AAINX: Thrivent Opportunity Income Plus Fund - MutualFunds.com
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Thrivent Opportunity Income Plus A

AAINX - Snapshot

Vitals

  • YTD Return -0.1%
  • 3 Yr Annualized Return 3.5%
  • 5 Yr Annualized Return 4.5%
  • Net Assets $813 M
  • Holdings in Top 10 26.1%

52 WEEK LOW AND HIGH

$10.22
$8.67
$10.26

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.89%

SALES FEES

  • Front Load 4.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 186.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,000
  • IRA $1,000

Fund Classification


Compare AAINX to Popular Bond Sector Diversified Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$12.08

+0.08%

$131.63 B

4.88%

$0.59

-0.25%

-

$10.39

+0.10%

$35.32 B

2.69%

$0.28

0.19%

-

$8.46

+0.12%

$20.24 B

3.67%

$0.31

0.59%

-

$12.60

+0.16%

$15.65 B

2.06%

$0.26

-0.08%

-

$9.76

0.00%

$15.00 B

4.61%

$0.45

-0.41%

-

AAINX - Profile

Distributions

  • YTD Total Return -0.1%
  • 3 Yr Annualized Total Return 1.9%
  • 5 Yr Annualized Total Return 3.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.90%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Thrivent Opportunity Income Plus Fund
  • Fund Family Name
    Thrivent Funds
  • Inception Date
    Jul 16, 1987
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Gregory Anderson

Fund Description

The fund invests in a broad range of debt securities. The debt securities in which the fund invests may be of any maturity or credit quality, including high yield, high risk bonds, notes, debentures and other debt obligations commonly known as "junk bonds." At the time of purchase, these high-yield securities are rated within or below the "BB" major rating category by S&P or the "Ba" major rating category by Moody's or are unrated but considered to be of comparable quality by the Adviser.


AAINX - Performance

Return Ranking - Trailing

Period AAINX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -2.0% 5.6% 59.68%
1 Yr 3.7% -28.6% 24.1% 64.40%
3 Yr 3.5%* -17.9% 10.4% 63.32%
5 Yr 4.5%* -11.9% 14.1% 58.74%
10 Yr 3.7%* -1.2% 13.0% 62.24%

* Annualized

Return Ranking - Calendar

Period AAINX Return Category Return Low Category Return High Rank in Category (%)
2020 0.6% -49.2% 314.3% 58.63%
2019 4.2% -35.1% 15.3% 56.06%
2018 -5.1% -48.0% 3.1% 47.70%
2017 1.5% -14.8% 11.2% 56.20%
2016 3.4% -11.2% 10.7% 43.41%

Total Return Ranking - Trailing

Period AAINX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -2.0% 5.6% 59.68%
1 Yr -0.9% -31.1% 24.1% 83.95%
3 Yr 1.9%* -19.5% 10.4% 83.39%
5 Yr 3.5%* -12.9% 14.1% 74.70%
10 Yr 3.2%* -1.2% 13.0% 70.69%

* Annualized

Total Return Ranking - Calendar

Period AAINX Return Category Return Low Category Return High Rank in Category (%)
2020 0.6% -49.2% 314.3% 58.63%
2019 4.2% -35.1% 15.3% 59.32%
2018 -5.1% -48.0% 8.0% 62.86%
2017 1.5% -14.8% 15.2% 71.72%
2016 3.4% -11.2% 17.7% 57.17%

NAV & Total Return History


AAINX - Holdings

Concentration Analysis

AAINX Category Low Category High AAINX % Rank
Net Assets 813 M 1 M 132 B 41.33%
Number of Holdings 1089 3 7676 21.88%
Net Assets in Top 10 228 M -2.76 B 12 B 34.65%
Weighting of Top 10 26.09% 4.8% 100.0% 49.55%

Top 10 Holdings

  1. Thrivent Core Emerging Markets Debt 13.91%
  2. Thrivent Core Emerging Markets Debt 13.91%
  3. Thrivent Core Emerging Markets Debt 13.91%
  4. Thrivent Core Emerging Markets Debt 13.91%
  5. Thrivent Core Emerging Markets Debt 13.91%
  6. Thrivent Core Emerging Markets Debt 13.91%
  7. Thrivent Core Emerging Markets Debt 13.91%
  8. Thrivent Core Emerging Markets Debt 13.91%
  9. Thrivent Core Emerging Markets Debt 13.91%
  10. Thrivent Core Emerging Markets Debt 13.91%

Asset Allocation

Weighting Return Low Return High AAINX % Rank
Bonds
71.29% -262.75% 9989800.00% 84.75%
Other
13.41% -42.24% 120.57% 1.22%
Cash
13.14% -229.11% 362.75% 19.02%
Convertible Bonds
1.21% 0.00% 179.84% 55.43%
Preferred Stocks
1.13% 0.00% 35.26% 16.98%
Stocks
-0.18% -91.60% 170.77% 99.33%

Bond Sector Breakdown

Weighting Return Low Return High AAINX % Rank
Corporate
55.75% 0.00% 99.91% 32.61%
Securitized
28.68% 0.00% 99.25% 35.87%
Cash & Equivalents
15.53% 0.01% 100.00% 22.28%
Government
0.04% 0.00% 98.23% 87.23%
Derivative
0.00% 0.00% 68.37% 73.37%
Municipal
0.00% 0.00% 41.64% 66.30%

Bond Geographic Breakdown

Weighting Return Low Return High AAINX % Rank
US
63.05% -262.75% 219.84% 54.48%
Non US
8.24% -13.39% 231.13% 79.89%

AAINX - Expenses

Operational Fees

AAINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.89% 0.01% 14.61% 69.74%
Management Fee 0.44% 0.00% 2.25% 9.88%
12b-1 Fee 0.25% 0.00% 1.00% 28.33%
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

AAINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.50% 0.00% 5.75% 22.92%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

AAINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 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.

AAINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 186.00% 0.00% 493.00% 84.47%

AAINX - Distributions

Dividend Yield Analysis

AAINX Category Low Category High AAINX % Rank
Dividend Yield 0.00% 0.00% 6.42% 32.76%

Dividend Distribution Analysis

AAINX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

AAINX Category Low Category High AAINX % Rank
Net Income Ratio 3.90% -1.55% 18.14% 31.73%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

AAINX - Fund Manager Analysis

Managers

Gregory Anderson


Start Date

Tenure

Tenure Rank

Apr 07, 2005

15.75

15.8%

Mr. Anderson is the Vice President of Fixed Income Securities for Thrivent Financial and recently served as Senior Portfolio Manager of Thrivent Financial’s mortgage-backed securities (MBS) portfolio. He is also co-portfolio manager of certain Thrivent fixed income mutual funds. Mr. Anderson joined Thrivent Financial in 1997 and has held a variety of positions, including corporate bond investment analyst and securitized assets portfolio manager. Prior to that, he was employed at Telephone & Data Systems Inc from 1991 until 1997, serving as a senior treasury analyst from 1994 through 1997.

Conrad Smith


Start Date

Tenure

Tenure Rank

Aug 16, 2013

7.38

7.4%

Conrad Smith, CFA has served as a portfolio manager of the Fund since 2013. Mr. Smith has been with Thrivent Financial since 2004 and also manages the leveraged loan portfolio and the high yield bond portfolio of Thrivent Financial’s general account.

Kent White


Start Date

Tenure

Tenure Rank

May 04, 2015

5.67

5.7%

White has been with Thrivent since 1999. Before serving as portfolio co-manager, he was, since 2004, an investment grade research manager. Prior to that position, White was a Senior Investment Grade Research Analyst.

Paul Ocenasek


Start Date

Tenure

Tenure Rank

May 04, 2015

5.67

5.7%

Ocenasek has been with Thrivent Financial since 1987 and has been a portfolio manager since 1997. Ocenasek holds the Chartered Financial Analyst designation.

Stephen Lowe


Start Date

Tenure

Tenure Rank

Feb 28, 2018

2.84

2.8%

Mr. Lowe has been a senior portfolio manager of the high yield portion of Thrivent Financial’s general account since 2005. Prior to this position, he was, since 2004, a high yield research manager and, since 2002, an associate portfolio manager of the high yield portion of the general account. He has been with Thrivent Financial since 1997.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 29.65 5.5 2.0