Praxis Value Index Fund Class A (MVIAX)
| Fund Assets | 613.36M |
| Expense Ratio | 0.69% |
| Min. Investment | $2,500 |
| Turnover | 25.51% |
| Dividend (ttm) | 0.21 |
| Dividend Yield | 0.86% |
| Dividend Growth | -87.62% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 22.84 |
| YTD Return | 15.49% |
| 1-Year Return | 23.11% |
| 5-Year Return | 71.06% |
| 52-Week Low | 18.35 |
| 52-Week High | 22.84 |
| Beta (5Y) | 1.02 |
| Holdings | 265 |
| Inception Date | May 2, 2001 |
About MVIAX
Praxis Value Index Fund Class A is an open-end mutual fund designed to track the performance of U.S. large-capitalization value equities, reflecting the returns of indices such as the S&P 500 Value Index or the CRSP US Large Cap Value Index. The fund primarily invests at least 80% of its assets in equity securities of companies included in its benchmark index, focusing on organizations considered undervalued relative to their fundamentals. A distinguishing feature of the Praxis Value Index Fund Class A is its commitment to socially responsible investing, aligning its selections with Stewardship Investing core values, which emphasize business practices promoting environmental responsibility and ethical conduct. The portfolio typically holds a diversified mix of nearly 300 securities spanning major economic sectors, with notable weightings in financial services, healthcare, consumer defensive, and energy. This fund offers investors access to broad-based exposure to U.S. large value stocks while incorporating principles of social consciousness, making it a key offering for those seeking to blend traditional index investing with values-based criteria in the large-cap value space.
Performance
MVIAX had a total return of 23.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.73%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MVIIX | Class I | 0.37% |
Top 10 Holdings
22.85% of assets| Name | Symbol | Weight |
|---|---|---|
| Micron Technology, Inc. | MU | 4.28% |
| JPMorgan Chase & Co. | JPM | 3.67% |
| Walmart Inc. | WMT | 2.26% |
| Johnson & Johnson | JNJ | 2.16% |
| Cisco Systems, Inc. | CSCO | 2.02% |
| The Procter & Gamble Company | PG | 1.87% |
| Intel Corporation | INTC | 1.82% |
| AbbVie Inc. | ABBV | 1.70% |
| The Goldman Sachs Group, Inc. | GS | 1.53% |
| Bank of America Corporation | BAC | 1.53% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.2083 | Dec 31, 2025 |
| 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 |