MoA Retirement Income Fund (MARMX)
| Fund Assets | 300.26M |
| Expense Ratio | n/a |
| Min. Investment | $1,000 |
| Turnover | 28.84% |
| Dividend (ttm) | 0.59 |
| Dividend Yield | 4.97% |
| Dividend Growth | 90.53% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jun 26, 2025 |
| Previous Close | 11.79 |
| YTD Return | 6.68% |
| 1-Year Return | 6.96% |
| 5-Year Return | 969.68% |
| 52-Week Low | 10.76 |
| 52-Week High | 11.86 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About MARMX
The MoA Retirement Income Fund is a target-date mutual fund specifically designed to provide continued income for individuals who have reached or are more than 10 years beyond their retirement goal. Its primary objective is to generate current income while focusing on preservation of capital, and it also aims for modest capital appreciation. The fund uses a conservative allocation strategy, typically investing about 75% of its assets in fixed income instruments through MoA Funds and the remaining 25% in equity MoA Funds. This composition is complemented by active management within the fixed income segment and periodic portfolio adjustments to maintain stability and income generation. Notable features include monthly dividend distributions, moderate interest rate sensitivity, and a credit quality profile suited for capital preservation. The MoA Retirement Income Fund takes a 'fund-of-funds' approach, meaning it diversifies by investing in a carefully selected mix of other MoA-managed mutual funds, encompassing bonds, equities, and money market instruments. Its role in the financial market is to offer retirees a simple, professionally managed solution that balances the need for current income with the challenges of longevity, inflation, and market volatility. The fund stands out for its low to moderate expenses, straightforward structure, and focus on retirement income management.
Performance
MARMX had a total return of 6.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 58.64%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2025 | $0.12763 | Jun 27, 2025 |
| Dec 19, 2024 | $0.35934 | Dec 20, 2024 |
| Oct 3, 2024 | $0.1018 | Oct 4, 2024 |
| Jun 12, 2024 | $0.13938 | Jun 13, 2024 |
| Dec 21, 2023 | $0.16892 | Dec 22, 2023 |
| Oct 5, 2023 | $0.00071 | Oct 6, 2023 |