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Pending Message
PENDING SHAREHOLDER APPROVAL, THRIVENT GROWTH AND INCOME PLUS FUND WILL MERGE INTO THRIVENT MODERATELY AGGRESSIVE ALLOCATION FUND ON OR AROUND JUNE 28, 2018. IT WILL BE CLOSED TO NEW SHAREHOLDER ACCOUNTS AT THE CLOSE OF BUSINESS APRIL 27, 2018. See prospectus supplement for more information

Fund Overview

Thrivent Growth and Income Plus Fund seeks income plus long-term capital growth.

This fund invests in equities to provide potential growth and income, and in higher-yielding, higher-risk, fixed-income securities to generate income. Investments are diversified across sectors in order to manage risk, potentially provide more stability when interest rates rise, and to provide the opportunity for long-term capital growth and income.

The Fund has a long-term target allocation of 70% equity securities and 30% fixed income. The portfolio management team actively manages the Fund with overweight and underweight positions in the various sectors based on their views of the market and economy. Individual stocks and bonds are analyzed and selected on an ongoing basis. The Fund is regularly rebalanced to ensure that the holdings are within appropriate ranges. Prior to August 16, 2013, the Fund was named Thrivent Equity Income Plus Fund. It invested primarily in dividend-paying stocks using risk management and portfolio optimization techniques. On August 16, 2013, the Fund adopted its current name and investment strategy, which includes the ability to invest a portion of its assets in higher-yielding fixed-income securities.

The Fund invests in debt securities and equity securities. The value of the Fund is influenced by factors impacting the overall market, certain asset classes, certain investment styles, and specific issuers. The Fund may incur losses due to investments that do not perform as anticipated by the investment advisor. Bond prices may decline during periods of rising interest rates. Credit risk is the risk that an issuer of a debt security may not pay its debt, and high yield securities are subject to increased credit risk as well as liquidity risk. Leveraged loans, REITs, preferred securities, convertible securities, sovereign debt, and mortgage-related and other asset-backed securities are subject to additional risks. Foreign investments involve additional risks, including currency fluctuations, liquidity, political, economic and market instability, and different legal and accounting standards; these risks are magnified for investments in emerging markets. An ETF is subject to additional fees and expenses, tracking error, and the risks of the underlying investments that it holds. The use of derivatives (such as futures and swaps) involves additional risks and transaction costs, which could leave the Fund in a worse position than if it had not used these instruments. The Fund may engage in active and frequent trading of portfolio securities in implementing its principal investment strategies, which may result in higher transaction costs and higher taxes.

Class A accounts are serviced via Thrivent.com

Who Should Consider Investing?

The Fund may be suitable for investors who:

  • Seek both long-term growth and income, and have a medium to long-term investment time horizon
  • Are able to withstand a moderately aggressive level of risk and volatility in pursuit of moderately high long-term returns

Our seasoned team of more than 100 investment professionals brings their deep expertise to managing each fund so you can feel confident in the choices you’re making. More than 84% have at least 10 years of experience, 55% have more than 20 years of investment experience, and 87% have earned the Chartered Financial Analyst designation, an advanced degree, or both.

Fund Details

Performance data cited represents past performance and should not be viewed as an indication of 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.