Thrivent Global Stock Fund (IILGX)
You own shares of this fund
Class
Mutual Funds may offer different "classes" of shares. Classes indicate the type and number of fees or expenses an investor can expect to pay for shares in a fund.
Class S
These are no-load funds, meaning there are no front-end or back-end sales charges to purchase or sell shares. Prior to February 1, 2016, Class S shares were named Institutional Shares.
Class A
These are front-end load funds, and they are not available for purchase on ThriventFunds.com. You may be eligible to purchase these shares if you work with a financial representative.
Class
Mutual Funds may offer different "classes" of shares. Classes indicate the type and number of fees or expenses an investor can expect to pay for shares in a fund.
Class S
These are no-load funds, meaning there are no front-end or back-end sales charges to purchase or sell shares. Prior to February 1, 2016, Class S shares were named Institutional Shares.
Class A
These are front-end load funds, and they are not available for purchase on ThriventFunds.com. You may be eligible to purchase these shares if you work with a financial representative.
Growth of $10,000
(as of 07/31/2019)
A look at this fund’s performance over the past 10 years or since the fund's inception (if less than 10 years), based on how an initial $10,000 investment would have changed over time. Performance shown assumes the reinvest of all dividends and capital gains. Performance of other share classes will vary from the results shown based on differences in sales charges and expenses.
(as of 07/31/2019)
A look at this fund’s performance over the past 10 years or since the fund's inception (if less than 10 years), based on how an initial $10,000 investment would have changed over time. Performance shown assumes the reinvest of all dividends and capital gains. Performance of other share classes will vary from the results shown based on differences in sales charges and expenses.
| Year | Value |
|---|---|
| 2009 | 11,340.03 |
| 2010 | 12,559.17 |
| 2011 | 11,980.6 |
| 2012 | 13,769.79 |
| 2013 | 17,882.48 |
| 2014 | 18,834.75 |
| 2015 | 19,385.01 |
| 2016 | 20,404.71 |
| 2017 | 24,745.33 |
| 2018 | 22,655.37 |
Risk Potential
Risk Potential
The potential for risk within the Thrivent Mutual Funds has been categorized into five levels: Conservative, Moderately Conservative, Moderate, Moderately Aggressive, and Aggressive, ranging from lower risk potential to higher risk potential. Funds on the lower risk portion of the scale (Conservative, Moderately Conservative) are expected to have a lower degree of volatility and price fluctuations while those on the higher risk portion of the scale (Aggressive, Moderately Aggressive) are expected to have a higher degree of volatility and price fluctuations.
Risk Potential
The potential for risk within the Thrivent Mutual Funds has been categorized into five levels: Conservative, Moderately Conservative, Moderate, Moderately Aggressive, and Aggressive, ranging from lower risk potential to higher risk potential. Funds on the lower risk portion of the scale (Conservative, Moderately Conservative) are expected to have a lower degree of volatility and price fluctuations while those on the higher risk portion of the scale (Aggressive, Moderately Aggressive) are expected to have a higher degree of volatility and price fluctuations.
Target Allocation
Target Allocation
Shows a fund’s long-term target allocations (or mix of securities) based on asset class or world region.
Target Allocation
Shows a fund’s long-term target allocations (or mix of securities) based on asset class or world region.
Fund Highlights
Net Asset Value (NAV)
The NAV is the fund’s value or price per share. The NAV is calculated by dividing the market value of all the fund’s shares (minus its liabilities) by the number of issued shares.
Daily NAV Change
The daily NAV change is the difference between the fund’s current price per share and its price at the time of market close on the prior day.
Returns
Returns are calculated on a calendar-year and year-to-date basis. These returns, also known as trailing returns, illustrate fund performance over a specific time period, including capital appreciation as well as reinvested dividends and capital gains distributions.
Net Annual Fund Operating Expenses
This figure represents the total percentage of a mutual fund’s assets used to maintain the fund, including operating expenses and management fees. It’s calculated by dividing the fund’s annual net operating expenses by the average dollar value of its assets, and includes the impact of any fee waivers or expense reimbursements that may have been in effect during the time period.
Sales Charges
The commission paid by an investor upon investment in a fund.
Net Asset Value (NAV)
The NAV is the fund’s value or price per share. The NAV is calculated by dividing the market value of all the fund’s shares (minus its liabilities) by the number of issued shares.
Daily NAV Change
The daily NAV change is the difference between the fund’s current price per share and its price at the time of market close on the prior day.
Returns
Returns are calculated on a calendar-year and year-to-date basis. These returns, also known as trailing returns, illustrate fund performance over a specific time period, including capital appreciation as well as reinvested dividends and capital gains distributions.
Net Annual Fund Operating Expenses
This figure represents the total percentage of a mutual fund’s assets used to maintain the fund, including operating expenses and management fees. It’s calculated by dividing the fund’s annual net operating expenses by the average dollar value of its assets, and includes the impact of any fee waivers or expense reimbursements that may have been in effect during the time period.
Sales Charges
The commission paid by an investor upon investment in a fund.
(as of 07/31/2019)
(as of 07/31/2019)
Fund Overview
Thrivent Global Stock Fund seeks long-term capital growth. Prior to 4/30/2019 the Fund was called Thrivent Large Cap Stock Fund.
This fund is a well-diversified portfolio of global securities, which may include companies from all countries including the United States. This fund looks to provide investors with consistent, competitive performance through favorable stock selection while monitoring risk. The Fund typically invests in a globally-diversified portfolio that includes a combination of both large-cap “growth” stocks and “value” stocks. The Fund will invest at least 40% of net assets in securities of foreign companies. Growth stocks are companies whose earnings are expected to grow at an above-average rate relative to the market. Value stocks are companies that trade at a lower price compared to the market average, as measured by valuation ratios that compare the stock’s price to the company’s earnings and growth trends. Large companies are generally considered to be more stable, but may not have the fast growth potential of smaller companies or the ability to respond as quickly to competitive challenges and changing market conditions.
The portfolio management team seeks to add value through stock selection and active management, and monitors risk in an effort to build a well-diversified, global portfolio. The team uses fundamental, quantitative, and technical investment research techniques to identify and purchase financially-sound companies that appear to have strong, long-term growth prospects and capable management teams.
The Fund invests in securities of large companies, which may be unable to respond quickly to new competitive challenges and may not be able to attain a high growth rate. 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 adviser. Foreign investments involve additional risks, including currency fluctuations, liquidity, political, economic and market instability, and different legal and accounting standards. The use of futures contracts involves additional risks such as a loss in value in the underlying instrument, which could decrease the value of the Fund. Quantitative investing uses models and factors that rely on historical data and may be incomplete. These and other risks are described in the Fund's prospectus.
Who Should Consider Investing?
The Fund may be suitable for investors who:
- Seek long-term growth
- Have a long-term investment time horizon and a moderately aggressive risk tolerance
- Are able to withstand a moderately high level of risk and volatility in pursuit of moderately-high long-term returns
Fund Management
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, 57% have more than 20 years of investment experience, and 85% have earned the Chartered Financial Analyst designation, an advanced degree, or both.
Fund Details
Looking at how this fund has performed over time, and comparing to appropriate benchmarks, can help you determine if it’s right for your needs.
Average Annualized Returns
Average Annualized Returns
These returns, also known as trailing returns, illustrate fund performance over a specific time period, including capital appreciation as well as reinvested dividends and capital gains distributions.
Average Annualized Returns
These returns, also known as trailing returns, illustrate fund performance over a specific time period, including capital appreciation as well as reinvested dividends and capital gains distributions.
Periods less than one year are not annualized.
| Thrivent Global Stock Fund | Lipper Global Large-Cap Core Funds Median 1 | MSCI World Large Cap Index | S&P 500® Index | MSCI EAFE Index | MSCI All Country World Index - USD Net Returns | ||
|---|---|---|---|---|---|---|---|
| 3 Month | -1.18% | 0.01% | 0.99% | 1.69% | -0.24% | 0.52% |   |
|
Lipper Global Large-Cap Core Funds Median
1
0.01%
MSCI World Large Cap Index
0.99%
S&P 500® Index
1.69%
MSCI EAFE Index
-0.24%
MSCI All Country World Index - USD Net Returns
0.52%
|
|||||||
| YTD | 14.26% | 17.54% | 17.41% | 20.24% | 13.05% | 16.57% | |
|
Lipper Global Large-Cap Core Funds Median
1
17.54%
MSCI World Large Cap Index
17.41%
S&P 500® Index
20.24%
MSCI EAFE Index
13.05%
MSCI All Country World Index - USD Net Returns
16.57%
|
|||||||
| 1 Year | -0.83% | 3.03% | 4.35% | 7.99% | -2.09% | 2.95% | |
|
Lipper Global Large-Cap Core Funds Median
1
3.03%
MSCI World Large Cap Index
4.35%
S&P 500® Index
7.99%
MSCI EAFE Index
-2.09%
MSCI All Country World Index - USD Net Returns
2.95%
|
|||||||
| 3 Year | 9.69% | 9.38% | 10.82% | 13.36% | 7.40% | 10.17% | |
|
Lipper Global Large-Cap Core Funds Median
1
9.38%
MSCI World Large Cap Index
10.82%
S&P 500® Index
13.36%
MSCI EAFE Index
7.40%
MSCI All Country World Index - USD Net Returns
10.17%
|
|||||||
| 5 Year | 6.76% | 6.35% | 7.20% | 11.34% | 2.89% | 6.48% | |
|
Lipper Global Large-Cap Core Funds Median
1
6.35%
MSCI World Large Cap Index
7.20%
S&P 500® Index
11.34%
MSCI EAFE Index
2.89%
MSCI All Country World Index - USD Net Returns
6.48%
|
|||||||
| 10 Year | 9.98% | 9.23% | 9.75% | 14.03% | 6.33% | 9.25% | |
|
Lipper Global Large-Cap Core Funds Median
1
9.23%
MSCI World Large Cap Index
9.75%
S&P 500® Index
14.03%
MSCI EAFE Index
6.33%
MSCI All Country World Index - USD Net Returns
9.25%
|
|||||||
| Thrivent Global Stock Fund | Lipper Global Large-Cap Core Funds Median 1 | MSCI World Large Cap Index | S&P 500® Index | MSCI EAFE Index | MSCI All Country World Index - USD Net Returns | ||
|---|---|---|---|---|---|---|---|
| 3 Month | 3.03% | 4.13% | 4.03% | 4.30% | 3.97% | 3.61% | |
|
Lipper Global Large-Cap Core Funds Median
1
4.13%
MSCI World Large Cap Index
4.03%
S&P 500® Index
4.30%
MSCI EAFE Index
3.97%
MSCI All Country World Index - USD Net Returns
3.61%
|
|||||||
| YTD | 14.92% | 16.59% | 16.76% | 18.54% | 14.49% | 16.23% | |
|
Lipper Global Large-Cap Core Funds Median
1
16.59%
MSCI World Large Cap Index
16.76%
S&P 500® Index
18.54%
MSCI EAFE Index
14.49%
MSCI All Country World Index - USD Net Returns
16.23%
|
|||||||
| 1 Year | 2.92% | 4.78% | 7.24% | 10.42% | 1.60% | 5.74% | |
|
Lipper Global Large-Cap Core Funds Median
1
4.78%
MSCI World Large Cap Index
7.24%
S&P 500® Index
10.42%
MSCI EAFE Index
1.60%
MSCI All Country World Index - USD Net Returns
5.74%
|
|||||||
| 3 Year | 11.32% | 10.82% | 12.07% | 14.19% | 9.65% | 11.62% | |
|
Lipper Global Large-Cap Core Funds Median
1
10.82%
MSCI World Large Cap Index
12.07%
S&P 500® Index
14.19%
MSCI EAFE Index
9.65%
MSCI All Country World Index - USD Net Returns
11.62%
|
|||||||
| 5 Year | 6.44% | 6.00% | 6.78% | 10.71% | 2.74% | 6.16% | |
|
Lipper Global Large-Cap Core Funds Median
1
6.00%
MSCI World Large Cap Index
6.78%
S&P 500® Index
10.71%
MSCI EAFE Index
2.74%
MSCI All Country World Index - USD Net Returns
6.16%
|
|||||||
| 10 Year | 10.92% | 10.17% | 10.58% | 14.70% | 7.40% | 10.15% | |
|
Lipper Global Large-Cap Core Funds Median
1
10.17%
MSCI World Large Cap Index
10.58%
S&P 500® Index
14.70%
MSCI EAFE Index
7.40%
MSCI All Country World Index - USD Net Returns
10.15%
|
|||||||
Expenses
Annual Fund Operating Expenses
This figure represents the total percentage of a mutual fund’s assets used to maintain the fund, including operating expenses and management fees. It does not include the impact of any fee waivers or expense reimbursements that may have been in effect during the time period. It’s calculated by dividing the fund’s annual operating expenses by the average dollar value of its assets.
Net Annual Fund Operating Expenses (if Applicable)
This figure represents the total percentage of a mutual fund’s assets used to maintain the fund, including operating expenses and management fees. It’s calculated by dividing the fund’s annual net operating expenses by the average dollar value of its assets, and includes the impact of any fee waivers or expense reimbursements that may have been in effect during the time period.
Annual Fund Operating Expenses
This figure represents the total percentage of a mutual fund’s assets used to maintain the fund, including operating expenses and management fees. It does not include the impact of any fee waivers or expense reimbursements that may have been in effect during the time period. It’s calculated by dividing the fund’s annual operating expenses by the average dollar value of its assets.
Net Annual Fund Operating Expenses (if Applicable)
This figure represents the total percentage of a mutual fund’s assets used to maintain the fund, including operating expenses and management fees. It’s calculated by dividing the fund’s annual net operating expenses by the average dollar value of its assets, and includes the impact of any fee waivers or expense reimbursements that may have been in effect during the time period.
Calendar Year Performance
Calendar Year Performance
How this fund has performed over each calendar year. The annual total returns are calculated on a calendar-year basis, and include both capital appreciation and dividends. Periods of less than one year are not shown.
Calendar Year Performance
How this fund has performed over each calendar year. The annual total returns are calculated on a calendar-year basis, and include both capital appreciation and dividends. Periods of less than one year are not shown.
(as of 07/31/2019)
| Thrivent Global Stock Fund | Lipper Global Large-Cap Core Funds Median 1 | MSCI World Large Cap Index | S&P 500® Index | MSCI EAFE Index | MSCI All Country World Index - USD Net Returns | ||
|---|---|---|---|---|---|---|---|
| 2018 | -8.45% | -10.05% | -7.75% | -4.38% | -13.36% | -9.41% | |
|
2018Lipper Global Large-Cap Core Funds Median
-10.05%
2018MSCI World Large Cap Index
-7.75%
2018S&P 500® Index
-4.38%
2018MSCI EAFE Index
-13.36%
2018MSCI All Country World Index - USD Net Returns
-9.41%
|
|||||||
| 2017 | 21.27% | 23.63% | 22.21% | 21.83% | 25.62% | 23.97% | |
|
2017Lipper Global Large-Cap Core Funds Median
23.63%
2017MSCI World Large Cap Index
22.21%
2017S&P 500® Index
21.83%
2017MSCI EAFE Index
25.62%
2017MSCI All Country World Index - USD Net Returns
23.97%
|
|||||||
| 2016 | 5.26% | 6.27% | 7.51% | 11.96% | 1.51% | 7.86% | |
|
2016Lipper Global Large-Cap Core Funds Median
6.27%
2016MSCI World Large Cap Index
7.51%
2016S&P 500® Index
11.96%
2016MSCI EAFE Index
1.51%
2016MSCI All Country World Index - USD Net Returns
7.86%
|
|||||||
| 2015 | 2.92% | -2.04% | -0.96% | 1.38% | -0.39% | -2.36% | |
|
2015Lipper Global Large-Cap Core Funds Median
-2.04%
2015MSCI World Large Cap Index
-0.96%
2015S&P 500® Index
1.38%
2015MSCI EAFE Index
-0.39%
2015MSCI All Country World Index - USD Net Returns
-2.36%
|
|||||||
| 2014 | 5.33% | 3.45% | 4.90% | 13.69% | -4.90% | 4.16% | |
|
2014Lipper Global Large-Cap Core Funds Median
3.45%
2014MSCI World Large Cap Index
4.90%
2014S&P 500® Index
13.69%
2014MSCI EAFE Index
-4.90%
2014MSCI All Country World Index - USD Net Returns
4.16%
|
|||||||
| 2013 | 29.87% | 25.28% | 26.41% | 32.39% | 22.78% | 22.80% | |
|
2013Lipper Global Large-Cap Core Funds Median
25.28%
2013MSCI World Large Cap Index
26.41%
2013S&P 500® Index
32.39%
2013MSCI EAFE Index
22.78%
2013MSCI All Country World Index - USD Net Returns
22.80%
|
|||||||
| 2012 | 14.93% | 18.20% | 15.72% | 16.00% | 17.32% | 16.13% | |
|
2012Lipper Global Large-Cap Core Funds Median
18.20%
2012MSCI World Large Cap Index
15.72%
2012S&P 500® Index
16.00%
2012MSCI EAFE Index
17.32%
2012MSCI All Country World Index - USD Net Returns
16.13%
|
|||||||
| 2011 | -4.61% | -7.28% | -5.09% | 2.11% | -12.14% | -7.35% | |
|
2011Lipper Global Large-Cap Core Funds Median
-7.28%
2011MSCI World Large Cap Index
-5.09%
2011S&P 500® Index
2.11%
2011MSCI EAFE Index
-12.14%
2011MSCI All Country World Index - USD Net Returns
-7.35%
|
|||||||
| 2010 | 10.75% | 11.09% | 10.04% | 15.06% | 7.75% | 12.67% | |
|
2010Lipper Global Large-Cap Core Funds Median
11.09%
2010MSCI World Large Cap Index
10.04%
2010S&P 500® Index
15.06%
2010MSCI EAFE Index
7.75%
2010MSCI All Country World Index - USD Net Returns
12.67%
|
|||||||
| 2009 | 27.32% | 31.19% | 28.61% | 26.46% | 31.78% | 34.63% | |
|
2009Lipper Global Large-Cap Core Funds Median
31.19%
2009MSCI World Large Cap Index
28.61%
2009S&P 500® Index
26.46%
2009MSCI EAFE Index
31.78%
2009MSCI All Country World Index - USD Net Returns
34.63%
|
|||||||
Performance shown assumes the reinvest of all dividends and capital gains. Performance of other share classes will vary from the results shown based on differences in sales charges and expenses.
1 Source: Lipper. The Lipper median represents the median annualized total return for all reported funds in the classification. Lipper medians do not include sales charges/fees. If included, returns would have been lower.
Benchmarks
Indexes are unmanaged and do not reflect the fees and expenses associated with active management. Investments cannot be made directly into an index.
The MSCI World Large Cap Index represents large cap stocks in 23 Developed Market countries.
The S&P 500® Index is a market-cap weighted index that represents the average performance of a group of 500 large-capitalization stocks.
The MSCI EAFE Index is a market capitalization-weighted index designed to measure the equity market performance of developed markets outside of the U.S. and Canada. It includes companies listed on stock exchanges in Europe, Australasia and the Far East, representing 22 developed-market countries.
The MSCI All Country World Index USD Net Returns measures the performance of large and mid-cap stocks across 23 developed and 24 emerging markets countries throughout the world.
Information about the types of holdings in this mutual fund.
Holdings Breakdown
Total Number of Holdings
This is a tally of the number of different investment products that make up the fund’s portfolio.
Turnover Ratio (Last 12 Months)
This is the percentage of the fund’s holdings that have been traded out or replaced with other holdings over the year.
Total Number of Holdings
This is a tally of the number of different investment products that make up the fund’s portfolio.
Turnover Ratio (Last 12 Months)
This is the percentage of the fund’s holdings that have been traded out or replaced with other holdings over the year.
(as of 07/31/2019)
Top 10 Holdings
This is the Fund’s top 10 holdings by percentage of the total assets. This excludes derivatives and cash that the fund may hold.
This is the Fund’s top 10 holdings by percentage of the total assets. This excludes derivatives and cash that the fund may hold.
(as of 06/28/2019)
| Security Name | Percentage of Total Assets | Maturity Date | Coupon Rate |
|---|---|---|---|
| Microsoft Corporation | 3.80% | - | - |
| Amazon.com, Inc. | 2.84% | - | - |
| Apple, Inc. | 2.41% | - | - |
| Alphabet, Inc., Class A | 2.34% | - | - |
| Cisco Systems, Inc. | 2.27% | - | - |
| Visa, Inc. | 1.71% | - | - |
| Bank Of America Corporation | 1.68% | - | - |
| Merck & Company, Inc. | 1.42% | - | - |
| Facebook, Inc. | 1.38% | - | - |
| Citigroup, Inc. | 1.31% | - | - |
Fund Diversification
This is the mix of areas in the market in which the fund contains holdings.
This is the mix of areas in the market in which the fund contains holdings.
(as of 06/28/2019)
-
Information Technology 19.9%
-
Financials 16.9%
-
Health Care 11.6%
-
Consumer Discretionary 11.4%
-
Communication Services 10.2%
-
Industrials 9.3%
-
Consumer Staples 5.3%
-
Materials 5.2%
-
Energy 4.9%
-
Cash 2.3%
-
Real Estate 1.6%
-
Utilities 1.4%
Equity Characteristics
Statistics shown below are compared to the S&P 500 Index®. The benchmark is intended to provide a comparison to the broad U.S. large cap stock market, and may not be representative of the Fund's investment strategies and holdings.
Statistics shown below are compared to the S&P 500 Index®. The benchmark is intended to provide a comparison to the broad U.S. large cap stock market, and may not be representative of the Fund's investment strategies and holdings.
(as of 07/31/2019)
|
P/E Ratio
|
ROE
|
||
|---|---|---|---|
| Thrivent Global Stock Fund | 17.2 | 21.5% | |
|
Thrivent Global Stock Fund ROE
21.5%
|
|||
| S&P 500® Index | 20.4 | 22.9% | |
|
S&P 500® Index ROE
22.9%
|
|||
Making Sense of the Numbers
- A high P/E ratio generally means that investors anticipate higher earnings in the future
- Most useful when compared to like investments or historical performance
- Market average is 20-25 times earnings
- High growth companies should have a higher ROE
- Useful to compare profitability to similar investments
Global Characteristics
Shows various categorizations of the fund's holdings, as of the date indicated.
Shows various categorizations of the fund's holdings, as of the date indicated.
(as of 07/31/2019)
| World Economic Classification | Top Five Countries (75.1% of fund) | ||||
|---|---|---|---|---|---|
| Developed International | 37.3% | United States | 53.1% | ||
| Emerging Markets | 9.6% | Japan | 7.1% | ||
| United States | 53.1% | United Kingdom | 5.9% | ||
| France | 5.2% | ||||
| Canada | 3.8% | ||||
Data is based on country of incorporation. Some companies may be domiciled in offshore locations that may not reflect the primary place of business. Developed International holdings may include exposure to emerging market securities that are listed in a developed market, such as mainland China holdings that are listed in Hong Kong.
Related Documents
Schedule of Investments
(as of April 30, 2019)
Proxy Voting
(as of June 30, 2018)
2 Turnover Ratio: 12-month rolling as of 06/28/2019. A measure of the Fund's trading activity which is calculated by dividing the lesser of long term purchases or long term sales by average long term market value.
Benchmarks
Indexes are unmanaged and do not reflect the fees and expenses associated with active management. Investments cannot be made directly into an index.
The S&P 500® Index is a market-cap weighted index that represents the average performance of a group of 500 large-capitalization stocks.
When you invest in a mutual fund, you take on the risk of losing some or all of your investment. Generally, funds with higher potential returns also have a greater possibility of loss. More conservative or lower risk funds have lower potential returns, but losses tend to be more modest and less frequent than those of more aggressive investments.
Beta Measurement
Beta is a statistical measure of the volatility, or market risk, of an investment compared to a benchmark. This chart compares the Fund to the S&P 500® over the past three years. The benchmark is intended to provide a comparison to the broad U.S. large cap stock market, and may not be representative of the Fund’s investment strategies and holdings. This chart also shows R-Squared, which helps indicate how meaningful the comparison may be.
Using the S&P 500 Index as the benchmark, the graph is showing an R2 of 92%
Making Sense of the Numbers
Beta
A beta of 1.0 indicates that the Fund’s price would generally move with the market. A beta of greater than 1.0 indicates the Fund is more volatile than the market, while a beta of less than 1.0 indicates the Fund is typically less volatile than the market. For example, a beta of 1.2 would indicate that the Fund is generally 20% more volatile than the broad U.S. large cap stock market, while a beta of 0.8 would indicate that the Fund is generally 20% less volatile than the market.
R2
R-Squared (or correlation squared) is used to indicate what percentage, from 0% to 100%, of the variation in a Fund’s return can be explained by the benchmark returns. It is used to help measure how similar a Fund is to the benchmark and how appropriate the benchmark is for other statistical comparisons. The lower the R2
, the less meaningful statistics such as Beta will be.
Volatility Measures
(as of 07/31/2019)
When it comes to choosing a fund with the right level of risk and reward, each investor must decide what is right for them. These measurements can help.
Depending on the fund inception date, some data may not be available.
|
Standard Deviation
|
Average Annualized Returns
|
||
|---|---|---|---|
| Thrivent Global Stock Fund | 11.50 | 9.69 | |
|
Thrivent Global Stock Fund Average Annualized Returns
9.69
|
|||
| S&P 500® Index | 12.10 | 13.36 | |
|
S&P 500® IndexAverage Annualized Returns
13.36
|
|||
|
Standard Deviation
|
Average Annualized Returns
|
||
|---|---|---|---|
| Thrivent Global Stock Fund | 12.08 | 6.76 | |
|
Thrivent Global Stock Fund Average Annualized Returns
6.76
|
|||
| S&P 500® Index | 11.99 | 11.34 | |
|
S&P 500® IndexAverage Annualized Returns
11.34
|
|||
|
Standard Deviation
|
Average Annualized Returns
|
||
|---|---|---|---|
| Thrivent Global Stock Fund | 13.43 | 9.98 | |
|
Thrivent Global Stock Fund Average Annualized Returns
9.98
|
|||
| S&P 500® Index | 12.57 | 14.03 | |
|
S&P 500® IndexAverage Annualized Returns
14.03
|
|||
Making Sense of the Numbers
Standard Deviation
Measures risk by showing how much a fund fluctuates relative to its average return over a period of time.
Annualized Return
These returns, also known as trailing returns, illustrate fund performance over a specific time period, including capital appreciation as well as reinvested dividends and capital gains distributions.
Benchmarks
Indexes are unmanaged and do not reflect the fees and expenses associated with active management. Investments cannot be made directly into an index.
The S&P 500® Index is a market-cap weighted index that represents the average performance of a group of 500 large-capitalization stocks.
A fund's yield is the income return on an investment based on the distributions paid and the net asset value of the fund. Yields are only shown for funds which have a monthly or quarterly dividend schedule.
Dividend Distributions & Price History
(as of 07/31/2019)
Trailing 12-Months; Dividend Schedule: Paid Annually
| Dividends | Month End NAV | ||
|---|---|---|---|
| July 2019 | $0.0000 | $26.04 | |
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| $0.3916 (Total) | |||
| June 2019 | $0.0000 | $26.19 | |
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| $0.3916 (Total) | |||
| May 2019 | $0.0000 | $24.62 | |
|
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| $0.3916 (Total) | |||
| April 2019 | $0.0000 | $26.35 | |
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| $0.3916 (Total) | |||
| March 2019 | $0.0000 | $25.42 | |
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| $0.3916 (Total) | |||
| February 2019 | $0.0000 | $25.17 | |
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| $0.3916 (Total) | |||
| January 2019 | $0.0000 | $24.57 | |
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| $0.3916 (Total) | |||
| December 2018 | $0.3916 | $22.79 | |
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| $0.3916 (Total) | |||
| November 2018 | $0.0000 | $26.97 | |
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| $0.3916 (Total) | |||
| October 2018 | $0.0000 | $26.88 | |
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| $0.3916 (Total) | |||
| September 2018 | $0.0000 | $29.27 | |
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| $0.3916 (Total) | |||
| August 2018 | $0.0000 | $29.22 | |
|
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| $0.3916 (Total) | |||
Capital Gains - Trailing 12 Months
Short-Term Cap Gains
Capital Gains paid on assets held by the fund for one year or less.
Long-Term Cap Gains
Capital Gains paid on assets held by the fund for more than one year.
Short-Term Cap Gains
Capital Gains paid on assets held by the fund for one year or less.
Long-Term Cap Gains
Capital Gains paid on assets held by the fund for more than one year.
(as of 07/31/2019)
| Record Date | Short Term Capital Gains | Long Term Capital Gains | Total |
|---|---|---|---|
| 12/12/2018 | - | $1.9201 | $1.9201 |
|
Record Date
12/12/2018
Short Term Capital Gains
-
Long Term Capital Gains
$1.9201
Total
$1.9201
|
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Morningstar Information
Overall Rating
Morningstar ratings show the weighted average of a fund's performance associated with its three, five, and ten year (if applicable) Morningstar Rating metrics.
Morningstar ratings show the weighted average of a fund's performance associated with its three, five, and ten year (if applicable) Morningstar Rating metrics.
3 Year Rating
5 Year Rating
10 Year Rating
Risk vs. Category
An assessment of the variations in a fund's monthly returns in comparison to similar funds, with an emphasis on downward variation. The greater the variation, the larger the risk score. If two funds have the exact same return, the one with greater variations in its return is given the larger risk score. In each Morningstar Category, the 10% of funds with the lowest measured risk are described as Low Risk, the next 22.5% Below Average, the middle 35% Average, the next 22.5% Above Average, and the top 10% High. Morningstar Risk is measured for up to three time periods (three-, five-, and 10-years). These separate measures are then weighted and averaged to produce an overall measure for the fund. The score shown is the overall measure. Funds with less than three years of performance history are not rated.
Source: Morningstar
An assessment of the variations in a fund's monthly returns in comparison to similar funds, with an emphasis on downward variation. The greater the variation, the larger the risk score. If two funds have the exact same return, the one with greater variations in its return is given the larger risk score. In each Morningstar Category, the 10% of funds with the lowest measured risk are described as Low Risk, the next 22.5% Below Average, the middle 35% Average, the next 22.5% Above Average, and the top 10% High. Morningstar Risk is measured for up to three time periods (three-, five-, and 10-years). These separate measures are then weighted and averaged to produce an overall measure for the fund. The score shown is the overall measure. Funds with less than three years of performance history are not rated.
Source: Morningstar
Return vs. Category
Morningstar return is an assessment of the fund's excess return over a risk-free rate (the return of the 90-day Treasury bill) in comparison to similar funds, with an emphasis on downward variation. Therefore, if two funds have precisely the same return, the one with greater variations in its return is given the lower return score. In each Morningstar Category, the top 10% of funds earn a High Morningstar Return, the next 22.5% Above Average, the middle 35% Average, the next 22.5% Below Average, and the bottom 10% Low. Morningstar Return is measured for up to three time periods (three-, five-, and 10-years). These separate measures are then weighted and averaged to produce an overall measure for the fund. The score shown is the overall measure. Funds with less than three years of performance history are not rated.
Source: Morningstar
Morningstar return is an assessment of the fund's excess return over a risk-free rate (the return of the 90-day Treasury bill) in comparison to similar funds, with an emphasis on downward variation. Therefore, if two funds have precisely the same return, the one with greater variations in its return is given the lower return score. In each Morningstar Category, the top 10% of funds earn a High Morningstar Return, the next 22.5% Above Average, the middle 35% Average, the next 22.5% Below Average, and the bottom 10% Low. Morningstar Return is measured for up to three time periods (three-, five-, and 10-years). These separate measures are then weighted and averaged to produce an overall measure for the fund. The score shown is the overall measure. Funds with less than three years of performance history are not rated.
Source: Morningstar
Equity Style Map
Thrivent Global Stock Fund appeared as a large market-cap size, blend investment style fund on the Morningstar Style Box™ as of 07/31/2019.
Thrivent Global Stock Fund appeared as a large market-cap size, blend investment style fund on the Morningstar Style Box™ as of 07/31/2019.
A high rating does not necessarily imply that a fund had the best total performance or that the fund achieved positive results for that period. Morningstar rating is for the S share class only; other classes may have difference performance characteristics. Please see the Performance tab for results as of the most recent month and quarter end.
The Morningstar RatingTM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.
The Morningstar Style BoxTM reveals a fund’s investment strategy. For equity funds, the vertical axis of the Equity Style Map shows the market capitalization of the stocks owned (large, medium, or small) and the horizontal axis shows investment style (value, blend, or growth).
© 2019 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
It’s important to understand investing costs because they can impact your net return. Here is a breakdown of applicable sales charges and annual operating expenses associated with this mutual fund. Other fees may apply for certain services or account types and are redeemed directly from your account. Examples include overnight delivery or wire fees and annual custodial fees on IRAs.
Annual Fund Operating Expenses
Management Fees and Other Expenses
This figure represents the total percentage of a mutual fund's assets paid to the investment adviser for portfolio management and investment services (the "management fee"), "Acquired Fund Fees and Expenses" (if the Fund invests in other mutual funds or investments with management fees), plus "Other Expenses" such as custodial, transfer agency, legal, accounting and administrative fees that are required to operate the fund. For more information, please see the prospectus or Statement of Additional Information.
Distribution/12b-1 Fee (May not apply. See prospectus for more details)
This is an annual marketing or distribution fee on a mutual fund. This is an operational expense, so it’s included in a fund's expense ratio.
Total Annual Fund Operating Expenses
This figure represents the total percentage of a mutual fund’s assets used to maintain the fund, including operating expenses and management fees. It does not include the impact of any fee waivers or expense reimbursements that may have been in effect during the time period. It’s calculated by dividing the fund’s annual operating expenses by the average dollar value of its assets.
Less Waiver (May not apply. See prospectus for more details)
Certain funds may be subject to an expense waiver, or the amount the fund's Adviser waives or assumes to keep the fund's expenses low.
Net Annual Fund Operating Expenses
This figure represents the total percentage of a mutual fund’s assets used to maintain the fund, including operating expenses and management fees. It’s calculated by dividing the fund’s annual net operating expenses by the average dollar value of its assets, and includes the impact of any fee waivers or expense reimbursements that may have been in effect during the time period.
Management Fees and Other Expenses
This figure represents the total percentage of a mutual fund's assets paid to the investment adviser for portfolio management and investment services (the "management fee"), "Acquired Fund Fees and Expenses" (if the Fund invests in other mutual funds or investments with management fees), plus "Other Expenses" such as custodial, transfer agency, legal, accounting and administrative fees that are required to operate the fund. For more information, please see the prospectus or Statement of Additional Information.
Distribution/12b-1 Fee (May not apply. See prospectus for more details)
This is an annual marketing or distribution fee on a mutual fund. This is an operational expense, so it’s included in a fund's expense ratio.
Total Annual Fund Operating Expenses
This figure represents the total percentage of a mutual fund’s assets used to maintain the fund, including operating expenses and management fees. It does not include the impact of any fee waivers or expense reimbursements that may have been in effect during the time period. It’s calculated by dividing the fund’s annual operating expenses by the average dollar value of its assets.
Less Waiver (May not apply. See prospectus for more details)
Certain funds may be subject to an expense waiver, or the amount the fund's Adviser waives or assumes to keep the fund's expenses low.
Net Annual Fund Operating Expenses
This figure represents the total percentage of a mutual fund’s assets used to maintain the fund, including operating expenses and management fees. It’s calculated by dividing the fund’s annual net operating expenses by the average dollar value of its assets, and includes the impact of any fee waivers or expense reimbursements that may have been in effect during the time period.
| Management Fees and Other Expenses | 0.64% |
| Distribution/12b-1 Fee | None |
| Total Annual Fund Operating Expenses | 0.64% |
Other Fund Fees
Redemption Fee
A fee charged for withdrawing money from a mutual fund. These fees are usually used to discourage shareholders from making too many sales in a short period of time.
Transaction Fee
A fee charged by a broker or other intermediary for assistance in purchasing or selling shares of a fund.
Low Balance Fee
A fee charged to offset expenses incurred when maintaining low balance accounts.
Redemption Fee
A fee charged for withdrawing money from a mutual fund. These fees are usually used to discourage shareholders from making too many sales in a short period of time.
Transaction Fee
A fee charged by a broker or other intermediary for assistance in purchasing or selling shares of a fund.
Low Balance Fee
A fee charged to offset expenses incurred when maintaining low balance accounts.
| Redemption Fee | None |
| Transaction Fee | None |
| Low Balance Fee3 | $10 semiannually |
Sales Charge
Front-End Charge
The sales charge applied at the time of an initial purchase of mutual fund shares. The charge is deducted from the amount being invested, so a front-end load lowers the size of the investment.
Back-End Charge
The fee paid when selling shares in a mutual fund within a set number of years, often five to 10 years. The fee amounts to a percentage of the value of the share being sold. The fee percentage is highest in the first year and decreases yearly until the specified holding period ends, at which time it drops to zero.
Front-End Charge
The sales charge applied at the time of an initial purchase of mutual fund shares. The charge is deducted from the amount being invested, so a front-end load lowers the size of the investment.
Back-End Charge
The fee paid when selling shares in a mutual fund within a set number of years, often five to 10 years. The fee amounts to a percentage of the value of the share being sold. The fee percentage is highest in the first year and decreases yearly until the specified holding period ends, at which time it drops to zero.
| Front-End Charge | None |
| Back-End Charge | None |
Minimum Investment
Initial Minimum Investments
The minimum amount of money needed to first invest in a mutual fund.
Additional Purchases Amount
After the initial minimum investment has been made, ongoing purchases of shares can happen at a much lower amount.
Recurring Investments
This indicates the smallest amount with which you may enter a fund’s automatic recurring plan. You can arrange for the fund to receive money from your checking account on a monthly, quarterly, semiannual, or annual basis.
Initial Minimum Investments
The minimum amount of money needed to first invest in a mutual fund.
Additional Purchases Amount
After the initial minimum investment has been made, ongoing purchases of shares can happen at a much lower amount.
Recurring Investments
This indicates the smallest amount with which you may enter a fund’s automatic recurring plan. You can arrange for the fund to receive money from your checking account on a monthly, quarterly, semiannual, or annual basis.
| Initial for non-retirement accounts | $2,000 |
| Initial for retirement or tax deferred accounts | $1,000 |
| Additional Purchases | $50 |
3 Due to the high cost to shareholders of maintaining accounts with low balances, the transfer agent may, by redeeming shares, charge a semiannual fee of $10 if the value of shares in the account falls to an amount below the fund minimum. See the Prospectus for more 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.