Praxis Impact Bond Fund I (MIIIX)
9.60
+0.02
(+0.21%)
USD |
Sep 15 2025
Key Stats
Customize
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.46% | 1.099B | -- | 8.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 73.12M | 2.70% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks current income, and to a lesser extent, it seeks capital appreciation. The Fund primarily invests in investment-grade intermediate-term fixed income securities of companies consistent with its stewardship investing approach which incorporates values-based restrictive screens and active ESG data integration. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Medium Term |
| Peer Group | Core Bond Funds |
| Global Macro | Bond HC |
| US Macro | Short/Intermediate Investment-Grade Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Core Bond Funds |
| Fund Owner Firm Name | Praxis Mutual Funds |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
38
-466.63M
Peer Group Low
2.295B
Peer Group High
1 Year
% Rank:
33
73.12M
-9.560B
Peer Group Low
24.98B
Peer Group High
3 Months
% Rank:
43
-1.229B
Peer Group Low
14.87B
Peer Group High
3 Years
% Rank:
37
-13.69B
Peer Group Low
71.35B
Peer Group High
6 Months
% Rank:
29
-2.634B
Peer Group Low
7.327B
Peer Group High
5 Years
% Rank:
39
-13.12B
Peer Group Low
133.15B
Peer Group High
YTD
% Rank:
29
-2.892B
Peer Group Low
10.89B
Peer Group High
10 Years
% Rank:
43
-14.79B
Peer Group Low
217.47B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of September 16, 2025.
Asset Allocation
As of July 31, 2025.
| Type | % Net |
|---|---|
| Cash | 1.57% |
| Stock | 0.00% |
| Bond | 96.70% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 1.73% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| First American Government Obligations Fd X | 2.30% | 1.00 | 0.00% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA-New 0.875 08/05/2030 FIX USD Agency | 1.95% | 87.76 | 0.11% |
| Federal Home Loan Banks FHLB 5.5 07/15/2036 FIX USD Agency | 1.89% | 110.67 | 0.19% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA-New 5.625 07/15/2037 FIX USD Agency | 1.45% | 111.49 | 0.16% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA-New 6.625 11/15/2030 FIX USD Agency | 1.35% | 113.82 | 0.09% |
| FHLMC-New FIX USD Agency | 1.32% | 87.54 | 0.12% |
| FNMA-New 01/25/2031 FIX USD Agency | 1.29% | 87.12 | 0.12% |
| FHLMC-New 3.0 07/25/2052 FIX USD Agency | 1.23% | 88.82 | 0.44% |
| FNMA-New 3.5 05/25/2052 FIX USD Agency | 1.20% | 92.42 | 0.42% |
| Federal Home Loan Banks FHLB 3.25 11/16/2028 FIX USD Agency | 1.20% | 99.30 | 0.09% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.35% |
| Administration Fee | 374.9K% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 2.00% |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 100000.0 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks current income, and to a lesser extent, it seeks capital appreciation. The Fund primarily invests in investment-grade intermediate-term fixed income securities of companies consistent with its stewardship investing approach which incorporates values-based restrictive screens and active ESG data integration. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Medium Term |
| Peer Group | Core Bond Funds |
| Global Macro | Bond HC |
| US Macro | Short/Intermediate Investment-Grade Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Core Bond Funds |
| Fund Owner Firm Name | Praxis Mutual Funds |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (9-12-25) | 3.52% |
| 30-Day SEC Yield (7-31-24) | 4.14% |
| 7-Day SEC Yield | -- |
| Bond | |
| Yield to Maturity (7-31-25) | 4.74% |
| Average Coupon | 3.46% |
| Calculated Average Quality | 2.107 |
| Effective Maturity | 13.69 |
| Nominal Maturity | 13.88 |
As of July 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 5/1/2006 |
| Last Annual Report Date | 12/31/2024 |
| Last Prospectus Date | 4/30/2025 |
| Share Classes | |
| MIIAX | A |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | -- |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Synthetic Replication Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:MIIIX", "name") |
| Broad Asset Class: =YCI("M:MIIIX", "broad_asset_class") |
| Broad Category: =YCI("M:MIIIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:MIIIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |