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Trending ETFs

Empower Core Strategies: U.S. Equity Fund

mutual fund
MXETX
Payout Change
Pending
Price as of:
$13.86 +0.1 +0.73%
primary theme
N/A
share class
Investor (MXETX) Instl (MXEBX)
MXETX (Mutual Fund)

Empower Core Strategies: U.S. Equity Fund

Payout Change
Pending
Price as of:
$13.86 +0.1 +0.73%
primary theme
N/A
share class
Investor (MXETX) Instl (MXEBX)
MXETX (Mutual Fund)

Empower Core Strategies: U.S. Equity Fund

Payout Change
Pending
Price as of:
$13.86 +0.1 +0.73%
primary theme
N/A
share class
Investor (MXETX) Instl (MXEBX)

Name

As of 12/11/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Empower Core Strategies: U.S. Equity Fund

MXETX | Fund

$13.86

$695 M

0.42%

$0.06

0.91%

Vitals

YTD Return

26.2%

1 yr return

28.6%

3 Yr Avg Return

2.8%

5 Yr Avg Return

N/A

Net Assets

$695 M

Holdings in Top 10

22.9%

52 WEEK LOW AND HIGH

$13.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.91%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/11/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Empower Core Strategies: U.S. Equity Fund

MXETX | Fund

$13.86

$695 M

0.42%

$0.06

0.91%

MXETX - Profile

Distributions

  • YTD Total Return 26.2%
  • 3 Yr Annualized Total Return 2.8%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    Empower Core Strategies: U.S. Equity Fund
  • Fund Family Name
    N/A
  • Inception Date
    Sep 03, 2020
  • Shares Outstanding
    N/A
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

Below is a summary of the principal investment strategies of the Fund.The Fund will, under normal circumstances, invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of U.S. companies. The Fund currently expects (as of the date of this Prospectus) to invest 60-90% of its net assets in equity securities of large capitalization (“large cap”) companies that, at the time of purchase, are similar in size to companies in the Russell 1000® Index and 10-40% of its net assets in equity securities of small capitalization (“small cap”) companies that, at the time of purchase, are similar in size to companies in the Russell 2000® Index; however the Fund may have exposure to U.S. stocks across any market capitalization and style and the Fund’s exposure will vary from time to time across sectors.Equity securities include common stock and other investment instruments such as exchange-traded funds (“ETFs”) that track the return of a broad-based U.S. securities index. The Fund may also invest in derivatives, including but not limited to, futures contracts and forward foreign currency contracts.Empower Capital Management, LLC (“ECM”) is the Fund’s investment adviser and, subject to the approval of the Board of Directors of Empower Funds (the “Board”), selects the Fund’s sub-advisers and monitors their performance on an ongoing basis. The Fund’s investment portfolio is managed by four sub-advisers: Irish Life Investment Managers Limited (“ILIM”), J.P. Morgan Investment Management Inc. (“JPMorgan”), Loomis, Sayles & Company, L.P. (“Loomis Sayles”) and Putnam Investment Management, LLC (“Putnam”) (each, a “Sub-Adviser,” and collectively, the “Sub-Advisers”).•ILIM utilizes a passive investment strategy designed to track, as closely as possible, the performance of the Standard & Poor’s 500® Index (“S&P 500 Index”) by investing in the common stocks of each company in the S&P 500 Index in approximately the same proportion as their weighting in the S&P 500 Index.•JPMorgan invests primarily in equity securities of large, well-established U.S. companies with a market capitalization equal to those within the universe of the Russell 1000® Growth Index at the time of purchase. JPMorgan employs a fundamental bottom-up approach that seeks to identify companies with positive price momentum and attractive fundamental dynamics.•Loomis Sayles seeks to build a small cap portfolio of common stocks of companies that the portfolio managers believe are undervalued in the market and have favorable prospects for recovery. Loomis Sayles believes that known and recurring inefficiencies are available in the small cap market, and through a repeatable investment process, seeks to invest in higher quality businesses trading at a discount to intrinsic value utilizing rigorous fundamental research.•Putnam invests mainly in common stocks of large and midsize U.S. companies, with a focus on value stocks that offer the potential for capital growth, current income, or both. Putnam integrates environmental, social, and governance (“ESG”) considerations into its fundamental research process and investment decision-making when the portfolio managers consider them material and relevant. ESG considerations are only one component in the evaluation of eligible investments and may not be a determinative factor in the final investment decision.ECM maintains a strategic allocation of the Fund’s assets with each Sub-Adviser and reviews the asset allocations on a quarterly basis, or more frequently as deemed necessary. As of the date of this Prospectus, the target asset allocation is a 50% allocation of the Fund’s assets to ILIM, a 10% allocation of the Fund’s assets to JPMorgan, a 20% allocation of the Fund’s assets to Loomis Sayles, and a 20% allocation of the Fund’s assets to Putnam. Actual allocations may vary from the target allocations and ECM may change the asset allocations at any time without shareholder notice or approval.
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MXETX - Performance

Return Ranking - Trailing

Period MXETX Return Category Return Low Category Return High Rank in Category (%)
YTD 26.2% N/A N/A N/A
1 Yr 28.6% N/A N/A N/A
3 Yr 2.8%* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period MXETX Return Category Return Low Category Return High Rank in Category (%)
2023 16.8% N/A N/A N/A
2022 -31.7% N/A N/A N/A
2021 25.5% N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period MXETX Return Category Return Low Category Return High Rank in Category (%)
YTD 26.2% N/A N/A N/A
1 Yr 28.6% N/A N/A N/A
3 Yr 2.8%* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period MXETX Return Category Return Low Category Return High Rank in Category (%)
2023 22.8% N/A N/A N/A
2022 -31.7% N/A N/A N/A
2021 25.5% N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

NAV & Total Return History

MXETX - Holdings

Concentration Analysis

MXETX Category Low Category High MXETX % Rank
Net Assets 695 M N/A N/A N/A
Number of Holdings 661 N/A N/A N/A
Net Assets in Top 10 146 M N/A N/A N/A
Weighting of Top 10 22.91% N/A N/A N/A

Top 10 Holdings

  1. Microsoft Corp. COM 4.80%
  2. Apple Inc. COM 4.16%
  3. NVIDIA Corp. COM USD0.001 3.99%
  4. Amazon.com, Inc. COM 2.41%
  5. Meta Platforms Inc CL A 1.88%
  6. Alphabet Inc. CAP STK CL C 1.26%
  7. Eli Lilly Co. COM 1.23%
  8. Exxon Mobil Corp. COM NPV 1.13%
  9. Broadcom Inc COM 1.06%
  10. Alphabet Inc. CAP STK CL A 1.00%

Asset Allocation

Weighting Return Low Return High MXETX % Rank
Stocks 		97.54% N/A N/A N/A
Cash 		1.43% N/A N/A N/A
Other 		0.98% N/A N/A N/A
Bonds 		0.05% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High MXETX % Rank
Utilities 		0.00% N/A N/A N/A
Technology 		0.00% N/A N/A N/A
Real Estate 		0.00% N/A N/A N/A
Industrials 		0.00% N/A N/A N/A
Healthcare 		0.00% N/A N/A N/A
Financial Services 		0.00% N/A N/A N/A
Energy 		0.00% N/A N/A N/A
Communication Services 		0.00% N/A N/A N/A
Consumer Defense 		0.00% N/A N/A N/A
Consumer Cyclical 		0.00% N/A N/A N/A
Basic Materials 		0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High MXETX % Rank
US 		96.65% N/A N/A N/A
Non US 		0.90% N/A N/A N/A

Bond Sector Breakdown

Weighting Return Low Return High MXETX % Rank
Derivative 		0.98% N/A N/A N/A
Cash & Equivalents 		0.76% N/A N/A N/A
Securitized 		0.00% N/A N/A N/A
Corporate 		0.00% N/A N/A N/A
Municipal 		0.00% N/A N/A N/A
Government 		0.00% N/A N/A N/A

Bond Geographic Breakdown

Weighting Return Low Return High MXETX % Rank
US 		0.05% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

MXETX - Expenses

Operational Fees

MXETX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.91% N/A N/A N/A
Management Fee 0.47% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

MXETX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

MXETX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MXETX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

MXETX - Distributions

Dividend Yield Analysis

MXETX Category Low Category High MXETX % Rank
Dividend Yield 0.42% N/A N/A N/A

Dividend Distribution Analysis

MXETX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual

Net Income Ratio Analysis

MXETX Category Low Category High MXETX % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

MXETX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

MXETX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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