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AALXX Thrivent Money Market S

  • Fund
  • AALXX
  • Price as of: Jun 21, 2019
  • $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 0.0%
  • Net Assets $595 M
  • Holdings in Top 10 22.4%

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 0.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.36%
DIVIDENDS
  • Dividend Yield 1.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Thrivent Money Market Fund
  • Fund Family Name Thrivent Funds
  • 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 (%)
YTD 0.0% 0.0% 3.3% 89.14%
1 Yr 0.0% 0.0% 3.7% 89.28%
3 Yr 0.0%* -0.5% 0.0% 89.42%
5 Yr 0.0%* -37.0% 0.3% 89.36%
10 Yr 0.0%* -20.6% 0.8% 92.13%

* Annualized


Return Ranking - Calendar

Period AALXX Return Category Return Low Category Return High Rank in Category (%)
2018 0.0% -1.4% 0.0% 89.50%
2017 0.0% 0.0% 2.1% 89.75%
2016 0.0% -90.1% 0.0% 89.26%
2015 0.0% 0.0% 0.4% 89.66%
2014 0.0% 0.0% 3.1% 89.53%

Total Return Ranking - Trailing

Period AALXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 3.3% 89.14%
1 Yr 0.0% 0.0% 3.7% 89.28%
3 Yr 0.0%* -0.5% 0.0% 89.42%
5 Yr 0.0%* -37.0% 0.3% 89.36%
10 Yr 0.0%* -20.6% 0.8% 92.13%

* Annualized


Total Return Ranking - Calendar

Period AALXX Return Category Return Low Category Return High Rank in Category (%)
2018 0.0% -1.4% 0.0% 89.50%
2017 0.0% 0.0% 2.1% 89.75%
2016 0.0% -90.1% 0.0% 89.26%
2015 0.0% 0.0% 0.4% 89.66%
2014 0.0% 0.0% 3.1% 89.53%

NAV & Total Return History

AALXX - Holdings

Concentration Analysis

AALXX Category Low Category High AALXX % Rank
Net Assets 595 M 4.95 M 171 B 72.65%
Number of Holdings 110 1 1055 39.11%
Net Assets in Top 10 128 M 2.07 M 98.1 B 82.12%
Weighting of Top 10 22.42% 8.9% 110.3% 91.40%

Top 10 Holdings

  1. Federal Home Loan Banks 3.73%

  2. Federal Home Loan Banks 3.53%

  3. Federal Home Loan Banks 2.44%

  4. Federal Home Loan Banks 2.31% 1.99%

  5. Federal Home Loan Banks 1.92%

  6. Federal Home Loan Banks 1.84%

  7. Federal Farm Credit Banks 2.36% 1.84%

  8. Federal Home Loan Banks 1.83%

  9. United States Treasury Bills 1.77%

  10. Overseas Private Investment Corporation 2.37% 1.52%


Asset Allocation

Weighting Return Low Return High AALXX % Rank
Bonds
54.47% 0.00% 110.26% 20.43%
Cash
45.57% -1.98% 102.14% 79.44%
Stocks
0.00% 0.00% 3.36% 89.25%
Preferred Stocks
0.00% 0.00% 0.00% 89.11%
Convertible Bonds
0.00% 0.00% 1.39% 90.86%
Other
-0.04% -20.98% 100.00% 91.94%

Bond Sector Breakdown

Weighting Return Low Return High AALXX % Rank
Government
54.47% 0.00% 110.26% 1.35%
Cash & Equivalents
45.57% -1.98% 102.14% 76.79%
Derivative
0.00% 0.00% 0.51% 89.07%
Securitized
0.00% 0.00% 35.60% 90.42%
Corporate
0.00% 0.00% 25.86% 91.36%
Municipal
0.00% 0.00% 101.98% 92.58%

Bond Geographic Breakdown

Weighting Return Low Return High AALXX % Rank
US
54.47% 0.00% 110.26% 20.43%
Non US
0.00% 0.00% 32.08% 90.32%

AALXX - Expenses

Operational Fees

AALXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.53% 0.00% 2.80% 43.03%
Management Fee 0.35% 0.05% 0.57% 84.85%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

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

Trading Fees

AALXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% 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 Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 235.00% N/A

AALXX - Distributions

Dividend Yield Analysis

AALXX Category Low Category High AALXX % Rank
Dividend Yield 1.12% 0.00% 1.71% 12.47%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

AALXX Category Low Category High AALXX % Rank
Net Income Ratio 1.36% 0.00% 2.42% 34.05%

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

Tenure

Tenure Rank

Dec 31, 2003

15.42

15.4%

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

0.02

Category High

43.68

Category Average

14.12

Category Mode

13.28