- What does MXAPX invest in?
- The Empower Aggressive Profile Fund primarily allocates its capital across various underlying equity-focused funds, following a defined investment strategy with specific allocation ranges. Its portfolio typically includes 10% to 40% in international investments, alongside up to 15% dedicated to emerging markets. Within domestic equities, the fund may commit 5% to 35% to small-capitalization funds, 10% to 40% to mid-capitalization funds, and a significant portion, 25% to 45%, to large-capitalization funds. A minor allocation of up to 10% can be directed towards real estate, and fixed-income assets, comprising bond funds and short-term bond funds, may each constitute 0% to 10% of the portfolio. Notably, while the fund itself is classified as non-diversified, its investments are made into underlying sub-portfolios that are diversified.
- What is the expense ratio of MXAPX?
- Empower Aggressive Profile Fund (MXAPX) charges an expense ratio of 1.14%. This is the annual fee deducted from fund assets to cover management and operations.
- What is MXAPX's dividend yield?
- MXAPX's trailing-twelve-month yield is 8.07%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of MXAPX?
- Effective duration measures MXAPX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MXAPX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of MXAPX?
- MXAPX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of MXAPX?
- Yield to maturity (YTM) is the total return you'd earn from MXAPX if every bond in the portfolio is held to maturity at the current price. MXAPX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
