Empower Large Cap Growth Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
13.7%
1 yr return
45.0%
3 Yr Avg Return
6.4%
5 Yr Avg Return
15.2%
Net Assets
$1.47 B
Holdings in Top 10
44.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.00%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 46.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MXLGX - Profile
Distributions
- YTD Total Return 13.7%
- 3 Yr Annualized Total Return 6.4%
- 5 Yr Annualized Total Return 15.2%
- Capital Gain Distribution Frequency None
- Net Income Ratio -0.34%
- Dividend Yield 0.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameEmpower Large Cap Growth Fund
-
Fund Family NameGreat-West Funds
-
Inception DateOct 24, 2012
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGiri Devulapally
Fund Description
MXLGX - Performance
Return Ranking - Trailing
Period | MXLGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.7% | -9.6% | 28.7% | 35.95% |
1 Yr | 45.0% | -11.6% | 75.4% | 42.93% |
3 Yr | 6.4%* | -26.6% | 33.9% | 71.55% |
5 Yr | 15.2%* | -14.4% | 30.8% | 49.10% |
10 Yr | 11.3%* | -5.3% | 19.1% | 81.07% |
* Annualized
Return Ranking - Calendar
Period | MXLGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 29.6% | -74.1% | 72.4% | 58.16% |
2022 | -39.6% | -85.9% | 4.7% | 77.88% |
2021 | 12.6% | -52.4% | 60.5% | 34.22% |
2020 | 7.9% | -34.3% | 145.0% | 96.79% |
2019 | 15.5% | -21.8% | 49.4% | 89.42% |
Total Return Ranking - Trailing
Period | MXLGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.7% | -9.6% | 28.7% | 35.95% |
1 Yr | 45.0% | -11.6% | 75.4% | 42.93% |
3 Yr | 6.4%* | -26.6% | 33.9% | 71.55% |
5 Yr | 15.2%* | -14.4% | 30.8% | 49.10% |
10 Yr | 11.3%* | -5.3% | 19.1% | 81.07% |
* Annualized
Total Return Ranking - Calendar
Period | MXLGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 33.5% | -4.6% | 72.4% | 66.07% |
2022 | -34.0% | -61.7% | 5.6% | 74.39% |
2021 | 21.7% | -39.8% | 118.1% | 53.40% |
2020 | 41.5% | 2.8% | 149.2% | 30.04% |
2019 | 36.2% | -5.2% | 49.4% | 22.98% |
NAV & Total Return History
MXLGX - Holdings
Concentration Analysis
MXLGX | Category Low | Category High | MXLGX % Rank | |
---|---|---|---|---|
Net Assets | 1.47 B | 242 K | 222 B | 49.33% |
Number of Holdings | 98 | 1 | 3217 | 24.28% |
Net Assets in Top 10 | 577 M | 104 K | 111 B | 52.19% |
Weighting of Top 10 | 44.39% | 0.7% | 205.0% | 73.29% |
Top 10 Holdings
- Microsoft Corporation COM 9.34%
- Amazon.com, Inc. COM 6.74%
- Alphabet Inc. CAP STK CL C 5.50%
- Apple Inc. COM 4.77%
- Eli Lilly Co. COM 4.06%
- MasterCard Incorporated CL A 3.68%
- NVIDIA Corp. COM USD0.001 3.09%
- Adobe Inc COM 2.56%
- Meta Platforms Inc CL A 2.48%
- Salesforce Inc. COM 2.18%
Asset Allocation
Weighting | Return Low | Return High | MXLGX % Rank | |
---|---|---|---|---|
Stocks | 97.93% | 0.00% | 130.05% | 66.10% |
Cash | 2.07% | -1.50% | 173.52% | 31.53% |
Other | 0.00% | -43.49% | 59.52% | 24.11% |
Preferred Stocks | 0.00% | 0.00% | 7.84% | 20.32% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 7.01% |
Bonds | 0.00% | 0.00% | 104.15% | 10.88% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MXLGX % Rank | |
---|---|---|---|---|
Technology | 33.46% | 0.00% | 65.70% | 59.63% |
Consumer Cyclical | 18.65% | 0.00% | 62.57% | 25.42% |
Financial Services | 13.02% | 0.00% | 43.06% | 22.21% |
Healthcare | 12.03% | 0.00% | 39.76% | 56.50% |
Communication Services | 11.34% | 0.00% | 66.40% | 43.24% |
Industrials | 7.20% | 0.00% | 30.65% | 39.61% |
Consumer Defense | 2.01% | 0.00% | 25.50% | 72.13% |
Basic Materials | 1.27% | 0.00% | 18.91% | 47.64% |
Energy | 1.01% | 0.00% | 41.09% | 36.40% |
Utilities | 0.00% | 0.00% | 16.07% | 32.01% |
Real Estate | 0.00% | 0.00% | 16.05% | 68.67% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MXLGX % Rank | |
---|---|---|---|---|
US | 97.93% | 0.00% | 130.05% | 52.02% |
Non US | 0.00% | 0.00% | 78.10% | 36.09% |
MXLGX - Expenses
Operational Fees
MXLGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.00% | 0.01% | 19.54% | 45.39% |
Management Fee | 0.62% | 0.00% | 1.50% | 48.35% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 0.80% |
Administrative Fee | N/A | 0.01% | 1.02% | 97.92% |
Sales Fees
MXLGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
MXLGX 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.
MXLGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 46.00% | 0.00% | 316.74% | 63.45% |
MXLGX - Distributions
Dividend Yield Analysis
MXLGX | Category Low | Category High | MXLGX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 28.41% | 41.98% |
Dividend Distribution Analysis
MXLGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annually | SemiAnnual | Annual |
Net Income Ratio Analysis
MXLGX | Category Low | Category High | MXLGX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.34% | -6.13% | 3.48% | 51.60% |
Capital Gain Distribution Analysis
MXLGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | None | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 26, 2023 | $0.003 | OrdinaryDividend |
Sep 07, 2022 | $0.029 | OrdinaryDividend |
Jun 25, 2020 | $0.005 | OrdinaryDividend |
Dec 30, 2019 | $1.535 | OrdinaryDividend |
Sep 09, 2019 | $0.014 | OrdinaryDividend |
Jun 25, 2019 | $0.005 | OrdinaryDividend |
Jun 25, 2018 | $0.005 | OrdinaryDividend |
MXLGX - Fund Manager Analysis
Managers
Giri Devulapally
Start Date
Tenure
Tenure Rank
Sep 01, 2013
8.75
8.8%
Giri Devulapally, managing director, is a portfolio manager in the U.S. Equity Group. An employee since 2003, Giri is responsible for managing the Large Cap Growth strategy. Prior to joining the firm, he worked for T. Rowe Price for six years, where he was an analyst specializing in technology and telecommunications. Giri received a B.S. in electrical engineering from the University of Illinois and an M.B.A. with a concentration in finance from the University of Chicago. He is a CFA charterholder.
Andrew Acheson
Start Date
Tenure
Tenure Rank
Sep 01, 2013
8.75
8.8%
Andrew Acheson, Managing Director and Director of Growth, U.S. of Amundi Pioneer. Mr Acheson joined Pioneer as a portfolio manager in May 2001 and has been an investment professional since 1994. Mr. Acheson earned his Master’s in Business Administration at the Cranfield School of Management, England in 1994.
Joseph Wilson
Start Date
Tenure
Tenure Rank
Dec 04, 2020
1.49
1.5%
Joseph Wilson, executive director, is a research analyst and portfolio manager within the U.S. Equity group. An employee since 2014, Joe is responsible for the technology sector for JPMorgan’s large cap growth portfolios.He is also a co-portfolio manager on the J.P. Morgan U.S. Technology Strategy. Prior to joining the firm, Joe spent six years as a buy side analyst for UBS Global Asset Management, wherehe covered the technology sector for the Large Cap Growth team from 2010 to 2014, and the Mid Cap Growth team in 2009. Prior to that, Joe worked at RBC Capital Markets as a sell side research associate covering enterprise, infrastructure, and security software. Joe holds a B.A. in Finance from the University of St. Thomas and an M.B.A. from the University of St. Thomas Opus College of Business.
Holly Fleiss
Start Date
Tenure
Tenure Rank
Dec 04, 2020
1.49
1.5%
Ms. Fleiss is a Managing Director at JPMIM and a co-portfolio manager in the JPMorgan U.S. Equity Group. She has been with the firm since 2012.
Larry Lee
Start Date
Tenure
Tenure Rank
Dec 04, 2020
1.49
1.5%
Larry H. Lee, managing director, is a research analyst and portfolio manager within the U.S. Equity Group. Mr. Lee joined JPMorgan in 2006 and covers the financials and business services sector; he is also a co-portfolio manager of the JPMorgan Large Cap Growth Strategy. He holds a B.A. in Economics from Stanford University and an M.B.A. from University of Chicago.
Yves Raymond
Start Date
Tenure
Tenure Rank
Jun 04, 2021
0.99
1.0%
Mr. Raymond, Vice President of Amundi US, joined Amundi US in 1999 as an analyst. Prior to joining Amundi US, Mr. Raymond was a consultant at Tecsult Ltd.
David Chamberlain
Start Date
Tenure
Tenure Rank
Jun 04, 2021
0.99
1.0%
Mr. Chamberlain, Vice President of Amundi US, joined Amundi US in 2018 as an analyst. Prior to joining Amundi US, Mr. Chamberlain was a senior analyst at Sapience Investments, LLC since 2016. Prior thereto, Mr. Chamberlain was an equity analyst at Wells Fargo Asset Management since 2013.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.21 | 3.08 |