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Empower Core Strategies US Eq Instl (MXEBX)

14.69
+0.08
+(0.55%)
At close: 8:01:42 PM EDT

Fund Summary

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 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.

Empower Core Strategies US Eq Instl

Greenwood Village CO 80111
8515 E Orchard Rd

Fund Overview

Category Large Blend
Fund Family Empower Funds
Net Assets 614.08M
YTD Return -3.80%
Yield 1.73%
Morningstar Rating
Inception Date Jun 25, 2018

Fund Operations

Last Dividend 0.28
Last Cap Gain 22.00
Holdings Turnover 20.00%
Average for Category --

Fees & Expenses

Expense MXEBX Category Average
Annual Report Expense Ratio (net) 0.55% 0.78%
Prospectus Net Expense Ratio 0.55% --
Prospectus Gross Expense Ratio 0.59% --
Max 12b1 Fee -- --
Max Front End Sales Load -- --
Max Deferred Sales Load -- --
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Giri K Devulapally, Lead Manager since June 25, 2018
Mr. Devulapally is a Managing Director at J.P. MORGAN INVESTMENT MANAGEMENT INC and a portfolio manager in the JPMorgan U.S. Equity Group. He has been with the firm since 2003. Prior to joining the firm, he worked for T. Rowe Price for six years, where he was an analyst specializing in technology and telecommunications. Giri received a B.S. in electrical engineering from the University of Illinois and an M.B.A. with a concentration in finance from the University of Chicago. He is a CFA charterholder.

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund.

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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