MXMVX Performance — Empower Mid Cap Value Fund, Investor Class
Data updated: 2026-08-20
MXMVX returned +14.50% year to date and +21.73% over one year to Jun 2026. Annualised returns are +15.40% over 3 years and +9.48% over 5 years. The fund beat its US Mid-Cap Value category average: $100 invested three years ago grew to $154, against $148 for the category, and to $122 over one year, against $120. Volatility over the past three years was 14.69% a year. In the 12 months to Jun 2026 the fund took in a net $902.9M, and assets reached $1.09B.
MXMVX Growth of $100
What $100 invested in Empower Mid Cap Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Value category average over the same months.
| Period | MXMVX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $122 | $120 |
| 3 years (Jul 2023 – Jun 2026) | $154 | $148 |
| 5 years (Jul 2021 – Jun 2026) | $157 | $154 |
| Since data start (Jul 2019 – Jun 2026) | $201 | $212 |
MXMVX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +14.50% |
| 1 year | +21.73% |
| 3 years (annualised) | +15.40% |
| 5 years (annualised) | +9.48% |
MXMVX Annual Returns
Calendar-year total returns of Empower Mid Cap Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +14.50% |
| 2025 | +8.32% |
| 2024 | +15.68% |
| 2023 | +15.35% |
| 2022 | −11.76% |
| 2021 | +30.17% |
| 2020 | −0.34% |
| 2019 (Jul–Dec) | +5.98% |
MXMVX 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 | +4.4% | +3.9% | −5.1% | +8.1% | +0.5% | +2.3% | — | — | — | — | — | — |
| 2025 | +3.5% | −1.8% | −4.5% | −2.8% | +4.8% | +3.1% | −0.4% | +4.3% | +0.2% | −0.8% | +2.4% | +0.7% |
| 2024 | −1.6% | +4.8% | +5.5% | −5.5% | +4.1% | −1.0% | +6.1% | +2.5% | +1.0% | −2.1% | +8.2% | −6.2% |
| 2023 | +9.1% | −2.6% | −3.0% | +0.1% | −4.0% | +8.7% | +4.4% | −3.5% | −4.4% | −4.5% | +8.3% | +7.5% |
| 2022 | −3.5% | +0.7% | +3.0% | −5.8% | +1.1% | −11.0% | +8.0% | −3.1% | −9.8% | +10.8% | +4.8% | −5.2% |
| 2021 | −0.1% | +7.5% | +5.8% | +5.6% | +2.5% | −1.7% | +0.5% | +2.4% | −4.2% | +4.9% | −3.0% | +7.3% |
| 2020 | −2.7% | −10.4% | −24.2% | +13.0% | +4.5% | +1.0% | +5.0% | +3.1% | −2.3% | +0.7% | +12.9% | +5.2% |
| 2019 | — | — | — | — | — | — | +0.6% | −3.9% | +4.0% | +0.7% | +2.7% | +1.9% |
MXMVX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 14.69%
- 3-year Sharpe ratio: 0.74 (vs 4.5% risk-free rate)
- Best month: +8.32% (Nov 2023)
- Worst month: −6.22% (Dec 2024)
MXMVX Fund Flows
Monthly money in and out of Empower Mid Cap Value Fund, from SEC Form N-PORT.
- 12-month net flow: $902.9M
- 12-month gross sales (incl. reinvestments): $2.7B
- Sales ÷ redemptions: 1.49×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $86.9M | $303.3M | −$216.4M |
| May 2026 | $72.7M | $271.1M | −$198.3M |
| Apr 2026 | $61.0M | $258.5M | −$197.5M |
| Mar 2026 | $47.6M | $246.3M | −$198.7M |
| Feb 2026 | $35.2M | $20.8M | $14.4M |
| Jan 2026 | $18.0M | $12.7M | $5.4M |
| Dec 2025 | $509.6M | $149.2M | $360.5M |
| Nov 2025 | $442.6M | $138.2M | $304.4M |
| Oct 2025 | $420.0M | $130.3M | $289.7M |
| Sep 2025 | $397.1M | $113.1M | $284.0M |
| Aug 2025 | $333.1M | $97.1M | $235.9M |
| Jul 2025 | $310.0M | $90.5M | $219.5M |
MXMVX Assets Under Management
Net assets of Empower Mid Cap Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.09B |
| 2026-03-31 | $991.06M |
| 2025-12-31 | $1.16B |
| 2025-09-30 | $1.10B |
| 2025-06-30 | $993.47M |
| 2025-03-31 | $860.26M |
| 2024-12-31 | $769.16M |
| 2024-09-30 | $649.51M |
| 2024-06-30 | $621.78M |
| 2024-03-31 | $652.36M |
| 2023-12-31 | $614.46M |
| 2023-09-30 | $520.01M |
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.