Praxis Value Index Fund Class A (MVIAX)
| Fund Assets | 433.54M |
| Expense Ratio | 0.68% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 1.68 |
| Dividend Yield | 9.14% |
| Dividend Growth | 108.92% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 17.47 |
| YTD Return | -0.63% |
| 1-Year Return | 5.43% |
| 5-Year Return | 87.04% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 293 |
| Inception Date | May 2, 2001 |
About MVIAX
MVIAX was founded on 2001-05-02. The Fund's investment strategy focuses on Growth & Income with 0.91% total expense ratio. The minimum amount to invest in Praxis Mutual Funds: Praxis Value Index Fund; Class A Shares is $2,500 on a standard taxable account. Praxis Mutual Funds: Praxis Value Index Fund; Class A Shares seeks capital appreciation. MVIAX invests in US equity securities and uses optimized indexing techniques to reflect the performance of S&P 500 Value Index while incorporating values-based and ESG informed restrictive screens through its stewardship investing approach and active corporate engagement strategy.
Performance
MVIAX had a total return of 5.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.86%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MVIIX | Class I | 0.38% |
Top 10 Holdings
19.11% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Chase & Co. | JPM | 3.49% |
| Johnson & Johnson | JNJ | 2.15% |
| The Procter & Gamble Company | PG | 2.15% |
| Walmart Inc. | WMT | 1.99% |
| AbbVie Inc. | ABBV | 1.90% |
| The Home Depot, Inc. | HD | 1.68% |
| ConocoPhillips | COP | 1.51% |
| The Coca-Cola Company | KO | 1.50% |
| Bank of America Corporation | BAC | 1.48% |
| Merck & Co., Inc. | MRK | 1.25% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.3205 | Dec 31, 2024 |
| Dec 16, 2024 | $1.3619 | Dec 17, 2024 |
| Dec 28, 2023 | $0.1636 | Dec 29, 2023 |
| Dec 15, 2023 | $0.6417 | Dec 18, 2023 |
| Dec 29, 2022 | $0.0734 | Dec 30, 2022 |
| Dec 16, 2022 | $0.7024 | Dec 19, 2022 |