Empower Lifetime 2045 Svc (MXRLX)
| Fund Assets | 1.33B |
| Expense Ratio | 0.98% |
| Min. Investment | $0.00 |
| Turnover | 15.00% |
| Dividend (ttm) | 0.69 |
| Dividend Yield | 4.20% |
| Dividend Growth | -20.88% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 16.38 |
| YTD Return | 9.86% |
| 1-Year Return | 18.35% |
| 5-Year Return | 41.17% |
| 52-Week Low | 14.34 |
| 52-Week High | 16.50 |
| Beta (5Y) | 0.93 |
| Holdings | 22 |
| Inception Date | May 1, 2009 |
About MXRLX
Empower Lifetime 2045 Service Fund is a target-date mutual fund designed to help investors save for retirement with an expected retirement year around 2045. The fund’s asset allocation is actively managed to seek capital appreciation and income during its growth phase, gradually becoming more conservative as it approaches the target year to prioritize income while continuing to seek some growth potential thereafter. It achieves broad diversification by investing in a mix of underlying funds that span U.S. and international stocks, bonds, and other asset classes, with major holdings including Empower S&P 500 Index Institutional, Empower International Index Institutional, and various large- and mid-cap equity strategies. With over $1.2 billion in assets, the fund is positioned as a core offering in retirement plans, providing an all-in-one investment solution that automatically adjusts its risk profile over time. The fund is part of Empower’s series of target-date solutions, which utilize both active and passive management approaches and partner with a wide array of asset managers to deliver diversity in investment style and market exposure.
Performance
MXRLX had a total return of 18.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.63%.
Top 10 Holdings
78.24% of assets| Name | Symbol | Weight |
|---|---|---|
| Empower S&P 500 Index Institutional | MXKWX | 28.04% |
| Empower International Index Instl | MXPBX | 10.64% |
| EMPOWER FUNDS INC - LARGE CAP VALUE-INST | MXVHX | 6.35% |
| Empower Large Cap Growth Instl | MXGSX | 5.77% |
| Empower International Value Instl | MXJVX | 5.71% |
| Empower International Growth Instl | MXHTX | 4.95% |
| Empower Mid Cap Value Instl | MXKJX | 4.75% |
| Empower T. Rowe Price Mid Cp Gr Instl | MXYKX | 4.39% |
| Empower Bond Index Institutional | MXCOX | 4.35% |
| Fidelity Emerging Markets Index Fund | FPADX | 3.30% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.23214 | Dec 31, 2025 |
| Sep 9, 2025 | $0.45541 | Sep 10, 2025 |
| Dec 30, 2024 | $0.34468 | Dec 31, 2024 |
| Sep 10, 2024 | $0.52431 | Sep 11, 2024 |
| Dec 28, 2023 | $0.21183 | Dec 29, 2023 |
| Sep 8, 2023 | $0.31019 | Sep 11, 2023 |