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Name

As of 04/26/2024

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 Low Volatility Equity Fund

TLVOX | Fund

$12.74

$25.1 M

2.76%

$0.35

1.42%

Vitals

YTD Return

2.2%

1 yr return

4.7%

3 Yr Avg Return

3.2%

5 Yr Avg Return

5.4%

Net Assets

$25.1 M

Holdings in Top 10

20.9%

52 WEEK LOW AND HIGH

$12.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.42%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 75.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$2,000

IRA

$1,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 04/26/2024

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 Low Volatility Equity Fund

TLVOX | Fund

$12.74

$25.1 M

2.76%

$0.35

1.42%

TLVOX - Profile

Distributions

  • YTD Total Return 2.2%
  • 3 Yr Annualized Total Return 3.2%
  • 5 Yr Annualized Total Return 5.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.15%
DIVIDENDS
  • Dividend Yield 2.8%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Thrivent Low Volatility Equity Fund
  • Fund Family Name
    Thrivent Funds
  • Inception Date
    Feb 28, 2017
  • Shares Outstanding
    N/A
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Noah Monsen

Fund Description

The Board of Trustees of Thrivent Mutual Funds has approved the merger of Thrivent Low Volatility Equity Fund (the “Target Fund”) into Thrivent Global Stock Fund. The merger is subject to approval by shareholders of the Target Fund at a special meeting of shareholders to be held on or about June 27, 2024. The merger, if approved by shareholders, will occur on or about July 19, 2024. The Target Fund will be closed to new shareholder accounts after the close of business on May 3, 2024.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. The Fund’s investments are diversified globally. The Fund may invest in securities denominated in U.S. dollars and the currencies of the foreign countries in which it may invest. The Fund typically has full currency exposure to those markets in which it invests. The Fund may buy or sell equity index futures for investment exposure or hedging purposes. The Fund may invest in securities of any market capitalization, including small- and mid-cap securities.In seeking to achieve the Fund’s investment objective, the Adviser employs investment management techniques to identify securities that exhibit low volatility returns. Volatility refers to the variation in security and market prices over time. Over a full market cycle, the Fund seeks to have a risk profile similar to the MSCI World Minimum Volatility Index – USD Net Returns. It is expected that the Fund will generally underperform the global equity markets during periods of strong market performance.In buying and selling securities for the Fund, the Adviser uses an active strategy. This strategy consists of a disciplined approach that involves computer-aided, quantitative analysis of fundamental, technical and risk-related factors. The Adviser’s factor model (a method of analyzing and combining multiple data sources) systematically reviews thousands of stocks, using data such as historical earnings growth and expected future growth, valuation, price momentum, and other quantitative factors to forecast return potential. Then, risk characteristics of potential investments and covariation among securities are analyzed along with the return forecasts in determining the Fund’s holdings to produce a portfolio with reduced volatility.
Read More

TLVOX - Performance

Return Ranking - Trailing

Period TLVOX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.2% -35.6% 29.2% 85.57%
1 Yr 4.7% 17.3% 252.4% 98.64%
3 Yr 3.2%* -3.5% 34.6% 82.97%
5 Yr 5.4%* 0.1% 32.7% N/A
10 Yr N/A* -6.9% 18.3% N/A

* Annualized

Return Ranking - Calendar

Period TLVOX Return Category Return Low Category Return High Rank in Category (%)
2023 3.4% -24.3% 957.1% 83.22%
2022 -13.0% -38.3% 47.1% 56.01%
2021 11.8% -54.2% 0.6% 4.71%
2020 0.4% -76.0% 54.1% N/A
2019 20.4% -26.1% 47.8% N/A

Total Return Ranking - Trailing

Period TLVOX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.2% -35.6% 29.2% 86.02%
1 Yr 4.7% 11.4% 252.4% 97.50%
3 Yr 3.2%* -3.5% 34.6% 81.02%
5 Yr 5.4%* 0.1% 32.7% N/A
10 Yr N/A* -6.9% 18.3% N/A

* Annualized

Total Return Ranking - Calendar

Period TLVOX Return Category Return Low Category Return High Rank in Category (%)
2023 8.0% -24.3% 957.1% 83.22%
2022 -10.8% -33.1% 47.1% 56.38%
2021 17.2% -44.4% 1.8% 12.65%
2020 2.0% -6.5% 54.1% N/A
2019 22.6% -14.4% 47.8% N/A

NAV & Total Return History

TLVOX - Holdings

Concentration Analysis

TLVOX Category Low Category High TLVOX % Rank
Net Assets 25.1 M 199 K 133 B 85.20%
Number of Holdings 155 1 9075 20.15%
Net Assets in Top 10 5.28 M -18 M 37.6 B 92.18%
Weighting of Top 10 20.88% 9.1% 100.0% 90.05%

Top 10 Holdings

  1. Thrivent Core Short-Term Reserve Fund 3.01%
  2. Cisco Systems, Inc. 2.49%
  3. Verizon Communications, Inc. 2.33%
  4. Johnson Johnson 2.21%
  5. Merck Company, Inc. 2.03%
  6. Colgate-Palmolive Company 1.85%
  7. Gilead Sciences, Inc. 1.83%
  8. Cboe Global Markets, Inc. 1.81%
  9. Canon, Inc. 1.69%
  10. Novartis AG 1.62%

Asset Allocation

Weighting Return Low Return High TLVOX % Rank
Stocks 		96.32% 61.84% 125.47% 28.08%
Cash 		3.64% -174.70% 23.12% 66.63%
Other 		0.04% -13.98% 19.14% 98.68%
Preferred Stocks 		0.00% -0.01% 5.28% 99.01%
Convertible Bonds 		0.00% 0.00% 4.46% 99.34%
Bonds 		0.00% -1.50% 161.67% 98.90%

Stock Sector Breakdown

Weighting Return Low Return High TLVOX % Rank
Healthcare 		18.80% 0.00% 35.42% 19.16%
Technology 		16.36% 0.00% 49.87% 81.28%
Consumer Defense 		15.62% 0.00% 73.28% 15.09%
Communication Services 		11.45% 0.00% 57.66% 27.20%
Financial Services 		10.06% 0.00% 38.42% 78.52%
Industrials 		9.37% 0.00% 44.06% 36.45%
Utilities 		8.22% 0.00% 29.12% 11.78%
Consumer Cyclical 		4.24% 0.00% 40.94% 90.97%
Basic Materials 		3.61% 0.00% 38.60% 39.32%
Real Estate 		2.19% 0.00% 39.48% 24.01%
Energy 		0.09% 0.00% 21.15% 52.64%

Stock Geographic Breakdown

Weighting Return Low Return High TLVOX % Rank
US 		64.48% 0.13% 103.82% 20.37%
Non US 		31.84% 0.58% 99.46% 74.23%

TLVOX - Expenses

Operational Fees

TLVOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.42% 0.01% 44.27% 19.95%
Management Fee 0.60% 0.00% 1.82% 31.51%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.02% 0.01% 0.76% N/A

Sales Fees

TLVOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

TLVOX 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.

TLVOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 75.00% 0.00% 395.00% 71.56%

TLVOX - Distributions

Dividend Yield Analysis

TLVOX Category Low Category High TLVOX % Rank
Dividend Yield 2.76% 0.00% 3.26% 99.34%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

TLVOX Category Low Category High TLVOX % Rank
Net Income Ratio 1.15% -4.27% 12.65% 24.20%

Capital Gain Distribution Analysis

TLVOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

TLVOX - Fund Manager Analysis

Managers

Noah Monsen

Start Date

Tenure

Tenure Rank

Feb 28, 2017

5.25

5.3%

Mr. Monsen has been with Thrivent Financial since 2000 and has served in an investment management capacity since 2008.

Brian Bomgren

Start Date

Tenure

Tenure Rank

Feb 28, 2018

4.25

4.3%

Mr. Bomgren has been with Thrivent Financial since 2006 and is currently a Senior Equity Portfolio Manager.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.82 6.24 1.25

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