• Individual Investor
  • Individual Investor

Three ways to invest in Thrivent funds

We’re here to help you invest with confidence.

MUTUAL FUNDS

Thrivent Account

You can purchase mutual funds right on our site with an online account.

Get started

Invest with a Thrivent account

  • Set up an account starting with as little as $50 per month.1
  • Access your online account at your convenience.
  • Purchase funds without transaction fees or sales charges.

MUTUAL FUNDS & ETFS

Financial Professional

For guidance when investing, ask a financial professional about investing in Thrivent mutual funds & ETFs.

Contact a Thrivent advisor

Invest with a financial professional

  • Receive investment help from an experienced professional.
  • Build a relationship through in-person meetings.
  • Get help planning for life’s goals such as saving and retirement.
  • Additional fees may apply.

MUTUAL FUNDS & ETFS

Brokerage Account

If you already have a brokerage account, our mutual funds & ETFs can be purchased through online brokerage platforms by searching for Thrivent Mutual Funds and ETFs.

Invest with a brokerage account

  • Add Thrivent Mutual Funds and ETFs to your investments within your existing portfolio.
  • Take advantage of your account to keep your investments in one place.
  • Additional fees may apply.
Not quite ready?

We want you to invest your money wisely and with confidence.
Here are some other options that may help you.

  • Take our quiz to determine your personal investment style.
  • Talk to your financial advisor about ETFs.
  • Sign up for our monthly investing insights newsletter.

 

Need more help?

If you need assistance, we’re here to help. Reach out to us via the phone, email, and support page information below.

 

This ETF is different from traditional ETFs. Traditional ETFs tell the public what assets they hold each day. This ETF will not. This may create additional risks for your investment. For example:

 - You may have to pay more money to trade the ETF’s shares. This ETF will provide less information to traders, who tend to charge more for trades when they have less information.

 - The price you pay to buy ETF shares on an exchange may not match the value of the ETF’s portfolio. The same is true when you sell shares. These price differences may be greater for this ETF compared to other ETFs because it provides less information to traders.

 - These additional risks may be even greater in bad or uncertain market conditions.

 - The ETF will publish on its website each day a “Proxy Portfolio” designed to help trading in shares of the ETF. While the Proxy Portfolio includes some of the ETF’s holdings, it is not the ETF’s actual portfolio.

The differences between this ETF and other ETFs may also have advantages. By keeping certain information about the ETF secret, this ETF may face less risk that other traders can predict or copy its investment strategy. This may improve the ETF’s performance. If other traders are able to copy or predict the ETF’s investment strategy, however, this may hurt the ETF’s performance. For additional information regarding the unique attributes and risks of the ETF, see the Principal Risks section of the prospectus.

1 New accounts with a minimum investment amount of $50 are offered through the Thrivent Mutual Funds "automatic purchase plan." Otherwise, the minimum initial investment requirement is $2,000 for non-retirement accounts and $1,000 for IRA or tax-deferred accounts, minimum subsequent investment requirement is $50 for all account types. Account minimums for other options vary.

Thrivent ETFs may be purchased through your financial professional or brokerage platforms.

Contact your financial professional or brokerage firm to understand minimum investment amounts when purchasing a Thrivent ETF.

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Mutual Funds collapse row Thrivent Fixed Income Funds
Thrivent Money Market Fund —
Class S —
AALXX
Buy funds
AALXX
Thrivent Money Market Fund
Class
S A
Risk profile
The risk profile for this fund is Conservative

Morningstar Fixed Income Style Box

Interest Rate Sensitivity:
N/A
Credit Quality:
N/A
 
Inception date
12/29/1997
As of
Net asset value
-
Daily NAV change
-
As of N/A
Historical market-based NAV
N/A
As of N/A
YTD return
3.88%
1-year return
5.20%
7 day current yield
4.58%
As of 09/30/2024
Net annual fund operating expenses
0.36%
As of
Sales charge
None
As of
Thrivent Money Market Fund
Class
S
A
Mutual Funds collapse row Thrivent Fixed Income Funds

Thrivent Money Market Fund seeks a high level of current income, while maintaining liquidity and a constant net asset value of $1.00 per share.

This Fund is managed as a government money market fund according to rules established by the Securities and Exchange Commission (SEC) that are designed so that the Fund may maintain a stable, $1.00 share price. Those rules generally require the Fund to invest only in high quality securities that are denominated in U.S. dollars and have short remaining maturities. The Fund is also required to maintain a dollar-weighted average maturity of not more than 60 days and a dollar-weighted average life of not more than 120 days.

The Fund may be suitable for investors who:

  • Seek income with stability of principal and liquidity
  • Have a short-term investment time horizon and a conservative risk tolerance
Fund management

Our seasoned team of more than 140 investment professionals brings their deep expertise to managing each fund so you can feel confident in the choices you’re making. More than 80% have at least 10 years of experience, more than 50% have more than 20 years of investment experience, and more than 80% have earned the Chartered Financial Analyst designation, an advanced degree, or both.

  • William D. Stouten
    William D. Stouten
    Senior Portfolio Manager
    Managing this fund since 2003

    Mr. Stouten joined Thrivent in 2001. He was a research analyst and trader for the Thrivent money market funds since 2001. Read more.

Performance

All data represents past performance. Past performance does not guarantee future results. Investment return and principal value of the investment will fluctuate so that an investor’s shares, when redeemed may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted.

You could lose money by investing in the Thrivent Money Market Fund. Although the Thrivent Money Market Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Thrivent Money Market Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Thrivent Money Market Fund’s sponsor has no legal obligation to provide financial support to the Thrivent Money Market Fund, and you should not expect that the sponsor will provide financial support to the Thrivent Money Market Fund at any time.

Average Annualized Returns

as of 09/30/2024
0.36% Total annual fund operating expenses
Thrivent Money Market Fund
3M 1.30%
YTD 3.88%
1Y 5.20%
3Y 3.30%
5Y 2.11%
10Y 1.40%
See data by:

Yields

as of 09/30/2024
7 Day Current
4.58%
7 Day Effective
4.68%
7 Day Current Before Reimbursement
4.58%
7 Day Effective Before Reimbursement
4.68%

Growth of 10K

as of 09/30/2024
$11,486
Total market value
$1,486
Current value of reinvested dividends and capital gains

Calendar year performance

as of 09/30/2024

Characteristics

All data represents past performance. Past performance does not guarantee future results. Investment return and principal value of the investment will fluctuate so that an investor’s shares, when redeemed may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted.

You could lose money by investing in the Thrivent Money Market Fund. Although the Thrivent Money Market Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Thrivent Money Market Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Thrivent Money Market Fund’s sponsor has no legal obligation to provide financial support to the Thrivent Money Market Fund, and you should not expect that the sponsor will provide financial support to the Thrivent Money Market Fund at any time.

Holdings breakdown

as of 09/30/2024
Total number of holdings
149

Top 10 Holdings

as of 08/30/2024
37.55%
of all holdings
N/A
N/A
Security name % of total assets Maturity
U.S. Treasury Bills 7.97% 09/24/2024
U.S. Treasury Bills 6.24% 09/10/2024
U.S. Treasury Bills 5.56% 09/12/2024
U.S. Treasury Bills 4.48% 09/17/2024
Federal Home Loan Bank Discount Notes 3.28% 09/11/2024
U.S. Treasury Bills 2.75% 10/15/2024
U.S. Treasury Bills 2.30% 09/19/2024
U.S. Treasury Bills 1.88% 09/03/2024
U.S. Treasury Bills 1.56% 09/05/2024
Freddie Mac Discount Notes 1.53% 09/30/2024

Fund Diversification

as of 09/30/2024
N/A
N/A
  • U.S. Government Agency Debt
    72.51%
  • U.S. Treasury Debt
    18.91%
  • U.S. Treasury Repurchase Agreement
    8.58%

Portfolio Statistics

Percentage Invested in Daily/Weekly Liquid Assets
Daily Net Flows
Historical Market-Based NAV
Download previous six months data (CSV)

To obtain the most recent 12 months of publicly available information filed by the Fund visit Company Filings at https://www.sec.gov.

Distributions

as of 09/30/2024
Dividends Month End Nav
October 2023 $0.0044 $1.00
November 2023 $0.0042 $1.00
December 2023 $0.0040 $1.00
January 2024 $0.0046 $1.00
February 2024 $0.0040 $1.00
March 2024 $0.0039 $1.00
April 2024 $0.0046 $1.00
May 2024 $0.0043 $1.00
June 2024 $0.0039 $1.00
July 2024 $0.0046 $1.00
August 2024 $0.0042 $1.00
September 2024 $0.0042 $1.00

Trailing 12-Months; Dividend Schedule: Declared Daily, Paid Monthly

Capital gains - trailing 12 months

as of 09/30/2024
Record date Short term capital gains Long term capital gains Total
- - - -

Expenses, fees, and charges

Management Fees and Other Expenses 0.36%
Distribution/12b-1 Fee None
Total Annual Fund Operating Expenses 0.36%
Redemption Fee None
Transaction Fee None
Low Balance Fee $10 semiannually
Front-End Sales Charge None
Back-End Sales Charge None

Minimum investment

Initial for non-retirement accounts $2,000
Initial for retirement or tax deferred accounts $1,000
Additional Purchases $50
Initial minimums are waived when a recurring investment of $50 or more is set up

Documents

Title Download View
Prospectus & Fund Documents -
Fund Facts -
Fund Commentary -
Proxy Voting Record -
Disclosure of Portfolio Holdings (09/30/2024) -
Disclosure of Portfolio Holdings (08/30/2024) -
Disclosure of Portfolio Holdings (07/31/2024) -
Disclosure of Portfolio Holdings (06/28/2024) -
Disclosure of Portfolio Holdings (05/31/2024) -
Disclosure of Portfolio Holdings (04/30/2024) -

Click here to view every form N-MFP the Fund files with the SEC.

Due to rounding, some values may not total 100%.

Strategy

The portfolio management team seeks to produce current income while maintaining liquidity by investing at least 99.5% of its total assets in U.S. government securities, cash and repurchase agreements collateralized fully by government securities or cash. The Advisor invests in securities by selecting from the available supply of short-term government securities based on its interest rate outlook. Although the Fund frequently holds securities until maturity, the Advisor may sell securities to increase liquidity.

Risk

The Fund invests at least 99.5% of its assets in U.S. government securities, cash and repurchase agreements collateralized fully by government securities or cash.  Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so and you could lose money. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund sponsor has no legal obligation to provide financial support to the Fund and you should not expect that the sponsor will provide financial support to the Fund at any time. U.S. government securities may not be fully guaranteed by the U.S government and issues may not have the funds to meet their payment obligations. The value of U.S. government securities may be affected by changes in credit ratings, which may be negatively impacted by rising national debt. Debt securities are subject to risks such as declining prices during periods of rising interest rates and credit risk, or the risk that an issuer may not pay its debt. The Adviser’s assessment of investments may prove incorrect, resulting in losses or poor performance. The Fund’s value is influenced by the performance of the broader market. If the seller of a repurchase agreement defaults, the Fund may incur losses. These and other risks are described in the prospectus.

Individual Investors

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