1.39%
  • Turnover 16%

USD | NAV as of Dec 01, 2023 | 1-Day Return as of Dec 01, 2023, 5:06 AM GMT+0

Morningstar’s Analysis MXIPX

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

People Pillar

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

Empower Conservative Profile L's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

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 MXIPX

More MXIPX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 0
  • Other Holdings 18
  • % Assets in Top 10 Holdings 82.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Empower Life & Annuity Contract

22.54
223,323,536
—

Empower Short Duration Bond Instl

8.74
86,595,032
—

Empower Global Bond Institutional

8.73
86,495,168
—

Empower Multi-Sector Bond Instl

8.59
85,108,128
—

Empower US Government Secs Instl

6.56
64,995,316
—

Empower Core Bond Instl

6.56
64,995,236
—

Empower Large Cap Value Instl

6.25
61,920,960
—

Empower Real Estate Index Instl

5.00
49,536,684
—

Empower International Value Instl

4.63
45,871,996
—

Empower Infl-Protd Secs Instl

4.37
43,297,288
—