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Name

As of 04/23/2024

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 Value Fund

TMCVX | Fund

$16.90

$39.1 M

0.95%

$0.16

1.56%

Vitals

YTD Return

2.2%

1 yr return

14.4%

3 Yr Avg Return

5.6%

5 Yr Avg Return

N/A

Net Assets

$39.1 M

Holdings in Top 10

20.6%

52 WEEK LOW AND HIGH

$16.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.56%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 36.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$2,000

IRA

$1,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 04/23/2024

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 Value Fund

TMCVX | Fund

$16.90

$39.1 M

0.95%

$0.16

1.56%

TMCVX - Profile

Distributions

  • YTD Total Return 2.2%
  • 3 Yr Annualized Total Return 5.6%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.53%
DIVIDENDS
  • Dividend Yield 0.9%
  • Dividend Distribution Frequency Annual

Fund Details

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

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 are undervalued in relation to their long-term earnings potential or asset value. 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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TMCVX - Performance

Return Ranking - Trailing

Period TMCVX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.2% -3.4% 10.6% 72.92%
1 Yr 14.4% -5.8% 35.1% 58.98%
3 Yr 5.6%* -4.7% 14.8% 33.70%
5 Yr N/A* -0.6% 16.2% N/A
10 Yr N/A* 0.1% 12.1% N/A

* Annualized

Return Ranking - Calendar

Period TMCVX Return Category Return Low Category Return High Rank in Category (%)
2023 12.2% -11.3% 33.3% 24.73%
2022 -8.2% -41.6% 2.3% 8.42%
2021 26.7% -41.5% 44.9% 21.80%
2020 N/A -29.0% 22.1% N/A
2019 N/A -8.1% 31.2% N/A

Total Return Ranking - Trailing

Period TMCVX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.2% -3.4% 10.6% 72.92%
1 Yr 14.4% -5.8% 35.1% 58.98%
3 Yr 5.6%* -4.7% 14.8% 33.70%
5 Yr N/A* -0.6% 16.2% N/A
10 Yr N/A* 0.1% 12.1% N/A

* Annualized

Total Return Ranking - Calendar

Period TMCVX Return Category Return Low Category Return High Rank in Category (%)
2023 13.3% -3.7% 36.5% 42.20%
2022 -5.4% -35.0% 2.4% 24.46%
2021 31.7% 6.2% 48.3% 25.89%
2020 N/A -22.9% 23.2% N/A
2019 N/A -3.0% 35.7% N/A

NAV & Total Return History

TMCVX - Holdings

Concentration Analysis

TMCVX Category Low Category High TMCVX % Rank
Net Assets 39.1 M 991 K 28 B 94.12%
Number of Holdings 74 8 2449 57.22%
Net Assets in Top 10 7.96 M 250 K 4.28 B 95.45%
Weighting of Top 10 20.63% 5.0% 104.2% 57.49%

Top 10 Holdings

  1. Flowserve Corporation 2.64%
  2. Carlyle Group, Inc. 2.20%
  3. General Dynamics Corporation 2.11%
  4. Laboratory Corporation of America Holdings 2.02%
  5. Allstate Corporation 2.00%
  6. Celanese Corporation 2.00%
  7. MKS Instruments, Inc. 1.93%
  8. Werner Enterprises, Inc. 1.92%
  9. Berry Plastics Group, Inc. 1.92%
  10. Capital One Financial Corporation 1.91%

Asset Allocation

Weighting Return Low Return High TMCVX % Rank
Stocks 		98.35% 56.38% 102.65% 51.34%
Cash 		1.65% 0.00% 43.98% 44.39%
Convertible Bonds 		0.02% 0.00% 0.02% 0.27%
Preferred Stocks 		0.00% 0.00% 5.43% 63.64%
Other 		0.00% -1.97% 8.33% 71.66%
Bonds 		0.00% 0.00% 27.69% 61.76%

Stock Sector Breakdown

Weighting Return Low Return High TMCVX % Rank
Financial Services 		19.37% 0.00% 60.11% 31.99%
Industrials 		15.80% 0.00% 29.02% 49.73%
Consumer Cyclical 		11.09% 0.00% 29.62% 50.00%
Technology 		10.37% 0.00% 30.07% 30.11%
Healthcare 		9.98% 0.00% 32.47% 41.94%
Consumer Defense 		8.74% 0.00% 33.79% 15.86%
Real Estate 		6.33% 0.00% 40.74% 68.01%
Energy 		6.12% 0.00% 29.17% 63.17%
Basic Materials 		5.04% 0.00% 23.88% 57.26%
Utilities 		4.79% 0.00% 24.69% 63.44%
Communication Services 		2.38% 0.00% 19.80% 52.15%

Stock Geographic Breakdown

Weighting Return Low Return High TMCVX % Rank
US 		96.41% 56.38% 102.65% 70.05%
Non US 		1.95% 0.00% 34.45% 21.93%

TMCVX - Expenses

Operational Fees

TMCVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.56% 0.01% 16.92% 16.84%
Management Fee 0.75% 0.00% 1.20% 71.39%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.02% 0.01% 0.40% 1.96%

Sales Fees

TMCVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

TMCVX 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.

TMCVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 36.00% 0.00% 227.00% 35.00%

TMCVX - Distributions

Dividend Yield Analysis

TMCVX Category Low Category High TMCVX % Rank
Dividend Yield 0.95% 0.00% 23.17% 72.65%

Dividend Distribution Analysis

TMCVX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Quarterly

Net Income Ratio Analysis

TMCVX Category Low Category High TMCVX % Rank
Net Income Ratio 0.53% -1.84% 4.73% 66.85%

Capital Gain Distribution Analysis

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

Distributions History

View More +

TMCVX - Fund Manager Analysis

Managers

Graham Wong

Start Date

Tenure

Tenure Rank

Feb 28, 2020

2.25

2.3%

Graham Wong, CFA, has been a portfolio manager at Thrivent Financial since 2013, when he joined the firm. He served as Vice President and Research Analyst at Westwood Management Corp., since December 2010. Prior to that appointment, he served as Assistant Vice President from 2006 to 2010. He joined the Adviser Westwood Management Corp. in 2002 as an Assistant Research Analyst. He participates in the investment decision process during the portfolio team meetings in which the team decides the stock/weight selection for the target portfolio.

Nicholas Griffith

Start Date

Tenure

Tenure Rank

Feb 28, 2022

0.25

0.3%

Nicholas E. Griffith, MD, MBA, CFA (associate portfolio manager) has served as a portfolio manager of the Fund since February 2022. Mr. Griffith has been a portfolio manager at Thrivent Financial since 2021, when he joined the firm.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.59 8.28 10.92

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