THMAX: Thrivent Moderate Allocation Fund - MutualFunds.com

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Thrivent Moderate Allocation A

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

$15.27
$11.18
$15.30

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


Compare THMAX to Popular U.S. Balanced Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$30.03

-0.23%

$166.16 B

1.33%

$0.40

5.37%

0.58%

$45.71

-0.35%

$104.44 B

2.19%

$1.00

5.37%

0.25%

$43.15

-0.25%

$46.53 B

1.31%

$0.57

9.99%

0.18%

$35.52

-0.31%

$40.35 B

1.35%

$0.48

13.77%

0.70%

$27.17

-0.29%

$36.20 B

1.46%

$0.40

10.45%

0.52%

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%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Thrivent Moderate Allocation Fund
  • Fund Family Name
    Thrivent Funds
  • Inception Date
    Jun 30, 2005
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Mark 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

  1. E-mini S&P 500 Future Sept 20 9.49%
  2. E-mini S&P 500 Future Sept 20 9.49%
  3. E-mini S&P 500 Future Sept 20 9.49%
  4. E-mini S&P 500 Future Sept 20 9.49%
  5. E-mini S&P 500 Future Sept 20 9.49%
  6. E-mini S&P 500 Future Sept 20 9.49%
  7. E-mini S&P 500 Future Sept 20 9.49%
  8. E-mini S&P 500 Future Sept 20 9.49%
  9. E-mini S&P 500 Future Sept 20 9.49%
  10. 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

View More +

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