MXLLX

About MXLLX

Empower Lifetime 2035 Fund Service Class is a target-date mutual fund designed to provide a professionally managed glide path for investors expecting to begin withdrawals around 2035. The fund pursues capital appreciation and income through a diversified mix of underlying equity and fixed income funds, with allocations that gradually become more conservative as the target year approaches; after 2035, the emphasis shifts toward income with capital growth as a secondary goal. It invests primarily in affiliated index and active strategies spanning U.S. large-cap, mid-cap, and international equities alongside core and multi-sector bonds, concentrating a significant share in its top underlying holdings to drive broad market exposure and risk control. The vehicle sits within the Target-Date 2035 category, offering a turnkey asset allocation solution that integrates equity market participation with bond ballast and rebalancing over time. Its role in the market is to streamline retirement-focused investing by bundling diversified building blocks, systematic de-risking, and income orientation into a single fund aligned with a 2035 retirement horizon.