Empower Short Duration Bond Fund Institutional Class (MXXJX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.53
0.00 (0.00%)
Jan 28, 2025, 4:00 PM EST
-0.31% (1Y)
| Fund Assets | 239.80M |
| Expense Ratio | 0.24% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 5.13% |
| Dividend Growth | 60.27% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 9.53 |
| YTD Return | 0.53% |
| 1-Year Return | -0.31% |
| 5-Year Return | 5.96% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 355 |
| Inception Date | May 1, 2015 |
About MXXJX
The Fund's investment strategy focuses on Short Inv Grade with 0.25% total expense ratio. The Portfolio seeks the preservation of capital, liquidity, and maximum total return through investment in an actively managed portfolio of debt securities. The Portfolio will invest in short-term investment grade bonds.
Category Short-Term Bond
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol MXXJX
Share Class Institutional Class
Index Bloomberg 1-3 Y Credit TR
Performance
MXXJX had a total return of -0.31% in the past year. Since the fund's inception, the average annual return has been 1.67%, including dividends.
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 Fund | 0.45% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MXSDX | Investor Class | 0.59% |
Top 10 Holdings
14.76% of assets| Name | Symbol | Weight |
|---|---|---|
| Federal National Mortgage Association - FNMDN 0 01/08/25 | FNMA | 4.62% |
| Federal Home Loan Banks - FHLBDN 0 01/14/25 | FHLB | 2.15% |
| Bank of America Corporation | BAC | 1.69% |
| Banco Santander, S.A. - SANTAN V1.722 09/14/27 | SANTAN | 0.96% |
| Morgan Stanley | MS | 0.96% |
| JPMorgan Chase & Co. | JPM | 0.92% |
| Netflix, Inc. | NFLX | 0.88% |
| The Boeing Company | BA | 0.87% |
| AutoNation, Inc. | AN | 0.87% |
| UBS Group AG | UBS | 0.84% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.49229 | Dec 30, 2024 |
| Dec 27, 2023 | $0.06686 | Dec 28, 2023 |
| Sep 26, 2023 | $0.07853 | Sep 27, 2023 |
| Sep 6, 2023 | $0.0057 | Sep 7, 2023 |
| Jun 23, 2023 | $0.076 | Jun 26, 2023 |
| Mar 27, 2023 | $0.08007 | Mar 28, 2023 |