Empower Large Cap Growth Fund Institutional Class (MXGSX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
12.87
+0.07 (0.55%)
Jul 23, 2025, 9:30 AM EDT
0.55%
Fund Assets1.76B
Expense Ratio0.62%
Min. Investment$0.00
Turnover31.00%
Dividend (ttm)1.00
Dividend Yield7.80%
Dividend Growth241.97%
Payout FrequencySemi-Annual
Ex-Dividend DateDec 27, 2024
Previous Close12.80
YTD Return8.61%
1-Year Return5.87%
5-Year Return83.65%
52-Week Low9.89
52-Week High13.32
Beta (5Y)n/a
Holdings96
Inception DateMay 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 5.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.54%.

Equivalent Funds

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

SymbolProviderNameExpense Ratio
FLGEXFidelityFidelity Large Cap Growth Enhanced Index Fund0.39%
FBCGXFidelityFidelity Blue Chip Growth K6 Fund0.46%
FHOFXFidelityFidelity Series Large Cap Growth Index Fundn/a
LGILXSchwabSchwab Select Large Cap Growth Fund0.75%
FBGRXFidelityFidelity Blue Chip Growth Fund0.69%

Other Share Classes

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

SymbolShare ClassExpense Ratio
MXLGXInvestor Class0.98%

Top 10 Holdings

40.71% of assets
NameSymbolWeight
Microsoft CorporationMSFT6.32%
Amazon.com, Inc.AMZN6.32%
Apple Inc.AAPL5.91%
Mastercard IncorporatedMA4.14%
NVIDIA CorporationNVDA4.08%
Alphabet Inc.GOOG3.39%
Eli Lilly and CompanyLLY3.04%
Meta Platforms, Inc.META2.89%
Visa Inc.V2.63%
Uber Technologies, Inc.UBER1.99%
View More Holdings

Dividend History

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