Empower Lifetime 2045 Fund Institutional Class (MXWEX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
6.01
+0.02 (0.33%)
At close: Feb 13, 2026
Fund Assets1.33B
Expense Ratio0.55%
Min. Investment$0.00
Turnover15.00%
Dividend (ttm)0.77
Dividend Yield12.73%
Dividend Growth-18.78%
Payout FrequencySemi-Annual
Ex-Dividend DateDec 30, 2025
Previous Close5.99
YTD Return3.80%
1-Year Return17.60%
5-Year Return44.85%
52-Week Low4.45
52-Week High6.06
Beta (5Y)n/a
Holdings21
Inception DateMay 1, 2015

About MXWEX

Empower Lifetime 2045 Fund – Institutional Class is a target-date mutual fund designed to provide a professionally managed glide path for investors planning to retire around 2045. Its primary objective is capital appreciation and income during the accumulation years, shifting to prioritize income—with capital growth secondary—after the target year. The fund invests across a diversified mix of underlying equity and fixed income strategies, including U.S. large-cap, international developed and emerging markets, mid-cap styles, and core bond exposures, reflecting a broad, multi-asset allocation approach. It is part of the Empower Lifetime series managed by Empower Capital Management, which allocates among affiliated index and actively managed building blocks to balance growth potential with risk management over time. Within the target-date 2045 category, it serves workplace retirement savers and institutional platforms seeking an all-in-one option that automatically becomes more conservative as retirement approaches. According to independent fund data providers, fees and share-class structures vary, and holdings are concentrated in Empower-branded index and active funds alongside select third-party components, aligning the portfolio with long-term retirement objectives.

Fund Family Empower Funds
Category Target-Date 2045
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MXWEX
Share Class Institutional Class
Index MSCI AC World NR USD

Performance

MXWEX had a total return of 17.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 24.36%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
MXQLXInvestor Class0.90%
MXRLXService Class1.00%

Top 10 Holdings

78.39% of assets
NameSymbolWeight
Empower S&P 500® Index Institutionaln/a26.59%
Empower International Index Instln/a10.80%
Empower Large Cap Value InstlMXVHX5.92%
Empower Mid Cap Value Fund Institutional ClassMXKJX5.89%
Empower International Value Fund Institutional ClassMXJVX5.72%
Empower Large Cap Growth Fund Institutional ClassMXGSX5.48%
Empower T. Rowe Price Mid Cap Growth Fund Institutional ClassMXYKX5.41%
Empower International Growth Fund Institutional ClassMXHTX5.06%
Empower Bond Index Institutionaln/a3.99%
Empower Emerging Markets Equity Fund Institutional ClassMXENX3.54%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 30, 2025$0.31112Dec 31, 2025
Sep 9, 2025$0.45404Sep 10, 2025
Dec 30, 2024$0.41775Dec 31, 2024
Sep 10, 2024$0.52431Sep 11, 2024
Dec 28, 2023$0.27764Dec 29, 2023
Sep 8, 2023$0.31019Sep 11, 2023
Full Dividend History