Our Fund Managers
Gregory R. Anderson, CFA
Mr. Anderson joined Thrivent in 1997. He has served as a portfolio manager since 2000.
Mr. Anderson serves as a portfolio manager of the following funds:
- Thrivent Opportunity Income Plus Fund (since 2005)
- Thrivent Limited Maturity Bond Fund (since 2005)
- Thrivent Government Bond Fund (since 2017)
- Thrivent Multidimensional Income Fund (since 2017)
- Thrivent Diversified Income Plus Fund (since 2018)
The Thrivent Way:
“It has changed how I think about my role as a portfolio manager and responsibility to our members and shareholders so they can be wise with money and live generous lives. The Thrivent Way is aligned with my moral qualities to be trustworthy and competent.”
Lauri Brunner
Ms. Brunner joined Thrivent in 2007 serving as a research analyst covering large cap consumer discretionary and consumer staples companies. In 2018, she was named Senior Portfolio Manager and serves as a portfolio manager of the following funds:
- Thrivent Large Cap Growth Fund (since 2018)
- Thrivent Global Stock Fund (since 2018)
Brian J. Flanagan, CFA
Mr. Flanagan joined Thrivent in 1994, serving as a portfolio manager since 2000.
Mr. Flanagan serves as a portfolio manager of the following fund:
- Thrivent Mid Cap Stock Fund (since 2004)
The Thrivent Way:
“Working at Thrivent has allowed me to be a much better well-rounded individual. Thrivent’s approach of living generously has provided me opportunities to get involved. This involvement offers many different perspectives that are useful when analyzing investments.”
Janet I. Grangaard, CFA
Ms. Grangaard joined Thrivent in 1988. She has served as a portfolio manager since 1994.
Ms. Grangaard serves as a portfolio manager of the following funds:
- Thrivent Municipal Bond Fund (since 2002)
- Thrivent High Income Municipal Bond Fund (since 2018)
Priorities & Approach:
“We stay true to this philosophy in all market conditions, which allows our shareholders to take whatever amount of risk fits their profile in other asset classes. I think it is important for people to have confidence that the product that they bought will remain consistent in its methodology.”
Kurt J. Lauber, CFA
Mr. Lauber joined Thrivent in 2004. He has previously served as an associate portfolio manager.
Mr. Lauber serves as a portfolio manager of the following funds:
- Thrivent Large Cap Value Fund (since 2013)
- Thrivent Global Stock Fund (since 2013)
Priorities & Approach:
"My priority is to successfully deliver on our fundamental bottom-up investment process, which helps us identify attractive companies to invest in. We aim to achieve this through rigorous industry and company research focused on valuation, operating performance and catalysts."
Stephen D. Lowe, CFA
Mr. Lowe joined Thrivent in 1997. He is the Vice President of Fixed Income Mutual Funds and has served as the portfolio manager of various Thrivent mutual funds since 2009. He has also been a senior portfolio manager of the high yield portion of Thrivent’s general account since 2005. Prior to this position, Mr. Lowe was, since 2004, a high yield research manager and, since 2002, an associate portfolio manager of the high yield portion of the general account.
Mr. Lowe serves as a portfolio manager of the following funds:
- Thrivent Balanced Income Plus Fund (since 2013)
- Thrivent Diversified Income Plus Fund (since 2015)
- Thrivent Aggressive Allocation Fund (since 2016)
- Thrivent Moderately Aggressive Allocation Fund (since 2016)
- Thrivent Moderate Allocation Fund (since 2016)
- Thrivent Moderately Conservative Allocation Fund (since 2016)
- Thrivent Opportunity Income Plus Fund (since 2018)
- Thrivent Multidimensional Income Fund (since 2018)
Noah J. Monsen, CFA
Mr. Monsen has been with Thrivent since 2000 and has served in an investment management capacity since 2008.
Mr. Monsen serves as a portfolio manager of the following funds:
- Thrivent Global Stock Fund (since 2018)
- Thrivent Balanced Income Plus Fund (since 2015)
- Thrivent Diversified Income Plus Fund (since 2015)
- Thrivent Low Volatility Equity Fund (since 2017)
- Thrivent International Allocation Fund (since 2016)
Priorities & Approach:
"My team’s priority is to build a consistent, cohesive portfolio to help our investors achieve their goals. We work to build a process that can achieve superior returns regardless of the market environment and maintain style consistency so investors do not take on unintended risks. We do this using systematic processes for three aspects of investment management—stock selection, portfolio construction, and risk management."
Paul J. Ocenasek, CFA
Mr. Ocenasek joined Thrivent in 1987. He has served as a portfolio manager since 1997.
Mr. Ocenasek serves as a portfolio manager of the following funds:
- Thrivent High Yield Fund (since 1997)
- Thrivent Opportunity Income Plus Fund (since 2015)
- Thrivent Multidimensional Income Fund (since 2017)
David S. Royal
Mr. Royal joined Thrivent in 2006. He is the President and Chief Investment Officer of Thrivent Mutual Funds.
Mr. Royal serves as a portfolio manager of the following funds:
- Thrivent Aggressive Allocation Fund (since 2018)
- Thrivent Moderately Aggressive Allocation Fund (since 2018)
- Thrivent Moderate Allocation Fund (since 2018)
- Thrivent Moderately Conservative Allocation Fund (since 2018)
The Thrivent Mutual Funds difference:
"At Thrivent, we don’t seek to make a quick buck by doing a lot of short-term trading. We are investors, not traders. We do our homework, through rigorous, bottom-up assessment of companies and through disciplined credit analysis. If there’s one characteristic that defines our investment approach, I would say it is that we take a long-term view of the markets and of our performance. As an organization that’s been around for more than 100 years, the concept of taking a long-term approach is ingrained in our DNA."
Mark L. Simenstad, CFA
Mr. Simenstad joined Thrivent in 1999. He is the Chief Investment Strategist.
Mr. Simenstad serves as a portfolio manager of the following funds:
- Thrivent Aggressive Allocation Fund (since 2005)
- Thrivent Moderately Aggressive Allocation Fund (since 2005)
- Thrivent Moderate Allocation Fund (since 2005)
- Thrivent Moderately Conservative Allocation Fund (since 2005)
- Thrivent Diversified Income Plus Fund (since 2006)
- Thrivent Balanced Income Plus Fund (since 2015)
- Thrivent Multidimensional Income Fund (since 2017)
Conrad E. Smith, CFA
Mr. Smith is on his second stint with Thrivent. He joined Lutheran Brotherhood, one of Thrivent’s predecessors in 1993 and was with the firm through 2002 before leaving to pursue another opportunity. In 2004, he returned to Thrivent. In mid-2007 he initiated Thrivent’s leveraged loan effort in order to provide diversification to the high yield securities investments. Conrad oversees Thrivent’s leveraged loan efforts and also manages the high yield bond portfolio of Thrivent’s Insurance Company general account.
Mr. Smith serves as a portfolio manager of the following fund:
- Thrivent Opportunity Income Plus Fund (since 2013)
The Thrivent Way:
“I’m energized by the fact that we are working to help people meet their goals, help their families and have an impact in their area of interest.”
David Spangler, CFA
Mr. Spangler joined Thrivent in 2002 serving as Director of Thrivent’s Investment Product Management group. Currently, he is the Head of Mixed Asset and Market Strategies. In 2019, he was named Senior Portfolio Manager and serves as a portfolio manager of the following funds:
- Thrivent Aggressive Allocation Fund (since 2019)
- Thrivent Moderately Aggressive Allocation Fund (since 2019)
- Thrivent Moderate Allocation Fund (since 2019)
- Thrivent Moderately Conservative Allocation Fund (since 2019)
- Thrivent Balanced Income Plus Fund (since 2019)
- Thrivent Global Stock Fund (since 2019)
- Thrivent International Allocation Fund (since 2019)
William D. Stouten
Mr. Stouten joined Thrivent in 2001. He was a research analyst and trader for the Thrivent money market funds since 2001.
Mr. Stouten serves as a portfolio manager of the following fund:
- Thrivent Money Market Fund (since 2003)
The Thrivent Mutual Funds difference:
“Whether that greater good is achieved by providing better service to our members and shareholders so that their lives are positively impacted, by providing financial security to our members, or by increasing our generosity to the community through Thrivent’s various outreach and volunteer opportunities. The focus on benefiting our members and shareholders gives our daily work purpose, and no matter else I do, I will always want my work with a purpose.”
James M. Tinucci, CFA
Mr. Tinucci joined Thrivent in 2014. He previously held various positions at Thrivent from 2007 to 2012. Prior to rejoining Thrivent, Mr. Tinucci was a manager at Deloitte Consulting.
Mr. Tinucci serves as a portfolio manager of the following fund:
- Thrivent Small Cap Stock Fund (since 2015)
Priorities & Approach:
“My top priority when approaching active fund management is to provide superior risk adjusted returns through stock selection, with a bias towards well-operated companies with strong competitive positions.”
Kent White, CFA
Mr. White is currently a Senior Portfolio Manager at Thrivent and was previously the Director of Investment Grade Research. He has been with the firm since 1999.
Mr. White serves as a portfolio manager of the following funds:
- Thrivent Opportunity Income Plus Fund (since 2015)
- Thrivent Income Fund (since 2017)
- Thrivent Multidimensional Income Fund (since 2019)
Priorities & Approach
“We have a great team of very experienced credit analysts here at Thrivent so one of my top priorities is to leverage that experience and implement their ideas into our portfolios. The corporate bond portfolio is managed on a top down/bottom up basis so it’s important that their recommendations are being reflected. I believe it is important to foster a culture that values the input of the professionals closest to the assets they cover.”
Graham Wong, CFA
Mr. Wong joined Thrivent in 2013, serving as a portfolio manager.
Mr. Wong serves as a portfolio manager of the following fund:
- Thrivent Mid Cap Value Fund (since 2020)
Priorities & Approach:
“My priority is to generate consistent excess returns through stock selection and without taking excessive risk. Our process helps us identify attractive companies through rigorous industry and company research, with a focus on identifying undervalued companies with stable to improving return profiles.”
Goldman Sachs Asset Management, LP
Thrivent Asset Management, LLC. has engaged Goldman Sachs Asset Management, L.P. (“GSAM”) as investment subadvisor for the following fund:
- Thrivent International Allocation Fund
GSAM has been an active advisor of the Thrivent International Allocation Fund since its inception on February 29, 2008. The Fund’s international small-cap equity assets have been managed by the GSAM Quantitative Investment Strategies team (the “QIS” team) since September 25, 2013. GSAM has been registered as an investment advisor since 1988 and is an affiliate of Goldman, Sachs & Co. As of December 31, 2018, GSAM, including its investment advisory affiliates, had assets under supervision of $1.33 trillion. Assets under Supervision include assets under management and other client assets for which Goldman Sachs does not have full discretion.
The GSAM Team
- Len Ioffe is a Managing Director and member of the QIS Equity Portfolio Management Team. He joined GSAM in 1994 and has been a portfolio manager since 1996.
- Osman Ali is a Managing Director and member of the QIS Equity Portfolio Management Team. He joined GSAM in 2003 and has been a portfolio manager since 2005.
- Takashi Suwabe is a Managing Director, a member of the QIS Equity Portfolio Management Team, and Co-head of active equity research on the QIS team. He joined GSAM in 2004.