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"I'm very proud of her," the 29-year-old actress added to PEOPLE at Thursday's Glamour magazine kickoff event for V-Day's 10th Anniversary. "She's actually teaching me a lot – probably more than I'm teaching her."
The Mad Money star said she attended the event to support friends Eve Ensler (the author of The Vagina Monologues) and Paula Wagner (husband Tom Cruise's production partner) – but she couldn't help singing the praises of her talented toddler.
"She's very smart and strong," Holmes concluded. "And really magical."
JOSH & FERGIE: ROCKED BY SCANDAL
Did he cheat with a stripper?
Married less than a year, the couple denies an Atlanta woman’s claims that she and Josh had a fling
Note that this week’s cover of PEOPLE may differ regionally
