MXCOX

About MXCOX

Empower Bond Index Fund Institutional Class is an open-end mutual fund focused on providing broad exposure to the U.S. investment-grade bond market. As an intermediate core bond fund, its primary objective is to track the total return of the Bloomberg U.S. Aggregate Bond Index, which includes a diverse portfolio of U.S. Treasury securities, government-related and corporate bonds, mortgage-backed securities, and asset-backed securities. The fund employs a passive management approach, aiming to replicate the performance of its underlying index while maintaining a low expense ratio, notably 0.14%, which is among the lowest in its category. Since its inception in 2015, the fund has attracted significant assets and offers institutional investors a low-cost avenue to diversified fixed-income exposure. It holds thousands of individual securities, mainly in the government and investment-grade sectors, providing a foundation for income generation and risk mitigation within fixed income portfolios. The fund’s broad and diversified holdings make it a core component for investors seeking stable income and capital preservation within the fixed-income market.