Our Asset Allocation Funds MoA Balanced Fund

Ticker: MACHX | Inception Date: 12/31/1984
AUM: $206.4M | Benchmark: 60% S&P 500® Index, 40% Bloomberg U.S. Aggregate Bond Index

Fact Sheet Commentary

MoA Balanced Fund Overview

As of 3/31/2026

The actively managed MoA Balanced Fund provides a ready-made solution for investors looking for a combined portfolio of domestic equities and investment grade fixed income securities that seeks to provide capital appreciation and current income.

The Fund Features:

  • A diversified portfolio of U.S. equities, investment grade debt securities, and money market instruments
  • Equity selection based on quantitative models focused primarily on large-cap dividend paying securities with favorable valuation, earnings quality and capital deployment characteristics
  • A high-quality fixed income portfolio primarily comprised of investment-grade securities issued by U.S. corporations or obligations of the U.S. Government and its agencies, including mortgage-backed securities

Portfolio Managers

Christopher Malfant

Christopher Malfant

Executive Vice President, Head of Fixed Income

With MoA Since 2022

Over 21 years of investment experience

Jacqueline Sabella

Jacqueline Sabella

Executive Vice President, Fixed Income Portfolio Manager

With MoA Since 2000

Over 29 years of investment experience

Joseph R. Gaffoglio, CFA

Joseph R. Gaffoglio, CFA

President & CEO

With MoA Since 2005

Over 31 years of investment experience

Jamie Zendel, FRM

Jamie Zendel, FRM

Executive Vice President, Head of Quantitative and Asset Allocation Strategies

With MoA Since 2007

Over 28 years of investment experience

Morningstar Ratings™

Time Period Rating # Funds in Category
Overall 465
3 Year 465
5 Year 445
10 Year 371
Based on risk adjusted return among Morningstar Moderate Allocation category.

3x Lipper Award Winner

LSEG Lipper Fund Awards - 2026 Winner United States

2026 Best Mixed-Asset Target Allocation Moderate Fund

  • 3 Years among 472 funds
  • 5 Years among 472 funds

Based on historical risk adjusted returns as of 11/30/2025

2025 Best Mixed-Asset Target Allocation Moderate Fund

  • 3 Years among 525 funds
  • 5 Years among 491 funds

Based on historical risk adjusted returns as of 11/30/2024

2024 Best Mixed-Assets Small Fund Family Group Over Three Years

MoA Balanced Fund Performance

Quarterly

Monthly

As of 3/31/2026
Annualized
Class 1 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Incep
MoA Balanced Fund -3.69 -0.97 17.90 15.11 9.43 9.80 8.49
60% S&P 500® Index, 40% Bloomberg U.S. Aggregate Bond Index -3.68 -2.62 12.41 12.41 7.42 9.34 9.73
Morningstar Moderate Allocation Category Avg -4.13 -1.18 11.92 10.91 6.16 8.07
Percentile Rank in Morningstar Category 8 4 3 9
Number of Funds in Category 488 465 445 371
Date of Inception: 12/31/1984 | Gross Expense Ratio: 0.56%

Quarterly

As of 3/31/2026
Annualized
Class 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Incep
MoA Balanced Fund -0.97 -0.97 17.90 15.11 9.43 9.80 8.49
60% S&P 500® Index, 40% Bloomberg U.S. Aggregate Bond Index -2.62 -2.62 12.41 12.41 7.42 9.34 9.73
Morningstar Moderate Allocation Category Avg -1.18 -1.18 11.92 10.91 6.16 8.07
Percentile Rank in Morningstar Category 8 4 3 9
Number of Funds in Category 488 465 445 371
Date of Inception: 12/31/1984 | Gross Expense Ratio: 0.56%

The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance, please call 800.914.8716 or visit the Fund’s website at moafunds.com.

MoA Balanced Fund Portfolio Characteristics

As of 3/31/2026

Top 10 Holdings (%)

Holding Fund
NVIDIA Corp 4.29
Apple Inc 4.07
United States Treasury Bills 3.63847% 3.29
Microsoft Corp 3.14
Broadcom Inc 2.45
Alphabet Inc Class A 2.44
United States Treasury Notes 3.875% 1.62
Lam Research Corp 1.48
JPMorgan Chase & Co 1.45
Tapestry Inc 1.27
Total 25.50
Total Number of Holdings: 399

Credit Quality (%)

Holding Fund Category
AAA 0.00 28.96
AA 58.87 28.73
A 11.35 12.46
BBB 27.59 18.49
BB 0.00 3.75
B 0.00 3.43
Below B 0.00 0.66
Credit ratings data is sourced from Morningstar Direct. Morningstar collects credit quality information from fund companies, which is required to be based on credit ratings produced by Nationally Recognized Statistical Rating Organizations (NRSROs), such as Moody's, Standard & Poor's, and Fitch Ratings. Credit Quality ratings reflect the credit quality of the underlying securities in the Fund’s portfolio and not that of the fund itself. Quality ratings are subject to change. Ratings range from AAA as the highest to Below B as the lowest credit quality rating.

Portfolio Composition (%)

Asset Fund
Equities 58.94
Bonds 35.16
Cash 5.90

Risk Metrics (3 yr)

Holding Fund Category*
Sharpe Ratio 1.12 0.67
Standard Deviation 8.70 8.98

Average Market Cap

Item Value
Fund $344.1B
Category Average* $253.2B

Effective Duration

Item Value
Fund 5.69 YRS
Category Average* 4.78 YRS

Overall Risk Vs Category*

*Compared to the Moderate Allocation Category.

Equity Sector Breakdown

MoA Balanced Fund
Morningstar Moderate Allocation Category Avg
Sector Fund Category
Information Technology 33.16 26.45
Financials 12.89 15.23
Healthcare 11.70 11.18
Industrials 11.46 11.08
Communication Services 7.77 9.18
Consumer Discretionary 7.60 9.69
Energy 4.74 3.87
Consumer Staples 3.77 5.08
Materials 2.86 3.25
Utilities 2.61 3.25
Real Estate 1.45 1.74

Fixed Income Sector Breakdown

MoA Balanced Fund
Morningstar Moderate Allocation Category Avg
Sector Fund Category
Corporate 37.61 29.73
Government 30.01 32.52
Securitized 28.99 24.95
Cash & Equivalents 3.39 11.74

MoA Balanced Fund Literature

Document Download
Fact Sheet
Manager Commentary
3 Reasons to Invest
Strategy Profile
Document Download
Prospectus
Summary Prospectus
Annual Report
Semi-Annual Report