Empower High Yield Bond Fund

S000023757EMPOWER FUNDS, INC.CIK 0000356476

Share classes

2 classes of this one portfolio · 0 exchange-listed

Class ID	Symbol	Status	Security in the master	Type
C000155783	MXFRX	NOT_LISTED	not exchange-listed	—
C000069834	MXHYX	NOT_LISTED	not exchange-listed	—

The share-class bridge is a snapshot, not history. The SEC's fund share-class file says what each class trades as today, not what it traded as at a past report date. A fund that changed ticker or converted from a mutual fund resolves to its present-day symbol for every historical month shown.

Share classes

Report period

1 period filed. Holdings below describe the selected month only.

2026-03-31

Filing

NPORT-P · filed 2026-05-20

Report date: 2026-03-31
Net assets: $830,361,369.28
Total assets: $838,802,362.76
Total liabilities: $8,440,993.48
Assets invested: $0
Cash not reported in C or D: —
Amendment: No
Accession: 0001193125-26-232039

By asset category

N-PORT Item C.4.a

DBTDebt$757.49M93.1%

STIVShort-term investment veh…$20.81M2.6%

EPEquity - preferred$20.03M2.5%

DFEDerivative - foreign exch…$11.72M1.4%

ECEquity - common$2.88M0.4%

DCRDerivative - credit$578.8K0.1%

By asset category

By issuer category

N-PORT Item C.4.b

CORPCorporate$780.40M95.9%

RFRegistered fund$20.81M2.6%

OTHEROther; the filer describe…$12.30M1.5%

By issuer category

By investment country

as filed

USUS$676.56M85.3%

BMBM$19.06M2.4%

GBGB$17.75M2.2%

NLNL$13.92M1.8%

CACA$13.38M1.7%

FRFR$12.66M1.6%

PAPA$7.23M0.9%

ITIT$7.14M0.9%

KYKY$6.84M0.9%

DKDK$6.70M0.8%

LULU$6.58M0.8%

ILIL$4.96M0.6%

By country

Classification look-through

Positions resolved to the master through ISIN, then rolled up through the taxonomy. 0.2% of reported value reaches a classification.

Not resolved to the master(499)$811.99M99.8%

Equity · Consumer Discretionary(2)$796.4K0.1%

Equity · Materials(1)$375.3K0.0%

Equity · Industrials(1)$351.7K0.0%

Classification covers part of the master. 5,771 of 13,106 active securities are classified. Anything unclassified is shown as its own band rather than dropped, so a look-through total that falls short of 100% is telling you about coverage, not about the fund.

Percentages are of the reported value of positions above ($813.51M), not of the fund’s net assets ($830.36M). The two differ by cash, derivatives filed with no market value, and rounding.

Classification look-through

Holdings

503 positions in this filing

Issuer nameAsset categoryIssuer category

Holdings

Issuer↕	In master	CUSIP / ISIN	Asset	Balance↕	Value↕	Weight▼	Country
Adient Global Holdings Ltd ADNT 8.25 04/15/31 144A	—	00687YAC9 US00687YAC93	DBT CORP	2,260,000 NS	$2.34M	0.282%	JE
Zegona Finance PLC ZEGLN 8.625 07/15/29 144A	—	98927UAA5 US98927UAA51	DBT CORP	2,231,999.97 NS	$2.34M	0.282%	GB
OSI System Inc. OSIS 0.5 02/01/31	—	671044AG0 US671044AG08	DBT CORP	2,290,000 NS	$2.34M	0.281%	US
Planet Labs Pbc PL 0.5 10/15/30	—	72703XAA4 US72703XAA46	DBT CORP	913,000 NS	$2.30M	0.277%	US
Carnival Corporation CCL 5.75 08/01/32 144A	—	143658CA8 US143658CA82	DBT CORP	2,280,000 NS	$2.28M	0.274%	PA
CHS/Community Health Systems Inc CYH 6 01/15/29 144A	—	12543DBH2 US12543DBH26	DBT CORP	2,295,000 NS	$2.27M	0.273%	US
Vistra Operations Co LLC VST 7.75 10/15/31 144A	—	92840VAP7 US92840VAP76	DBT CORP	2,165,000 NS	$2.27M	0.273%	US
Uber Technologies Inc UBER 0.875 12/01/28 2028	—	90353TAM2 US90353TAM27	DBT CORP	1,870,000 NS	$2.25M	0.271%	US
Nexstar Media Inc. NXST 4.75 11/01/28 144A	—	65336YAN3 US65336YAN31	DBT CORP	2,275,000 NS	$2.24M	0.269%	US
Medline Borrower LP MEDIND 3.875 04/01/29 144A	—	62482BAA0 US62482BAA08	DBT CORP	2,305,000 NS	$2.23M	0.269%	US
Efesto Bidco S.p.A/ Efesto US LLC EBIDCO 7.5 02/15/32 XR	—	28201XAB1 US28201XAB10	DBT CORP	2,240,000 NS	$2.23M	0.268%	IT
Gray Media Inc. GTN 9.625 07/15/32 144A	—	389375AN6 US389375AN64	DBT CORP	2,220,000 NS	$2.22M	0.267%	US
FERTITTA ENTERTAINMENT LLC CORPORATE TERM LOAN	—	BL4795250 —	DBT CORP	2,262,974.5 NS	$2.22M	0.267%	US
Station Casinos LLC RRR 6.625 03/15/32 144A	—	857691AJ8 US857691AJ89	DBT CORP	2,205,000 NS	$2.21M	0.267%	US
MKS Inc. MKSI 1.25 06/01/30	—	55306NAB0 US55306NAB01	DBT CORP	1,339,000 NS	$2.21M	0.266%	US
Sirius Xm Radio LLC SIRI 3.875 09/01/31 144A	—	82967NBM9 US82967NBM92	DBT CORP	2,435,000 NS	$2.21M	0.266%	US
Hilcorp Energy I L.P/Hilcorp Finance Co HILCRP 6.875 05/15/34 144A	—	431318BE3 US431318BE31	DBT CORP	2,260,000 NS	$2.21M	0.266%	US
StoneX Escrow Issuer LLC SNEX 6.875 07/15/32 144A	—	86189AAA7 US86189AAA79	DBT CORP	2,180,000 NS	$2.20M	0.265%	US
Commercial Metals Company CMC 4.375 03/15/32	—	201723AR4 US201723AR41	DBT CORP	2,380,000 NS	$2.20M	0.265%	US
Standard Building Solutions Inc. BMCAUS 6.25 08/01/33 144A	—	853191AC8 US853191AC80	DBT CORP	2,220,000 NS	$2.20M	0.264%	US
DigitalOcean Holdings Inc DOCN 0 08/15/30	—	25402DAC6 US25402DAC65	DBT CORP	958,000 NS	$2.19M	0.264%	US
Nexstar Media Inc. NXST 6.5 09/15/33 144A	—	65346UAB5 US65346UAB52	DBT CORP	2,170,000 NS	$2.19M	0.263%	US
Southern Co. SO 4.5 06/15/27	—	842587DZ7 US842587DZ77	DBT CORP	1,959,000 NS	$2.18M	0.262%	US
Digital Realty Trust, L.P. DLR 1.875 11/15/29	—	25389JAX4 US25389JAX46	DBT CORP	2,029,000 NS	$2.15M	0.259%	US
Nissan Motor Co Ltd. NSANY 8.125 07/17/35 144A	—	654922AD5 US654922AD53	DBT CORP	2,045,000 NS	$2.10M	0.253%	JP
CVS Health Corp CVS V7 03/10/55	—	126650EH9 US126650EH94	DBT CORP	2,035,000 NS	$2.10M	0.253%	US
Burlington Stores Inc. BURL 1.25 12/15/27	—	122017AD8 US122017AD81	DBT CORP	1,268,000 NS	$2.09M	0.252%	US
Tibco Software Inc TIBX 6.5 03/31/29 144A	—	88632QAE3 US88632QAE35	DBT CORP	2,140,000 NS	$2.09M	0.251%	US
Chefs Warehouse Inc. CHEF 2.375 12/15/28	—	163086AE1 US163086AE15	DBT CORP	1,408,000 NS	$2.08M	0.250%	US
ESAB Corp. ESAB 5.625 04/01/31 144A	—	29605JAB2 US29605JAB26	DBT CORP	2,045,000 NS	$2.06M	0.248%	US
Live Nation Entertainment, Inc. LYV 3.125 01/15/29	—	538034BA6 US538034BA63	DBT CORP	1,355,000 NS	$2.06M	0.248%	US
Jones Deslauriers Insurance Management Inc. NAVCOR 8.5 03/15/30 144A	—	48020RAB1 US48020RAB15	DBT CORP	2,015,000 NS	$2.05M	0.247%	CA
Sunoco LP SUN 6.25 07/01/33 144A	—	86765KAD1 US86765KAD19	DBT CORP	2,035,000 NS	$2.04M	0.246%	US
Discovery Communications, LLC WBD 4.125 05/15/29 *	—	25470DCA5 US25470DCA54	DBT CORP	2,110,000 NS	$2.03M	0.245%	US
Ally Financial Inc. ALLY 8 11/01/31 *	—	36186CBY8 US36186CBY84	DBT CORP	1,830,000 NS	$2.03M	0.244%	US
Terawulf Inc WULF 0 05/01/32	—	88080TAE4 US88080TAE47	DBT CORP	1,958,000 NS	$2.02M	0.244%	US
Calumet Specialty Products Partners LP / Calu… CLMT 9.75 02/15/31 144A	—	131477BA8 US131477BA87	DBT CORP	1,895,000 NS	$2.01M	0.242%	US
Watco Companies, L.L.C. / Watco Finance Corp. WATCOS 7.125 08/01/32 144A	—	941130AD8 US941130AD86	DBT CORP	1,960,000 NS	$2.01M	0.242%	US
ENDO FINANCE HOLDINGS INC CORPORATE TERM LOAN	—	BL4793917 —	DBT CORP	2,024,955.59 NS	$2.01M	0.242%	US
Post Holdings Inc. POST 2.5 08/15/27	—	737446AT1 US737446AT14	DBT CORP	1,856,000 NS	$2.01M	0.242%	US
Black Pearl Compute LLC BLKPRL 6.125 02/15/31 144A	—	09216NAA8 US09216NAA81	DBT CORP	1,970,000 NS	$2.01M	0.241%	US
Cloudflare Inc NET 0 06/15/30	—	18915MAE7 US18915MAE75	DBT CORP	1,768,000 NS	$2.00M	0.241%	US
AeroVironment, Inc. AVAV 0 07/15/30	—	008073AA6 US008073AA60	DBT CORP	2,031,000 NS	$1.99M	0.239%	US
ViaSat, Inc. VSAT 7.5 05/30/31 144A	—	92552VAR1 US92552VAR15	DBT CORP	2,010,000 NS	$1.99M	0.239%	US
Spectrum Brands, Inc. SPB 3.375 06/01/29	—	84762LAZ8 US84762LAZ85	DBT CORP	1,987,000 NS	$1.98M	0.239%	US
Transocean International Ltd. RIG 8.5 05/15/31 144A	—	893830BZ1 US893830BZ10	DBT CORP	1,885,000 NS	$1.98M	0.238%	BM
OneSky Flight LLC FLXJET 8.875 12/15/29 144A	—	68278CAA3 US68278CAA36	DBT CORP	1,910,000 NS	$1.97M	0.237%	US
SCIH Salt Holdings Inc. MORTON 4.875 05/01/28 144A	—	78433BAA6 US78433BAA61	DBT CORP	1,985,000 NS	$1.96M	0.236%	US
Cipher Digital Inc. CIFR 0 10/01/31	—	17253JAB2 US17253JAB26	DBT CORP	1,759,000 NS	$1.96M	0.236%	US
Strategy Inc. MSTR 0 03/01/30	—	594972AU5 US594972AU59	DBT CORP	2,244,000 NS	$1.96M	0.236%	US

Issuer↕

In master

CUSIP / ISIN

Asset

Balance↕

Value↕

Weight▼

Country

Adient Global Holdings Ltd

ADNT 8.25 04/15/31 144A

—

00687YAC9

US00687YAC93

DBT

CORP

2,260,000 NS

$2.34M

0.282%

Zegona Finance PLC

ZEGLN 8.625 07/15/29 144A

—

98927UAA5

US98927UAA51

DBT

CORP

2,231,999.97 NS

$2.34M

0.282%

OSI System Inc.

OSIS 0.5 02/01/31

—

671044AG0

US671044AG08

DBT

CORP

2,290,000 NS

$2.34M

0.281%

Planet Labs Pbc

PL 0.5 10/15/30

—

72703XAA4

US72703XAA46

DBT

CORP

913,000 NS

$2.30M

0.277%

Carnival Corporation

CCL 5.75 08/01/32 144A

—

143658CA8

US143658CA82

DBT

CORP

2,280,000 NS

$2.28M

0.274%

CHS/Community Health Systems Inc

CYH 6 01/15/29 144A

—

12543DBH2

US12543DBH26

DBT

CORP

2,295,000 NS

$2.27M

0.273%

Vistra Operations Co LLC

VST 7.75 10/15/31 144A

—

92840VAP7

US92840VAP76

DBT

CORP

2,165,000 NS

$2.27M

0.273%

Uber Technologies Inc

UBER 0.875 12/01/28 2028

—

90353TAM2

US90353TAM27

DBT

CORP

1,870,000 NS

$2.25M

0.271%

Nexstar Media Inc.

NXST 4.75 11/01/28 144A

—

65336YAN3

US65336YAN31

DBT

CORP

2,275,000 NS

$2.24M

0.269%

Medline Borrower LP

MEDIND 3.875 04/01/29 144A

—

62482BAA0

US62482BAA08

DBT

CORP

2,305,000 NS

$2.23M

0.269%

Efesto Bidco S.p.A/ Efesto US LLC

EBIDCO 7.5 02/15/32 XR

—

28201XAB1

US28201XAB10

DBT

CORP

2,240,000 NS

$2.23M

0.268%

Gray Media Inc.

GTN 9.625 07/15/32 144A

—

389375AN6

US389375AN64

DBT

CORP

2,220,000 NS

$2.22M

0.267%

FERTITTA ENTERTAINMENT LLC

CORPORATE TERM LOAN

—

BL4795250

—

DBT

CORP

2,262,974.5 NS

$2.22M

0.267%

Station Casinos LLC

RRR 6.625 03/15/32 144A

—

857691AJ8

US857691AJ89

DBT

CORP

2,205,000 NS

$2.21M

0.267%

MKS Inc.

MKSI 1.25 06/01/30

—

55306NAB0

US55306NAB01

DBT

CORP

1,339,000 NS

$2.21M

0.266%

Sirius Xm Radio LLC

SIRI 3.875 09/01/31 144A

—

82967NBM9

US82967NBM92

DBT

CORP

2,435,000 NS

$2.21M

0.266%

Hilcorp Energy I L.P/Hilcorp Finance Co

HILCRP 6.875 05/15/34 144A

—

431318BE3

US431318BE31

DBT

CORP

2,260,000 NS

$2.21M

0.266%

StoneX Escrow Issuer LLC

SNEX 6.875 07/15/32 144A

—

86189AAA7

US86189AAA79

DBT

CORP

2,180,000 NS

$2.20M

0.265%

Commercial Metals Company

CMC 4.375 03/15/32

—

201723AR4

US201723AR41

DBT

CORP

2,380,000 NS

$2.20M

0.265%

Standard Building Solutions Inc.

BMCAUS 6.25 08/01/33 144A

—

853191AC8

US853191AC80

DBT

CORP

2,220,000 NS

$2.20M

0.264%

DigitalOcean Holdings Inc

DOCN 0 08/15/30

—

25402DAC6

US25402DAC65

DBT

CORP

958,000 NS

$2.19M

0.264%

Nexstar Media Inc.

NXST 6.5 09/15/33 144A

—

65346UAB5

US65346UAB52

DBT

CORP

2,170,000 NS

$2.19M

0.263%

Southern Co.

SO 4.5 06/15/27

—

842587DZ7

US842587DZ77

DBT

CORP

1,959,000 NS

$2.18M

0.262%

Digital Realty Trust, L.P.

DLR 1.875 11/15/29

—

25389JAX4

US25389JAX46

DBT

CORP

2,029,000 NS

$2.15M

0.259%

Nissan Motor Co Ltd.

NSANY 8.125 07/17/35 144A

—

654922AD5

US654922AD53

DBT

CORP

2,045,000 NS

$2.10M

0.253%

CVS Health Corp

CVS V7 03/10/55

—

126650EH9

US126650EH94

DBT

CORP

2,035,000 NS

$2.10M

0.253%

Burlington Stores Inc.

BURL 1.25 12/15/27

—

122017AD8

US122017AD81

DBT

CORP

1,268,000 NS

$2.09M

0.252%

Tibco Software Inc

TIBX 6.5 03/31/29 144A

—

88632QAE3

US88632QAE35

DBT

CORP

2,140,000 NS

$2.09M

0.251%

Chefs Warehouse Inc.

CHEF 2.375 12/15/28

—

163086AE1

US163086AE15

DBT

CORP

1,408,000 NS

$2.08M

0.250%

ESAB Corp.

ESAB 5.625 04/01/31 144A

—

29605JAB2

US29605JAB26

DBT

CORP

2,045,000 NS

$2.06M

0.248%

Live Nation Entertainment, Inc.

LYV 3.125 01/15/29

—

538034BA6

US538034BA63

DBT

CORP

1,355,000 NS

$2.06M

0.248%

Jones Deslauriers Insurance Management Inc.

NAVCOR 8.5 03/15/30 144A

—

48020RAB1

US48020RAB15

DBT

CORP

2,015,000 NS

$2.05M

0.247%

Sunoco LP

SUN 6.25 07/01/33 144A

—

86765KAD1

US86765KAD19

DBT

CORP

2,035,000 NS

$2.04M

0.246%

Discovery Communications, LLC

WBD 4.125 05/15/29 *

—

25470DCA5

US25470DCA54

DBT

CORP

2,110,000 NS

$2.03M

0.245%

Ally Financial Inc.

ALLY 8 11/01/31 *

—

36186CBY8

US36186CBY84

DBT

CORP

1,830,000 NS

$2.03M

0.244%

Terawulf Inc

WULF 0 05/01/32

—

88080TAE4

US88080TAE47

DBT

CORP

1,958,000 NS

$2.02M

0.244%

Calumet Specialty Products Partners LP / Calu…

CLMT 9.75 02/15/31 144A

—

131477BA8

US131477BA87

DBT

CORP

1,895,000 NS

$2.01M

0.242%

Watco Companies, L.L.C. / Watco Finance Corp.

WATCOS 7.125 08/01/32 144A

—

941130AD8

US941130AD86

DBT

CORP

1,960,000 NS

$2.01M

0.242%

ENDO FINANCE HOLDINGS INC

CORPORATE TERM LOAN

—

BL4793917

—

DBT

CORP

2,024,955.59 NS

$2.01M

0.242%

Post Holdings Inc.

POST 2.5 08/15/27

—

737446AT1

US737446AT14

DBT

CORP

1,856,000 NS

$2.01M

0.242%

Black Pearl Compute LLC

BLKPRL 6.125 02/15/31 144A

—

09216NAA8

US09216NAA81

DBT

CORP

1,970,000 NS

$2.01M

0.241%

Cloudflare Inc

NET 0 06/15/30

—

18915MAE7

US18915MAE75

DBT

CORP

1,768,000 NS

$2.00M

0.241%

AeroVironment, Inc.

AVAV 0 07/15/30

—

008073AA6

US008073AA60

DBT

CORP

2,031,000 NS

$1.99M

0.239%

ViaSat, Inc.

VSAT 7.5 05/30/31 144A

—

92552VAR1

US92552VAR15

DBT

CORP

2,010,000 NS

$1.99M

0.239%

Spectrum Brands, Inc.

SPB 3.375 06/01/29

—

84762LAZ8

US84762LAZ85

DBT

CORP

1,987,000 NS

$1.98M

0.239%

Transocean International Ltd.

RIG 8.5 05/15/31 144A

—

893830BZ1

US893830BZ10

DBT

CORP

1,885,000 NS

$1.98M

0.238%

OneSky Flight LLC

FLXJET 8.875 12/15/29 144A

—

68278CAA3

US68278CAA36

DBT

CORP

1,910,000 NS

$1.97M

0.237%

SCIH Salt Holdings Inc.

MORTON 4.875 05/01/28 144A

—

78433BAA6

US78433BAA61

DBT

CORP

1,985,000 NS

$1.96M

0.236%

Cipher Digital Inc.

CIFR 0 10/01/31

—

17253JAB2

US17253JAB26

DBT

CORP

1,759,000 NS

$1.96M

0.236%

Strategy Inc.

MSTR 0 03/01/30

—

594972AU5

US594972AU59

DBT

CORP

2,244,000 NS

$1.96M

0.236%