We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Thrivent Mutual Funds is part of Thrivent Financial and had around $116.5 billion worth of assets under management as of December 2016. It serves nearly 2.3 million customers and has more than 100 investment professionals. Moreover, it has invested in 23 actively managed 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.
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 has five-year annualized returns of 1.6%.
THLIX has an expense ratio of 0.41% compared with the category average of 0.73%.
Thrivent Income Fund Class S (LBIIX - Free Report) invests a large part of its assets in debt securities and preferred stock that are rated 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 Class S has five-year annualized returns of 3.7%.
As of August 2017, LBIIX held 610 issues, with 1.7% of its assets invested in Fed Natl Mort Assc 3.5%.
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 has five-year annualized returns of 12.1%.
Darren Bagwell has been one of the fund managers of TAAIX since 2016.
Image: Bigstock
3 Strong Buy Thrivent Mutual Funds
Thrivent Mutual Funds is part of Thrivent Financial and had around $116.5 billion worth of assets under management as of December 2016. It serves nearly 2.3 million customers and has more than 100 investment professionals. Moreover, it has invested in 23 actively managed 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 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 has five-year annualized returns of 1.6%.
THLIX has an expense ratio of 0.41% compared with the category average of 0.73%.
Thrivent Income Fund Class S (LBIIX - Free Report) invests a large part of its assets in debt securities and preferred stock that are rated 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 Class S has five-year annualized returns of 3.7%.
As of August 2017, LBIIX held 610 issues, with 1.7% of its assets invested in
Fed Natl Mort Assc 3.5%.
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 has five-year annualized returns of 12.1%.
Darren Bagwell has been one of the fund managers of TAAIX since 2016.
To view the Zacks Rank and past performance of all diversified bond mutual funds, investors can click here to see the complete list of diversified bond funds.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>