Praxis Value is trading at 20.25 as of the 26th of November 2024; that is 0.55 percent increase since the beginning of the trading day. The fund's open price was 20.14. Praxis Value has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Praxis Value Index are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 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
Praxis Value Index [MVIIX] is traded in USA and was established 26th of November 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 minimum initial investment of 100 K. Praxis Value Index is currently producing year-to-date (YTD) return of 16.69% with the current yeild of 0.01%, while the total return for the last 3 years was 10.37%.
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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.
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.