Home
Guide
Picks
High Yield
Dates
Monthly
Screener
Resources
ESG
Retire
Channels
Continue to site >
Trending ETFs

Empower Core Strategies: International Equity Fund

mutual fund
MXEVX
Payout Change
Pending
Price as of:
$10.46 -0.09 -0.85%
primary theme
N/A
share class
Investor (MXEVX) Instl (MXECX)
MXEVX (Mutual Fund)

Empower Core Strategies: International Equity Fund

Payout Change
Pending
Price as of:
$10.46 -0.09 -0.85%
primary theme
N/A
share class
Investor (MXEVX) Instl (MXECX)
MXEVX (Mutual Fund)

Empower Core Strategies: International Equity Fund

Payout Change
Pending
Price as of:
$10.46 -0.09 -0.85%
primary theme
N/A
share class
Investor (MXEVX) Instl (MXECX)

Name

As of 12/12/2024

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: International Equity Fund

MXEVX | Fund

$10.46

$942 M

1.06%

$0.11

1.10%

Vitals

YTD Return

6.0%

1 yr return

7.8%

3 Yr Avg Return

-0.5%

5 Yr Avg Return

N/A

Net Assets

$942 M

Holdings in Top 10

10.5%

52 WEEK LOW AND HIGH

$10.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.10%

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 12/12/2024

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: International Equity Fund

MXEVX | Fund

$10.46

$942 M

1.06%

$0.11

1.10%

MXEVX - Profile

Distributions

  • YTD Total Return 6.0%
  • 3 Yr Annualized Total Return -0.5%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 1.1%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    Empower Core Strategies: International 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 issuers economically tied to countries other than the U.S., including those in emerging markets. The Fund may have significant investments in a particular country, a small number of countries, or a particular geographic region. The Fund may have exposure to non-U.S. stocks across any market capitalization and style and the Fund’s exposure will vary from time to time across sectors.The issuer of a security or other investment is generally deemed to be economically tied to a particular country other than the U.S. if: (1) the security or other investment is issued or guaranteed by the government of that country or any of its agencies, authorities or instrumentalities; (2) the issuer is organized under the laws of that country; (3) the issuer maintains a principal office in that country; (4) the issuer has its principal securities trading market in that country; (5) the issuer derives 50% or more of its total revenues from goods sold or services performed in that country; (6) the issuer has 50% or more of its assets in that country; or (7) the issuer is included in an index which is representative of that country.Equity securities include common stock and other investment instruments such as depositary receipts and exchange-traded funds (“ETFs”) that track the return of a broad-based international 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 three sub-advisers: Franklin Templeton Institutional, LLC (“Franklin Templeton”), Irish Life Investment Managers Limited (“ILIM”), and LSV Asset Management (“LSV”) (each, a “Sub-Adviser,” and collectively, the “Sub-Advisers”).•Franklin Templeton employs a disciplined, bottom-up investment approach to identify attractive investment opportunities that are expected to have higher revenue and earnings growth than their peers. Alongside traditional financial and economic analyses, Franklin Templeton assesses the potential impacts of material environmental, social and governance (“ESG”) factors on an issuer, which Franklin Templeton believes provides a measure of the issuer’s sustainability. ESG considerations are only one component in the evaluation of eligible investments and may not be a determinative factor in the final investment decision.•ILIM utilizes a passive investment strategy designed to track, as closely as possible, the performance of the MSCI EAFE Index by investing in the common stocks of each company in the MSCI EAFE Index in approximately the same proportion as their weighting in the MSCI EAFE Index.•LSV generally focuses on investing in securities of companies that it believes are undervalued in the marketplace at the time of purchase and show recent positive signals, such as an appreciation in price and increase in earnings. LSV uses a quantitative investment model to make investment decisions. The investment model ranks securities based on fundamental measures of value (such as the dividend yield) and indicators of near-term recovery (such as recent price appreciation). This investment strategy seeks to manage overall portfolio risk while attempting to increase the expected return.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 percentage is a 15% allocation of the Fund’s assets to Franklin Templeton, a 50% allocation of the Fund’s assets to ILIM, and a 35% allocation of the Fund’s assets to LSV. Actual allocations may vary from the target allocations and ECM may change the asset allocations at any time without shareholder notice or approval.
Read More

MXEVX - Performance

Return Ranking - Trailing

Period MXEVX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.0% N/A N/A N/A
1 Yr 7.8% N/A N/A N/A
3 Yr -0.5%* 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 MXEVX Return Category Return Low Category Return High Rank in Category (%)
2023 14.7% N/A N/A N/A
2022 -17.2% N/A N/A N/A
2021 1.8% 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 MXEVX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.0% N/A N/A N/A
1 Yr 7.8% N/A N/A N/A
3 Yr -0.5%* 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 MXEVX Return Category Return Low Category Return High Rank in Category (%)
2023 17.1% N/A N/A N/A
2022 -17.2% N/A N/A N/A
2021 1.8% 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

MXEVX - Holdings

Concentration Analysis

MXEVX Category Low Category High MXEVX % Rank
Net Assets 942 M N/A N/A N/A
Number of Holdings 935 N/A N/A N/A
Net Assets in Top 10 100 M N/A N/A N/A
Weighting of Top 10 10.46% N/A N/A N/A

Top 10 Holdings

  1. Novartis AG CHF0.49 (REGD) 1.54%
  2. ASML Holding N.V. EUR0.09 1.41%
  3. Roche Holdings AG GENUSSCHEINE NPV 1.36%
  4. Shell PLC ORD EUR0.07 1.08%
  5. Novo Nordisk A/S SER'B'DKK0.1 1.07%
  6. SAP SE ORD NPV 1.03%
  7. GSK plc ORD GBP0.3125 0.77%
  8. TotalEnergies SE EUR2.5 0.75%
  9. Nestle SA CHF0.10 (REGD) 0.73%
  10. Alcon AG CHF0.04 0.71%

Asset Allocation

Weighting Return Low Return High MXEVX % Rank
Stocks 		95.37% N/A N/A N/A
Cash 		2.03% N/A N/A N/A
Preferred Stocks 		1.86% N/A N/A N/A
Bonds 		0.55% N/A N/A N/A
Other 		0.20% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High MXEVX % 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 MXEVX % Rank
Non US 		92.93% N/A N/A N/A
US 		2.43% N/A N/A N/A

Bond Sector Breakdown

Weighting Return Low Return High MXEVX % Rank
Derivative 		0.20% N/A N/A N/A
Cash & Equivalents 		0.00% 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 MXEVX % Rank
US 		0.55% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

MXEVX - Expenses

Operational Fees

MXEVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.10% N/A N/A N/A
Management Fee 0.53% 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

MXEVX 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

MXEVX 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.

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

MXEVX - Distributions

Dividend Yield Analysis

MXEVX Category Low Category High MXEVX % Rank
Dividend Yield 1.06% N/A N/A N/A

Dividend Distribution Analysis

MXEVX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual

Net Income Ratio Analysis

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

Capital Gain Distribution Analysis

MXEVX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

MXEVX - Fund Manager Analysis

Tenure Analysis

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

Advertisement

×

Wait! Rates are rising, is your portfolio ready?

×