Empower Lifetime 2020 Fund Investor Class (MXAGX)
| Fund Assets | 485.56M |
| Expense Ratio | 0.78% |
| Min. Investment | $0.00 |
| Turnover | 17.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 4.36% |
| Dividend Growth | 16.71% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 11.04 |
| YTD Return | 1.85% |
| 1-Year Return | 10.78% |
| 5-Year Return | 25.65% |
| 52-Week Low | 9.33 |
| 52-Week High | 11.05 |
| Beta (5Y) | n/a |
| Holdings | 22 |
| Inception Date | Apr 28, 2016 |
About MXAGX
Empower Lifetime 2020 Fund Investor Class is a target-date mutual fund designed for investors who reached or passed their target retirement around 2020. Its primary objective is to generate income with a secondary goal of capital growth, achieved through a professionally selected mix of underlying funds spanning equities, fixed income, and cash equivalents to reflect a conservative, near-retirement risk profile. The strategy employs a diversified, fund-of-funds approach that gradually shifts toward income-oriented and capital-preservation assets as the glide path moves further beyond the 2020 milestone. This construction aims to provide broad exposure across asset classes and sectors while managing volatility consistent with investors in or near the drawdown phase. The fund’s role in the market is to offer a turnkey allocation solution within retirement plan lineups and individual portfolios, simplifying rebalancing and risk management through an embedded, time-based asset mix. Performance data, fees, and risk metrics are available through major market data providers, supporting ongoing evaluation of its income-focused mandate and multi-asset diversification.
Performance
MXAGX had a total return of 10.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.25%.
Top 10 Holdings
75.52% of assets| Name | Symbol | Weight |
|---|---|---|
| Empower S&P 500® Index Fund Institutional Class | MXKWX | 14.58% |
| EMPOWER - GUARANTEED FUNDING ACCOUNT | n/a | 11.40% |
| Empower Inflation-Protected Securities Fund Institutional Class | MXIOX | 10.65% |
| Empower Bond Index Fund Institutional Class | MXCOX | 9.90% |
| Empower Core Bond Fund Institutional Class | MXIUX | 5.94% |
| Empower Multi-Sector Bond Fund Institutional Class | MXUGX | 5.83% |
| Empower Short Duration Bond Fund Institutional Class | MXXJX | 4.89% |
| Empower International Index Fund Institutional Class | MXPBX | 4.52% |
| Empower Global Bond Fund Institutional Class | MXZMX | 4.41% |
| Empower Mid Cap Value Fund Institutional Class | MXKJX | 3.40% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.28841 | Dec 31, 2025 |
| Sep 9, 2025 | $0.19155 | Sep 10, 2025 |
| Dec 30, 2024 | $0.29829 | Dec 31, 2024 |
| Sep 10, 2024 | $0.11295 | Sep 11, 2024 |
| Dec 28, 2023 | $0.16717 | Dec 29, 2023 |
| Sep 8, 2023 | $0.18916 | Sep 11, 2023 |