Thrivent Moderate Allocation Portfolio
Data updated: 2026-08-26
C000003845 — Thrivent Moderate Allocation Portfolio. Alternative · $8.74B AUM · 0.70% expense ratio. Holdings, fees, performance and SEC filings.
C000003845 Fund Overview
Thrivent Moderate Allocation Portfolio is a US mutual fund managed by Thrivent Series Fund Inc, categorised as Alternative. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Thrivent Series Fund Inc
- Category: Alternative
- Assets under management: $8.74B
- 1-year return: 15.3%
- SEC CIK: 0000790166
- SEC series ID: S000001438
- Share class ID: C000003845
C000003845 Investment Objective and Strategy
Thrivent Moderate Allocation Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Thrivent Series Fund Inc.
Investment objective
"Thrivent Moderate Allocation Portfolio (the ""Portfolio"") seeks long-term capital growth while providing reasonable stability of principal."
Principal investment strategy
The Portfolio pursues its objective by investing in a combination of other funds managed by the Adviser or an affiliate and directly held financial instruments. The Portfolio is designed for investors who seek moderate long-term capital growth with reasonable stability of principal and are comfortable with moderate levels of risk and volatility. The Portfolio uses a prescribed asset allocation strategy involving a two-step process that is designed to achieve its desired risk tolerance. The first step is the construction of a model for the allocation of the Portfolios assets across broad asset categories (namely, equity securities and debt securities). The second step involves the determination of sub-classes within the broad asset categories and target weightings (i.e., what the Adviser determines is the strategic allocation) for these sub-classes.
Sub-classes for equity securities may be based on market capitalization, investment style (such as growth or value), economic sector, or security type (such as private equity). Sub-classes for debt securities may be based on maturity, duration, security type or credit rating (high-yieldcommonly known as junk bondsor investment-grade). The use of target weightings for various sub-classes within broad asset categories is intended as a multi-style approach to reduce the risk of investing in securities having common characteristics. The Portfolio may buy and sell futures contracts to either hedge its exposure or obtain exposure to certain investments. The Portfolio may invest in foreign securities, including those of issuers in emerging markets. An emerging market country is any country determined by the Adviser to have an emerging market economy, considering factors such as the countrys credit rating, its political and economic stability and the development of its financial and capital markets.
Under normal circumstances, the Portfolio invests in the following broad asset classes within the ranges given: Broad Asset Category Target Allocation Allocation Range Equity Securities 65% 45-85% Debt Securities 35% 15-55% The Portfolios actual holdings in each broad asset category may be outside the applicable allocation range from time to time due to differing investment performance among asset categories. The Adviser will rebalance the Portfolio at least annually so that its holdings are within the ranges for the broad asset categories. The Portfolio pursues its investment strategy by investing to a significant degree in other mutual funds managed by the Adviser or an affiliate, as well as direct investments in securities.
C000003845 Holdings
Top 10 holdings of Thrivent Moderate Allocation Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Thrivent Mutual Funds | 15.83% |
| Thrivent Mutual Funds | 8.43% |
| Thrivent Mutual Funds | 5.94% |
| State St Inst US Gov Mm Fund | 4.79% |
| Thrivent Mutual Funds | 4.28% |
| Thrivent Mutual Funds | 3.34% |
| Thrivent Mutual Funds | 2.84% |
| Thrivent Mutual Funds | 2.47% |
| NVIDIA Corporation | 2.08% |
| Thrivent Mutual Funds | 1.98% |
C000003845 Portfolio Allocation
Asset-class allocation of Thrivent Moderate Allocation Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Other | 49.8% |
| Equity | 26.0% |
| Cash & Equivalents | 11.8% |
| Securitized | 7.2% |
| Fixed Income | 5.8% |
C000003845 Performance
Total returns for C000003845 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 6.8% |
| 1 year | 15.3% |
| 3 years (annualised) | 13.4% |
| 5 years (annualised) | 7.0% |
C000003845 Risk Information
Risk metrics for C000003845, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.0%
C000003845 Costs and Fees
C000003845 costs about $70 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.70%
- Gross expense ratio: 0.90%
- Portfolio turnover: 45%
- Brokerage commissions: 1.81 bps of average net assets (SEC N-CEN)
C000003845 Cashflows
Over the 12 months to 2026-06, Thrivent Moderate Allocation Portfolio had net outflows of $555.45M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $635.10M |
| 2026-05 | −$107.25M |
| 2026-04 | −$104.93M |
| 2026-03 | −$104.29M |
| 2026-02 | −$95.43M |
| 2026-01 | −$89.47M |
C000003845 Debt Constituents
Largest debt holdings of Thrivent Moderate Allocation Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 0.81% |
| United States Treasury | 0.68% |
| United States Treasury | 0.54% |
| United States Treasury | 0.45% |
| United States Treasury | 0.37% |
| United States Treasury | 0.34% |
| United States Treasury | 0.33% |
| United States Treasury | 0.32% |
| United States Treasury | 0.24% |
| United States Treasury | 0.22% |
C000003845 Prospectus and SEC Filings
Official Thrivent Moderate Allocation Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-29
- Prospectus (485BPOS) — filed 2025-04-29
- Prospectus (485BPOS) — filed 2024-04-29
- Portfolio holdings (N-PORT) — filed 2026-08-26
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-03-11
- Annual census (N-CEN) — filed 2025-03-11
Related Funds
Other Alternative funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.