About MXTBX
Empower Lifetime 2035 Fund Institutional Class is a target-date mutual fund designed to help investors prepare for retirement around the year 2035. Its primary function is to provide capital appreciation and income by investing in a professionally managed, diversified mix of underlying portfolios encompassing equities, bonds, and other asset classes. Notably, the fund dynamically adjusts its asset allocation over time: early in its lifecycle, it allocates more heavily to equities to capture growth potential, then gradually shifts toward fixed-income and more conservative investments as the target date approaches, aiming to reduce volatility and protect accumulated capital. The fund commonly holds large blend equities, U.S. and international stocks, as well as core bond exposures, reflecting its focus on broad diversification. Empower Lifetime 2035 Fund Institutional Class plays a significant role in retirement planning, offering a simplified, all-in-one investment solution for individuals seeking both growth and risk mitigation as they approach retirement.
Fund Family Empower Funds
Category Target-Date 2035
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol MXTBX
Share Class Institutional Class
Index MSCI AC World NR USD
MXTBX had a total return of 14.06% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.02%.
