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Name

As of 04/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Thrivent Mid Cap Growth Fund

TMCGX | Fund

$13.53

$30.1 M

0.00%

1.82%

Vitals

YTD Return

0.0%

1 yr return

10.3%

3 Yr Avg Return

-3.2%

5 Yr Avg Return

N/A

Net Assets

$30.1 M

Holdings in Top 10

20.4%

52 WEEK LOW AND HIGH

$13.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.82%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 61.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$2,000

IRA

$1,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 04/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Thrivent Mid Cap Growth Fund

TMCGX | Fund

$13.53

$30.1 M

0.00%

1.82%

TMCGX - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return -3.2%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.58%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Thrivent Mid Cap Growth Fund
  • Fund Family Name
    Thrivent Funds
  • Inception Date
    Feb 28, 2020
  • Shares Outstanding
    N/A
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    David Lettenberger

Fund Description

Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in equity securities of mid-sized companies. The Adviser focuses mainly on the equity securities of mid-sized U.S. companies which have market capitalizations equivalent to those included in widely known indices such as the Russell Midcap®Index, S&P MidCap 400® Index, or the mid-sized company market capitalization classifications published by Morningstar or Lipper, Inc. The Fund defines mid-cap companies as those with market capitalizations at the time of purchase in the range of companies in either the Russell Midcap Index (approximately $270.2 million to $73.3 billion as of December 31, 2023) or the S&P MidCap 400 Index (approximately $2.4 billion to $17.9 billion as of December 31, 2023). Should the Adviser change the investments used for purposes of this 80% threshold, you will be notified at least 60 days prior to the change.The Fund seeks to achieve its investment objective by investing primarily in common stocks. The Adviser uses fundamental analysis and other investment techniques to identify stocks of companies that it believes have demonstrated and believes will sustain above average revenue and earnings growth over time, or which are expected to develop rapid sales and earnings growth in the future when compared to the economy and stock market as a whole. Many such companies are in the technology sector and the Fund may at times have a higher concentration in this industry.The Adviser may sell securities for a variety of reasons, such as to secure gains, limit losses, or reposition assets to more promising opportunities.
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TMCGX - Performance

Return Ranking - Trailing

Period TMCGX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -19.8% 19.2% 61.18%
1 Yr 10.3% -11.2% 49.0% 76.81%
3 Yr -3.2%* -29.7% 79.2% 59.43%
5 Yr N/A* -5.4% 97.2% 100.00%
10 Yr N/A* -0.3% 36.0% 97.88%

* Annualized

Return Ranking - Calendar

Period TMCGX Return Category Return Low Category Return High Rank in Category (%)
2023 16.9% -27.7% 68.0% 61.04%
2022 -28.3% -85.6% 350.1% 33.58%
2021 8.0% -77.0% 238.3% 23.80%
2020 N/A -44.1% 2474.5% 95.96%
2019 N/A -50.2% 44.0% 95.57%

Total Return Ranking - Trailing

Period TMCGX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -19.8% 19.2% 61.18%
1 Yr 10.3% -11.2% 49.0% 76.81%
3 Yr -3.2%* -29.7% 79.2% 59.43%
5 Yr N/A* -5.4% 97.2% 100.00%
10 Yr N/A* -0.3% 36.0% 99.73%

* Annualized

Total Return Ranking - Calendar

Period TMCGX Return Category Return Low Category Return High Rank in Category (%)
2023 16.9% -26.1% 68.0% 76.07%
2022 -28.3% -67.0% 440.7% 51.49%
2021 11.5% -23.5% 342.2% 58.16%
2020 N/A 2.6% 2549.1% 98.79%
2019 N/A 14.6% 44.8% 98.31%

NAV & Total Return History

TMCGX - Holdings

Concentration Analysis

TMCGX Category Low Category High TMCGX % Rank
Net Assets 30.1 M 2.73 M 100 B 95.19%
Number of Holdings 90 25 3644 33.27%
Net Assets in Top 10 6.2 M 449 K 9.69 B 96.49%
Weighting of Top 10 20.39% 0.4% 99.9% 80.78%

Top 10 Holdings

  1. Howmet Aerospace, Inc. 2.77%
  2. Thrivent Core Short-Term Reserve Fund 2.46%
  3. Palo Alto Networks, Inc. 2.03%
  4. Chipotle Mexican Grill, Inc. 2.00%
  5. MSCI, Inc. 1.94%
  6. Synopsys, Inc. 1.93%
  7. Tyler Technologies, Inc. 1.89%
  8. PTC, Inc. 1.83%
  9. Dexcom, Inc. 1.79%
  10. Dynatrace Holdings, LLC 1.76%

Asset Allocation

Weighting Return Low Return High TMCGX % Rank
Stocks 		95.76% 0.92% 101.30% 88.54%
Cash 		3.21% 0.00% 99.08% 25.32%
Preferred Stocks 		0.00% 0.00% 5.46% 91.68%
Other 		0.00% -0.18% 16.96% 90.76%
Convertible Bonds 		0.00% 0.00% 0.40% 90.76%
Bonds 		0.00% -3.27% 1.87% 90.39%

Stock Sector Breakdown

Weighting Return Low Return High TMCGX % Rank
Technology 		29.14% 0.04% 62.17% 65.06%
Industrials 		17.96% 0.00% 38.23% 20.52%
Healthcare 		17.80% 0.00% 37.06% 49.91%
Consumer Cyclical 		13.36% 0.00% 57.41% 58.60%
Financial Services 		8.61% 0.00% 43.01% 38.45%
Basic Materials 		4.61% 0.00% 17.25% 16.64%
Real Estate 		3.28% 0.00% 19.28% 36.23%
Communication Services 		2.16% 0.00% 18.33% 61.74%
Consumer Defense 		1.81% 0.00% 16.40% 57.67%
Energy 		1.28% 0.00% 62.10% 53.79%
Utilities 		0.00% 0.00% 12.94% 93.35%

Stock Geographic Breakdown

Weighting Return Low Return High TMCGX % Rank
US 		95.76% 0.64% 101.30% 78.19%
Non US 		0.00% 0.00% 34.57% 92.24%

TMCGX - Expenses

Operational Fees

TMCGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.82% 0.02% 17.54% 14.31%
Management Fee 0.75% 0.00% 1.50% 62.41%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.02% 0.00% 0.40% 5.08%

Sales Fees

TMCGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

TMCGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

TMCGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 61.00% 0.00% 250.31% 70.84%

TMCGX - Distributions

Dividend Yield Analysis

TMCGX Category Low Category High TMCGX % Rank
Dividend Yield 0.00% 0.00% 35.39% 94.45%

Dividend Distribution Analysis

TMCGX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Annual Annual

Net Income Ratio Analysis

TMCGX Category Low Category High TMCGX % Rank
Net Income Ratio -0.58% -2.24% 2.75% 50.66%

Capital Gain Distribution Analysis

TMCGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

TMCGX - Fund Manager Analysis

Managers

David Lettenberger

Start Date

Tenure

Tenure Rank

Feb 28, 2020

2.25

2.3%

Matthew D. Finn, CFA has been a portfolio manager at Thrivent Financial since 2013, when he joined the firm. Prior to joining Thrivent Financial, Mr. Lettenberger was a portfolio manager at UBS Global Asset Management since 1995. From 1999 until 2005, he was employed with U.S. Bancorp Asset Management. At U.S. Bancorp Asset Management, He was a Managing Director and Head of the Mid and Large Cap Growth team.

Siddharth Sinha

Start Date

Tenure

Tenure Rank

Jan 01, 2021

1.41

1.4%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 36.3 9.34 11.76

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