Empower Lifetime 2045 Svc (MXRLX)

Fund Assets	1.33B
Expense Ratio	0.98%
Min. Investment	$0.00
Turnover	15.00%
Dividend (ttm)	0.23
Dividend Yield	1.40%
Dividend Growth	-7.02%
Payout Frequency	n/a
Ex-Dividend Date	Dec 30, 2025

Previous Close	16.75
YTD Return	12.34%
1-Year Return	16.91%
5-Year Return	42.17%
52-Week Low	14.34
52-Week High	16.87
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.

• Fund Family: Empower Funds
• Category: Target-Date 2045
• Performance Rating: Low
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MXRLX
• Share Class: Service Class
• Index: MSCI AC World NR USD

Performance

MXRLX had a total return of 16.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.71%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MXWEX	Institutional Class	0.53%
MXQLX	Investor Class	0.88%

Top 10 Holdings

78.06% of assets

Name	Symbol	Weight
Empower S&P 500® Index Institutional	MXKWX	28.13%
Empower International Index Instl	MXPBX	10.49%
Empower Large Cap Value Instl	MXVHX	6.28%
Empower Large Cap Growth Instl	MXGSX	5.83%
Empower International Value Instl	MXJVX	5.54%
Empower International Growth Instl	MXHTX	4.96%
Empower Mid Cap Value Instl	MXKJX	4.73%
Empower T. Rowe Price Mid Cp Gr Instl	MXYKX	4.50%
Empower Bond Index Institutional	MXCOX	4.33%
Empower Real Estate Index Instl	MXSFX	3.28%

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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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