# EDGAR Filing Document

**Accession Number:** 0000356476
**File Stem:** 0001145549-23-000569
**Filing Date:** 2023-1
**Character Count:** 11620
**Document Hash:** ccd958ff1ccd375ca2f3c08076f45a06
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-000569.hdr.sgml**: 20230109

**ACCESSION NUMBER**: 0001145549-23-000569

**CONFORMED SUBMISSION TYPE**: N-MFP2

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230109

**DATE AS OF CHANGE**: 20230109

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EMPOWER FUNDS, INC.
- **CENTRAL INDEX KEY:** 0000356476
- **IRS NUMBER:** 840876044
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-MFP2
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03364
- **FILM NUMBER:** 23517521

**BUSINESS ADDRESS:**
- **STREET 1:** 8515 E ORCHARD ROAD
- **CITY:** GREENWOOD VILLAGE
- **STATE:** CO
- **ZIP:** 80111
- **BUSINESS PHONE:** 303-737-3000

**MAIL ADDRESS:**
- **STREET 1:** 8515 E ORCHARD ROAD
- **CITY:** GREENWOOD VILLAGE
- **STATE:** CO
- **ZIP:** 80111

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GREAT-WEST FUNDS INC
- **DATE OF NAME CHANGE:** 20121005

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MAXIM SERIES FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Empower Government Money Market Fund (Series ID: S000023728)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000069805 | Investor Class      | MXMXX           |
| C000155755 | Institutional Class | MXGXX           |

# Form N-MFP: Monthly Schedule of Portfolio Holdings

## N-MFP: Filer Information

**Submission Type:** N-MFP2

**Live/Test Flag:** —

**Is Electronic Copy of Paper Format:** —

**CIK:** —

### General Information

**Report for (YYYY-MM-DD):** 2022-12-31

**EDGAR Series Identifier:** S000023728

**Total number of share classes in the series:** —

**Is this the fund's final filing on Form N-MFP?:** —

**Is Fund Liquidating?:** —

**Is Fund Merging/Being Acquired?:** —

**Has the fund acquired or merged with another fund during the reporting period?:** —

## Part A: Series-Level Information about the Fund

### Service Providers
| Item   | Role                          | Details                                              | File/CIK Number   |
|:---|:---|:---|:---|
| A.5    | Administrator                 | Empower Annuity Insurance Company of America         |  |
| A.4    | Independent Public Accountant | Deloitte & Touche LLP<br>City: Denver<br>State: CO   |  |
| A.6    | Transfer Agent                | DST Asset Manager Solutions, Inc.<br>CIK: 0000027048 | 084-00448         |

### Fund Characteristics & Assets

- **A.1 - Securities Act File Number:** 002-75503

- **A.7 - Is this a Feeder Fund?:** No

- **A.8 - Is this a Master Fund?:** No

- **A.9 - Is this series primarily used to fund insurance company separate accounts?:** Yes

- **A.10 - Money Market Fund Category:** Exempt Government

- **A.11 - WAM:** 11 days

- **A.12 - WAL:** 11 days

- **Total Value of Portfolio Securities:** $609889925.00

- **Amortized Cost of Portfolio Securities:** $609754524.41

- **Cash:** $139781.18

- **Total Other Assets:** $209659.36

- **Total Liabilities:** $375333.27

- **Net Assets of Series:** $609728631.68

- **Number of Shares Outstanding (Series):** 609728631.69

- **Stable Price Per Share:** $1.00

- **7-Day Gross Yield:** 3.9300%

### Weekly Liquid Assets
| Period         | Daily Liquid Assets ($)   | Weekly Liquid Assets ($)   | Daily Liquid Assets (%)   | Weekly Liquid Assets (%)   |
|:---|:---|:---|:---|:---|
| Friday, Week 1 |  | $646187197.04              |  | 100.0000%                  |
| Friday, Week 2 |  | $644098831.85              |  | 100.0000%                  |
| Friday, Week 3 |  | $626251233.69              |  | 100.0000%                  |
| Friday, Week 4 |  | $622207020.46              |  | 100.0000%                  |
| Friday, Week 5 |  | $609894305.59              |  | 100.0000%                  |

## Part B: Class-Level Information about the Fund

### Class: Unknown Class (—)

- **B.2 - Minimum Initial Investment:** $0.01

- **B.3 - Net Assets of Class:** $367905834.24

- **B.4 - Shares Outstanding:** 367905834.25

- **B.7.7 - 7-Day Net Yield:** 4.0600%

- **Person Paying for Fund Expenses?:** Yes

- **Expense Reimbursement/Waiver Description:** Empower Capital Management, LLC was required by contract to waive fees of -16,047.16

**Weekly Flows:**

| Period   | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| Week 1   | $1022545.46               | $1351438.39             |
| Week 2   | $2603713.05               | $830234.09              |
| Week 3   | $836904.80                | $4102991.73             |
| Week 4   | $7807814.41               | $8694511.66             |
| Week 5   | $2817070.77               | $8159761.00             |

**Monthly Shareholder Flow Activity:**

- **Gross Subscriptions for month:** $15088048.49

- **Gross Redemptions for month:** $23138936.87

### Class: Unknown Class (—)

- **B.2 - Minimum Initial Investment:** $0.01

- **B.3 - Net Assets of Class:** $241822797.44

- **B.4 - Shares Outstanding:** 241822797.44

- **B.7.7 - 7-Day Net Yield:** 4.3600%

- **Person Paying for Fund Expenses?:** Yes

- **Expense Reimbursement/Waiver Description:** Empower Capital Management, LLC was required by contract to waive fees of 4,414.76

**Weekly Flows:**

| Period   | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| Week 1   | $7928863.58               | $1366711.59             |
| Week 2   | $3005656.68               | $7335637.10             |
| Week 3   | $1874998.93               | $16887193.43            |
| Week 4   | $1909897.61               | $5532310.26             |
| Week 5   | $4628360.29               | $10198560.92            |

**Monthly Shareholder Flow Activity:**

- **Gross Subscriptions for month:** $19347777.09

- **Gross Redemptions for month:** $41320413.30

## Part C: Schedule of Portfolio Securities

### Security 1: Daiwa Cap Markets America Inc

- **C.1 - Title:** Daiwa Cap Markets America Inc 4.149999%
- **C.6 - Investment Category:** U.S. Government Agency Repurchase Agreement, collateralized only by U.S. Government Agency securities, U.S. Treasuries, and cash
- **Identifiers:** C.3 - LEI: M67H5PRC0NQKM73ZAS82, CIK: 0001489000, C.5 - Other ID: 01152$$LR
- **C.18 - Value (incl. sponsor support):** $100000000.00
- **C.18.a - Value (excl. sponsor support):** $100000000.00
- **Principal Amount:** —
- **Amortized Cost:** —
- **Fair Value:** —
- **C.19 - Percentage of Net Assets:** 16.4000%
- **C.17 - Yield as of Reporting Date:** 4.1500%
- **C.11 - Maturity Date (WAM):** 2023-01-03
- **C.12 - Maturity Date (WAL):** 2023-01-03
- **C.13 - Final Legal Maturity Date:** 2023-01-03
- **Characteristics:** C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 2: Federal Home Loan Bank

- **C.1 - Title:** Federal Home Loan Bank 3.955850%
- **C.6 - Investment Category:** U.S. Government Agency Debt
- **Identifiers:** C.3 - CUSIP: 313384AC3, C.4 - ISIN: US313384AC33, C.3 - LEI: -
- **C.18 - Value (incl. sponsor support):** $85300000.00
- **C.18.a - Value (excl. sponsor support):** $85300000.00
- **Principal Amount:** —
- **Amortized Cost:** —
- **Fair Value:** —
- **C.19 - Percentage of Net Assets:** 13.9900%
- **C.17 - Yield as of Reporting Date:** 3.9600%
- **C.11 - Maturity Date (WAM):** 2023-01-03
- **C.12 - Maturity Date (WAL):** 2023-01-03
- **C.13 - Final Legal Maturity Date:** 2023-01-03
- **Characteristics:** C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 3: United States of America

- **C.1 - Title:** United States of America 3.356057%
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912796XS3, C.4 - ISIN: US912796XS39, C.3 - LEI: -
- **C.18 - Value (incl. sponsor support):** $99839100.00
- **C.18.a - Value (excl. sponsor support):** $99839100.00
- **Principal Amount:** —
- **Amortized Cost:** —
- **Fair Value:** —
- **C.19 - Percentage of Net Assets:** 16.3700%
- **C.17 - Yield as of Reporting Date:** 3.3600%
- **C.11 - Maturity Date (WAM):** 2023-01-19
- **C.12 - Maturity Date (WAL):** 2023-01-19
- **C.13 - Final Legal Maturity Date:** 2023-01-19
- **Characteristics:** C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 4: United States of America

- **C.1 - Title:** United States of America 3.868167%
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912796ZH5, C.4 - ISIN: US912796ZH55, C.3 - LEI: -
- **C.18 - Value (incl. sponsor support):** $100000000.00
- **C.18.a - Value (excl. sponsor support):** $100000000.00
- **Principal Amount:** —
- **Amortized Cost:** —
- **Fair Value:** —
- **C.19 - Percentage of Net Assets:** 16.4000%
- **C.17 - Yield as of Reporting Date:** 3.8700%
- **C.11 - Maturity Date (WAM):** 2023-01-03
- **C.12 - Maturity Date (WAL):** 2023-01-03
- **C.13 - Final Legal Maturity Date:** 2023-01-03
- **Characteristics:** C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 5: United States of America

- **C.1 - Title:** United States of America 3.657285%
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912796ZJ1, C.4 - ISIN: US912796ZJ12, C.3 - LEI: -
- **C.18 - Value (incl. sponsor support):** $99929700.00
- **C.18.a - Value (excl. sponsor support):** $99929700.00
- **Principal Amount:** —
- **Amortized Cost:** —
- **Fair Value:** —
- **C.19 - Percentage of Net Assets:** 16.3900%
- **C.17 - Yield as of Reporting Date:** 3.6600%
- **C.11 - Maturity Date (WAM):** 2023-01-10
- **C.12 - Maturity Date (WAL):** 2023-01-10
- **C.13 - Final Legal Maturity Date:** 2023-01-10
- **Characteristics:** C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 6: United States of America

- **C.1 - Title:** United States of America 3.516000%
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912796ZK8, C.4 - ISIN: US912796ZK84, C.3 - LEI: -
- **C.18 - Value (incl. sponsor support):** $124821125.00
- **C.18.a - Value (excl. sponsor support):** $124821125.00
- **Principal Amount:** —
- **Amortized Cost:** —
- **Fair Value:** —
- **C.19 - Percentage of Net Assets:** 20.4700%
- **C.17 - Yield as of Reporting Date:** 3.5200%
- **C.11 - Maturity Date (WAM):** 2023-01-17
- **C.12 - Maturity Date (WAL):** 2023-01-17
- **C.13 - Final Legal Maturity Date:** 2023-01-17
- **Characteristics:** C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

## N-MFP: Signatures

**Registrant:** Empower Funds, Inc.

**Date:** 2023-01-09

**By:** /s/Kelly New

**Name of Signing Officer:** Kelly New

**Title of Signing Officer:** Treasurer, Empower Funds, Inc.