How to buy mutual funds from Thrivent

We’re delighted you’re considering Thrivent Mutual Funds. No matter how you buy, we’re here to help you invest with confidence.

Buy online through Thrivent Funds

You can open an account and purchase funds right on our site.

Why buy online?

  • Set up an account starting with as little as $50 per month1
  • Access your online account at your convenience.
  • Purchase funds without transaction fees or sales charges.

 

Buy through a financial professional

Need more guidance? Ask your financial professional about Thrivent Mutual Funds.

Why work 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, when working with a financial professional.

 

Buy through an investment account

Our funds can be purchased through other online brokerage platforms. Search for Thrivent Mutual Funds when making your selections.

Why buy through a brokerage account?

  • Add Thrivent Mutual Funds to 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.

 

Need more help?

Call or email us.
800-847-4836

M-F, 8 a.m. – 6 p.m. CT
Say “mutual funds" for faster service.
contactus@thriventfunds.com or,
Visit our support page

 

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.

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Thrivent Large Cap Value Fund —
Class S
TLVIX
Thrivent Large Cap Value Fund
Class
Morningstar Rating
Large Value
Overall among 1145 funds as of
05/31/2022
Morningstar ratings are calculated based on risk-adjusted return.
Risk profile
Conservative Aggressive

Market Cap & Style

Large
Mid
Small
Value
Blend
Growth
Inception date
10/29/1999
As of
Net asset value
N/A
Daily NAV change
$N/A
As of N/A
YTD return
-1.97%
1-year return
5.89%
As of 05/31/2022
Net annual fund operating expenses
0.54%
As of
Sales charge
None
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 130 investment professionals brings their deep expertise to managing each fund so you can feel confident in the choices you’re making. More than 75% have at least 10 years of experience, more than 45% 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.


Performance

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.


Average Annualized Returns

as of 05/31/2022
0.54% Total annual fund operating expenses
See data by:


Growth of 10K

as of 05/31/2022
$34,224
Total market value
$13,156
Current value of reinvested dividends and capital gains

Calendar year performance

as of 05/31/2022

Characteristics

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.


Holdings breakdown

as of 05/31/2022
Total number of holdings
87
Turnover ratio (as of 04/29/2022)
16%

Top 10 Holdings

as of 04/29/2022
21.75%
of all holdings
N/A
N/A
Security name % of total assets
Walmart, Inc. 2.59%
Cisco Systems, Inc. 2.42%
Philip Morris International, Inc. 2.31%
Johnson & Johnson 2.30%
Microsoft Corporation 2.24%
Bank of America Corporation 2.16%
Lowe's Companies, Inc. 2.16%
J.P. Morgan Chase & Company 1.89%
Anthem, Inc. 1.86%
Verizon Communications, Inc. 1.82%

Fund Diversification

as of 03/31/2022
N/A
N/A
  • Financials
    20.62%
  • Health Care
    15.83%
  • Industrials
    12.08%
  • Information Technology
    11.00%
  • Energy
    7.98%
  • Consumer Staples
    6.53%
  • Consumer Discretionary
    6.45%
  • Communication Services
    5.85%
  • Materials
    4.88%
  • Utilities
    4.17%
  • Real Estate
    2.78%
  • Cash
    1.83%

Equity characteristics

as of 05/31/2022
P/E Ratio Return on Equity
Thrivent Large Cap Value Fund 14.89 18.47%
S&P 500® Index 20.14 27.24%



Ratings

Morningstar

as of 05/31/2022
Category: Large Value
Morningstar Information
Check out our funds that received 4- or 5-Star Overall Morningstar RatingTM
Funds in category
Overall
1,145
3-Year
1,145
5-Year
1,073
10-Year
778
Risk vs. category
Above Average
1,145
Return vs. category
Above Average
1,145

Morningstar ratings are calculated based on risk-adjusted return.

Equity Style Map
Large
Mid
Small
Value
Blend
Growth
Weighted average of holdings
75% of fund's stock holdings

Distributions

as of 05/31/2022
Dividends Month End Nav
June 2021 $0.0000 $28.11
July 2021 $0.0000 $28.32
August 2021 $0.0000 $29.05
September 2021 $0.0000 $28.30
October 2021 $0.0000 $30.00
November 2021 $0.0000 $28.86
December 2021 $0.3529 $28.37
January 2022 $0.0000 $28.27
February 2022 $0.0000 $28.26
March 2022 $0.0000 $28.53
April 2022 $0.0000 $27.05
May 2022 $0.0000 $27.81

Trailing 12-Months; Dividend Schedule: Paid Annually


Capital gains - trailing 12 months

as of 05/31/2022
Record date Short term capital gains Long term capital gains Total
12/08/2021 $0.4626 $1.4119 $1.8745

Expenses, fees, and charges

Management Fees and Other Expenses 0.54%
Distribution/12b-1 Fee None
Total Annual Fund Operating Expenses 0.54%
Redemption Fee None
Transaction Fee None
Low Balance Fee $10 semiannually
Front-End Sales Charge None
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

Documents

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

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

Strategy

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, quantitative and technical 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.

Risk

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. Markets may also be impacted by domestic or global events, including public health threats, terrorism, natural disasters or similar events. The Adviser's assessment of investments and ESG considerations may prove incorrect, resulting in losses or poor performance. Foreign investments involve additional risks, such as currency fluctuations and political, economic and market instability, which may be magnified for investments in emerging markets. These and other risks are described in the prospectus.