Tax Day is April 15, 2024. Visit the Tax Resource Center to help you prepare.

Three ways to buy Thrivent funds

We’re here to help you invest with confidence.

MUTUAL FUNDS

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.

MUTUAL FUNDS & ETFS

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.

MUTUAL FUNDS & ETFS

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.

Now leaving ThriventFunds.com

 

You're about to visit a site that is neither owned nor operated by Thrivent Mutual Funds.

In the interest of protecting your information, we recommend you review the privacy policies at your destination site.

Thrivent Small Cap Stock Fund —
Class S
TSCSX
Thrivent Small Cap Stock Fund
Class
Morningstar Rating
Small Blend
Overall among 593 funds as of
01/31/2024
Morningstar ratings are calculated based on risk-adjusted return.
Risk profile
Conservative Aggressive

Market Cap & Style

Large
Mid
Small
Value
Blend
Growth
Inception date
12/29/1997
As of
Net asset value
-
Daily NAV change
-
As of N/A
YTD return
-2.65%
1-year return
-0.86%
As of 01/31/2024
Net annual fund operating expenses
0.82%
As of
Sales charge
None
As of

Thrivent Small Cap Stock Fund seeks long-term capital growth.

This fund looks to provide investors with competitive performance through favorable stock selection while monitoring risk. The Fund typically invests in a combination of small-sized companies across the growth and value spectrums. 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. Small-sized companies may have the opportunity to grow more rapidly than larger companies as they potentially emerge from a small to a medium-sized company. However, they typically do not pay significant dividends to shareholders and instead reinvest earnings back into the company. Smaller companies have greater volatility (or more risk) because they are often less seasoned, have narrower product lines, less liquidity, smaller revenues and fewer resources than larger companies.

The Fund may be suitable for investors who:

  • Seek long-term growth
  • Have a long-term investment time horizon and an aggressive risk tolerance
  • Are able to withstand a high level of risk and volatility in pursuit of potentially high long-term returns
Fund management

Our seasoned team of more than 125 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 85% have earned the Chartered Financial Analyst designation, an advanced degree, or both.

  • Matthew D. Finn, CFA
    Matthew D. Finn, CFA
    VP, Head of Equity Funds
    Managing this fund since 2013

    Mr. Finn joined Thrivent in 2004. He is the Head of Equity Mutual Funds. Read more.

  • James M. Tinucci, CFA
    James M. Tinucci, CFA
    Senior Portfolio Manager
    Managing this fund since 2015

    Mr. Tinucci joined Thrivent in 2014. He previously held various positions at Thrivent from 2007 to 2012. Prior to rejoining Thrivent, Mr. Tinucci was a manager at Deloitte Consulting. Read more.

  • Katelyn R. Young, CPA
    Katelyn R. Young, CPA
    Senior Portfolio Manager
    Managing this fund since 2023

    Ms. Young joined Thrivent in 2022, serving as a 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 01/31/2024
0.82% Total annual fund operating expenses
Thrivent Small Cap Stock Fund S&P SmallCap 600 USD Russell 2000 Index Morningstar Small Blend Avg
3M 16.72% 17.30% 17.62% 16.46%
YTD -2.65% -3.95% -3.89% -2.76%
1Y -0.86% 1.81% 2.40% 3.36%
3Y 6.20% 3.72% -0.76% 4.23%
5Y 11.38% 7.93% 6.80% 8.02%
10Y 10.61% 8.65% 7.03% 7.24%
See data by:

Growth of 10K

as of 01/31/2024
$27,403
Total market value
$14,147
Current value of reinvested dividends and capital gains

Calendar year performance

as of 01/31/2024

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 01/31/2024
Total number of holdings
95
Turnover ratio (as of 12/29/2023)
51%

Top 10 Holdings

as of 12/29/2023
18.95%
of all holdings
N/A
N/A
Security name % of total assets
TTM Technologies, Inc. 2.54%
Ally Financial, Inc. 2.08%
Badger Infrastructure Solutions, Ltd. 2.07%
National Storage Affiliates Trust 1.98%
Air Lease Corporation 1.83%
RLI Corporation 1.82%
Houlihan Lokey, Inc. 1.70%
Plexus Corporation 1.65%
Enovis Corporation 1.65%
United States Lime & Minerals, Inc. 1.63%

Fund Diversification

as of 12/29/2023
N/A
N/A
  • Industrials
    22.15%
  • Financials
    15.91%
  • Information Technology
    15.71%
  • Consumer Discretionary
    9.28%
  • Health Care
    8.58%
  • Materials
    6.85%
  • Real Estate
    5.92%
  • Cash
    3.98%
  • Energy
    3.73%
  • Consumer Staples
    3.20%
  • Utilities
    2.43%
  • Communication Services
    2.27%

Equity characteristics

as of 01/31/2024
P/E Ratio Return on Equity
Thrivent Small Cap Stock Fund 17.42 8.68%
S&P 500® Index 24.10 24.63%

Ratings

Morningstar

as of 01/31/2024
Category: Small Blend
Morningstar Information
Check out our funds that received 4- or 5-Star Overall Morningstar RatingTM
Funds in category
Overall
593
3-Year
593
5-Year
558
10-Year
391
Risk vs. category
Average
593
Return vs. category
High
593

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 01/31/2024
Dividends Month End Nav
February 2023 $0.0000 $28.77
March 2023 $0.0000 $27.65
April 2023 $0.0000 $27.00
May 2023 $0.0000 $25.49
June 2023 $0.0000 $27.71
July 2023 $0.0000 $29.14
August 2023 $0.0000 $28.08
September 2023 $0.0000 $26.58
October 2023 $0.0000 $24.70
November 2023 $0.0000 $26.93
December 2023 $0.1353 $29.48
January 2024 $0.0000 $28.70

Trailing 12-Months; Dividend Schedule: Paid Annually


Capital gains - trailing 12 months

as of 01/31/2024
Record date Short term capital gains Long term capital gains Total
- - - -

Expenses, fees, and charges

Management Fees and Other Expenses 0.82%
Distribution/12b-1 Fee None
Total Annual Fund Operating Expenses 0.82%
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 uses fundamental, quantitative and technical investment research techniques to identify and purchase small, financially-sound companies that appear to have strong, long-term growth prospects and capable management teams.

Risk

Smaller, less seasoned companies often have greater price volatility, lower trading volume, and less liquidity than larger, more established companies. 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. The Adviser's assessment of investments may prove incorrect, resulting in losses or poor performance. Securities markets generally tend to move in cycles with periods when security prices rise and periods when security prices decline. These and other risks are described in the prospectus.

Individual Investors


Thrivent Logo