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Morningstar

Empower Short Duration Bond Inv MXSDX

Morningstar Medalist Rating
Medalist Rating as of | See Empower Investment Hub
  • NAV / 1-Day Return 10.37  /  +0.19 %
  • Total Assets 411.9 Mil
  • Adj. Expense Ratio
    0.590%
  • Expense Ratio 0.590%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 1.61%
  • Effective Duration —

USD | NAV as of May 04, 2024 | 1-Day Return as of May 04, 2024, 12:13 AM GMT+0

Morningstar’s Analysis MXSDX

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

  • People Pillar

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

Empower Short Duration Bond Inv's Average Process Pillar and People Pillar ratings result in 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 MXSDX

More MXSDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 20.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 0.25%

7.48 30.3 Mil
Government

United States Treasury Notes 0.38%

4.65 18.8 Mil
Government

United States Treasury Notes 0.5%

2.06 8.3 Mil
Government

Bank of America Corp. 3.46%

1.23 5.0 Mil
Corporate

United States Treasury Notes 1.25%

1.14 4.6 Mil
Government

JPMorgan Chase & Co. 2.6%

0.96 3.9 Mil
Corporate

Voya CLO 2016-1 Limited 7.48%

0.90 3.6 Mil
Securitized

EPR Properties 4.5%

0.83 3.4 Mil
Corporate

Wells Fargo Bank, National Association 5.55%

0.75 3.0 Mil
Corporate

Barings Clo Limited 7.58%

0.74 3.0 Mil
Securitized