Great-West Short Duration Bond Fund (MXSDX)

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Great-West Short Duration Bond Fund (MXSDX) is up 0.7% since the beginning of the year. MXSDX is currently trading at $11 per share. Investors who bought $1,000 worth of MXSDX shares 5 years ago would now be looking at an investment worth $1,114.

Great-West Short Duration Bond Fund (MXSDX) has returned 0.67% so far this year and 3.68% over the past 12 months. Over the last ten years, MXSDX has returned 2.22% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Nov 8, 2002, MXSDX's average daily return is 0.00%, while the average monthly return is +0.08%. At this rate, an investment would double in approximately 72.2 years.

Historically, 60% of months were positive and 40% were negative. The best month was Apr 2020 with a return of +2.9%, while the worst month was Mar 2005 at -5.2%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 8 months.

On a daily basis, MXSDX closed higher 31% of trading days. The best single day was Oct 6, 2008 with a return of +2.3%, while the worst single day was Mar 28, 2005 at -4.9%.

Great-West Short Duration Bond Fund has an annualized alpha of 1.01%, beta of -0.00, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since November 11, 2002.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (4.87%) than losses (4.13%) - typical of diversified or defensive assets.
• Beta of -0.00 may look defensive, but with R2 of 0.00 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 0.00 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.

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

MXSDX ranks 91 for risk / return — in the top 91% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Great-West Short Duration Bond Fund (MXSDX) and compare them to S&P 500 Index.

Great-West Short Duration Bond Fund provided a 3.06% dividend yield over the last twelve months, with an annual payout of $0.32 per share.

The table displays the monthly dividend distributions for Great-West Short Duration 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 Short Duration 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 Short Duration Bond Fund was 10.81%, occurring on Oct 28, 2008. Recovery took 2608 trading sessions.

The current Great-West Short Duration Bond Fund drawdown is 0.09%.

The chart below shows the rolling one-month volatility.