Empower T. Rowe Price Mid Cap Growth Fund
EMPOWER FUNDS, INC. · 2 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
Empower T. Rowe Price Mid Cap Growth Fund is an actively managed U.S. equity fund. 25% of MXMGX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 91% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2026 Q2
The Fund seeks long-term capital appreciation.
The fund invests at least 80% of assets in equity securities of mid-capitalization companies, defined as those within the market-capitalization range of the Russell MidCap Growth Index at the time of purchase. T. Rowe Price, the sub-adviser, selects investments using a growth approach, targeting companies with above-average sales and earnings growth and the potential for extended revenue expansion. The fund may allocate up to 25% of assets to foreign securities and may concentrate in particular sectors such as consumer staples. Because holdings may drift outside the Russell MidCap Growth Index range over time, the fund's composition may diverge from that index.
| Share class | Gross | Net |
|---|---|---|
| MXMGX | 1.03% | 1.02% |
| MXYKX | 0.66% | 0.66% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 50.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 98.01% |
| Cash & short-term | 1.55% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Information Technology | 26.6% |
| Industrials | 19.5% |
| Health Care | 17.4% |
| Consumer Discretionary | 11.1% |
| 9 smaller | 25.5% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +13.04% | +28.41% | +14.78% | 11.15% | -13.25% | |
| +13.36% | +29.62% | +16.74% | 11.00% | -13.23% |
These classes hold the same portfolio, so the 1.96pp spread over 5 years is the cost difference between them — roughly 0.39pp a year — not a difference in what they own.
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.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| A | AGILENT TECHNOLOGIES INCA | 2.37% | $132.83 | $48.76M | 367.1K |
| KEYS | KEYSIGHT TECHNOLOGIES INCKEYS | 2.13% | $350.07 | $43.76M | 125.0K |
| MTD | METTLER-TOLEDO INTERNATIONAL INCMTD | 2.06% | $1,277.51 | $42.34M | 33.1K |
| MTSI | MACOM TECHNOLOGY SOLUTIONS HOLDINGS INCMTSI | 2.01% | $380.37 | $41.33M | 108.6K |
| TER | TERADYNE INCTER | 1.99% | $483.84 | $40.92M | 84.6K |
| DDOG | DATADOG INCDDOG | 1.87% | $260.36 | $38.48M | 147.8K |
| YUM | YUM! BRANDS INCYUM | 1.82% | $159.86 | $37.39M | 233.9K |
| LSCC | LATTICE SEMICONDUCTOR CORPLSCC | 1.70% | $152.96 | $34.90M | 228.2K |
| BURL | BURLINGTON STORES INCBURL | 1.69% | $316.80 | $34.77M | 109.8K |
| — | DREYFUS INSTITUTIONAL PREFERRED MONEY MARKET FUNDS | 1.55% | — | $31.79M | — |
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 19.19% of net assets, top 25 39.54%, across 126 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.
Sign in free