March 12, 2019
Thrivent Mutual Funds has been honored with seven 2019 Lipper Awards from Refinitiv for its Small Cap Stock Fund, Mid Cap Stock Fund and Aggressive Allocation Stock Fund, and earned a group award for the performance of its mixed assets class. The annual awards, which were presented at a gala in New York City on March 7, 2019, recognize the performance of funds and fund management firms over three, five and 10-year periods. Since 2008, Thrivent Mutual Funds has received a total of 25 Lipper Awards.
The awards this year were based on risk-adjusted performance for the U.S. Region for periods ending Nov. 30, 2018:
- The Thrivent Mid Cap Stock Fund, Class S (TMSIX), was awarded Best Mid-Cap Core Fund for the past three-year, five-year and 10-year performance periods (out of 333, 283 and 189 funds, respectively).
- The Thrivent Small Cap Stock Fund, Class S (TSCSX), was awarded Best Small-Cap Core Fund for the past three and five-year periods (out of 785 and 654 funds, respectively).
- The Thrivent Aggressive Allocation Fund, Class S (TAAIX), was awarded Best Mixed-Asset Target Allocation Aggressive Growth Fund for the past five-year period (out of 135 funds).
- Thrivent’s Mixed Assets Class received a group award for the Small Company category out of 48 fund families for the three-year period.
“This is the greatest number of awards we’ve won in a given year, and I’m so proud of our team,” said David Royal, chief investment officer at Thrivent and president of Thrivent Mutual Funds. “The Lipper Awards validate our rigorous investment process and expertise. Because of our approach, we’re in a strong position to serve our investors on their wise with money journeys and help them lead content, confident, and generous lives.
The Thrivent Mutual Funds are supported by a team of more than 100 investment professionals who take a long-term, disciplined approach in all phases of investment management including stock selection, portfolio construction and risk management. The funds are offered online at ThriventFunds.com, as well as through Thrivent Financial professionals and other investment advisors around the country.
To learn more about the Lipper Fund Awards from Refinitiv, visit lipperfundawards.com.
Past performance is not necessarily indicative of future results.
Mixed-Asset Class Award Methodology: Asset Class Awards are given to the best large and best small fund families separately. Small fund family groups need to have at least three distinct portfolios in the mixed-asset class group to qualify for the award. For the 2019 Lipper Fund Awards from Refinitv (based on three-year period ending 11/30/2018), a small fund family is defined as having assets of $76.8 billion or less, excluding Money Market assets. The Mixed-Asset Class Award is given to the fund family with the lowest average decile rank of the three years' Consistent Return (Effective Return) measure of the eligible funds in the asset class. In cases of identical results, the lower average percentile rank will determine the winner.
Fund award methodology: The highest Lipper Leader for Consistent Return (Effective Return) value within each eligible classification determines the fund classification winner over three, five, or 10 years.
All Awards: Sales charges are not taken into consideration for Lipper Awards. Class S shares of Thrivent Mutual Funds have no sales charges. Some Thrivent Mutual Funds may have had fee waivers in effect and if they hadn’t been in effect performance would have been lower. See the Prospectus for current waiver information.
From Refinitiv Lipper Awards, ©2019 Refinitiv. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited.
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