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Trending ETFs

Thrivent High Yield Fund

mutual fund
LBHIX
Payout Change
Pending
Price as of:
$4.21 -0.02 -0.47%
primary theme
High Yield Bond
share class
A (LBHYX) S (LBHIX)
LBHIX (Mutual Fund)

Thrivent High Yield Fund

Payout Change
Pending
Price as of:
$4.21 -0.02 -0.47%
primary theme
High Yield Bond
share class
A (LBHYX) S (LBHIX)
LBHIX (Mutual Fund)

Thrivent High Yield Fund

Payout Change
Pending
Price as of:
$4.21 -0.02 -0.47%
primary theme
High Yield Bond
share class
A (LBHYX) S (LBHIX)

Name

As of 12/19/2024

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 High Yield Fund

LBHIX | Fund

$4.21

$631 M

5.96%

$0.25

0.55%

Vitals

YTD Return

6.6%

1 yr return

7.2%

3 Yr Avg Return

2.6%

5 Yr Avg Return

2.9%

Net Assets

$631 M

Holdings in Top 10

16.7%

52 WEEK LOW AND HIGH

$4.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.55%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 64.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$2,000

IRA

$1,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/19/2024

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 High Yield Fund

LBHIX | Fund

$4.21

$631 M

5.96%

$0.25

0.55%

LBHIX - Profile

Distributions

  • YTD Total Return 6.6%
  • 3 Yr Annualized Total Return 2.6%
  • 5 Yr Annualized Total Return 2.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.62%
DIVIDENDS
  • Dividend Yield 6.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Thrivent High Yield Fund
  • Fund Family Name
    Thrivent Funds
  • Inception Date
    Feb 17, 2000
  • Shares Outstanding
    N/A
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Paul Ocenasek

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 high yield, high risk bonds, notes, debentures and other debt obligations (including leveraged loans, mortgage-backed securities, convertible bonds, and convertible stock), or preferred stocks. These securities are commonly known as “junk bonds.” At the time of purchase these securities are rated below BBB- by S&P, or Baaa3 by Moody’s, or unrated but considered to be of comparable quality by the Adviser. The Fund invests in securities regardless of the securities’ maturity average and may also invest in foreign securities. 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.The Adviser uses fundamental and other investment research techniques to determine what securities to buy and sell. Fundamental techniques assess a security’s value based on an issuer’s financial profile, management, and business prospects. The Adviser focuses on U.S. companies which it believes have or are expected to achieve adequate cash flows or access to capital markets for the payment of principal and interest obligations.The Fund utilizes derivatives primarily in the form of U.S. Treasury futures contracts in order to manage the Fund’s duration, or interest rate risk. The Fund may enter into derivatives contracts traded on exchanges or in the over the counter market.
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LBHIX - Performance

Return Ranking - Trailing

Period LBHIX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.6% -8.0% 17.4% 62.17%
1 Yr 7.2% -8.2% 18.4% 57.73%
3 Yr 2.6%* -14.5% 21.2% 51.10%
5 Yr 2.9%* -11.8% 36.7% 69.70%
10 Yr 4.1%* -4.7% 20.2% 53.19%

* Annualized

Return Ranking - Calendar

Period LBHIX Return Category Return Low Category Return High Rank in Category (%)
2023 5.5% -4.7% 14.3% 43.35%
2022 -15.0% -33.4% 3.6% 39.64%
2021 -0.4% -8.4% 8.2% 67.99%
2020 -2.1% -13.2% 302.7% 83.87%
2019 8.1% -4.4% 13.3% 49.18%

Total Return Ranking - Trailing

Period LBHIX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.6% -8.0% 17.4% 62.17%
1 Yr 7.2% -8.2% 18.4% 57.73%
3 Yr 2.6%* -14.5% 21.2% 51.10%
5 Yr 2.9%* -11.8% 36.7% 69.70%
10 Yr 4.1%* -4.7% 20.2% 53.19%

* Annualized

Total Return Ranking - Calendar

Period LBHIX Return Category Return Low Category Return High Rank in Category (%)
2023 12.5% -4.7% 18.7% 41.22%
2022 -9.9% -33.4% 47.8% 36.82%
2021 4.7% -8.4% 12.4% 59.90%
2020 3.6% -9.6% 325.6% 77.13%
2019 14.3% -3.8% 19.4% 41.53%

NAV & Total Return History

LBHIX - Holdings

Concentration Analysis

LBHIX Category Low Category High LBHIX % Rank
Net Assets 631 M 3.13 M 25.3 B 45.83%
Number of Holdings 562 2 3879 30.10%
Net Assets in Top 10 104 M -492 M 5.25 B 48.68%
Weighting of Top 10 16.66% 4.2% 146.0% 30.76%

Top 10 Holdings

  1. Thrivent Cash Management Trust 6.99%
  2. Thrivent Core Short-Term Reserve Fund 5.03%
  3. Caesars Entertainment, Inc. 0.66%
  4. DIRECTV Financing, LLC/DIRECTV Financing Co-Obligor, Inc. 0.63%
  5. Teva Pharmaceutical Finance Netherlands III BV 0.60%
  6. EQM Midstream Partners, LP 0.56%
  7. GFL Environmental, Inc. 0.55%
  8. Encompass Health Corporation 0.55%
  9. Tenet Healthcare Corporation 0.55%
  10. Iron Mountain, Inc. 0.54%

Asset Allocation

Weighting Return Low Return High LBHIX % Rank
Bonds 		94.71% 0.00% 145.36% 53.19%
Cash 		12.02% -52.00% 48.02% 8.88%
Stocks 		0.15% 0.00% 97.54% 58.76%
Convertible Bonds 		0.13% 0.00% 17.89% 92.60%
Other 		0.03% -39.08% 99.86% 40.79%
Preferred Stocks 		0.00% 0.00% 4.97% 49.18%

Stock Sector Breakdown

Weighting Return Low Return High LBHIX % Rank
Energy 		80.63% 0.00% 100.00% 21.07%
Utilities 		16.99% 0.00% 100.00% 6.82%
Industrials 		1.62% 0.00% 93.12% 25.22%
Healthcare 		0.68% 0.00% 22.17% 13.35%
Communication Services 		0.08% 0.00% 99.99% 52.52%
Technology 		0.00% 0.00% 33.17% 37.09%
Real Estate 		0.00% 0.00% 86.71% 29.67%
Financial Services 		0.00% 0.00% 100.00% 35.31%
Consumer Defense 		0.00% 0.00% 100.00% 26.41%
Consumer Cyclical 		0.00% 0.00% 100.00% 47.48%
Basic Materials 		0.00% 0.00% 100.00% 37.09%

Stock Geographic Breakdown

Weighting Return Low Return High LBHIX % Rank
US 		0.15% 0.00% 97.54% 58.39%
Non US 		0.00% -0.01% 0.83% 30.26%

Bond Sector Breakdown

Weighting Return Low Return High LBHIX % Rank
Corporate 		94.32% 0.00% 100.00% 52.88%
Cash & Equivalents 		12.02% 0.00% 48.02% 8.06%
Derivative 		0.03% -14.58% 42.26% 23.68%
Securitized 		0.00% 0.00% 97.24% 53.38%
Municipal 		0.00% 0.00% 1.17% 16.80%
Government 		0.00% 0.00% 99.07% 41.52%

Bond Geographic Breakdown

Weighting Return Low Return High LBHIX % Rank
US 		94.71% 0.00% 126.57% 39.97%
Non US 		0.00% 0.00% 96.91% 51.32%

LBHIX - Expenses

Operational Fees

LBHIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.55% 0.02% 38.33% 88.67%
Management Fee 0.39% 0.00% 1.75% 11.97%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.02% 0.00% 0.50% 4.32%

Sales Fees

LBHIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

LBHIX 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.

LBHIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 64.00% 1.00% 255.00% 49.10%

LBHIX - Distributions

Dividend Yield Analysis

LBHIX Category Low Category High LBHIX % Rank
Dividend Yield 5.96% 0.00% 11.76% 55.23%

Dividend Distribution Analysis

LBHIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly SemiAnnual Monthly Monthly

Net Income Ratio Analysis

LBHIX Category Low Category High LBHIX % Rank
Net Income Ratio 4.62% -2.39% 9.30% 37.19%

Capital Gain Distribution Analysis

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

Distributions History

View More +

LBHIX - Fund Manager Analysis

Managers

Paul Ocenasek

Start Date

Tenure

Tenure Rank

Dec 31, 1997

24.43

24.4%

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

Tenure Analysis

Category Low Category High Category Average Category Mode
0.13 37.79 7.31 8.17

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