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Empower Aggressive Profile Fund
mutual fund
MXAPX
Payout Change
Pending
Price as of:
$6.04
+0.02
+0.33%
primary theme
U.S. Growth Allocation
share class
MXAPX (Mutual Fund)
Empower Aggressive Profile Fund
Payout Change
Pending
Price as of:
$6.04
+0.02
+0.33%
primary theme
U.S. Growth Allocation
share class
MXAPX (Mutual Fund)
Empower Aggressive Profile Fund
Payout Change
Pending
Price as of:
$6.04
+0.02
+0.33%
primary theme
U.S. Growth Allocation
share class
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
16.6%
1 yr return
19.6%
3 Yr Avg Return
2.2%
5 Yr Avg Return
7.2%
Net Assets
$819 M
Holdings in Top 10
100.0%
52 WEEK LOW AND HIGH
$6.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.16%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 26.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
MXAPX - Profile
Distributions
- YTD Total Return 16.6%
- 3 Yr Annualized Total Return 2.2%
- 5 Yr Annualized Total Return 7.2%
- Capital Gain Distribution Frequency Semi-Monthly
- Net Income Ratio 5.31%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameEmpower Aggressive Profile Fund
-
Fund Family NameGreat-West Funds
-
Inception DateAug 01, 2019
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Corwin
Fund Description
Below is a summary of the principal investment strategies of the Fund.The Fund is a “fund-of-funds” that seeks to achieve its objective by investing in a professionally selected mix of mutual funds. The mutual funds are referred to as the “Underlying Funds.” The Fund has a primary emphasis on growth of capital and a secondary emphasis on income. Empower Capital Management, LLC (“ECM”), the Fund’s investment adviser, uses asset allocation strategies to allocate the Fund’s assets among different broad asset classes and the Underlying Funds. The following table shows the Fund’s asset allocation ranges as of the date of this Prospectus:EQUITYInternational10-40%Emerging Markets0-15%Small Cap5-35%Mid Cap10-40%Large Cap25-45%Real Estate0-10%FIXED INCOMEBond0-10%Short-Term Bond0-10%Each Underlying Fund has its own investment objectives and strategies and may hold a wide range of securities and other instruments in its portfolio, including, without limitation, U.S. and foreign equity securities (including those from emerging markets), U.S. and foreign fixed income securities (including those rated below investment grade), real estate investments, short-term investments and derivatives. The following table shows the Fund’s target allocation for the various asset classes and the Underlying Funds in which the Fund expects to invest as of the date of this Prospectus:Large Cap34.01%Emerging Markets6.79%Empower Large Cap Growth Fund InstitutionalEmpower Emerging Markets Equity Fund InstitutionalEmpower Large Cap Value Fund InstitutionalReal Estate3.00%Mid Cap18.54%Empower Real Estate Index Fund InstitutionalEmpower Mid Cap Value Fund InstitutionalEmpower T. Rowe Mid Cap Growth Fund InstitutionalSmall Cap12.01%Empower Small Cap Growth Fund InstitutionalEmpower Small Cap Value Fund InstitutionalInternational25.65%Empower International Growth Fund InstitutionalEmpower International Value Fund InstitutionalThe Fund will rebalance its holdings of the Underlying Funds on a periodic basis to maintain the appropriate asset allocations. ECM reviews asset class allocations, Underlying Fund allocations, and the Underlying Funds on a quarterly basis, or more frequently as deemed necessary. ECM may add or delete asset classes, change target asset class or Underlying Fund allocations, or add or delete Underlying Funds at any time without shareholder notice or approval.
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MXAPX - Performance
Return Ranking - Trailing
| Period | MXAPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.6% | 9.9% | 25.9% | 74.32% |
| 1 Yr | 19.6% | 13.5% | 35.3% | 68.85% |
| 3 Yr | 2.2%* | -7.5% | 7.7% | 90.06% |
| 5 Yr | 7.2%* | 1.7% | 15.1% | 90.18% |
| 10 Yr | N/A* | 1.8% | 13.0% | 95.80% |
* Annualized
Return Ranking - Calendar
| Period | MXAPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 10.4% | -6.6% | 33.6% | 86.89% |
| 2022 | -26.1% | -44.4% | -9.8% | 58.01% |
| 2021 | 4.9% | -24.1% | 18.9% | 84.80% |
| 2020 | 6.5% | -10.9% | 60.4% | 79.14% |
| 2019 | N/A | 5.9% | 36.4% | 84.24% |
Total Return Ranking - Trailing
| Period | MXAPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.6% | 9.9% | 25.9% | 74.32% |
| 1 Yr | 19.6% | 13.5% | 35.3% | 68.85% |
| 3 Yr | 2.2%* | -7.5% | 7.7% | 90.06% |
| 5 Yr | 7.2%* | 1.7% | 15.1% | 90.18% |
| 10 Yr | N/A* | 1.8% | 13.0% | 97.48% |
* Annualized
Total Return Ranking - Calendar
| Period | MXAPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 16.9% | 1.4% | 34.9% | 68.85% |
| 2022 | -15.2% | -43.2% | -3.8% | 15.47% |
| 2021 | 7.4% | -24.1% | 26.7% | 96.49% |
| 2020 | 12.0% | -5.3% | 62.8% | 85.28% |
| 2019 | N/A | 12.4% | 52.6% | 80.61% |
NAV & Total Return History
MXAPX - Holdings
Concentration Analysis
| MXAPX | Category Low | Category High | MXAPX % Rank | |
|---|---|---|---|---|
| Net Assets | 819 M | 10.9 M | 130 B | 45.90% |
| Number of Holdings | 10 | 5 | 8145 | 84.70% |
| Net Assets in Top 10 | 736 M | 7.75 M | 26.1 B | 48.09% |
| Weighting of Top 10 | 100.03% | 20.0% | 106.4% | 3.28% |
Top 10 Holdings
- LARGE CAP VALUE-INST 24.34%
- MFS INTL VALUE FUND-INST 18.27%
- GS MID CAP VALUE FUND-INST 13.21%
- MULTI-MAN LRG CAP GROWTH-INST 9.70%
- SMALL CAP VALUE FUND-INST 8.45%
- MFS INTL GROWTH FUND-INST 7.33%
- EM EQUITY FUND INST CL 7.08%
- TROWE PRICE MIDCAP GROWTH-INST 5.27%
- MULTI MGR SCG FUND INST 3.39%
- REAL ESTATE INDEX FUND-INST 2.99%
Asset Allocation
| Weighting | Return Low | Return High | MXAPX % Rank | |
|---|---|---|---|---|
| Stocks | 100.03% | 0.00% | 100.04% | 2.73% |
| Preferred Stocks | 0.00% | 0.00% | 4.55% | 49.73% |
| Other | 0.00% | -57.83% | 9.83% | 48.63% |
| Convertible Bonds | 0.00% | 0.00% | 3.88% | 80.33% |
| Cash | 0.00% | 0.00% | 15.20% | 87.43% |
| Bonds | 0.00% | 0.00% | 170.81% | 59.02% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MXAPX % Rank | |
|---|---|---|---|---|
| Financial Services | 17.13% | 9.56% | 42.24% | 21.98% |
| Technology | 15.56% | 1.75% | 32.38% | 87.91% |
| Industrials | 13.84% | 1.80% | 14.87% | 3.85% |
| Healthcare | 12.12% | 2.06% | 19.02% | 80.22% |
| Consumer Cyclical | 10.16% | 1.15% | 24.72% | 77.47% |
| Consumer Defense | 7.44% | 0.47% | 14.80% | 19.78% |
| Real Estate | 6.05% | 0.00% | 28.04% | 15.93% |
| Communication Services | 5.97% | 1.90% | 13.69% | 76.92% |
| Basic Materials | 5.49% | 0.00% | 8.62% | 21.98% |
| Energy | 3.12% | 0.00% | 31.98% | 67.58% |
| Utilities | 3.11% | 0.00% | 15.29% | 31.87% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MXAPX % Rank | |
|---|---|---|---|---|
| US | 100.03% | 0.00% | 100.04% | 2.73% |
| Non US | 0.00% | 0.00% | 32.92% | 53.55% |
MXAPX - Expenses
Operational Fees
| MXAPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.16% | 0.23% | 3.92% | 44.81% |
| Management Fee | 0.10% | 0.00% | 1.30% | 44.26% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 7.63% |
| Administrative Fee | N/A | 0.01% | 0.28% | 97.47% |
Sales Fees
| MXAPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| MXAPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| MXAPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 26.00% | 0.18% | 300.02% | 64.71% |
MXAPX - Distributions
Dividend Yield Analysis
| MXAPX | Category Low | Category High | MXAPX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 8.81% | 30.05% |
Dividend Distribution Analysis
| MXAPX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| MXAPX | Category Low | Category High | MXAPX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 5.31% | -0.65% | 5.31% | 1.11% |
Capital Gain Distribution Analysis
| MXAPX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Monthly | Annually | Semi-Monthly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 10, 2024 | $0.276 | CapitalGainLongTerm |
| Dec 28, 2023 | $0.091 | OrdinaryDividend |
| Dec 28, 2023 | $0.031 | CapitalGainLongTerm |
| Sep 08, 2023 | $0.055 | OrdinaryDividend |
| Sep 08, 2023 | $0.113 | CapitalGainLongTerm |
| Jun 27, 2023 | $0.021 | OrdinaryDividend |
| Dec 29, 2022 | $0.265 | CapitalGainLongTerm |
| Sep 08, 2022 | $0.075 | OrdinaryDividend |
| Sep 08, 2022 | $0.372 | CapitalGainLongTerm |
| Jun 27, 2022 | $0.015 | OrdinaryDividend |
| Sep 07, 2021 | $0.070 | OrdinaryDividend |
| Sep 07, 2021 | $0.095 | CapitalGainLongTerm |
| Jun 25, 2021 | $0.011 | OrdinaryDividend |
| Sep 08, 2020 | $0.068 | OrdinaryDividend |
| Sep 08, 2020 | $0.183 | CapitalGainLongTerm |
| Jun 26, 2020 | $0.021 | OrdinaryDividend |
| Sep 10, 2019 | $0.747 | CapitalGainLongTerm |
| Sep 10, 2019 | $0.100 | OrdinaryDividend |
| Jun 26, 2019 | $0.025 | OrdinaryDividend |
| Dec 28, 2018 | $0.049 | OrdinaryDividend |
| Dec 28, 2018 | $0.390 | CapitalGainLongTerm |
| Sep 11, 2018 | $0.110 | ExtraDividend |
| Sep 11, 2018 | $0.406 | CapitalGainLongTerm |
| Jun 27, 2018 | $0.021 | OrdinaryDividend |
| Dec 28, 2017 | $0.102 | OrdinaryDividend |
| Dec 28, 2017 | $0.341 | CapitalGainLongTerm |
MXAPX - Fund Manager Analysis
Managers
Andrew Corwin
Start Date
Tenure
Tenure Rank
May 01, 2014
8.09
8.1%
Andrew Corwin, CFA, Portfolio Manager, has managed since 2014. Andrew Corwin, Assistant Portfolio Manager, has joined Great-West Capital Management, LLC since 2011. Mr. Corwin was previously an Investment Analyst and Investment Consultant at Strategies, LLC 2009-2011. Mr. Corwin received a B.S. in business administration with an emphasis in finance as well as a minor in mathematics from the University of Colorado.
Maria Mendelsberg
Start Date
Tenure
Tenure Rank
Apr 30, 2018
4.09
4.1%
Maria Mendelsberg, CFA, Portfolio Manager, has managed the Funds since 2018. In addition to the Funds, Ms. Mendelsberg manages the Great-West Profile Funds, Great-West Conservative Lifetime Funds, and Great-West SecureFoundation Funds. Ms. Mendelsberg was previously a Partner and Investment Principal/Equity Analyst at Cambiar Investors from 1997-2016. Ms. Mendelsberg received a B.A. in Economics and Classics from Brown University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.19 | 26.6 | 6.51 | 2.41 |
