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Trending ETFs

Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$18.59

$517 M

0.89%

$0.16

0.75%

Vitals

YTD Return

6.8%

1 yr return

26.6%

3 Yr Avg Return

9.1%

5 Yr Avg Return

12.2%

Net Assets

$517 M

Holdings in Top 10

19.0%

52 WEEK LOW AND HIGH

$18.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.75%

SALES FEES

Front Load 5.25%

Deferred Load N/A

TRADING FEES

Turnover 28.06%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$2,500


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$18.59

$517 M

0.89%

$0.16

0.75%

MVIAX - Profile

Distributions

  • YTD Total Return 6.8%
  • 3 Yr Annualized Total Return 9.1%
  • 5 Yr Annualized Total Return 12.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.34%
DIVIDENDS
  • Dividend Yield 0.9%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Praxis Value Index Fund
  • Fund Family Name
    Praxis Mutual Funds
  • Inception Date
    Sep 28, 2012
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Dale Snyder

Fund Description

The Fund invests primarily in U.S. equity securities and seeks to reflect the performance of the U.S. large capitalization value equities market, as measured by the S&P 5001 Value Index, its benchmark index. Under normal circumstances, the Fund invests at least 80 percent of the value of its assets in securities of, and investments related to, issuers in the Fund’s benchmark index. Typically, the Fund invests substantially more than 80 percent of the value of its assets in securities of issuers in its benchmark index. The benchmark index consists of those stocks in the S&P 500 Index determined to exhibit the strongest “value” characteristics based on book value to price, earnings to price and sales to price ratios. The Fund seeks to invest in companies aligned with the Stewardship Investing core values, as discussed below. In addition, the Adviser uses optimization techniques, including ESG factors, to select securities according to their contribution to the Fund’s overall objective, while seeking to replicate the characteristics of the index, including risk and return characteristics.

Stewardship Investing

The Fund also analyzes potential investments for their ability to reflect certain core social values including:

● Respecting the dignity and value of all people

● Building a world at peace and free from violence

● Demonstrating a concern for justice in a global society

● Exhibiting responsible management practices

● Supporting and involving communities

● Practicing environmental stewardship

Read More

MVIAX - Performance

Return Ranking - Trailing

Period MVIAX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.8% -4.5% 22.2% 82.22%
1 Yr 26.6% -5.0% 42.6% 34.17%
3 Yr 9.1%* -2.6% 31.5% 42.69%
5 Yr 12.2%* -0.1% 44.3% 26.02%
10 Yr 9.7%* 1.3% 24.9% 26.16%

* Annualized

Return Ranking - Calendar

Period MVIAX Return Category Return Low Category Return High Rank in Category (%)
2023 14.7% -24.9% 46.1% 10.24%
2022 -12.4% -65.1% 4.6% 52.21%
2021 20.1% -44.2% 57.5% 32.24%
2020 -4.7% -23.2% 285.0% 83.46%
2019 28.1% -21.4% 48.5% 3.16%

Total Return Ranking - Trailing

Period MVIAX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.8% -4.5% 22.2% 82.22%
1 Yr 26.6% -5.0% 42.6% 34.17%
3 Yr 9.1%* -2.6% 31.5% 42.69%
5 Yr 12.2%* -0.1% 44.3% 26.02%
10 Yr 9.7%* 1.3% 24.9% 26.16%

* Annualized

Total Return Ranking - Calendar

Period MVIAX Return Category Return Low Category Return High Rank in Category (%)
2023 20.0% -15.9% 46.7% 6.34%
2022 -7.9% -42.0% 8.5% 71.02%
2021 22.3% 3.6% 129.7% 84.65%
2020 3.6% -22.6% 304.8% 44.24%
2019 34.8% -12.7% 52.1% 1.15%

NAV & Total Return History


MVIAX - Holdings

Concentration Analysis

MVIAX Category Low Category High MVIAX % Rank
Net Assets 517 M 93 163 B 61.16%
Number of Holdings 306 2 1689 6.00%
Net Assets in Top 10 95.2 M 420 K 33.9 B 68.52%
Weighting of Top 10 19.05% 5.6% 99.9% 90.81%

Top 10 Holdings

  1. Mount Vernon Liquid Assets Portfolio, LLC Lending Portfolio I 4.43%
  2. JPMorgan Chase Company 2.85%
  3. Johnson Johnson 2.22%
  4. Procter Gamble Company (The) 1.84%
  5. Merck Company, Inc. 1.41%
  6. Bank of America Corporation 1.38%
  7. Linde plc 1.28%
  8. Walmart, Inc. 1.25%
  9. LyondellBasell Industries N.V. Class A 1.21%
  10. Cisco Systems, Inc. 1.18%

Asset Allocation

Weighting Return Low Return High MVIAX % Rank
Stocks
98.47% 1.86% 108.42% 50.00%
Cash
4.86% -0.79% 38.18% 9.35%
Bonds
0.88% -0.71% 73.23% 4.63%
Preferred Stocks
0.00% 0.00% 13.88% 89.54%
Other
0.00% -3.53% 39.72% 87.14%
Convertible Bonds
0.00% 0.00% 3.66% 88.91%

Stock Sector Breakdown

Weighting Return Low Return High MVIAX % Rank
Healthcare
17.31% 0.00% 30.08% 53.63%
Financial Services
16.02% 0.00% 58.05% 78.67%
Consumer Defense
12.23% 0.00% 34.10% 16.93%
Industrials
11.58% 0.00% 42.76% 50.43%
Technology
9.64% 0.00% 54.02% 60.28%
Communication Services
6.46% 0.00% 26.58% 39.21%
Consumer Cyclical
6.14% 0.00% 22.74% 44.47%
Utilities
5.79% 0.00% 27.04% 31.61%
Energy
5.35% 0.00% 54.00% 78.58%
Real Estate
4.76% 0.00% 90.54% 23.23%
Basic Materials
4.72% 0.00% 21.69% 21.16%

Stock Geographic Breakdown

Weighting Return Low Return High MVIAX % Rank
US
98.47% 1.86% 108.42% 39.97%
Non US
0.00% 0.00% 27.89% 84.31%

Bond Sector Breakdown

Weighting Return Low Return High MVIAX % Rank
Corporate
67.72% 0.00% 100.00% 4.71%
Cash & Equivalents
4.86% 0.00% 100.00% 11.76%
Derivative
0.00% -3.53% 6.83% 82.49%
Securitized
0.00% 0.00% 40.38% 87.60%
Municipal
0.00% 0.00% 0.02% 87.60%
Government
0.00% 0.00% 100.00% 88.24%

Bond Geographic Breakdown

Weighting Return Low Return High MVIAX % Rank
US
0.88% -0.71% 65.41% 4.63%
Non US
0.00% 0.00% 7.82% 88.51%

MVIAX - Expenses

Operational Fees

MVIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.75% 0.01% 17.54% 67.58%
Management Fee 0.25% 0.00% 1.50% 6.95%
12b-1 Fee 0.25% 0.00% 1.00% 51.89%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

MVIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.25% 1.00% 5.75% 75.46%
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

MVIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 38.67%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MVIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 28.06% 0.00% 488.00% 39.64%

MVIAX - Distributions

Dividend Yield Analysis

MVIAX Category Low Category High MVIAX % Rank
Dividend Yield 0.89% 0.00% 36.55% 88.45%

Dividend Distribution Analysis

MVIAX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Quarterly Semi-Annually

Net Income Ratio Analysis

MVIAX Category Low Category High MVIAX % Rank
Net Income Ratio 1.34% -1.51% 4.28% 49.78%

Capital Gain Distribution Analysis

MVIAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

MVIAX - Fund Manager Analysis

Managers

Dale Snyder


Start Date

Tenure

Tenure Rank

Jun 17, 2013

8.96

9.0%

Dale Snyder, CFA® . Dale Snyder has been a portfolio manager since 2013. He joined Everence in 1999 as an equity analyst. Dale holds a BA in Business (minor in Economics) from Goshen (Ind.) College and a MBA from Indiana University. Dale is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 86.59 8.01 16.42