Empower International Index Fund Institutional Class (MXPBX)
| Fund Assets | 2.84B |
| Expense Ratio | 0.25% |
| Min. Investment | $0.00 |
| Turnover | 4.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 2.58% |
| Dividend Growth | -44.98% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 12.48 |
| YTD Return | 19.65% |
| 1-Year Return | 9.98% |
| 5-Year Return | 58.02% |
| 52-Week Low | 10.00 |
| 52-Week High | 12.48 |
| Beta (5Y) | n/a |
| Holdings | 771 |
| Inception Date | May 1, 2015 |
About MXPBX
Empower International Index Fund Institutional Class is an open-end mutual fund designed to track the performance of the MSCI EAFE Index, which represents large and mid-cap companies across developed markets in Europe, Australasia, and the Far East, excluding the United States and Canada. The fund predominantly invests at least 80% of its net assets in the common stocks of companies included in the benchmark index or in closely related derivatives, using a full replication indexing strategy to closely mirror the index's composition and performance. With over 700 individual holdings spanning a wide range of sectors and regions, the fund offers broad diversification within the international equity space. Notable for its competitive expense ratio and low turnover, the fund appeals to institutional investors seeking efficient, cost-effective access to developed non-U.S. equity markets. Since its inception in 2015, it has played a significant role in providing exposure to global growth and value opportunities outside North America, making it a core holding in many globally diversified portfolios.
Performance
MXPBX had a total return of 9.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.09%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIENX | Fidelity | Fidelity International Enhanced Index Fund | 0.55% |
| FHLFX | Fidelity | Fidelity Series International Index Fund | 0.01% |
| SWISX | Schwab | Schwab International Index Fund® | 0.06% |
| SICNX | Schwab | Schwab® International Core Equity Fund | 0.86% |
| FSPSX | Fidelity | Fidelity International Index Fund | 0.03% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MXINX | Investor Class | 0.61% |
Top 10 Holdings
17.71% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Institutional Reserves Funds - Dreyfus Institutional Preferred Government Money Market Fund | DSVXX | 5.49% |
| SAP SE | SAPGF | 1.61% |
| Nestlé S.A. | NSRGF | 1.52% |
| ASML Holding N.V. | ASMLF | 1.50% |
| Roche Holding AG | RHHVF | 1.33% |
| AstraZeneca PLC | AZNCF | 1.31% |
| Shell plc | RYDAF | 1.27% |
| Novo Nordisk A/S | NONOF | 1.27% |
| Novartis AG | NVSEF | 1.26% |
| HSBC Holdings plc | HBCYF | 1.16% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.27575 | Dec 30, 2024 |
| Sep 6, 2024 | $0.04152 | Sep 9, 2024 |
| Dec 27, 2023 | $0.56177 | Dec 28, 2023 |
| Sep 6, 2023 | $0.01487 | Sep 7, 2023 |
| Dec 28, 2022 | $0.22437 | Dec 29, 2022 |
| Sep 6, 2022 | $0.00964 | Sep 7, 2022 |