Empower S&P SmallCap 600 Index Instl (MXERX)
| Fund Assets | 1.08B |
| Expense Ratio | 0.20% |
| Min. Investment | $0.00 |
| Turnover | 27.00% |
| Dividend (ttm) | 0.77 |
| Dividend Yield | 12.09% |
| Dividend Growth | 84.89% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Sep 5, 2025 |
| Previous Close | 6.66 |
| YTD Return | -0.16% |
| 1-Year Return | -1.53% |
| 5-Year Return | 54.36% |
| 52-Week Low | 5.07 |
| 52-Week High | 7.59 |
| Beta (5Y) | n/a |
| Holdings | 608 |
| Inception Date | May 1, 2015 |
About MXERX
Empower S&P SmallCap 600 Index Fund Institutional Class is a passively managed mutual fund designed to track the performance of the S&P SmallCap 600 Index. Its primary function is to provide broad exposure to the small-cap segment of the U.S. equity market, encompassing a diverse portfolio of growth and value stocks from 600 small-cap companies across various sectors. The fund employs representative sampling, constructing a portfolio that closely mimics the S&P SmallCap 600 Index and seeks to minimize tax implications for investors. With over 600 holdings, it offers significant diversification in the small-cap category. It targets institutional investors by offering an institutional share class with a competitive expense ratio, aiming to efficiently deliver the returns of this widely followed index. Since its inception in 2015, the fund has served as a vehicle for participants looking to invest in smaller U.S. companies, playing a pivotal role in portfolios seeking to capture growth potential typically associated with the small-cap sector.
Performance
MXERX had a total return of -1.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.85%.
Top 10 Holdings
8.68% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Institutional Reserves Funds - Dreyfus Institutional Preferred Government Money Market Fund | DSVXX | 3.40% |
| Mr. Cooper Group Inc. | COOP | 0.71% |
| AeroVironment, Inc. | AVAV | 0.60% |
| Brinker International, Inc. | EAT | 0.60% |
| Qorvo, Inc. | QRVO | 0.59% |
| SPX Technologies, Inc. | SPXC | 0.58% |
| Kratos Defense & Security Solutions, Inc. | KTOS | 0.58% |
| BorgWarner Inc. | BWA | 0.55% |
| Badger Meter, Inc. | BMI | 0.54% |
| Armstrong World Industries, Inc. | AWI | 0.53% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 5, 2025 | $0.25984 | Sep 8, 2025 |
| Dec 27, 2024 | $0.50655 | Dec 30, 2024 |
| Sep 6, 2024 | $0.14472 | Sep 9, 2024 |
| Dec 27, 2023 | $0.2698 | Dec 28, 2023 |
| Sep 6, 2023 | $0.14457 | Sep 7, 2023 |
| Jun 23, 2023 | $0.06969 | Jun 26, 2023 |