# EDGAR Filing Document

**Accession Number:** 0000912900
**File Stem:** 0001398344-26-006945
**Filing Date:** 2026-4
**Character Count:** 16499
**Document Hash:** 7dfd8da54be560d5de336b2fed4898ae
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-26-006945.hdr.sgml**: 20260423

**ACCESSION NUMBER**: 0001398344-26-006945

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20260423

**DATE AS OF CHANGE**: 20260423

**EFFECTIVENESS DATE**: 20260423

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRAXIS FUNDS
- **CENTRAL INDEX KEY:** 0000912900

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-69724
- **FILM NUMBER:** 26886691

**BUSINESS ADDRESS:**
- **STREET 1:** 1110 N. MAIN ST.
- **CITY:** GOSHEN
- **STATE:** IN
- **ZIP:** 46527
- **BUSINESS PHONE:** 8009772947

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 483
- **CITY:** GOSHEN
- **STATE:** IN
- **ZIP:** 46527

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRAXIS MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 20110510

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MMA PRAXIS MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 19931229

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRAXIS MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 19931001

## Series and Classes Contracts Data

### Praxis Genesis Balanced Portfolio (Series ID: S000026798)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000080568 | Praxis Genesis Balanced Portfolio Class A | MBAPX           |

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| | |
|:---|:---|
| Praxis Genesis Balanced Portfolio <br>*Class A Shares (MBAPX)* <br>*Summary Prospectus* <br>April 30, 2026 | ![](fp0098202-9_gb1.jpg) |

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**Before you invest, you may want to review the Praxis Genesis Balanced Portfolio's prospectus, which contains more information about the Fund and its risks. The current statutory prospectus and statement of additional information dated April 30, 2026, are incorporated by reference into this Summary Prospectus. You can find the Fund's prospectus and other information about the Fund online at https://www.praxisinvests.com/resources/prospectuses-and-reports. You can also get this information at no cost by calling 800-977-2947 or by sending an e-mail request to investorinfo@praxisinvests.com.** 

*Investment Objectives* 

The Praxis Genesis Balanced Portfolio seeks long-term capital appreciation and growth of income. To a lesser extent, it seeks current income.

*Fees and Expenses* 

This table describes the fees and expenses that you may pay if you buy and hold shares of the Portfolio. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Praxis Funds. More information about these and other discounts is available from your financial professional and in the section titled "Sales Charge Reductions" on page 57 of the Portfolio's prospectus.

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| | |
|:---|:---|
| &nbsp;&nbsp;**Shareholder Fees (fees paid directly from your investment)** | **Class A** |
| &nbsp;&nbsp;Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | 5.25% |

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| | |
|:---|:---|
| &nbsp;&nbsp;**Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)** | **Class A** |
| &nbsp;&nbsp;Management Fees | 0.05% |
| &nbsp;&nbsp;Distribution and Service (12b-1) Fees | 0.25% |
| &nbsp;&nbsp;Other Expenses | 0.16% |
| &nbsp;&nbsp;Acquired Fund Fees and Expenses ("AFFE")<sup>1</sup> | 0.44% |
| &nbsp;&nbsp;Total Annual Portfolio Operating Expenses | 0.90% |

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<sup>*1*</sup> *AFFE are not reflected in the Financial Highlights or audited financial statements.* 

*Example* 

This Example is intended to help you compare the cost of investing in the Portfolio with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Portfolio for the time period indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5 percent return each year and that the Portfolio's operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

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| | | | | |
|:---|:---|:---|:---|:---|
| | **1 Year** | **3 Years** | **5 Years** | **10 Years** |
| **Class A** | $612 | $797 | $997 | $1575 |

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Portfolio Turnover: The Portfolio pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover may indicate higher transaction costs and may result in higher taxes when Portfolio shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Portfolio's performance. During the most recent fiscal year, the Portfolio's portfolio turnover rate was 12.84 percent of the average value of its portfolio.

2260171

Praxis Genesis Balanced Portfolio

*Principal Investment Strategies* 

The Portfolio, a fund of funds, seeks to achieve its investment objective by investing primarily in Class I shares of underlying Praxis Funds.

The Portfolio typically invests approximately 30 - 50 percent of its total assets in bond funds and 50 - 70 percent of its total assets in equity funds. In selecting underlying funds, the Adviser analyzes many factors, including the underlying funds' investment objectives, total return, and volatility. The Portfolio may also invest in other mutual funds or exchange traded funds ("ETFs") to gain exposure to unique investment characteristics not available in the underlying Praxis Funds and whose screening criteria may differ from the Praxis Stewardship Investing core value screens used by the Praxis Funds. Investments in these non-Praxis Funds and ETFs will not exceed 10 percent of the value of the Portfolio's total assets. The Portfolio may hold a minimal amount of cash or cash equivalent positions, such as money market instruments, U.S. Government securities, commercial paper, and repurchase agreements.

The above asset allocation ranges are targets. The Adviser has discretion to reallocate the Portfolio's assets among the allowable investments described above. As a result of market gains or losses, the percentage of the Portfolio's assets invested in bond funds and equity funds at any given time may be different from the asset allocation target ranges shown above. The Adviser expects to rebalance the Portfolio's assets annually in accordance with the asset allocation model then in effect but reserves the right to rebalance more or less frequently as it deems appropriate, depending on market conditions, investment performance, and other factors. The Portfolio seeks to avoid investments that are deemed inconsistent with the Praxis Stewardship Investing core values, as discussed below.

*Praxis Stewardship Investing Core Values* <br>Through various impact strategies, the Fund seeks to support the following core values: <br>● Respecting the dignity and value of all people <br>● Building a world at peace and free from violence <br>● Demonstrating a concern for justice in a global society <br>● Exhibiting responsible management practices <br>● Supporting and involving communities <br>● Practicing environmental stewardship <br>

Additional information on Praxis' Stewardship Investing philosophy, core values, screens and other ImpactX strategies can be found in the "Investment Objectives, Principal Investment Strategies and Related Risks" section beginning on page 34 of the Funds' prospectus.

*Principal Investment Risks* 

***Market Risk.*** Because the value of the Portfolio's assets will fluctuate with market conditions and interest rates, so will the value of your investment in the Portfolio. You could lose money on your investment in the Portfolio, or the Portfolio could underperform other investments. Some of the Portfolio's holdings may underperform its other holdings.

***Asset Allocation Risk.*** The Portfolio is subject to asset allocation risk, which is the possibility that the selection by the Adviser of underlying funds and the allocation of Portfolio assets to those funds will cause the Portfolio to underperform.

***Underlying Funds Risk.*** In addition, the Portfolio is subject to the risks associated with the underlying Praxis Funds in which it invests. The application of the underlying Funds' socially responsible investment criteria may affect the underlying Funds' exposure to certain sectors or types of investments and may impact the Portfolio's relative investment performance depending on whether such sectors or investments are in or out of favor with the market. To the extent the Portfolio is invested in equity funds, it is susceptible to risks typically associated with equity investing, including that the stock market may decline in value and individual stocks held by the underlying funds may not perform as expected, and to the extent the Portfolio is invested in bond funds, it is susceptible to risks typically associated with bond investing, including interest rate risk, or the chance that the value of the fixed-income securities the underlying funds hold will decline due to rising interest rates. The value of the Portfolio's shares could decline significantly and unexpectedly based upon many factors, including national and international political, economic, regulatory, market or other conditions, as well as global events such as war or other conflict, natural or environmental disasters and infectious disease outbreaks. Events in the financial markets and in the broader economy may cause uncertainty and volatility and may adversely affect Portfolio performance. Events in one market may impact other markets. Future events may impact the Portfolio in unforeseen ways. Traditionally liquid investments may experience periods of diminished liquidity. The Portfolio could underperform other investments. Some of the Portfolio's holdings may underperform its other holdings.

Praxis Genesis Balanced Portfolio

*PORTFOLIO PERFORMANCE* 

The bar chart and table that follow provide some indication of the risk of an investment in the Fund. The returns assume reinvestment of all dividends and distributions. The bar chart shows how the performance of the Class A shares has varied from year to year for the last 10 years. The returns in the bar chart do not reflect any applicable sales charges. If sales charges were reflected in the bar chart, returns would have been lower. The returns in the table shows how the average annual total returns of the Fund compared with the returns of three indexes. The S&P Target Risk Balanced Index TR (USD) serves as the Fund's performance index because the Adviser believes it is more representative of the Fund's investment strategy. The Bloomberg U.S. Aggregate Bond Index and the CRSP U.S. Total Market Index each serve as the Fund's regulatory index and provides a broad measure of market performance.

Please note that the Portfolio's past performance, before and after taxes, is not necessarily an indication of how the Portfolio will perform in the future. Updated performance information is available at www.praxisinvests.com.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after- tax returns, which depend on an investor's particular tax situation, may differ from those shown and are not relevant to investors who hold their Portfolio shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.

*Class A — Annual Total Return Chart for the Periods Ended December 31, 2025*![](fp0098202-9_gb3.jpg)

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Best Quarter | &nbsp;&nbsp;Quarter Ended June 30, 2020 | 13.27% |
| &nbsp;&nbsp;Worst Quarter | &nbsp;&nbsp;Quarter Ended March 31, 2020 | -13.24% |

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Average Annual Total Returns** <br> For the Periods Ended December 31, 2025<br> (with maximum sales charge) | **Class A** | **1 Year** | **5 Years** | **10 Years** |
| &nbsp;&nbsp;Return Before Taxes |  | 7.50% | 4.66% | 6.81% |
| &nbsp;&nbsp;Return After Taxes on Distributions |  | 6.01% | 3.51% | 5.67% |
| &nbsp;&nbsp;Return After Taxes on Distributions and Sale of Fund Shares |  | 5.04% | 3.34% | 5.14% |
| &nbsp;&nbsp;**S&P Target Risk Balanced Index TR (USD)** (reflects no deductions for fees, expenses or taxes) |  | 16.59% | 7.05% | 8.14% |

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PORTFOLIO MANAGEMENT

*Investment Adviser* 

Praxis Investment Management, Inc. serves as the investment adviser to the Portfolio.

*Portfolio Managers* 

**Benjamin Bailey, CFA**<sup>®</sup>**,** Portfolio Manager, Praxis Investment Management, has served as a portfolio manager of the Portfolio since June 17, 2013.

**Dale Snyder, CFA**<sup>®</sup>**,** Portfolio Manager, Praxis Investment Management, has served as a portfolio manager of the Portfolio since May 1, 2018.

Praxis Genesis Balanced Portfolio

PURCHASE OF FUND SHARES

You can buy, sell (redeem) or exchange shares of the Portfolio, either through a financial professional or directly from the Portfolio, on any day that the New York Stock Exchange is open. The share price is based on the Portfolio's net asset value, determined after receipt of your request in good order.

Minimum Investments Per Fund

Class A

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| | | |
|:---|:---|:---|
| **Account Type** | **Initial** | **Subsequent** |
| Non-Retirement | $1000 | $50 |
| Retirement | $1000 | $50 |

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The initial investment minimum requirements will be waived:

1) If you establish an automatic investment plan equal to the subsequent investment minimum;

2) If you are contributing to 403(b), SEP-IRA and SIMPLE IRA accounts.

An annual fee of $25 may be assessed in July to each of your Praxis Genesis Portfolio accounts that fall below $1,000 for any reason, including market fluctuation. Certain exceptions may apply. See page 55 of the Fund's prospectus for more information.

Investing in the Funds

*PURCHASE AND SALE OF FUND SHARES* 

Shares of the Funds have not been registered for sale, and the prospectus is not intended for distribution to prospective investors, outside of the United States. The Funds generally do not market or sell shares to investors domiciled outside of the United States, even if the investors are citizens or lawful permanent residents of the United States. Any non-U.S. shareholders generally would be subject to U.S. tax withholding on distributions by the Funds. This prospectus does not address in detail the tax consequences affecting any shareholder who is a nonresident alien individual or a non-U.S. trust or estate, corporation, or partnership. Investment in the Funds by non-U.S. investors may be permitted on a case-by-case basis, at the sole discretion of the Funds.

**Purchasing Fund Shares.** You generally may buy and sell shares on any day the New York Stock Exchange ("NYSE") is open (a "Business Day").

**Selling Fund Shares.** In general, you may redeem shares on any Business Day:

● Through your financial intermediary;

● By writing to Praxis Funds, c/o U.S. Bank Global Fund Services, P.O. 219286, Kansas City, Missouri 64121-9286;

● Via overnight service Praxis Funds, c/o U.S. Bank Global Fund Services, 801 Pennsylvania Avenue, Suite 219286, Kansas City, Missouri 64105-1307;

● Via wire transfer, if you have elected that option on your application, by calling (800) 977-2947; or

● Via the Systematic Withdrawal Plan, if you have elected this option.

*TAX INFORMATION* 

The Funds intend to make distributions that may be taxed as either ordinary income or capital gains except when you hold your Fund shares through a tax-deferred arrangement, such as an individual retirement account. Such tax-deferred arrangements may be taxed later upon withdrawals made from those arrangements.

*PAYMENTS TO BROKER-DEALERS AND OTHER FINANCIAL INTERMEDIARIES* 

If you purchase Fund shares through a broker-dealer or other financial intermediary (such as a bank), the Fund and its related companies may pay the intermediary for the sale of Fund shares and related services. These payments may create a conflict of interest by influencing the broker-dealer or other intermediary and your salesperson to recommend the Fund over another investment. Ask your salesperson or visit your financial intermediary's website for more information.