About MXAYX
Empower Lifetime 2030 Fund – Institutional Class is a target-date mutual fund designed to balance capital appreciation and income for investors approaching retirement around 2030, transitioning to a greater emphasis on income thereafter. The fund implements a fund-of-funds structure, allocating across a diversified mix of underlying equity and fixed income strategies, including broad U.S. large-cap, mid-cap, and international equity exposures alongside core, inflation-protected, and global bond holdings. This diversified glide path aims to gradually reduce equity risk as the target date nears, aligning the portfolio with the needs of investors seeking a measured shift from growth to income. Notable underlying allocations include index-based sleeves such as S&P 500, mid-cap, and international equity, as well as bond index and inflation-protected securities, reflecting a systematic, cost-aware approach. Positioned within the Target-Date 2030 category, the fund’s institutional share class emphasizes operational efficiency and scale, supporting its role in retirement plans and asset allocation programs that seek a disciplined, multi-asset framework for investors nearing the end of their primary accumulation phase.
Fund Family Empower Funds
Category Target-Date 2030
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol MXAYX
Share Class Institutional Class
Index MSCI AC World NR USD
MXAYX had a total return of 8.53% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.70%.
