Empower Lifetime 2015 Inv (MXLYX)
| Fund Assets | 454.52M |
| Expense Ratio | 0.76% |
| Min. Investment | $0.00 |
| Turnover | 14.00% |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 3.63% |
| Dividend Growth | 7.18% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Sep 9, 2025 |
| Previous Close | 13.88 |
| YTD Return | 7.18% |
| 1-Year Return | 5.02% |
| 5-Year Return | 29.83% |
| 52-Week Low | 12.43 |
| 52-Week High | 13.99 |
| Beta (5Y) | n/a |
| Holdings | 22 |
| Inception Date | May 1, 2009 |
About MXLYX
Empower Lifetime 2015 Fund – Investor Class is a target-date mutual fund designed for investors who reached retirement around 2015 and seek a professionally managed, progressively conservative allocation. The fund invests primarily in a curated mix of underlying Empower funds, spanning U.S. and international equities, investment‑grade core bonds, short‑duration debt, global bonds, and inflation‑protected securities to balance income needs and capital preservation in retirement. Its glide path emphasizes reduced equity exposure and increased fixed income and inflation‑hedging as investors transition into and through retirement. Notable underlying allocations include broad U.S. equity index exposure alongside core bond and TIPS strategies, complemented by short‑duration and multisector bond sleeves for diversification. The strategy is managed within the Target‑Date 2015 category and maintains a relatively concentrated roster of underlying holdings while achieving diversification through those vehicles. By consolidating asset allocation, rebalancing, and manager selection inside a single fund, it serves as a turnkey solution for retirees who prefer systematic risk management and income-oriented portfolio construction.
Performance
MXLYX had a total return of 5.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.44%.
Top 10 Holdings
77.76% of assets| Name | Symbol | Weight |
|---|---|---|
| Empower S&P 500 Index Institutional | MXKWX | 13.69% |
| EMPOWER - GUARANTEED FUNDING ACCOUNT | n/a | 13.27% |
| Great-West Funds Inc - Inflation Protected Securities Fund | MXIOX | 13.16% |
| Empower Bond Index Institutional | MXCOX | 9.29% |
| Empower Short Duration Bond Instl | MXXJX | 5.72% |
| Empower Core Bond Instl | MXIUX | 5.57% |
| Empower Multi-Sector Bond Instl | MXUGX | 5.52% |
| Empower Global Bond Institutional | MXZMX | 4.36% |
| Empower International Index Instl | MXPBX | 3.96% |
| Empower Mid Cap Value Instl | MXKJX | 3.22% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 9, 2025 | $0.15559 | Sep 10, 2025 |
| Dec 30, 2024 | $0.34736 | Dec 31, 2024 |
| Sep 10, 2024 | $0.26178 | Sep 11, 2024 |
| Dec 28, 2023 | $0.20749 | Dec 29, 2023 |
| Sep 8, 2023 | $0.22234 | Sep 11, 2023 |
| Jun 27, 2023 | $0.11888 | Jun 28, 2023 |