Empower High Yield Bond Fund Institutional Class is a mutual fund focused on generating high current income through investments in corporate fixed income securities that carry higher yields and higher risks than investment grade bonds. The fund primarily allocates at least 80% of its net assets to high yield, high-risk corporate bonds, often referred to as “junk bonds” because they are typically rated below BBB by S&P or below Baa by Moody’s. Its goal is to provide substantial income, with potential for capital appreciation as a secondary objective when it aligns with the primary aim. The fund maintains a well-diversified portfolio—holding approximately 500 securities—with a competitive expense ratio and no minimum investment requirement, making it accessible to a wide range of investors. Empower High Yield Bond Fund Institutional Class plays a significant role in the fixed income category by offering investors an opportunity to access higher-income streams, albeit with correspondingly higher risk profiles compared to more traditional bond funds. This makes the fund a notable asset for those seeking yield enhancement within the high yield bond segment of the market.
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