Praxis Impact Bond Fund Class I (MIIIX)

Overview

The fund primarily focuses on investing in fixed income securities, dedicating at least 80% of its assets to various forms of these investments. It operates with a strong emphasis on aligning its investment choices with stewardship investing core values, deliberately avoiding investments in companies that do not meet these ethical standards. Alongside its investment strategies, the fund incorporates environmental, social, and governance (ESG) considerations into each investment decision, reflecting a commitment to responsible investing.

Products and Services

• Fixed Income Securities Investments

  This service involves the fund's primary activity of investing in a diverse range of fixed income securities. These securities include but are not limited to, government and corporate bonds, debt securities, and other financial instruments that promise to return the principal along with interest or dividends. By focusing on fixed income securities, the fund aims to provide investors with a steady income stream while managing investment risks.

• ESG Integration

  The fund integrates environmental, social, and governance (ESG) considerations into its investment decision-making process. This means that the fund evaluates potential investments not only based on financial performance but also on how well the companies adhere to ESG principles. This practice reflects the fund's commitment to responsible investing and its aim to contribute positively to societal goals while seeking financial returns.

• Stewardship Investing

  Stewardship investing core values are central to the fund's selection criteria, emphasizing investments in companies that demonstrate ethical practices, environmental responsibility, social justice, and good governance. The fund avoids investing in firms that are inconsistent with these values. This approach allows investors to align their financial objectives with their personal or institutional values, offering an ethical investment solution.