Empower S&P Mid Cap 400® Index Fund Class L (MXBUX)
| Fund Assets | 1.43B |
| Expense Ratio | 0.80% |
| Min. Investment | $0.00 |
| Turnover | 17.00% |
| Dividend (ttm) | 0.65 |
| Dividend Yield | 6.98% |
| Dividend Growth | -33.62% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 9.27 |
| YTD Return | -0.22% |
| 1-Year Return | 2.15% |
| 5-Year Return | 72.34% |
| 52-Week Low | 7.47 |
| 52-Week High | 10.40 |
| Beta (5Y) | n/a |
| Holdings | 404 |
| Inception Date | Apr 7, 2017 |
About MXBUX
Empower S&P Mid Cap 400 Index Fund - Class L is a mutual fund designed to closely track the performance of the S&P MidCap 400 Index. As a passively managed fund, it seeks to replicate the total return of the group of mid-sized U.S. companies that comprise the index by investing at least 80% of its net assets in those component stocks. The fund provides investors with exposure to a diversified set of mid-cap equities, which typically represent companies with established business models and growth potential situated between large, blue-chip firms and smaller, emerging businesses. The fund caters primarily to investors seeking access to U.S. mid-cap market trends with a blended investment style, blending growth and value characteristics. With a relatively low minimum investment and expense ratio, the fund is positioned as a cost-effective vehicle for broad mid-cap market participation. Established in 2017, Empower S&P Mid Cap 400 Index Fund - Class L plays a key role for those aiming to diversify equity holdings beyond large-cap stocks while maintaining alignment with a well-known and widely followed benchmark index.
Performance
MXBUX had a total return of 2.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.55%.
Top 10 Holdings
7.76% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Institutional Reserves Funds - Dreyfus Institutional Preferred Government Money Market Fund | DSVXX | 1.69% |
| Barrick Mining Corporation | B | 1.10% |
| RB Global, Inc. | RBA | 0.67% |
| Interactive Brokers Group, Inc. | IBKR | 0.65% |
| Watsco, Inc. | WSO | 0.64% |
| EMCOR Group, Inc. | EME | 0.62% |
| Fidelity National Financial, Inc. | FNF | 0.62% |
| DocuSign, Inc. | DOCU | 0.59% |
| Casey's General Stores, Inc. | CASY | 0.59% |
| Equitable Holdings, Inc. | EQH | 0.58% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.49862 | Dec 30, 2024 |
| Sep 6, 2024 | $0.15264 | Sep 9, 2024 |
| Dec 27, 2023 | $0.80605 | Dec 28, 2023 |
| Sep 6, 2023 | $0.09783 | Sep 7, 2023 |
| Jun 23, 2023 | $0.0773 | Jun 26, 2023 |
| Dec 28, 2022 | $0.60572 | Dec 29, 2022 |