Empower Core Strategies: U.S. Equity Fund Institutional Class (MXEBX)
| Fund Assets | 647.91M |
| Expense Ratio | 0.55% |
| Min. Investment | $0.00 |
| Turnover | 20.00% |
| Dividend (ttm) | 1.34 |
| Dividend Yield | 8.11% |
| Dividend Growth | 124.29% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Jul 2, 2025 |
| Previous Close | 16.36 |
| YTD Return | 6.18% |
| 1-Year Return | 4.46% |
| 5-Year Return | 91.99% |
| 52-Week Low | 13.24 |
| 52-Week High | 17.56 |
| Beta (5Y) | 0.98 |
| Holdings | 661 |
| Inception Date | Jun 25, 2018 |
About MXEBX
Empower Core Strategies: U.S. Equity Fund is a mutual fund designed to provide long-term capital growth by investing primarily in a diversified portfolio of U.S. equities. Managed using a large blend investment style, the fund typically allocates at least 80% of its net assets to domestic stocks, encompassing both growth and value sectors. Its portfolio includes a broad mix of large-cap companies, with notable holdings in leading technology firms such as Microsoft, Apple, and NVIDIA, as well as significant positions in consumer discretionary, healthcare, energy, and communication services sectors. The fund is aimed at investors seeking broad exposure to the U.S. equity market through a single investment vehicle, and it is positioned as an institutional share class with a relatively low expense ratio and a below-average distribution fee. Empower Core Strategies: U.S. Equity Fund plays a key role in diversified portfolios, serving as a core equity holding for those looking to participate in the performance of prominent U.S. companies across multiple industries.
Performance
MXEBX had a total return of 4.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.89%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FWOAX | Fidelity | Fidelity Advisor Women's Leadership Fund - Class A | 0.99% |
| FWOMX | Fidelity | Fidelity Women's Leadership Fund | 0.69% |
| FWMNX | Fidelity | Fidelity Advisor Women's Leadership Fund - Class I | 0.70% |
| FWOZX | Fidelity | Fidelity Advisor Women's Leadership Fund - Class Z | 0.58% |
| FWOCX | Fidelity | Fidelity Advisor Women's Leadership Fund - Class C | 1.74% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MXETX | Investor Class | 0.90% |
Top 10 Holdings
21.78% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 4.03% |
| Apple Inc. | AAPL | 3.97% |
| NVIDIA Corporation | NVDA | 3.39% |
| Amazon.com, Inc. | AMZN | 2.47% |
| Meta Platforms, Inc. | META | 1.90% |
| Barrick Mining Corporation | B | 1.33% |
| Alphabet Inc. | GOOG | 1.22% |
| Walmart Inc. | WMT | 1.16% |
| Berkshire Hathaway Inc. CL B NEW | BRKB | 1.16% |
| Exxon Mobil Corporation | XOM | 1.15% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $1.25925 | Dec 30, 2024 |
| Sep 6, 2024 | $0.03367 | Sep 9, 2024 |
| Jun 25, 2024 | $0.04718 | Jun 26, 2024 |
| Dec 27, 2023 | $0.54937 | Dec 28, 2023 |
| Sep 6, 2023 | $0.02988 | Sep 7, 2023 |
| Jun 23, 2023 | $0.01824 | Jun 26, 2023 |