Empower Short Duration Bond Instl (MXXJX)

Fund Assets	610.23M
Expense Ratio	0.25%
Min. Investment	$0.00
Turnover	50.00%
Dividend (ttm)	0.39
Dividend Yield	3.99%
Dividend Growth	-20.80%
Payout Frequency	n/a
Ex-Dividend Date	Dec 29, 2025

Previous Close	9.78
YTD Return	1.35%
1-Year Return	3.31%
5-Year Return	13.82%
52-Week Low	9.63
52-Week High	10.01
Beta (5Y)	0.10
Holdings	515
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.

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

Performance

MXXJX had a total return of 3.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.54%.

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	0.60%

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	$0.37594	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

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 22, 2026

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