Morningstar

Praxis Small Cap Index I MMSIX

Morningstar Medalist Rating
Medalist Rating as of | See Praxis Mutual Funds Investment Hub
  • NAV / 1-Day Return 12.12  /  +1.59 %
  • Total Assets 185.9 Mil
  • Adj. Expense Ratio
    0.440%
  • Expense Ratio 0.440%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Small Blend
  • Investment Style Small Value
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 1.19%
  • Turnover 38%

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

Morningstar’s Analysis MMSIX

Will MMSIX 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 MMSIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MMSIX 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 MMSIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Praxis Small Cap Index I’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 least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MMSIX

More MMSIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

SPX Technologies Inc

0.86 1.6 Mil
Industrials

Bristow Group Inc Ordinary Shares

0.83 1.6 Mil
Energy

Fabrinet

0.75 1.4 Mil
Technology

ATI Inc

0.74 1.4 Mil
Industrials

Badger Meter Inc

0.70 1.3 Mil
Technology

Insight Enterprises Inc

0.69 1.3 Mil
Technology

CVR Energy Inc

0.67 1.2 Mil
Energy

Mueller Industries Inc

0.66 1.2 Mil
Industrials

Ensign Group Inc

0.65 1.2 Mil
Healthcare

Meritage Homes Corp

0.65 1.2 Mil
Consumer Cyclical

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