Empower T. Rowe Price Mid Cap Growth Fund
Fund
MXMGX
Price as of:
$39.03
- $0.00
- 0.00%
Primary Theme
fund company
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
2.3%
1 yr return
8.6%
3 Yr Avg Return
8.5%
5 Yr Avg Return
3.0%
Net Assets
$1.99 B
Holdings in Top 10
20.2%
52 WEEK LOW AND HIGH
$39.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.03%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 21.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
MXMGX - Profile
Distributions
- YTD Total Return 2.3%
- 3 Yr Annualized Total Return 8.5%
- 5 Yr Annualized Total Return 3.0%
- Capital Gain Distribution Frequency None
- Net Income Ratio -0.57%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameEmpower T. Rowe Price Mid Cap Growth Fund
-
Fund Family NameGreat-West Funds
-
Inception DateOct 24, 2012
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrian Berghuis
Fund Description
Below is a summary of the principal investment strategies of the Fund.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 mid-capitalization (“mid cap”) companies. For purposes of the 80% policy, the Fund considers mid cap companies to be those whose market capitalization falls within the range of the Russell MidCap® Growth Index at the time of initial purchase. As of December 31, 2025, the market capitalizations of the companies in the Russell MidCap® Growth Index ranged from $1.2 billion to $89 billion. If the market capitalization of a company held by the Fund moves outside this range, the Fund may, but is not required to, sell the securities. The Fund may focus its investments in certain sectors, such as the consumer staples sector. The Fund may also invest up to 25% of its total assets in foreign securities. The Fund emphasizes a “growth style” of investing, seeking companies whose potential to provide superior earnings growth appears to be greater than the market in general and whose revenue growth is expected to continue for an extended period of time.Empower Capital Management, LLC (“ECM”) is the Fund’s investment adviser and, subject to the approval of the Board of Directors of Empower Funds (the “Board”), selects the Fund’s sub-adviser and monitors its performance on an ongoing basis. The Fund’s investment portfolio is managed by T. Rowe Price Investment Management, Inc. (the “Sub-Adviser” or “T. Rowe Price”). T. Rowe Price selects investments using a growth approach and invests in companies with above average sales and earnings growth.
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MXMGX - Performance
Return Ranking - Trailing
| Period | MXMGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.3% | -12.4% | 52.4% | 82.07% |
| 1 Yr | 8.6% | -20.3% | 94.5% | 64.56% |
| 3 Yr | 8.5%* | -4.9% | 35.5% | 83.26% |
| 5 Yr | 3.0%* | -6.1% | 33.5% | 66.52% |
| 10 Yr | 9.0%* | 3.6% | 51.6% | 86.96% |
* Annualized
Return Ranking - Calendar
| Period | MXMGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 1.3% | -46.8% | 36.1% | 32.70% |
| 2024 | 5.2% | -16.5% | 83.2% | 72.78% |
| 2023 | 16.8% | -27.7% | 68.0% | 60.38% |
| 2022 | -24.8% | -85.6% | 52.8% | 17.27% |
| 2021 | 9.5% | -74.9% | 238.3% | 22.61% |
Total Return Ranking - Trailing
| Period | MXMGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.3% | -12.4% | 52.4% | 82.07% |
| 1 Yr | 8.6% | -20.3% | 94.5% | 64.56% |
| 3 Yr | 8.5%* | -4.9% | 35.5% | 83.26% |
| 5 Yr | 3.0%* | -6.1% | 33.5% | 66.52% |
| 10 Yr | 9.0%* | 3.6% | 51.6% | 86.96% |
* Annualized
Total Return Ranking - Calendar
| Period | MXMGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 3.0% | -20.1% | 39.3% | 68.14% |
| 2024 | 9.1% | -2.3% | 88.8% | 82.07% |
| 2023 | 19.9% | -26.1% | 68.0% | 56.36% |
| 2022 | -22.8% | -67.0% | 56.8% | 20.04% |
| 2021 | 14.8% | -23.5% | 342.2% | 38.48% |
NAV & Total Return History
MXMGX - Holdings
Concentration Analysis
| MXMGX | Category Low | Category High | MXMGX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.99 B | 4.86 M | 89.9 B | 39.45% |
| Number of Holdings | 118 | 17 | 3393 | 18.14% |
| Net Assets in Top 10 | 385 M | 653 K | 13.6 B | 48.10% |
| Weighting of Top 10 | 20.22% | 5.7% | 97.9% | 86.08% |
Top 10 Holdings
- Hilton Worldwide Holdings Inc COM 2.73%
- Agilent Technologies Inc. COM USD0.01 2.16%
- Dreyfus Instl Resv PFD GOVT INSTL 2.12%
- Lattice Semiconductor Corporation COM 2.10%
- Viking Holdings Ltd. ORD SHS 1.96%
- Mettler-Toledo International Inc COM 1.95%
- Keysight Technologies, Inc. COM 1.83%
- Yum! Brands Inc. COM NPV 1.82%
- Burlington Stores Inc. COM 1.78%
- PTC Inc COM 1.76%
Asset Allocation
| Weighting | Return Low | Return High | MXMGX % Rank | |
|---|---|---|---|---|
| Stocks | 97.15% | 49.15% | 114.03% | 72.15% |
| Cash | 2.77% | 0.00% | 50.67% | 29.32% |
| Preferred Stocks | 0.08% | 0.00% | 15.48% | 16.67% |
| Other | 0.00% | -0.18% | 14.15% | 71.52% |
| Convertible Bonds | 0.00% | 0.00% | 0.05% | 61.39% |
| Bonds | 0.00% | 0.00% | 2.74% | 63.29% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MXMGX % Rank | |
|---|---|---|---|---|
| Technology | 25.06% | 0.04% | 62.17% | 71.94% |
| Healthcare | 23.92% | 0.00% | 37.06% | 9.92% |
| Consumer Cyclical | 17.90% | 0.00% | 57.41% | 14.35% |
| Industrials | 15.99% | 0.00% | 38.23% | 35.65% |
| Financial Services | 6.59% | 0.00% | 43.01% | 53.16% |
| Communication Services | 3.20% | 0.00% | 16.67% | 40.93% |
| Basic Materials | 3.11% | 0.00% | 17.25% | 34.18% |
| Consumer Defense | 2.97% | 0.00% | 16.40% | 33.76% |
| Real Estate | 0.99% | 0.00% | 19.28% | 73.84% |
| Utilities | 0.27% | 0.00% | 12.94% | 20.89% |
| Energy | 0.00% | 0.00% | 62.10% | 86.92% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MXMGX % Rank | |
|---|---|---|---|---|
| US | 96.10% | 46.79% | 114.03% | 77.00% |
| Non US | 1.04% | 0.00% | 33.97% | 17.72% |
MXMGX - Expenses
Operational Fees
| MXMGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.03% | 0.01% | 6.54% | 50.84% |
| Management Fee | 0.65% | 0.00% | 1.50% | 39.45% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 20.77% |
| Administrative Fee | N/A | 0.00% | 0.40% | 97.52% |
Sales Fees
| MXMGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| MXMGX 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.
| MXMGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 21.00% | 0.00% | 250.31% | 24.83% |
MXMGX - Distributions
Dividend Yield Analysis
| MXMGX | Category Low | Category High | MXMGX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 33.43% | 83.12% |
Dividend Distribution Analysis
| MXMGX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| MXMGX | Category Low | Category High | MXMGX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.57% | -2.24% | 2.75% | 51.06% |
Capital Gain Distribution Analysis
| MXMGX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | None | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 29, 2025 | $0.480 | CapitalGainLongTerm |
| Sep 05, 2025 | $0.161 | CapitalGainLongTerm |
| Dec 27, 2024 | $1.264 | CapitalGainLongTerm |
| Sep 06, 2024 | $0.114 | CapitalGainLongTerm |
| Dec 27, 2023 | $0.837 | CapitalGainLongTerm |
| Sep 06, 2023 | $0.111 | CapitalGainLongTerm |
| Dec 28, 2022 | $0.477 | CapitalGainLongTerm |
| Sep 06, 2022 | $0.007 | OrdinaryDividend |
| Sep 06, 2022 | $0.331 | CapitalGainLongTerm |
| Dec 29, 2021 | $1.460 | CapitalGainLongTerm |
| Sep 03, 2021 | $0.073 | OrdinaryDividend |
| Sep 03, 2021 | $0.471 | CapitalGainLongTerm |
| Dec 29, 2020 | $0.915 | CapitalGainLongTerm |
| Sep 04, 2020 | $0.000 | OrdinaryDividend |
| Sep 04, 2020 | $0.100 | CapitalGainLongTerm |
| Dec 27, 2019 | $0.595 | CapitalGainLongTerm |
| Sep 06, 2019 | $0.003 | OrdinaryDividend |
| Sep 06, 2019 | $0.076 | CapitalGainLongTerm |
| Dec 27, 2018 | $1.293 | CapitalGainLongTerm |
| Sep 07, 2018 | $0.023 | OrdinaryDividend |
| Sep 07, 2018 | $0.155 | CapitalGainLongTerm |
| Dec 27, 2017 | $1.106 | CapitalGainLongTerm |
MXMGX - Fund Manager Analysis
Managers
Brian Berghuis
Start Date
Tenure
Tenure Rank
Jul 01, 1997
24.93
24.9%
Brian W. H. Berghuis is a member of T. Rowe Price's U.S. Equity Steering Committee and the lead portfolio manager for the firm's U.S. Mid-Cap Growth Strategy. Mr. Berghuis has 25 years of investment experience, 23 of which have been at T. Rowe Price. He started at the firm in 1985 as an analyst following the retail sector. He initially became lead portfolio manager for the U.S. Mid-Cap Growth Strategy in 1992 and oversaw a significant expansion of the firm's capabilities in this strategy. In 2003, he was named to the U.S. Equity Steering Committee.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 36.3 | 9.62 | 11.76 |