Three ways to buy Thrivent funds

We’re here to help you invest with confidence.


Thrivent Account

You can purchase mutual funds right on our site with an online account.

Buy with a Thrivent account

  • Set up an account starting with as little as $50 per month.1
  • Access your online account at your convenience.
  • Purchase funds without transaction fees or sales charges.


Financial Professional

For guidance when investing, ask a financial professional about buying Thrivent mutual funds & ETFs.

Buy with a financial professional

  • Receive investment help from an experienced professional.
  • Build a relationship through in-person meetings.
  • Get help planning for life’s goals such as saving and retirement.
  • Additional fees may apply.


Brokerage Account

If you already have a brokerage account, our mutual funds & ETFs can be purchased through online brokerage platforms by searching for Thrivent Mutual Funds and ETFs.

Buy with a brokerage account

  • Add Thrivent Mutual Funds and ETFs to your investments within your existing portfolio.
  • Take advantage of your account to keep your investments in one place.
  • Additional fees may apply.
Not quite ready?

We want you to invest your money wisely and with confidence.
Here are some other options that may help you.

  • Take our quiz to determine your personal investment style.
  • Talk to your financial advisor about ETFs.
  • Sign up for our monthly investing insights newsletter.


Need more help?

If you need assistance, we’re here to help. Reach out to us via the phone, email, and support page information below.


This ETF is different from traditional ETFs. Traditional ETFs tell the public what assets they hold each day. This ETF will not. This may create additional risks for your investment. For example:

 - You may have to pay more money to trade the ETF’s shares. This ETF will provide less information to traders, who tend to charge more for trades when they have less information.

 - The price you pay to buy ETF shares on an exchange may not match the value of the ETF’s portfolio. The same is true when you sell shares. These price differences may be greater for this ETF compared to other ETFs because it provides less information to traders.

 - These additional risks may be even greater in bad or uncertain market conditions.

 - The ETF will publish on its website each day a “Proxy Portfolio” designed to help trading in shares of the ETF. While the Proxy Portfolio includes some of the ETF’s holdings, it is not the ETF’s actual portfolio.

The differences between this ETF and other ETFs may also have advantages. By keeping certain information about the ETF secret, this ETF may face less risk that other traders can predict or copy its investment strategy. This may improve the ETF’s performance. If other traders are able to copy or predict the ETF’s investment strategy, however, this may hurt the ETF’s performance. For additional information regarding the unique attributes and risks of the ETF, see the Principal Risks section of the prospectus.

1 New accounts with a minimum investment amount of $50 are offered through the Thrivent Mutual Funds "automatic purchase plan." Otherwise, the minimum initial investment requirement is $2,000 for non-retirement accounts and $1,000 for IRA or tax-deferred accounts, minimum subsequent investment requirement is $50 for all account types. Account minimums for other options vary.

Thrivent ETFs may be purchased through your financial professional or brokerage platforms.

Contact your financial professional or brokerage firm to understand minimum investment amounts when purchasing a Thrivent ETF.

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Thrivent Large Cap Value Fund —
Class A
Thrivent Large Cap Value Fund
Morningstar Rating
Large Value
Rating 4
Overall among 1099 funds as of
Morningstar ratings are calculated based on risk-adjusted return.
Risk profile
The risk profile for this fund is Moderately Aggressive

Market Cap & Style

Inception date
As of
Public offering price
Net asset value
Daily NAV change
As of N/A
YTD return with sales charge
1-year return with sales charge
As of 06/28/2024
Net annual fund operating expenses
As of
Max sales charge
As of

Thrivent Large Cap Value Fund seeks to achieve long-term growth of capital.

This Fund looks to provide investors with consistent, competitive performance through favorable stock selection while monitoring risk. The Fund typically invests in large companies across the value spectrum. 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 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 140 investment professionals brings their deep expertise to managing each fund so you can feel confident in the choices you’re making. More than 80% have at least 10 years of experience, more than 50% have more than 20 years of investment experience, and more than 80% have earned the Chartered Financial Analyst designation, an advanced degree, or both.

  • Kurt J. Lauber, CFA
    Kurt J. Lauber, CFA
    Senior Portfolio Manager
    Managing this fund since 2013

    Mr. Lauber joined Thrivent in 2004. He has previously served as an associate portfolio manager. Read more.

  • Thomas Lieu
    Thomas Lieu
    Senior Portfolio Manager
    Managing this fund since 2022

    Mr. Lieu joined Thrivent in 2019, serving as a senior portfolio manager. Read more.


All data represents past performance. Past performance does not guarantee 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.

Average Annualized Returns

as of 06/28/2024
0.85% Total annual fund operating expenses
Thrivent Large Cap Value Fund S&P 500® Value Index Russell 1000 Value® Index Morningstar Large Value Avg
3M -5.93% -2.10% -2.17% -1.44%
YTD 2.25% 5.79% 6.62% 7.33%
1Y 9.67% 15.29% 13.06% 14.82%
3Y 6.06% 9.59% 5.52% 6.46%
5Y 10.27% 11.89% 9.01% 9.86%
10Y 8.71% 9.89% 8.23% 8.44%

The average annualized returns for the fund reflect the current maximum sales charge of 4.50%.

See data by:

Growth of 10K

as of 06/28/2024
Total market value
Current value of reinvested dividends and capital gains

Calendar year performance

as of 06/28/2024


All data represents past performance. Past performance does not guarantee 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.

Holdings breakdown

as of 06/28/2024
Total number of holdings
Turnover ratio (as of 05/31/2024)

Top 10 Holdings

as of 05/31/2024
of all holdings
Security name % of total assets
Exxon Mobil Corporation 3.08%
Wells Fargo & Company 2.90%
J.P. Morgan Chase & Company 2.66%
QUALCOMM, Inc. 2.48%
Elevance Health, Inc. 2.12%
Johnson & Johnson 2.06%
Philip Morris International, Inc. 2.05%
Bank of America Corporation 2.02%
Verizon Communications, Inc. 2.01%
Merck & Company, Inc. 1.98%

Fund Diversification

as of 06/28/2024
  • Financials
  • Health Care
  • Industrials
  • Energy
  • Information Technology
  • Consumer Staples
  • Communication Services
  • Consumer Discretionary
  • Utilities
  • Materials
  • Real Estate
  • Cash

Equity characteristics

as of 06/28/2024
P/E Ratio Return on Equity
Thrivent Large Cap Value Fund 17.09 15.31%
S&P 500® Index 27.12 30.12%



as of 06/30/2024
Category: Large Value
Morningstar Information
Check out our funds that received 4- or 5-Star Overall Morningstar RatingTM
Funds in category
4 out of five stars
funds in category
4 out of five stars
funds in category
4 out of five stars
funds in category
3 out of five stars
funds in category
Risk vs. category
Above Average
funds in category
Return vs. category
Above Average
funds in category

Morningstar ratings are calculated based on risk-adjusted return.

equity style is large value
Equity Style Map


as of 06/28/2024
Dividends Month End Nav Month End Pop
July 2023 $0.0000 $27.55 $28.85
August 2023 $0.0000 $26.64 $27.90
September 2023 $0.0000 $25.81 $27.03
October 2023 $0.0000 $25.10 $26.28
November 2023 $0.0000 $26.74 $28.00
December 2023 $0.3877 $27.55 $28.85
January 2024 $0.0000 $27.63 $28.93
February 2024 $0.0000 $28.47 $29.81
March 2024 $0.0000 $29.95 $31.36
April 2024 $0.0000 $28.85 $30.21
May 2024 $0.0000 $29.73 $31.13
June 2024 $0.0000 $29.50 $30.89

Trailing 12-Months; Dividend Schedule: Paid Annually

Capital gains - trailing 12 months

as of 06/28/2024
Record date Short term capital gains Long term capital gains Total
12/13/2023 - $0.4999 $0.4999

Expenses, fees, and charges

Management Fees and Other Expenses 0.60%
Distribution/12b-1 Fee 0.25%
Total Annual Fund Operating Expenses 0.85%
Redemption Fee None
Transaction Fee None
Low Balance Fee $10 semiannually
Front-End Sales Charge Max 4.50%
Back-End Sales Charge None

Minimum investment

Initial for non-retirement accounts $2,000
Initial for retirement or tax deferred accounts $1,000
Additional Purchases $50
Initial minimums are waived when a recurring investment of $50 or more is set up


Title Download View
Prospectus & Fund Documents -
Fund Facts -
Schedule of Investments -
Annual Proxy Voting -

Due to rounding, some values may not total 100%.


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 portfolio. The team also seeks to invest in stocks that they believe are undervalued, which may be because the company is out of favor or has been temporarily overlooked. The team uses fundamental and other investment research techniques in an effort to identify high-quality businesses that are trading at attractive prices, but have good prospects for long-term capital appreciation. Catalysts for improvement may include factors such as improving economic conditions, new industry developments, or a company’s plan to improve the business.


Large companies may be unable to respond quickly to new competitive challenges and may not be able to attain a high growth rate. The Fund’s value is influenced by a number of factors, including the performance of the broader market and risks specific to the Fund’s asset classes, investment styles, and issuers. Foreign investments involve additional risks, such as currency fluctuations and political, economic and market instability. The Adviser's assessment of investments may prove incorrect, resulting in losses or poor performance. These and other risks are described in the prospectus.

Individual Investors

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