Empower Lifetime 2015 Instl (MXNYX)
| Fund Assets | 461.37M |
| Expense Ratio | 0.39% |
| Min. Investment | $0.00 |
| Turnover | 14.00% |
| Dividend (ttm) | 0.55 |
| Dividend Yield | 7.15% |
| Dividend Growth | -16.39% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 7.70 |
| YTD Return | 4.91% |
| 1-Year Return | 10.06% |
| 5-Year Return | 22.36% |
| 52-Week Low | 7.20 |
| 52-Week High | 7.77 |
| Beta (5Y) | 0.48 |
| 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 10.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.83%.
Top 10 Holdings
79.30% of assets| Name | Symbol | Weight |
|---|---|---|
| Empower S&P 500 Index Institutional | MXKWX | 14.10% |
| EMPOWER - GUARANTEED FUNDING ACCOUNT | n/a | 13.99% |
| Empower Inflation-Protected Securities Fund Institutional Class | MXIOX | 13.78% |
| Empower Bond Index Institutional | MXCOX | 9.14% |
| Empower Short Duration Bond Instl | MXXJX | 6.00% |
| Empower Core Bond Instl | MXIUX | 5.48% |
| Empower Multi-Sector Bond Instl | MXUGX | 5.44% |
| Empower Global Bond Institutional | MXZMX | 4.33% |
| Empower International Index Instl | MXPBX | 3.85% |
| EMPOWER FUNDS INC - LARGE CAP VALUE-INST | MXVHX | 3.20% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.39554 | Dec 31, 2025 |
| 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 |