Empower Lifetime 2035 Svc (MXLLX)

Fund Assets	1.82B
Expense Ratio	0.93%
Min. Investment	$0.00
Turnover	16.00%
Dividend (ttm)	0.26
Dividend Yield	1.62%
Dividend Growth	-3.14%
Payout Frequency	n/a
Ex-Dividend Date	Dec 30, 2025

Previous Close	16.35
YTD Return	9.48%
1-Year Return	13.43%
5-Year Return	32.99%
52-Week Low	14.40
52-Week High	16.44
Beta (5Y)	0.80
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.

• Fund Family: Empower Funds
• Category: Target-Date 2035
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MXLLX
• Share Class: Service Class
• Index: MSCI AC World NR USD

Performance

MXLLX had a total return of 13.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.19%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MXTBX	Institutional Class	0.48%
MXKLX	Investor Class	0.83%

Top 10 Holdings

71.67% of assets

Name	Symbol	Weight
Empower S&P 500® Index Institutional	MXKWX	23.41%
Empower Bond Index Institutional	MXCOX	8.24%
Empower International Index Instl	MXPBX	7.86%
Empower Large Cap Value Instl	MXVHX	5.23%
Empower Core Bond Instl	MXIUX	4.95%
Empower Large Cap Growth Instl	MXGSX	4.85%
Empower Multi-Sector Bond Instl	MXUGX	4.63%
Empower Life & Annuity Contract	n/a	4.30%
Empower International Value Instl	MXJVX	4.15%
Empower Mid Cap Value Instl	MXKJX	4.05%

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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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