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Trending ETFs

Praxis Growth Index Fund

mutual fund
MMDEX
Payout Change
Pending
Price as of:
$50.81 -0.28 -0.55%
primary theme
U.S. Large-Cap Growth Equity
share class
I (MMDEX) A (MGNDX)
MMDEX (Mutual Fund)

Praxis Growth Index Fund

Payout Change
Pending
Price as of:
$50.81 -0.28 -0.55%
primary theme
U.S. Large-Cap Growth Equity
share class
I (MMDEX) A (MGNDX)
MMDEX (Mutual Fund)

Praxis Growth Index Fund

Payout Change
Pending
Price as of:
$50.81 -0.28 -0.55%
primary theme
U.S. Large-Cap Growth Equity
share class
I (MMDEX) A (MGNDX)

Name

As of 12/09/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Praxis Growth Index Fund

MMDEX | Fund

$50.81

$645 M

0.65%

$0.33

0.35%

Vitals

YTD Return

35.8%

1 yr return

40.0%

3 Yr Avg Return

8.2%

5 Yr Avg Return

18.1%

Net Assets

$645 M

Holdings in Top 10

59.6%

52 WEEK LOW AND HIGH

$51.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.35%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 18.17%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$100,000

IRA

$100,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/09/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Praxis Growth Index Fund

MMDEX | Fund

$50.81

$645 M

0.65%

$0.33

0.35%

MMDEX - Profile

Distributions

  • YTD Total Return 35.8%
  • 3 Yr Annualized Total Return 8.2%
  • 5 Yr Annualized Total Return 18.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.38%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Praxis Growth Index Fund
  • Fund Family Name
    Praxis Mutual Funds
  • Inception Date
    Sep 28, 2012
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Dale Snyder

Fund Description

The Fund invests primarily in U.S. equity securities and seeks to reflect the performance of the U.S. large capitalization growth equities market, as measured by the S&P 5001 Growth Index, its benchmark index. Under normal circumstances, the Fund invests at least 80 percent of the value of its assets in securities of, and investments related to, issuers in the Fund’s benchmark index. Typically, the Fund invests substantially more than 80 percent of the value of its assets in securities of issuers in its benchmark index. The benchmark index consists of those stocks in the S&P 500 Index determined to exhibit the strongest “growth” characteristics based on sales growth, earnings change to price and momentum ratios. The Fund seeks to invest in companies aligned with the Stewardship Investing core values, as discussed below. In addition, the Adviser uses optimization techniques, including ESG factors, to select securities according to their contribution to the Fund’s overall objective, while seeking to replicate the characteristics of the index, including risk and return characteristics. The Adviser determines whether to sell an investment based upon its assessment of the relative costs and benefits of continuing to hold an investment versus replacing it with other available investments, in light of the Fund’s investment objective, strategy and the characteristics of the overall portfolio.

Stewardship Investing

The Fund also analyzes potential investments for their ability to reflect certain core social values including:

● Respecting the dignity and value of all people

● Building a world at peace and free from violence

● Demonstrating a concern for justice in a global society

● Exhibiting responsible management practices

● Supporting and involving communities

● Practicing environmental stewardship

Read More

MMDEX - Performance

Return Ranking - Trailing

Period MMDEX Return Category Return Low Category Return High Rank in Category (%)
YTD 35.8% -9.7% 64.2% 33.27%
1 Yr 40.0% -5.5% 93.8% 38.73%
3 Yr 8.2%* -21.8% 26.7% 52.00%
5 Yr 18.1%* -12.9% 30.7% 30.44%
10 Yr 15.5%* -4.4% 20.8% 23.41%

* Annualized

Return Ranking - Calendar

Period MMDEX Return Category Return Low Category Return High Rank in Category (%)
2023 27.2% -74.1% 72.4% 67.15%
2022 -32.1% -85.9% 4.7% 38.55%
2021 26.3% -52.4% 60.5% 4.86%
2020 24.8% -34.3% 145.0% 56.45%
2019 23.6% -6.9% 49.4% 59.33%

Total Return Ranking - Trailing

Period MMDEX Return Category Return Low Category Return High Rank in Category (%)
YTD 35.8% -9.7% 64.2% 33.27%
1 Yr 40.0% -5.5% 93.8% 38.73%
3 Yr 8.2%* -21.8% 26.7% 52.00%
5 Yr 18.1%* -12.9% 30.7% 30.44%
10 Yr 15.5%* -4.4% 20.8% 23.41%

* Annualized

Total Return Ranking - Calendar

Period MMDEX Return Category Return Low Category Return High Rank in Category (%)
2023 29.8% -4.6% 72.4% 75.09%
2022 -28.2% -61.7% 5.6% 33.36%
2021 31.5% -39.8% 118.1% 3.37%
2020 33.2% 2.8% 149.2% 57.61%
2019 33.7% -5.2% 49.4% 43.83%

NAV & Total Return History

MMDEX - Holdings

Concentration Analysis

MMDEX Category Low Category High MMDEX % Rank
Net Assets 645 M 296 K 287 B 66.18%
Number of Holdings 154 2 3061 14.43%
Net Assets in Top 10 389 M 126 K 150 B 63.97%
Weighting of Top 10 59.63% 0.7% 205.0% 24.93%

Top 10 Holdings

  1. Apple, Inc. 14.26%
  2. NVIDIA Corporation 11.59%
  3. Microsoft Corporation 8.46%
  4. Amazon.com, Inc. 5.00%
  5. Meta Platforms, Inc. Class A Class A 4.79%
  6. Alphabet, Inc. Class A 3.98%
  7. Alphabet, Inc. Class C 3.18%
  8. Broadcom, Inc. 3.05%
  9. Eli Lilly Company 2.94%
  10. Tesla, Inc. 2.38%

Asset Allocation

Weighting Return Low Return High MMDEX % Rank
Stocks 		98.76% 0.00% 123.52% 51.81%
Cash 		1.69% 0.00% 173.52% 31.31%
Bonds 		0.85% 0.00% 102.71% 1.54%
Preferred Stocks 		0.00% 0.00% 8.45% 83.76%
Other 		0.00% -36.56% 50.35% 84.39%
Convertible Bonds 		0.00% 0.00% 1.94% 82.18%

Stock Sector Breakdown

Weighting Return Low Return High MMDEX % Rank
Technology 		43.11% 0.00% 65.70% 13.73%
Consumer Cyclical 		14.79% 0.00% 62.57% 56.82%
Healthcare 		11.71% 0.00% 39.76% 59.18%
Communication Services 		9.56% 0.00% 66.40% 62.27%
Financial Services 		8.48% 0.00% 43.06% 54.45%
Industrials 		3.72% 0.00% 30.65% 75.00%
Real Estate 		3.41% 0.00% 16.05% 13.18%
Consumer Defense 		2.85% 0.00% 25.50% 61.55%
Basic Materials 		1.20% 0.00% 18.91% 49.36%
Energy 		0.81% 0.00% 41.09% 46.00%
Utilities 		0.36% 0.00% 16.07% 24.18%

Stock Geographic Breakdown

Weighting Return Low Return High MMDEX % Rank
US 		98.76% 0.00% 123.52% 39.93%
Non US 		0.00% 0.00% 75.46% 88.11%

Bond Sector Breakdown

Weighting Return Low Return High MMDEX % Rank
Corporate 		67.60% 0.00% 100.00% 1.81%
Cash & Equivalents 		1.69% 0.00% 173.52% 27.77%
Derivative 		0.00% -37.20% 15.33% 79.85%
Securitized 		0.00% 0.00% 43.70% 81.24%
Municipal 		0.00% 0.00% 0.57% 81.24%
Government 		0.00% 0.00% 12.45% 81.52%

Bond Geographic Breakdown

Weighting Return Low Return High MMDEX % Rank
US 		0.85% 0.00% 102.71% 1.54%
Non US 		0.00% 0.00% 0.00% 81.40%

MMDEX - Expenses

Operational Fees

MMDEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.35% 0.01% 28.71% 94.26%
Management Fee 0.23% 0.00% 1.50% 5.39%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

MMDEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 8.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MMDEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 31.75%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MMDEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 18.17% 0.00% 316.74% 23.43%

MMDEX - Distributions

Dividend Yield Analysis

MMDEX Category Low Category High MMDEX % Rank
Dividend Yield 0.65% 0.00% 27.58% 26.16%

Dividend Distribution Analysis

MMDEX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

MMDEX Category Low Category High MMDEX % Rank
Net Income Ratio 0.38% -6.13% 3.48% 9.55%

Capital Gain Distribution Analysis

MMDEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

MMDEX - Fund Manager Analysis

Managers

Dale Snyder

Start Date

Tenure

Tenure Rank

Jun 17, 2013

8.96

9.0%

Dale Snyder, CFA® . Dale Snyder has been a portfolio manager since 2013. He joined Everence in 1999 as an equity analyst. Dale holds a BA in Business (minor in Economics) from Goshen (Ind.) College and a MBA from Indiana University. Dale is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.25 3.08

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