About AAHYX
Thrivent Conservative Allocation Fund Class A is a mutual fund designed to maximize income while maintaining prospects for capital appreciation through a diversified portfolio. It primarily invests 60-95% in debt securities of varying maturities, including investment-grade corporate bonds, government bonds, mortgage-backed securities, and higher-yielding fixed income instruments, with the remainder allocated to equities for growth potential. The fund holds a broad mix of assets such as U.S. Treasury notes, Federal National Mortgage Association pass-through securities, and other Thrivent-managed funds focusing on emerging markets debt, international equities, and cash management. As the most conservative option in Thrivent's asset allocation suite, it emphasizes income generation and risk management through sector diversification and active management by experienced professionals. This Class A share features a front-end sales charge, making it accessible through financial professionals for investors seeking stable income with modest capital growth in conservative allocation strategies.
Fund Family Thrivent Funds
Category Allocation--15% to 30% Equity
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol AAHYX
Share Class Class A
Index Bloomberg US MBS TR
AAHYX had a total return of 8.88% in the past year, including dividends.
Since the fund's inception, the average annual return has been 4.35%.
