# EDGAR Filing Document

**Accession Number:** 0000356476
**File Stem:** 0001145549-23-005323
**Filing Date:** 2023-2
**Character Count:** 11460
**Document Hash:** 67aaf8f1d8a67c2471f891b8a899d016
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-005323.hdr.sgml**: 20230207

**ACCESSION NUMBER**: 0001145549-23-005323

**CONFORMED SUBMISSION TYPE**: N-MFP2

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230207

**DATE AS OF CHANGE**: 20230207

**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:** 23593052

**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):** 2023-01-31

**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                | SS&C GIDS, 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:** 14 days

- **A.12 - WAL:** 14 days

- **Total Value of Portfolio Securities:** $614314600.00

- **Amortized Cost of Portfolio Securities:** $614317428.03

- **Cash:** $153584.46

- **Total Other Assets:** $190229548.69

- **Total Liabilities:** $190426114.82

- **Net Assets of Series:** $614274446.36

- **Number of Shares Outstanding (Series):** 614274446.37

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

- **7-Day Gross Yield:** 4.4400%

### Weekly Liquid Assets
| Period         | Daily Liquid Assets ($)   | Weekly Liquid Assets ($)   | Daily Liquid Assets (%)   | Weekly Liquid Assets (%)   |
|:---|:---|:---|:---|:---|
| Friday, Week 1 |  | $618257817.57              |  | 100.0000%                  |
| Friday, Week 2 |  | $622661470.56              |  | 100.0000%                  |
| Friday, Week 3 |  | $613235730.05              |  | 100.0000%                  |
| Friday, Week 4 |  | $617404249.49              |  | 100.0000%                  |
| Friday, Week 5 |  | $0.00                      |  | 0.0000%                    |

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

### Class: Unknown Class (—)

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

- **B.3 - Net Assets of Class:** $351080787.69

- **B.4 - Shares Outstanding:** 351080787.70

- **B.7.7 - 7-Day Net Yield:** 3.9800%

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

- **Expense Reimbursement/Waiver Description:** Empower Capital Management, LLC was required by contract to waive fees of 10,922.89

**Weekly Flows:**

| Period   | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| Week 1   | $3076804.96               | $1983137.05             |
| Week 2   | $2102563.07               | $6549369.93             |
| Week 3   | $1296203.86               | $11158180.43            |
| Week 4   | $1681242.73               | $3529793.74             |

**Monthly Shareholder Flow Activity:**

- **Gross Subscriptions for month:** $9756829.78

- **Gross Redemptions for month:** $26581876.33

### Class: Unknown Class (—)

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

- **B.3 - Net Assets of Class:** $263193658.67

- **B.4 - Shares Outstanding:** 263193658.67

- **B.7.7 - 7-Day Net Yield:** 4.3300%

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

- **Expense Reimbursement/Waiver Description:** Empower Capital Management, LLC was required by contract to waive fees of 6,124.54

**Weekly Flows:**

| Period   | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| Week 1   | $10012319.54              | $3149266.55             |
| Week 2   | $9925442.67               | $1536802.29             |
| Week 3   | $1262040.60               | $1266121.15             |
| Week 4   | $8542160.09               | $3080380.98             |

**Monthly Shareholder Flow Activity:**

- **Gross Subscriptions for month:** $31810556.08

- **Gross Redemptions for month:** $10439694.85

## 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. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - LEI: M67H5PRC0NQKM73ZAS82, CIK: 0001489000, C.5 - Other ID: 01152$$MB
- **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:** 16.2800%
- **C.17 - Yield as of Reporting Date:** 4.1500%
- **C.11 - Maturity Date (WAM):** 2023-02-01
- **C.12 - Maturity Date (WAL):** 2023-02-01
- **C.13 - Final Legal Maturity Date:** 2023-02-01
- **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 4.167562%
- **C.6 - Investment Category:** U.S. Government Agency Debt
- **Identifiers:** C.3 - CUSIP: 313384BH1, C.4 - ISIN: US313384BH11, C.3 - LEI: -
- **C.18 - Value (incl. sponsor support):** $40300000.00
- **C.18.a - Value (excl. sponsor support):** $40300000.00
- **Principal Amount:** —
- **Amortized Cost:** —
- **Fair Value:** —
- **C.19 - Percentage of Net Assets:** 6.5600%
- **C.17 - Yield as of Reporting Date:** 4.1700%
- **C.11 - Maturity Date (WAM):** 2023-02-01
- **C.12 - Maturity Date (WAL):** 2023-02-01
- **C.13 - Final Legal Maturity Date:** 2023-02-01
- **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 4.353000%
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912796Y60, C.4 - ISIN: US912796Y601, C.3 - LEI: -
- **C.18 - Value (incl. sponsor support):** $124694250.00
- **C.18.a - Value (excl. sponsor support):** $124694250.00
- **Principal Amount:** —
- **Amortized Cost:** —
- **Fair Value:** —
- **C.19 - Percentage of Net Assets:** 20.3000%
- **C.17 - Yield as of Reporting Date:** 4.3500%
- **C.11 - Maturity Date (WAM):** 2023-02-21
- **C.12 - Maturity Date (WAL):** 2023-02-21
- **C.13 - Final Legal Maturity Date:** 2023-02-21
- **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 4.427000%
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912796Y78, C.4 - ISIN: US912796Y783, C.3 - LEI: -
- **C.18 - Value (incl. sponsor support):** $124582750.00
- **C.18.a - Value (excl. sponsor support):** $124582750.00
- **Principal Amount:** —
- **Amortized Cost:** —
- **Fair Value:** —
- **C.19 - Percentage of Net Assets:** 20.2800%
- **C.17 - Yield as of Reporting Date:** 4.4300%
- **C.11 - Maturity Date (WAM):** 2023-02-28
- **C.12 - Maturity Date (WAL):** 2023-02-28
- **C.13 - Final Legal Maturity Date:** 2023-02-28
- **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 4.195647%
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912796ZT9, C.4 - ISIN: US912796ZT93, C.3 - LEI: -
- **C.18 - Value (incl. sponsor support):** $99930600.00
- **C.18.a - Value (excl. sponsor support):** $99930600.00
- **Principal Amount:** —
- **Amortized Cost:** —
- **Fair Value:** —
- **C.19 - Percentage of Net Assets:** 16.2700%
- **C.17 - Yield as of Reporting Date:** 4.2000%
- **C.11 - Maturity Date (WAM):** 2023-02-07
- **C.12 - Maturity Date (WAL):** 2023-02-07
- **C.13 - Final Legal Maturity Date:** 2023-02-07
- **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 4.382890%
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912796ZU6, C.4 - ISIN: US912796ZU66, C.3 - LEI: -
- **C.18 - Value (incl. sponsor support):** $124807000.00
- **C.18.a - Value (excl. sponsor support):** $124807000.00
- **Principal Amount:** —
- **Amortized Cost:** —
- **Fair Value:** —
- **C.19 - Percentage of Net Assets:** 20.3200%
- **C.17 - Yield as of Reporting Date:** 4.3800%
- **C.11 - Maturity Date (WAM):** 2023-02-14
- **C.12 - Maturity Date (WAL):** 2023-02-14
- **C.13 - Final Legal Maturity Date:** 2023-02-14
- **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:** 2023-02-07

**By:** /s/Kelly New

**Name of Signing Officer:** Kelly New

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