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4 Strong Buy Thrivent Mutual Funds to Invest In

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A lesser known fund family, Thrivent Mutual Funds won six Lipper Awards in 2017. Being part of Thrivent Financial, it has $15 billion worth of assets under management. It has invested in 23 mutual funds across a wide range of categories including equity, income plus, asset allocation and fixed income funds. Also, it serves more than two million customers and has at least 100 investment professionals. 

Below we share with you four top-rated Thrivent mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of Thrivent funds.

Thrivent Opportunity Income Plus Fund Class A (AAINX - Free Report) seeks growth of income, consistent with preservation of capital. AAINX invests more than half of its assets in debt securities including high risk bonds, high yield, debentures and other debt obligations. The fund also invests in equity securities. Thrivent Opportunity Income Plus Fund Class A returned 6.1% over the last one-year period.

AAINX has an expense ratio of 0.89% compared with the category average of 0.95%.

Thrivent Aggressive Allocation Fund Class S (TAAIX - Free Report) seeks appreciation of capital for the long run. TAAIX invests at least three-fourth of its assets in equity securities, and up to one-fourth of its assets in debt securities. Thrivent Aggressive Allocation Fund Class S returned 17.4% over the last one-year period.

Darren Bagwell is one of the fund managers of TAAIX since 2016.

Thrivent Limited Maturity Bond Fund Class S (THLIX - Free Report) invests the lion’s share of its assets in debt securities or preferred stocks that are"Baa" rated by Moody or "BBB" rated by the S&P. THLIX seeks growth of income along with stability of principal. Thrivent Limited Maturity Bond Fund Class S returned 2.6% over the last one-year period.

THLIX has an expense ratio of 0.41% compared with the category average of 0.65%.

Thrivent Moderately Aggressive Allocation Fund Class S (TMAFX - Free Report) seeks long-term appreciation of capital. TMAFX allocates 55–90% of its assets in equity securities and 10–40% of its assets in debt securities. Thrivent Moderately Aggressive Allocation Fund Class S returned 14.2% over the last one-year period.

As of January 2017, TMAFXheld 1920 issues, with 9.92% of its assets invested in Thrivent Partner Worldwide Allocation S.

To view the Zacks Rank and past performance of all Thrivent mutual funds, investors can click here to see the complete list of Thrivent funds.

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