Empower Lifetime 2035 Inv (MXKLX)
| Fund Assets | 1.82B |
| Expense Ratio | 0.83% |
| Min. Investment | $0.00 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.64 |
| Dividend Yield | 3.88% |
| Dividend Growth | -22.95% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 16.31 |
| YTD Return | 8.60% |
| 1-Year Return | 15.18% |
| 5-Year Return | 34.46% |
| 52-Week Low | 14.62 |
| 52-Week High | 16.41 |
| Beta (5Y) | 0.80 |
| 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 15.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.34%.
Top 10 Holdings
71.94% of assets| Name | Symbol | Weight |
|---|---|---|
| Empower S&P 500 Index Institutional | MXKWX | 23.33% |
| Empower Bond Index Institutional | MXCOX | 8.27% |
| Empower International Index Instl | MXPBX | 7.97% |
| EMPOWER FUNDS INC - LARGE CAP VALUE-INST | MXVHX | 5.28% |
| Empower Core Bond Instl | MXIUX | 4.97% |
| Empower Large Cap Growth Instl | MXGSX | 4.80% |
| Empower Multi-Sector Bond Instl | MXUGX | 4.64% |
| EMPOWER - GUARANTEED FUNDING ACCOUNT | n/a | 4.34% |
| Empower International Value Instl | MXJVX | 4.28% |
| Empower Mid Cap Value Instl | MXKJX | 4.06% |
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 |