Empower Multi-Sector Bond Investor (MXLMX)
| Fund Assets | 1.25B |
| Expense Ratio | 0.90% |
| Min. Investment | $0.00 |
| Turnover | 65.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 3.48% |
| Dividend Growth | 127.18% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Sep 5, 2025 |
| Previous Close | 13.79 |
| YTD Return | 6.49% |
| 1-Year Return | 2.15% |
| 5-Year Return | 8.36% |
| 52-Week Low | 12.87 |
| 52-Week High | 13.79 |
| Beta (5Y) | 0.28 |
| Holdings | 1639 |
| Inception Date | Nov 1, 1994 |
About MXLMX
Empower Multi-Sector Bond Fund Investor Class is an open-end mutual fund designed to deliver high total return through a combination of current income and capital appreciation. The strategy invests primarily in fixed income, allocating across multiple sectors including U.S. government obligations, investment-grade and high-yield corporates, securitized assets, and foreign bonds to diversify sources of income and credit risk. Under normal conditions, the portfolio invests at least 80% of assets in fixed income securities and may allocate a substantial sleeve to below-investment-grade issues within a multi-sector framework, aligning with its category’s flexible mandate. The fund exhibits a moderate interest rate profile, with an effective duration positioned around the intermediate range, and distributes income on a semiannual schedule. It has a long operating history since 1994 and seeks to balance relative value, structural fit, and total return potential while maintaining broad diversification, as reflected by a large number of holdings and a low concentration in top positions. This approach positions the fund as a core-plus fixed income option for investors seeking diversified bond exposure across economic cycles.
Performance
MXLMX had a total return of 2.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.69%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MXUGX | Institutional Class | 0.55% |
Top 10 Holdings
13.10% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes - T 3.75 04/30/27 | T | 3.03% |
| United States Treasury Notes - T 4 03/31/30 | T | 2.99% |
| Dreyfus Institutional Reserves Funds - Dreyfus Institutional Preferred Government Money Market Fund | DSVXX | 1.89% |
| United States Treasury Notes - T 4 02/15/34 | T | 0.98% |
| United States Treasury Bills - B 0 12/26/25 | B | 0.97% |
| United States Treasury Notes - T 4 02/28/30 | T | 0.96% |
| EchoStar Corp. - SATS 10.75 11/30/29 . | SATS | 0.69% |
| United States Treasury Bills - B 0 12/18/25 | B | 0.61% |
| Federal Home Loan Mortgage Corp. - FR SL0627 | FHLMC | 0.51% |
| United States Treasury Bonds - T 4.5 11/15/54 | T | 0.46% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 5, 2025 | $0.03851 | Sep 8, 2025 |
| Dec 27, 2024 | $0.46612 | Dec 30, 2024 |
| Sep 6, 2024 | $0.00983 | Sep 9, 2024 |
| Dec 27, 2023 | $0.2123 | Dec 28, 2023 |
| Sep 6, 2023 | $0.01364 | Sep 7, 2023 |
| Jun 23, 2023 | $0.17758 | Jun 26, 2023 |