C000095793 Fees and Costs — Empower Multi-Sector Bond Fund, Class L
Data updated: 2026-08-20
The net expense ratio is 1.15%: a 0.52% management fee, a 0.25% 12b-1 fee plus 5.42% other expenses, less a 5.04% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $7K in broker commissions, 0.0006% of average net assets, and portfolio turnover was 74%.
C000095793 Fees and Expenses
Annual operating expenses and sales charges of C000095793. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.52% |
| 12b-1 fee | 0.25% |
| Other expenses | 5.42% |
| Gross expense ratio | 6.19% |
| Fee waiver | −5.04% |
| Net expense ratio | 1.15% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000095793 Costs Over Time
On $10,000 invested in C000095793, assuming 5% a year before costs, total costs come to $718 over 5 years, cutting the return by 1.21% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.15%) | $121 | $376 | $651 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $19 | $66 |
| Total costs | $121 | $395 | $718 |
| Value after costs | $10,379 | $11,181 | $12,045 |
| Impact on return, per year | 1.21% | 1.21% | 1.21% |
C000095793 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0006%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $1.7B
- Portfolio turnover (prospectus): 74%
- Securities on loan, average value: $24.5M
- Net income from securities lending: $143K (0.012% of average net assets)
C000095793 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| EQUITABLE ADVISORS, LLC | $3K | 40.83% |
| J.P. MORGAN SECURITIES LLC | $2K | 31.96% |
| JANE STREET CAPITAL, LLC | $1K | 19.21% |
| MORGAN STANLEY & CO. LLC | $264 | 3.91% |
| GOLDMAN SACHS & CO. LLC | $246 | 3.63% |
| BTIG, LLC | $18 | 0.27% |
| LIQUIDNET, INC | $12 | 0.18% |
| LOOMIS, SAYLES & COMPANY, L.P. | $1 | 0.02% |
C000095793 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $222.4M | 17.62% |
| J.P. MORGAN SECURITIES LLC | $186.4M | 14.76% |
| MORGAN STANLEY & CO. LLC | $157.2M | 12.45% |
| BARCLAYS CAPITAL INC | $122.3M | 9.69% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC | $119.9M | 9.50% |
| CITIGROUP GLOBAL MARKETS INC | $115.0M | 9.10% |
| BANK OF MONTREAL | $113.7M | 9.00% |
| WELLS FARGO SECURITIES, LLC | $108.8M | 8.62% |
| DEUTSCHE BANK SECURITIES INC | $62.4M | 4.94% |
| JEFFERIES LLC | $54.4M | 4.31% |
Empower Multi-Sector Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MXUGX | Institutional Class | 0.55% | — |
| MXLMX | Investor Class | 0.90% | — |
| C000095793 | Class L | 1.15% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.