Curated News
By: NewsRamp Editorial Staff
October 04, 2024

Praxis Mutual Funds Celebrates 30-Year Anniversary and $1 Billion in Assets for Praxis Impact Bond Fund

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Source News Release

TLDR

  • Investors can align their values with their investments through Praxis Impact Bond Fund, providing a practical, diversified way to steward their family finances.
  • The fund's portfolio management team builds a diversified, values-screened 'core bond' portfolio that includes impact-oriented bonds, including U.S. corporate debt securities, government bonds, and mortgage-backed securities.
  • The Praxis Impact Bond Fund helps make a positive impact in the wider world by promoting a better world through investments in climate and community-focused positive impact bonds.
  • Praxis Impact Bond Fund celebrates crossing the 30-year mark and $1 billion in assets, enabling everyday investors to align their investment dollars with their values.

Impact - Why it Matters

This news matters as it showcases the success of Praxis Mutual Funds in providing investors with a way to align their investment dollars with their values. The fund has reached a significant milestone, reflecting the growing interest in socially responsible investing and the positive impact it can have on the wider world and everyday investors as they steward their family finances.

Summary

Praxis Mutual Funds, a leading faith-based, socially responsible family of mutual funds from Everence Financial, celebrates the Praxis Impact Bond Fund (MIIAX) and (MIIIX) crossing both the 30-year mark and $1 billion in assets this year. The fund aims to provide investors with a practical, diversified way to align their investment dollars with their values on the bond side of a portfolio. The Praxis portfolio management team builds a diversified, values-screened 'core bond' portfolio that includes impact-oriented bonds.

Source Statement

This curated news summary relied on this press release disributed by 24-7 Press Release. Read the source press release here, Praxis Mutual Funds Celebrates 30-Year Anniversary and $1 Billion in Assets for Praxis Impact Bond Fund

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