MXZMX

About MXZMX

Empower Global Bond Fund Institutional Class is a mutual fund specializing in global fixed-income securities. Its primary objective is to provide investors with current income while pursuing capital appreciation and growth of income over time. The fund achieves this by investing at least 80% of its net assets in bonds issued by both U.S. and international entities, typically spanning at least three different countries. The fund’s portfolio holds a broad mix of debt securities, including bonds and notes of varying maturities, and it may also maintain exposure to multiple foreign currencies. This extensive diversification aims to mitigate risk and capitalize on opportunities across global bond markets. With over 800 individual holdings and nearly $500 million in assets under management, the fund offers institutional investors diversified access to the world bond category. Its role in the financial markets is to serve as a vehicle for broad international income generation and portfolio diversification, making it relevant for those seeking global fixed-income exposure within an actively managed strategy.