MIIIX Performance — Praxis Impact Bond Fund, Class I
Data updated: 2026-08-31
MIIIX returned +0.69% year to date and +3.90% over one year to Jun 2026. Annualised returns are +4.30% over 3 years and +0.18% over 5 years. The fund trailed its Intermediate Core Bond category average: $100 invested three years ago grew to $113, against $115 for the category, and to $104 over one year, against $104. Volatility over the past three years was 5.70% a year. In the 12 months to Jun 2026 the fund took in a net $171.8M, and assets reached $1.22B.
MIIIX Growth of $100
What $100 invested in Praxis Impact Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Core Bond category average over the same months.
| Period | MIIIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $104 | $104 |
| 3 years (Jul 2023 – Jun 2026) | $113 | $115 |
| 5 years (Jul 2021 – Jun 2026) | $101 | $102 |
| Since data start (Jul 2019 – Jun 2026) | $105 | $111 |
MIIIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.69% |
| 1 year | +3.90% |
| 3 years (annualised) | +4.30% |
| 5 years (annualised) | +0.18% |
MIIIX Annual Returns
Calendar-year total returns of Praxis Impact Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +0.69% |
| 2025 | +7.23% |
| 2024 | +1.63% |
| 2023 | +5.87% |
| 2022 | −12.65% |
| 2021 | −1.93% |
| 2020 | +5.71% |
| 2019 (Jul–Sep) | +0.02% |
MIIIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.3% | +1.7% | −1.9% | +0.1% | +0.2% | +0.3% | — | — | — | — | — | — |
| 2025 | +0.5% | +2.3% | −0.2% | +0.4% | −0.8% | +1.6% | −0.3% | +1.3% | +1.1% | +0.7% | +0.6% | −0.2% |
| 2024 | +0.1% | −1.4% | +0.8% | −2.5% | +1.7% | +1.1% | +2.5% | +1.4% | +1.4% | −2.6% | +1.2% | −1.7% |
| 2023 | +3.3% | −2.4% | +2.2% | +0.8% | −1.0% | −0.3% | −0.1% | −0.6% | −2.4% | −1.9% | +4.7% | +3.8% |
| 2022 | −1.9% | −1.3% | −2.5% | −3.6% | +0.4% | −1.5% | +2.4% | −2.6% | −4.2% | −1.5% | +3.5% | −0.3% |
| 2021 | −0.6% | −1.6% | −1.0% | +0.8% | +0.3% | +0.7% | +1.0% | −0.3% | −0.8% | −0.1% | +0.1% | −0.4% |
| 2020 | 0.0% | 0.0% | 0.0% | +2.5% | +0.6% | +0.9% | +1.4% | −0.5% | 0.0% | −0.4% | +0.9% | +0.2% |
| 2019 | — | — | — | — | — | — | 0.0% | 0.0% | 0.0% | — | — | — |
MIIIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 5.70%
- 3-year Sharpe ratio: -0.04 (vs 4.5% risk-free rate)
- Best month: +4.65% (Nov 2023)
- Worst month: −2.63% (Oct 2024)
MIIIX Fund Flows
Monthly money in and out of Praxis Impact Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $171.8M
- 12-month gross sales (incl. reinvestments): $368.3M
- Sales ÷ redemptions: 1.87×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $43.5M | $15.9M | $27.7M |
| May 2026 | $47.1M | $19.8M | $27.3M |
| Apr 2026 | $29.4M | $28.3M | $1.1M |
| Mar 2026 | $30.9M | $15.9M | $15.0M |
| Feb 2026 | $20.2M | $11.8M | $8.4M |
| Jan 2026 | $26.7M | $11.2M | $15.5M |
| Dec 2025 | $49.7M | $17.6M | $32.1M |
| Nov 2025 | $24.3M | $21.9M | $2.5M |
| Oct 2025 | $31.0M | $18.4M | $12.7M |
| Sep 2025 | $21.4M | $12.4M | $9.0M |
| Aug 2025 | $20.3M | $10.9M | $9.3M |
| Jul 2025 | $23.8M | $12.5M | $11.3M |
MIIIX Assets Under Management
Net assets of Praxis Impact Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.22B |
| 2026-03-31 | $1.17B |
| 2025-12-31 | $1.14B |
| 2025-09-30 | $1.09B |
| 2025-06-30 | $1.05B |
| 2025-03-31 | $1.01B |
| 2024-12-31 | $984.46M |
| 2024-09-30 | $994.56M |
| 2024-06-30 | $934.74M |
| 2024-03-31 | $899.11M |
| 2023-12-31 | $853.31M |
| 2023-09-30 | $814.95M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.