Empower Mid Cap Value Inv (MXMVX)
11.11
+0.08
(+0.73%)
USD |
Mar 24 2023
Key Stats
| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 1.15% | 513.17M | 0.66% | 217.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| -136.03M | -13.46% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks long-term growth of capital. The fund will, under normal circumstances, invest at least 80% of its net assets in a broadly diversified portfolio of equity investments in mid-cap U.S. mid-capitalization companies, including foreign issuers that are traded in the U.S. For purposes of the 80% policy, the adviser considers mid cap companies to be those whose market capitalization falls within the range of the Russell Midcap ® Value Index at the time of initial purchase. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | MXMVX |
| Equity Style | Mid Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Category Name | Mid-Cap Value |
| Category Index | Russell Mid Cap Value TR USD |
| Global Category Name | US Equity Mid Cap |
| YCharts Categorization | US Mid Cap |
| YCharts Benchmark | Russell Midcap Total Return (^RMCTR) |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Empower Funds |
| Prospectus Benchmark Index | |
| Russell Mid Cap Value TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Len Ioffe | 11.36 yrs |
| Dennis Walsh | 9.17 yrs |
| Osman Ali | 9.17 yrs |
| Takashi Suwabe | 1.84 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
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Category Low
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Category High
1 Year
% Rank:
76
-136.03M
-9.518B
Category Low
10.04B
Category High
3 Months
% Rank:
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Category Low
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Category High
3 Years
% Rank:
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Category Low
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Category High
6 Months
% Rank:
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Category Low
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Category High
5 Years
% Rank:
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Category Low
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Category High
YTD
% Rank:
--
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Category Low
--
Category High
10 Years
% Rank:
--
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Category Low
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Category High
As of February 28, 2023
Risk
Performance Versus Category
As of March 24, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 24, 2023.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Bank of New York Mellon Corp | 1.39% | 42.75 | -1.13% |
| AMETEK Inc | 1.37% | 139.32 | 0.70% |
| Williams Companies Inc | 1.34% | 28.74 | 1.55% |
| SBA Communications Corp | 1.21% | 256.41 | 3.85% |
| Hewlett Packard Enterprise Co | 1.18% | 14.23 | -0.28% |
| Teledyne Technologies Inc | 1.14% | 424.96 | 1.59% |
| Mid-America Apartment Communities Inc | 1.13% | 143.34 | 2.39% |
| CMS Energy Corp | 1.12% | 60.43 | 4.26% |
| VeriSign Inc | 1.12% | 201.88 | 0.63% |
| Public Service Enterprise Group Inc | 1.11% | 58.78 | 3.60% |
Basic Info
| Investment Strategy | |
| The investment seeks long-term growth of capital. The fund will, under normal circumstances, invest at least 80% of its net assets in a broadly diversified portfolio of equity investments in mid-cap U.S. mid-capitalization companies, including foreign issuers that are traded in the U.S. For purposes of the 80% policy, the adviser considers mid cap companies to be those whose market capitalization falls within the range of the Russell Midcap ® Value Index at the time of initial purchase. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | MXMVX |
| Equity Style | Mid Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Category Name | Mid-Cap Value |
| Category Index | Russell Mid Cap Value TR USD |
| Global Category Name | US Equity Mid Cap |
| YCharts Categorization | US Mid Cap |
| YCharts Benchmark | Russell Midcap Total Return (^RMCTR) |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Empower Funds |
| Prospectus Benchmark Index | |
| Russell Mid Cap Value TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Len Ioffe | 11.36 yrs |
| Dennis Walsh | 9.17 yrs |
| Osman Ali | 9.17 yrs |
| Takashi Suwabe | 1.84 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (3-24-23) | 0.66% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 12.22 |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
As of December 31, 2022
Fund Details
| Key Dates | |
| Inception Date | 5/15/2008 |
| Last Annual Report Date | 12/31/2022 |
| Last Prospectus Date | 4/29/2022 |
| Share Classes | |
| MXKJX | Inst |
| Attributes | |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |