Empower Short Duration Bond Inv (MXSDX)
| Fund Assets | 489.61M |
| Expense Ratio | 0.59% |
| Min. Investment | $0.00 |
| Turnover | 96.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 4.42% |
| Dividend Growth | n/a |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Sep 5, 2025 |
| Previous Close | 10.68 |
| YTD Return | 3.99% |
| 1-Year Return | -0.56% |
| 5-Year Return | 5.94% |
| 52-Week Low | 10.26 |
| 52-Week High | 10.77 |
| Beta (5Y) | n/a |
| Holdings | 422 |
| Inception Date | Aug 1, 1995 |
About MXSDX
Empower Short Duration Bond Fund Investor Class is an open-end mutual fund focused on high-quality, U.S.-dollar fixed income with a short interest-rate profile. Its primary objective is to provide current income while limiting interest-rate sensitivity by maintaining a typical duration range of about one to three and a half years, consistent with the short-term bond category. The portfolio invests predominantly in investment-grade corporate bonds, U.S. Treasury notes and bills, and securitized instruments such as asset-backed securities, supplemented by cash equivalents for liquidity management. This short-duration orientation aims to dampen price volatility relative to intermediate and long-term bond strategies, aligning it with more conservative fixed income allocations. The fund’s holdings have included issues from major U.S. financial institutions alongside U.S. government securities, reflecting a diversified credit mix within investment grade. Category placement and peer comparisons position it as a core short-term bond option for investors seeking capital preservation with income and reduced rate risk versus longer-duration funds.
Performance
MXSDX had a total return of -0.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.67%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FYBTX | Fidelity | Fidelity Series Short-Term Credit | 0.45% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MXXJX | Institutional Class | 0.24% |
Top 10 Holdings
17.34% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes - T 3.875 05/31/27 | T | 6.04% |
| Federal Home Loan Banks - FHLBDN 0 07/28/25 | FHLB | 4.22% |
| Bank of America Corp. - BAC V6.204 11/10/28 | BAC | 1.28% |
| Ally Financial Inc. - ALLY 5.75 11/20/25 | ALLY | 1.09% |
| The Boeing Company - BA 2.75 02/01/26 | BA | 0.91% |
| Sprint Capital Corporation - S 6.875 11/15/28 | S | 0.83% |
| Athene Global Funding - ATH 1.73 10/02/26 144A | ATH | 0.75% |
| Targa Resources Corp. 0% CP 01/07/2025 | TRGP | 0.74% |
| Banco Santander, S.A. - SANTAN V1.722 09/14/27 | SANTAN | 0.74% |
| Morgan Stanley - MS 3.95 04/23/27 | MS | 0.73% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 5, 2025 | $0.01585 | Sep 8, 2025 |
| Dec 27, 2024 | $0.45541 | Dec 30, 2024 |
| Dec 27, 2023 | $0.02674 | Dec 28, 2023 |
| Sep 26, 2023 | $0.06685 | Sep 27, 2023 |
| Sep 6, 2023 | $0.00605 | Sep 7, 2023 |
| Jun 23, 2023 | $0.06624 | Jun 26, 2023 |