Empower Lifetime 2060 Inv (MXGNX)
| Fund Assets | 185.09M |
| Expense Ratio | 0.88% |
| Min. Investment | $0.00 |
| Turnover | 43.00% |
| Dividend (ttm) | 0.86 |
| Dividend Yield | 6.56% |
| Dividend Growth | 24.61% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 13.11 |
| YTD Return | 11.01% |
| 1-Year Return | 20.22% |
| 5-Year Return | 43.04% |
| 52-Week Low | 11.34 |
| 52-Week High | 13.22 |
| Beta (5Y) | n/a |
| Holdings | 21 |
| Inception Date | May 1, 2019 |
About MXGNX
Empower Lifetime 2060 Fund Investor Class is a target-date mutual fund designed for investors planning to retire around the year 2060. Its primary function is to pursue long-term capital appreciation and income through a diversified, professionally managed portfolio. The fund strategically allocates its assets among other mutual funds and fixed interest contracts, adjusting the mix over time as the target retirement date approaches. Early in its lifecycle, the fund emphasizes growth by allocating more to equities and growth-oriented investments; post-2060, it shifts focus to income generation and capital preservation. This makes it well-suited for individuals seeking a one-stop retirement solution that evolves as their investment horizon shortens. The fund is notable for its semi-annual dividend payouts, a diversified set of underlying holdings, and an accessible minimum investment of $0.00, making it attractive to a broad range of retirement savers. Launched in 2019, Empower Lifetime 2060 Fund Investor Class plays a significant role in workplace retirement plans and individual retirement portfolios aiming for convenient, long-term planning aligned with a specific retirement date.
Performance
MXGNX had a total return of 20.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.18%.
Top 10 Holdings
83.74% of assets| Name | Symbol | Weight |
|---|---|---|
| Empower S&P 500 Index Institutional | MXKWX | 28.64% |
| Empower International Index Instl | MXPBX | 12.62% |
| Empower International Value Instl | MXJVX | 6.77% |
| EMPOWER FUNDS INC - LARGE CAP VALUE-INST | MXVHX | 6.48% |
| Empower Large Cap Growth Instl | MXGSX | 5.89% |
| Empower International Growth Instl | MXHTX | 5.87% |
| Empower Mid Cap Value Instl | MXKJX | 4.63% |
| Fidelity Emerging Markets Index Fund | FPADX | 4.30% |
| Empower T. Rowe Price Mid Cp Gr Instl | MXYKX | 4.28% |
| Empower Emerging Markets Equity Inst | MXENX | 4.27% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.50183 | Dec 31, 2025 |
| Sep 9, 2025 | $0.35799 | Sep 10, 2025 |
| Dec 30, 2024 | $0.33639 | Dec 31, 2024 |
| Sep 10, 2024 | $0.35361 | Sep 11, 2024 |
| Dec 28, 2023 | $0.2207 | Dec 29, 2023 |
| Sep 8, 2023 | $0.22097 | Sep 11, 2023 |