Empower S&P Mid Cap 400® Index Fund Institutional Class (MXNZX)
| Fund Assets | 1.50B |
| Expense Ratio | 0.18% |
| Min. Investment | $0.00 |
| Turnover | 18.00% |
| Dividend (ttm) | 1.54 |
| Dividend Yield | 19.23% |
| Dividend Growth | 115.66% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 8.12 |
| YTD Return | 11.23% |
| 1-Year Return | 28.99% |
| 5-Year Return | 43.44% |
| 52-Week Low | 7.27 |
| 52-Week High | 8.81 |
| Beta (5Y) | n/a |
| Holdings | 403 |
| Inception Date | May 1, 2015 |
About MXNZX
Empower S&P Mid Cap 400 Index Fund Institutional Class is a mutual fund aimed at replicating the performance of the S&P MidCap 400 Index, which represents the mid-cap segment of the U.S. equity market. The fund invests at least 80% of its net assets in common stocks included in the S&P MidCap 400 Index, which comprises 400 midsize companies across diverse sectors. With a portfolio holding over 400 securities, this fund offers investors broad exposure to U.S. mid-cap equities. It is positioned as a cost-effective solution, benefiting from a low expense ratio and semi-annual dividend distributions. Designed for institutional investors, the fund seeks to provide results closely aligned with its benchmark index, serving as a core holding for those seeking targeted mid-cap market exposure and diversification within U.S. equities. Established in 2015, the fund is recognized for its size, disciplined index-based strategy, and relevance for both retirement and institutional portfolios.
Performance
MXNZX had a total return of 28.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.26%.
Top 10 Holdings
7.30% of assets| Name | Symbol | Weight |
|---|---|---|
| Ciena Corporation | CIEN | 1.02% |
| Coherent Corp. | COHR | 0.90% |
| Lumentum Holdings Inc. | LITE | 0.81% |
| Flex Ltd. | FLEX | 0.69% |
| Twilio Inc. | TWLO | 0.67% |
| United Therapeutics Corporation | UTHR | 0.65% |
| Everpure Inc Class A | PSTG | 0.65% |
| Casey's General Stores, Inc. | CASY | 0.64% |
| Curtiss-Wright Corporation | CW | 0.63% |
| Illumina, Inc. | ILMN | 0.63% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $1.30099 | Dec 30, 2025 |
| Sep 5, 2025 | $0.2393 | Sep 8, 2025 |
| Dec 27, 2024 | $0.56157 | Dec 30, 2024 |
| Sep 6, 2024 | $0.15264 | Sep 9, 2024 |
| Dec 27, 2023 | $0.86182 | Dec 28, 2023 |
| Sep 6, 2023 | $0.09783 | Sep 7, 2023 |