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MIIAX Praxis Impact Bond A

3 lower fee alternatives found

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Fund MIIAX Praxis Impact Bond A BAGSX Baird Aggregate Bond Inv TSBRX TIAA-CREF Social Choice Bond Retail  
Similarity
?
100% 85% 93%
Annual Fees
?
$94.93
(0.93% Exp. Ratio)
$56.14
(0.55% Exp. Ratio)
$69.41
(0.68% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.07% annual return
$13,980.65 $15,682.17 $15,078.70
Est. savings over 30 yrs +$1,701.52 +$1,098.05
Return
As of 10/31/16
1 YR RETURN 3.64%
3 YR 3.01%
5 YR 2.71%
10 YR 4.52%
1 YR RETURN 4.80%
3 YR 3.82%
5 YR 3.84%
10 YR 4.75%
1 YR RETURN 4.28%
3 YR 4.47%
5 YR --
10 YR --
Description
The investment seeks current income; capital appreciation is a secondary objective. The fund invests primarily in fixed income securities. The fund invests, under normal circumstances, at least 80 percent of its assets in fixed income securities of all types. It seeks to avoid companies that are deemed inconsistent with the stewardship investing core values. The fund integrates consideration of the impact of environmental, social and governance practices into each investment decision.
The investment seeks an annual rate of total return, before fund expenses, greater than the annual rate of total return of the Barclays U.S. Aggregate Bond Index. The fund normally invests at least 80% of its net assets in the following types of U.S. dollar‑denominated debt obligations: U.S. government and other public‑sector entities; asset‑backed and mortgage‑backed obligations of U.S. and foreign issuers; corporate debt of U.S. and foreign issuers. It only invests in debt obligations rated investment grade at the time of purchase by at least one major rating agency or, if unrated, determined by Robert W. Baird & Co. Incorporated to be investment grade.
The investment seeks a favorable long-term total return through income and capital appreciation while giving special consideration to certain environmental, social and governance ("ESG") criteria. The fund invests at least 80% of its assets in bonds. For these purposes, bonds include fixed-income securities of all types. It primarily invests in a broad range of investment-grade bonds and fixed-income securities, including, but not limited to, U.S. government securities, corporate bonds, taxable municipal securities and mortgage-backed or other asset backed-securities.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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