Thrivent Moderate Allocation A
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
8.8%
1 yr return
18.1%
3 Yr Avg Return
10.8%
5 Yr Avg Return
10.0%
Net Assets
$3.65 B
Holdings in Top 10
57.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.04%
SALES FEES
Front Load 4.50%
Deferred Load N/A
TRADING FEES
Turnover 117.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Allocation--50% to 70% Equity
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
THMAX - Profile
Distributions
- YTD Total Return 8.8%
- 3 Yr Annualized Total Return 9.1%
- 5 Yr Annualized Total Return 9.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.32%
- Dividend Yield 0.9%
- 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
-
ManagerStephen Lowe
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 | 8.8% | -3.6% | 95.9% | 64.47% |
| 1 Yr | 18.1% | -5.2% | 64.4% | 75.98% |
| 3 Yr | 10.8%* | -3.2% | 18.8% | 53.29% |
| 5 Yr | 10.0%* | 0.6% | 18.8% | 58.40% |
| 10 Yr | 8.7%* | 2.0% | 14.0% | 69.81% |
* Annualized
Return Ranking - Calendar
| Period | THMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 8.8% | -39.0% | 28.7% | 34.10% |
| 2019 | 12.3% | -5.8% | 26.1% | 67.83% |
| 2018 | -8.8% | -32.7% | 0.0% | 19.87% |
| 2017 | 7.7% | -6.5% | 22.4% | 58.59% |
| 2016 | 6.3% | -43.7% | 18.6% | 17.25% |
Total Return Ranking - Trailing
| Period | THMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.8% | -3.6% | 95.9% | 64.34% |
| 1 Yr | 12.8% | -5.2% | 64.4% | 91.86% |
| 3 Yr | 9.1%* | -3.2% | 18.8% | 66.87% |
| 5 Yr | 9.0%* | -0.5% | 18.8% | 66.71% |
| 10 Yr | 8.2%* | 1.9% | 14.0% | 76.58% |
* Annualized
Total Return Ranking - Calendar
| Period | THMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 8.8% | -39.0% | 28.7% | 34.10% |
| 2019 | 12.3% | -5.8% | 26.1% | 67.83% |
| 2018 | -8.8% | -32.7% | 0.8% | 53.68% |
| 2017 | 7.7% | -3.7% | 31.9% | 85.69% |
| 2016 | 6.3% | -43.7% | 19.8% | 46.34% |
NAV & Total Return History
THMAX - Holdings
Concentration Analysis
| THMAX | Category Low | Category High | THMAX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.65 B | 786 K | 215 B | 25.11% |
| Number of Holdings | 2119 | 1 | 15392 | 3.09% |
| Net Assets in Top 10 | 1.1 B | -201 M | 47.4 B | 31.63% |
| Weighting of Top 10 | 57.39% | 8.1% | 100.0% | 36.42% |
Top 10 Holdings
- E-mini S&P 500 Future Sept 21 11.91%
- E-mini S&P 500 Future Sept 21 11.91%
- E-mini S&P 500 Future Sept 21 11.91%
- E-mini S&P 500 Future Sept 21 11.91%
- E-mini S&P 500 Future Sept 21 11.91%
- E-mini S&P 500 Future Sept 21 11.91%
- E-mini S&P 500 Future Sept 21 11.91%
- E-mini S&P 500 Future Sept 21 11.91%
- E-mini S&P 500 Future Sept 21 11.91%
- E-mini S&P 500 Future Sept 21 11.91%
Asset Allocation
| Weighting | Return Low | Return High | THMAX % Rank | |
|---|---|---|---|---|
| Stocks | 54.77% | 0.00% | 135.66% | 81.93% |
| Bonds | 33.82% | 0.00% | 118.02% | 36.74% |
| Cash | 7.27% | -54.99% | 100.00% | 18.19% |
| Other | 3.51% | -6.69% | 67.29% | 9.87% |
| Convertible Bonds | 0.60% | 0.00% | 26.00% | 40.78% |
| Preferred Stocks | 0.04% | 0.00% | 21.17% | 56.36% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | THMAX % Rank | |
|---|---|---|---|---|
| Technology | 19.38% | 0.00% | 57.21% | 44.93% |
| Financial Services | 16.45% | 0.00% | 100.00% | 27.29% |
| Healthcare | 12.98% | 0.00% | 52.26% | 53.40% |
| Industrials | 12.64% | 0.00% | 33.21% | 20.14% |
| Consumer Cyclical | 12.45% | 0.00% | 38.28% | 28.84% |
| Communication Services | 7.89% | 0.00% | 28.21% | 61.14% |
| Consumer Defense | 5.01% | 0.00% | 25.55% | 76.64% |
| Real Estate | 4.02% | 0.00% | 99.15% | 41.00% |
| Basic Materials | 3.94% | 0.00% | 34.29% | 50.06% |
| Energy | 3.07% | 0.00% | 57.95% | 51.49% |
| Utilities | 2.18% | 0.00% | 99.15% | 69.37% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | THMAX % Rank | |
|---|---|---|---|---|
| US | 42.78% | 0.00% | 134.30% | 71.58% |
| Non US | 11.99% | 0.00% | 38.24% | 45.42% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | THMAX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 31.23% | 0.00% | 100.00% | 9.87% |
| Corporate | 30.70% | 0.00% | 99.71% | 62.31% |
| Securitized | 21.23% | 0.00% | 90.03% | 31.03% |
| Government | 16.82% | 0.00% | 100.00% | 70.27% |
| Municipal | 0.02% | 0.00% | 98.19% | 68.01% |
| Derivative | 0.00% | 0.00% | 32.51% | 94.17% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | THMAX % Rank | |
|---|---|---|---|---|
| US | 30.64% | 0.00% | 65.90% | 30.68% |
| Non US | 3.18% | -17.26% | 95.28% | 61.12% |
THMAX - Expenses
Operational Fees
| THMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.04% | 0.06% | 5.49% | 45.35% |
| Management Fee | 0.62% | 0.00% | 2.00% | 75.35% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 53.02% |
| Administrative Fee | 0.02% | 0.01% | 0.83% | 2.63% |
Sales Fees
| THMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 4.50% | 0.00% | 5.75% | 35.39% |
| 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 | 117.00% | 0.00% | 435.00% | 85.99% |
THMAX - Distributions
Dividend Yield Analysis
| THMAX | Category Low | Category High | THMAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.90% | 0.00% | 3.74% | 91.66% |
Dividend Distribution Analysis
| THMAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| THMAX | Category Low | Category High | THMAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.32% | -1.95% | 11.02% | 56.09% |
Capital Gain Distribution Analysis
| THMAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | 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
Stephen Lowe
Start Date
Tenure
Tenure Rank
Apr 29, 2016
5.34
5.3%
Steve Lowe, CFA, joined Thrivent in 1997. He is the Chief Investment Strategist and has served on Thrivent's Model Portfolios Committee since 2017. He was most recently the Head of Fixed-Income Mutual Funds and has also served as the portfolio manager of various Thrivent mutual funds since 2009, including the Thrivent Asset Allocation Funds since 2016.
David Royal
Start Date
Tenure
Tenure Rank
Apr 30, 2018
3.34
3.3%
David Royal joined Thrivent in 2006. He is the President and Chief Investment Officer of Thrivent Mutual Funds and has served on the Thrivent Model Portfolio's Committee since 2018. He has also served as a portfolio manager on the Thrivent Asset Allocation Funds since 2018.
David Spangler
Start Date
Tenure
Tenure Rank
Feb 28, 2019
2.51
2.5%
David Spangler, CFA joined Thrivent in 2002 serving as Director of Thrivent’s Investment Product Management group. Currently, he is the Head of Mixed Asset and Market Strategies. He has served on Thrivent's Model Portfolios Committee since 2019. He has also served as a portfolio manager on the Thrivent Asset Allocation Funds since 2019.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.07 | 37.69 | 6.27 | 1.67 |