Our Target Date Funds MoA Clear Passage 2055 Fund™

Ticker: MUROX | Inception Date: 10/3/2016
AUM: $495.2M | Benchmark: Morningstar Lifetime Allocation Moderate 2055 Index

Fact Sheet

MoA Clear Passage 2055 Fund™ Overview

As of 4/30/2024

The MoA Clear Passage 2055 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 2055.

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

Morningstar Ratings™

Time Period Rating # Funds in Category
Overall 191
3 Year 191
5 Year 170
10 Year 102
Based on risk adjusted return among Morningstar Target-Date 2055 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 2055 Fund™ Performance

Quarterly

Monthly

As of 4/30/2024
Annualized
Class 1 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Incep
MoA Clear Passage 2055 Fund™ -3.93 3.80 16.30 4.26 9.26 9.68
Morningstar Lifetime Allocation Moderate 2055 Index -3.60 2.38 13.19 2.03 7.27 8.33
Morningstar Target-Date 2055 Category Avg -3.72 3.63 15.34 2.92 8.38
Percentile Rank in Morningstar Category 29 10 5
Number of Funds in Category 195 191 170
Date of Inception: 10/3/2016 | Gross Expense Ratio: 0.34%

Quarterly

As of 3/31/2024
Annualized
Class 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Incep
MoA Clear Passage 2055 Fund™ 8.05 8.05 22.29 7.10 10.85 10.38
Morningstar Lifetime Allocation Moderate 2055 Index 6.20 6.20 18.47 4.62 8.66 8.96
Morningstar Target-Date 2055 Category Avg 7.63 7.63 21.11 5.62 9.88
Percentile Rank in Morningstar Category 27 10 3
Number of Funds in Category 195 190 170
Date of Inception: 10/3/2016 | Gross Expense Ratio: 0.34%

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 2055 Fund™ Portfolio Characteristics

As of 3/31/2024

Top 10 Holdings (%)

Holding Fund
MoA Equity Index Fund 50.06
MoA International Fund 20.81
MoA Mid Cap Equity Index Fund 11.45
MoA Core Bond Fund 6.26
MoA Small Cap Equity Index Fund 2.66
MoA Small Cap Value Fund 2.43
MoA Small Cap Growth Fund 2.03
MoA Mid Cap Value Fund 1.68
MoA Intermediate Bond Fund 1.34
MoA Money Market Fund 1.28
Total 100.00
Total Number of Holdings: 11

Credit Quality (%)

Holding Fund Category
AAA 0.00 28.12
AA 71.27 19.85
A 11.29 22.83
BBB 16.29 21.91
BB 0.05 1.44
B 0.25 3.49
Below B 0.00 0.82

Portfolio Composition (%)

Asset Fund
Equities 89.47
Bonds 7.49
Cash 2.88
Other 0.16

Risk Metrics (3 yr)

Holding Fund Category*
Sharpe Ratio 0.33 0.24
Standard Deviation 15.90 16.12

Average Market Cap

Item Value
Fund $85.3B
Category Average* $89.6B

Effective Duration

Item Value
Fund 5.48 YRS
Category Average* 8.64 YRS

Overall Risk Vs Category*

*Compared to the Target-Date 2055 Category.

Equity Sector Breakdown

MoA Clear Passage 2055 Fund™
Morningstar Target-Date 2055 Category Avg
Sector Fund Category
Information Technology 21.59 21.95
Financials 14.85 16.10
Industrials 13.46 11.95
Healthcare 11.58 11.23
Consumer Discretionary 11.49 10.95
Communication Services 6.38 6.77
Consumer Staples 5.97 5.88
Materials 4.59 4.50
Energy 4.39 4.58
Real Estate 3.07 3.74
Utilities 2.64 2.35

Fixed Income Sector Breakdown

MoA Clear Passage 2055 Fund™
Morningstar Target-Date 2055 Category Avg
Sector Fund Category
Government 50.61 58.49
Corporate 21.19 10.08
Securitized 20.63 10.16
Cash & Equivalents 7.56 20.34
Derivative 0.02 0.78

MoA Clear Passage 2055 Fund™ Literature

Document Download
Fact Sheet
Holdings Q1
Holdings Q3
Prospectus
Document Download
Summary Prospectus
Annual Report
Semi-Annual Report