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Trending ETFs

Empower T. Rowe Price Mid Cap Growth Fund

mutual fund
MXMGX
Payout Change
Suspended
Price as of:
$39.05 +0.43 +1.11%
primary theme
U.S. Mid-Cap Growth Equity
share class
MXMGX (Mutual Fund)

Empower T. Rowe Price Mid Cap Growth Fund

Payout Change
Suspended
Price as of:
$39.05 +0.43 +1.11%
primary theme
U.S. Mid-Cap Growth Equity
share class
MXMGX (Mutual Fund)

Empower T. Rowe Price Mid Cap Growth Fund

Payout Change
Suspended
Price as of:
$39.05 +0.43 +1.11%
primary theme
U.S. Mid-Cap Growth Equity
share class

Name

As of 10/11/2024

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

$39.05

$1.87 B

0.00%

1.02%

Vitals

YTD Return

9.5%

1 yr return

22.8%

3 Yr Avg Return

1.4%

5 Yr Avg Return

9.2%

Net Assets

$1.87 B

Holdings in Top 10

21.8%

52 WEEK LOW AND HIGH

$38.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.02%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 21.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/11/2024

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

$39.05

$1.87 B

0.00%

1.02%

MXMGX - Profile

Distributions

  • YTD Total Return 9.5%
  • 3 Yr Annualized Total Return 1.4%
  • 5 Yr Annualized Total Return 9.2%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio -0.57%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Empower T. Rowe Price Mid Cap Growth Fund
  • Fund Family Name
    Great-West Funds
  • Inception Date
    Oct 24, 2012
  • Shares Outstanding
    N/A
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Brian Berghuis

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 mid-capitalization (“mid cap”) companies. For purposes of the 80% policy, the Fund considers mid cap companies to be those whose market capitalization falls within the range of the Russell MidCap® Growth Index at the time of initial purchase. As of December 31, 2023, the market capitalizations of the companies in the Russell MidCap® Growth Index ranged from $980 million to $73.3 billion. If the market capitalization of a company held by the Fund moves outside this range, the Fund may, but is not required to, sell the securities. The Fund may also focus its investments in certain sectors, such as the consumer staples sector.The Fund emphasizes a “growth style” of investing, seeking companies whose potential to provide superior earnings growth appears to be greater than the market in general and whose revenue growth is expected to continue for an extended period of time.In pursuing its investment objective, the portfolio manager has the discretion to purchase securities that do not meet its normal investment criteria. These special situations might arise when the portfolio manager believes a security could increase in value for a variety of reasons, including a change in management, an extraordinary corporate event, a new product introduction or innovation, or a favorable competitive development. The Fund may also invest up to 25% of its total assets in foreign securities.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-adviser and monitors its performance on an ongoing basis. The Fund’s investment portfolio is managed by T. Rowe Price Investment Management, Inc. (the “Sub-Adviser” or “T. Rowe Price”). T. Rowe Price selects investments using a growth approach and invests in companies with above average sales and earnings growth. T. Rowe Price integrates environmental, social and governance (“ESG”) factors into its research process for certain investments, focusing on the ESG factors it considers most likely to have a material impact on performance. ESG considerations are only one component in the evaluation of eligible investments and may not be a determinative factor in the final investment decision.
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MXMGX - Performance

Return Ranking - Trailing

Period MXMGX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.5% -11.4% 77.6% 80.00%
1 Yr 22.8% 14.7% 65.4% 84.57%
3 Yr 1.4%* -26.1% 58.1% 29.79%
5 Yr 9.2%* -2.7% 103.3% 72.75%
10 Yr 8.9%* 3.2% 26.4% 93.48%

* Annualized

Return Ranking - Calendar

Period MXMGX Return Category Return Low Category Return High Rank in Category (%)
2023 16.8% -27.7% 68.0% 60.42%
2022 -24.8% -85.6% 52.8% 15.96%
2021 9.5% -74.9% 238.3% 21.19%
2020 20.7% -44.1% 2474.5% 68.03%
2019 28.5% -50.2% 44.0% 35.52%

Total Return Ranking - Trailing

Period MXMGX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.5% -11.4% 77.6% 80.00%
1 Yr 22.8% 14.7% 65.4% 84.57%
3 Yr 1.4%* -26.1% 58.1% 29.79%
5 Yr 9.2%* -2.7% 103.3% 72.75%
10 Yr 8.9%* 3.2% 26.4% 93.48%

* Annualized

Total Return Ranking - Calendar

Period MXMGX Return Category Return Low Category Return High Rank in Category (%)
2023 19.9% -26.1% 68.0% 56.41%
2022 -22.8% -67.0% 56.8% 18.85%
2021 14.8% -23.5% 342.2% 37.82%
2020 24.1% 2.6% 2549.1% 84.02%
2019 31.3% 14.6% 44.8% 68.08%

NAV & Total Return History


MXMGX - Holdings

Concentration Analysis

MXMGX Category Low Category High MXMGX % Rank
Net Assets 1.87 B 2.73 M 100 B 36.76%
Number of Holdings 123 24 3590 16.19%
Net Assets in Top 10 409 M 670 K 11.3 B 39.43%
Weighting of Top 10 21.79% 4.5% 98.2% 77.33%

Top 10 Holdings

  1. Marvell Technology Inc COM 2.85%
  2. Microchip Technology Incorporated COM 2.74%
  3. Hologic Inc COM 2.66%
  4. The Trade Desk Inc COM CL A 2.37%
  5. Teleflex Incorporated COM 1.99%
  6. Dominos Pizza Inc. COM 1.99%
  7. Agilent Technologies Inc. COM USD0.01 1.95%
  8. Textron Inc. COM 1.87%
  9. Ball Corporation COM 1.72%
  10. PTC Inc COM 1.65%

Asset Allocation

Weighting Return Low Return High MXMGX % Rank
Stocks
95.85% 58.72% 103.99% 90.10%
Cash
4.08% 0.00% 41.99% 16.19%
Preferred Stocks
0.07% 0.00% 5.73% 11.81%
Other
0.00% -0.04% 14.45% 63.62%
Convertible Bonds
0.00% 0.00% 0.40% 51.24%
Bonds
0.00% 0.00% 2.35% 55.81%

Stock Sector Breakdown

Weighting Return Low Return High MXMGX % Rank
Technology
25.06% 0.04% 62.17% 73.52%
Healthcare
23.92% 0.00% 37.06% 9.33%
Consumer Cyclical
17.90% 0.00% 57.41% 14.10%
Industrials
15.99% 0.00% 38.23% 36.00%
Financial Services
6.59% 0.00% 43.01% 51.05%
Communication Services
3.20% 0.00% 18.33% 42.48%
Basic Materials
3.11% 0.00% 17.25% 34.29%
Consumer Defense
2.97% 0.00% 16.40% 33.90%
Real Estate
0.99% 0.00% 19.28% 73.14%
Utilities
0.27% 0.00% 12.94% 21.33%
Energy
0.00% 0.00% 62.10% 82.29%

Stock Geographic Breakdown

Weighting Return Low Return High MXMGX % Rank
US
94.50% 46.79% 103.99% 80.76%
Non US
1.34% 0.00% 34.12% 21.52%

MXMGX - Expenses

Operational Fees

MXMGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.02% 0.02% 17.54% 53.33%
Management Fee 0.65% 0.00% 1.50% 34.73%
12b-1 Fee 0.00% 0.00% 1.00% 13.75%
Administrative Fee N/A 0.00% 0.40% 97.52%

Sales Fees

MXMGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MXMGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

MXMGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 21.00% 0.00% 250.31% 23.47%

MXMGX - Distributions

Dividend Yield Analysis

MXMGX Category Low Category High MXMGX % Rank
Dividend Yield 0.00% 0.00% 33.43% 60.57%

Dividend Distribution Analysis

MXMGX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual Annual

Net Income Ratio Analysis

MXMGX Category Low Category High MXMGX % Rank
Net Income Ratio -0.57% -2.24% 2.75% 50.10%

Capital Gain Distribution Analysis

MXMGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Semi-Annually Annually

Distributions History

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MXMGX - Fund Manager Analysis

Managers

Brian Berghuis


Start Date

Tenure

Tenure Rank

Jul 01, 1997

24.93

24.9%

Brian W. H. Berghuis is a member of T. Rowe Price's U.S. Equity Steering Committee and the lead portfolio manager for the firm's U.S. Mid-Cap Growth Strategy. Mr. Berghuis has 25 years of investment experience, 23 of which have been at T. Rowe Price. He started at the firm in 1985 as an analyst following the retail sector. He initially became lead portfolio manager for the U.S. Mid-Cap Growth Strategy in 1992 and oversaw a significant expansion of the firm's capabilities in this strategy. In 2003, he was named to the U.S. Equity Steering Committee.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 36.3 9.4 11.76