Morningstar

Praxis Impact Bond Fund Class A MIIAX

Morningstar Medalist Rating
Medalist Rating as of | See Everence Investment Hub
  • NAV / 1-Day Return 9.05  /  +0.22 %
  • Total Assets 1.2B
  • Adj. Expense Ratio
    0.780%
  • Expense Ratio 0.790%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 3.57%
  • Effective Duration 5.95 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:55 AM GMT+0

Morningstar’s Analysis MIIAX

Will MIIAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MIIAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MIIAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MIIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Praxis Impact Bond A holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings MIIAX

More MIIAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First American Government Obligs X

3.05 38M
Cash and Equivalents

Federal Home Loan Banks 5.5%

2.43 30M
Government

Federal National Mortgage Association 5.625%

1.91 24M
Government

Federal National Mortgage Association 0.875%

1.69 21M
Government

Federal Home Loan Mortgage Corp. 2.65%

1.54 19M
Securitized

Federal Home Loan Banks 2.347%

1.29 16M
Securitized

Federal Home Loan Banks 2.361%

1.20 15M
Securitized

Federal Home Loan Mortgage Corp. 1.487%

1.15 14M
Securitized

Federal Home Loan Mortgage Corp. 1.28574%

1.13 14M
Securitized

Federal National Mortgage Association 6.625%

1.12 14M
Government

Sponsor Center