Empower Core Bond Instl (MXIUX)
| Fund Assets | 650.51M |
| Expense Ratio | 0.35% |
| Min. Investment | $0.00 |
| Turnover | 278.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.74% |
| Dividend Growth | 8.85% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Sep 5, 2025 |
| Previous Close | 8.75 |
| YTD Return | 6.32% |
| 1-Year Return | -1.24% |
| 5-Year Return | -4.98% |
| 52-Week Low | 8.13 |
| 52-Week High | 8.90 |
| Beta (5Y) | n/a |
| Holdings | 1437 |
| Inception Date | May 1, 2015 |
About MXIUX
Empower Core Bond Fund Institutional Class is a mutual fund that focuses on providing a total return by investing primarily in a diversified portfolio of investment grade fixed income securities. The fund allocates at least 80% of its assets to bonds and other fixed income instruments that are rated BBB or above by Standard & Poor’s or Baa2 or higher by Moody’s, emphasizing both capital appreciation and income generation through interest payments. Its holdings span various sectors within the bond market, including government, corporate, and mortgage-backed securities, making it representative of the broader U.S. investment grade bond universe. This fund serves as a core fixed income holding for institutional investors seeking stable income and moderate risk, characteristic of intermediate-term bond strategies. It aims to deliver returns through both the appreciation in the value of its underlying securities and recurring income, enhancing portfolio diversification for its investors. The fund is known for its competitive expense ratio, lack of investment minimums, and regular dividend distribution, making it suitable for retirement plans and other institutional portfolios. Empower Core Bond Fund Institutional Class plays an important role in the financial market by providing access to broad-based, actively managed bond exposure for long-term investors.
Performance
MXIUX had a total return of -1.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.60%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MXFDX | Investor Class | 0.70% |
Top 10 Holdings
19.56% of assets| Name | Symbol | Weight |
|---|---|---|
| Federal National Mortgage Association - FNMA-30YR | FNMA | 4.65% |
| United States Treasury Bills - B 0 07/08/25 | B | 2.88% |
| Dreyfus Institutional Reserves Funds - Dreyfus Institutional Preferred Government Money Market Fund | DSVXX | 1.78% |
| United States Treasury Notes - T 1.5 02/15/30 | T | 1.73% |
| Federal National Mortgage Association - FNMA-30YR | FNMA | 1.61% |
| United States Treasury Bills - B 0 07/31/25 | B | 1.50% |
| United States Treasury Notes - T 4.625 02/15/35 | T | 1.47% |
| United States Treasury Notes - T 4.125 11/15/27 | T | 1.42% |
| Federal National Mortgage Association - FN MA4356 | FNMA | 1.37% |
| United States Treasury Notes - T 4.25 11/15/34 | T | 1.16% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 5, 2025 | $0.01249 | Sep 8, 2025 |
| Dec 27, 2024 | $0.31367 | Dec 30, 2024 |
| Sep 6, 2024 | $0.01724 | Sep 9, 2024 |
| Dec 27, 2023 | $0.28241 | Dec 28, 2023 |
| Sep 26, 2023 | $0.04644 | Sep 27, 2023 |
| Sep 6, 2023 | $0.00409 | Sep 7, 2023 |