Empower Bond Index Fund Institutional Class (MXCOX)
| Fund Assets | 4.78B |
| Expense Ratio | 0.14% |
| Min. Investment | $0.00 |
| Turnover | 27.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 4.88% |
| Dividend Growth | 15.51% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 8.29 |
| YTD Return | -0.12% |
| 1-Year Return | 6.69% |
| 5-Year Return | -2.69% |
| 52-Week Low | 7.73 |
| 52-Week High | 8.32 |
| Beta (5Y) | n/a |
| Holdings | 2506 |
| Inception Date | May 1, 2015 |
About MXCOX
Empower Bond Index Fund Institutional Class is an open-end mutual fund focused on providing broad exposure to the U.S. investment-grade bond market. As an intermediate core bond fund, its primary objective is to track the total return of the Bloomberg U.S. Aggregate Bond Index, which includes a diverse portfolio of U.S. Treasury securities, government-related and corporate bonds, mortgage-backed securities, and asset-backed securities. The fund employs a passive management approach, aiming to replicate the performance of its underlying index while maintaining a low expense ratio, notably 0.14%, which is among the lowest in its category. Since its inception in 2015, the fund has attracted significant assets and offers institutional investors a low-cost avenue to diversified fixed-income exposure. It holds thousands of individual securities, mainly in the government and investment-grade sectors, providing a foundation for income generation and risk mitigation within fixed income portfolios. The fund’s broad and diversified holdings make it a core component for investors seeking stable income and capital preservation within the fixed-income market.
Performance
MXCOX had a total return of 6.69% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.09%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGBPX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class I | 0.50% |
| FSMTX | Fidelity | Fidelity SAI Total Bond Fund | 0.29% |
| FGBCX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class C | 1.52% |
| FGBTX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class M | 0.74% |
| FTKFX | Fidelity | Fidelity Total Bond K6 Fund | 0.30% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MXBIX | Investor Class | 0.49% |
Top 10 Holdings
8.39% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes - T 3.875 12/31/29 | T | 1.08% |
| United States Treasury Notes - T 4 02/28/30 | T | 0.93% |
| United States Treasury Notes - T 4.125 03/31/29 | T | 0.91% |
| United States Treasury Notes - T 0.875 06/30/26 | T | 0.84% |
| United States Treasury Notes - T 0.625 07/31/26 | T | 0.80% |
| United States Treasury Notes - T 1.5 01/31/27 | T | 0.78% |
| United States Treasury Notes - T 2.375 03/31/29 | T | 0.78% |
| DREY INST PREF GOV MM-M - DREYFUS INSTL PREFER GOVT-IS #6546 | DSVXX | 0.77% |
| United States Treasury Notes - T 3.875 04/30/30 | T | 0.76% |
| United States Treasury Notes - T 1 07/31/28 | T | 0.74% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $0.3972 | Dec 30, 2025 |
| Sep 5, 2025 | $0.00761 | Sep 8, 2025 |
| Dec 27, 2024 | $0.35044 | Dec 30, 2024 |
| Dec 27, 2023 | $0.07172 | Dec 28, 2023 |
| Sep 26, 2023 | $0.09106 | Sep 27, 2023 |
| Sep 6, 2023 | $0.00554 | Sep 7, 2023 |