MoA Clear Passage 2030 Fund™ Overview

As of 5/31/2024

The MoA Clear Passage 2030 Fund™ is designed for investors with a specific target date in mind – whether for retirement or another long-term investment goal. This Fund uses our time-tested investment management and allocation expertise to dynamically manage an investment over time approaching the target year 2030.

The Fund Features:

  • Active management in the small-cap, mid-cap, international equity, and fixed income asset classes
  • Passive management in large-cap equities to optimize market participation while maintaining lower expenses
  • Dynamic portfolio allocation that adjusts the equity and fixed income holdings over time based on the specified target year
  • A glidepath that extends 10 years beyond the target date
  • A conservative risk-management approach
LSEG Lipper Fund Awards - 2024 Winner United States

Best Mixed-Asset Target 2030 Fund over 3 years among 192 funds based on historical risk adjusted returns as of 11/30/2023.

Best Mixed-Asset Target 2030 Fund over 10 Years Among 101 funds based on historical risk adjusted returns as of 11/30/2023.

Morningstar Ratings™

Time Period Rating # Funds in Category
Overall 199
3 Year 199
5 Year 170
10 Year 107
Based on risk adjusted return among Morningstar Target-Date 2030 category.

Portfolio Managers

Jamie Zendel, FRM

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

Joseph R. Gaffoglio, CFA, CPA

President

Portfolio Manager Since 2005

Over 29 years of investment experience

MoA Clear Passage 2030 Fund™ Performance

Monthly

As of 5/31/2024
Annualized
Class 1 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Incep
MoA Clear Passage 2030 Fund™ 3.42 5.26 15.77 3.27 8.58 7.45 6.91
Morningstar Lifetime Allocation Moderate 2030 Index 3.10 3.08 12.59 0.11 6.24 5.66 5.43
Morningstar Target-Date 2030 Category Avg 3.19 4.49 14.01 1.54 7.26 6.18
Percentile Rank in Morningstar Category 11 4 4 1
Number of Funds in Category 213 199 170 107
Date of Inception: 11/5/2007 | Gross Expense Ratio: 0.39%

Quarterly

As of 3/31/2024
Annualized
Class 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Incep
MoA Clear Passage 2030 Fund™ 5.19 5.19 15.41 4.65 8.14 7.63 6.98
Morningstar Lifetime Allocation Moderate 2030 Index 3.60 3.60 11.89 1.83 6.07 5.96 5.52
Morningstar Target-Date 2030 Category Avg 4.53 4.53 13.69 2.95 6.99 6.40
Percentile Rank in Morningstar Category 11 3 4 1
Number of Funds in Category 205 199 171 105
Date of Inception: 11/5/2007 | Gross Expense Ratio: 0.39%

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 2030 Fund™ Portfolio Characteristics

As of 3/31/2024

Top 10 Holdings (%)

Holding Fund
MoA Equity Index Fund 36.27
MoA Core Bond Fund 25.37
MoA International Fund 12.12
MoA Intermediate Bond Fund 10.97
MoA Mid Cap Equity Index Fund 6.50
MoA Money Market Fund 3.77
MoA Small Cap Value Fund 1.69
MoA Small Cap Equity Index Fund 1.22
MoA Small Cap Growth Fund 1.18
MoA Mid Cap Value Fund 0.93
Total 100.02
Total Number of Holdings: 11

Credit Quality (%)

Holding Fund Category
AAA 0.00 34.73
AA 70.84 32.46
A 11.61 12.45
BBB 16.43 10.89
BB 0.08 2.84
B 0.24 3.21
Below B 0.00 0.93
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 58.84
Bonds 35.85
Cash 5.21
Other 0.10

Risk Metrics (3 yr)

Holding Fund Category*
Sharpe Ratio 0.19 0.06
Standard Deviation 12.37 12.44

Average Market Cap

Item Value
Fund $99.7B
Category Average* $105.3B

Effective Duration

Item Value
Fund 5.18 YRS
Category Average* 6.08 YRS

Overall Risk Vs Category*

*Compared to the Target-Date 2030 Category.

Equity Sector Breakdown

MoA Clear Passage 2030 Fund™
Morningstar Target-Date 2030 Category Avg
Sector Fund Category
Information Technology 22.59 22.14
Financials 14.65 16.30
Industrials 12.86 11.97
Healthcare 11.69 11.42
Consumer Discretionary 11.36 11.02
Communication Services 6.70 6.80
Consumer Staples 5.97 5.94
Energy 4.32 4.59
Materials 4.30 4.48
Real Estate 2.97 3.07
Utilities 2.59 2.28

Fixed Income Sector Breakdown

MoA Clear Passage 2030 Fund™
Morningstar Target-Date 2030 Category Avg
Sector Fund Category
Government 48.22 45.84
Corporate 25.98 21.78
Securitized 21.13 21.52
Cash & Equivalents 4.66 8.02
Derivative 0.00 2.63

MoA Clear Passage 2030 Fund™ Literature