MXMGX Fees and Costs — Empower T. Rowe Price Mid Cap Growth Fund, Investor Class
Data updated: 2026-08-20
The net expense ratio is 1.02%: a 0.65% management fee plus 0.38% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $392K in broker commissions, 0.0205% of average net assets, and portfolio turnover was 50%.
MXMGX Fees and Expenses
Annual operating expenses and sales charges of MXMGX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.38% |
| Gross expense ratio | 1.03% |
| Fee waiver | −0.01% |
| Net expense ratio | 1.02% |
| 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 |
MXMGX Costs Over Time
On $10,000 invested in MXMGX, assuming 5% a year before costs, total costs come to $650 over 5 years, cutting the return by 1.09% 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 1.02%) | $107 | $334 | $579 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $109 | $358 | $650 |
| Value after costs | $10,391 | $11,219 | $12,113 |
| Impact on return, per year | 1.09% | 1.09% | 1.09% |
MXMGX 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): 0.0205%
- Total broker commissions: $392K
- Bought from dealers (principal trades, not a cost): $23.1M
- Portfolio turnover (prospectus): 50%
- Securities on loan, average value: $14.7M
- Net income from securities lending: $109K (0.006% of average net assets)
MXMGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $58K | 19.76% |
| GOLDMAN SACHS & CO. LLC | $48K | 16.39% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC | $33K | 11.37% |
| MORGAN STANLEY & CO. LLC | $32K | 10.82% |
| CITIGROUP GLOBAL MARKETS INC | $22K | 7.61% |
| WELLS FARGO SECURITIES, LLC | $22K | 7.42% |
| JEFFERIES LLC | $21K | 7.31% |
| BANK OF MONTREAL | $20K | 6.92% |
| UBS SECURITIES LLC | $20K | 6.72% |
| SANFORD C. BERNSTEIN & CO., LLC | $17K | 5.68% |
MXMGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $2.6M | 15.18% |
| GOLDMAN SACHS & CO. LLC | $2.5M | 14.64% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC | $2.3M | 13.65% |
| MORGAN STANLEY & CO. LLC | $2.2M | 13.13% |
| JEFFERIES LLC | $1.6M | 9.63% |
| BANK OF MONTREAL | $1.4M | 7.99% |
| BARCLAYS CAPITAL INC | $1.2M | 7.39% |
| SANFORD C. BERNSTEIN & CO., LLC | $1.2M | 7.09% |
| UBS SECURITIES LLC | $1.1M | 6.35% |
| WELLS FARGO SECURITIES, LLC | $836K | 4.94% |
Empower T. Rowe Price Mid 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 |
|---|---|---|---|
| MXYKX | Institutional Class | 0.66% | — |
| MXMGX | Investor Class | 1.02% | — |
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.