Empower Large Cap Growth Fund Investor Class (MXLGX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.08
+0.11 (1.00%)
Jul 3, 2025, 4:00 PM EDT
1.47%
Fund Assets 1.72B
Expense Ratio 0.98%
Min. Investment $0.00
Turnover 31.00%
Dividend (ttm) 1.00
Dividend Yield 9.17%
Dividend Growth 262.98%
Payout Frequency Semi-Annual
Ex-Dividend Date Dec 27, 2024
Previous Close 10.97
YTD Return 7.36%
1-Year Return 2.16%
5-Year Return 87.38%
52-Week Low 8.60
52-Week High 11.72
Beta (5Y) 1.21
Holdings 96
Inception Date May 21, 2003

About MXLGX

The Empower Large Cap Growth Fund Investor Class is a mutual fund focused on achieving long-term capital appreciation by investing primarily in large-cap U.S. companies with strong growth potential. The fund typically allocates at least 80% of its net assets to equities with market capitalizations of $7 billion or more at the time of purchase, reflecting a growth-oriented investment strategy. Its portfolio is concentrated in leading sectors such as technology, consumer cyclicals, communication services, healthcare, and financial services, with significant holdings in prominent firms like Microsoft, Amazon.com, Alphabet, and NVIDIA. The fund is actively managed, with an emphasis on identifying companies expected to benefit from above-average earnings growth. With a history dating back to 2003, the Empower Large Cap Growth Fund Investor Class is designed for investors seeking exposure to the large-cap growth segment of the U.S. equity market. It is classified in the large growth category and is benchmarked against major indices like the S&P 500 or Russell 1000 Growth. The fund features an above-average expense ratio relative to peers and may also invest in foreign and emerging market securities for diversification. Its role in the market is to provide investors with potential for capital growth through strategic exposure to industry leaders and innovators.

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

Performance

MXLGX had a total return of 2.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.11%.

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
MXGSX Institutional Class 0.62%

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 $0.2672 Dec 28, 2023
Sep 6, 2023 $0.00614 Sep 7, 2023
Jun 23, 2023 $0.00312 Jun 26, 2023
Dec 28, 2022 $0.36965 Dec 29, 2022
Full Dividend History