Empower High Yield Bond Instl (MXFRX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

11.11

-0.05 (-0.45%)

At close: Aug 28, 2026

4.03% (1Y)

Fund Assets	881.60M
Expense Ratio	0.58%
Min. Investment	$0.00
Turnover	57.00%
Dividend (ttm)	0.39
Dividend Yield	3.54%
Dividend Growth	23.95%
Payout Frequency	n/a
Ex-Dividend Date	Dec 29, 2025

Previous Close	11.16
YTD Return	5.41%
1-Year Return	7.91%
5-Year Return	22.71%
52-Week Low	10.45
52-Week High	11.23
Beta (5Y)	0.43
Holdings	503
Inception Date	May 1, 2015

About MXFRX

Empower High Yield Bond Fund Institutional Class is a mutual fund focused on generating high current income through investments in corporate fixed income securities that carry higher yields and higher risks than investment grade bonds. The fund primarily allocates at least 80% of its net assets to high yield, high-risk corporate bonds, often referred to as “junk bonds” because they are typically rated below BBB by S&P or below Baa by Moody’s. Its goal is to provide substantial income, with potential for capital appreciation as a secondary objective when it aligns with the primary aim. The fund maintains a well-diversified portfolio—holding approximately 500 securities—with a competitive expense ratio and no minimum investment requirement, making it accessible to a wide range of investors. Empower High Yield Bond Fund Institutional Class plays a significant role in the fixed income category by offering investors an opportunity to access higher-income streams, albeit with correspondingly higher risk profiles compared to more traditional bond funds. This makes the fund a notable asset for those seeking yield enhancement within the high yield bond segment of the market.

Fund Family Empower Funds

Category High Yield Bond

Performance Rating Above Average

Risk Rating High

Stock Exchange NASDAQ

Ticker Symbol MXFRX

Share Class Institutional Class

Index Index is not available on Lipper Database

Performance

MXFRX had a total return of 7.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.69%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MXHYX	Investor Class	0.93%

Top 10 Holdings

8.97% of assets

Name	Symbol	Weight
BNY Dreyfus Instl Pref Govt MMkt Instl	DSVXX	2.51%
Lumentum Holdings Inc. - LITE 0.375 03/15/32	LITE	1.29%
HSBC SECURITIES INC - 20260617/USD/EUR	n/a	1.04%
Iron Mountain Inc. - IRM 6.25 01/15/33 144A	IRM	0.65%
R.R. Donnelley & Sons Co. - RRD 9.5 08/01/29 144A	RRD	0.64%
Kedrion S.p.A. - KEDRIM 6.5 09/01/29 144A	KEDRIM	0.59%
MPT Operating Partnership LP / MPT Finance Corporation - MPW 8.5 02/15/32 144a	MPW	0.57%
CCO Holdings, LLC/ CCO Holdings Capital Corp. - CHTR 4.75 03/01/30 144A	CHTR	0.56%
Western Digital Corp. - WDC 3 11/15/28	WDC	0.56%
Firstcash Inc - FCFS 6.875 03/01/32 144A	FCFS	0.56%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 29, 2025	$0.37114	Dec 30, 2025
Sep 5, 2025	$0.02243	Sep 8, 2025
Dec 27, 2024	$0.31195	Dec 30, 2024
Sep 6, 2024	$0.00557	Sep 9, 2024
Dec 27, 2023	$0.21024	Dec 28, 2023
Sep 6, 2023	$0.02085	Sep 7, 2023

Full Dividend History