Empower Lifetime 2015 Instl (MXNYX)
| Fund Assets | 454.52M |
| Expense Ratio | 0.41% |
| Min. Investment | $0.00 |
| Turnover | 14.00% |
| Dividend (ttm) | 0.55 |
| Dividend Yield | 7.26% |
| Dividend Growth | 6.25% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Sep 9, 2025 |
| Previous Close | 7.58 |
| YTD Return | 6.16% |
| 1-Year Return | 4.18% |
| 5-Year Return | 30.08% |
| 52-Week Low | 6.86 |
| 52-Week High | 7.73 |
| Beta (5Y) | n/a |
| Holdings | 22 |
| Inception Date | May 1, 2015 |
About MXNYX
Empower Lifetime 2015 Fund Institutional Class is a target-date mutual fund designed for investors who reached or passed their target retirement year around 2015. Its primary objective is to generate income while pursuing secondary capital growth, reflecting a conservative, post-retirement glide path that blends equities with a larger allocation to fixed income and cash equivalents. The fund implements a professionally constructed asset mix through underlying Empower-managed strategies, providing diversified exposure across U.S. and international stocks, investment-grade and other bond sectors, and cash instruments to balance return and longevity risk. Notable structural features include an institutional share class with an expense ratio around the low-0.4% range and a multi-manager approach under Empower’s oversight, aiming for disciplined rebalancing and risk management as investors age. Launched in 2015, it sits within the Target-Date 2015 category and serves as a core option in retirement plans for participants seeking a turnkey, age-appropriate allocation that emphasizes steady distributions and portfolio stability in the retirement income phase.
Performance
MXNYX had a total return of 4.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.36%.
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 | $0.15486 | Sep 10, 2025 |
| Dec 30, 2024 | $0.39654 | Dec 31, 2024 |
| Sep 10, 2024 | $0.26178 | Sep 11, 2024 |
| Dec 28, 2023 | $0.25719 | Dec 29, 2023 |
| Sep 8, 2023 | $0.19685 | Sep 11, 2023 |
| Jun 27, 2023 | $0.14251 | Jun 28, 2023 |