Great-West U.S. Government Securities Fund (MXGMX)

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Great-West U.S. Government Securities Fund (MXGMX) is up 0.3% since the beginning of the year. MXGMX is currently trading at $11 per share. Investors who bought $1,000 worth of MXGMX shares 5 years ago would now be looking at an investment worth $985.

Great-West U.S. Government Securities Fund (MXGMX) has returned 0.27% so far this year and 3.98% over the past 12 months. Over the last ten years, MXGMX has returned 0.75% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Apr 23, 2003, MXGMX's average daily return is 0.00%, while the average monthly return is +0.03%. At this rate, an investment would double in approximately 192.6 years.

Historically, 51% of months were positive and 49% were negative. The best month was Nov 2023 with a return of +4.4%, while the worst month was Sep 2022 at -4.5%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 6 months.

On a daily basis, MXGMX closed higher 42% of trading days. The best single day was Nov 11, 2022 with a return of +2.2%, while the worst single day was Dec 17, 2003 at -2.7%.

Great-West U.S. Government Securities Fund has an annualized alpha of 0.59%, beta of -0.02, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since April 23, 2003.

• This fund participated in 4.90% of S&P 500 Index downside but only 3.05% of its upside - more exposed to losses than it benefited from rallies.
• Beta of -0.02 may look defensive, but with R2 of 0.01 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.01 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

MXGMX has an expense ratio of 0.60%, placing it in the medium range.

MXGMX ranks 16 for risk / return — in the bottom 16% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

Great-West U.S. Government Securities Fund provided a 2.66% dividend yield over the last twelve months, with an annual payout of $0.30 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for Great-West U.S. Government Securities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Great-West U.S. Government Securities Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Great-West U.S. Government Securities Fund was 18.63%, occurring on Oct 19, 2023. The portfolio has not yet recovered.

The current Great-West U.S. Government Securities Fund drawdown is 4.36%.

The chart below shows the rolling one-month volatility.