Empower Large Cap Growth Fund Investor Class (MXLGX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.22
+0.04 (0.36%)
Jul 24, 2025, 4:00 PM EDT
0.36%
Fund Assets1.76B
Expense Ratio0.98%
Min. Investment$0.00
Turnover31.00%
Dividend (ttm)1.00
Dividend Yield8.94%
Dividend Growth262.98%
Payout FrequencySemi-Annual
Ex-Dividend DateDec 27, 2024
Previous Close11.18
YTD Return8.72%
1-Year Return4.60%
5-Year Return82.47%
52-Week Low8.60
52-Week High11.72
Beta (5Y)1.21
Holdings96
Inception DateMay 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 4.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.16%.

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
MXGSXInstitutional Class0.62%

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