Thrivent Moderate Allocation Fund Class A (THMAX)

Fund Assets	4.14B
Expense Ratio	1.067%
Min. Investment	$2,000
Turnover	50.00%
Dividend (ttm)	0.28
Dividend Yield	1.60%
Dividend Growth	-16.86%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 30, 2026

Previous Close	17.42
YTD Return	6.32%
1-Year Return	8.23%
5-Year Return	38.73%
52-Week Low	15.86
52-Week High	17.87
Beta (5Y)	0.71
Holdings	1344
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 8.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.04%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
SWBGX	Schwab	Schwab MarketTrack Balanced Portfolio™	0.49%
SWCGX	Schwab	Schwab MarketTrack Conservative Portfolio™	0.49%
FASMX	Fidelity	Fidelity Asset Manager 50%	0.55%
FFAMX	Fidelity	Fidelity Advisor Asset Manager 50% A	0.79%
FFCMX	Fidelity	Fidelity Advisor Asset Manager 50% C	1.63%

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

57.53% of assets

Name	Symbol	Weight
Thrivent Large Cap Growth Fund Class S	THLCX	11.47%
Thrivent Large Cap Value Fund Class S	TLVIX	11.04%
E-mini S&P 500 Future Sept 26	n/a	8.09%
Thrivent Core Fds	n/a	6.62%
Thrivent International Equity Class S	TWAIX	4.83%
State Street Instl US Govt MMkt Premier	GVMXX	4.03%
Thrivent Core Investment Grd Corp Bd	n/a	3.25%
Thrivent Income Fund Class S	LBIIX	2.79%
MSCI EAFE Index Future Sept 26	n/a	2.71%
Thrivent Global Stock Fund Class S	IILGX	2.71%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.05349	Sep 30, 2026
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

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:

Oct 25, 2026

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