MIIAX – Praxis Impact Bond A Investment Strategy | Morningstar

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Strategy

The investment seeks current income; capital appreciation is a secondary objective. The fund invests primarily in fixed income securities. The fund invests, under normal circumstances, at least 80 percent of its assets in fixed income securities of all types. It seeks to avoid companies that are deemed inconsistent with the stewardship investing core values by applying proprietary screens that reflect the Praxis Stewardship Investing core values. The fund integrates consideration of the impact of environmental, social and governance practices into each investment decision.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MIIIX	Praxis Impact Bond Fund Class I	Institutional	Open			May 1, 2006	$1.18B	0.450%	Average	$100,000	$162.60M
MIIAX	Praxis Impact Bond Fund Class A	Front Load	Open			May 12, 1999	$31.52M	0.780%	Average	$2,500	−$557,861.21

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