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
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol MXLGX
Share Class Investor Class
Index Russell 1000 Growth TR
MXLGX had a total return of 10.16% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.73%.
