Empower High Yield Bond Inv (MXHYX)
| Fund Assets | 727.30M |
| Expense Ratio | 0.98% |
| Min. Investment | $0.00 |
| Turnover | 59.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 4.13% |
| Dividend Growth | 104.92% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Sep 5, 2025 |
| Previous Close | 8.35 |
| YTD Return | 7.33% |
| 1-Year Return | 5.16% |
| 5-Year Return | 20.35% |
| 52-Week Low | 7.53 |
| 52-Week High | 8.35 |
| Beta (5Y) | n/a |
| Holdings | 514 |
| Inception Date | May 21, 2003 |
About MXHYX
Empower High Yield Bond Fund Investor Class is a mutual fund within the fixed income asset class, specializing in high yield, high risk corporate bonds. Its primary purpose is to generate high current income for investors, with capital appreciation as a secondary goal. The fund typically allocates at least 80% of its net assets to below investment-grade corporate fixed income securities, which may have either fixed or floating interest rates. This focus positions the fund to play a significant role in the high yield segment of the bond market, making it relevant for investors seeking enhanced income potential from more credit-sensitive corporate issuers. With a diverse portfolio reported to contain around 500 holdings, the fund offers broad exposure to the corporate high yield sector. Regular semi-annual dividends and an accessible minimum investment requirement further characterize the fund’s offering, making it an option for income-focused investors looking to diversify across lower-rated corporate debt instruments.
Performance
MXHYX had a total return of 5.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.64%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MXFRX | Institutional Class | 0.63% |
Top 10 Holdings
9.12% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Institutional Reserves Funds - Dreyfus Institutional Preferred Government Money Market Fund | DSVXX | 3.87% |
| CCO Holdings, LLC/ CCO Holdings Capital Corp. - CHTR 4.75 03/01/30 144A | CHTR | 0.69% |
| Tenet Healthcare Corporation - THC 6.125 06/15/30 | THC | 0.61% |
| MicroStrategy Incorporated - MSTR 0 03/01/30 | MSTR | 0.60% |
| Expand Energy Corp. - EXE 6.75 04/15/29 144A | EXE | 0.59% |
| Davita Inc - DVA 6.875 09/01/32 144A | DVA | 0.58% |
| Opal Bidco SAS - OPALBD 6.5 03/31/32 144A | OPALBD | 0.56% |
| The Boeing Company 6% SER A DEP SHS REPSTG 1/20TH INT MANDATORY CONV PFD | BA | 0.55% |
| Ford Motor Credit Company LLC - F 4 11/13/30 | F | 0.54% |
| Kedrion S.p.A. - KEDRIM 6.5 09/01/29 144A | KEDRIM | 0.54% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 5, 2025 | $0.02062 | Sep 8, 2025 |
| Dec 27, 2024 | $0.32365 | Dec 30, 2024 |
| Sep 6, 2024 | $0.0021 | Sep 9, 2024 |
| Dec 27, 2023 | $0.1659 | Dec 28, 2023 |
| Sep 6, 2023 | $0.04883 | Sep 7, 2023 |
| Jun 23, 2023 | $0.19597 | Jun 26, 2023 |