Praxis Growth Index Fund Class A (MGNDX)
| Fund Assets | 528.19M |
| Expense Ratio | 0.63% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.69 |
| Dividend Yield | 1.35% |
| Dividend Growth | 4.82% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 48.03 |
| YTD Return | -0.27% |
| 1-Year Return | 16.29% |
| 5-Year Return | 105.16% |
| 52-Week Low | 38.69 |
| 52-Week High | 50.74 |
| Beta (5Y) | n/a |
| Holdings | 200 |
| Inception Date | May 1, 2007 |
About MGNDX
MGNDX was founded on 2007-05-01. The Fund's investment strategy focuses on Growth with 0.75% total expense ratio. The minimum amount to invest in Praxis Mutual Funds: Praxis Growth Index Fund; Class A Shares is $2,500 on a standard taxable account. Praxis Mutual Funds: Praxis Growth Index Fund; Class A Shares seeks capital appreciation. MGNDX invests in US equity securities and uses optimized indexing techniques to reflect the performance of S&P 500 Growth Index while incorporating values-based and ESG informed restrictive screens through its stewardship investing approach and active corporate engagement strategy.
Performance
MGNDX had a total return of 16.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.59%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MMDEX | Class I | 0.35% |
Top 10 Holdings
53.76% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 12.00% |
| NVIDIA Corporation | NVDA | 9.20% |
| Microsoft Corporation | MSFT | 8.17% |
| Amazon.com, Inc. | AMZN | 5.20% |
| Meta Platforms, Inc. | META | 4.19% |
| Broadcom Inc. | AVGO | 3.48% |
| Alphabet Inc. | GOOGL | 3.19% |
| Eli Lilly and Company | LLY | 3.10% |
| Tesla, Inc. | TSLA | 2.70% |
| Alphabet Inc. | GOOG | 2.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.1133 | Dec 31, 2024 |
| Dec 16, 2024 | $0.5762 | Dec 17, 2024 |
| Dec 28, 2023 | $0.2318 | Dec 29, 2023 |
| Dec 15, 2023 | $0.426 | Dec 18, 2023 |
| Dec 16, 2022 | $1.6748 | Dec 19, 2022 |
| Dec 30, 2021 | $0.030 | Dec 31, 2021 |