MXVIX Fees and Costs — Empower S&P 500 Index Fund, Investor Class
Data updated: 2026-08-20
The net expense ratio is 0.49%: a 0.12% management fee plus 0.37% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $38K in broker commissions, 0.0005% of average net assets, and portfolio turnover was 1%.
MXVIX Fees and Expenses
Annual operating expenses and sales charges of MXVIX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.12% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.37% |
| Gross expense ratio | 0.49% |
| Fee waiver | — |
| Net expense ratio | 0.49% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
MXVIX Costs Over Time
On $10,000 invested in MXVIX, assuming 5% a year before costs, total costs come to $310 over 5 years, cutting the return by 0.52% 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 0.49%) | $51 | $161 | $281 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $52 | $170 | $310 |
| Value after costs | $10,448 | $11,407 | $12,453 |
| Impact on return, per year | 0.52% | 0.52% | 0.52% |
MXVIX 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): 0.0005%
- Total broker commissions: $38K
- Bought from dealers (principal trades, not a cost): $11.5M
- Portfolio turnover (prospectus): 1%
- Securities on loan, average value: $21.9M
- Net income from securities lending: $21K (0.000% of average net assets)
MXVIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BARINGS SECURITIES LLC | $17K | 44.45% |
| BOFA SECURITIES, INC | $14K | 36.99% |
| GOLDMAN SACHS & CO. LLC | $6K | 14.98% |
| UBS SECURITIES LLC | $1K | 2.93% |
| ALLIANCEBERNSTEIN L.P. | $126 | 0.34% |
| CITIGROUP GLOBAL MARKETS INC | $102 | 0.27% |
| BARCLAYS CAPITAL INC | $18 | 0.05% |
MXVIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC | $6.6M | 57.24% |
| BARINGS SECURITIES LLC | $2.5M | 21.87% |
| GOLDMAN SACHS & CO. LLC | $1.4M | 11.86% |
| UBS SECURITIES LLC | $1.0M | 8.74% |
| CITIGROUP GLOBAL MARKETS INC | $30K | 0.26% |
| BARCLAYS CAPITAL INC | $1K | 0.01% |
| ALLIANCEBERNSTEIN L.P. | $1K | 0.01% |
Empower S&P 500 Index Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MXKWX | Institutional Class | 0.12% | — |
| MXVIX | Investor Class | 0.49% | — |
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.