Empower Global Bond Institutional (MXZMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.07
0.00 (0.00%)
Sep 12, 2025, 4:00 PM EDT
Fund Assets578.41M
Expense Ratio0.65%
Min. Investment$0.00
Turnover197.00%
Dividend (ttm)0.23
Dividend Yield2.81%
Dividend Growthn/a
Payout FrequencyAnnual
Ex-Dividend DateSep 5, 2025
Previous Close8.07
YTD Return7.74%
1-Year Return-0.12%
5-Year Return-8.98%
52-Week Low7.37
52-Week High8.13
Beta (5Y)n/a
Holdings1024
Inception DateMay 1, 2015

About MXZMX

Empower Global Bond Fund Institutional Class is a mutual fund specializing in global fixed-income securities. Its primary objective is to provide investors with current income while pursuing capital appreciation and growth of income over time. The fund achieves this by investing at least 80% of its net assets in bonds issued by both U.S. and international entities, typically spanning at least three different countries. The fund’s portfolio holds a broad mix of debt securities, including bonds and notes of varying maturities, and it may also maintain exposure to multiple foreign currencies. This extensive diversification aims to mitigate risk and capitalize on opportunities across global bond markets. With over 800 individual holdings and nearly $500 million in assets under management, the fund offers institutional investors diversified access to the world bond category. Its role in the financial markets is to serve as a vehicle for broad international income generation and portfolio diversification, making it relevant for those seeking global fixed-income exposure within an actively managed strategy.

Fund Family Empower Funds
Category World Bond
Stock Exchange NASDAQ
Ticker Symbol MXZMX
Share Class Institutional Class
Index Bloomberg Global Aggregate Bond TR

Performance

MXZMX had a total return of -0.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.23%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
MXGBXInvestor Class1.00%

Top 10 Holdings

31.98% of assets
NameSymbolWeight
BANK OF AMERICAn/a7.46%
DEUTSCHE BANKn/a4.55%
HSBC SECURITIES INCn/a4.39%
United States Treasury Notes - T 3.125 08/15/25T2.54%
HSBC SECURITIES INCn/a2.45%
CITIGROUP GLOBAL MARKETSn/a2.29%
United States Treasury Notes - T 3.875 05/31/27T2.25%
HSBC SECURITIES INCn/a2.05%
CITIGROUP GLOBAL MARKETSn/a2.00%
HSBC SECURITIES INCn/a2.00%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Sep 5, 2025$0.02413Sep 8, 2025
Dec 27, 2024$0.2023Dec 30, 2024
Jun 23, 2023$0.06805Jun 26, 2023
Sep 6, 2022$0.03317Sep 7, 2022
Jun 23, 2022$0.06079Jun 24, 2022
Jun 23, 2021$0.01733Jun 24, 2021
Full Dividend History