Morningstar

Praxis Growth Index A MGNDX

Morningstar Medalist Rating
Medalist Rating as of | See Praxis Mutual Funds Investment Hub
  • NAV / 1-Day Return 46.70  /  +0.99 %
  • Total Assets 651.4 Mil
  • Adj. Expense Ratio
    0.650%
  • Expense Ratio 0.650%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 0.49%
  • Turnover 36%

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 PM GMT+0

Morningstar’s Analysis MGNDX

Will MGNDX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MGNDX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MGNDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MGNDX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Praxis Growth Index A’s management team is rated Average, but a solid investment process still helps this strategy retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings MGNDX

More MGNDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 59.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Apple Inc

14.39 91.4 Mil
Technology

NVIDIA Corp

11.70 74.3 Mil
Technology

Microsoft Corp

8.42 53.5 Mil
Technology

Amazon.com Inc

4.92 31.2 Mil
Consumer Cyclical

Meta Platforms Inc Class A

4.78 30.4 Mil
Communication Services

Alphabet Inc Class A

4.03 25.6 Mil
Communication Services

Eli Lilly and Co

3.27 20.8 Mil
Healthcare

Alphabet Inc Class C

3.23 20.5 Mil
Communication Services

Broadcom Inc

2.96 18.8 Mil
Technology

Tesla Inc

2.00 12.7 Mil
Consumer Cyclical

Sponsor Center