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Morningstar

Empower SecureFoundation® Bal L MXLDX

Morningstar Medalist Rating
Medalist Rating as of | See Empower Investment Hub
  • NAV / 1-Day Return 10.23  /  0.10 %
  • Total Assets 848.6 Mil
  • Adj. Expense Ratio
    0.850%
  • Expense Ratio 0.850%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Moderate Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Status Open
  • TTM Yield 2.11%
  • Turnover 20%

USD | NAV as of Nov 29, 2023 | 1-Day Return as of Nov 29, 2023, 2:25 AM GMT+0

Morningstar’s Analysis MXLDX

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

People Pillar

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

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Empower SecureFoundation ® Bal L 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 MXLDX

More MXLDX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 0
  • Other Holdings 7
  • % Assets in Top 10 Holdings 100.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Empower Bond Index Institutional

35.06
292,879,832
—

Empower S&P 500® Index Institutional

20.75
173,294,218
—

Empower International Index Instl

13.78
115,131,657
—

Empower S&P Mid Cap 400® Index Instl

11.68
97,575,341
—

Empower S&P SmallCap 600® Index Instl

9.15
76,450,772
—

Empower Life & Annuity Contract

5.01
41,879,720
—

Fidelity® Emerging Markets Idx

4.56
38,111,352
—