LBLAX: Thrivent Limited Maturity Bond A

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LBLAX Thrivent Limited Maturity Bond A


Profile

LBLAX - Profile

Vitals

  • YTD Return -3.2%
  • 3 Yr Annualized Return -0.9%
  • 5 Yr Annualized Return -0.6%
  • Net Assets $1.06 B
  • Holdings in Top 10 19.1%

52 WEEK LOW AND HIGH

$12.11
$11.83
$12.65

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.61%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 109.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return -3.2%
  • 3 Yr Annualized Total Return -0.9%
  • 5 Yr Annualized Total Return -0.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.45%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Thrivent Limited Maturity Bond Fund
  • Fund Family Name
    Thrivent Funds
  • Inception Date
    Oct 29, 1999
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Landreville

Fund Description

Under normal market conditions, the fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in debt securities or preferred stock in at least the "Baa" major rating category by Moody's or at least in the "BBB" major rating category by S&P or unrated securities considered to be of comparable quality by the fund's Adviser, with the dollar-weighted average effective maturity for the fund expected to be between one and five years.


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Categories

Performance

LBLAX - Performance

Return Ranking - Trailing

Period LBLAX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.2% -25.7% 196.2% 69.25%
1 Yr -2.4% -24.6% 191.4% 84.44%
3 Yr -0.9%* -7.9% 8.6% 82.55%
5 Yr -0.6%* -6.0% 11.4% 61.28%
10 Yr -0.2%* -5.4% 3.9% 76.79%

* Annualized

Return Ranking - Calendar

Period LBLAX Return Category Return Low Category Return High Rank in Category (%)
2019 2.0% -4.3% 18.3% 83.67%
2018 -1.5% -11.7% 4.6% 25.42%
2017 0.4% -6.0% 8.3% 72.42%
2016 0.9% -7.8% 7.7% 23.09%
2015 -0.9% -18.3% 3.0% 47.03%

Total Return Ranking - Trailing

Period LBLAX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.2% -25.7% 196.2% 69.25%
1 Yr -2.4% -24.6% 191.4% 84.44%
3 Yr -0.9%* -7.9% 10.7% 85.91%
5 Yr -0.6%* -6.0% 11.4% 68.48%
10 Yr -0.2%* -5.4% 6.7% 83.82%

* Annualized

Total Return Ranking - Calendar

Period LBLAX Return Category Return Low Category Return High Rank in Category (%)
2019 2.0% -4.3% 18.3% 84.22%
2018 -1.5% -11.7% 6.5% 33.61%
2017 0.4% -6.0% 10.4% 76.98%
2016 0.9% -7.8% 10.7% 30.22%
2015 -0.9% -12.6% 4.2% 54.36%

NAV & Total Return History


Holdings

LBLAX - Holdings

Concentration Analysis

LBLAX Category Low Category High LBLAX % Rank
Net Assets 1.06 B 640 K 259 B 37.19%
Number of Holdings 464 1 17723 36.43%
Net Assets in Top 10 231 M -216 M 24.5 B 36.47%
Weighting of Top 10 19.06% 2.4% 100.0% 55.30%

Top 10 Holdings

  1. Federal National Mortgage Association 3% 3.26%
  2. United States Treasury Notes 1.5% 3.23%
  3. United States Treasury Notes 2.5% 3.05%
  4. United States Treasury Notes 2.62% 1.88%
  5. United States Treasury Notes 2.62% 1.86%
  6. Vanguard Short-Term Corporate Bond ETF 1.75%
  7. United States Treasury Notes 1.25% 1.27%
  8. United States Treasury Notes 2% 1.17%
  9. Federal National Mortgage Association 3% 0.87%
  10. United States Treasury Bonds 5.5% 0.74%

Asset Allocation

Weighting Return Low Return High LBLAX % Rank
Bonds
85.73% 80.16% 159.74% 97.01%
Cash
11.83% -59.74% 19.74% 2.48%
Convertible Bonds
2.32% 0.00% 7.24% 5.54%
Preferred Stocks
0.13% 0.00% 7.43% 9.36%
Stocks
0.00% -0.38% 24.73% 79.95%
Other
0.00% -4.02% 28.26% 77.14%

Bond Sector Breakdown

Weighting Return Low Return High LBLAX % Rank
Securitized
40.53% 0.00% 98.30% 15.95%
Corporate
30.72% 0.00% 99.29% 26.24%
Government
16.92% -2.21% 122.41% 38.52%
Cash & Equivalents
11.83% -29.57% 39.95% 3.74%
Derivative
0.00% -0.83% 31.05% 81.82%
Municipal
0.00% 0.00% 100.11% 95.32%

Bond Geographic Breakdown

Weighting Return Low Return High LBLAX % Rank
US
74.00% 61.83% 156.78% 96.08%
Non US
11.73% -26.61% 26.76% 17.96%

Expenses

LBLAX - Expenses

Operational Fees

LBLAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.61% 0.01% 34.57% 67.33%
Management Fee 0.29% 0.00% 1.10% 22.20%
12b-1 Fee 0.13% 0.00% 1.00% 21.10%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

LBLAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% 18.53%
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

LBLAX 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.

LBLAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 109.00% 0.00% 489.00% 79.50%

Distributions

LBLAX - Distributions

Dividend Yield Analysis

LBLAX Category Low Category High LBLAX % Rank
Dividend Yield 0.66% 0.00% 3.70% 13.97%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

LBLAX Category Low Category High LBLAX % Rank
Net Income Ratio 2.45% -0.20% 6.30% 57.14%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

LBLAX - Fund Manager Analysis

Managers

Michael Landreville


Start Date

Tenure

Tenure Rank

Oct 29, 1999

20.44

20.4%

Landreville has been with Thrivent Financial since 1983, and has served as associate portfolio manager from 1987 through 1997 and as a portfolio manager since 1998. Landreville holds the Chartered Financial Analyst designation.

Gregory Anderson


Start Date

Tenure

Tenure Rank

Apr 29, 2005

14.93

14.9%

Anderson has been with Thrivent Financial since 1997 and has served as a portfolio manager since 2000. 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.

Cortney Swensen


Start Date

Tenure

Tenure Rank

Feb 28, 2020

0.09

0.1%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.35 7.41 0.25