Empower Lifetime 2055 Svc (MXXLX)
| Fund Assets | 700.16M |
| Expense Ratio | 0.98% |
| Min. Investment | $0.00 |
| Turnover | 15.00% |
| Dividend (ttm) | 0.60 |
| Dividend Yield | 2.68% |
| Dividend Growth | -20.56% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 22.21 |
| YTD Return | 10.77% |
| 1-Year Return | 19.85% |
| 5-Year Return | 43.89% |
| 52-Week Low | 18.95 |
| 52-Week High | 22.38 |
| Beta (5Y) | 0.95 |
| Holdings | 21 |
| Inception Date | May 1, 2009 |
About MXXLX
The Empower Lifetime 2055 Fund Service Class is a target-date mutual fund designed for investors planning to retire around the year 2055 or use their invested funds starting approximately then. Its primary objective is capital appreciation and income consistent with an asset allocation that gradually shifts to more conservative investments as the target date approaches, following a preset glide path. The fund invests in a diversified mix of underlying funds, including equities across sectors such as technology, financial services, healthcare, and consumer cyclical, as well as fixed income and other asset classes. This approach aims to balance growth potential and risk management for long-term retirement planning. The fund is part of a series offering multiple target dates, providing a structured investment solution tailored to the retirement timeline of its investors. It plays a significant role in financial markets by offering a professionally managed, diversified portfolio that adjusts asset exposure over time to align with retirement goals, making it a core component in many retirement strategies.
Performance
MXXLX had a total return of 19.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.84%.
Top 10 Holdings
82.91% of assets| Name | Symbol | Weight |
|---|---|---|
| Empower S&P 500 Index Institutional | MXKWX | 28.96% |
| Empower International Index Instl | MXPBX | 12.14% |
| EMPOWER FUNDS INC - LARGE CAP VALUE-INST | MXVHX | 6.55% |
| Empower International Value Instl | MXJVX | 6.52% |
| Empower Large Cap Growth Instl | MXGSX | 5.95% |
| Empower International Growth Instl | MXHTX | 5.65% |
| Empower Mid Cap Value Instl | MXKJX | 4.75% |
| Empower T. Rowe Price Mid Cp Gr Instl | MXYKX | 4.40% |
| Fidelity Emerging Markets Index Fund | FPADX | 4.01% |
| Empower Emerging Markets Equity Inst | MXENX | 3.98% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.16735 | Dec 31, 2025 |
| Sep 9, 2025 | $0.4289 | Sep 10, 2025 |
| Dec 30, 2024 | $0.28308 | Dec 31, 2024 |
| Sep 10, 2024 | $0.4675 | Sep 11, 2024 |
| Dec 28, 2023 | $0.22736 | Dec 29, 2023 |
| Sep 8, 2023 | $0.30783 | Sep 11, 2023 |