Empower T. Rowe Price Mid Cap Growth Fund Institutional Class

Frequently Asked Questions About MXYKX

What does MXYKX invest in?

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 manager 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.

What is the expense ratio of MXYKX?

Empower T. Rowe Price Mid Cap Growth Fund Institutional Class (MXYKX) charges an expense ratio of 0.66%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MXYKX?

Empower T. Rowe Price Mid Cap Growth Fund Institutional Class (MXYKX) manages $544.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is MXYKX actively managed or an index fund?

MXYKX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MXYKX's is 0.66%) in exchange for the discretion to over- or under-weight positions.

When was MXYKX launched?

Empower T. Rowe Price Mid Cap Growth Fund Institutional Class (MXYKX) launched in April 2015 and is managed by T. Rowe Price.

How has MXYKX performed?

MXYKX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.