Empower Global Bond Fund is a mutual fund specializing in global fixed income securities. Its primary objective is to provide current income with the added potential for capital appreciation and income growth. The fund primarily invests at least 80% of its net assets in bonds from issuers located worldwide, including government and corporate bonds, mortgage-backed securities, and other debt instruments, spanning both developed and emerging markets. It typically holds securities from at least three countries, including the United States, and may maintain exposure to various foreign currencies to broaden diversification and manage risk. The fund is characterized by a broad portfolio—holding over 800 different securities—and emphasizes investment-grade debt but may allocate up to a quarter of holdings to securities rated below investment grade for additional yield opportunities. Managed with a focus on global diversification, it plays a significant role in providing investors with access to international bond markets while aiming to balance interest rate and credit risks. Empower Global Bond Fund is part of the world bond category, offering annual dividend distributions and a competitive yield for income-seeking investors.
Based on technical indicators and chart patterns, MXGBX shows...
Market sentiment analysis indicates...