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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

$11.39

$166 M

1.31%

$0.15

0.43%

Vitals

YTD Return

2.2%

1 yr return

19.1%

3 Yr Avg Return

0.2%

5 Yr Avg Return

8.2%

Net Assets

$166 M

Holdings in Top 10

23.7%

52 WEEK LOW AND HIGH

$11.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.43%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 40.95%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$100,000

IRA

$100,000


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

$11.39

$166 M

1.31%

$0.15

0.43%

MMSIX - Profile

Distributions

  • YTD Total Return 2.2%
  • 3 Yr Annualized Total Return 0.2%
  • 5 Yr Annualized Total Return 8.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.83%
DIVIDENDS
  • Dividend Yield 1.3%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Praxis Small Cap Index Fund
  • Fund Family Name
    Praxis Mutual Funds
  • Inception Date
    Oct 01, 2012
  • Shares Outstanding
    N/A
  • Share Class
    I
  • 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. small capitalization equities market, as measured by the S&P SmallCap 6001 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 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. The Adviser determines whether to sell an investment based upon its assessment of the relative costs and benefits of continuing to hold an investment versus replacing it with other available investments, in light of the Fund’s investment objective, strategy and the characteristics of the overall portfolio.

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

MMSIX - Performance

Return Ranking - Trailing

Period MMSIX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.2% -5.1% 23.8% 90.81%
1 Yr 19.1% -12.5% 56.1% 70.99%
3 Yr 0.2%* -8.5% 41.4% 82.35%
5 Yr 8.2%* -13.7% 32.2% 68.37%
10 Yr 5.8%* -3.0% 17.2% 88.47%

* Annualized

Return Ranking - Calendar

Period MMSIX Return Category Return Low Category Return High Rank in Category (%)
2023 15.2% -49.6% 29.0% 36.98%
2022 -20.5% -59.3% 118.2% 45.41%
2021 14.8% -31.6% 39.3% 29.85%
2020 9.7% -51.0% 39.5% 56.39%
2019 18.8% -16.9% 37.8% 64.12%

Total Return Ranking - Trailing

Period MMSIX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.2% -5.1% 23.8% 90.81%
1 Yr 19.1% -12.5% 56.1% 70.99%
3 Yr 0.2%* -8.5% 41.4% 82.35%
5 Yr 8.2%* -13.7% 32.2% 68.37%
10 Yr 5.8%* -3.0% 17.2% 88.47%

* Annualized

Total Return Ranking - Calendar

Period MMSIX Return Category Return Low Category Return High Rank in Category (%)
2023 16.7% -21.7% 31.8% 44.17%
2022 -19.6% -45.2% 123.7% 73.15%
2021 26.3% 0.0% 47.7% 29.49%
2020 11.0% -50.5% 46.9% 62.41%
2019 22.8% -12.6% 43.7% 68.82%

NAV & Total Return History


MMSIX - Holdings

Concentration Analysis

MMSIX Category Low Category High MMSIX % Rank
Net Assets 166 M 480 K 118 B 75.61%
Number of Holdings 487 2 2519 24.74%
Net Assets in Top 10 39.1 M 104 K 9.83 B 63.51%
Weighting of Top 10 23.65% -2849.0% 100.5% 27.99%

Top 10 Holdings

  1. Mount Vernon Liquid Assets Portfolio, LLC Lending Portfolio I 17.58%
  2. Andersons, Inc. (The) 0.73%
  3. Abercrombie Fitch Company Class A 0.72%
  4. Cytokinetics, Inc. 0.68%
  5. Bristow Group, Inc. 0.67%
  6. Fabrinet 0.66%
  7. AAON, Inc. 0.66%
  8. SPS Commerce, Inc. 0.66%
  9. Meritage Homes Corporation 0.64%
  10. Academy Sports Outdoors, Inc. 0.64%

Asset Allocation

Weighting Return Low Return High MMSIX % Rank
Stocks
99.03% -565235.00% 107.11% 35.26%
Cash
17.63% 0.00% 565934.00% 3.16%
Bonds
0.86% -2.00% 74.53% 4.04%
Preferred Stocks
0.00% 0.00% 7.53% 66.49%
Other
0.00% -598.74% 82.28% 73.51%
Convertible Bonds
0.00% 0.00% 3.17% 66.26%

Stock Sector Breakdown

Weighting Return Low Return High MMSIX % Rank
Financial Services
16.03% 0.00% 35.52% 41.31%
Industrials
15.58% 2.46% 37.42% 62.41%
Technology
14.63% 0.00% 54.70% 43.62%
Consumer Cyclical
13.21% 0.99% 47.79% 19.50%
Healthcare
11.30% 0.00% 26.53% 68.26%
Real Estate
9.70% 0.00% 29.43% 16.13%
Consumer Defense
5.50% 0.00% 18.87% 17.38%
Basic Materials
5.41% 0.00% 18.66% 37.77%
Communication Services
3.56% 0.00% 14.85% 28.01%
Utilities
3.38% 0.00% 18.58% 24.65%
Energy
1.71% 0.00% 37.72% 85.46%

Stock Geographic Breakdown

Weighting Return Low Return High MMSIX % Rank
US
99.03% -565235.00% 107.11% 26.49%
Non US
0.00% 0.00% 94.14% 72.11%

Bond Sector Breakdown

Weighting Return Low Return High MMSIX % Rank
Corporate
67.01% 0.00% 100.00% 1.10%
Cash & Equivalents
17.63% -29556.77% 100.00% 7.54%
Derivative
0.00% -598.74% 8.22% 67.72%
Securitized
0.00% 0.00% 8.22% 64.71%
Municipal
0.00% 0.00% 0.15% 64.34%
Government
0.00% 0.00% 38.56% 65.07%

Bond Geographic Breakdown

Weighting Return Low Return High MMSIX % Rank
US
0.86% -2.00% 61.57% 4.04%
Non US
0.00% 0.00% 12.96% 65.79%

MMSIX - Expenses

Operational Fees

MMSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.43% 0.01% 38.45% 86.77%
Management Fee 0.30% 0.00% 1.50% 14.96%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

MMSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MMSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 58.33%

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.

MMSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 40.95% 1.00% 314.00% 44.56%

MMSIX - Distributions

Dividend Yield Analysis

MMSIX Category Low Category High MMSIX % Rank
Dividend Yield 1.31% 0.00% 42.10% 38.95%

Dividend Distribution Analysis

MMSIX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Annual Annual

Net Income Ratio Analysis

MMSIX Category Low Category High MMSIX % Rank
Net Income Ratio 0.83% -2.40% 2.49% 18.09%

Capital Gain Distribution Analysis

MMSIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

Distributions History

View More +

MMSIX - Fund Manager Analysis

Managers

Dale Snyder


Start Date

Tenure

Tenure Rank

Jan 01, 2017

5.41

5.4%

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
0.08 49.61 7.05 2.58