Our Target Date Funds MoA Clear Passage 2015 Fund™
Ticker: MURFX
|
Inception Date: 11/5/2007
AUM: $109.4M
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Benchmark: Morningstar Lifetime Allocation Conservative 2015 Index
MoA Clear Passage 2015 Fund™ Overview
The MoA Clear Passage 2015 Fund™ is designed to continue an individual’s investment horizon beyond the target retirement date. Our allocation approach seeks to achieve current income and capital appreciation aligned with needs of an individual entering the retirement years.
The Fund Features:
- Dynamic portfolio allocation that adjusts the fixed income and equity holdings over time
- A glidepath that extends 10 years beyond the retirement date
- A conservative risk-management approach
Morningstar Ratings™
| Time Period | Rating | # Funds in Category |
|---|---|---|
| Overall | 103 | |
| 3 Year | 103 | |
| 5 Year | 93 | |
| 10 Year | 49 |
Portfolio Managers
Jamie Zendel, FRM
Executive Vice President, Head of Quantitative Strategies
Portfolio Manager Since 2007
Over 26 years of investment experience
Joseph R. Gaffoglio, CFA, CPA
President
Portfolio Manager Since 2005
Over 29 years of investment experience
MoA Clear Passage 2015 Fund™ Performance
Monthly
| Annualized | |||||||
|---|---|---|---|---|---|---|---|
| Class | 1 Mo | YTD | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Incep |
| MoA Clear Passage 2015 Fund™ | -2.59 | 0.23 | 5.86 | 0.46 | 3.65 | 4.71 | 4.99 |
| Morningstar Lifetime Allocation Conservative 2015 Index | -2.59 | -1.38 | 2.70 | -1.62 | 2.61 | 3.20 | 4.08 |
| Morningstar Target-Date 2015 Category Avg | -2.53 | 0.35 | 6.14 | 0.05 | 4.21 | 4.58 | |
| Percentile Rank in Morningstar Category | 65 | 22 | 91 | 37 | |||
| Number of Funds in Category | 106 | 103 | 93 | 49 | |||
Quarterly
| Annualized | |||||||
|---|---|---|---|---|---|---|---|
| Class | 3 Mo | YTD | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Incep |
| MoA Clear Passage 2015 Fund™ | 2.90 | 2.90 | 9.58 | 2.11 | 4.56 | 5.02 | 5.18 |
| Morningstar Lifetime Allocation Conservative 2015 Index | 1.24 | 1.24 | 6.02 | -0.04 | 3.33 | 3.56 | 4.27 |
| Morningstar Target-Date 2015 Category Avg | 2.95 | 2.95 | 9.72 | 1.67 | 5.07 | 4.89 | |
| Percentile Rank in Morningstar Category | 57 | 21 | 90 | 37 | |||
| Number of Funds in Category | 106 | 102 | 93 | 49 | |||
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 Clear Passage 2015 Fund™ Portfolio Characteristics
Holdings (%)
| Holding | Fund |
|---|---|
| MoA Core Bond Fund | 34.01 |
| MoA Intermediate Bond Fund | 27.52 |
| MoA Equity Index Fund | 23.28 |
| MoA International Fund | 5.09 |
| MoA Money Market Fund | 5.08 |
| MoA Mid Cap Equity Index Fund | 4.51 |
| MoA Mid Cap Value Fund | 0.50 |
| Total | 99.99 |
Credit Quality (%)
| Holding | Fund | Category |
|---|---|---|
| AAA | 0.00 | 63.60 |
| AA | 70.37 | 3.21 |
| A | 11.98 | 8.75 |
| BBB | 16.60 | 10.30 |
| BB | 0.12 | 7.65 |
| B | 0.24 | 4.05 |
| Below B | 0.00 | 1.41 |
Portfolio Composition (%)
| Asset | Fund | |
|---|---|---|
| Equities | 32.86 | |
| Bonds | 60.78 | |
| Cash | 6.33 | |
| Other | 0.04 |
Risk Metrics (3 yr)
| Holding | Fund | Category* |
|---|---|---|
| Sharpe Ratio | -0.06 | -0.08 |
| Standard Deviation | 8.54 | 9.83 |
Average Market Cap
| Item | Value |
|---|---|
| Fund | $132.7B |
| Category Average* | $95.2B |
Effective Duration
| Item | Value |
|---|---|
| Fund | 4.85 YRS |
| Category Average* | 4.91 YRS |
Overall Risk Vs Category*
Equity Sector Breakdown
Fixed Income Sector Breakdown
MoA Clear Passage 2015 Fund™ Literature
| Document | Download |
|---|---|
| Fact Sheet | |
| Holdings Q1 | |
| Holdings Q3 | |
| Prospectus |
| Document | Download |
|---|---|
| Summary Prospectus | |
| Annual Report | |
| Semi-Annual Report |