MXTDX — Great-West Short Duration Bond Fund

MXTDX Fund Overview

MXTDX — Great-West Short Duration Bond Fund is a US mutual fund managed by Empower Funds, Inc., categorised as Short Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Empower Funds, Inc.
• Category: Short Corporate Bond
• Assets under management: $606.49M
• 1-year return: 4.2%
• Ticker: MXTDX
• SEC CIK: 0000356476
• SEC series ID: S000023739
• Share class ID: C000095776

MXTDX Investment Objective and Strategy

Great-West Short Duration Bond Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Empower Funds, Inc..

Investment objective

The Fund seeks maximum total return that is consistent with preservation of capital and liquidity.

Principal investment strategy

Below is a summary of the principal investment strategies of the Fund. The Fund will, under normal circumstances, invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in investment grade bonds. The Fund will maintain an actively managed portfolio of bonds selected from several categories, including corporate bonds; securitized assets, including asset-backed securities, residential mortgage-backed securities (which may be backed by non-qualified or sub-prime mortgages), commercial mortgage-backed securities and collateralized mortgage obligations; Rule 144A fixed income securities; U.S. Treasuries and agency securities; structured credit; commercial paper; and foreign government securities, including obligations of governments in developed and emerging markets.

The Fund may also invest in below investment grade securities (commonly known as high yield securities or junk bonds), including bank loans. The Fund will normally maintain a dollar weighted effective average duration of three years or less. Duration is a measure of a debt securitys price sensitivity to changes in interest rates. The longer the duration of the Fund (or an individual debt security), the more sensitive its market price will be to changes in interest rates. For example, if market interest rates increase by 1%, the market price of a debt security with a three-year effective duration will generally decrease by approximately 3%. Conversely, a 1% decline in market interest rates will generally result in an increase of approximately 3% of that securitys market price. The Fund may invest in derivatives, including but not limited to futures, options, certain foreign currency transactions, and credit default, total return and interest rate swap contracts.

Empower Capital Management, LLC (ECM) is the Funds investment adviser and, subject to the approval of the Board of Directors of Empower Funds (the Board), selects the Funds sub-adviser and monitors its performance on an ongoing basis. The Funds investment portfolio is managed by Franklin Advisers, Inc. (the Sub-Adviser or Franklin). Franklins investment approach combines bottom-up fundamental research with quantitative analysis, employing sector expertise across the broad global fixed income opportunity set.

MXTDX Holdings

Top 10 holdings of Great-West Short Duration Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all MXTDX holdings

MXTDX Portfolio Allocation

Asset-class allocation of Great-West Short Duration Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.

MXTDX Performance

Total returns for MXTDX (as of 2026-10-01), from SEC filings.

MXTDX Risk Information

Risk metrics for MXTDX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 5.0%

MXTDX Costs and Fees

MXTDX costs about $85 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.85%
• Gross expense ratio: 35.07%
• Portfolio turnover: 50%
• Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

MXTDX Cashflows

Over the 12 months to 2026-06, Great-West Short Duration Bond Fund had net inflows of $523.67M, from monthly SEC N-PORT filings.

MXTDX Debt Constituents

Largest debt holdings of Great-West Short Duration Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.

MXTDX Prospectus and SEC Filings

Official Great-West Short Duration Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-04-30
• Prospectus (485BPOS) — filed 2025-04-25
• Prospectus (485BPOS) — filed 2024-04-25
• Portfolio holdings (N-PORT) — filed 2026-08-20
• Portfolio holdings (N-PORT) — filed 2026-05-20
• Portfolio holdings (N-PORT) — filed 2026-02-13
• Annual census (N-CEN) — filed 2026-03-13
• Annual census (N-CEN) — filed 2025-03-14

Related Funds

Other Short Corporate Bond funds tracked on ABC INVEST:

• Vanguard Short-Term Investment-Grade Fund (VFSTX)
• Vanguard Short-Term Corporate Bond Index Fund (VSCSX)
• American High Income Trust (AHITX)
• Vanguard High-Yield Corporate Fund (VWEHX)
• PGIM High Yield Fund (JDYRX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.