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AALXX Thrivent Money Market S

  • Fund
  • AALXX
  • Price as of: Oct 17, 2018
  • $1.00
  • - $0.00
  • - 0.00%
  • Category
  • Money Market

AALXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 0.0%
  • 5 Yr Annualized Return N/A
  • Net Assets $459 M
  • Holdings in Top 10 24.7%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.53%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,000

IRA

$1,000

Investment Themes

CATEGORY

Money Market
  • Fund Type Money Market Fund
  • Investment Style Prime Money Market

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 0.0%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.32%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Thrivent Money Market Fund
  • Fund Family Name Thrivent
  • Inception Date Dec 29, 1997
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager William D. Stouten

Fund Description

The fund tries 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. The Adviser typically uses 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.

AALXX - Performance

Return Ranking - Trailing

Period AALXX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -2.8% 958.0% 0.99% 5
1 Yr 0.0% -1.2% 1.8% 56.30% 5
3 Yr 0.0% * -53.6% 1.6% 68.70% 5
5 Yr N/A * 0.0% 2.9% N/A N/A
10 Yr N/A * 0.0% 3.9% N/A N/A

* Annualized


Return Ranking - Calendar

Period AALXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 0.0% -99.7% 2.1% 0.36% 5
2016 0.0% -100.0% 9900.0% 0.53% 5
2015 0.0% -100.0% 0.4% 0.49% 5
2014 N/A 0.0% 900.1% N/A N/A
2013 N/A -4.5% 0.0% N/A N/A

Total Return Ranking - Trailing

Period AALXX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -100.0% 9900.0% 1.00% 5
1 Yr 0.0% -5.5% 1.8% 54.09% 5
3 Yr 0.0% * -1.8% 1.6% 66.53% 5
5 Yr N/A * -1.1% 2.9% N/A N/A
10 Yr N/A * -0.5% 3.9% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period AALXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 0.0% -100.0% 2.1% 0.93% 5
2016 0.0% -100.0% 4900.0% 2.11% 5
2015 0.0% -100.0% 2.6% 1.60% 5
2014 N/A 0.0% 900.1% N/A N/A
2013 N/A -4.6% 0.0% N/A N/A

NAV & Total Return History

AALXX - Holdings

Filings data as of: Jul 31, 2018

Concentration Analysis

AALXX Category Low Category High AALXX % Rank Quintile
Net Assets 459 M 500 K 145 B 27.88% 4
Number of Holdings 97 1 1179 8.25% 2
Net Assets in Top 10 111 M 2.69 M 92.6 B 32.14% 4
Weighting of Top 10 24.7% 5.2% 100.5% 35.08% 5

Top 10 Holdings

  1. United States Treasury Bills 4.37%
  2. Federal Home Loan Banks 3.04%
  3. United States Treasury Bills 2.63%
  4. Federal Home Loan Banks 2.55%
  5. Federal Home Loan Banks 2.14%
  6. Federal Home Loan Banks 1.92%
  7. Federal Agricultural Mortgage Corporation 2.28% 1.88%
  8. Federal Farm Credit Banks 2.05% 2.34%
  9. Overseas Private Investment Corporation 2.19% 1.94%
  10. United States Treasury Bills 1.83%

Asset Allocation

Weighting Category Low Category High AALXX % Rank Quintile
Bonds
53.08% 0.00% 100.00% 9.56% 2
Cash
49.74% 0.00% 101.70% 27.46% 4
Stocks
0.00% 0.00% 3.57% 0.95% 5
Preferred Stocks
0.00% 0.00% 6.43% 0.71% 5
Convertible Bonds
0.00% 0.00% 1.12% 0.40% 5
Other
-2.83% -12.63% 100.00% 13.25% 5

Bond Sector Breakdown

Weighting Category Low Category High AALXX % Rank Quintile
Government
53.08% 0.00% 99.94% 0.32% 1
Cash & Equivalents
49.74% 0.00% 101.70% 27.38% 4
Derivative
0.00% 0.00% 1.15% 0.56% 5
Securitized
0.00% 0.00% 51.10% 4.92% 5
Corporate
0.00% 0.00% 92.58% 9.60% 5
Municipal
0.00% 0.00% 100.00% 18.17% 5

Bond Geographic Breakdown

Weighting Category Low Category High AALXX % Rank Quintile
US
53.08% 0.00% 100.00% 9.60% 2
Non US
0.00% 0.00% 7.46% 3.17% 5

AALXX - Expenses

Operational Fees

AALXX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.53% 0.00% 83.73% 9.88% 3
Management Fee 0.35% 0.00% 0.60% 1.50% 5
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 0.50% N/A N/A

Sales Fees

AALXX Fees (% of AUM) Category Low Category High AALXX Rank Quintile
Front Load N/A 1.00% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

AALXX Fees (% of AUM) Category Low Category High AALXX Rank Quintile
Max Redemption Fee N/A 0.25% 1.00% N/A N/A

Turnover 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 Low Category High AALXX Rank Quintile
Turnover N/A 0.00% 1054.00% N/A N/A

AALXX - Distributions

Dividend Yield Analysis

AALXX Category Low Category High AALXX % Rank Quintile
Dividend Yield 0.0% 0.00% 0.29% 1.19% 2

Dividend Distribution Analysis

AALXX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

AALXX Category Low Category High AALXX % Rank Quintile
Net Income Ratio 0.32% -0.23% 2.38% 8.30% 3

Capital Gain Distribution Analysis

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

AALXX - Managers

William D. Stouten

Manager

Start Date

Dec 31, 2003

Tenure

14.76

Tenure Rank

8.8%

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

0.0

Category High

43.0

Category Average

12.7

Category Mode

3.8