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Trending ETFs

Thrivent Limited Maturity Bond Fund

mutual fund
THLIX
Payout Change
Pending
Price as of:
$12.36 -0.01 -0.08%
primary theme
U.S. Short-Term Bond Duration
share class
S (THLIX) A (LBLAX)
THLIX (Mutual Fund)

Thrivent Limited Maturity Bond Fund

Payout Change
Pending
Price as of:
$12.36 -0.01 -0.08%
primary theme
U.S. Short-Term Bond Duration
share class
S (THLIX) A (LBLAX)
THLIX (Mutual Fund)

Thrivent Limited Maturity Bond Fund

Payout Change
Pending
Price as of:
$12.36 -0.01 -0.08%
primary theme
U.S. Short-Term Bond Duration
share class
S (THLIX) A (LBLAX)

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 Limited Maturity Bond Fund

THLIX | Fund

$12.36

$1.34 B

3.83%

$0.47

0.43%

Vitals

YTD Return

5.4%

1 yr return

5.6%

3 Yr Avg Return

2.3%

5 Yr Avg Return

2.3%

Net Assets

$1.34 B

Holdings in Top 10

11.4%

52 WEEK LOW AND HIGH

$12.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.43%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 169.00%

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 Limited Maturity Bond Fund

THLIX | Fund

$12.36

$1.34 B

3.83%

$0.47

0.43%

THLIX - Profile

Distributions

  • YTD Total Return 5.4%
  • 3 Yr Annualized Total Return 2.3%
  • 5 Yr Annualized Total Return 2.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.45%
DIVIDENDS
  • Dividend Yield 3.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Thrivent Limited Maturity Bond Fund
  • Fund Family Name
    Thrivent Funds
  • Inception Date
    May 16, 2005
  • Shares Outstanding
    N/A
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Landreville

Fund Description

The principal strategies of the Fund are to invest in investment-grade corporate bonds, government bonds, mortgage-backed securities (including commercially backed ones), asset-backed securities, and collateralized debt obligations (including collateralized loan obligations). Asset-backed securities are securities backed by notes or receivables originated by banks, credit card companies, or other providers of credit; collateralized debt obligations are types of asset-backed securities. Under normal market conditions, the Fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in investment grade debt securities or preferred stock. At the time of purchase, these investment grade securities are rated at or above BBB- by S&P, or Baa3 by Moody’s, or unrated but considered to be of comparable quality by the Adviser, with the dollar-weighted average effective maturity for the Fund expected to be between one and five years. 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 Fund may also invest in high yield, high risk bonds, notes, debentures and other debt obligations or preferred stock commonly known as “junk bonds.” At the time of purchase, these securities are rated within or below the “BB” major rating category by S&P or the “Ba” major rating category by Moody’s or are unrated but considered to be of comparable quality by the Adviser.The Adviser uses fundamental and other investment research techniques to determine what debt obligations 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 companies that it believes are financially sound and have strong cash flow, asset values and interest or dividend earnings, and may invest in U.S. dollar-denominated debt of foreign companies.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.
Read More

THLIX - Performance

Return Ranking - Trailing

Period THLIX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.4% -0.8% 18.1% 20.35%
1 Yr 5.6% -0.5% 19.0% 18.04%
3 Yr 2.3%* -5.5% 5.5% 18.59%
5 Yr 2.3%* -4.1% 5.0% 20.37%
10 Yr 2.2%* -18.6% 170.5% 23.50%

* Annualized

Return Ranking - Calendar

Period THLIX Return Category Return Low Category Return High Rank in Category (%)
2023 3.1% -1.6% 7.6% 12.31%
2022 -6.2% -17.7% -2.6% 28.57%
2021 -1.3% -4.0% 4.4% 21.53%
2020 1.9% -7.1% 7.6% 45.06%
2019 2.0% -2.3% 9.3% 44.47%

Total Return Ranking - Trailing

Period THLIX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.4% -0.8% 18.1% 20.35%
1 Yr 5.6% -0.5% 19.0% 18.04%
3 Yr 2.3%* -5.5% 5.5% 18.59%
5 Yr 2.3%* -4.1% 5.0% 20.37%
10 Yr 2.2%* -18.6% 170.5% 23.50%

* Annualized

Total Return Ranking - Calendar

Period THLIX Return Category Return Low Category Return High Rank in Category (%)
2023 6.7% 1.8% 15.2% 19.81%
2022 -4.2% -17.3% -1.3% 33.46%
2021 0.3% -2.7% 7.7% 34.00%
2020 4.3% -2.4% 14.5% 47.33%
2019 4.8% 0.6% 12.6% 45.11%

NAV & Total Return History

THLIX - Holdings

Concentration Analysis

THLIX Category Low Category High THLIX % Rank
Net Assets 1.34 B 14.5 K 58.2 B 47.51%
Number of Holdings 614 2 8314 36.40%
Net Assets in Top 10 148 M 1.05 M 6.81 B 64.75%
Weighting of Top 10 11.39% 2.0% 108.1% 86.21%

Top 10 Holdings

  1. U.S. Treasury Notes 3.71%
  2. U.S. Treasury Notes 1.69%
  3. U.S. Treasury Notes 0.99%
  4. Federal National Mortgage Association Conventional 30-Yr. Pass Through 0.92%
  5. Federal Home Loan Mortgage Corporation Discount Notes 0.80%
  6. Avant Credit Card Master Trust 0.80%
  7. Ares XL CLO, Ltd. 0.70%
  8. Genesis Sales Finance Master Trust 0.67%
  9. Thrivent Cash Management Trust 0.63%
  10. PPM CLO 2, Ltd. 0.49%

Asset Allocation

Weighting Return Low Return High THLIX % Rank
Bonds 		83.28% 0.00% 131.65% 59.58%
Other 		16.05% -0.97% 73.75% 27.39%
Convertible Bonds 		4.59% 0.00% 27.71% 17.85%
Cash 		2.18% -20.59% 68.64% 53.45%
Preferred Stocks 		0.12% 0.00% 24.12% 11.69%
Stocks 		0.00% 0.00% 99.96% 45.98%

Bond Sector Breakdown

Weighting Return Low Return High THLIX % Rank
Corporate 		48.11% 0.00% 99.82% 38.77%
Securitized 		29.40% 0.00% 97.27% 36.66%
Government 		6.72% 0.00% 73.63% 75.24%
Cash & Equivalents 		2.18% 0.00% 68.64% 50.38%
Municipal 		0.18% 0.00% 14.41% 32.82%
Derivative 		0.00% -0.72% 25.70% 54.60%

Bond Geographic Breakdown

Weighting Return Low Return High THLIX % Rank
US 		83.28% 0.00% 126.86% 58.24%
Non US 		0.00% 0.00% 87.70% 41.19%

THLIX - Expenses

Operational Fees

THLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.43% 0.01% 3.29% 77.12%
Management Fee 0.28% 0.00% 1.19% 36.97%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.02% 0.01% 0.41% 2.37%

Sales Fees

THLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.50% 4.00% N/A

Trading Fees

THLIX 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.

THLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 169.00% 2.00% 500.00% 80.95%

THLIX - Distributions

Dividend Yield Analysis

THLIX Category Low Category High THLIX % Rank
Dividend Yield 3.83% 0.00% 11.11% 71.46%

Dividend Distribution Analysis

THLIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

THLIX Category Low Category High THLIX % Rank
Net Income Ratio 1.45% -1.27% 4.98% 34.31%

Capital Gain Distribution Analysis

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

Distributions History

View More +

THLIX - Fund Manager Analysis

Managers

Michael Landreville

Start Date

Tenure

Tenure Rank

Oct 29, 1999

22.6

22.6%

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

17.1

17.1%

Mr. Anderson is the Vice President of Fixed Income Securities for Thrivent Financial and recently served as Senior Portfolio Manager of Thrivent Financial’s mortgage-backed securities (MBS) portfolio. He is also co-portfolio manager of certain Thrivent fixed income mutual funds. Mr. Anderson joined Thrivent Financial in 1997 and has held a variety of positions, including corporate bond investment analyst and securitized assets portfolio manager. 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

2.25

2.3%

Jon-Paul (JP) Gagne

Start Date

Tenure

Tenure Rank

Feb 28, 2021

1.25

1.3%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 28.77 6.16 2.41

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