MXLGX Fees and Costs — Empower Large Cap Growth Fund, Investor Class
Data updated: 2026-08-20
The net expense ratio is 0.98%: a 0.60% management fee plus 0.38% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $206K in broker commissions, 0.0117% of average net assets, and portfolio turnover was 51%.
MXLGX Fees and Expenses
Annual operating expenses and sales charges of MXLGX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.38% |
| Gross expense ratio | 0.98% |
| Fee waiver | — |
| Net expense ratio | 0.98% |
| 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 |
MXLGX Costs Over Time
On $10,000 invested in MXLGX, assuming 5% a year before costs, total costs come to $620 over 5 years, cutting the return by 1.04% 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 0.98%) | $103 | $321 | $557 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $104 | $341 | $620 |
| Value after costs | $10,396 | $11,235 | $12,142 |
| Impact on return, per year | 1.04% | 1.04% | 1.04% |
MXLGX 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): 0.0117%
- Total broker commissions: $206K
- Bought from dealers (principal trades, not a cost): $10.6M
- Portfolio turnover (prospectus): 51%
- Securities on loan, average value: $2.0M
- Net income from securities lending: $4K (0.000% of average net assets)
MXLGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Sandler, O'Neill & Partners, L.P. | $29K | 20.14% |
| INSTINET, LLC | $27K | 18.84% |
| GOLDMAN SACHS & CO. LLC | $16K | 10.91% |
| BARCLAYS CAPITAL INC | $13K | 9.24% |
| MORGAN STANLEY & CO. LLC | $11K | 7.75% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC | $11K | 7.46% |
| CITIGROUP GLOBAL MARKETS INC | $10K | 6.94% |
| State Street Bank and Trust Company | $10K | 6.69% |
| JEFFERIES LLC | $9K | 6.28% |
| RBC CAPITAL MARKETS, LLC | $8K | 5.76% |
MXLGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Sandler, O'Neill & Partners, L.P. | $1.2M | 15.96% |
| INSTINET, LLC | $1.1M | 15.18% |
| GOLDMAN SACHS & CO. LLC | $874K | 11.99% |
| JEFFERIES LLC | $816K | 11.19% |
| BARCLAYS CAPITAL INC | $737K | 10.11% |
| CITIGROUP GLOBAL MARKETS INC | $716K | 9.83% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC | $598K | 8.20% |
| MORGAN STANLEY & CO. LLC | $478K | 6.56% |
| RBC CAPITAL MARKETS, LLC | $408K | 5.59% |
| UBS SECURITIES LLC | $393K | 5.39% |
Empower Large Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MXGSX | Institutional Class | 0.61% | — |
| MXLGX | Investor Class | 0.98% | — |
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.