Empower Mid Cap Value Fund Institutional Class (MXKJX)
| Fund Assets | 889.16M |
| Expense Ratio | 0.70% |
| Min. Investment | $0.00 |
| Turnover | 211.00% |
| Dividend (ttm) | 1.25 |
| Dividend Yield | 14.42% |
| Dividend Growth | 481.51% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 8.70 |
| YTD Return | -11.20% |
| 1-Year Return | -1.65% |
| 5-Year Return | 35.64% |
| 52-Week Low | 7.06 |
| 52-Week High | 10.21 |
| Beta (5Y) | n/a |
| Holdings | 240 |
| Inception Date | May 1, 2015 |
About MXKJX
Empower Mid Cap Value Fund Institutional Class is a mutual fund that focuses on long-term capital growth by investing primarily in equity securities of U.S. mid-capitalization companies. The fund typically allocates at least 80% of its assets to mid-cap U.S. issuers, with a small portion—around 1.7%—dedicated to foreign companies listed in the United States. Portfolio management emphasizes value-oriented stocks within the mid-cap segment, aiming to identify companies that appear undervalued based on fundamental analysis. The fund is managed by a team with notable tenure and experience, following the Russell Midcap Value Index as its benchmark. As a diversified fund, it holds a broad array of stocks, with its top ten holdings making up a relatively small portion of total assets, promoting risk management through diversification. Empower Mid Cap Value Fund Institutional Class plays a significant role in investment portfolios seeking exposure to the growth potential of mid-sized companies while maintaining a value-driven approach.
Performance
MXKJX had a total return of -1.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.44%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MXMVX | Investor Class | 1.05% |
Top 10 Holdings
11.12% of assets| Name | Symbol | Weight |
|---|---|---|
| Kinder Morgan, Inc. | KMI | 1.31% |
| AMETEK, Inc. | AME | 1.21% |
| Xcel Energy Inc. | XEL | 1.15% |
| Cummins Inc. | CMI | 1.13% |
| W. R. Berkley Corporation | WRB | 1.10% |
| Corning Incorporated | GLW | 1.06% |
| IQVIA Holdings Inc. | IQV | 1.05% |
| Equifax Inc. | EFX | 1.05% |
| Westinghouse Air Brake Technologies Corporation | WAB | 1.05% |
| Teledyne Technologies Incorporated | TDY | 1.03% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $1.24066 | Dec 30, 2024 |
| Sep 6, 2024 | $0.00487 | Sep 9, 2024 |
| Dec 27, 2023 | $0.15423 | Dec 28, 2023 |
| Sep 6, 2023 | $0.00525 | Sep 7, 2023 |
| Jun 23, 2023 | $0.05471 | Jun 26, 2023 |
| Dec 28, 2022 | $0.16999 | Dec 29, 2022 |