Thrivent Multidimensional Income Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.1%
1 yr return
9.4%
3 Yr Avg Return
-0.1%
5 Yr Avg Return
2.8%
Net Assets
$52.9 M
Holdings in Top 10
36.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.27%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 44.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TMLDX - Profile
Distributions
- YTD Total Return 2.1%
- 3 Yr Annualized Total Return -0.1%
- 5 Yr Annualized Total Return 2.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.38%
- Dividend Yield 4.5%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameThrivent Multidimensional Income Fund
-
Fund Family NameThrivent Funds
-
Inception DateFeb 28, 2017
-
Shares OutstandingN/A
-
Share ClassS
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGregory Anderson
Fund Description
TMLDX - Performance
Return Ranking - Trailing
Period | TMLDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.1% | -6.5% | 5.7% | 16.69% |
1 Yr | 9.4% | -9.3% | 24.0% | 16.38% |
3 Yr | -0.1%* | -16.7% | 18.1% | 59.02% |
5 Yr | 2.8%* | -13.0% | 15.2% | 30.58% |
10 Yr | N/A* | -13.4% | 6.7% | N/A |
* Annualized
Return Ranking - Calendar
Period | TMLDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.4% | -12.0% | 15.7% | 37.19% |
2022 | -17.4% | -31.8% | 18.4% | 86.23% |
2021 | 0.7% | -26.6% | 25.7% | 14.54% |
2020 | 1.1% | -49.2% | 18.7% | 56.71% |
2019 | 10.2% | -35.1% | 15.3% | 2.10% |
Total Return Ranking - Trailing
Period | TMLDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.1% | -6.5% | 5.7% | 16.69% |
1 Yr | 9.4% | -9.3% | 24.0% | 16.38% |
3 Yr | -0.1%* | -16.7% | 18.1% | 59.02% |
5 Yr | 2.8%* | -13.0% | 15.2% | 30.58% |
10 Yr | N/A* | -13.4% | 6.7% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | TMLDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.0% | -7.0% | 22.2% | 34.10% |
2022 | -12.2% | -31.8% | 21.1% | 77.06% |
2021 | 6.2% | -13.5% | 49.9% | 7.52% |
2020 | 6.3% | -28.6% | 24.1% | 43.29% |
2019 | 16.0% | -4.8% | 19.1% | 2.10% |
NAV & Total Return History
TMLDX - Holdings
Concentration Analysis
TMLDX | Category Low | Category High | TMLDX % Rank | |
---|---|---|---|---|
Net Assets | 52.9 M | 2.32 M | 127 B | 91.63% |
Number of Holdings | 690 | 2 | 10577 | 36.87% |
Net Assets in Top 10 | 19.2 M | -1.57 B | 65.8 B | 88.47% |
Weighting of Top 10 | 36.54% | 0.7% | 170.6% | 37.19% |
Top 10 Holdings
- Thrivent Core Emerging Markets Debt Fund 7.90%
- U.S. Treasury Notes 6.58%
- Federal National Mortgage Association Conventional 30-Yr. Pass Through 5.77%
- U.S. Treasury Notes 4.66%
- Thrivent Cash Management Trust 2.39%
- U.S. Treasury Notes 2.29%
- U.S. Treasury Bonds 2.17%
- Federal National Mortgage Association Conventional 30-Yr. Pass Through 1.70%
- Federal National Mortgage Association Conventional 30-Yr. Pass Through 1.69%
- Vanguard Short-Term Corporate Bond ETF 1.38%
Asset Allocation
Weighting | Return Low | Return High | TMLDX % Rank | |
---|---|---|---|---|
Bonds | 75.60% | -150.81% | 203.29% | 70.86% |
Preferred Stocks | 5.24% | 0.00% | 30.46% | 1.97% |
Convertible Bonds | 4.97% | 0.00% | 33.50% | 15.42% |
Cash | 3.45% | -94.66% | 258.91% | 48.71% |
Stocks | 0.28% | -1.60% | 99.88% | 50.99% |
Other | -0.07% | -72.32% | 100.00% | 83.92% |
Stock Sector Breakdown
Weighting | Return Low | Return High | TMLDX % Rank | |
---|---|---|---|---|
Financial Services | 16.62% | 0.00% | 100.00% | 30.06% |
Technology | 15.77% | 0.00% | 28.30% | 14.89% |
Real Estate | 14.43% | 0.00% | 100.00% | 14.61% |
Utilities | 13.60% | 0.00% | 100.00% | 12.64% |
Healthcare | 11.78% | 0.00% | 18.60% | 10.67% |
Industrials | 7.06% | 0.00% | 100.00% | 31.74% |
Consumer Cyclical | 6.35% | 0.00% | 89.95% | 20.22% |
Energy | 6.01% | 0.00% | 100.00% | 55.06% |
Communication Services | 4.77% | 0.00% | 100.00% | 30.06% |
Consumer Defense | 2.72% | 0.00% | 99.97% | 26.12% |
Basic Materials | 0.90% | 0.00% | 100.00% | 33.15% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | TMLDX % Rank | |
---|---|---|---|---|
US | 0.28% | -1.47% | 99.88% | 48.25% |
Non US | 0.00% | -0.13% | 17.73% | 81.94% |
Bond Sector Breakdown
Weighting | Return Low | Return High | TMLDX % Rank | |
---|---|---|---|---|
Corporate | 76.10% | 0.00% | 96.66% | 6.26% |
Government | 17.59% | 0.00% | 99.43% | 35.05% |
Cash & Equivalents | 3.45% | 0.00% | 88.14% | 42.92% |
Securitized | 1.14% | 0.00% | 99.65% | 87.48% |
Municipal | 0.03% | 0.00% | 54.26% | 37.56% |
Derivative | -0.07% | -72.32% | 37.37% | 63.17% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | TMLDX % Rank | |
---|---|---|---|---|
US | 75.60% | -151.11% | 203.29% | 50.83% |
Non US | 0.00% | 0.00% | 67.77% | 91.35% |
TMLDX - Expenses
Operational Fees
TMLDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.27% | 0.01% | 20.67% | 45.08% |
Management Fee | 0.55% | 0.00% | 2.29% | 37.65% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.02% | 0.00% | 0.70% | 2.80% |
Sales Fees
TMLDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
TMLDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 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.
TMLDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 44.00% | 0.00% | 632.00% | 16.12% |
TMLDX - Distributions
Dividend Yield Analysis
TMLDX | Category Low | Category High | TMLDX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.50% | 0.00% | 18.15% | 56.09% |
Dividend Distribution Analysis
TMLDX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
TMLDX | Category Low | Category High | TMLDX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.38% | -1.55% | 11.51% | 34.51% |
Capital Gain Distribution Analysis
TMLDX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Feb 29, 2024 | $0.033 | OrdinaryDividend |
Jan 31, 2024 | $0.033 | OrdinaryDividend |
Dec 29, 2023 | $0.034 | OrdinaryDividend |
Nov 30, 2023 | $0.035 | OrdinaryDividend |
Oct 31, 2023 | $0.035 | OrdinaryDividend |
Sep 29, 2023 | $0.035 | OrdinaryDividend |
Aug 31, 2023 | $0.034 | OrdinaryDividend |
Jul 31, 2023 | $0.034 | OrdinaryDividend |
Jun 30, 2023 | $0.034 | OrdinaryDividend |
May 31, 2023 | $0.035 | OrdinaryDividend |
Apr 28, 2023 | $0.032 | OrdinaryDividend |
Mar 31, 2023 | $0.036 | OrdinaryDividend |
Feb 28, 2023 | $0.032 | OrdinaryDividend |
Jan 31, 2023 | $0.033 | OrdinaryDividend |
Dec 30, 2022 | $0.035 | OrdinaryDividend |
Nov 30, 2022 | $0.036 | OrdinaryDividend |
Oct 31, 2022 | $0.037 | OrdinaryDividend |
Sep 30, 2022 | $0.036 | OrdinaryDividend |
Aug 31, 2022 | $0.035 | OrdinaryDividend |
Jul 29, 2022 | $0.034 | OrdinaryDividend |
Jun 30, 2022 | $0.037 | OrdinaryDividend |
May 31, 2022 | $0.035 | OrdinaryDividend |
Apr 29, 2022 | $0.035 | OrdinaryDividend |
Mar 31, 2022 | $0.034 | OrdinaryDividend |
Feb 28, 2022 | $0.030 | OrdinaryDividend |
Jan 31, 2022 | $0.025 | OrdinaryDividend |
Nov 30, 2021 | $0.031 | OrdinaryDividend |
Oct 29, 2021 | $0.029 | OrdinaryDividend |
Sep 30, 2021 | $0.030 | OrdinaryDividend |
Aug 31, 2021 | $0.030 | OrdinaryDividend |
Jul 30, 2021 | $0.030 | OrdinaryDividend |
Jun 30, 2021 | $0.032 | OrdinaryDividend |
May 28, 2021 | $0.030 | OrdinaryDividend |
Apr 30, 2021 | $0.031 | OrdinaryDividend |
Mar 31, 2021 | $0.038 | OrdinaryDividend |
Feb 26, 2021 | $0.031 | OrdinaryDividend |
Jan 29, 2021 | $0.036 | OrdinaryDividend |
Dec 31, 2020 | $0.045 | OrdinaryDividend |
Nov 30, 2020 | $0.036 | OrdinaryDividend |
Oct 30, 2020 | $0.033 | OrdinaryDividend |
Sep 30, 2020 | $0.040 | OrdinaryDividend |
Aug 31, 2020 | $0.029 | OrdinaryDividend |
Jul 31, 2020 | $0.037 | OrdinaryDividend |
Jun 30, 2020 | $0.040 | OrdinaryDividend |
May 29, 2020 | $0.034 | OrdinaryDividend |
Apr 30, 2020 | $0.031 | OrdinaryDividend |
Mar 31, 2020 | $0.037 | OrdinaryDividend |
Feb 28, 2020 | $0.033 | OrdinaryDividend |
Jan 31, 2020 | $0.032 | DailyAccrualFund |
Dec 31, 2019 | $0.054 | OrdinaryDividend |
Nov 29, 2019 | $0.029 | OrdinaryDividend |
Oct 31, 2019 | $0.030 | OrdinaryDividend |
Sep 30, 2019 | $0.037 | OrdinaryDividend |
Aug 30, 2019 | $0.034 | OrdinaryDividend |
Jul 31, 2019 | $0.031 | OrdinaryDividend |
May 31, 2019 | $0.036 | DailyAccrualFund |
Apr 30, 2019 | $0.032 | DailyAccrualFund |
Mar 29, 2019 | $0.039 | DailyAccrualFund |
Feb 28, 2019 | $0.038 | DailyAccrualFund |
Jan 31, 2019 | $0.034 | DailyAccrualFund |
Dec 31, 2018 | $0.063 | DailyAccrualFund |
Nov 30, 2018 | $0.038 | DailyAccrualFund |
Oct 31, 2018 | $0.034 | DailyAccrualFund |
Aug 31, 2018 | $0.035 | DailyAccrualFund |
Jul 31, 2018 | $0.031 | DailyAccrualFund |
Jun 29, 2018 | $0.037 | DailyAccrualFund |
May 31, 2018 | $0.033 | DailyAccrualFund |
Apr 30, 2018 | $0.037 | DailyAccrualFund |
Mar 30, 2018 | $0.038 | DailyAccrualFund |
Feb 28, 2018 | $0.032 | DailyAccrualFund |
Jan 31, 2018 | $0.030 | DailyAccrualFund |
Dec 28, 2017 | $0.040 | DailyAccrualFund |
Nov 30, 2017 | $0.032 | DailyAccrualFund |
Oct 31, 2017 | $0.030 | DailyAccrualFund |
Sep 29, 2017 | $0.033 | DailyAccrualFund |
Aug 31, 2017 | $0.034 | DailyAccrualFund |
Jul 31, 2017 | $0.031 | DailyAccrualFund |
Jun 30, 2017 | $0.031 | DailyAccrualFund |
May 31, 2017 | $0.032 | DailyAccrualFund |
Apr 28, 2017 | $0.028 | DailyAccrualFund |
Mar 31, 2017 | $0.031 | DailyAccrualFund |
TMLDX - Fund Manager Analysis
Managers
Gregory Anderson
Start Date
Tenure
Tenure Rank
Feb 28, 2017
5.25
5.3%
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.
Stephen Lowe
Start Date
Tenure
Tenure Rank
Feb 28, 2018
4.25
4.3%
Steve Lowe, CFA, joined Thrivent in 1997. He is the Chief Investment Strategist and has served on Thrivent's Model Portfolios Committee since 2017. He was most recently the Head of Fixed-Income Mutual Funds and has also served as the portfolio manager of various Thrivent mutual funds since 2009, including the Thrivent Asset Allocation Funds since 2016.
Kent White
Start Date
Tenure
Tenure Rank
Jul 31, 2019
2.84
2.8%
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.
Theron Whitehorn
Start Date
Tenure
Tenure Rank
Feb 28, 2021
1.25
1.3%
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.72 | 3.19 |