Morningstar

Empower Lifetime 2040 Instl MXBGX

Morningstar Medalist Rating
Medalist Rating as of | See Empower Investment Hub
  • NAV / 1-Day Return 11.38  /  −0.09 %
  • Total Assets 578.6 Mil
  • Adj. Expense Ratio
    0.550%
  • Expense Ratio 0.550%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Target-Date 2040
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 1.68%
  • Turnover 19%

USD | NAV as of Sep 28, 2024 | 1-Day Return as of Sep 28, 2024, 12:17 AM GMT+0

Morningstar’s Analysis MXBGX

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

  • People Pillar

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

Weakness in Empower Lifetime 2040 Instl's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MXBGX

More MXBGX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 67.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Empower S&P 500® Index Institutional

13.77 70.5 Mil
—

Empower International Index Instl

9.79 50.1 Mil
—

Empower Large Cap Value Instl

7.16 36.6 Mil
—

Empower Large Cap Growth Instl

6.62 33.9 Mil
—

Empower Bond Index Institutional

6.35 32.5 Mil
—

Empower S&P Mid Cap 400® Index Instl

5.92 30.3 Mil
—

Empower International Value Instl

5.18 26.5 Mil
—

Empower International Growth Instl

4.61 23.6 Mil
—

Empower S&P SmallCap 600® Index Instl

4.13 21.1 Mil
—

Empower Emerging Markets Equity Inst

3.96 20.3 Mil
—

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