MXFRX Performance — Empower High Yield Bond Fund, Institutional Class
Data updated: 2026-08-20
MXFRX returned +6.07% year to date and +10.45% over one year to Jun 2026. Annualised returns are +10.03% over 3 years and +4.26% over 5 years. The fund beat its High Yield Bond category average: $100 invested three years ago grew to $133, against $125 for the category, and to $110 over one year, against $106. Volatility over the past three years was 5.20% a year. In the 12 months to Jun 2026 the fund took in a net $515.2M, and assets reached $892.42M.
MXFRX Growth of $100
What $100 invested in Empower High Yield Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the High Yield Bond category average over the same months.
| Period | MXFRX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $110 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $133 | $125 |
| 5 years (Jul 2021 – Jun 2026) | $123 | $119 |
| Since data start (Jul 2019 – Jun 2026) | $147 | $134 |
MXFRX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +6.07% |
| 1 year | +10.45% |
| 3 years (annualised) | +10.03% |
| 5 years (annualised) | +4.26% |
MXFRX Annual Returns
Calendar-year total returns of Empower High Yield Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +6.07% |
| 2025 | +9.34% |
| 2024 | +8.03% |
| 2023 | +10.35% |
| 2022 | −11.61% |
| 2021 | +4.03% |
| 2020 | +11.27% |
| 2019 (Jul–Dec) | +4.25% |
MXFRX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.3% | +0.5% | −1.6% | +3.8% | +1.6% | +0.4% | — | — | — | — | — | — |
| 2025 | +1.7% | −0.2% | −1.4% | +0.5% | +2.2% | +2.1% | +0.8% | +1.0% | +1.1% | +0.7% | −0.1% | +0.5% |
| 2024 | −0.2% | +0.4% | +1.1% | −1.2% | +1.6% | +1.0% | +1.7% | +1.4% | +1.1% | −0.2% | +2.3% | −1.2% |
| 2023 | +3.8% | −1.8% | +1.3% | −0.5% | −0.9% | +2.0% | +1.3% | −0.3% | −1.5% | −1.6% | +4.6% | +3.9% |
| 2022 | −3.4% | −0.7% | −0.6% | −4.0% | +0.1% | −6.5% | +6.0% | −2.0% | −4.5% | +2.8% | +2.1% | −0.9% |
| 2021 | +0.3% | +1.0% | −0.8% | +1.5% | −0.2% | +1.4% | +0.4% | +0.7% | −0.5% | +0.4% | −1.5% | +1.4% |
| 2020 | +0.5% | −1.9% | −10.9% | +5.4% | +5.4% | +1.2% | +4.9% | +1.4% | −0.9% | +0.3% | +4.4% | +2.1% |
| 2019 | — | — | — | — | — | — | +0.6% | +0.3% | +0.1% | +0.5% | +1.3% | +1.3% |
MXFRX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 5.20%
- 3-year Sharpe ratio: 1.06 (vs 4.5% risk-free rate)
- Best month: +4.57% (Nov 2023)
- Worst month: −1.64% (Oct 2023)
MXFRX Fund Flows
Monthly money in and out of Empower High Yield Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $515.2M
- 12-month gross sales (incl. reinvestments): $1.4B
- Sales ÷ redemptions: 1.57×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $105.2M | $65.0M | $40.2M |
| May 2026 | $83.0M | $54.0M | $29.0M |
| Apr 2026 | $69.6M | $43.7M | $25.9M |
| Mar 2026 | $58.1M | $31.5M | $26.5M |
| Feb 2026 | $37.1M | $16.9M | $20.2M |
| Jan 2026 | $18.4M | $10.1M | $8.3M |
| Dec 2025 | $254.0M | $132.0M | $122.0M |
| Nov 2025 | $199.8M | $125.0M | $74.7M |
| Oct 2025 | $180.7M | $118.8M | $61.9M |
| Sep 2025 | $162.3M | $107.8M | $54.5M |
| Aug 2025 | $131.3M | $100.0M | $31.3M |
| Jul 2025 | $113.5M | $93.0M | $20.5M |
MXFRX Assets Under Management
Net assets of Empower High Yield Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $892.42M |
| 2026-03-31 | $830.36M |
| 2025-12-31 | $802.28M |
| 2025-09-30 | $757.26M |
| 2025-06-30 | $691.81M |
| 2025-03-31 | $649.68M |
| 2024-12-31 | $651.29M |
| 2024-09-30 | $635.34M |
| 2024-06-30 | $430.32M |
| 2024-03-31 | $432.08M |
| 2023-12-31 | $424.75M |
| 2023-09-30 | $334.26M |
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.