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Trending ETFs

Thrivent Money Market Fund

mutual fund
AALXX
Payout Change
Pending
Price as of:
$1.0 +0.0 +0.0%
primary theme
Taxable Money Market
share class
A (AMMXX) S (AALXX)
AALXX (Mutual Fund)

Thrivent Money Market Fund

Payout Change
Pending
Price as of:
$1.0 +0.0 +0.0%
primary theme
Taxable Money Market
share class
A (AMMXX) S (AALXX)
AALXX (Mutual Fund)

Thrivent Money Market Fund

Payout Change
Pending
Price as of:
$1.0 +0.0 +0.0%
primary theme
Taxable Money Market
share class
A (AMMXX) S (AALXX)

Name

As of 12/24/2024

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 Money Market Fund

AALXX | Fund

$1.00

$110 M

4.20%

$0.04

0.36%

Vitals

YTD Return

5.1%

1 yr return

5.1%

3 Yr Avg Return

3.6%

5 Yr Avg Return

2.2%

Net Assets

$110 M

Holdings in Top 10

32.8%

52 WEEK LOW AND HIGH

$1.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.36%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$2,000

IRA

$1,000

Fund Classification

Fund Type

Money Market Fund

Name

As of 12/24/2024

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 Money Market Fund

AALXX | Fund

$1.00

$110 M

4.20%

$0.04

0.36%

AALXX - Profile

Distributions

  • YTD Total Return 5.1%
  • 3 Yr Annualized Total Return 3.6%
  • 5 Yr Annualized Total Return 2.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.00%
DIVIDENDS
  • Dividend Yield 4.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Thrivent Money Market Fund
  • Fund Family Name
    Thrivent Funds
  • Inception Date
    Nov 22, 2000
  • Shares Outstanding
    N/A
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    William Stouten

Fund Description

The Fund seeks to produce current income while maintaining liquidity by investing at least 99.5% of its total assets in government securities, cash and repurchase agreements collateralized fully by government securities or cash. Government securities are any securities issued or guaranteed as to principal or interest by the United States, or by a person controlled or supervised by and acting as an instrumentality of the government of the United States pursuant to authority granted by the Congress of the United States; or any certificate of deposit for any of the foregoing.The Adviser manages the Fund subject to strict rules established by the Securities and Exchange Commission that are designed so that the Fund may maintain a stable $1.00 share price. Those rules generally require the Fund, among other things, to invest only in high quality securities that are denominated in U.S. dollars and have short remaining maturities. In addition, the rules require the Fund to maintain a dollar-weighted average maturity (WAM) of not more than 60 days and a dollar-weighted average life (WAL) of not more than 120 days. When calculating its WAM, the Fund may shorten its maturity by using the interest rate resets of certain adjustable rate securities. Generally, the Fund may not take into account these resets when calculating its WAL.The Adviser typically invests in U.S. Treasury securities, short-term discount notes issued by government-related organizations and government securities payable within seven-days or less to provide liquidity for reasonably foreseeable shareholder redemptions and to comply with regulatory requirements. The Adviser invests in other securities by selecting from the available supply of short-term government securities based on its interest rate outlook. Although the Fund frequently holds securities until maturity, the Adviser may sell securities to increase liquidity.
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AALXX - Performance

Return Ranking - Trailing

Period AALXX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.1% 0.5% 10.4% 42.64%
1 Yr 5.1% 0.5% 10.4% 45.43%
3 Yr 3.6%* 0.7% 5.4% 47.58%
5 Yr 2.2%* 0.5% 3.3% 46.02%
10 Yr 1.4%* 0.4% 32.5% 41.50%

* Annualized

Return Ranking - Calendar

Period AALXX Return Category Return Low Category Return High Rank in Category (%)
2023 0.0% -0.1% 5.0% 93.40%
2022 0.0% 0.0% 1.2% 97.14%
2021 0.0% 0.0% 0.0% 96.98%
2020 0.0% 0.0% 0.4% 97.29%
2019 0.0% 0.0% 2.0% 97.17%

Total Return Ranking - Trailing

Period AALXX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.1% 0.5% 10.4% 42.64%
1 Yr 5.1% 0.5% 10.4% 45.43%
3 Yr 3.6%* 0.7% 5.4% 47.58%
5 Yr 2.2%* 0.5% 3.3% 46.02%
10 Yr 1.4%* 0.4% 32.5% 41.50%

* Annualized

Total Return Ranking - Calendar

Period AALXX Return Category Return Low Category Return High Rank in Category (%)
2023 5.1% 0.8% 5.9% 39.59%
2022 1.3% 0.0% 1.7% 46.75%
2021 0.0% 0.0% 1.9% 100.00%
2020 0.4% 0.0% 3.0% 33.73%
2019 1.9% 0.0% 3797.9% 52.83%

NAV & Total Return History

AALXX - Holdings

Concentration Analysis

AALXX Category Low Category High AALXX % Rank
Net Assets 110 M 818 K 211 B 77.48%
Number of Holdings 85 1 346 29.53%
Net Assets in Top 10 232 M 147 K 163 B 93.05%
Weighting of Top 10 32.81% 22.7% 100.0% 97.19%

Top 10 Holdings

  1. Rbc Dominion Securities Inc. 8.18%
  2. Rbc Dominion Securities Inc. 8.18%
  3. Rbc Dominion Securities Inc. 8.18%
  4. Rbc Dominion Securities Inc. 8.18%
  5. Rbc Dominion Securities Inc. 8.18%
  6. Rbc Dominion Securities Inc. 8.18%
  7. Rbc Dominion Securities Inc. 8.18%
  8. Rbc Dominion Securities Inc. 8.18%
  9. Rbc Dominion Securities Inc. 8.18%
  10. Rbc Dominion Securities Inc. 8.18%

Asset Allocation

Weighting Return Low Return High AALXX % Rank
Cash 		57.18% 25.56% 100.00% 97.28%
Bonds 		42.82% 0.00% 74.44% 2.23%
Stocks 		0.00% 0.00% 0.00% 97.28%
Preferred Stocks 		0.00% 0.00% 0.00% 97.28%
Other 		0.00% -1.67% 0.04% 96.04%
Convertible Bonds 		0.00% 0.00% 21.22% 98.02%

Bond Sector Breakdown

Weighting Return Low Return High AALXX % Rank
Cash & Equivalents 		57.18% 0.00% 100.00% 95.05%
Government 		41.07% 0.00% 44.01% 0.74%
Securitized 		1.75% 0.00% 1.75% 0.50%
Derivative 		0.00% 0.00% 0.00% 97.28%
Corporate 		0.00% 0.00% 100.00% 98.51%
Municipal 		0.00% 0.00% 22.71% 97.77%

Bond Geographic Breakdown

Weighting Return Low Return High AALXX % Rank
US 		42.82% 0.00% 72.86% 2.23%
Non US 		0.00% 0.00% 3.41% 97.77%

AALXX - Expenses

Operational Fees

AALXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.36% 0.07% 2.23% 53.22%
Management Fee 0.24% 0.03% 0.50% 83.42%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.02% 0.01% 0.55% 1.39%

Sales Fees

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

Trading Fees

AALXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 5.00% 5.00% 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.

AALXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 485.00% N/A

AALXX - Distributions

Dividend Yield Analysis

AALXX Category Low Category High AALXX % Rank
Dividend Yield 4.20% 0.00% 5.42% 42.33%

Dividend Distribution Analysis

AALXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

AALXX Category Low Category High AALXX % Rank
Net Income Ratio 0.00% -1.09% 1.67% 97.72%

Capital Gain Distribution Analysis

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

Distributions History

View More +

AALXX - Fund Manager Analysis

Managers

William Stouten

Start Date

Tenure

Tenure Rank

Dec 31, 2003

18.43

18.4%

Stouten was a research analyst/trader for the money market funds at Thrivent from 2001 to 2003. Prior to joining Thrivent, Stouten served as a senior research analyst for Voyageur Asset Management from 1998 to 2001.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 46.68 15.23 19.01

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