Thrivent Moderate Allocation Fund Class A (THMAX)
| Fund Assets | 4.14B |
| Expense Ratio | 1.06% |
| Min. Investment | $2,000 |
| Turnover | 50.00% |
| Dividend (ttm) | 1.18 |
| Dividend Yield | 6.73% |
| Dividend Growth | 4.01% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 17.47 |
| YTD Return | 1.45% |
| 1-Year Return | 12.13% |
| 5-Year Return | 28.42% |
| 52-Week Low | 13.91 |
| 52-Week High | 17.63 |
| Beta (5Y) | 0.72 |
| Holdings | 2450 |
| Inception Date | Jun 30, 2005 |
About THMAX
Thrivent Moderate Allocation Fund Class A is a mutual fund designed to provide a balanced approach to long-term capital growth with a focus on maintaining reasonable stability of principal. As a moderate allocation fund, it represents the mid-point risk option within Thrivent’s suite of asset allocation strategies, making it suitable for investors with a medium to long-term time horizon and moderate risk tolerance. The fund achieves its objectives through a diversified global portfolio, allocating its assets across major equity and fixed income sectors. Typically, the asset mix targets approximately 53% in equity funds, 32% in fixed income funds, 5% in real estate, and 10% in cash and other short-term instruments. The fund is actively managed, combining direct investments in individual securities with investments in other Thrivent-managed funds. As of recent data, it holds more than 2,000 positions, reflecting broad diversification. The fund is managed by a seasoned investment team and emphasizes medium credit quality and moderate interest rate sensitivity. Its structure and management aim to balance growth and risk, playing a significant role for investors seeking a cornerstone holding that blends stocks and bonds in one vehicle.
Performance
THMAX had a total return of 12.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.94%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| TMAIX | Class S | 0.83% |
Top 10 Holdings
65.96% of assets| Name | Symbol | Weight |
|---|---|---|
| E-mini S&P 500 Future Dec 25 | n/a | 14.89% |
| Thrivent Large Cap Growth Fund Class S | THLCX | 12.22% |
| Thrivent Large Cap Value Fund Class S | TLVIX | 10.41% |
| Thrivent Core Fds | n/a | 10.37% |
| Thrivent International Equity Class S | TWAIX | 4.51% |
| State Street U.S. Government Money Market Portfolio | GVMXX | 3.54% |
| Thrivent Income Fund Class S | LBIIX | 3.21% |
| Thrivent Global Stock Fund Class S | IILGX | 2.64% |
| Thrivent Mid Cap Stock Fund Class S | TMSIX | 2.32% |
| Thrivent Short-Term Bond Class S | THLIX | 1.84% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.11936 | Dec 31, 2025 |
| Dec 11, 2025 | $0.8931 | Dec 11, 2025 |
| Sep 30, 2025 | $0.06122 | Sep 30, 2025 |
| Jun 30, 2025 | $0.04061 | Jun 30, 2025 |
| Mar 31, 2025 | $0.06505 | Mar 31, 2025 |
| Dec 31, 2024 | $0.1672 | Dec 31, 2024 |