Praxis Mutual Funds issues Real Impact 2023 Report

Praxis update |

Highlights how unique stewardship investing approach promotes real-world change through seven impact strategies

Praxis Mutual Funds has released its annual impact report. Real Impact 2023 shares specific real-world impacts arising from the Praxis team’s work to fulfill its stewardship investing mission.

Real Impact written on image of water droplet in blue water with colorful leaves on top of the water
“We are proud to celebrate 30 years of serving you, our investors, as you align your faith, values and investments in a way that makes a difference,” writes Praxis Mutual Funds President Chad Horning, CFA® in the report’s introduction. “In this report, our team shares the many ways your participation with Praxis creates ripples of positive impact in communities around the world.”

The report, like the team’s work, is organized around the seven distinct impact strategies that make up the Praxis ImpactX framework:

  • Values + ESG Screening. Praxis screens exclude 8-20% of companies in our stock indices.
  • Proxy Voting. Praxis voted on nearly 18,000 proposals on behalf of shareholders.
  • ESG Integration. Praxis doesn’t just screen out; we also invest in – or invest a higher weight into – companies with better ESG risk/opportunity profiles.
  • Positive Impact Bonds. 36% of holdings of the diversified Praxis Impact Bond Fund were invested in impact bonds as of Dec. 31, 2023.
  • Company Engagement. Topics include human rights, online child exploitation, the low carbon transition, antibiotic overuse and more.
  • Advocacy and Education. Praxis supported three initiatives addressing the SEC, U.S. Government and U.S. House of Representatives on issues of concern to values-driven investors.
  • Community Investing. Approximately 1% of Praxis Mutual Fund assets are dedicated to high-impact community development investments.

“The team at Praxis works hard to provide investment options that pursue market-level returns while also aligning investors’ faith and values with their investments,” said Mark Regier, Vice President of Stewardship Investing. ”This year’s report delves into many key themes for Praxis including encouraging the low carbon transition, addressing inequality and supporting low income and underserved communities and engaging companies on good corporate governance.”

Download the report
The full Praxis Real Impact 2023 report can be downloaded here.

Learn more about making an impact

Interested in learning more about Praxis and our values and investing strategies? We’re here to help answer your questions about values-driven investing, offer solutions and provide more information about the real-world impact offered by Praxis Mutual Funds.



Mutual fund investing involves risk. Principal loss is possible. The Fund’s investment strategy could cause the fund to sell or avoid securities that may subsequently perform well, and the application of ESG (environmental, social, governance) and/or faith-based screens may cause the fund to lag the performance of its index.