Empower Lifetime 2035 Fund Service Class (MXLLX)
| Fund Assets | 1.82B |
| Expense Ratio | 0.96% |
| Min. Investment | $0.00 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.61 |
| Dividend Yield | 3.96% |
| Dividend Growth | -24.05% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 15.31 |
| YTD Return | 3.23% |
| 1-Year Return | 14.85% |
| 5-Year Return | 33.69% |
| 52-Week Low | 11.98 |
| 52-Week High | 15.44 |
| Beta (5Y) | n/a |
| Holdings | 22 |
| Inception Date | May 1, 2009 |
About MXLLX
Empower Lifetime 2035 Fund Service Class is a target-date mutual fund designed to provide a professionally managed glide path for investors expecting to begin withdrawals around 2035. The fund pursues capital appreciation and income through a diversified mix of underlying equity and fixed income funds, with allocations that gradually become more conservative as the target year approaches; after 2035, the emphasis shifts toward income with capital growth as a secondary goal. It invests primarily in affiliated index and active strategies spanning U.S. large-cap, mid-cap, and international equities alongside core and multi-sector bonds, concentrating a significant share in its top underlying holdings to drive broad market exposure and risk control. The vehicle sits within the Target-Date 2035 category, offering a turnkey asset allocation solution that integrates equity market participation with bond ballast and rebalancing over time. Its role in the market is to streamline retirement-focused investing by bundling diversified building blocks, systematic de-risking, and income orientation into a single fund aligned with a 2035 retirement horizon.
Performance
MXLLX had a total return of 14.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 18.03%.
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 | $0.26077 | Dec 31, 2025 |
| Sep 9, 2025 | $0.34787 | Sep 10, 2025 |
| Dec 30, 2024 | $0.37196 | Dec 31, 2024 |
| Sep 10, 2024 | $0.42944 | Sep 11, 2024 |
| Dec 28, 2023 | $0.21127 | Dec 29, 2023 |
| Sep 8, 2023 | $0.26767 | Sep 11, 2023 |