Praxis Small Cap Index Fund Class I (MMSIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
12.14
+0.08 (0.66%)
Jul 3, 2025, 4:00 PM EDT
9.67%
Fund Assets 179.66M
Expense Ratio 0.44%
Min. Investment $100,000
Turnover 82.31%
Dividend (ttm) 0.14
Dividend Yield 1.13%
Dividend Growth -5.91%
Payout Frequency Annual
Ex-Dividend Date Dec 30, 2024
Previous Close 12.06
YTD Return 1.51%
1-Year Return 10.92%
5-Year Return 87.14%
52-Week Low 9.71
52-Week High 13.25
Beta (5Y) n/a
Holdings 658
Inception Date May 1, 2007

About MMSIX

Praxis Small Cap Index Fund Class I is a mutual fund that invests primarily in U.S. small capitalization equity securities. The fund seeks to mirror the performance of the U.S. small-cap equities market, specifically aiming to reflect the S&P 600 Small Cap Index. It employs an indexing strategy combined with a faith-based impact investing approach that incorporates seven impact strategies to promote real-world change. The fund focuses on long-term capital appreciation through broad exposure to smaller companies across diverse sectors such as industrials, energy, real estate, and consumer discretionary. Its portfolio typically includes hundreds of holdings, offering diversified access to smaller, potentially high-growth companies that may be more sensitive to economic fluctuations compared to larger firms. Since its inception in May 2007, the fund has balanced market risk with an ESG-informed investing philosophy and stewardship engagement. The fund charges an expense ratio of approximately 0.44% and requires a minimum investment of $100,000, catering to investors interested in small-cap exposure with an emphasis on values-driven investment criteria.

Fund Family Praxis Investment Management, Inc.
Category Small Blend
Stock Exchange NASDAQ
Ticker Symbol MMSIX
Share Class Class I
Index S&P 600 Small Cap TR

Performance

MMSIX had a total return of 10.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.41%.

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
MMSCX Class A 1.03%

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%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Dec 30, 2024 $0.1368 Dec 31, 2024
Dec 28, 2023 $0.1454 Dec 29, 2023
Dec 29, 2022 $0.0131 Dec 30, 2022
Dec 16, 2022 $0.091 Dec 19, 2022
Dec 30, 2021 $0.0998 Dec 31, 2021
Dec 30, 2020 $0.0836 Dec 31, 2020
Full Dividend History