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Praxis Impact Bond A MIIAX

Medalist Rating as of | See Praxis Mutual Funds Investment Hub
  • NAV / 1-Day Return 9.29  /  −0.21 %
  • Total Assets 882.6 Mil
  • Adj. Expense Ratio
    0.940%
  • Expense Ratio 0.940%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 2.72%
  • Effective Duration 6.20 years

USD | NAV as of Mar 04, 2024 | 1-Day Return as of Mar 04, 2024, 11:14 PM GMT+0

Morningstar’s Analysis MIIAX

Will MIIAX outperform in future?

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

Praxis Impact Bond A's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

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Portfolio Holdings MIIAX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 15.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First American Government Obligs X

2.72 23.6 Mil
Cash and Equivalents

Federal Home Loan Banks 5.5%

2.37 20.6 Mil
Government

Federal National Mortgage Association 5.625%

1.86 16.2 Mil
Government

Federal National Mortgage Association 0.875%

1.86 16.2 Mil
Government

Federal National Mortgage Association 6.625%

1.69 14.6 Mil
Government

Federal National Mortgage Association 2.5%

1.48 12.8 Mil
Securitized

Federal Home Loan Banks 3.25%

1.46 12.7 Mil
Government

Federal Home Loan Banks 4.25%

1.28 11.1 Mil
Government

Federal Home Loan Mortgage Corp. 4%

1.22 10.6 Mil
Securitized

Federal National Mortgage Association 2%

1.19 10.3 Mil
Securitized