About MXMGX
Empower T. Rowe Price Mid Cap Growth Fund is a mutual fund focused on providing long-term capital appreciation through investments primarily in mid-cap growth stocks. The fund typically allocates at least 80% of its net assets to equity securities of mid-sized companies that demonstrate strong growth potential. This approach targets firms with market capitalizations generally between small and large-cap ranges, allowing the fund to benefit from dynamic, expanding businesses often at pivotal stages of their development. The portfolio is diversified across key sectors such as technology, healthcare, consumer cyclical, industrials, and communication services, with notable holdings including companies like Microchip Technology, Marvell Technology, and Hologic. The fund benchmarks its performance against the Russell MidCap Growth Index and the Russell 3000 Index, ensuring a disciplined investment process relative to the broader market. Managed with a focus on both growth prospects and prudent risk controls, the Empower T. Rowe Price Mid Cap Growth Fund plays a significant role in the market for investors seeking exposure to innovative, high-potential mid-cap equities within a professionally managed structure.
Fund Family Empower Funds
Category Mid-Cap Growth
Performance Rating Average
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol MXMGX
Share Class Investor Class
Index Russell MidCap Growth TR
MXMGX had a total return of 2.33% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.83%.
