Empower Global Bond Fund Institutional Class (MXZMX)

Fund Assets	740.09M
Expense Ratio	0.64%
Min. Investment	$0.00
Turnover	153.00%
Dividend (ttm)	0.23
Dividend Yield	3.00%
Dividend Growth	14.29%
Payout Frequency	n/a
Ex-Dividend Date	Dec 29, 2025

Previous Close	7.75
YTD Return	-1.27%
1-Year Return	-0.03%
5-Year Return	-6.64%
52-Week Low	7.55
52-Week High	8.11
Beta (5Y)	0.13
Holdings	934
Inception Date	May 1, 2015

About MXZMX

Empower Global Bond Fund Institutional Class is a mutual fund specializing in global fixed-income securities. Its primary objective is to provide investors with current income while pursuing capital appreciation and growth of income over time. The fund achieves this by investing at least 80% of its net assets in bonds issued by both U.S. and international entities, typically spanning at least three different countries. The fund’s portfolio holds a broad mix of debt securities, including bonds and notes of varying maturities, and it may also maintain exposure to multiple foreign currencies. This extensive diversification aims to mitigate risk and capitalize on opportunities across global bond markets. With over 800 individual holdings and nearly $500 million in assets under management, the fund offers institutional investors diversified access to the world bond category. Its role in the financial markets is to serve as a vehicle for broad international income generation and portfolio diversification, making it relevant for those seeking global fixed-income exposure within an actively managed strategy.

• Fund Family: Empower Funds
• Category: World Bond
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MXZMX
• Share Class: Institutional Class
• Index: Bloomberg Global Aggregate Bond TR

Performance

MXZMX had a total return of -0.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.36%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MXGBX	Investor Class	0.99%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 29, 2025	$0.20708	Dec 30, 2025
Sep 5, 2025	$0.02413	Sep 8, 2025
Dec 27, 2024	$0.2023	Dec 30, 2024
Jun 23, 2023	$0.06805	Jun 26, 2023
Sep 6, 2022	$0.03317	Sep 7, 2022
Jun 23, 2022	$0.06079	Jun 24, 2022

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 21, 2026

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