- 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 $549.1M 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.
