Praxis Growth Index Fund Quote

MMDEX Fund  USD 45.17  0.65  1.46%   

Performance

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Odds Of Distress

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Low
Praxis Growth is trading at 45.17 as of the 20th of March 2025; that is 1.46 percent increase since the beginning of the trading day. The fund's open price was 44.52. Praxis Growth has about a 21 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 20th of December 2024 and ending today, the 20th of March 2025. Click here to learn more.
The fund invests primarily in U.S. equity securities and seeks to reflect the performance of the U.S. large capitalization growth equities market, as measured by the CRSP US Large Cap Growth Index. Under normal circumstances, it invests at least 80 percent of the value of its assets in securities of, and investments related to, issuers in the funds benchmark index. More on Praxis Growth Index

Moving together with Praxis Mutual Fund

  0.91MMSCX Praxis Small CapPairCorr
  0.94MMSIX Praxis Small CapPairCorr

Moving against Praxis Mutual Fund

  0.59MIIIX Praxis Impact BondPairCorr
  0.57MIIAX Praxis Impact BondPairCorr
  0.34MPLIX Praxis InternationalPairCorr
  0.33MPLAX Praxis InternationalPairCorr

Praxis Mutual Fund Highlights

Fund ConcentrationPraxis Mutual Funds, Large Growth Funds, Large Growth, Praxis Mutual Funds, Large Growth, Large Growth (View all Sectors)
Update Date31st of March 2025
Expense Ratio Date1st of May 2023
Fiscal Year EndDecember
Praxis Growth Index [MMDEX] is traded in USA and was established 20th of March 2025. Praxis Growth is listed under Praxis Mutual Funds category by Fama And French industry classification. The fund is listed under Large Growth category and is part of Praxis Mutual Funds family. This fund now has accumulated 528.19 M in assets with minimum initial investment of 100 K. Praxis Growth Index is currently producing year-to-date (YTD) return of 1.04% with the current yeild of 0.0%, while the total return for the last 3 years was 11.91%.
Check Praxis Growth Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Praxis Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Praxis Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Praxis Growth Index Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Praxis Growth Index Mutual Fund Constituents

CMCSAComcast CorpStockCommunication Services
MRKMerck CompanyStockHealth Care
HDHome DepotStockConsumer Discretionary
JNJJohnson JohnsonStockHealth Care
VVisa Class AStockFinancials
TSLATesla IncStockConsumer Discretionary
TMOThermo Fisher ScientificStockHealth Care
PYPLPayPal HoldingsStockFinancials
More Details

Praxis Growth Top Holders

MGAFXPraxis Genesis GrowthMutual FundAllocation--70% to 85% Equity
MCONXPraxis Genesis ServativeMutual FundAllocation--30% to 50% Equity
MBAPXPraxis Genesis BalancedMutual FundAllocation--50% to 70% Equity
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Praxis Growth Index Risk Profiles

Praxis Growth Against Markets

Other Information on Investing in Praxis Mutual Fund

Praxis Growth financial ratios help investors to determine whether Praxis Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Praxis with respect to the benefits of owning Praxis Growth security.
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