Thrivent Moderate Allocation Fund (THMAX)
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.
Fund Info
| ISIN | US8858823169 |
|---|---|
| CUSIP | 885882316 |
| Issuer | Thrivent |
| Inception Date | Jun 29, 2005 |
| Category | Diversified Portfolio |
| Min. Investment | $2,000 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
THMAX features an expense ratio of 0.79%, falling within the medium range.
Share Price Chart
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Popular comparisons: THMAX vs. FNILX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Thrivent Moderate 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
Thrivent Moderate Allocation Fund had a return of 13.82% year-to-date (YTD) and 24.38% in the last 12 months. Over the past 10 years, Thrivent Moderate Allocation Fund had an annualized return of 6.19%, while the S&P 500 had an annualized return of 12.04%, indicating that Thrivent Moderate Allocation Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 13.82% | 22.85% |
| 1 month | 2.42% | 4.16% |
| 6 months | 10.89% | 15.77% |
| 1 year | 24.38% | 35.40% |
| 5 years (annualized) | 7.85% | 14.46% |
| 10 years (annualized) | 6.19% | 12.04% |
Monthly Returns
The table below presents the monthly returns of THMAX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.67% | 2.74% | 2.43% | -3.57% | 3.17% | 1.69% | 1.77% | 1.93% | 1.75% | 13.82% | |||
| 2023 | 5.75% | -2.29% | 1.44% | 0.80% | -1.15% | 4.39% | 2.30% | -1.64% | -3.44% | -2.53% | 6.96% | 4.75% | 15.69% |
| 2022 | -4.30% | -1.89% | 0.86% | -6.65% | -0.07% | -6.51% | 6.59% | -2.98% | -7.13% | 4.51% | 4.69% | -3.69% | -16.43% |
| 2021 | -0.92% | 1.65% | 0.97% | 3.42% | 0.62% | 1.14% | 1.60% | 1.45% | -2.67% | 3.56% | -1.72% | 2.42% | 11.95% |
| 2020 | 0.14% | -3.92% | -8.97% | 7.10% | 3.66% | 1.78% | 3.62% | 3.21% | -1.78% | -1.31% | 7.56% | 2.66% | 13.29% |
| 2019 | 5.53% | 1.90% | 1.12% | 2.22% | -3.11% | 4.25% | 0.36% | -0.43% | 0.86% | 1.07% | 1.84% | 1.62% | 18.35% |
| 2018 | 2.48% | -2.71% | -0.63% | 0.44% | 0.88% | -0.04% | 1.61% | 1.30% | -0.06% | -4.57% | 0.82% | -4.30% | -4.94% |
| 2017 | 1.26% | 1.79% | 0.23% | 1.22% | 0.83% | 0.47% | 1.27% | 0.37% | 1.35% | 0.87% | 1.08% | -1.82% | 9.24% |
| 2016 | -3.18% | -0.52% | 4.59% | 1.25% | 0.90% | -0.22% | 2.86% | 0.56% | 0.56% | -1.26% | 1.68% | 0.40% | 7.67% |
| 2015 | -0.23% | 3.05% | -0.34% | 0.84% | -0.08% | -1.38% | 0.85% | -3.51% | -2.21% | 4.79% | 0.08% | -6.97% | -5.48% |
| 2014 | -1.10% | 3.02% | 0.01% | 0.08% | 1.47% | 1.45% | -1.51% | 2.44% | -2.16% | 1.30% | 1.06% | -0.57% | 5.47% |
| 2013 | 2.78% | 0.25% | 1.78% | 1.33% | 0.49% | -1.98% | 3.50% | -1.61% | 3.08% | 2.63% | 0.93% | -1.34% | 12.29% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of THMAX is 74, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Thrivent Moderate Allocation Fund (THMAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Thrivent Moderate Allocation Fund granted a 2.79% dividend yield in the last twelve months. The annual payout for that period amounted to $0.47 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.47 | $0.44 | $0.18 | $1.01 | $0.61 | $0.73 | $0.55 | $0.19 | $0.16 | $0.14 | $0.61 | $0.19 |
Dividend yield | 2.79% | 2.96% | 1.39% | 6.31% | 4.00% | 5.24% | 4.38% | 1.40% | 1.29% | 1.20% | 4.77% | 1.49% |
Monthly Dividends
The table displays the monthly dividend distributions for Thrivent Moderate 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.18 | ||
| 2023 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.28 | $0.44 |
| 2022 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.10 | $0.18 |
| 2021 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.95 | $1.01 |
| 2020 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.52 | $0.61 |
| 2019 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.62 | $0.73 |
| 2018 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.43 | $0.55 |
| 2017 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.09 | $0.19 |
| 2016 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.07 | $0.16 |
| 2015 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.14 |
| 2014 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.52 | $0.61 |
| 2013 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.11 | $0.19 |
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 Thrivent Moderate 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 Thrivent Moderate Allocation Fund was 41.90%, occurring on Mar 9, 2009. Recovery took 453 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -41.9% | Oct 15, 2007 | 351 | Mar 9, 2009 | 453 | Dec 22, 2010 | 804 |
| -22.31% | Feb 20, 2020 | 23 | Mar 23, 2020 | 84 | Jul 22, 2020 | 107 |
| -21.48% | Nov 10, 2021 | 234 | Oct 14, 2022 | 349 | Mar 7, 2024 | 583 |
| -15.99% | Apr 27, 2015 | 202 | Feb 11, 2016 | 254 | Feb 14, 2017 | 456 |
| -14.9% | May 2, 2011 | 108 | Oct 3, 2011 | 219 | Aug 16, 2012 | 327 |
Volatility
Volatility Chart
The current Thrivent Moderate Allocation Fund volatility is 1.82%, 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.