Empower Lifetime 2060 Fund Service Class (MXGQX)
| Fund Assets | 170.45M |
| Expense Ratio | 1.01% |
| Min. Investment | $0.00 |
| Turnover | 43.00% |
| Dividend (ttm) | 0.84 |
| Dividend Yield | 6.54% |
| Dividend Growth | 27.75% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 12.85 |
| YTD Return | 7.71% |
| 1-Year Return | 20.68% |
| 5-Year Return | 41.18% |
| 52-Week Low | 11.23 |
| 52-Week High | 13.03 |
| Beta (5Y) | n/a |
| Holdings | 21 |
| Inception Date | May 1, 2019 |
About MXGQX
Empower Lifetime 2060 Fund Service Class is a target-date mutual fund designed for individuals planning to retire around the year 2060. Its primary function is to facilitate long-term retirement savings by offering a diversified, professionally managed portfolio that aims for capital appreciation and income consistent with its current asset allocation. The fund initially emphasizes growth by investing predominantly in equities but will gradually shift to a more conservative allocation—incorporating bonds, real estate investment trusts (REITs), inflation-protected securities, and cash—as the target retirement date approaches. This fund operates as a fund of funds, allocating assets across multiple underlying funds to ensure broad diversification and risk management. Its holdings span domestic and international stocks, fixed income securities, and alternative assets, reflecting a comprehensive approach to portfolio construction. The Empower Lifetime 2060 Fund Service Class plays a significant role in the retirement planning market, serving as a cornerstone option for investors seeking a structured, long-term investment solution adaptable to their changing risk profiles as retirement nears.
Performance
MXGQX had a total return of 20.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.81%.
Top 10 Holdings
83.72% of assets| Name | Symbol | Weight |
|---|---|---|
| Empower S&P 500® Index Fund Institutional Class | MXKWX | 28.63% |
| Empower International Index Fund Institutional Class | MXPBX | 12.62% |
| Empower International Value Fund Institutional Class | MXJVX | 6.77% |
| Empower Large Cap Value Instl | MXVHX | 6.48% |
| Empower Large Cap Growth Fund Institutional Class | MXGSX | 5.88% |
| Empower International Growth Fund Institutional Class | MXHTX | 5.87% |
| Empower Mid Cap Value Fund Institutional Class | MXKJX | 4.63% |
| Fidelity Emerging Markets Index Fund | FPADX | 4.29% |
| Empower T. Rowe Price Mid Cap Growth Fund Institutional Class | MXYKX | 4.28% |
| Empower Emerging Markets Equity Fund Institutional Class | MXENX | 4.26% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.48266 | Dec 31, 2025 |
| Sep 9, 2025 | $0.35811 | Sep 10, 2025 |
| Dec 30, 2024 | $0.30451 | Dec 31, 2024 |
| Sep 10, 2024 | $0.35361 | Sep 11, 2024 |
| Dec 28, 2023 | $0.208 | Dec 29, 2023 |
| Sep 8, 2023 | $0.21857 | Sep 11, 2023 |