About MVIIX
Praxis Value Index Fund Class I is a mutual fund specializing in U.S. large-cap value equities. The fund seeks to achieve capital appreciation by investing primarily in U.S. equity securities and reflecting the performance of the S&P 500 Value Index. Employing optimized indexing techniques, it incorporates environmental, social, and governance (ESG) screens, aligning its portfolio with values-based and faith-driven investment principles. The fund is widely diversified, typically holding over 320 securities, with the top ten holdings accounting for roughly 24% of assets. It maintains a competitive cost structure, with a notably low expense ratio compared to category peers. The fund's portfolio is almost entirely allocated to domestic equities, with minimal exposure to international stocks or fixed income. It is designed for institutional investors, with a high minimum investment threshold and a focus on efficient, impact-oriented stewardship. Operating within the large value category, Praxis Value Index Fund Class I plays a significant role for investors seeking low-cost, diversified access to large-cap U.S. value stocks with an integrated ESG approach.
Fund Family Praxis Investment Management, Inc.
Category Large Value
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol MVIIX
Share Class Class I
Index S&P 500 Value Total Return Index
MVIIX had a total return of 15.26% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.78%.
