C000195602 Fees and Costs — Empower Inflation-Protected Securities Fund, Class L
Data updated: 2026-08-20
The net expense ratio is 0.95%: a 0.33% management fee, a 0.25% 12b-1 fee plus 217.91% other expenses, less a 217.54% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 180%.
C000195602 Fees and Expenses
Annual operating expenses and sales charges of C000195602. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.33% |
| 12b-1 fee | 0.25% |
| Other expenses | 217.91% |
| Gross expense ratio | 218.49% |
| Fee waiver | −217.54% |
| Net expense ratio | 0.95% |
| 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 |
C000195602 Costs Over Time
On $10,000 invested in C000195602, assuming 5% a year before costs, total costs come to $595 over 5 years, cutting the return by 1.00% 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 0.95%) | $100 | $311 | $540 |
| Lost growth on money paid in costs | $0 | $15 | $55 |
| Total costs | $100 | $327 | $595 |
| Value after costs | $10,400 | $11,249 | $12,168 |
| Impact on return, per year | 1.00% | 1.00% | 1.00% |
C000195602 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.5B
- Portfolio turnover (prospectus): 180%
- Securities on loan, average value: $970K
- Net income from securities lending: $8K (0.002% of average net assets)
C000195602 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL INC | $265.3M | 19.43% |
| CITIGROUP GLOBAL MARKETS INC | $193.6M | 14.18% |
| BNP PARIBAS SECURITIES CORP. | $148.9M | 10.90% |
| MORGAN STANLEY & CO. LLC | $136.8M | 10.02% |
| CITADEL SECURITIES LLC | $130.0M | 9.52% |
| J.P. MORGAN SECURITIES LLC | $127.8M | 9.36% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC | $123.3M | 9.03% |
| Nomura Securities International, Inc | $94.4M | 6.91% |
| BANK OF MONTREAL | $92.3M | 6.76% |
| WELLS FARGO SECURITIES, LLC | $52.7M | 3.86% |
Empower Inflation-Protected Securities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MXIOX | Institutional Class | 0.35% | — |
| MXIHX | Investor Class | 0.70% | — |
| C000195602 | Class L | 0.95% | — |
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.