Empower Short Duration Bond Fund Institutional Class (MXXJX)
| Fund Assets | 559.18M |
| Expense Ratio | 0.24% |
| Min. Investment | $0.00 |
| Turnover | 50.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 4.02% |
| Dividend Growth | -20.80% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 9.69 |
| YTD Return | 0.52% |
| 1-Year Return | 5.02% |
| 5-Year Return | 13.68% |
| 52-Week Low | 9.23 |
| 52-Week High | 9.71 |
| Beta (5Y) | n/a |
| Holdings | 472 |
| Inception Date | May 1, 2015 |
About MXXJX
Empower Short Duration Bond Fund – Institutional Class is an open-end mutual fund focused on high-quality, short-maturity fixed income. Its primary objective is preservation of capital and liquidity while seeking total return from income and modest price appreciation, achieved through an actively managed portfolio of investment‑grade bonds with short interest-rate sensitivity. The strategy emphasizes short-term corporate and government securities, aligning with the short-term bond category to temper duration risk and dampen volatility relative to core bond funds. Notable portfolio exposures often include U.S. Treasuries and large financial issuers, reflecting a credit profile oriented to investment-grade quality. Designed for institutions and sophisticated investors who prioritize stability and efficient cash management, the fund can serve as a ballast within diversified fixed-income allocations, a parking vehicle for near‑term capital needs, or a complement to longer-duration strategies. Its institutional share class structure pairs active security selection with a disciplined risk framework aimed at navigating shifting rate cycles while maintaining liquidity characteristics typical of short-duration mandates.
Performance
MXXJX had a total return of 5.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.72%.
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 |
|---|---|---|
| MXSDX | Investor Class | 0.59% |
Top 10 Holdings
19.99% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills 3.63% | B.0 01.06.26 | 5.53% |
| United States Treasury Notes 3.88% | T.3.875 05.31.27 | 5.28% |
| Federal Home Loan Banks 3.55% | FHLBDN.0 01.02.18 | 2.00% |
| Federal Home Loan Banks 3.58% | FHLBDN.0 01.20.10 | 1.47% |
| Goldman Sachs Group, Inc. 4.15% | GS.V4.153 10.21.29 | 1.26% |
| Bank of America Corp. 6.2% | BAC.V6.204 11.10.28 | 1.12% |
| B.A.T. Capital Corporation 4.91% | BATSLN.4.906 04.02.30 | 0.97% |
| Boeing Co. 6.3% | BA.6.298 05.01.29 | 0.81% |
| Boeing Co. 2.75% | BA.2.75 02.01.26 | 0.80% |
| Hyundai Capital America 5.3% | HYNMTR.5.3 01.08.29 144A | 0.74% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $0.37594 | Dec 30, 2025 |
| Sep 5, 2025 | $0.01394 | Sep 8, 2025 |
| Dec 27, 2024 | $0.49229 | Dec 30, 2024 |
| Dec 27, 2023 | $0.06686 | Dec 28, 2023 |
| Sep 26, 2023 | $0.07853 | Sep 27, 2023 |
| Sep 6, 2023 | $0.0057 | Sep 7, 2023 |