Thrivent Moderate Allocation A
- THMAX
- Price as of: Nov 20, 2020
-
$15.27
N/A N/A
- Primary Theme
- U.S. Balanced Allocation
- Fund Company
- Thrivent
- Share Class
THMAX - Snapshot
Vitals
- YTD Return 8.7%
- 3 Yr Annualized Return 5.6%
- 5 Yr Annualized Return 6.5%
- Net Assets $2.86 B
- Holdings in Top 10 53.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.00%
SALES FEES
- Front Load 4.50%
- Deferred Load N/A
BROKERAGE FEES
- Turnover 145.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $2,000
- IRA $1,000
Fund Classification
-
Primary Theme
U.S. Balanced Allocation
- Fund Type Open End Mutual Fund
- Investment Style Allocation--50% to 70% Equity
THMAX - Profile
Distributions
- YTD Total Return 8.7%
- 3 Yr Annualized Total Return 4.0%
- 5 Yr Annualized Total Return 5.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.59%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameThrivent Moderate Allocation Fund
-
Fund Family NameThrivent Funds
-
Inception DateJun 30, 2005
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMark Simenstad
Fund Description
The fund pursues its objective by investing in a combination of other funds managed by the Adviser and directly held financial instruments. It is designed for investors who seek moderate long-term capital growth with reasonable stability of principal and are comfortable with moderate levels of risk and volatility. The fund allocates 35%-75% of its assets in equity securities, and 25%-65% in debt securities.
THMAX - Performance
Return Ranking - Trailing
| Period | THMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.7% | -40.7% | 26.7% | 32.14% |
| 1 Yr | 6.2% | -21.7% | 26.7% | 34.76% |
| 3 Yr | 5.6%* | -4.7% | 12.9% | 41.20% |
| 5 Yr | 6.5%* | -0.8% | 11.3% | 47.36% |
| 10 Yr | 6.8%* | 0.4% | 11.8% | 61.74% |
* Annualized
Return Ranking - Calendar
| Period | THMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 12.3% | -5.8% | 25.7% | 64.66% |
| 2018 | -8.8% | -32.7% | 0.0% | 19.71% |
| 2017 | 7.7% | -6.5% | 22.4% | 59.01% |
| 2016 | 6.3% | -43.7% | 23.3% | 18.23% |
| 2015 | -6.6% | -32.5% | 2.6% | 52.61% |
Total Return Ranking - Trailing
| Period | THMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.7% | -40.7% | 26.7% | 32.14% |
| 1 Yr | 1.4% | -21.7% | 26.7% | 68.30% |
| 3 Yr | 4.0%* | -4.7% | 12.9% | 64.34% |
| 5 Yr | 5.5%* | -0.8% | 11.3% | 65.76% |
| 10 Yr | 6.3%* | 0.4% | 11.8% | 74.62% |
* Annualized
Total Return Ranking - Calendar
| Period | THMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 12.3% | -5.8% | 25.7% | 64.66% |
| 2018 | -8.8% | -32.7% | 0.8% | 54.81% |
| 2017 | 7.7% | -3.7% | 31.9% | 85.71% |
| 2016 | 6.3% | -43.7% | 23.3% | 46.90% |
| 2015 | -6.6% | -32.5% | 5.6% | 82.79% |
NAV & Total Return History
THMAX - Holdings
Concentration Analysis
| THMAX | Category Low | Category High | THMAX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.86 B | 716 K | 166 B | 24.93% |
| Number of Holdings | 2289 | 2 | 14317 | 3.89% |
| Net Assets in Top 10 | 997 M | 654 K | 30 B | 37.43% |
| Weighting of Top 10 | 53.26% | 9.3% | 100.0% | 44.14% |
Top 10 Holdings
- E-mini S&P 500 Future Sept 20 9.49%
- E-mini S&P 500 Future Sept 20 9.49%
- E-mini S&P 500 Future Sept 20 9.49%
- E-mini S&P 500 Future Sept 20 9.49%
- E-mini S&P 500 Future Sept 20 9.49%
- E-mini S&P 500 Future Sept 20 9.49%
- E-mini S&P 500 Future Sept 20 9.49%
- E-mini S&P 500 Future Sept 20 9.49%
- E-mini S&P 500 Future Sept 20 9.49%
- E-mini S&P 500 Future Sept 20 9.49%
Asset Allocation
| Weighting | Return Low | Return High | THMAX % Rank | |
|---|---|---|---|---|
| Stocks | 52.13% | 0.00% | 134.22% | 83.56% |
| Bonds | 37.21% | -2.18% | 97.64% | 30.19% |
| Cash | 6.41% | -34.22% | 89.35% | 21.41% |
| Other | 3.62% | -3.55% | 30.21% | 10.78% |
| Convertible Bonds | 0.58% | 0.00% | 26.75% | 31.89% |
| Preferred Stocks | 0.05% | 0.00% | 28.13% | 54.94% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | THMAX % Rank | |
|---|---|---|---|---|
| Technology | 20.49% | 0.00% | 48.90% | 44.61% |
| Financial Services | 14.75% | 0.00% | 100.00% | 26.50% |
| Healthcare | 14.59% | 0.00% | 36.21% | 40.57% |
| Consumer Cyclical | 12.29% | 0.00% | 24.29% | 27.84% |
| Industrials | 11.76% | 0.00% | 35.09% | 24.85% |
| Communication Services | 7.83% | 0.00% | 43.64% | 71.11% |
| Consumer Defense | 5.60% | 0.00% | 17.85% | 84.58% |
| Real Estate | 4.17% | 0.00% | 100.00% | 31.74% |
| Basic Materials | 3.60% | 0.00% | 30.87% | 48.20% |
| Energy | 2.55% | 0.00% | 90.89% | 41.92% |
| Utilities | 2.36% | 0.00% | 100.00% | 69.76% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | THMAX % Rank | |
|---|---|---|---|---|
| US | 38.90% | 0.13% | 131.11% | 79.79% |
| Non US | 13.23% | 0.00% | 33.15% | 45.21% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | THMAX % Rank | |
|---|---|---|---|---|
| Corporate | 31.01% | 0.00% | 99.06% | 60.63% |
| Cash & Equivalents | 25.96% | 0.08% | 100.00% | 13.47% |
| Securitized | 23.93% | 0.00% | 59.07% | 34.43% |
| Government | 19.09% | 0.00% | 99.53% | 61.53% |
| Municipal | 0.01% | 0.00% | 24.46% | 71.71% |
| Derivative | 0.00% | 0.00% | 32.58% | 84.43% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | THMAX % Rank | |
|---|---|---|---|---|
| US | 34.35% | -6.66% | 74.69% | 25.45% |
| Non US | 2.86% | -7.18% | 73.06% | 64.82% |
THMAX - Expenses
Operational Fees
| THMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.00% | 0.01% | 4.93% | 39.75% |
| Management Fee | 0.63% | 0.00% | 1.75% | 76.56% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 44.87% |
| Administrative Fee | N/A | 0.01% | 0.83% | N/A |
Sales Fees
| THMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 4.50% | 2.00% | 5.75% | 80.77% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| THMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| THMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 145.00% | 0.00% | 484.00% | 95.55% |
THMAX - Distributions
Dividend Yield Analysis
| THMAX | Category Low | Category High | THMAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 8.99% | 73.65% |
Dividend Distribution Analysis
| THMAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Monthly | Annually |
Net Income Ratio Analysis
| THMAX | Category Low | Category High | THMAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.59% | -0.99% | 11.02% | 58.15% |
Capital Gain Distribution Analysis
| THMAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Mar 29, 2019 | $0.041 |
| Dec 31, 2018 | $0.122 |
| Jun 29, 2018 | $0.044 |
| Mar 29, 2018 | $0.033 |
| Dec 29, 2017 | $0.095 |
| Sep 29, 2017 | $0.034 |
| Jun 30, 2017 | $0.033 |
| Mar 31, 2017 | $0.030 |
| Dec 30, 2016 | $0.071 |
| Sep 30, 2016 | $0.030 |
| Jun 30, 2016 | $0.033 |
| Mar 31, 2016 | $0.029 |
| Dec 31, 2015 | $0.060 |
| Sep 30, 2015 | $0.031 |
| Jun 30, 2015 | $0.028 |
| Mar 31, 2015 | $0.025 |
| Dec 30, 2014 | $0.094 |
| Sep 30, 2014 | $0.030 |
| Jun 30, 2014 | $0.030 |
| Mar 31, 2014 | $0.031 |
| Dec 31, 2013 | $0.106 |
| Sep 30, 2013 | $0.036 |
| Jun 28, 2013 | $0.027 |
| Mar 28, 2013 | $0.020 |
| Dec 31, 2012 | $0.107 |
| Sep 28, 2012 | $0.030 |
| Jun 29, 2012 | $0.031 |
| Mar 30, 2012 | $0.037 |
| Dec 30, 2011 | $0.068 |
| Sep 30, 2011 | $0.051 |
| Jun 30, 2011 | $0.041 |
| Mar 31, 2011 | $0.042 |
| Dec 31, 2010 | $0.085 |
| Sep 30, 2010 | $0.051 |
| Jun 30, 2010 | $0.047 |
| Mar 31, 2010 | $0.042 |
| Dec 31, 2009 | $0.081 |
| Sep 30, 2009 | $0.044 |
| Jun 30, 2009 | $0.048 |
| Mar 31, 2009 | $0.050 |
| Dec 31, 2008 | $0.122 |
| Sep 30, 2008 | $0.052 |
| Jun 30, 2008 | $0.050 |
| Mar 31, 2008 | $0.050 |
| Dec 31, 2007 | $0.255 |
| Sep 28, 2007 | $0.050 |
| Jun 29, 2007 | $0.049 |
| Mar 30, 2007 | $0.058 |
| Dec 29, 2006 | $0.180 |
| Sep 29, 2006 | $0.054 |
| Jun 30, 2006 | $0.051 |
| Mar 31, 2006 | $0.043 |
| Sep 30, 2005 | $0.016 |
THMAX - Fund Manager Analysis
Managers
Mark Simenstad
Start Date
Tenure
Tenure Rank
Jun 30, 2005
15.35
15.4%
Mark L. Simenstad, CFA, is Chief Investment Strategist for Thrivent Asset Management and has been with Thrivent since 1999. He was previously vice president of Fixed Income Mutual Funds and Separate Accounts.
Stephen Lowe
Start Date
Tenure
Tenure Rank
Apr 29, 2016
4.51
4.5%
Mr. Lowe has been a senior portfolio manager of the high yield portion of Thrivent Financial’s general account since 2005. Prior to this position, he was, since 2004, a high yield research manager and, since 2002, an associate portfolio manager of the high yield portion of the general account. He has been with Thrivent Financial since 1997.
David Royal
Start Date
Tenure
Tenure Rank
Apr 30, 2018
2.51
2.5%
Mr. Royal is Chief Investment Officer and has been with Thrivent Financial since 2006.
David Spangler
Start Date
Tenure
Tenure Rank
Feb 28, 2019
1.67
1.7%
Mr. Spangler has been with Thrivent since 2002. He was director of investment product management from 2002 to 2006. Mr. Spangler has been in an investment management capacity since 2005 and currently is a Senior Portfolio Manager. He was previously vice president of Mutual Funds Product Development at Wells Fargo Funds Management, LLC from 2000 to 2002.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.03 | 36.86 | 6.24 | 0.83 |