Skip to Content
Morningstar

Empower Multi-Sector Bond Instl MXUGX

Morningstar Medalist Rating
Medalist Rating as of | See Empower Investment Hub
  • NAV / 1-Day Return 8.09  /  +0.25 %
  • Total Assets 926.5 Mil
  • 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 —
  • Status Open
  • TTM Yield 5.74%
  • Effective Duration —

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 12:18 AM GMT+0

Morningstar’s Analysis MXUGX

Will MXUGX 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 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.

Strength in Empower Multi-Sector Bond Instl'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 portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
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 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