MXAZX Performance — Empower Lifetime 2035 Fund, Class L
Data updated: 2026-08-20
MXAZX returned +2.31% over one year to Mar 2022. Over one year the fund trailed its Target-Date category average: $100 grew to $102, against $103 for the category. Volatility over the past 12 months was 9.07% a year. In the 12 months to Jun 2026 the fund took in a net $855.0M, and assets reached $2.10B.
MXAZX Growth of $100
What $100 invested in Empower Lifetime 2035 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | MXAZX | Category average |
|---|---|---|
| 1 year (Apr 2021 – Mar 2022) | $102 | $103 |
| Since data start (Jul 2019 – Mar 2022) | $129 | $128 |
MXAZX Trailing Returns
Total returns to Mar 2022, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +2.31% |
| 3 years (annualised) | +9.63% |
MXAZX Annual Returns
Calendar-year total returns of Empower Lifetime 2035 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2022 (Jan–Mar) | −5.79% |
| 2021 | +13.30% |
| 2020 | +13.14% |
| 2019 (Jul–Dec) | +6.64% |
MXAZX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | −4.3% | −1.8% | +0.3% | — | — | — | — | — | — | — | — | — |
| 2021 | 0.0% | +2.4% | +1.9% | +3.4% | +1.1% | +0.5% | +0.6% | +1.6% | −3.3% | +3.3% | −2.1% | +3.4% |
| 2020 | −1.0% | −5.8% | −12.6% | +9.1% | +4.3% | +2.4% | +4.3% | +3.5% | −2.3% | −1.0% | +9.9% | +4.0% |
| 2019 | — | — | — | — | — | — | +0.2% | −1.3% | +1.6% | +1.8% | +1.9% | +2.4% |
MXAZX Risk
Risk measures from monthly returns over Apr 2021 – Mar 2022.
- 1-year volatility (annualised): 9.07%
- Best month: +3.39% (Dec 2021)
- Worst month: −4.34% (Jan 2022)
MXAZX Fund Flows
Monthly money in and out of Empower Lifetime 2035 Fund, from SEC Form N-PORT.
- 12-month net flow: $855.0M
- 12-month gross sales (incl. reinvestments): $4.1B
- Sales ÷ redemptions: 1.26×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $306.3M | $257.6M | $48.8M |
| May 2026 | $259.3M | $210.2M | $49.1M |
| Apr 2026 | $216.7M | $156.6M | $60.1M |
| Mar 2026 | $175.2M | $114.6M | $60.7M |
| Feb 2026 | $113.8M | $68.6M | $45.1M |
| Jan 2026 | $63.0M | $38.3M | $24.7M |
| Dec 2025 | $715.7M | $510.2M | $205.4M |
| Nov 2025 | $569.5M | $469.8M | $99.7M |
| Oct 2025 | $517.2M | $440.6M | $76.6M |
| Sep 2025 | $457.6M | $377.2M | $80.4M |
| Aug 2025 | $403.7M | $340.8M | $63.0M |
| Jul 2025 | $345.3M | $303.8M | $41.5M |
MXAZX Assets Under Management
Net assets of Empower Lifetime 2035 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $2.10B |
| 2026-03-31 | $1.93B |
| 2025-12-31 | $1.89B |
| 2025-09-30 | $1.82B |
| 2025-06-30 | $1.67B |
| 2025-03-31 | $1.55B |
| 2024-12-31 | $1.55B |
| 2024-09-30 | $1.54B |
| 2024-06-30 | $1.43B |
| 2024-03-31 | $1.42B |
| 2023-12-31 | $1.35B |
| 2023-09-30 | $1.27B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.