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Morningstar

Empower Multi-Sector Bond Investor MXLMX

Morningstar Medalist Rating
Medalist Rating as of | See Empower Investment Hub
  • NAV / 1-Day Return 12.62  /  −0.24 %
  • Total Assets 923.0 Mil
  • Adj. Expense Ratio
    0.900%
  • Expense Ratio 0.900%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.14%
  • Effective Duration —

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 12:21 AM GMT+0

Morningstar’s Analysis MXLMX

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

  • People Pillar

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

Strength in Empower Multi-Sector Bond Investor's People Pillar is partially offset by an Average Process Pillar rating, leading 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 MXLMX

More MXLMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 5.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bills 5.05%

2.93 25.8 Mil
Government

United States Treasury Bills 5.21%

2.49 21.9 Mil
Government

United States Treasury Bills 5.25%

2.01 17.7 Mil
Government

United States Treasury Bonds 4%

1.71 15.0 Mil
Government

United States Treasury Bills 5.4%

0.84 7.4 Mil
Government

United States Treasury Notes 5%

0.57 5.0 Mil
Government

United States Treasury Notes 1.5%

0.55 4.8 Mil
Cash and Equivalents

United States Treasury Bonds 3.63%

0.50 4.4 Mil
Government

United States Treasury Bills 5.29%

0.49 4.3 Mil
Government

Federal National Mortgage Association 6%

0.46 4.1 Mil
Securitized