Fund Evaluator:

MoA Small Cap Value Fund Overview

MoA Small Cap Value Fund (MAVKX) is an actively managed U.S. Equity Small Value fund. Mutual of America launched the fund in 2005.

The investment seeks capital appreciation. The fund invests primarily in value stocks issued by companies with small sized market capitalizations that the Adviser believes to be undervalued in the marketplace in relation to factors such as the company's assets, earnings or growth potential. At least 80% of the fund's total assets are invested in small-cap value stocks and at least 85% of the fund's total assets will be invested in equity securities.

About MoA Small Cap Value Fund (MAVKX)

There are 1 members of the management team with an average tenure of 2.79 years: Thad Pollock (2023). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and Russell 2000 Value TR USD index with a weighting of 100%. MoA Small Cap Value Fund has 87 securities in its portfolio. The top 10 holdings constitute 22.6% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

MoA Small Cap Value Fund is part of the Equity global asset class and is within the U.S. Equity fund group. MoA Small Cap Value Fund has 2.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 96.4%. There is 2.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). MoA Small Cap Value Fund has 1.5% of the portfolio in cash.

Assets Under Management

The fund has $400 million in total assets, which is below the $417 million average for the Small Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

MAVKX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The MoA Small Cap Value Fund expense ratio is high compared to funds in the Small Value category. MoA Small Cap Value Fund has an expense ratio of 0.85%, which is 27% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. MoA Small Cap Value Fund has a portfolio turnover rate of 37%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 128% for the Small Value category.

Recently, in the month of July 2026, MoA Small Cap Value Fund returned -1.8%, which earned it a grade of D, as the Small Value category had an average return of -0.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

MoA Small Cap Value Fund has a trailing yield of 0.98%, which is above the 0.77% category average. The fund normally distributes its income monthly.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

MoA Small Cap Value Fund Grades

Year to date, the fund has returned 17.4%, 2.7 percentage points worse than the category, which translates into a grade of D. The fund has returned 22.7% over the past year (grade of D), 10.6% over the past three years (grade of D) and 7.2% per year over the past five years (grade of D) and 7.5% per year over the past 10 years (grade of F).

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