Our Asset Allocation Funds MoA Balanced Fund

Ticker: MACHX | Inception Date: 12/31/1984
AUM: $193.5M | Benchmark: 60% S&P 500® Index, 40% Bloomberg U.S. Aggregate Bond Index

Fact Sheet Commentary

MoA Balanced Fund Overview

As of 4/30/2025

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 20 years of investment experience

Jacqueline Sabella

Jacqueline Sabella

Senior Vice President, Fixed Income

With MoA Since 2000

Over 28 years of investment experience

Joseph R. Gaffoglio, CFA, CPA

Joseph R. Gaffoglio, CFA, CPA

President & CEO

With MoA Since 2005

Over 30 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 27 years of investment experience

Morningstar Ratings™

Time Period Rating # Funds in Category
Overall 433
3 Year 433
5 Year 403
10 Year 329
Based on risk adjusted return among Morningstar Moderate Allocation category.

2x Lipper Award Winner

LSEG Lipper Fund Awards - 2025 Winner United States

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 4/30/2025
Annualized
Class 1 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Incep
MoA Balanced Fund 0.25 0.05 14.52 9.35 10.30 7.99 8.26
60% S&P 500® Index, 40% Bloomberg U.S. Aggregate Bond Index -0.25 -1.70 10.58 8.19 9.09 8.21 9.64
Morningstar Moderate Allocation Category Avg -0.45 -1.16 8.19 6.43 8.67 6.64
Percentile Rank in Morningstar Category 3 4 16 17
Number of Funds in Category 454 433 403 329
Date of Inception: 12/31/1984 | Gross Expense Ratio: 0.56%

Quarterly

As of 3/31/2025
Annualized
Class 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Incep
MoA Balanced Fund -0.20 -0.20 10.46 7.36 11.73 8.06 8.27
60% S&P 500® Index, 40% Bloomberg U.S. Aggregate Bond Index -1.45 -1.45 7.02 5.79 10.91 8.29 9.66
Morningstar Moderate Allocation Category Avg -0.31 -0.31 5.41 4.30 10.14 6.33
Percentile Rank in Morningstar Category 4 3 17 12
Number of Funds in Category 707 682 628 490
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 3/31/2025

Top 10 Holdings (%)

Holding Fund
Apple Inc 4.41
Microsoft Corp 3.72
NVIDIA Corp 3.30
JPMorgan Chase & Co 1.70
Broadcom Inc 1.49
Visa Inc Class A 1.38
United States Treasury Bills 1.29
AT&T Inc 1.28
Alphabet Inc Class A 1.10
Comcast Corp Class A 1.09
Total 20.76
Total Number of Holdings: 418

Credit Quality (%)

Holding Fund Category
AAA 0.00 38.92
AA 56.57 15.38
A 9.82 12.32
BBB 32.24 17.43
BB 0.63 5.20
B 0.00 4.29
Below B 0.00 1.05
Ratings are based on Morningstar DBRS ratings. For securities rated differently, Morningstar provides an average rating. 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 57.22
Bonds 37.42
Cash 5.36

Risk Metrics (3 yr)

Holding Fund Category*
Sharpe Ratio 0.28 0.03
Standard Deviation 12.14 12.26

Average Market Cap

Item Value
Fund $282.5B
Category Average* $185.2B

Effective Duration

Item Value
Fund 5.59 YRS
Category Average* 5.05 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 29.37 23.93
Financials 12.34 16.28
Healthcare 12.01 11.78
Consumer Discretionary 11.39 10.42
Industrials 10.06 11.18
Communication Services 8.96 8.28
Energy 4.88 3.97
Consumer Staples 4.78 5.38
Utilities 2.59 2.84
Materials 2.22 3.45
Real Estate 1.41 2.49

Fixed Income Sector Breakdown

MoA Balanced Fund
Morningstar Moderate Allocation Category Avg
Sector Fund Category
Corporate 38.80 28.36
Securitized 30.31 25.98
Government 28.29 30.83
Cash & Equivalents 2.59 14.06

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