Thrivent Moderate Allocation Fund Class A NMFQS:THMAX

Allocation--50% to 70% Equity | Thrivent Funds

$16.77

↑ $0.07 (0.42%)

Last Updated: Feb 09, 2026

Fund Information

Fund Category Allocation--50% to 70% Equity

Fund Family Thrivent Funds

Fund Style Large Blend

ISIN US8858823169

CUSIP 885882316

Inception Date 2005-06-30

Domicile United States

Country USA

Fiscal Year End October

NAV Chart

Fund Metrics

Net Assets $4.19 Billion

Share Class Net Assets $2.09 Billion

Expense Ratio 1.06%

Expense Ratio Date 2025-02-28

Dividend Yield 0.02%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 1.70%

1-Year Return 12.73%

3-Year Return 12.47%

5-Year Return 7.15%

NAV $16.77

Previous Close Price $16.70

Last Update 2025-12-31

Dividend Information

Dividend Yield 0.02%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Thrivent Moderate Allocation Fund Class A

The fund pursues its objective by investing in a combination of other funds managed by the Adviser and directly held financial instruments. It is designed for investors who seek moderate long-term capital growth with reasonable stability of principal and are comfortable with moderate levels of risk and volatility. The fund allocates 45%-85% of its assets in equity securities, and 15%-55% in debt securities.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 232590.87%

Giant 30.46%

Large 21.74%

Medium 14.99%

Micro 1.04%

Small 5.80%

Value & Growth Metrics

Book-Value Growth % 7.19%

Cash-Flow Growth % 6.31%

Dividend Yield % 1.50%

Historical Earnings % 6.66%

Long-Term Earnings % 9.64%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	25.78%	25.78%	0.00%	42.35%	35.37%
Cash	-7.46%	6.68%	14.14%	12.77%	0.00%
Non US Stock	3.41%	7.73%	4.32%	8.75%	8.03%
Not Classified	0.14%	0.14%	0.00%	0.66%	0.00%
Other	14.91%	14.91%	0.01%	8.25%	4.52%
US Stock	63.21%	66.80%	3.59%	53.77%	52.06%

Top Holdings

Name	Weight	Owned	Change
Thrivent Core Short-Term Reserve Fund	9.90%	-	-
Thrivent Large Cap Growth Fund, Class S	11.86%	-	-
Thrivent Large Cap Value Fund, Class S	9.77%	-	-
Thrivent Mid Cap Stock Fund, Class S	2.16%	-	-
Thrivent International Allocation Fund, Class S	3.81%	-	-
Thrivent Income Fund, Class S	3.05%	-	-
Thrivent Global Stock Fund, Class S	2.52%	-	-
Thrivent Limited Maturity Bond Fund, Class S	1.89%	-	-
Thrivent Core Emerging Markets Debt Fund	1.54%	-	-
Thrivent Core Small Cap Value Fund	1.59%	-	-
Thrivent Small Cap Stock Fund, Class S	1.37%	-	-
Thrivent International Equity Fund, Class S	4.27%	-	-
State Street Institutional U.S. Government Money Market Fund	3.78%	-	-
Thrivent Short-Term Bond Fund, Class S	1.75%	-	-

See the full breakdown of THMAX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	3.09%	15.88%	20.36%	0.01%
Bond Sector	Corporate	3.09%	19.62%	33.13%	27.47%
Bond Sector	Derivative	3.09%	6.52%	0.00%	0.00%
Bond Sector	Government	3.09%	40.60%	20.54%	49.10%
Bond Sector	Municipal	3.09%	0.16%	0.00%	0.03%
Bond Sector	Securitized	3.09%	17.23%	25.97%	23.39%
Cyclical	Basic Materials	2.55%	2.83%	0.00%	2.56%
Cyclical	Consumer Cyclical	10.73%	10.42%	0.00%	10.55%
Cyclical	Financial Services	14.70%	15.67%	0.00%	14.67%
Cyclical	Real Estate	2.22%	1.76%	0.00%	2.24%
Defensive	Consumer Defensive	3.58%	4.96%	0.00%	4.70%
Defensive	Healthcare	9.58%	10.74%	0.00%	9.66%
Defensive	Utilities	3.09%	3.08%	0.00%	2.34%
Sensitive	Communication Services	10.10%	9.41%	0.00%	9.67%
Sensitive	Energy	3.44%	3.23%	0.00%	3.05%
Sensitive	Industrials	9.85%	9.83%	0.00%	9.66%
Sensitive	Technology	30.15%	28.07%	0.00%	30.89%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.33%	0.09%	0.29%
Americas	North America	87.25%	90.06%	87.95%
Greater Asia	Asia Developed	1.82%	1.71%	0.94%
Greater Asia	Asia Emerging	1.03%	0.34%	0.95%
Greater Asia	Australasia	0.42%	0.45%	0.70%
Greater Asia	Japan	1.84%	1.70%	2.46%
Greater Europe	Africa/Middle East	0.25%	0.14%	0.29%
Greater Europe	Europe Developed	5.12%	4.07%	4.93%
Greater Europe	Europe Emerging	0.06%	0.02%	0.08%
Greater Europe	United Kingdom	1.88%	1.42%	1.42%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-31	$0.167	$0.167	USD	-	-	-	-
2024-09-30	$0.066	$0.066	USD	-	2024-09-27	2024-09-30	Quarterly
2024-06-28	$0.064	$0.064	USD	-	2024-06-27	2024-06-28	Quarterly
2024-03-28	$0.053	$0.053	USD	-	2024-03-27	2024-03-28	Quarterly
2023-12-29	$0.143	$0.143	USD	-	2023-12-28	2023-12-29	Quarterly
2023-09-29	$0.055	$0.055	USD	-	2023-09-28	2023-09-29	Quarterly
2023-06-30	$0.054	$0.054	USD	-	2023-06-29	2023-07-03	Quarterly
2023-03-31	$0.047	$0.047	USD	-	2023-03-30	2023-03-31	Quarterly
2022-12-30	$0.100	$0.100	USD	-	2022-12-29	2022-12-30	Quarterly
2022-09-30	$0.036	$0.036	USD	-	2022-09-29	2022-09-30	Quarterly
2022-06-30	$0.028	$0.028	USD	-	2022-06-29	2022-06-30	Quarterly
2022-03-31	$0.020	$0.020	USD	2022-03-31	2022-03-30	2022-03-31	Quarterly
2021-12-31	$0.149	$0.149	USD	2021-12-30	2021-12-30	2021-12-31	Quarterly
2021-09-30	$0.022	$0.022	USD	-	2021-09-29	2021-09-30	Quarterly
2021-06-30	$0.023	$0.023	USD	2021-06-29	2021-06-29	2021-06-30	Quarterly
2021-03-31	$0.020	$0.020	USD	2021-03-31	2021-03-30	2021-03-31	Quarterly
2020-12-31	$0.079	$0.079	USD	2020-12-30	2020-12-30	2020-12-31	Quarterly
2020-09-30	$0.027	$0.027	USD	2020-09-30	2020-09-29	2020-09-30	Quarterly
2020-06-30	$0.032	$0.032	USD	2020-06-30	2020-06-29	2020-06-30	Quarterly
2020-03-31	$0.030	$0.030	USD	2020-03-30	2020-03-30	2020-03-31	Quarterly
2019-12-31	$0.092	$0.092	USD	2019-12-30	2019-12-30	2019-12-31	Quarterly
2019-09-30	$0.040	$0.040	USD	2019-09-27	2019-09-27	2019-09-30	Quarterly
2019-06-28	$0.039	$0.039	USD	-	-	-	-
2019-03-29	$0.041	$0.041	USD	2019-03-29	2019-03-28	2019-03-29	Quarterly
2018-12-31	$0.122	$0.122	USD	2018-12-31	2018-12-28	2018-12-31	Quarterly
2018-09-28	$0.042	$0.042	USD	-	-	-	-
2018-06-29	$0.044	$0.044	USD	2018-06-29	2018-06-28	2018-06-29	Quarterly
2018-03-29	$0.033	$0.033	USD	2018-03-29	2018-03-28	2018-03-29	Quarterly
2017-12-29	$0.095	$0.095	USD	2017-12-29	2017-12-28	2017-12-29	Quarterly
2017-09-29	$0.034	$0.034	USD	2017-09-29	2017-09-28	2017-09-29	Quarterly
2017-06-30	$0.033	$0.033	USD	2017-06-30	2017-06-29	2017-06-30	Quarterly
2017-03-31	$0.030	$0.030	USD	2017-03-31	2017-03-30	2017-03-31	Quarterly
2016-12-30	$0.071	$0.071	USD	2016-12-30	2016-12-29	2016-12-30	Quarterly
2016-09-30	$0.030	$0.030	USD	2016-09-30	2016-09-29	2016-09-30	Quarterly
2016-06-30	$0.033	$0.033	USD	2016-06-30	2016-06-29	2016-06-30	Quarterly
2016-03-31	$0.029	$0.029	USD	2016-03-31	2016-03-30	2016-03-31	Quarterly
2015-12-31	$0.060	$0.060	USD	2015-12-31	2015-12-30	2015-12-31	Quarterly
2015-09-30	$0.031	$0.031	USD	2015-09-30	2015-09-29	2015-09-30	Quarterly
2015-06-30	$0.028	$0.028	USD	2015-06-30	2015-06-29	2015-06-30	Quarterly
2015-03-31	$0.025	$0.025	USD	2015-03-31	2015-03-30	2015-03-31	Quarterly
2014-12-31	$0.094	$0.094	USD	2014-12-31	2014-12-30	2014-12-30	Quarterly
2014-09-30	$0.030	$0.030	USD	2014-09-30	2014-09-29	2014-09-30	Quarterly
2014-06-30	$0.030	$0.030	USD	2014-06-30	2014-06-27	2014-06-30	Quarterly
2014-03-31	$0.031	$0.031	USD	2014-03-31	2014-03-28	2014-03-31	Quarterly
2013-12-31	$0.106	$0.106	USD	2013-12-31	2013-12-30	2013-12-31	Quarterly
2013-09-30	$0.036	$0.036	USD	2013-09-30	2013-09-27	2013-09-30	Quarterly
2013-06-28	$0.027	$0.027	USD	2013-06-28	2013-06-27	2013-06-28	Quarterly
2013-03-28	$0.020	$0.020	USD	2013-03-28	2013-03-27	2013-03-28	Quarterly
2012-12-31	$0.107	$0.107	USD	2012-12-31	2012-12-28	2012-12-31	Quarterly
2012-09-28	$0.030	$0.030	USD	-	2012-09-27	2012-09-28	Quarterly
2012-06-29	$0.031	$0.031	USD	-	2012-06-28	2012-06-29	Quarterly
2012-03-30	$0.037	$0.037	USD	-	2012-03-29	2012-03-30	Quarterly
2011-12-30	$0.068	$0.068	USD	-	2011-12-29	2011-12-30	Quarterly
2011-09-30	$0.051	$0.051	USD	-	2011-09-29	2011-09-30	Quarterly
2011-06-30	$0.041	$0.041	USD	-	2011-06-29	2011-06-30	Quarterly
2011-03-31	$0.042	$0.042	USD	-	2011-03-30	2011-03-31	Quarterly
2010-12-31	$0.085	$0.085	USD	-	2010-12-30	2010-12-31	Quarterly
2010-09-30	$0.051	$0.051	USD	-	2010-09-29	2010-09-30	Quarterly
2010-06-30	$0.047	$0.047	USD	-	2010-06-29	2010-06-30	Quarterly
2010-04-06	$0.007	$0.007	USD	-	-	-	-
2010-03-31	$0.042	$0.042	USD	-	2010-03-30	2010-03-31	Quarterly
2009-12-31	$0.081	$0.081	USD	-	2009-12-30	2009-12-31	Quarterly
2009-09-30	$0.044	$0.044	USD	-	2009-09-29	2009-09-30	Quarterly
2009-06-30	$0.048	$0.048	USD	-	2009-06-29	2009-06-30	Quarterly
2009-03-31	$0.050	$0.050	USD	-	2009-03-30	2009-03-31	Quarterly
2008-12-31	$0.122	$0.122	USD	-	2008-12-30	2008-12-31	Quarterly
2008-09-30	$0.052	$0.052	USD	-	2008-09-29	2008-09-30	Quarterly
2008-06-30	$0.050	$0.050	USD	-	2008-06-27	2008-06-30	Quarterly
2008-03-31	$0.050	$0.050	USD	-	2008-02-28	2008-03-31	Quarterly
2007-12-31	$0.255	$0.255	USD	-	2007-12-28	2007-12-31	Quarterly
2007-09-28	$0.050	$0.050	USD	-	2007-09-27	2007-09-28	Quarterly
2007-06-29	$0.049	$0.049	USD	-	2007-06-28	2007-06-29	Quarterly
2007-03-30	$0.058	$0.058	USD	-	2007-03-29	2007-03-30	Quarterly
2006-12-29	$0.180	$0.180	USD	-	2006-12-28	2006-12-29	Quarterly
2006-10-02	$0.054	$0.054	USD	-	2006-09-29	2006-09-29	Quarterly
2006-07-03	$0.051	$0.051	USD	-	2006-06-30	2006-06-30	Quarterly
2006-04-03	$0.043	$0.043	USD	-	2006-03-31	2006-03-31	Quarterly
2005-12-30	$0.125	$0.125	USD	-	-	-	-
2005-09-30	$0.016	$0.016	USD	-	-	-	-