Praxis Value Index Fund Quote
MVIAX Fund | USD 19.84 0.04 0.20% |
Performance6 of 100
| Odds Of DistressLess than 20
|
Praxis Value is trading at 19.84 as of the 12th of December 2024; that is 0.2% down since the beginning of the trading day. The fund's open price was 19.88. Praxis Value has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 12th of November 2024 and ending today, the 12th of December 2024. 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 value equities market, as measured by the SP 500 Value 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 Value Index
Moving together with Praxis Mutual Fund
0.82 | MMDEX | Praxis Growth Index | PairCorr |
0.94 | MMSCX | Praxis Small Cap | PairCorr |
0.94 | MMSIX | Praxis Small Cap | PairCorr |
0.73 | MBAPX | Praxis Genesis Balanced | PairCorr |
Moving against Praxis Mutual Fund
Praxis Mutual Fund Highlights
Fund Concentration | Praxis Mutual Funds, Large Value Funds, Large Value, Praxis Mutual Funds, Large Value, Large Value (View all Sectors) |
Update Date | 31st of December 2024 |
Expense Ratio Date | 1st of May 2023 |
Fiscal Year End | December |
Praxis Value Index [MVIAX] is traded in USA and was established 12th of December 2024. Praxis Value is listed under Praxis Mutual Funds category by Fama And French industry classification. The fund is listed under Large Value category and is part of Praxis Mutual Funds family. This fund now has accumulated 433.54 M in assets with no minimum investment requirementsPraxis Value Index is currently producing year-to-date (YTD) return of 14.65% with the current yeild of 0.01%, while the total return for the last 3 years was 9.46%.
Check Praxis Value 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 Value 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 Value Index Mutual Fund Constituents
AAPL | Apple Inc | Stock | Information Technology | |
C | Citigroup | Stock | Financials | |
IBM | International Business Machines | Stock | Information Technology | |
JCI | Johnson Controls International | Stock | Industrials | |
WMT | Walmart | Stock | Consumer Staples | |
VZ | Verizon Communications | Stock | Communication Services | |
UNH | UnitedHealth Group Incorporated | Stock | Health Care | |
T | ATT Inc | Stock | Communication Services |
Praxis Value Index Risk Profiles
Mean Deviation | 0.4623 | |||
Semi Deviation | 0.365 | |||
Standard Deviation | 0.594 | |||
Variance | 0.3529 |
Praxis Value Against Markets
Other Information on Investing in Praxis Mutual Fund
Praxis Value 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 Value security.
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