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Morningstar

Praxis Growth Index I MMDEX

Morningstar Medalist Rating
Medalist Rating as of | See Praxis Mutual Funds Investment Hub
  • NAV / 1-Day Return 44.49  /  +0.88 %
  • Total Assets 607.9 Mil
  • Adj. Expense Ratio
    0.350%
  • Expense Ratio 0.350%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 0.71%
  • Turnover 36%

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis MMDEX

Will MMDEX outperform in 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 MMDEX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MMDEX 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 MMDEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Praxis Growth Index I’s management team is rated Average, but a solid investment process still helps this strategy retain its Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MMDEX

More MMDEX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 60.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Apple Inc

13.26 84.1 Mil
Technology

NVIDIA Corp

12.13 76.9 Mil
Technology

Microsoft Corp

9.04 57.3 Mil
Technology

Amazon.com Inc

5.33 33.8 Mil
Consumer Cyclical

Meta Platforms Inc Class A

4.64 29.4 Mil
Communication Services

Alphabet Inc Class A

4.50 28.5 Mil
Communication Services

Alphabet Inc Class C

3.59 22.8 Mil
Communication Services

Eli Lilly and Co

3.09 19.6 Mil
Healthcare

Broadcom Inc

2.92 18.5 Mil
Technology

Tesla Inc

2.01 12.7 Mil
Consumer Cyclical