Empower Multi-Sector Bond Instl (MXUGX)

Fund Assets	1.51B
Expense Ratio	0.55%
Min. Investment	$0.00
Turnover	74.00%
Dividend (ttm)	0.50
Dividend Yield	6.09%
Dividend Growth	-8.78%
Payout Frequency	Semi-Annual
Ex-Dividend Date	Sep 4, 2026

Previous Close	8.19
YTD Return	-1.09%
1-Year Return	0.16%
5-Year Return	8.39%
52-Week Low	8.19
52-Week High	8.76
Beta (5Y)	0.30
Holdings	1878
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.

• Fund Family: Empower Funds
• Category: Multisector Bond
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MXUGX
• Share Class: Institutional Class
• Index: Bloomberg Multiverse TR USD Unhedged

Performance

MXUGX had a total return of 0.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.60%.

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%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 4, 2026	$0.01931	Sep 8, 2026
Dec 29, 2025	$0.47964	Dec 30, 2025
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

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:

Sep 28, 2026

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