Thrivent Moderate Allocation Fund Class A (THMAX)

Fund Assets	4.14B
Expense Ratio	1.08%
Min. Investment	$2,000
Turnover	50.00%
Dividend (ttm)	1.18
Dividend Yield	6.36%
Dividend Growth	5.00%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 30, 2026

Previous Close	17.71
YTD Return	8.62%
1-Year Return	15.26%
5-Year Return	43.46%
52-Week Low	15.86
52-Week High	17.80
Beta (5Y)	0.71
Holdings	1289
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.

• Fund Family: Thrivent Funds
• Category: Allocation--50% to 70% Equity
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: THMAX
• Share Class: Class A
• Index: S&P 500 TR

Performance

THMAX had a total return of 15.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.21%.

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	1.67%
FFTMX	Fidelity	Fidelity Advisor Asset Manager 50% - Class M	1.07%
FSATX	Fidelity	Fidelity Advisor Asset Manager 60% - Class M	1.17%
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	0.86%

Top 10 Holdings

51.52% of assets

Name	Symbol	Weight
THRIVENT MUTUAL FUNDS - Thrivent Large Cap Growth Fund, Class S	n/a	11.31%
THRIVENT MUTUAL FUNDS - Thrivent Large Cap Value Fund, Class S	n/a	10.63%
THRIVENT MUTUAL FUNDS - Thrivent Core Short-Term Reserve Fund	n/a	8.18%
THRIVENT MUTUAL FUNDS - Thrivent International Equity Fund, Class S	n/a	4.67%
State Street Institutional U.S. Government Money Market Fund Premier Class	GVMXX	3.48%
THRIVENT MUTUAL FUNDS - Thrivent Core Investment Grade Corporate Bond Fund	n/a	3.36%
Thrivent Income Fund Class S	LBIIX	2.93%
THRIVENT MUTUAL FUNDS - Thrivent Global Stock Fund, Class S	n/a	2.63%
THRIVENT MUTUAL FUNDS - Thrivent Mid Cap Stock Fund, Class S	n/a	2.35%
THRIVENT MUTUAL FUNDS - Thrivent Core High Yield Bond Fund	n/a	1.98%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 30, 2026	$0.05439	Jun 30, 2026
Mar 31, 2026	$0.05051	Mar 31, 2026
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 9, 2026

Data Sources Report a data error