MXFDX

About MXFDX

Empower Core Bond Fund Investor Class is an actively managed mutual fund in the intermediate core bond category. Its primary objective is to provide total return through a combination of income received from its portfolio holdings and changes in the market value of those holdings. The fund principally invests at least 80% of its assets in a diversified portfolio of investment grade fixed income securities, targeting bonds rated BBB and above by S&P or Baa2 and above by Moody's. This focus on quality debt instruments aims to balance income generation with relative stability. Since its inception in 2003, the fund has catered to investors seeking exposure to the U.S. investment-grade bond market, spanning sectors such as government, corporate, and securitized debt. With assets under management exceeding $400 million, the fund plays a significant role as a core fixed income component for diversified investment portfolios. Its performance benchmark is the Bloomberg U.S. Aggregate Bond Index, reflecting its alignment with broad market trends in U.S. investment-grade bonds.