Empower Large Cap Growth Fund Institutional Class (MXGSX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
12.63
+0.07 (0.56%)
Jul 2, 2025, 4:00 PM EDT
3.02%
Fund Assets 1.72B
Expense Ratio 0.62%
Min. Investment $0.00
Turnover 31.00%
Dividend (ttm) 1.00
Dividend Yield 7.93%
Dividend Growth 241.97%
Payout Frequency Semi-Annual
Ex-Dividend Date n/a
Previous Close 12.56
YTD Return 6.84%
1-Year Return 3.88%
5-Year Return 95.01%
52-Week Low 9.89
52-Week High 13.32
Beta (5Y) n/a
Holdings 96
Inception Date May 1, 2015

About MXGSX

The Empower Large Cap Growth Fund Institutional Class is a mutual fund focused on achieving long-term capital growth by investing primarily in the equity securities of large-capitalization companies. Targeting firms with market capitalizations of $4 billion or more, the fund employs both fundamental and quantitative analysis, utilizing a bottom-up stock selection approach. Its portfolio is diversified across multiple sectors, with a particular emphasis on growth-oriented companies, and often includes prominent holdings in technology, consumer cyclical, communication services, healthcare, and financial services. Key portfolio constituents frequently include leading names such as Microsoft, Amazon, Alphabet, NVIDIA, and Apple, reflecting a strong bias toward innovative and high-growth businesses. The fund is co-managed by Empower Capital Management, J.P. Morgan Investment Management, and Amundi Asset Management, and benchmarks its performance against the Russell 1000 Growth Index and the broader Russell 1000 Index. With an expense ratio that is competitive within its peer group, the fund is designed for investors seeking exposure to the growth dynamics of major U.S. corporations. The institutional share class is tailored for larger investors, offering cost advantages and broader sector diversification, while maintaining a disciplined strategy geared toward capital appreciation over time.

Fund Family Empower Funds
Category Large Growth
Stock Exchange NASDAQ
Ticker Symbol MXGSX
Share Class Institutional Class
Index Russell 1000 Growth TR

Performance

MXGSX had a total return of 3.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.44%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol Provider Name Expense Ratio
FLGEX Fidelity Fidelity Large Cap Growth Enhanced Index Fund 0.39%
FBCGX Fidelity Fidelity Blue Chip Growth K6 Fund 0.46%
FHOFX Fidelity Fidelity Series Large Cap Growth Index Fund n/a
FBGRX Fidelity Fidelity Blue Chip Growth Fund 0.69%
FBGKX Fidelity Fidelity Blue Chip Growth Fund - Class K 0.59%

Other Share Classes

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

Symbol Share Class Expense Ratio
MXLGX Investor Class 0.98%

Top 10 Holdings

40.71% of assets
Name Symbol Weight
Microsoft Corporation MSFT 6.32%
Amazon.com, Inc. AMZN 6.32%
Apple Inc. AAPL 5.91%
Mastercard Incorporated MA 4.14%
NVIDIA Corporation NVDA 4.08%
Alphabet Inc. GOOG 3.39%
Eli Lilly and Company LLY 3.04%
Meta Platforms, Inc. META 2.89%
Visa Inc. V 2.63%
Uber Technologies, Inc. UBER 1.99%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Dec 27, 2024 $0.93358 Dec 30, 2024
Sep 6, 2024 $0.06992 Sep 9, 2024
Dec 27, 2023 $0.2748 Dec 28, 2023
Sep 6, 2023 $0.01402 Sep 7, 2023
Jun 23, 2023 $0.00464 Jun 26, 2023
Dec 28, 2022 $0.36965 Dec 29, 2022
Full Dividend History