Empower Global Bond Investor (MXGBX)
| Fund Assets | 578.41M |
| Expense Ratio | 1.00% |
| Min. Investment | $0.00 |
| Turnover | 197.00% |
| Dividend (ttm) | 0.20 |
| Dividend Yield | 2.86% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Sep 5, 2025 |
| Previous Close | 7.18 |
| YTD Return | 7.49% |
| 1-Year Return | -0.42% |
| 5-Year Return | -10.59% |
| 52-Week Low | 6.57 |
| 52-Week High | 7.26 |
| Beta (5Y) | n/a |
| Holdings | 1024 |
| Inception Date | Jul 26, 1999 |
About MXGBX
Empower Global Bond Fund is a mutual fund specializing in global fixed income securities. Its primary objective is to provide current income with the added potential for capital appreciation and income growth. The fund primarily invests at least 80% of its net assets in bonds from issuers located worldwide, including government and corporate bonds, mortgage-backed securities, and other debt instruments, spanning both developed and emerging markets. It typically holds securities from at least three countries, including the United States, and may maintain exposure to various foreign currencies to broaden diversification and manage risk. The fund is characterized by a broad portfolio—holding over 800 different securities—and emphasizes investment-grade debt but may allocate up to a quarter of holdings to securities rated below investment grade for additional yield opportunities. Managed with a focus on global diversification, it plays a significant role in providing investors with access to international bond markets while aiming to balance interest rate and credit risks. Empower Global Bond Fund is part of the world bond category, offering annual dividend distributions and a competitive yield for income-seeking investors.
Performance
MXGBX had a total return of -0.42% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.87%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MXZMX | Institutional Class | 0.65% |
Top 10 Holdings
31.98% of assets| Name | Symbol | Weight |
|---|---|---|
| BANK OF AMERICA | n/a | 7.46% |
| DEUTSCHE BANK | n/a | 4.55% |
| HSBC SECURITIES INC | n/a | 4.39% |
| United States Treasury Notes - T 3.125 08/15/25 | T | 2.54% |
| HSBC SECURITIES INC | n/a | 2.45% |
| CITIGROUP GLOBAL MARKETS | n/a | 2.29% |
| United States Treasury Notes - T 3.875 05/31/27 | T | 2.25% |
| HSBC SECURITIES INC | n/a | 2.05% |
| CITIGROUP GLOBAL MARKETS | n/a | 2.00% |
| HSBC SECURITIES INC | n/a | 2.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 5, 2025 | $0.02519 | Sep 8, 2025 |
| Dec 27, 2024 | $0.17967 | Dec 30, 2024 |
| Jun 23, 2023 | $0.05826 | Jun 26, 2023 |
| Sep 6, 2022 | $0.03317 | Sep 7, 2022 |
| Jun 23, 2022 | $0.05185 | Jun 24, 2022 |
| Jun 23, 2021 | $0.00548 | Jun 24, 2021 |