Empower Multi-Sector Bond Instl (MXUGX)
| Fund Assets | 1.25B |
| Expense Ratio | 0.55% |
| Min. Investment | $0.00 |
| Turnover | 65.00% |
| Dividend (ttm) | 0.55 |
| Dividend Yield | 6.31% |
| Dividend Growth | 102.07% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Sep 5, 2025 |
| Previous Close | 8.65 |
| YTD Return | 6.79% |
| 1-Year Return | -0.80% |
| 5-Year Return | 7.02% |
| 52-Week Low | 8.05 |
| 52-Week High | 8.73 |
| Beta (5Y) | n/a |
| Holdings | 1639 |
| Inception Date | May 1, 2015 |
About MXUGX
Empower Multi-Sector Bond Fund Institutional Class is an open-end mutual fund focused on diversified fixed-income investing across multiple sectors. Its primary objective is to deliver high total return by combining current income with capital appreciation, allocating the majority of assets to bonds and debt instruments while actively rotating among corporate credit, securitized products, and government-related exposures to capture relative value opportunities. The fund follows a flexible, multi-sector mandate that spans investment-grade and below-investment-grade segments, as well as structured credit such as asset-backed and mortgage-related securities, enabling broad credit and duration management. It targets efficiency through an institutional share class with a competitive expense ratio and seeks to balance yield generation with risk controls across market cycles. With a sizable asset base and hundreds of individual holdings, the portfolio emphasizes diversification and liquidity while pursuing incremental spreads beyond traditional core benchmarks. Periodic income distributions support its role as a core-plus fixed-income holding for investors seeking diversified bond exposure within a single, actively managed strategy.
Performance
MXUGX had a total return of -0.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.27%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MXLMX | Investor Class | 0.90% |
Top 10 Holdings
13.10% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes - T 3.75 04/30/27 | T | 3.03% |
| United States Treasury Notes - T 4 03/31/30 | T | 2.99% |
| Dreyfus Institutional Reserves Funds - Dreyfus Institutional Preferred Government Money Market Fund | DSVXX | 1.89% |
| United States Treasury Notes - T 4 02/15/34 | T | 0.98% |
| United States Treasury Bills - B 0 12/26/25 | B | 0.97% |
| United States Treasury Notes - T 4 02/28/30 | T | 0.96% |
| EchoStar Corp. - SATS 10.75 11/30/29 . | SATS | 0.69% |
| United States Treasury Bills - B 0 12/18/25 | B | 0.61% |
| Federal Home Loan Mortgage Corp. - FR SL0627 | FHLMC | 0.51% |
| United States Treasury Bonds - T 4.5 11/15/54 | T | 0.46% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 5, 2025 | $0.02035 | Sep 8, 2025 |
| Dec 27, 2024 | $0.5266 | Dec 30, 2024 |
| Sep 6, 2024 | $0.00715 | Sep 9, 2024 |
| Dec 27, 2023 | $0.26353 | Dec 28, 2023 |
| Sep 6, 2023 | $0.01231 | Sep 7, 2023 |
| Jun 23, 2023 | $0.19796 | Jun 26, 2023 |