Morningstar

Empower Multi-Sector Bond Fund Institutional Class MXUGX

Morningstar Medalist Rating
Medalist Rating as of | See Empower Investment Hub
  • NAV / 1-Day Return 8.36  /  −0.12 %
  • Total Assets 1.5B
  • Adj. Expense Ratio
    0.550%
  • Expense Ratio 0.550%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 5.97%
  • Effective Duration 4.41 years

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

Morningstar’s Analysis MXUGX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Empower Multi-Sector Bond Instl holds a quantitatively derived Gold Morningstar Medalist Rating. The rating reflects that it has scored particularly well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings MXUGX

More MXUGX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 3.5%

6.28 87M
Government

United States Treasury Notes 4%

2.61 36M
Government

Federal Home Loan Mortgage Corp. 5%

0.74 10M
Securitized

Secretaria Do Tesouro Nacional 10%

0.65 9M
Government

EchoStar Corp. 10.75%

0.63 9M
Corporate

United States Treasury Bonds 4.63%

0.61 9M
Government

United States Treasury Bills 3.57%

0.50 7M
Government

Federal Home Loan Mortgage Corp. 5.5%

0.44 6M
Securitized

Federal Home Loan Mortgage Corp. 5.5%

0.42 6M
Securitized

United States Treasury Bonds 4.25%

0.40 5M
Government

Sponsor Center