THRIVENT MODERATE ALLOCATION FUND

S000001346Thrivent Mutual FundsCIK 0000811869

Share classes

2 classes of this one portfolio · 0 exchange-listed

Class ID	Symbol	Status	Security in the master	Type
C000003599	THMAX	NOT_LISTED	not exchange-listed	—
C000003600	TMAIX	NOT_LISTED	not exchange-listed	—

The share-class bridge is a snapshot, not history. The SEC's fund share-class file says what each class trades as today, not what it traded as at a past report date. A fund that changed ticker or converted from a mutual fund resolves to its present-day symbol for every historical month shown.

Share classes

Report period

1 period filed. Holdings below describe the selected month only.

2026-04-30

Filing

NPORT-P · filed 2026-06-26

Report date: 2026-04-30
Net assets: $4,367,037,056.02
Total assets: $4,547,758,436.03
Total liabilities: $180,721,380.01
Assets invested: $0
Cash not reported in C or D: $1,725,118.48
Amendment: No
Accession: 0000811869-26-000296

By asset category

N-PORT Item C.4.a

OTHEROther; the filer describe…$2.16B49.0%

ECEquity - common$1.11B25.2%

STIVShort-term investment veh…$557.47M12.7%

DBTDebt$256.52M5.8%

ABS-MBSAsset-backed: mortgage-ba…$237.08M5.4%

ABS-CBDOAsset-backed: collaterali…$63.98M1.5%

ABS-OAsset-backed: other$14.67M0.3%

DEDerivative - equity$9.77M0.2%

DCRDerivative - credit$587.6K0.0%

DIRDerivative - interest rate-$4.92M-0.1%

By asset category

By issuer category

N-PORT Item C.4.b

RFRegistered fund$2.58B58.6%

CORPCorporate$1.18B26.8%

USGSEUS government sponsored e…$291.24M6.6%

USTUS Treasury$261.36M5.9%

By issuer category

By investment country

as filed

USUS$4.22B96.1%

KYKY$73.64M1.7%

SGSG$21.78M0.5%

IEIE$13.89M0.3%

By country

Classification look-through

Positions resolved to the master through ISIN, then rolled up through the taxonomy. 24.7% of reported value reaches a classification.

Not resolved to the master(298)$3.28B74.6%

Equity · Information Technology(137)$360.09M8.2%

Equity · Financials(230)$158.81M3.6%

Equity · Industrials(139)$112.54M2.6%

Equity · Health Care(110)$106.57M2.4%

Equity · Consumer Discretionary(88)$102.21M2.3%

Equity · Communication Services(17)$44.66M1.0%

Equity · Energy(44)$42.13M1.0%

Equity · Utilities(35)$39.82M0.9%

Equity · Materials(60)$36.58M0.8%

Equity · Consumer Staples(38)$34.09M0.8%

Resolved, not yet classified(23)$30.86M0.7%

Equity · Real Estate(65)$29.35M0.7%

Equity(5)$19.29M0.4%

Classification covers part of the master. 5,771 of 13,106 active securities are classified. Anything unclassified is shown as its own band rather than dropped, so a look-through total that falls short of 100% is telling you about coverage, not about the fund.

Percentages are of the reported value of positions above ($4.40B), not of the fund’s net assets ($4.37B). The two differ by cash, derivatives filed with no market value, and rounding.

Classification look-through

Holdings

1,289 positions in this filing

Issuer nameAsset categoryIssuer category

Holdings

Issuer↕	In master	CUSIP / ISIN	Asset	Balance↕	Value↕	Weight▲	Country
VISTEON CORPORATION Visteon Corporation	VC	92839U206 US92839U2069	EC CORP	299 NS	$33.4K	0.001%	US
DYNEX CAPITAL INC Dynex Capital, Inc.	DX	26817Q886 US26817Q8868	EC CORP	2,486 NS	$33.9K	0.001%	US
ALIGHT INC Alight, Inc.	—	01626W101 US01626W1018	EC CORP	41,102 NS	$34.0K	0.001%	US
BANKWELL FINANCIAL GROUP INC Bankwell Financial Group, Inc.	BWFG	06654A103 US06654A1034	EC CORP	659 NS	$34.1K	0.001%	US
BLUE OWL CAPITAL INC Blue Owl Capital, Inc.	OWL	09581B103 US09581B1035	EC CORP	3,511 NS	$34.2K	0.001%	US
SOUTH PLAINS FINANCIAL INC South Plains Financial, Inc.	SPFI	83946P107 US83946P1075	EC CORP	836 NS	$34.3K	0.001%	US
PCB BANCORP PCB Bancorp	PCB	69320M109 US69320M1099	EC CORP	1,428 NS	$34.5K	0.001%	US
CIVISTA BANCSHARES INC Civista Bancshares, Inc.	CIVB	178867107 US1788671071	EC CORP	1,390 NS	$34.6K	0.001%	US
DNOW INC DNOW, Inc.	DNOW	67011P100 US67011P1003	EC CORP	2,569 NS	$34.7K	0.001%	US
HECLA MINING COMPANY Hecla Mining Company	HL	422704106 US4227041062	EC CORP	1,927 NS	$34.7K	0.001%	US
REGAL REXNORD CORP Regal Rexnord Corporation	RRX	758750103 US7587501039	EC CORP	162 NS	$34.8K	0.001%	US
ARROW FINANCIAL CORPORATION Arrow Financial Corporation	AROW	042744102 US0427441029	EC CORP	949 NS	$35.0K	0.001%	US
XENON PHARMACEUTICALS INC Xenon Pharmaceuticals, Inc.	XENE	98420N105 CA98420N1050	EC CORP	625 NS	$35.0K	0.001%	CA
ADIENT PLC Adient plc	ADNT	G0084W101 IE00BD845X29	EC CORP	1,679 NS	$35.3K	0.001%	IE
GOODYEAR TIRE & RUBBER COMPANY (THE) Goodyear Tire & Rubber Company	GT	382550101 US3825501014	EC CORP	5,015 NS	$35.5K	0.001%	US
RAYMOND JAMES FINANCIAL INC. Raymond James Financial, Inc.	RJF	754730109 US7547301090	EC CORP	226 NS	$35.8K	0.001%	US
VAREX IMAGING CORP Varex Imaging Corporation	VREX	92214X106 US92214X1063	EC CORP	3,102 NS	$36.1K	0.001%	US
NATIONAL FUEL GAS COMPANY National Fuel Gas Company	NFG	636180101 US6361801011	EC CORP	429 NS	$36.2K	0.001%	US
HANOVER INSURANCE GROUP INC Hanover Insurance Group, Inc.	THG	410867105 US4108671052	EC CORP	193 NS	$36.2K	0.001%	US
NEWMARKET CORP NewMarket Corporation	NEU	651587107 US6515871076	EC CORP	54 NS	$36.5K	0.001%	US
BIOGEN INC Biogen, Inc.	BIIB	09062X103 US09062X1037	EC CORP	193 NS	$36.5K	0.001%	US
EVERFORTH INC Everforth, Inc.	EFOR	00191U102 US00191U1025	EC CORP	1,737 NS	$36.7K	0.001%	US
STRATEGIC EDUCATION INC Strategic Education, Inc.	STRA	86272C103 US86272C1036	EC CORP	469 NS	$36.8K	0.001%	US
MCCORMICK & COMPANY INCORPORATED McCormick & Company, Inc.	MKC	579780206 US5797802064	EC CORP	725 NS	$36.9K	0.001%	US
COMMERCE BANCSHARES INC Commerce Bancshares, Inc.	CBSH	200525103 US2005251036	EC CORP	712 NS	$37.0K	0.001%	US
HILLTOP HOLDINGS INC Hilltop Holdings, Inc.	HTH	432748101 US4327481010	EC CORP	986 NS	$37.1K	0.001%	US
ONEOK INC ONEOK, Inc.	OKE	682680103 US6826801036	EC CORP	402 NS	$37.2K	0.001%	US
BJS WHOLESALE CLUB HOLDINGS INC BJ's Wholesale Club Holdings, Inc.	BJ	05550J101 US05550J1016	EC CORP	396 NS	$37.2K	0.001%	US
ANGLOGOLD ASHANTI PLC AngloGold Ashanti plc	AU	G0378L100 GB00BRXH2664	EC CORP	397 NS	$37.2K	0.001%	GB
ORANGE COUNTY BANCORP INC Orange County Bancorp, Inc.	OBT	68417L107 US68417L1070	EC CORP	1,095 NS	$37.3K	0.001%	US
SHORE BANCSHARES INC. Shore Bancshares, Inc.	SHBI	825107105 US8251071051	EC CORP	1,945 NS	$37.5K	0.001%	US
VALERO ENERGY CORPORATION Valero Energy Corporation	VLO	91913Y100 US91913Y1001	EC CORP	149 NS	$37.6K	0.001%	US
ARTESIAN RESOURCES CORPORATION Artesian Resources Corporation	ARTNA	043113208 US0431132085	EC CORP	1,207 NS	$37.8K	0.001%	US
ARCUS BIOSCIENCES INC Arcus Biosciences, Inc.	RCUS	03969F109 US03969F1093	EC CORP	1,491 NS	$38.0K	0.001%	US
PTC INC PTC, Inc.	PTC	69370C100 US69370C1009	EC CORP	280 NS	$38.2K	0.001%	US
PROSPERITY BANCSHARES INC Prosperity Bancshares, Inc.	PB	743606105 US7436061052	EC CORP	548 NS	$38.2K	0.001%	US
ZSCALER INC Zscaler, Inc.	ZS	98980G102 US98980G1022	EC CORP	293 NS	$38.3K	0.001%	US
INTREPID POTASH INC Intrepid Potash, Inc.	IPI	46121Y201 US46121Y2019	EC CORP	969 NS	$38.3K	0.001%	US
GENPACT LTD Genpact, Ltd.	G	G3922B107 BMG3922B1072	EC CORP	1,104 NS	$38.4K	0.001%	BM
CNX RESOURCES CORP CNX Resources Corporation	CNX	12653C108 US12653C1080	EC CORP	989 NS	$38.5K	0.001%	US
REALTY INCOME CORPORATION Realty Income Corporation	O	756109104 US7561091049	EC CORP	600 NS	$38.5K	0.001%	US
IRIDIUM COMMUNICATIONS INC Iridium Communications, Inc.	IRDM	46269C102 US46269C1027	EC CORP	989 NS	$38.6K	0.001%	US
KEARNY FINANCIAL CORP Kearny Financial Corporation/MD	KRNY	48716P108 US48716P1084	EC CORP	4,822 NS	$38.8K	0.001%	US
US FOODS HOLDING CORP US Foods Holding Corporation	USFD	912008109 US9120081099	EC CORP	424 NS	$39.6K	0.001%	US
MERCANTILE BANK CORPORATION Mercantile Bank Corporation	MBWM	587376104 US5873761044	EC CORP	784 NS	$40.2K	0.001%	US
VIPER ENERGY INC Viper Energy, Inc.	VNOM	64361Q101 US64361Q1013	EC CORP	821 NS	$40.5K	0.001%	US
CARETRUST REIT INC CareTrust REIT, Inc.	CTRE	14174T107 US14174T1079	EC CORP	1,028 NS	$40.6K	0.001%	US
RLI CORP RLI Corporation	RLI	749607107 US7496071074	EC CORP	784 NS	$40.6K	0.001%	US
DENTSPLY SIRONA INC Dentsply Sirona, Inc.	XRAY	24906P109 US24906P1093	EC CORP	3,458 NS	$40.6K	0.001%	US
EDGEWELL PERSONAL CARE CO Edgewell Personal Care Company	EPC	28035Q102 US28035Q1022	EC CORP	1,803 NS	$40.7K	0.001%	US

Issuer↕

In master

CUSIP / ISIN

Asset

Balance↕

Value↕

Weight▲

Country

VISTEON CORPORATION

Visteon Corporation

92839U206

US92839U2069

CORP

299 NS

$33.4K

0.001%

DYNEX CAPITAL INC

Dynex Capital, Inc.

26817Q886

US26817Q8868

CORP

2,486 NS

$33.9K

0.001%

ALIGHT INC

Alight, Inc.

—

01626W101

US01626W1018

CORP

41,102 NS

$34.0K

0.001%

BANKWELL FINANCIAL GROUP INC

Bankwell Financial Group, Inc.

BWFG

06654A103

US06654A1034

CORP

659 NS

$34.1K

0.001%

BLUE OWL CAPITAL INC

Blue Owl Capital, Inc.

OWL

09581B103

US09581B1035

CORP

3,511 NS

$34.2K

0.001%

SOUTH PLAINS FINANCIAL INC

South Plains Financial, Inc.

SPFI

83946P107

US83946P1075

CORP

836 NS

$34.3K

0.001%

PCB BANCORP

PCB Bancorp

PCB

69320M109

US69320M1099

CORP

1,428 NS

$34.5K

0.001%

CIVISTA BANCSHARES INC

Civista Bancshares, Inc.

CIVB

178867107

US1788671071

CORP

1,390 NS

$34.6K

0.001%

DNOW INC

DNOW, Inc.

DNOW

67011P100

US67011P1003

CORP

2,569 NS

$34.7K

0.001%

HECLA MINING COMPANY

Hecla Mining Company

422704106

US4227041062

CORP

1,927 NS

$34.7K

0.001%

REGAL REXNORD CORP

Regal Rexnord Corporation

RRX

758750103

US7587501039

CORP

162 NS

$34.8K

0.001%

ARROW FINANCIAL CORPORATION

Arrow Financial Corporation

AROW

042744102

US0427441029

CORP

949 NS

$35.0K

0.001%

XENON PHARMACEUTICALS INC

Xenon Pharmaceuticals, Inc.

XENE

98420N105

CA98420N1050

CORP

625 NS

$35.0K

0.001%

ADIENT PLC

Adient plc

ADNT

G0084W101

IE00BD845X29

CORP

1,679 NS

$35.3K

0.001%

GOODYEAR TIRE & RUBBER COMPANY (THE)

Goodyear Tire & Rubber Company

382550101

US3825501014

CORP

5,015 NS

$35.5K

0.001%

RAYMOND JAMES FINANCIAL INC.

Raymond James Financial, Inc.

RJF

754730109

US7547301090

CORP

226 NS

$35.8K

0.001%

VAREX IMAGING CORP

Varex Imaging Corporation

VREX

92214X106

US92214X1063

CORP

3,102 NS

$36.1K

0.001%

NATIONAL FUEL GAS COMPANY

National Fuel Gas Company

NFG

636180101

US6361801011

CORP

429 NS

$36.2K

0.001%

HANOVER INSURANCE GROUP INC

Hanover Insurance Group, Inc.

THG

410867105

US4108671052

CORP

193 NS

$36.2K

0.001%

NEWMARKET CORP

NewMarket Corporation

NEU

651587107

US6515871076

CORP

54 NS

$36.5K

0.001%

BIOGEN INC

Biogen, Inc.

BIIB

09062X103

US09062X1037

CORP

193 NS

$36.5K

0.001%

EVERFORTH INC

Everforth, Inc.

EFOR

00191U102

US00191U1025

CORP

1,737 NS

$36.7K

0.001%

STRATEGIC EDUCATION INC

Strategic Education, Inc.

STRA

86272C103

US86272C1036

CORP

469 NS

$36.8K

0.001%

MCCORMICK & COMPANY INCORPORATED

McCormick & Company, Inc.

MKC

579780206

US5797802064

CORP

725 NS

$36.9K

0.001%

COMMERCE BANCSHARES INC

Commerce Bancshares, Inc.

CBSH

200525103

US2005251036

CORP

712 NS

$37.0K

0.001%

HILLTOP HOLDINGS INC

Hilltop Holdings, Inc.

HTH

432748101

US4327481010

CORP

986 NS

$37.1K

0.001%

ONEOK INC

ONEOK, Inc.

OKE

682680103

US6826801036

CORP

402 NS

$37.2K

0.001%

BJS WHOLESALE CLUB HOLDINGS INC

BJ's Wholesale Club Holdings, Inc.

05550J101

US05550J1016

CORP

396 NS

$37.2K

0.001%

ANGLOGOLD ASHANTI PLC

AngloGold Ashanti plc

G0378L100

GB00BRXH2664

CORP

397 NS

$37.2K

0.001%

ORANGE COUNTY BANCORP INC

Orange County Bancorp, Inc.

OBT

68417L107

US68417L1070

CORP

1,095 NS

$37.3K

0.001%

SHORE BANCSHARES INC.

Shore Bancshares, Inc.

SHBI

825107105

US8251071051

CORP

1,945 NS

$37.5K

0.001%

VALERO ENERGY CORPORATION

Valero Energy Corporation

VLO

91913Y100

US91913Y1001

CORP

149 NS

$37.6K

0.001%

ARTESIAN RESOURCES CORPORATION

Artesian Resources Corporation

ARTNA

043113208

US0431132085

CORP

1,207 NS

$37.8K

0.001%

ARCUS BIOSCIENCES INC

Arcus Biosciences, Inc.

RCUS

03969F109

US03969F1093

CORP

1,491 NS

$38.0K

0.001%

PTC INC

PTC, Inc.

PTC

69370C100

US69370C1009

CORP

280 NS

$38.2K

0.001%

PROSPERITY BANCSHARES INC

Prosperity Bancshares, Inc.

743606105

US7436061052

CORP

548 NS

$38.2K

0.001%

ZSCALER INC

Zscaler, Inc.

98980G102

US98980G1022

CORP

293 NS

$38.3K

0.001%

INTREPID POTASH INC

Intrepid Potash, Inc.

IPI

46121Y201

US46121Y2019

CORP

969 NS

$38.3K

0.001%

GENPACT LTD

Genpact, Ltd.

G3922B107

BMG3922B1072

CORP

1,104 NS

$38.4K

0.001%

CNX RESOURCES CORP

CNX Resources Corporation

CNX

12653C108

US12653C1080

CORP

989 NS

$38.5K

0.001%

REALTY INCOME CORPORATION

Realty Income Corporation

756109104

US7561091049

CORP

600 NS

$38.5K

0.001%

IRIDIUM COMMUNICATIONS INC

Iridium Communications, Inc.

IRDM

46269C102

US46269C1027

CORP

989 NS

$38.6K

0.001%

KEARNY FINANCIAL CORP

Kearny Financial Corporation/MD

KRNY

48716P108

US48716P1084

CORP

4,822 NS

$38.8K

0.001%

US FOODS HOLDING CORP

US Foods Holding Corporation

USFD

912008109

US9120081099

CORP

424 NS

$39.6K

0.001%

MERCANTILE BANK CORPORATION

Mercantile Bank Corporation

MBWM

587376104

US5873761044

CORP

784 NS

$40.2K

0.001%

VIPER ENERGY INC

Viper Energy, Inc.

VNOM

64361Q101

US64361Q1013

CORP

821 NS

$40.5K

0.001%

CARETRUST REIT INC

CareTrust REIT, Inc.

CTRE

14174T107

US14174T1079

CORP

1,028 NS

$40.6K

0.001%

RLI CORP

RLI Corporation

RLI

749607107

US7496071074

CORP

784 NS

$40.6K

0.001%

DENTSPLY SIRONA INC

Dentsply Sirona, Inc.

XRAY

24906P109

US24906P1093

CORP

3,458 NS

$40.6K

0.001%

EDGEWELL PERSONAL CARE CO

Edgewell Personal Care Company

EPC

28035Q102

US28035Q1022

CORP

1,803 NS

$40.7K

0.001%