Praxis Small Cap Index Fund Class A (MMSCX)
| Fund Assets | 179.66M |
| Expense Ratio | 1.03% |
| Min. Investment | $2,500 |
| Turnover | 82.31% |
| Dividend (ttm) | 0.07 |
| Dividend Yield | 0.66% |
| Dividend Growth | -18.70% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 10.70 |
| YTD Return | 0.37% |
| 1-Year Return | 10.13% |
| 5-Year Return | 74.04% |
| 52-Week Low | 8.67 |
| 52-Week High | 11.80 |
| Beta (5Y) | 1.06 |
| Holdings | 658 |
| Inception Date | May 1, 2007 |
About MMSCX
Praxis Small Cap Index Fund Class A is a mutual fund designed to maximize long-term capital appreciation by investing primarily in U.S. equity securities. The fund seeks to mirror the performance of the small capitalization segment of the U.S. equity market, specifically by tracking the CRSP US Small Cap Index, which represents the bottom 85%-98% of U.S. public companies by market capitalization. By utilizing an indexing investment strategy, the fund holds a broad and diversified portfolio—over 660 holdings—comprised of both growth and value-oriented small-cap stocks. Notably, Praxis Small Cap Index Fund incorporates a values-based and ESG-informed framework, employing restrictive screens and engaging actively with companies to promote positive corporate behavior. This approach allows the fund to serve investors seeking small-cap market exposure with an additional emphasis on stewardship and responsible investing. With an inception date of May 1, 2007, the fund maintains its relevance for participants looking for access to dynamic, smaller U.S. companies while also considering social and environmental criteria.
Performance
MMSCX had a total return of 10.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.41%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VTMSX | Vanguard | Vanguard Tax-Managed Small Cap Fund Admiral Shares | 0.09% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MMSIX | Class I | 0.44% |
Top 10 Holdings
5.41% of assets| Name | Symbol | Weight |
|---|---|---|
| Franklin Resources, Inc. | BEN | 0.77% |
| iRhythm Technologies, Inc. | IRTC | 0.60% |
| SPX Technologies, Inc. | SPXC | 0.55% |
| Formula One Group | FWONK | 0.53% |
| NRG Energy, Inc. | NRG | 0.53% |
| Essential Utilities, Inc. | WTRG | 0.51% |
| Murphy USA Inc. | MUSA | 0.50% |
| CSW Industrials, Inc. | CSW | 0.49% |
| Smurfit Westrock Plc | SW | 0.48% |
| Deckers Outdoor Corporation | DECK | 0.46% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.0748 | Dec 31, 2024 |
| Dec 28, 2023 | $0.092 | Dec 29, 2023 |
| Dec 16, 2022 | $0.091 | Dec 19, 2022 |
| Dec 30, 2021 | $0.0299 | Dec 31, 2021 |
| Dec 30, 2020 | $0.0363 | Dec 31, 2020 |
| Dec 16, 2019 | $0.1769 | Dec 17, 2019 |