About MXSFX
Empower Real Estate Index Fund Institutional Class is a mutual fund specializing in real estate sector investments, specifically tracking the performance of publicly traded equity real estate investment trusts (REITs). Its primary purpose is to provide investors with exposure to the US real estate market by replicating the holdings and allocation of the Dow Jones US Select REIT Index. The fund maintains a diversified portfolio, with over half of its assets concentrated in its top ten holdings, which include notable REITs such as Prologis, Equinix, and Welltower. It is structured for institutional investors, offering a competitive low expense ratio of 0.30% and requires no minimum initial investment. The fund distributes income on a semi-annual basis and is known for a relatively high dividend yield, which can be appealing for income-focused investors. Empower Real Estate Index Fund Institutional Class plays a significant role in the market by enabling broad, cost-efficient access to the commercial real estate sector, spanning properties such as industrial, office, retail, residential, and storage facilities. The fund’s strategy, built on index replication, aims to deliver performance closely aligned with the broader US REIT market, supporting portfolio diversification for investors seeking real asset exposure.
Fund Family Empower Funds
Category Real Estate
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol MXSFX
Share Class Institutional Class
Index Dow Jones US Select REIT TR
MXSFX had a total return of 12.38% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.96%.
