About AAHYX
Thrivent Conservative Allocation Fund Class A is an actively managed mutual fund within Thrivent’s asset allocation lineup. It is designed as a conservative allocation strategy that **seeks to maximize income while maintaining prospects for capital appreciation**, primarily by investing most of its assets in bonds and a smaller portion in equities. Under normal conditions, the portfolio holds roughly 60–95% in debt securities and 5–40% in equity securities, including common and preferred stocks, convertibles, and equity-linked instruments. The fund typically emphasizes high-quality U.S. fixed income while using equity exposure to support long-term growth. It sits in Morningstar’s **Conservative Allocation** category, which targets lower volatility and prioritizes capital preservation alongside income generation. With hundreds of individual holdings, use of underlying Thrivent core funds, and diversified sector exposure across technology, financials, health care, and other industries, the fund serves as a single-fund solution for investors seeking a professionally managed conservative mix of stocks, bonds, and cash equivalents.
Fund Family Thrivent Funds
Category Allocation--15% to 30% Equity
Stock Exchange NASDAQ
Ticker Symbol AAHYX
Share Class Class A
Index Bloomberg US MBS TR
AAHYX had a total return of 10.48% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.17%.
