Our Equity Funds MoA Small Cap Value Fund

Ticker: MAVKX | Inception Date: 7/1/2005
AUM: $366.6M | Benchmark: Russell 2000® Value Index

Fact Sheet Commentary

MoA Small Cap Value Fund Overview

As of 1/31/2026

The actively managed MoA Small Cap Value Fund, which seeks capital appreciation, invests in smaller companies we believe to be undervalued and have the potential for share price appreciation.

The Fund Features:

  • Underappreciated smaller market capitalization companies with solid/improving business fundamentals, strong underlying business models, capable management and attractive valuations
  • Disciplined bottom-up security selection with a long-term value investing mindset combined with a quantitative and qualitative risk-management focus
  • Experienced team with over 25 years average tenure in conducting in-depth sector and company research into attractive investment opportunities

Portfolio Managers

Stephen J. Rich

Stephen J. Rich

Chairman

With MoA Since 2004

Over 34 years of investment experience

Thad Pollock, CFA, CAIA

Thad Pollock, CFA, CAIA

Executive Vice President, Head of Active Equities

With MoA Since 2023

Over 26 years of investment experience

Morningstar Ratings™

Time Period Rating # Funds in Category
Overall 461
3 Year 461
5 Year 439
10 Year 361
Based on risk adjusted return among Morningstar Small Value category.

MoA Small Cap Value Fund Performance

Quarterly

Monthly

As of 1/31/2026
Annualized
Class 1 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Incep
MoA Small Cap Value Fund 5.82 5.82 6.33 7.18 8.97 7.75 7.32
Russell 2000® Value Index 6.86 6.86 17.90 10.81 9.21 10.76 7.69
Morningstar Small Value Category Avg 5.88 5.88 10.47 9.35 10.22 10.41
Percentile Rank in Morningstar Category 77 75 72 97
Number of Funds in Category 482 461 439 361
Date of Inception: 7/1/2005 | Gross Expense Ratio: 0.82%

Quarterly

As of 12/31/2025
Annualized
Class 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Incep
MoA Small Cap Value Fund -0.27 2.00 2.00 7.55 8.22 6.54 7.05
Russell 2000® Value Index 3.26 12.59 12.59 11.73 8.88 9.27 7.38
Morningstar Small Value Category Avg 1.84 6.89 6.89 10.58 9.73 9.02
Percentile Rank in Morningstar Category 84 84 73 96
Number of Funds in Category 483 462 439 362
Date of Inception: 7/1/2005 | Gross Expense Ratio: 0.82%

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 Small Cap Value Fund Portfolio Characteristics

As of 12/31/2025

Top 10 Holdings (%)

Holding Fund
American Healthcare REIT Inc Ordinary Shares 3.14
Mueller Industries Inc 3.11
Telephone and Data Systems Inc 2.33
VSE Corp 2.21
Enpro Inc 2.17
UMB Financial Corp 2.04
Mercury Systems Inc 2.03
Stock Yards Bancorp Inc 2.01
Hancock Whitney Corp 2.00
United States Treasury Bills 3.63365% 1.99
Total 23.03
Total Number of Holdings: 82

Portfolio Composition (%)

Asset Fund
Equities 97.27
Cash 2.73

Risk Metrics (3 yr)

Holding Fund Category*
Sharpe Ratio 0.22 0.37
Standard Deviation 17.34 19.03

Average Market Cap

Item Value
Fund $4.2B
Category Average* $5.6B

Overall Risk Vs Category*

*Compared to the Small Value Category.

Equity Sector Breakdown

MoA Small Cap Value Fund
Morningstar Small Value Category Avg
Sector Fund Category
Financials 25.50 24.66
Industrials 15.58 20.54
Real Estate 12.37 6.60
Healthcare 12.17 7.21
Information Technology 7.44 6.85
Utilities 6.49 3.25
Energy 6.22 6.22
Consumer Discretionary 5.59 7.22
Materials 4.94 12.45
Communication Services 2.44 2.09
Consumer Staples 1.26 2.91

MoA Small Cap Value Fund Literature

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