Empower Small Cap Growth Fund Institutional (MXMSX)
| Fund Assets | 78.18M |
| Expense Ratio | 0.84% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.83 |
| Dividend Yield | 7.50% |
| Dividend Growth | n/a |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 10.88 |
| YTD Return | 0.64% |
| 1-Year Return | -5.93% |
| 5-Year Return | 37.23% |
| 52-Week Low | 8.47 |
| 52-Week High | 12.58 |
| Beta (5Y) | n/a |
| Holdings | 193 |
| Inception Date | Sep 10, 2015 |
About MXMSX
Empower Small Cap Growth Fund Institutional Class is an actively managed mutual fund focused on achieving long-term capital appreciation by investing primarily in small-capitalization U.S. companies. Under normal circumstances, the fund allocates at least 80% of its net assets to equity securities of small companies, defined as those within the market capitalization range of the Russell 2000 Index at the time of purchase. The fund's investment approach targets firms poised for above-average growth, spanning sectors such as technology, healthcare, consumer defensive, basic materials, and industrials. Managed by Empower Funds since its 2015 inception, the fund maintains a diversified portfolio with over 180 holdings and a moderate turnover rate of about 60%. With a competitive expense ratio of 0.84%, notably lower than the category average, the fund seeks to offer institutional investors cost-effective exposure to the growth potential of U.S. small-cap equities. Its assets under management are typically below the average for its peer group, a factor that can support nimble and targeted active management in the small-cap space.
Performance
MXMSX had a total return of -5.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.73%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FECGX | Fidelity | Fidelity Small Cap Growth Index Fund | 0.05% |
| FCIGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class I | 1.07% |
| FCPGX | Fidelity | Fidelity Small Cap Growth Fund | 1.05% |
| FCTGX | Fidelity | Fidelity Advisor Small Cap Growth M | 1.58% |
| FCCGX | Fidelity | Fidelity Small Cap Growth Fund | 2.08% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MXMTX | Investor Class | 1.19% |
Top 10 Holdings
14.52% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Institutional Reserves Funds - Dreyfus Institutional Preferred Government Money Market Fund | DSVXX | 3.49% |
| The Baldwin Insurance Group, Inc. | BWIN | 1.35% |
| PTC Inc. | PTC | 1.33% |
| SS&C Technologies Holdings, Inc. | SSNC | 1.33% |
| Box, Inc. | BOX | 1.26% |
| Ryan Specialty Holdings, Inc. | RYAN | 1.25% |
| PAR Technology Corporation | PAR | 1.17% |
| Element Solutions Inc | ESI | 1.17% |
| Stifel Financial Corp. | SF | 1.10% |
| Insmed Incorporated | INSM | 1.07% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.81125 | Dec 30, 2024 |
| Sep 6, 2024 | $0.0147 | Sep 9, 2024 |
| Sep 6, 2023 | $0.00259 | Sep 7, 2023 |
| Dec 28, 2022 | $0.0212 | Dec 29, 2022 |
| Sep 6, 2022 | $0.34994 | Sep 7, 2022 |
| Dec 29, 2021 | $1.96249 | Dec 30, 2021 |