Morningstar

Empower Lifetime 2045 Fund Service Class MXRLX

Morningstar Medalist Rating
Medalist Rating as of | See Empower Investment Hub
  • NAV / 1-Day Return 16.43  /  +0.18 %
  • Total Assets 1.6B
  • Adj. Expense Ratio
    0.980%
  • Expense Ratio 0.570%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Target-Date 2045
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Status Open
  • TTM Yield 1.39%
  • Turnover 39%

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 3:28 AM GMT+0

Morningstar’s Analysis MXRLX

Will MXRLX outperform in the 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 MXRLX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Empower Lifetime 2045 Svc holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings MXRLX

More MXRLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 78.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Empower S&P 500® Index Institutional

28.03 395M
—

Empower International Index Instl

10.63 150M
—

Empower Large Cap Value Instl

6.34 89M
—

Empower Large Cap Growth Instl

5.76 81M
—

Empower International Value Instl

5.71 80M
—

Empower International Growth Instl

4.95 70M
—

Empower Mid Cap Value Instl

4.75 67M
—

Empower T. Rowe Price Mid Cp Gr Instl

4.39 62M
—

Empower Bond Index Institutional

4.34 61M
—

Fidelity Emerging Markets Idx

3.30 46M
—

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