Fund Evaluator:
MoA Inflation Focused Bond Fund (MOIFX)
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Fund Details
MoA Inflation Focused Bond Fund Overview
MoA Inflation Focused Bond Fund (MOIFX) is an actively managed Taxable Bond Inflation-Protected Bond fund. Mutual of America launched the fund in 2026.
The investment seeks to provide inflation protection and current income, consistent with investments in inflation-indexed securities. Under normal circumstances, the fund invests at least 80% of its total assets are invested in bonds, which the Adviser defines as debt instruments that can be issued by the federal government, government agencies and subdivisions, states, cities, corporations and other institutions.
About MoA Inflation Focused Bond Fund (MOIFX)
There are 2 members of the management team with an average tenure of 0.33 years: Jacqueline Sabella (2026), Christopher Malfant (2026). Management tenure is more important for actively managed funds than passive index funds.
MoA Inflation Focused Bond Fund has 45 securities in its portfolio. The top 10 holdings constitute 59.0% 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 Inflation Focused Bond Fund is part of the Fixed Income global asset class and is within the Taxable Bond fund group. MoA Inflation Focused Bond Fund has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0%. There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 71.5% (71.5% domestic bond, 0.0% foreign bond and 0.0% convertible bond). MoA Inflation Focused Bond Fund has 28.5% of the portfolio in cash.
Assets Under Management
The fund has $143 million in total assets, which is below the $882 million average for the Inflation-Protected Bond 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.
MOIFX 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 Inflation Focused Bond Fund expense ratio is below average compared to funds in the Inflation-Protected Bond category. MoA Inflation Focused Bond Fund has an expense ratio of 0.35%, which is 52% lower than its category average, making the fund expense ratio grade a B. 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. A portfolio turnover rate cannot be currently calculated for MoA Inflation Focused Bond Fund. By way of comparison, the average portfolio turnover is 73% for the Inflation-Protected Bond category.
Recently, in the month of August 2026, MoA Inflation Focused Bond Fund returned 0.0%, which earned it a grade of C, as the Inflation-Protected Bond category had an average return of 0.2%. 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 Inflation Focused Bond Fund has a trailing yield of 0.00%, which is below the 4.18% category average. The fund normally distributes its income annually and its capital gains annually.
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.
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MOIFX Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| MOIFX Return (NAV) | 0.0% | -1.2% | na | na | na | na |
| MOIFX Grade | C | C | na | na | na | na |
| +/- Category | -0.1% | 0.0% | na | na | na | na |
| Inflation-Protected Bond Avg | 0.2% | -1.2% | 0.9% | 3.8% | 0.0% | 2.1% |
| MOIFX Tax Cost Ratio | na | na | na | na | na | na |
MOIFX Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| MOIFX Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| MOIFX Grade | na | na | na | na | na | na | na | na | na | na | na |
| +/- Category | na | na | na | na | na | na | na | na | na | na | na |
| Inflation-Protected Bond Avg | 0.4% | 6.7% | 1.8% | 3.4% | -12.3% | 5.1% | 11.1% | 8.0% | -1.9% | 2.9% | 4.5% |
| Risk Measures | |
| Standard Deviation: | na |
| Total Risk Index: | na |
| Category Risk Index: | na |
| Category Risk Grade: | |
| Beta: | na |
| R-Squared: | na |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | na |
| Yield: | -- |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $143 Mil |
| Fund Total Assets: | $ 144 Mil |
| Share Class Type: | Other |
| Portfolio Turnover: | na |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 0.3 years | |||
| Average Tenure: 0.3 years | |||
| Managers (Year): Sabella Jacqueline (2026), Malfant Christopher (2026) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 45 |
| % in Top 10 Holdings: | 59.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 71.5% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 28.5% |
Purchase Information
| Fund Family: | Mutual of America |
| Phone Number: | 800-468-3785 |
| Website: | www.mutualofamerica.com |
| Status: | Open |
| Inception Date: | May 1, 2026 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.35% ( Rating : Below Avg ) |
| Category Average Expense Ratio (%): | 0.73% |
| Share Class: | MoA Inflation Focused Bond Fund |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
