MXLMX

About MXLMX

Empower Multi-Sector Bond Fund Investor Class is an open-end mutual fund designed to deliver high total return through a combination of current income and capital appreciation. The strategy invests primarily in fixed income, allocating across multiple sectors including U.S. government obligations, investment-grade and high-yield corporates, securitized assets, and foreign bonds to diversify sources of income and credit risk. Under normal conditions, the portfolio invests at least 80% of assets in fixed income securities and may allocate a substantial sleeve to below-investment-grade issues within a multi-sector framework, aligning with its category’s flexible mandate. The fund exhibits a moderate interest rate profile, with an effective duration positioned around the intermediate range, and distributes income on a semiannual schedule. It has a long operating history since 1994 and seeks to balance relative value, structural fit, and total return potential while maintaining broad diversification, as reflected by a large number of holdings and a low concentration in top positions. This approach positions the fund as a core-plus fixed income option for investors seeking diversified bond exposure across economic cycles.