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Name

As of 06/02/2026

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 International Equity Fund

TWAAX | Fund

$14.47

$1.08 B

2.12%

$0.31

1.28%

Vitals

YTD Return

15.1%

1 yr return

29.4%

3 Yr Avg Return

19.1%

5 Yr Avg Return

8.3%

Net Assets

$1.08 B

Holdings in Top 10

21.9%

52 WEEK LOW AND HIGH

$14.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.28%

SALES FEES

Front Load 4.50%

Deferred Load N/A

TRADING FEES

Turnover 124.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$2,000

IRA

$1,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 06/02/2026

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 International Equity Fund

TWAAX | Fund

$14.47

$1.08 B

2.12%

$0.31

1.28%

TWAAX - Profile

Distributions

  • YTD Total Return 15.1%
  • 3 Yr Annualized Total Return 19.1%
  • 5 Yr Annualized Total Return 8.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.17%
DIVIDENDS
  • Dividend Yield 2.1%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Thrivent International Equity Fund
  • Fund Family Name
    Thrivent Funds
  • Inception Date
    Feb 29, 2008
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Len Ioffe

Fund Description

The Fund seeks to achieve its objective by investing at least 80% of its net assets in equity securities of issuers throughout the world. The Fund seeks to diversify its portfolio broadly among developed and emerging countries and among multiple asset classes. Under normal market conditions, the Fund invests at least 40% of its net assets in foreign assets. If market conditions are not deemed favorable by the Adviser, the Fund could invest a lower percentage, but at least 30% of its net assets in foreign assets. An asset may be determined to be foreign based on the issuer’s domicile, principal place of business, stock exchange listing, source of revenue, or other factors. Foreign securities may include those of issuers in emerging markets. The Adviser determines which countries are considered “emerging markets” based on MSCI’s Market Classification Framework, which evaluates markets based on economic development, size and liquidity, and market accessibility. Foreign securities may also include depositary receipts. The Fund may also pursue its investment strategy by investing in derivatives such as futures contracts to either hedge its exposure or gain exposure to certain investments. 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.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.
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TWAAX - Performance

Return Ranking - Trailing

Period TWAAX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.1% -3.0% 35.2% 12.05%
1 Yr 29.4% -7.6% 66.4% 28.40%
3 Yr 19.1%* -0.8% 30.8% 35.92%
5 Yr 8.3%* -34.2% 34.0% 44.94%
10 Yr 7.8%* 2.5% 41.2% 85.18%

* Annualized

Return Ranking - Calendar

Period TWAAX Return Category Return Low Category Return High Rank in Category (%)
2025 22.2% -64.4% 46.9% 64.96%
2024 1.2% -30.9% 19.1% 46.50%
2023 14.4% -1.4% 22.0% 37.97%
2022 -20.0% -90.1% 71.3% 75.96%
2021 4.2% -23.1% 18.9% 58.26%

Total Return Ranking - Trailing

Period TWAAX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.1% -3.0% 35.2% 12.05%
1 Yr 29.4% -7.6% 66.4% 28.40%
3 Yr 19.1%* -0.8% 30.8% 35.92%
5 Yr 8.3%* -34.2% 34.0% 44.94%
10 Yr 7.8%* 2.5% 41.2% 85.18%

* Annualized

Total Return Ranking - Calendar

Period TWAAX Return Category Return Low Category Return High Rank in Category (%)
2025 30.2% 6.6% 54.4% 60.17%
2024 3.9% -17.9% 22.0% 60.51%
2023 17.5% 3.2% 23.8% 35.40%
2022 -18.6% -89.7% 144.8% 81.05%
2021 11.8% -22.6% 56.0% 28.06%

NAV & Total Return History

TWAAX - Holdings

Concentration Analysis

TWAAX Category Low Category High TWAAX % Rank
Net Assets 1.08 B 3.54 M 629 B 51.62%
Number of Holdings 1137 1 10834 8.89%
Net Assets in Top 10 227 M 1.03 M 75.3 B 53.16%
Weighting of Top 10 21.91% 5.7% 103.9% 54.56%

Top 10 Holdings

  1. Thrivent Core Short-Term Reserve Fund 6.20%
  2. State Street Institutional U.S. Government Money Market Fund 3.26%
  3. ASML Holding NV 2.19%
  4. Novartis AG 1.81%
  5. Shell plc 1.55%
  6. Roche Holding AG, Participation Certificates 1.54%
  7. ABB, Ltd. 1.44%
  8. Allianz SE 1.39%
  9. UniCredit SPA 1.30%
  10. Taiwan Semiconductor Manufacturing Company, Ltd. 1.24%

Asset Allocation

Weighting Return Low Return High TWAAX % Rank
Stocks 		89.10% 0.00% 103.91% 94.19%
Cash 		10.28% -1.24% 28.70% 4.27%
Other 		0.42% -4.59% 9.87% 14.36%
Preferred Stocks 		0.20% 0.00% 3.20% 43.76%
Convertible Bonds 		0.00% 0.00% 4.18% 38.08%
Bonds 		0.00% 0.00% 146.29% 42.39%

Stock Sector Breakdown

Weighting Return Low Return High TWAAX % Rank
Financial Services 		18.75% 0.18% 45.44% 40.18%
Industrials 		17.12% 5.17% 99.49% 17.54%
Healthcare 		10.54% 0.00% 20.35% 66.67%
Consumer Cyclical 		10.47% 0.00% 21.37% 43.33%
Technology 		9.31% 0.30% 22.37% 71.40%
Basic Materials 		9.23% 0.00% 23.86% 27.72%
Consumer Defense 		7.87% 0.00% 32.29% 77.19%
Energy 		7.03% 0.00% 16.89% 12.98%
Communication Services 		5.49% 0.00% 21.69% 59.65%
Real Estate 		2.36% 0.00% 14.59% 40.53%
Utilities 		1.83% 0.00% 13.68% 70.00%

Stock Geographic Breakdown

Weighting Return Low Return High TWAAX % Rank
Non US 		87.22% 0.00% 99.68% 68.38%
US 		1.88% 0.00% 100.07% 69.57%

TWAAX - Expenses

Operational Fees

TWAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.28% 0.02% 13.76% 27.96%
Management Fee 0.67% 0.00% 1.58% 56.63%
12b-1 Fee 0.25% 0.00% 1.00% 37.15%
Administrative Fee 0.02% 0.01% 1.00% 5.52%

Sales Fees

TWAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.50% 3.50% 5.75% 90.41%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

TWAAX 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.

TWAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 124.00% 2.00% 247.00% 92.87%

TWAAX - Distributions

Dividend Yield Analysis

TWAAX Category Low Category High TWAAX % Rank
Dividend Yield 2.12% 0.00% 17.49% 33.16%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

TWAAX Category Low Category High TWAAX % Rank
Net Income Ratio 1.17% -0.77% 3.63% 67.66%

Capital Gain Distribution Analysis

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

Distributions History

View More +

TWAAX - Fund Manager Analysis

Managers

Len Ioffe

Start Date

Tenure

Tenure Rank

Sep 25, 2013

8.68

8.7%

Senior Portfolio Managers oversee all aspects of their product areas from research to implementation and are ultimately responsible for supervising and monitoring the process, implementation, and controls. They are supported by teams throughout the functional areas.

Osman Ali

Start Date

Tenure

Tenure Rank

Sep 25, 2013

8.68

8.7%

Senior Portfolio Managers oversee all aspects of their product areas from research to implementation and are ultimately responsible for supervising and monitoring the process, implementation, and controls. They are supported by teams throughout the functional areas.

Takashi Suwabe

Start Date

Tenure

Tenure Rank

Sep 25, 2013

8.68

8.7%

Takashi Suwabe is co-head of active equity research in the QIS team. He joined Goldman Sachs Asset Management in 2004 and has been a member of the QIS team since 2009.

Noah Monsen

Start Date

Tenure

Tenure Rank

Feb 29, 2016

6.25

6.3%

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 29, 2016

6.25

6.3%

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

Dennis Walsh

Start Date

Tenure

Tenure Rank

Feb 28, 2021

1.25

1.3%

Dennis Walsh joined Goldman Sachs Asset Management, L.P. as an associate in 2009 and has been a portfolio manager since 2012. Between 2005 and 2007 he worked as a senior developer at Goldman Sachs and after that attended the graduate school at Princeton University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.35 6.45 3.25

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