Morningstar

Empower S&P Mid Cap 400® Index Instl MXNZX

Morningstar Medalist Rating
Medalist Rating as of | See Empower Investment Hub
  • NAV / 1-Day Return 8.73  /  +0.81 %
  • Total Assets 1.6 Bil
  • Adj. Expense Ratio
    0.180%
  • Expense Ratio 0.180%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Mid-Cap Blend
  • Investment Style Small Blend
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 1.39%
  • Turnover 24%

USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 12:33 AM GMT+0

Morningstar’s Analysis MXNZX

Will MXNZX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MXNZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MXNZX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MXNZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Empower S&P Mid Cap 400 ® Index Instl’s management team is rated Average, but a solid investment process still helps this strategy retain its Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MXNZX

More MXNZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bills 0%

1.14 15.8 Mil
Government

Pure Storage Inc Class A

0.73 10.2 Mil
Technology

Carlisle Companies Inc

0.71 9.9 Mil
Industrials

Williams-Sonoma Inc

0.68 9.4 Mil
Consumer Cyclical

EMCOR Group Inc

0.64 8.9 Mil
Industrials

Lennox International Inc

0.64 8.9 Mil
Industrials

Illumina Inc

0.61 8.5 Mil
Healthcare

Reliance Inc

0.61 8.5 Mil
Basic Materials

Biomarin Pharmaceutical Inc

0.58 8.0 Mil
Healthcare

Manhattan Associates Inc

0.57 7.9 Mil
Technology

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