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3 Strong Buy Thrivent Mutual Funds to Consider

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Thrivent Mutual Funds is part of Thrivent Financial and manages around $15 billion worth of assets (as of 12/31/2016). It serves nearly 2.3 million customers and has more than 100 investment professionals. Moreover, it has invested in 23 mutual funds across a wide range of categories including equity, income plus, asset allocation and fixed income funds. Thrivent Mutual Funds aims to offer simple and smart investing and has a strong record of competitive performance.

Below we share with you three top-ranked 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 S (IIINX - Free Report) seeks an above-average level of income. IIINX heavily invests in debt securities of any maturity including high yield, high risk bonds and debentures also called "junk bonds." These high-yield securities are rated BB or lower by S&P and Ba by Moody's. The fund also invests in equity securities. Thrivent Opportunity Income Plus Fund S has returned 6.3% over the last one-year period.

IIINX has an expense ratio of 0.66% compared with the category average of 1.03%. 

Thrivent Income Fund S (LBIIX - Free Report) invests the lion’s share of its assets in debt securities or preferred stock which are investment grade. LBIIX may also invest in high yield, high risk bonds, notes, debentures and other debt obligations. The fund seeks a high level of income along with growth of capital. Thrivent Income Fund S has returned 4.7% over the last one-year period.

As of March 2017, LBIIX held 590 issues, with 5.66% of its assets invested in U.S. Treasury Bond June17.   

Thrivent Moderately Aggressive Allocation Fund A (TMAAX - Free Report) seeks appreciation of capital for the long run. TMAAX invests a bulk of its assets in equity securities and almost one-fourth of its assets in debt securities. Thrivent Moderately Aggressive Allocation Fund A has returned 14.5% over the last one-year period.

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

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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Thrivent Income S (LBIIX) - free report >>

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