Empower Moderate Profile Fund

EMPOWER FUNDS, INC. · 3 share classes

Actively managed U.S. equity fund
One fund, 3 share classes:MXMPXMXGPXMXITX
$2.76B NAV
18 positions · as of 2026-06-30 · filed 2026-08-20

Fund classification

Classified from what the fund holds · as of 2026 Q2

Empower Moderate Profile Fund is an actively managed U.S. equity fund.

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund
Features
Non-diversified · Fund of funds

Fund profile

As filed in the prospectus · 2026 Q2

The Fund seeks long-term capital appreciation primarily through investments in Underlying Funds (defined below) with a relatively equal emphasis on equity and fixed income investments.

Strategy · summarised

The fund is a fund of funds that invests in a professionally selected mix of mutual funds and a fixed interest contract to achieve a balanced allocation across equity and fixed income asset classes. The adviser uses asset allocation strategies to distribute assets among broad categories including large-cap, mid-cap, small-cap, and international equities; real estate; and bonds and short-term fixed income. Because the fund's returns depend on the performance of the underlying funds it selects, divergence from target allocations or underperformance by those funds will affect results. The fund rebalances periodically and reviews its underlying fund holdings quarterly, with authority to add, delete, or reallocate among underlying funds without shareholder approval.

Expenses
0.55% 1.15%across 3 share classes
Share classGrossNet
MXMPX0.96%0.90%
MXGPX1.21%1.15%
MXITX0.61%0.55%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 13.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

104.17%
of net assets
Stocks58.95%
Bonds32.71%
Securitized7.00%
Derivatives4.03%
2 smaller1.48%

Look-through blends 17 underlying funds; 0.0% of NAV was not looked through and stays direct-classified.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 0 new0 exited

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+16.70%+35.69%+28.33%7.91%-7.48%
+16.34%+34.85%+27.01%7.77%-7.50%
+17.11%+37.31%+30.85%7.84%-7.35%

These classes hold the same portfolio, so the 3.83pp spread over 5 years is the cost difference between them — roughly 0.77pp a year — not a difference in what they own.

Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30

Avg coupon
0.00%
Avg maturity
0.00 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

0%
floating
Fixed rate100.0%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1y
<1y100.0%
Flagged holdings
Defaulted: none reported
In arrears: none reported
Paid in kind: none reported

Based on what filers reported; a filer that never reported a flag also reads as none.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
EMPOWER0.00% · due 2026-07-0115.98%$441.43M
EMPOWER FUNDS INCMXVHX14.82%$409.49M
EMPOWER FUNDS INCMXGSX8.43%$232.86M
EMPOWER FUNDS INCMXJVX8.32%$229.81M
EMPOWER FUNDS INCMXKJX6.14%$169.58M
EMPOWER FUNDS INCMXHTX5.32%$146.90M
EMPOWER FUNDS INCMXUGX4.84%$133.81M
EMPOWER FUNDS INCMXZMX4.80%$132.63M
EMPOWER FUNDS INCMXSFX4.10%$113.25M
EMPOWER FUNDS INCMXYKX4.03%$111.30M
Showing 10 of 18Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 76.76% of net assets, top 25 100.03%, across 2 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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