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Asset Allocation Funds

Thrivent Moderately Aggressive Allocation Fund(TMAAX)

You own shares of this fund

Class
Mutual Funds may offer different "classes" of shares. Classes indicate the type and number of fees or expenses an investor can expect to pay for shares in a fund.

Class S
These are no-load funds, meaning there are no front-end or back-end sales charges to purchase or sell shares.  Prior to Feb 1, 2016, Class S shares were named Institutional Shares.

Class A
These are front-end load funds. These mutual funds are not currently available to new shareholders. Current shareholders who have purchased Class A shares need to work with a Thrivent Financial Representative or service their mutual fund accounts on Thrivent.com. 

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Class
Mutual Funds may offer different "classes" of shares. Classes indicate the type and number of fees or expenses an investor can expect to pay for shares in a fund.

Class S
These are no-load funds, meaning there are no front-end or back-end sales charges to purchase or sell shares.  Prior to Feb 1, 2016, Class S shares were named Institutional Shares.

Class A
These are front-end load funds. These mutual funds are not currently available to new shareholders. Current shareholders who have purchased Class A shares need to work with a Thrivent Financial Representative or service their mutual fund accounts on Thrivent.com. 

Growth of $10,000

(as of 10/31/2016)

A look at this fund’s performance over the past 10 years or since the fund's inception (if less than 10 years), based on how an initial $10,000 investment would have changed over time. Performance shown assumes the reinvestment of all dividends and capital gains but does not reflect the Fund’s sales charge. If the sales charge would be included, returns would have been lower. Performance of other share classes will vary from the results shown based on differences in fees and expenses.

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(as of 10/31/2016)

A look at this fund’s performance over the past 10 years or since the fund's inception (if less than 10 years), based on how an initial $10,000 investment would have changed over time. Performance shown assumes the reinvestment of all dividends and capital gains but does not reflect the Fund’s sales charge. If the sales charge would be included, returns would have been lower. Performance of other share classes will vary from the results shown based on differences in fees and expenses.

Growth of $10,000
Year Value
2006 10,314.32
2007 11,075.05
2008 7,330.62
2009 9,505.31
2010 10,970.22
2011 10,575.75
2012 11,944.26
2013 14,482.13
2014 15,307.12
2015 15,156.8

Risk Potential

Risk Potential
The potential for risk within the Thrivent Mutual Funds has been categorized into five levels: Conservative, Moderately Conservative, Moderate, Moderately Aggressive, and Aggressive, ranging from lower risk potential to higher risk potential. Funds on the lower risk portion of the scale (Conservative, Moderately Conservative) are expected to have a lower degree of volatility and price fluctuations while those on the higher risk portion of the scale (Aggressive, Moderately Aggressive) are expected to have a higher degree of volatility and price fluctuations.

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Risk Potential
The potential for risk within the Thrivent Mutual Funds has been categorized into five levels: Conservative, Moderately Conservative, Moderate, Moderately Aggressive, and Aggressive, ranging from lower risk potential to higher risk potential. Funds on the lower risk portion of the scale (Conservative, Moderately Conservative) are expected to have a lower degree of volatility and price fluctuations while those on the higher risk portion of the scale (Aggressive, Moderately Aggressive) are expected to have a higher degree of volatility and price fluctuations.

Moderately Aggressive

Target Allocation

Target Allocation
Shows a fund’s long-term target allocations (or mix of securities) based on asset class or world region.

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Target Allocation
Shows a fund’s long-term target allocations (or mix of securities) based on asset class or world region.

Equities 77%
Fixed Income 23%

Fund Highlights

Public Offering Price
The price at which the fund is offered to the public.

Net Asset Value
The NAV is the fund’s value or price per share. The NAV is calculated by dividing the market value of all the fund’s shares (minus its liabilities) by the number of issued shares.

Daily NAV Change
The daily NAV change is the difference between the fund’s current price per share and its price at the time of market close on the prior day.

Returns
Returns are calculated on a calendar-year and year-to-date basis. The total return includes both the fund’s increase in value and dividends.

Net Annual Fund Operating Expenses 
This is an annual fee charged to investors based on the percentage of assets used for fund expenses. These expenses may include 12b-1 fees, management costs, administrative fees, and other operating costs. The advisor of this fund has contractually agreed to waive certain fees and or reimburse certain expenses associated to this fund. Please see the Fees & Expenses for more information.

Sales Charges
The commission paid by an investor upon investment in a fund.

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Public Offering Price
The price at which the fund is offered to the public.

Net Asset Value
The NAV is the fund’s value or price per share. The NAV is calculated by dividing the market value of all the fund’s shares (minus its liabilities) by the number of issued shares.

Daily NAV Change
The daily NAV change is the difference between the fund’s current price per share and its price at the time of market close on the prior day.

Returns
Returns are calculated on a calendar-year and year-to-date basis. The total return includes both the fund’s increase in value and dividends.

Net Annual Fund Operating Expenses 
This is an annual fee charged to investors based on the percentage of assets used for fund expenses. These expenses may include 12b-1 fees, management costs, administrative fees, and other operating costs. The advisor of this fund has contractually agreed to waive certain fees and or reimburse certain expenses associated to this fund. Please see the Fees & Expenses for more information.

Sales Charges
The commission paid by an investor upon investment in a fund.

( as of )

Public Offering Price
N/A

Net Asset Value

Daily NAV Change
N/A

( as of 10/31/2016 )

Year to Date Return with Sales Charge
0.38%

1 Year Return with Sales Charge
-2.27%
Net Annual Fund Operating Expenses
1.16%

Max Sales Charge
4.50%

Fund Overview

Thrivent Moderately Aggressive Allocation Fund seeks long-term capital growth.

The fund is the second-most aggressive option in Thrivent Mutual Funds’ suite of Asset Allocation Funds. The fund is diversified globally across all major equity and fixed income sectors and styles. The fund is actively managed and invests in a combination of other Thrivent mutual funds and direct investments in stocks, bonds, and derivatives.

The fund has a long-term target allocation of 77% equity securities and 23% fixed income. The fund’s asset allocation strategy starts with the construction of a model that sets the long-term target allocations for the broad asset classes of equity and fixed income. Next, the target weightings for sub-classes are determined. Equity sub-classes are often based on market capitalization (large, mid, and small), investment style (such as growth and value), economic sector and world region. Fixed income sub-classes may be based on maturity, duration, credit quality and security type. The portfolio management team actively manages the fund with overweight and underweight positions in the various sub-classes based on their views of the market and economy. Individual stocks and bonds are analyzed and selected on an ongoing basis. The fund is regularly rebalanced to ensure that the holdings are within appropriate ranges.

The Fund invests in other Thrivent Mutual Funds and in directly-held equity and debt instruments. The Fund is subject to its own fees and expenses and the expenses of the other funds in which it invests, and is subject to all of the risks of the other funds in which it invests. The value of the Fund is influenced by factors impacting the overall market, certain asset classes, certain investment styles, and specific issuers. The Fund may incur losses due to incorrect assessments of investments by its investment advisor. Foreign investments involve additional risks, including currency fluctuations, liquidity, political, economic and market instability, and different legal and accounting standards. Bond prices generally fall as interest rates rise. Credit risk is the risk that an issuer of a debt security may not pay its debt, and high yield securities are subject to increased credit risk as well as liquidity risk. The use of derivatives (such as futures and swaps) involves additional risks and transaction costs, which could leave the Fund in a worse position than if it had not used these instruments.

Class A accounts are serviced via Thrivent.com

Who Should Consider Investing?

The Fund may be suitable for investors who:
  • Seek long-term growth
  • Have a long-term investment time horizon and a moderately aggressive risk tolerance
  • Are able to withstand a moderately high level of risk and volatility in pursuit of moderately high long-term returns

Our seasoned team of more than 100 investment professionals brings their deep expertise to managing each fund so you can feel confident in the choices you’re making. More than 85% have at least 10 years of experience, nearly half have more than 20 years of investment experience, and 85% have earned the Chartered Financial Analyst designation, an advanced degree, or both.

Fund Details