Empower Short Duration Bond Fund Investor Class (MXSDX)

Fund Assets	610.23M
Expense Ratio	0.60%
Min. Investment	$0.00
Turnover	50.00%
Dividend (ttm)	0.32
Dividend Yield	3.05%
Dividend Growth	-28.96%
Payout Frequency	n/a
Ex-Dividend Date	Dec 29, 2025

Previous Close	10.62
YTD Return	1.24%
1-Year Return	2.99%
5-Year Return	11.88%
52-Week Low	10.48
52-Week High	10.79
Beta (5Y)	0.10
Holdings	515
Inception Date	Aug 1, 1995

About MXSDX

Empower Short Duration Bond Fund Investor Class is an open-end mutual fund focused on high-quality, U.S.-dollar fixed income with a short interest-rate profile. Its primary objective is to provide current income while limiting interest-rate sensitivity by maintaining a typical duration range of about one to three and a half years, consistent with the short-term bond category. The portfolio invests predominantly in investment-grade corporate bonds, U.S. Treasury notes and bills, and securitized instruments such as asset-backed securities, supplemented by cash equivalents for liquidity management. This short-duration orientation aims to dampen price volatility relative to intermediate and long-term bond strategies, aligning it with more conservative fixed income allocations. The fund’s holdings have included issues from major U.S. financial institutions alongside U.S. government securities, reflecting a diversified credit mix within investment grade. Category placement and peer comparisons position it as a core short-term bond option for investors seeking capital preservation with income and reduced rate risk versus longer-duration funds.

• Fund Family: Empower Funds
• Category: Short-Term Bond
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MXSDX
• Share Class: Investor Class
• Index: Bloomberg 1-3 Y Credit TR

Performance

MXSDX had a total return of 2.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.93%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FYBTX	Fidelity	Fidelity Series Short-Term Credit Fund	0.45%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MXXJX	Institutional Class	0.25%

Top 10 Holdings

19.87% of assets

Name	Symbol	Weight
Federal Home Loan Banks - FHLBDN 0 04/06/26	FHLB	7.16%
United States Treasury Notes - T 3.875 05/31/27	T	4.98%
United States Treasury Bills - B 0 05/07/26	B	1.74%
Goldman Sachs Group, Inc. - GS V4.153 10/21/29	GS	1.18%
Bank of America Corp. - BAC V6.204 11/10/28	BAC	1.05%
B.A.T. Capital Corporation - BATSLN 4.906 04/02/30	BATSLN	0.91%
Boeing Co. - BA 6.298 05/01/29	BA	0.76%
Medline Borrower LP - MEDIND 3.875 04/01/29 144A	MEDIND	0.70%
Dick's Sporting Goods, Inc. - DKS 4 10/01/29 144A	DKS	0.69%
Hyundai Capital America - HYNMTR 5.3 01/08/29 144A	HYNMTR	0.69%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 29, 2025	$0.30768	Dec 30, 2025
Sep 5, 2025	$0.01585	Sep 8, 2025
Dec 27, 2024	$0.45541	Dec 30, 2024
Dec 27, 2023	$0.02674	Dec 28, 2023
Sep 26, 2023	$0.06685	Sep 27, 2023
Sep 6, 2023	$0.00605	Sep 7, 2023

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 24, 2026

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