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Praxis Impact Bond A MIIAX

Quantitative rating as of | See Praxis Mutual Funds Investment Hub
  • NAV / 1-Day Return 9.47  /  0.84 %
  • Total Assets 704.2 Mil
  • Adj. Expense Ratio
    0.880%
  • Expense Ratio 0.880%
  • Distribution Fee Level Above 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 1.98%
  • Effective Duration 6.00 years

Morningstar’s Analysis MIIAX

Will MIIAX outperform in future?

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

Summary

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A strong Process Pillar rating isn't sufficient for Praxis Impact Bond A to overcome lower marks in Parent and other areas. This strategy retains its Morningstar Quantitative Rating of Neutral. 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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