Mutual of America Conservative Allocation Fund (MACAX)
The fund primarily invests in fixed income shares of other funds within the Investment Company, with a target allocation of 65% in fixed income funds and 35% in equity funds.
Fund Info
Nov 29, 2021
$0
Large-Cap
Blend
Expense Ratio
MACAX has an expense ratio of 0.08%, which is considered low.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Mutual of America Conservative Allocation Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Mutual of America Conservative Allocation Fund had a return of -0.00% year-to-date (YTD) and 4.86% in the last 12 months.
MACAX
-0.00%
-1.38%
-1.01%
4.86%
N/A
N/A
^GSPC (Benchmark)
-6.75%
-5.05%
-5.60%
8.15%
14.14%
10.05%
Monthly Returns
The table below presents the monthly returns of MACAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.57% | 0.69% | -1.54% | -0.70% | -0.00% | ||||||||
| 2024 | 0.36% | 0.98% | 1.77% | -2.69% | 2.59% | 1.34% | 2.00% | 1.45% | 1.34% | -3.23% | 2.57% | -2.74% | 5.62% |
| 2023 | 3.94% | -2.22% | 2.37% | 0.92% | -1.01% | 2.17% | 1.37% | -0.99% | -2.73% | -2.40% | 5.18% | 3.20% | 9.82% |
| 2022 | -2.80% | -1.28% | -0.81% | -4.58% | 0.60% | -3.79% | 4.10% | -3.00% | -5.30% | -2.05% | 4.00% | -3.91% | -17.71% |
| 2021 | -0.47% | 0.48% | 0.95% | 2.27% | 0.54% | 0.75% | 1.29% | 0.90% | -1.86% | 0.23% | -0.45% | -1.52% | 3.05% |
| 2020 | 1.57% | 2.33% | 1.52% | -3.07% | -1.10% | 4.37% | 0.05% | 5.62% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MACAX is 65, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Mutual of America Conservative Allocation Fund (MACAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Mutual of America Conservative Allocation Fund provided a 3.11% dividend yield over the last twelve months, with an annual payout of $0.36 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Dividend | $0.36 | $0.36 | $0.26 | $0.19 | $0.20 | $0.74 |
Dividend yield | 3.11% | 3.11% | 2.30% | 1.81% | 1.55% | 5.86% |
Monthly Dividends
The table displays the monthly dividend distributions for Mutual of America Conservative Allocation Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.36 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.26 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.19 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.20 |
| 2020 | $0.25 | $0.00 | $0.00 | $0.49 | $0.74 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Mutual of America Conservative Allocation Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Mutual of America Conservative Allocation Fund was 22.91%, occurring on Oct 14, 2022. The portfolio has not yet recovered.
The current Mutual of America Conservative Allocation Fund drawdown is 8.10%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.91% | Sep 7, 2021 | 280 | Oct 14, 2022 | — | — | — |
| -4.85% | Sep 3, 2020 | 41 | Oct 30, 2020 | 26 | Dec 8, 2020 | 67 |
| -2.41% | Feb 16, 2021 | 13 | Mar 4, 2021 | 21 | Apr 5, 2021 | 34 |
| -2.05% | May 10, 2021 | 3 | May 12, 2021 | 16 | Jun 4, 2021 | 19 |
| -1.85% | Dec 18, 2020 | 4 | Dec 23, 2020 | 30 | Feb 8, 2021 | 34 |
Volatility
Volatility Chart
The current Mutual of America Conservative Allocation Fund volatility is 4.57%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.