Our Target Date Funds MoA Retirement Income Fund

Ticker: MARMX | Inception Date: 11/5/2007
AUM: $208.7M | Benchmark: Morningstar Lifetime Allocation Conservative Income Index

Fact Sheet

MoA Retirement Income Fund Overview

As of 11/30/2024

The MoA Retirement Income Fund is designed for investors who seek a continued income stream and have already reached and generally are 10 years beyond their retirement goal. The Fund seeks to achieve current income consistent with the preservation of capital and, to a lesser extent, capital appreciation.

The Fund Features:

  • A conservative allocation, with generally 75% of assets in fixed income MoA Funds and 25% in equity MoA Funds
  • Active management in the fixed income MoA Funds
  • Monthly dividends

Morningstar Ratings™

Time Period Rating # Funds in Category
Overall 139
3 Year 139
5 Year 123
10 Year 82
Based on risk adjusted return among Morningstar Target-Date Retirement category.

Portfolio Managers

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

Joseph R. Gaffoglio, CFA, CPA

Joseph R. Gaffoglio, CFA, CPA

President & CEO

With MoA Since 2005

Over 29 years of investment experience

MoA Retirement Income Fund Performance

Quarterly

Monthly

As of 11/30/2024
Annualized
Class 1 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Incep
MoA Retirement Income Fund 2.28 9.08 12.64 2.53 4.09 4.34 4.89
Morningstar Lifetime Allocation Conservative Income Index 1.60 7.07 10.59 1.34 3.62 3.52 4.01
Morningstar Target-Date Retirement Category Avg 1.91 8.46 12.58 1.83 3.98 3.99
Percentile Rank in Morningstar Category 63 23 59 29
Number of Funds in Category 149 139 123 82
Date of Inception: 11/5/2007 | Gross Expense Ratio: 0.51%

Quarterly

As of 9/30/2024
Annualized
Class 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Incep
MoA Retirement Income Fund 4.75 8.59 15.81 2.90 4.30 4.52 4.91
Morningstar Lifetime Allocation Conservative Income Index 5.24 7.49 14.40 1.72 3.96 3.69 4.07
Morningstar Target-Date Retirement Category Avg 5.13 8.58 16.50 2.12 4.30 4.19
Percentile Rank in Morningstar Category 69 18 61 36
Number of Funds in Category 151 142 126 84
Date of Inception: 11/5/2007 | Gross Expense Ratio: 0.51%

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 Retirement Income Fund Portfolio Characteristics

As of 9/30/2024

Holdings (%)

Holding Fund
MoA Core Bond Fund 34.24
MoA Intermediate Bond Fund 29.15
MoA Equity Index Fund 21.93
MoA International Fund 5.01
MoA US Government Money Market Fund 4.97
MoA Mid Cap Equity Index Fund 4.19
MoA Mid Cap Value Fund 0.50
Total 99.99
Total Number of Holdings: 8

Credit Quality (%)

Holding Fund Category
AAA 0.00 5.02
AA 62.29 73.47
A 10.26 8.58
BBB 26.86 9.92
BB 0.10 0.70
B 0.00 0.34
Below B 0.00 0.14
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 31.45
Bonds 62.88
Cash 5.62
Other 0.04

Risk Metrics (3 yr)

Holding Fund Category*
Sharpe Ratio -0.08 -0.16
Standard Deviation 8.04 8.99

Average Market Cap

Item Value
Fund $148.6B
Category Average* $102.9B

Effective Duration

Item Value
Fund 4.85 YRS
Category Average* 6.11 YRS

Overall Risk Vs Category*

*Compared to the Target-Date Retirement Category.

Equity Sector Breakdown

MoA Retirement Income Fund
Morningstar Target-Date Retirement Category Avg
Sector Fund Category
Information Technology 24.62 22.15
Financials 15.04 15.46
Healthcare 11.86 10.54
Industrials 11.73 10.72
Consumer Discretionary 10.51 9.77
Communication Services 7.01 6.71
Consumer Staples 6.01 5.69
Energy 3.94 3.93
Materials 3.59 3.98
Real Estate 3.01 8.07
Utilities 2.69 2.98

Fixed Income Sector Breakdown

MoA Retirement Income Fund
Morningstar Target-Date Retirement Category Avg
Sector Fund Category
Government 45.13 50.90
Corporate 36.74 18.68
Securitized 17.35 19.30
Cash & Equivalents 0.78 8.54
Derivative 0.00 2.40

MoA Retirement Income Fund Literature

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