Praxis Genesis Growth Portfolio
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
11.0%
1 yr return
21.6%
3 Yr Avg Return
1.8%
5 Yr Avg Return
7.8%
Net Assets
$106 M
Holdings in Top 10
100.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.95%
SALES FEES
Front Load 5.25%
Deferred Load N/A
TRADING FEES
Turnover 12.90%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MGAFX - Profile
Distributions
- YTD Total Return 11.0%
- 3 Yr Annualized Total Return 1.8%
- 5 Yr Annualized Total Return 7.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.28%
- Dividend Yield 0.3%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePraxis Genesis Growth Portfolio
-
Fund Family NamePraxis Mutual Funds
-
Inception DateSep 28, 2012
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBenjamin Bailey
Fund Description
The Portfolio, a fund of funds, seeks to achieve its investment objective by investing primarily in Class I shares of underlying Praxis Funds.
The Portfolio typically invests approximately 10 - 30 percent of its total assets in bond funds and 70 - 90 percent of its total assets in equity funds. In selecting underlying funds, the Adviser analyzes many factors, including the underlying funds’ investment objectives, total return, and volatility. The Portfolio may also invest in other mutual funds or exchange traded funds (“ETFs”) to gain exposure to unique investment characteristics not available in the underlying Praxis Funds and whose screening criteria may differ from the Stewardship Investing screens used by the Praxis Mutual Funds. Investments in these non-Praxis funds and ETFs will not exceed 10 percent of the value of the Portfolio’s total assets. The Portfolio may hold a minimal amount of cash or cash equivalent positions, such as money market instruments, U.S. Government securities, commercial paper, and repurchase agreements.
The above asset allocation ranges are targets. The Adviser has discretion to reallocate the Portfolio’s assets among the allowable investments described above. As a result of market gains or losses, the percentage of the Portfolio’s assets invested in bond funds and equity funds at any given time may be different from the asset allocation target ranges shown above. The Adviser expects to rebalance the Portfolio’s assets annually in accordance with the asset allocation model then in effect but reserves the right to rebalance more or less frequently as it deems appropriate, depending on market conditions, investment performance, and other factors. The Portfolio seeks to avoid investments that are deemed inconsistent with the Stewardship Investing core values, as discussed below.
Stewardship Investing The Portfolio 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 |
MGAFX - Performance
Return Ranking - Trailing
Period | MGAFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 11.0% | 1.6% | 21.5% | 77.05% |
1 Yr | 21.6% | 7.7% | 40.1% | 57.53% |
3 Yr | 1.8%* | -10.0% | 11.3% | 82.39% |
5 Yr | 7.8%* | 1.5% | 12.8% | 62.50% |
10 Yr | 7.1%* | 0.6% | 11.5% | 51.15% |
* Annualized
Return Ranking - Calendar
Period | MGAFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.3% | -6.9% | 29.3% | 33.68% |
2022 | -19.5% | -37.4% | -8.2% | 33.45% |
2021 | 11.5% | -9.8% | 25.4% | 19.00% |
2020 | 8.7% | -21.0% | 25.4% | 36.36% |
2019 | 18.7% | -8.3% | 27.9% | 21.01% |
Total Return Ranking - Trailing
Period | MGAFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 11.0% | 1.6% | 21.5% | 77.05% |
1 Yr | 21.6% | 7.7% | 40.1% | 57.53% |
3 Yr | 1.8%* | -10.0% | 11.3% | 82.39% |
5 Yr | 7.8%* | 1.5% | 12.8% | 62.50% |
10 Yr | 7.1%* | 0.6% | 11.5% | 51.15% |
* Annualized
Total Return Ranking - Calendar
Period | MGAFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.9% | -0.9% | 33.0% | 43.99% |
2022 | -17.1% | -36.0% | -0.9% | 66.20% |
2021 | 14.2% | -7.8% | 33.9% | 74.91% |
2020 | 14.1% | -16.2% | 25.4% | 39.02% |
2019 | 24.7% | 7.3% | 34.8% | 16.73% |
NAV & Total Return History
MGAFX - Holdings
Concentration Analysis
MGAFX | Category Low | Category High | MGAFX % Rank | |
---|---|---|---|---|
Net Assets | 106 M | 1.41 M | 120 B | 89.04% |
Number of Holdings | 6 | 4 | 2696 | 99.66% |
Net Assets in Top 10 | 108 M | 1.18 M | 27.7 B | 82.19% |
Weighting of Top 10 | 100.03% | 19.7% | 118.4% | 0.68% |
Top 10 Holdings
- PRAXIS INTERNATIONAL INDEX FUND - CLASS I 24.09%
- PRAXIS GROWTH INDEX FUND - CLASS I 20.50%
- PRAXIS VALUE INDEX FUND - CLASS I 20.41%
- PRAXIS IMPACT BOND FUND - CLASS I 19.90%
- PRAXIS SMALL CAP INDEX FUND - CLASS I 15.14%
- FIRST AMERICAN GOVERNMENT OBLIGATIONS FUND CLASS X 0.00%
Asset Allocation
Weighting | Return Low | Return High | MGAFX % Rank | |
---|---|---|---|---|
Stocks | 100.03% | 0.00% | 100.07% | 6.85% |
Convertible Bonds | 0.12% | 0.00% | 26.48% | 84.83% |
Cash | 0.00% | 0.00% | 89.93% | 90.75% |
Preferred Stocks | 0.00% | 0.00% | 16.57% | 79.11% |
Other | 0.00% | -0.31% | 28.56% | 70.55% |
Bonds | 0.00% | 0.00% | 102.71% | 82.88% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MGAFX % Rank | |
---|---|---|---|---|
Technology | 20.70% | 3.31% | 52.93% | 33.45% |
Financial Services | 15.77% | 0.28% | 52.80% | 37.93% |
Healthcare | 11.73% | 0.00% | 36.30% | 73.10% |
Consumer Cyclical | 10.58% | 0.00% | 16.01% | 45.86% |
Industrials | 10.53% | 1.16% | 32.55% | 50.00% |
Communication Services | 8.03% | 0.00% | 26.62% | 28.97% |
Consumer Defense | 6.69% | 0.00% | 14.86% | 49.66% |
Real Estate | 5.13% | 0.00% | 33.86% | 36.90% |
Basic Materials | 4.87% | 0.00% | 11.49% | 27.93% |
Energy | 3.09% | 0.00% | 29.22% | 86.55% |
Utilities | 2.88% | 0.00% | 31.67% | 53.79% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MGAFX % Rank | |
---|---|---|---|---|
US | 100.03% | 0.00% | 100.07% | 6.85% |
Non US | 0.00% | 0.00% | 21.17% | 81.16% |
MGAFX - Expenses
Operational Fees
MGAFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.95% | 0.04% | 4.67% | 53.08% |
Management Fee | 0.05% | 0.00% | 1.25% | 28.77% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 44.77% |
Administrative Fee | N/A | 0.01% | 0.28% | N/A |
Sales Fees
MGAFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.25% | 2.00% | 5.75% | 61.70% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
MGAFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 2.00% | 50.00% |
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.
MGAFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 12.90% | 4.00% | 236.00% | 7.25% |
MGAFX - Distributions
Dividend Yield Analysis
MGAFX | Category Low | Category High | MGAFX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.26% | 0.00% | 10.22% | 68.49% |
Dividend Distribution Analysis
MGAFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
MGAFX | Category Low | Category High | MGAFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.28% | -1.12% | 6.07% | 13.43% |
Capital Gain Distribution Analysis
MGAFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 30, 2024 | $0.004 | OrdinaryDividend |
Aug 30, 2024 | $0.003 | OrdinaryDividend |
Jul 31, 2024 | $0.006 | OrdinaryDividend |
Apr 30, 2024 | $0.003 | OrdinaryDividend |
Mar 28, 2024 | $0.002 | OrdinaryDividend |
Feb 29, 2024 | $0.002 | OrdinaryDividend |
Jan 31, 2024 | $0.002 | OrdinaryDividend |
Dec 28, 2023 | $0.252 | OrdinaryDividend |
Nov 30, 2023 | $0.002 | OrdinaryDividend |
Jul 31, 2023 | $0.005 | OrdinaryDividend |
Dec 29, 2022 | $0.164 | OrdinaryDividend |
Dec 16, 2022 | $0.302 | OrdinaryDividend |
Dec 15, 2021 | $0.077 | CapitalGainShortTerm |
Dec 15, 2021 | $0.387 | CapitalGainLongTerm |
Dec 30, 2020 | $0.394 | OrdinaryDividend |
Dec 16, 2020 | $0.443 | OrdinaryDividend |
Dec 30, 2019 | $0.210 | OrdinaryDividend |
Dec 16, 2019 | $0.013 | CapitalGainShortTerm |
Dec 16, 2019 | $0.231 | CapitalGainLongTerm |
Dec 31, 2018 | $0.278 | OrdinaryDividend |
Dec 14, 2018 | $0.016 | CapitalGainShortTerm |
Dec 14, 2018 | $0.524 | CapitalGainLongTerm |
Dec 29, 2017 | $0.334 | OrdinaryDividend |
Dec 28, 2017 | $0.011 | CapitalGainShortTerm |
Dec 28, 2017 | $0.287 | CapitalGainLongTerm |
Dec 30, 2016 | $0.141 | OrdinaryDividend |
Dec 28, 2016 | $0.330 | CapitalGainLongTerm |
Feb 01, 2016 | $0.000 | OrdinaryDividend |
Dec 31, 2015 | $0.189 | OrdinaryDividend |
Dec 28, 2015 | $0.007 | CapitalGainShortTerm |
Dec 28, 2015 | $0.323 | CapitalGainLongTerm |
Dec 31, 2014 | $0.129 | OrdinaryDividend |
Dec 26, 2014 | $0.018 | CapitalGainShortTerm |
Dec 26, 2014 | $0.242 | CapitalGainLongTerm |
Sep 02, 2014 | $0.000 | OrdinaryDividend |
Jun 02, 2014 | $0.000 | OrdinaryDividend |
Mar 03, 2014 | $0.000 | OrdinaryDividend |
Feb 03, 2014 | $0.000 | OrdinaryDividend |
Dec 31, 2013 | $0.170 | OrdinaryDividend |
Dec 26, 2013 | $0.037 | CapitalGainShortTerm |
Dec 26, 2013 | $0.129 | CapitalGainLongTerm |
Dec 31, 2012 | $0.132 | OrdinaryDividend |
Dec 26, 2012 | $0.008 | CapitalGainShortTerm |
Dec 26, 2012 | $0.395 | CapitalGainLongTerm |
Dec 03, 2012 | $0.000 | OrdinaryDividend |
Nov 01, 2012 | $0.000 | OrdinaryDividend |
Oct 01, 2012 | $0.001 | OrdinaryDividend |
MGAFX - Fund Manager Analysis
Managers
Benjamin Bailey
Start Date
Tenure
Tenure Rank
Jun 17, 2013
8.96
9.0%
Benjamin J. Bailey joined Everence in 2000. He was named co-portfolio manager of the Intermediate Income Fund in March 2005. He served as assistant portfolio manager for the Fund since 2002. Benjamin began his investment career at Everence as an investment services support assistant and then as a fixed income research analyst. He received his bachelor’s in business-economics from Huntington College in 2000. He earned the Chartered Financial Analyst (CFA®) designation in 2003.
Dale Snyder
Start Date
Tenure
Tenure Rank
May 01, 2018
4.08
4.1%
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 | 38.44 | 7.38 | 2.41 |