Empower Small Cap Growth Fund
Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.9%
1 yr return
9.2%
3 Yr Avg Return
-4.3%
5 Yr Avg Return
7.6%
Net Assets
$137 M
Holdings in Top 10
13.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.75%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 60.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MXMTX - Profile
Distributions
- YTD Total Return 0.9%
- 3 Yr Annualized Total Return -4.3%
- 5 Yr Annualized Total Return 7.6%
- Capital Gain Distribution Frequency Semi-Monthly
- Net Income Ratio -0.85%
- Dividend Yield 0.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameEmpower Small Cap Growth Fund
-
Fund Family NameGreat-West Funds
-
Inception DateSep 10, 2015
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMatthew DeCicco
Fund Description
MXMTX - Performance
Return Ranking - Trailing
Period | MXMTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.9% | -9.5% | 13.9% | 44.29% |
1 Yr | 9.2% | -6.8% | 47.1% | 57.92% |
3 Yr | -4.3%* | -25.1% | 57.5% | 48.11% |
5 Yr | 7.6%* | -4.6% | 43.8% | 33.59% |
10 Yr | N/A* | 1.1% | 24.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | MXMTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.7% | -20.5% | 54.6% | 41.73% |
2022 | -37.6% | -82.1% | 32.2% | 81.96% |
2021 | 6.5% | -90.6% | 300.1% | 15.86% |
2020 | 23.0% | -63.0% | 127.9% | 72.39% |
2019 | 22.2% | -7.7% | 42.9% | 49.04% |
Total Return Ranking - Trailing
Period | MXMTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.9% | -9.5% | 13.9% | 44.29% |
1 Yr | 9.2% | -6.8% | 47.1% | 57.92% |
3 Yr | -4.3%* | -25.1% | 57.5% | 48.11% |
5 Yr | 7.6%* | -4.6% | 43.8% | 33.59% |
10 Yr | N/A* | 1.1% | 24.2% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | MXMTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.8% | -19.0% | 136.8% | 54.05% |
2022 | -35.1% | -59.9% | 44.3% | 81.07% |
2021 | 28.6% | -22.7% | 411.9% | 4.68% |
2020 | 36.9% | 1.5% | 150.8% | 53.73% |
2019 | 27.3% | 5.5% | 55.3% | 60.38% |
NAV & Total Return History
MXMTX - Holdings
Concentration Analysis
MXMTX | Category Low | Category High | MXMTX % Rank | |
---|---|---|---|---|
Net Assets | 137 M | 207 K | 34.3 B | 80.70% |
Number of Holdings | 183 | 7 | 1180 | 16.87% |
Net Assets in Top 10 | 17.9 M | 57.4 K | 2.83 B | 87.13% |
Weighting of Top 10 | 13.05% | 7.1% | 100.1% | 92.51% |
Top 10 Holdings
- E L F Beauty Inc COM 1.68%
- PTC Inc COM 1.44%
- JFrog Ltd ORD SHS 1.38%
- International Game Technology PLC USD0.00015625 1.31%
- Icon PLC ORD EUR0.06 1.29%
- Element Solutions Inc COM 1.26%
- SSC Technologies Holdings Inc. COM USD0.01 1.21%
- Verra Mobility Corporation COM USD0.0001 1.20%
- ICF International Inc COM 1.15%
- Avantor Inc COM 1.13%
Asset Allocation
Weighting | Return Low | Return High | MXMTX % Rank | |
---|---|---|---|---|
Stocks | 97.42% | 77.88% | 108.99% | 60.17% |
Other | 2.33% | -0.22% | 5.89% | 7.13% |
Cash | 0.26% | 0.00% | 26.25% | 82.96% |
Preferred Stocks | 0.00% | 0.00% | 3.53% | 31.13% |
Convertible Bonds | 0.00% | 0.00% | 1.57% | 24.17% |
Bonds | 0.00% | 0.00% | 3.22% | 22.26% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MXMTX % Rank | |
---|---|---|---|---|
Technology | 27.02% | 2.91% | 75.51% | 35.65% |
Healthcare | 25.12% | 0.00% | 47.90% | 33.04% |
Industrials | 17.57% | 0.00% | 36.64% | 41.74% |
Financial Services | 9.95% | 0.00% | 42.95% | 22.09% |
Consumer Cyclical | 9.60% | 0.00% | 24.04% | 77.91% |
Basic Materials | 4.60% | 0.00% | 9.24% | 15.13% |
Consumer Defense | 3.49% | 0.00% | 13.56% | 58.61% |
Communication Services | 1.95% | 0.00% | 15.31% | 57.39% |
Real Estate | 0.71% | 0.00% | 15.31% | 69.74% |
Utilities | 0.00% | 0.00% | 5.57% | 47.48% |
Energy | 0.00% | 0.00% | 55.49% | 80.87% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MXMTX % Rank | |
---|---|---|---|---|
US | 96.63% | 30.27% | 102.09% | 66.96% |
Non US | 0.79% | 0.00% | 61.74% | 21.57% |
MXMTX - Expenses
Operational Fees
MXMTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.75% | 0.05% | 23.20% | 18.99% |
Management Fee | 0.83% | 0.05% | 1.62% | 59.41% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 4.75% |
Administrative Fee | N/A | 0.01% | 0.40% | 97.57% |
Sales Fees
MXMTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
MXMTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MXMTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 60.00% | 3.00% | 439.00% | 52.89% |
MXMTX - Distributions
Dividend Yield Analysis
MXMTX | Category Low | Category High | MXMTX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 7.01% | 37.04% |
Dividend Distribution Analysis
MXMTX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Annual | Annual |
Net Income Ratio Analysis
MXMTX | Category Low | Category High | MXMTX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.85% | -2.47% | 1.10% | 61.38% |
Capital Gain Distribution Analysis
MXMTX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Monthly | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 07, 2022 | $0.052 | OrdinaryDividend |
Dec 30, 2019 | $0.452 | OrdinaryDividend |
MXMTX - Fund Manager Analysis
Managers
Matthew DeCicco
Start Date
Tenure
Tenure Rank
Sep 10, 2015
6.73
6.7%
Mr. DeCicco is a holder of a Chartered Financial Analyst designation and joined Lord Abbett in 1999. He has been a member of the team since 2002 and assumed Portfolio Manager in 2015.
Paul von Kuster
Start Date
Tenure
Tenure Rank
Sep 10, 2015
6.73
6.7%
Paul is a Portfolio Manager for the Small Cap Growth style and shares the responsibility for fundamental research, stock selection and portfolio management with his team. Paul has been with the firm since its inception in 1984. He is a member of Peregrine's Board of Directors. Prior to Peregrine, Paul managed small cap funds for the Trust Department at Norwest Bank Minnesota, N.A. (now Wells Fargo Bank Minnesota, N.A.). He began his career with Norwest Bank Minnesota, N.A. in 1972 after graduating from Princeton. Paul is a member of the CFA Society of Minnesota and the CFA Institute.
Daniel Hagen
Start Date
Tenure
Tenure Rank
Sep 10, 2015
6.73
6.7%
Dan is a Portfolio Manager for the Small Cap Growth style and shares the responsibility for fundamental research, stock selection and portfolio management with his team. Dan joined Peregrine’s Small Cap Growth team in 1996 as a Research Analyst. He is a member of Peregrine's Board of Directors. Prior to Peregrine, Dan was a Managing Director and Assistant Manager for the Equity Strategy Group at Piper Jaffray. He joined Piper Jaffray as a Statistical Analyst in 1983, upon graduating from the University of Minnesota. Dan is a member of the CFA Society of Minnesota and the CFA Institute and a past board member of the Piper Jaffray Foundation. He regularly shares his financial expertise with a number of nonprofit organizations.
F. O’Halloran
Start Date
Tenure
Tenure Rank
Sep 10, 2015
6.73
6.7%
F. Thomas O’Halloran, J.D., CFA, Partner & Director Mr. O'Halloran is the lead portfolio manager of the small cap growth, micro cap growth, and growth equity strategies. Mr. O'Halloran joined Lord Abbett in 2001 as a research analyst for the small cap growth equity strategy and was named Partner in 2003. His prior experience includes Executive Director/Senior Research Analyst at Dillon, Read & Co. and as a trial attorney. Mr. O'Halloran received an AB from Bowdoin College, a JD from Boston College, and an MBA from Columbia University. He is a holder of a Chartered Financial Analyst designation and has been in the investment business since 1987.
William Grierson
Start Date
Tenure
Tenure Rank
Sep 10, 2015
6.73
6.7%
Bill is a Portfolio Manager for the Small Cap Growth style and shares the responsibility for fundamental research, stock selection and portfolio management with his team. Bill joined Peregrine’s Small Cap Growth team in 2000 as a Securities Analyst. He is a member of Peregrine's Board of Directors. Prior to Peregrine, he was a Senior Research Analyst & Portfolio Manager with Kopp Investment Advisors for more than six years. Previously, he worked as a Reporting Analyst for Northern Trust. He graduated from Lawrence University in 1992. Bill is a member of the CFA Society of Minnesota and the CFA Institute.
Vernon Bice
Start Date
Tenure
Tenure Rank
Apr 02, 2019
3.16
3.2%
Vernon T. Bice, CMTis a Portfolio Manager of Lord Abbett. He is responsible for contributing to the management for the firm’s micro cap growth, small cap growth, and growth equity strategies. He plays a key role in technical analysis, drawing on his deep experience to provide insights to the portfolio management team. Mr. Bice joined Lord Abbett in 2011. He has worked in the financial services industry since 2001.
Steven Wortman
Start Date
Tenure
Tenure Rank
Dec 31, 2020
1.41
1.4%
Steven H. Wortman, Portfolio Manager, who joined Lord Abbett in 2016.
Samuel Smith
Start Date
Tenure
Tenure Rank
Jan 14, 2021
1.38
1.4%
Sam is an Associate Portfolio Manager for the Small Cap Growth style and shares the responsibility for fundamental research, stock selection and portfolio management with his team. Upon graduation from the University of St. Thomas, Sam joined Peregrine in 2006 as a Portfolio Assistant. Sam is a member of the CFA Institute and a former board member of the CFA Society Minnesota, where he chaired the Advocacy and Public Awareness Committee.
Ryan Smith
Start Date
Tenure
Tenure Rank
Jan 14, 2021
1.38
1.4%
Ryan is a Associate Portfolio Manager for the Small Cap Growth style and shares the responsibility for fundamental research, stock selection and portfolio management with his team. Ryan joined Peregrine’s Small Cap Growth team in 2018. Prior to joining Peregrine, Ryan was a portfolio manager and an analyst on the small, SMID and mid cap growth strategies at RBC Global Asset Management (U.S.) for more than 10 years. Previously, he was an Equity Research Associate at William Blair & Company. He began his career at Ernst & Young. Ryan received his B.S. from Lehigh University and M.S. in Accountancy from the University of Notre Dame. He is a member of the CFA Society of Chicago, the CFA Institute and is a Certified Public Accountant (inactive).
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 30.44 | 9.01 | 5.25 |