MXHPX

About MXHPX

Empower Moderately Conservative Profile Fund Class L is a multi-asset mutual fund designed to provide a balance of income and capital appreciation through a diversified mix of underlying funds. The strategy emphasizes fixed income and short-term bond exposure alongside a measured allocation to equities, targeting a moderately conservative risk profile suited to investors seeking steadier return patterns with lower volatility than broad equity markets. The fund typically allocates across large-, mid-, and small-cap U.S. equities, international and emerging markets, real estate, core bonds, and short-term bonds within defined ranges, while remaining non-diversified at the fund level but diversified through its underlying holdings. Notable characteristics include an established inception in 2011, a multi-manager structure focused on asset allocation, and an intermediate turnover approach that rebalances across market cycles. It plays a role as a core allocation vehicle or anchor position within a risk-based portfolio lineup, aiming to smooth drawdowns and deliver consistent total return through income distribution and diversified market exposure. According to public data, it maintains meaningful assets under management and charges an expense ratio typical of allocation funds in its share class.