Thrivent Asset Management has been honored with two Refinitiv Lipper Fund Awards this year for Thrivent Mid Cap Stock Fund. The Lipper Awards recognize the performance of funds and fund management firms over three-, five-, and 10-year periods annually around the globe.
Thrivent Mid Cap Stock Fund, Class S (TMSIX), was named 2022 winner U.S. Best Mid-Cap Core Fund over the past five years and U.S. Best Mid-Cap Core Fund over the last 10 years performance periods (out of 234 and 150 funds, respectively, ending November 30, 2021).
“Thrivent Mid Cap Stock Fund has a history of strong performance and we’re proud to again be honored by Refinitiv Lipper,” said David Royal, executive vice president and chief investment officer at Thrivent. “Our talented investment professionals follow a disciplined investment process in order to deliver investment solutions that help our clients achieve financial clarity and live purposeful and meaningful lives. This award is a wonderful recognition of our commitment to excellence.”
“It takes an incredible team of investment professionals to create performance that leads to distinguished awards like Refinitiv Lipper,” said Brian Flanagan, portfolio manager of Thrivent Mid Cap Stock Fund. “Our investment process at Thrivent is grounded in bottom-up stock selection, research, portfolio construction and risk management, and I’m grateful to work with talented colleagues who bring their best ideas and recommendations to the table.”
Thrivent Mutual Funds began offering its funds online with no sales load (Class S) in February 2016. The funds are also offered through Thrivent financial advisors and other investment professionals around the country.
The Thrivent mutual funds are supported by a team of more than 130 investment professionals who take a long-term, disciplined approach in all phases of investment management including stock selection, portfolio construction and risk management.
For more than three decades, these awards have recognized funds and fund management firms for their consistently strong risk-adjusted three-, five-, and 10-year performance relative to their peers. Based on Lipper’s quantitative, proprietary methodology, the awards reflect a truly independent and uncompromised assessment of fund performance.
Thrivent Mutual Funds received these honors at the annual the Refinitiv Lipper Fund Awards gala in New York City on March 10.