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 | 6.94% |
| Dividend Growth | 4.01% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 16.29 |
| YTD Return | -1.58% |
| 1-Year Return | 13.81% |
| 5-Year Return | 39.15% |
| 52-Week Low | 14.14 |
| 52-Week High | 17.54 |
| Beta (5Y) | 0.72 |
| Holdings | 2473 |
| 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 13.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.82%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FSCNX | Fidelity | Fidelity Advisor Asset Manager 60% - Class C | 1.69% |
| FFTMX | Fidelity | Fidelity Advisor Asset Manager 50% - Class M | 1.08% |
| FSATX | Fidelity | Fidelity Advisor Asset Manager 60% - Class M | 1.19% |
| SWCGX | Schwab | Schwab MarketTrack Conservative Portfolio™ | 0.49% |
| SWBGX | Schwab | Schwab MarketTrack Balanced Portfolio™ | 0.48% |
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
59.20% of assets| Name | Symbol | Weight |
|---|---|---|
| Thrivent Large Cap Growth Fund Class S | THLCX | 11.89% |
| Thrivent Large Cap Value Fund Class S | TLVIX | 10.92% |
| Thrivent Core Fds | n/a | 9.43% |
| E-mini S&P 500 Future Mar 26 | n/a | 8.08% |
| Thrivent International Equity Class S | TWAIX | 4.88% |
| State Street U.S. Government Money Market Portfolio | GVMXX | 3.74% |
| Thrivent Income Fund Class S | LBIIX | 3.18% |
| Thrivent Global Stock Fund Class S | IILGX | 2.73% |
| Thrivent Mid Cap Stock Fund Class S | TMSIX | 2.35% |
| MSCI EAFE Index Future Mar 26 | n/a | 1.99% |
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 |