About MXMVX
The Empower Mid Cap Value Fund Investor Class is a mutual fund designed to provide long-term capital growth by investing primarily in equity securities of U.S. mid-sized companies. The fund follows a value investing strategy, focusing on companies considered undervalued relative to their peers due to economic, market, or company-specific factors. Its investment approach emphasizes identifying mid-cap firms with solid fundamentals trading below their intrinsic worth, typically across sectors such as industrials, basic materials, utilities, consumer cyclical, and energy. The fund’s portfolio is diversified, with the top holdings representing companies like Parker Hannifin Corp, D.R. Horton Inc, AMETEK Inc, and Martin Marietta Materials Inc, spread over various industries. This fund is categorized within the Mid-Cap Value segment, providing investors access to a specific slice of the equity market that can offer both growth potential and resilience. It is suitable for investors seeking exposure to undervalued mid-cap equities through a professionally managed, actively selected portfolio.
Fund Family Empower Funds
Category Mid-Cap Value
Stock Exchange NASDAQ
Ticker Symbol MXMVX
Share Class Investor Class
Index Russell MidCap Value TR
MXMVX had a total return of -2.42% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.55%.
