Empower Lifetime 2035 Fund Investor Class (MXKLX)
| Fund Assets | 1.82B |
| Expense Ratio | 0.86% |
| Min. Investment | $0.00 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.64 |
| Dividend Yield | 4.09% |
| Dividend Growth | -22.95% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 15.55 |
| YTD Return | 3.24% |
| 1-Year Return | 14.97% |
| 5-Year Return | 34.41% |
| 52-Week Low | 12.16 |
| 52-Week High | 15.68 |
| Beta (5Y) | n/a |
| Holdings | 22 |
| Inception Date | May 1, 2009 |
About MXKLX
Empower Lifetime 2035 Fund Investor Class is a target-date mutual fund designed to balance capital appreciation and income based on a glide path intended for investors approaching the year 2035. Prior to that date, the strategy emphasizes growth through a diversified mix of underlying equity and fixed income funds, then gradually shifts toward greater income orientation after 2035, with capital growth as a secondary objective. The portfolio is implemented via a professionally selected lineup of underlying Empower funds spanning U.S. large-cap, mid-cap, and international equities alongside core and global bonds, seeking broad market exposure within a single, auto-adjusting allocation. Although the fund is technically non-diversified at the top level, diversification is achieved through its underlying holdings. It serves as an all-in-one vehicle for retirement savers who plan to withdraw assets progressively in retirement, aligning asset allocation with a typical age-65 retirement timeline and providing ongoing rebalancing and risk reduction as the target date approaches.
Performance
MXKLX had a total return of 14.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 18.14%.
Top 10 Holdings
71.58% of assets| Name | Symbol | Weight |
|---|---|---|
| Empower S&P 500® Index Fund Institutional Class | MXKWX | 22.59% |
| Empower International Index Fund Institutional Class | MXPBX | 8.27% |
| Empower Bond Index Fund Institutional Class | MXCOX | 7.80% |
| Empower Mid Cap Value Fund Institutional Class | MXKJX | 5.10% |
| Empower Large Cap Value Instl | MXVHX | 5.03% |
| Empower T. Rowe Price Mid Cap Growth Fund Institutional Class | MXYKX | 4.70% |
| Empower Core Bond Fund Institutional Class | MXIUX | 4.68% |
| Empower Large Cap Growth Fund Institutional Class | MXGSX | 4.65% |
| Empower International Value Fund Institutional Class | MXJVX | 4.38% |
| Empower Multi-Sector Bond Fund Institutional Class | MXUGX | 4.38% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.29037 | Dec 31, 2025 |
| Sep 9, 2025 | $0.34698 | Sep 10, 2025 |
| Dec 30, 2024 | $0.39778 | Dec 31, 2024 |
| Sep 10, 2024 | $0.42944 | Sep 11, 2024 |
| Dec 28, 2023 | $0.22972 | Dec 29, 2023 |
| Sep 8, 2023 | $0.26767 | Sep 11, 2023 |