Heat oven to 350°F. Grease bundt cake pan.
Beat all ingredients in large bowl on low for 30 seconds. Beat on medium for 2 minutes.
Pour evenly into pan. Bake 50-60 minutes or until toothpick inserted in center comes out clean.
Cool 10 minutes in pan. Turn upside down onto heatproof serving plate. Remove pan; cool completely. Sprinkle with powdered sugar before serving.