# EDGAR Filing Document

**Accession Number:** 0000795259
**File Stem:** 0001193125-26-184024
**Filing Date:** 2026-4
**Character Count:** 16189
**Document Hash:** 1b6bcd3286c10b2f2ac72f51c8dee52a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-184024.hdr.sgml**: 20260428

**ACCESSION NUMBER**: 0001193125-26-184024

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260428

**DATE AS OF CHANGE**: 20260428

**EFFECTIVENESS DATE**: 20260428

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MoA Funds Corp
- **CENTRAL INDEX KEY:** 0000795259

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-06486
- **FILM NUMBER:** 26903526

**BUSINESS ADDRESS:**
- **STREET 1:** 320 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** (212)224-1600

**MAIL ADDRESS:**
- **STREET 1:** 320 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MUTUAL OF AMERICA INVESTMENT CORP
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### MoA Inflation Focused Bond Fund (Series ID: S000103648)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000274217 | MoA Inflation Focused Bond Fund |  |

Summary Prospectus of

<sup>►</sup> MoA Funds <br> MoA Inflation Focused Bond Fund

**May 1, 2026**

*Before you invest, you may want to review the Fund's prospectus, which contains more information about the Fund and its risks. You can find the Fund's prospectus, reports to shareholders, and other information about the Fund online at moafunds.com/resources#docs-funddocs. You can also get this information at no cost by calling 800.914.8716 or by sending an e-mail request to moafunds@dfinsolutions.com. The Fund's current statutory prospectus and statement of additional information, both dated May 1, 2026, (each as supplemented or revised from time to time), are incorporated by reference into this summary prospectus.*

**Investment Objective**. The Fund seeks to provide inflation protection and current income, consistent with investments in inflation-indexed securities and investment-grade debt securities.

**Fees and Expenses of the Fund.** The table below describes the fees and expenses you may pay if you buy, hold and sell Fund shares. For investments through an insurance company separate account, note that the expenses shown do not include Separate Account expenses or variable contract expenses which would increase costs if included.

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| | |
|:---|:---|
| **Shareholder Fees** (fees paid directly from your investment) | &nbsp;&nbsp; 0.00% |

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**Annual Fund Operating Expenses** <br>**(expenses that you pay each year as a percentage of the value of your investment)** 

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| | |
|:---|:---|
| Management Fees | 0.25% |
| Other Expenses<sup>1</sup> | 1.31% |
| Acquired Fund Fees and Expenses | 0.00% |
| Total Annual Fund Operating Expenses | 1.56% |
| Fee Waiver and/or Expense Reimbursement\* | 1.21% |
| Total Annual Operating Expenses After Fee Waiver and/or Expense Reimbursement | 0.35% |

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"Other Expenses" are based on estimated amounts for the current fiscal year.

\*

The Adviser has contractually agreed to waive its advisory fee and/or reimburse the Fund's expenses to the extent necessary so that the total annual fund operating expenses (other than shareholder services fees, taxes, commissions, mark-ups, litigation expenses, indemnification expenses, interest expenses, acquired fund fees and expenses, any investment-related expenses, and any extraordinary expenses) do not exceed the annual rate of 0.35% based on the Fund's average daily net assets. This contractual obligation may not be terminated before April 30, 2027, without the consent of the Board of Directors.

**Example.** This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes: (a) that you invest $10,000 in the Fund for the time periods indicated and then redeem or hold all of your shares at the end of those periods, (b) a 5% return each year and (c) operating expenses remain the same. For investments through an insurance company separate account, note that the expenses shown do not include Separate Account expenses or variable contract expenses which would increase costs if included. Although your actual costs may be higher or lower, your cost based on these assumptions would be:

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| | |
|:---|:---|
| **1 Year** | **3 Years** |
| $36 | &nbsp;&nbsp;&nbsp;&nbsp; $374 |

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**Portfolio Turnover.** The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may result in higher transaction costs. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund's performance. Because the Fund is expected to commence operations on or after May 1, 2026, information regarding turnover for a full calendar year is not available as of the date of this prospectus.

**Principal Investment Strategies.** The Fund invests primarily in inflation protected securities and investment-grade debt securities.

Under normal circumstances, at least 80% of the Fund's net assets (plus the amount of any borrowings for investment purposes) 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. The Fund invests at least 50% of its total assets in inflation-linked securities, although normally the Fund expects to invest 80% or more of its total assets in inflation-linked securities. The Fund is invested in a diversified portfolio of short-, intermediate- and long-term investment-grade inflation-linked securities, including Treasury Inflation Protected Securities and Treasury bonds, as well as corporate, government agency, mortgage-backed and asset-backed securities.

The Adviser evaluates each security to be purchased and selects securities based on duration, which is defined as a security's price sensitivity to interest rate changes as expressed in years, where a higher duration indicates greater price volatility when interest rates fluctuate and a lower duration implies less price volatility. The Adviser seeks to maintain a duration for the Fund overall within +/- 20% of the duration of the Bloomberg US Treasury Inflation-Linked Bond Index (Series L). The Adviser also evaluates and selects each security to be purchased based on its credit quality as determined by fundamental financial analysis focused on the issuer's ability to repay debt, and interest income anticipated to be generated.

**Principal Investment Risks.** As with any mutual fund, loss of money is a risk of investing in the Fund. Additionally, an investment in the Fund is subject to the following risks which are described in more detail in the Prospectus.

&nbsp;&nbsp;&nbsp;&nbsp;● **Interest Rate risk:** Fixed income securities have an inverse relationship to interest rates, such that bond values decrease as interest rates rise. In general, the longer the term to maturity, the greater interest rate changes will have on the value of a security.

&nbsp;&nbsp;&nbsp;&nbsp;● **General risk:** The Fund may not achieve its investment objective. An investment in the Fund could decline in value, and you could lose money by investing in the Fund.

&nbsp;&nbsp;&nbsp;&nbsp;● **Credit risk:** Debt obligations are generally subject to the risk that the issuer may be unable or unwilling to make principal and interest payments when they are due. There is also the risk that the securities could lose value because of a loss of confidence in the ability of the borrower to pay back debt. Bonds rated BBB or lower generally have more credit risk than higher-rated securities. Below-investment grade debt -- also known as "High-yield bonds" and "junk bonds" -- have a higher risk of default and tend to be less liquid than higher-rated securities.

&nbsp;&nbsp;&nbsp;&nbsp;● **Active Management risk:** The portfolio manager's judgments about the attractiveness, value or potential appreciation of the Fund's investments may prove to be incorrect. The Fund could underperform in comparison to other funds with a similar benchmark or similar objectives and investment strategies if the Fund's overall investment selections or strategies fail to produce the intended results.

&nbsp;&nbsp;&nbsp;&nbsp;● **Inflation risk:** In general, the value of an inflation-linked security, including TIPS, will typically decrease when real interest rates (nominal interest rates reduced by the expected impact of inflation) increase and increase when real interest rates decrease. When inflation is negative or concerns over inflation are low, the value and income of inflation-linked securities could fall and result in losses for the fund and during periods of very low inflation, the real yield on an inflation-linked security may be negative. Conversely, during sustained periods of high inflation, the fund's real yield should increase, which may

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not be repeated. Funds that invest heavily in inflation-linked securities do not always move in lockstep with inflation because they do not necessarily buy inflation-linked securities when they are originally issued or hold them until maturity. In addition, the accrual of inflation adjustments on the fund's holdings may significantly impact the current level of dividends actually paid to shareholders. Changes in inflation rates and/or interest rates may cause the fund's yield to vary substantially over time.

&nbsp;&nbsp;&nbsp;&nbsp;● **Liquidity risk:** Debt securities may be difficult to purchase or sell, and the Fund may be unable to sell illiquid securities at an advantageous time or price or achieve its desired level of exposure to a certain sector.

&nbsp;&nbsp;&nbsp;&nbsp;● **Market risk:** The risk that prices of securities will go down because of the interplay of market forces, which may affect a single issuer, industry or sector of the economy or may affect the market as a whole. Events such as economic recession, war, acts of terrorism, social unrest, natural disasters, public health emergencies and other unforeseen events could also significantly impact issuers, economies and markets generally.

&nbsp;&nbsp;&nbsp;&nbsp;● **Mortgage risk:** The duration of mortgage-related securities and interest rates tend to move together. As interest rates rise, the duration of mortgage-related securities extends and as interest rates fall, mortgage-related securities are often prepaid at a faster rate. Because of interest rate changes, it is not possible to predict the realized yield or average life of a mortgage-backed security.

&nbsp;&nbsp;&nbsp;&nbsp;● **Extension risk:** Mortgage-related securities are subject to the risk that the issuer of such a security pays back the principal of such an obligation later than expected. This may occur when interest rates rise, and this may negatively affect Fund returns.

&nbsp;&nbsp;&nbsp;&nbsp;● **Prepayment risk:** Mortgage-related securities are subject to the risk that the issuer of such a security pays back the principal of such an obligation earlier than expected. This may occur when interest rates decline, and may negatively affect Fund returns.

&nbsp;&nbsp;&nbsp;&nbsp;● **Call risk:** When interest rates decline, an issuer may have an option to call the securities before maturity, resulting in reduced income.

&nbsp;&nbsp;&nbsp;&nbsp;● **Zero Coupon risk:** Zero coupon securities and discount notes do not pay interest prior to maturity and therefore may be more difficult to sell during periods of interest rate changes. The market value of debt securities declines as interest rates rise; therefore, the Fund may lose value if it sells zero coupon securities prior to their maturity date.

&nbsp;&nbsp;&nbsp;&nbsp;● **New Fund risk:** The Fund is new and has fewer assets than an older fund and therefore, may have higher expenses than an older fund. It may take time for the Fund's assets to grow large enough to offset high expenses.

&nbsp;&nbsp;&nbsp;&nbsp;● **Corporate Debt risk:** During periods of economic uncertainty, the value of corporate debt securities may decline relative to the value of U.S. government debt securities.

&nbsp;&nbsp;&nbsp;&nbsp;● **U.S. Government Securities risk:** The Fund invests in securities issued or guaranteed by the U.S. government or its agencies. U.S. government securities are subject to market risk, interest rate risk and credit risk. U.S. government securities include zero coupon securities, which tend to be subject to greater price volatility than interest-paying securities of similar maturities.

**Performance/Annual Return.** Because the Fund is expected to commence operations on or after May 1, 2026, information regarding performance for a full calendar year is not available as of the date of this prospectus.

Updated performance information is available at no cost online at moafunds.com or by calling 800.914.8716.

**Investment Adviser.** Mutual of America Capital Management LLC (the "Adviser") is the investment adviser for the Fund.

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**Portfolio Managers.** Christopher Malfant, Executive Vice President of the Adviser, and Jacqueline Sabella, Senior Vice President of the Adviser, will be the portfolio managers of the Fund at its inception in May 2026, and will be primarily responsible for the day-to-day management of the Fund.

**Purchase and Sale of Fund Shares.** Fund shares held directly by investors may be purchased or redeemed by mail to MoA Funds Corporation, PO Box 534499, Pittsburgh, PA 15253-4499 or by telephone by calling the Investment Company's Customer Service at 800.914.8716. Such investors may purchase shares of the Fund by check or wire. The minimum initial investment in the Fund is $1,000, although the Fund may waive this minimum at its discretion. There is no minimum for subsequent investments. Fund shares may be purchased or redeemed on any day the New York Stock Exchange is open.

For investors whose interest in the Fund is through an insurance company Separate Account, you can purchase or redeem Separate Account units that invest in the Fund either by calling or writing to your Mutual of America Regional Office, which can be found on mutualofamerica.com.

Any minimum initial or subsequent investment requirement for Separate Account Units that invest in the Fund is disclosed in the prospectus for your annuity contract or life insurance policy.

Shares held through a financial intermediary, including in a retirement plan, can be purchased or redeemed through the financial intermediary.

**Payments to Broker-Dealers and Other Financial Intermediaries.** If you purchase the Fund through a broker dealer or other financial intermediary (such as a bank), the Fund and its related companies may pay the intermediary for the sale of Fund shares and related services. These payments may create a conflict of interest by influencing the broker-dealer or other intermediary and your salesperson to recommend the Fund over another investment. Ask your salesperson or visit your financial intermediary's website for more information.

**Tax Information.**

For direct investments into the Funds, distributions you receive from the Fund are subject to federal income tax and generally will be taxed as ordinary income or capital gains, and may also be subject to state or local taxes, unless you are investing through a tax-advantaged retirement account (in which case you may be taxed later, upon withdrawal of your investment from such account).

For investors whose interest in the Fund is through an insurance company Separate Account, no discussion is included as to the federal income tax consequences at the shareholder level. For information concerning the federal tax consequences to purchasers of contracts or policies under a Separate Account accessing this Fund, see the prospectus for your contract or policy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

IFB 26

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