MGNDX
PRAXIS GROWTH INDEX FUND
Praxis Funds
Index fund
Expense ratio1
0.63%
Net assets2
$690.48M
Holdings2
161
Category
US Equity
2025 return3
-38.21%

Investment objective & strategy

As of April 30, 2025 · prospectus

Objective. The Praxis Growth Index Fund seeks capital appreciation.

Strategy. 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 U.S. Large Cap Growth Index, its benchmark index. Under normal circumstances, the Fund invests at least 80 percent of the value of its assets in securities of, and investments related to, issuers in the Funds benchmark index. Typically, the Fund invests substantially more than 80 percent of the value of its assets in securities of issuers in its benchmark index. The benchmark index consists of those stocks in the CRSP U.S. Large Cap Index determined to exhibit the strongest growth characteristics based on sales growth, earnings change to price and momentum ratios. The … 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 U.S. Large Cap Growth Index, its benchmark index. Under normal circumstances, the Fund invests at least 80 percent of the value of its assets in securities of, and investments related to, issuers in the Funds benchmark index. Typically, the Fund invests substantially more than 80 percent of the value of its assets in securities of issuers in its benchmark index. The benchmark index consists of those stocks in the CRSP U.S. Large Cap Index determined to exhibit the strongest growth characteristics based on sales growth, earnings change to price and momentum ratios. The Fund seeks to invest in companies aligned with the Praxis Stewardship Investing core values. The Adviser does this by applying proprietary screens that reflect the Praxis Stewardship Investing core values. In addition, the Adviser uses optimization techniques to select securities according to their contribution to the Funds overall objective, while seeking to replicate the characteristics of the index, including risk and return characteristics. The Adviser determines whether to sell an investment based upon its assessment of the relative costs and benefits of continuing to hold an investment versus replacing it with other available investments, in light of the Funds investment objective, strategy and the characteristics of the overall portfolio. Praxis Stewardship Investing Core Values Through various impact strategies the Fund seeks to support the following core values: ? Respecting the dignity and value of all people ? Building a world at peace and free from violence ? Demonstrating a concern for justice in a global society ? Exhibiting responsible management practices ? Supporting and involving communities ? Practicing environmental stewardship Additional information on Praxis Stewardship Investing philosophy, core values, screens and other ImpactX strategies can be found in the Investment Objectives, Principal Investment Strategies and Related Risks section beginning on page 34 of the Funds prospectus.

Top holdings

As of March 31, 2026 · N-PORT
SecurityTickerValue% of fund
NVIDIA CORP $86.40M 12.51%
APPLE INC $83.42M 12.08%
MICROSOFT CORP $47.47M 6.87%
ALPHABET INC CL A $35.78M 5.18%
AMAZON.COM INC $30.92M 4.48%
BROADCOM INC $30.82M 4.46%
META PLATFORMS INC CL A $28.96M 4.19%
ALPHABET INC CL C $27.91M 4.04%
TESLA INC $23.42M 3.39%
LILLY ELI and CO $19.23M 2.79%
View all holdings →

Allocation by sector

As of March 31, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Dec 31, 2025 → Mar 31, 2026
Opened
11
Exited
8
Increased
28
Decreased
11
Unchanged
111

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

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Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
VANGUARD GROWTH INDEX FUND · VIGAX, VIGRX, VIGIX, VUG 85% 0.03%
Praxis Impact Large Cap Growth ETF · PRXG 85% 0.36%
VANGUARD MEGA CAP GROWTH INDEX FUND · VMGAX, MGK 80% 0.05%
View all similar funds →

Advisers

As of December 31, 2025 · N-CEN
FirmRole
Everence Capital Management, Inc. Adviser

Footnotes

  1. Expense ratio as of April 30, 2025, from the fund's prospectus.
  2. Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
  3. Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).

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