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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 10.03  /  0.10 %
  • Total Assets 349.5 Mil
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 0.600%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.50%
  • Effective Duration 2.03 years

USD | NAV as of Sep 30, 2023 | 1-Day Return as of Sep 30, 2023, 12:17 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 People Pillar and Process 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 0
  • Bond Holdings 208
  • Other Holdings 2
  • % Assets in Top 10 Holdings 12.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 0.5%

2.18
7,320,992
Government

United States Treasury Notes 0.75%

1.47
4,952,578
Government

Bank of America Corporation 3.46%

1.46
4,900,628
Corporate

Citigroup Inc. 5.82%

1.18
3,967,713
Corporate

JPMorgan Chase & Co. 2.6%

1.13
3,792,972
Corporate

Voya CLO 2016-1 Limited 7.05%

1.06
3,572,253
Securitized

WarnerMedia Holdings Inc. 3.79%

1.00
3,374,137
Corporate

EPR Properties 4.5%

0.96
3,239,608
Corporate

Entain Plc

0.88
2,947,057
Corporate

Barings Clo Limited 7.15%

0.87
2,917,776
Securitized