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Name

As of 02/04/2025

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 Income Fund

LUBIX | Fund

$8.10

$1.12 B

4.44%

$0.36

0.77%

Vitals

YTD Return

1.1%

1 yr return

4.7%

3 Yr Avg Return

-0.5%

5 Yr Avg Return

0.1%

Net Assets

$1.12 B

Holdings in Top 10

11.0%

52 WEEK LOW AND HIGH

$8.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.77%

SALES FEES

Front Load 4.50%

Deferred Load N/A

TRADING FEES

Turnover 54.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$2,000

IRA

$1,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 02/04/2025

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 Income Fund

LUBIX | Fund

$8.10

$1.12 B

4.44%

$0.36

0.77%

LUBIX - Profile

Distributions

  • YTD Total Return 1.1%
  • 3 Yr Annualized Total Return -0.5%
  • 5 Yr Annualized Total Return 0.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.50%
DIVIDENDS
  • Dividend Yield 4.4%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Thrivent Income Fund
  • Fund Family Name
    Thrivent Funds
  • Inception Date
    Jan 03, 1994
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Kent White

Fund Description

The principal strategies of the Fund are to invest in investment-grade corporate bonds, government bonds, asset-backed securities, mortgage-backed securities, and other types of debt securities. Asset-backed securities are securities backed by notes or receivables originated by banks, credit card companies or other providers of credit.The Fund may invest in foreign securities, including those of issuers in emerging markets. An “emerging market” country is any country determined by the Adviser to have an emerging market economy, considering factors such as the country’s credit rating, its political and economic stability and the development of its financial and capital markets.Under normal conditions, at least 65% of the Fund’s assets will be invested 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. When a rating from only two agencies is available, the lower is used. In cases where explicit bond level ratings may not be available, the Adviser may use other sources to classify securities by credit quality.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 may purchase bonds of any maturity and generally focuses on U.S. companies that it believes are financially sound and have strong cash flow, asset values and interest or dividend earnings. The Adviser purchases bonds of foreign issuers as well.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.The Fund may invest in securities of any market sector and may hold a significant amount of securities of companies, from time to time, within a single sector such as financials.
Read More

LUBIX - Performance

Return Ranking - Trailing

Period LUBIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.1% 0.1% 1.8% 55.95%
1 Yr 4.7% -1.2% 6.8% 48.81%
3 Yr -0.5%* -7.1% 42.6% 49.10%
5 Yr 0.1%* -7.2% 24.7% 65.84%
10 Yr 1.9%* -0.4% 14.1% 70.59%

* Annualized

Return Ranking - Calendar

Period LUBIX Return Category Return Low Category Return High Rank in Category (%)
2024 -1.2% -8.1% 3.0% 29.76%
2023 4.7% -5.6% 6.3% 25.60%
2022 -18.7% -28.7% 142.1% 45.51%
2021 -4.8% -12.3% 4.9% 63.41%
2020 5.9% -8.0% 9.0% 47.83%

Total Return Ranking - Trailing

Period LUBIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.1% 0.1% 1.8% 55.95%
1 Yr 4.7% -1.2% 6.8% 48.81%
3 Yr -0.5%* -7.1% 42.6% 49.10%
5 Yr 0.1%* -7.2% 24.7% 65.84%
10 Yr 1.9%* -0.4% 14.1% 70.59%

* Annualized

Total Return Ranking - Calendar

Period LUBIX Return Category Return Low Category Return High Rank in Category (%)
2024 3.2% -2.7% 7.3% 33.93%
2023 9.1% -5.6% 12.9% 21.43%
2022 -15.9% -25.6% 151.8% 47.31%
2021 -0.6% -5.1% 7.5% 41.46%
2020 8.9% -8.0% 116.0% 70.19%

NAV & Total Return History

LUBIX - Holdings

Concentration Analysis

LUBIX Category Low Category High LUBIX % Rank
Net Assets 1.12 B 23.9 M 47.3 B 50.60%
Number of Holdings 595 4 10364 46.43%
Net Assets in Top 10 122 M -29.6 M 3.03 B 52.98%
Weighting of Top 10 10.96% 1.7% 143.5% 69.05%

Top 10 Holdings

  1. Thrivent Core Short-Term Reserve Fund 2.27%
  2. U.S. Treasury Notes 1.89%
  3. Thrivent Cash Management Trust 1.47%
  4. U.S. Treasury Notes 1.22%
  5. U.S. Treasury Bonds 1.10%
  6. U.S. Treasury Bonds 0.75%
  7. Federal Home Loan Mortgage Corporation Conventional 30-Yr. Pass Through 0.64%
  8. UBS Group AG 0.62%
  9. Sprint Capital Corporation 0.55%
  10. Cheniere Energy Partners, LP 0.45%

Asset Allocation

Weighting Return Low Return High LUBIX % Rank
Bonds 		96.83% 0.00% 136.47% 47.62%
Convertible Bonds 		4.98% 0.00% 78.47% 44.64%
Cash 		3.80% -43.80% 46.48% 36.31%
Preferred Stocks 		0.39% 0.00% 9.18% 19.05%
Stocks 		0.00% 0.00% 99.98% 89.29%
Other 		-0.07% -5.08% 12.23% 92.26%

Bond Sector Breakdown

Weighting Return Low Return High LUBIX % Rank
Corporate 		90.39% 41.80% 99.52% 39.29%
Government 		5.54% 0.00% 25.63% 48.81%
Cash & Equivalents 		3.80% 0.00% 46.48% 34.52%
Securitized 		3.79% 0.00% 23.18% 24.40%
Municipal 		0.00% 0.00% 3.37% 97.02%
Derivative 		-0.08% -2.44% 2.14% 75.60%

Bond Geographic Breakdown

Weighting Return Low Return High LUBIX % Rank
US 		96.83% 0.00% 112.17% 45.24%
Non US 		0.00% 0.00% 47.05% 90.48%

LUBIX - Expenses

Operational Fees

LUBIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.77% 0.03% 3.33% 43.64%
Management Fee 0.34% 0.00% 1.35% 43.45%
12b-1 Fee 0.25% 0.00% 1.00% 50.00%
Administrative Fee 0.02% 0.02% 0.45% 1.43%

Sales Fees

LUBIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.50% 1.00% 4.75% 17.39%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

LUBIX 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.

LUBIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 54.00% 0.00% 259.00% 44.58%

LUBIX - Distributions

Dividend Yield Analysis

LUBIX Category Low Category High LUBIX % Rank
Dividend Yield 4.44% 0.00% 6.00% 64.88%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

LUBIX Category Low Category High LUBIX % Rank
Net Income Ratio 2.50% 0.38% 5.93% 31.93%

Capital Gain Distribution Analysis

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

Distributions History

View More +

LUBIX - Fund Manager Analysis

Managers

Kent White

Start Date

Tenure

Tenure Rank

Jun 26, 2017

4.93

4.9%

White has been with Thrivent since 1999. Before serving as portfolio co-manager, he was, since 2004, an investment grade research manager. Prior to that position, White was a Senior Investment Grade Research Analyst. Whitehorn, CFA are jointly and primarily responsible for the day-to-day management of the Fund. Mr. Lowe has served as a portfolio manager of the Fund since May 2015. Mr. Anderson has served as a portfolio manager of the Fund since October 2018. Mr. Whitehorn has served as a portfolio manager of the Fund since February 2021. Mr. Lowe is Chief Investment Strategist and has been with Thrivent Financial since 1997. He has served as a portfolio manager since 2009. Mr. Anderson is Vice President, Fixed Income General Accounts. He has been with Thrivent Financial since 1997 and has served as a portfolio manager since 2000. Mr. Whitehorn is the Director of Fixed Income Quantitative Research and has been with Thrivent Financial since May 2018.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.33 24.76 6.74 2.47

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