1 Thrivent Church Loan and Income Fund portfolio management team works with Thrivent Church Finance group to source and structure the loans in the portfolio.
Thrivent Church Loan and Income Fund is a closed-end “interval fund” which is different from a mutual fund in specific ways. The Fund is only available to purchase through a financial professional. As an interval fund, the Fund can be purchased daily but redeeming money from the Fund is only offered at specific times. Limited liquidity is provided to shareholders only through the Fund’s quarterly offers to repurchase between 5% to 25% of its outstanding shares at net asset value (subject to applicable laws and approval of the Board of Trustees). There is no secondary market for the Fund’s shares and none is expected to develop. Investors should consider shares of the Fund to be an illiquid investment. If a repurchase offer is oversubscribed, your redemption request may be prorated. There is no assurance that investors will be able to redeem shares when and in the amount desired.
Investing in an interval fund involves risk, including the possible loss of principal. The prospectus contains more complete information on the investment objectives, risks, charges and expenses of the Fund, and other information, which investors should read and consider carefully before investing. Prospectuses are available at ThriventIntervalFunds.com or by calling 1-800-847-4836.
Grace Fellowship Church is a recipient of a loan issued by Thrivent Church Loan and Income Fund. They have not been compensated for their participation.
This information should not be considered investment advice or a recommendation of any particular security, strategy or product. Investment decisions should always be made based on an investor’s specific financial needs, objectives, goals, time horizon, and risk tolerance.
Thrivent Interval Funds, the marketing name for Thrivent Church Loan and Income Fund, is managed by Thrivent Asset Management, LLC, a SEC-registered investment adviser. The Fund’s principal underwriter and distributor is Thrivent Distributors, LLC, a registered broker/dealer and member of FINRA and SIPC. Both are subsidiaries of Thrivent, the marketing name for Thrivent Financial for Lutherans.