Great-West Multi-Sector Bond Fund (MXLMX)

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Great-West Multi-Sector Bond Fund (MXLMX) is up 1.0% since the beginning of the year. MXLMX is currently trading at $14 per share. Investors who bought $1,000 worth of MXLMX shares 5 years ago would now be looking at an investment worth $1,099.

Great-West Multi-Sector Bond Fund (MXLMX) has returned 0.96% so far this year and 5.84% over the past 12 months. Over the last ten years, MXLMX has returned 3.23% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Nov 2, 1994, MXLMX's average daily return is +0.01%, while the average monthly return is +0.18%. At this rate, an investment would double in approximately 32.1 years.

Historically, 57% of months were positive and 43% were negative. The best month was May 2009 with a return of +6.4%, while the worst month was Oct 2008 at -14.3%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 7 months.

On a daily basis, MXLMX closed higher 40% of trading days. The best single day was Sep 12, 1997 with a return of +3.3%, while the worst single day was Dec 15, 2008 at -5.8%.

Great-West Multi-Sector Bond Fund has an annualized alpha of 1.18%, beta of 0.09, and R2 of 0.05 versus S&P 500 Index. Calculated based on daily prices since November 02, 1994.

• This fund participated in 37.23% of S&P 500 Index downside but only 24.30% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.09 may look defensive, but with R2 of 0.05 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 0.05 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.

MXLMX has an expense ratio of 0.90%, placing it in the medium range.

MXLMX ranks 59 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

Great-West Multi-Sector Bond Fund provided a 3.25% dividend yield over the last twelve months, with an annual payout of $0.44 per share.

The table displays the monthly dividend distributions for Great-West Multi-Sector Bond 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 Multi-Sector Bond 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 Multi-Sector Bond Fund was 36.94%, occurring on Dec 15, 2008. Recovery took 968 trading sessions.

The current Great-West Multi-Sector Bond Fund drawdown is 0.51%.

The chart below shows the rolling one-month volatility.