Thrivent Small Cap Stock Fund (TSCSX)
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 10/31/2018)
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 10/31/2018)
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 |
|---|---|
| 2008 | 9,276.3 |
| 2009 | 11,166.9 |
| 2010 | 14,020.47 |
| 2011 | 13,287.2 |
| 2012 | 14,559.37 |
| 2013 | 19,811.15 |
| 2014 | 20,756.01 |
| 2015 | 20,215.19 |
| 2016 | 25,407.91 |
| 2017 | 30,816.64 |
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.
Market Cap and Style
Market Cap and Style
Shows a fund’s primary equity style (growth, value, or blend) and primary market capitalization (large, mid, or small). 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. Market capitalization is a measure of the size of the companies held in the fund, calculated by multiplying a company’s total outstanding shares by the stock price. Market cap ranges change as stock market valuations shift over time. In general, market cap ranges of approximately $1-5 billion represent small cap stocks, $5-15 billion represents mid cap stocks and greater than $15 billion represents large cap stocks. Funds may hold securities that fall into different market cap ranges. See the prospectus for more details.
Market Cap and Style
Shows a fund’s primary equity style (growth, value, or blend) and primary market capitalization (large, mid, or small). 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. Market capitalization is a measure of the size of the companies held in the fund, calculated by multiplying a company’s total outstanding shares by the stock price. Market cap ranges change as stock market valuations shift over time. In general, market cap ranges of approximately $1-5 billion represent small cap stocks, $5-15 billion represents mid cap stocks and greater than $15 billion represents large cap stocks. Funds may hold securities that fall into different market cap ranges. See the prospectus for more details.
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 10/31/2018)
(as of 10/31/2018)
Fund Overview
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 both small-capitalization “growth” stocks and “value” stocks. 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 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 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.
The Fund primarily invests in securities of small companies. Smaller, less seasoned companies often have greater price volatility, lower trading volume, and less liquidity than larger, more established companies. 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.
Who Should Consider Investing?
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 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, 55% have more than 20 years of investment experience, and 87% 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 Small Cap Stock Fund | Lipper Small-Cap Core Median 1 | S&P 500® Index | S&P SmallCap 600® Index | ||
|---|---|---|---|---|---|
| 3 Month | -4.84% | -9.05% | -3.25% | -9.13% |   |
|
3 Month
Lipper Small-Cap Core Median
1
-9.05%
3 Month
S&P 500® Index
-3.25%
3 Month
S&P SmallCap 600® Index
-9.13%
|
|||||
| YTD | 1.39% | -2.43% | 3.01% | 2.54% | |
|
YTD
Lipper Small-Cap Core Median
1
-2.43%
YTD
S&P 500® Index
3.01%
YTD
S&P SmallCap 600® Index
2.54%
|
|||||
| 1 Year | 4.75% | 0.27% | 7.35% | 5.60% | |
|
1 Year
Lipper Small-Cap Core Median
1
0.27%
1 Year
S&P 500® Index
7.35%
1 Year
S&P SmallCap 600® Index
5.60%
|
|||||
| 3 Year | 14.59% | 8.81% | 11.52% | 12.84% | |
|
3 Year
Lipper Small-Cap Core Median
1
8.81%
3 Year
S&P 500® Index
11.52%
3 Year
S&P SmallCap 600® Index
12.84%
|
|||||
| 5 Year | 11.01% | 7.02% | 11.34% | 10.06% | |
|
5 Year
Lipper Small-Cap Core Median
1
7.02%
5 Year
S&P 500® Index
11.34%
5 Year
S&P SmallCap 600® Index
10.06%
|
|||||
| 10 Year | 12.07% | 12.18% | 13.24% | 14.16% | |
|
10 Year
Lipper Small-Cap Core Median
1
12.18%
10 Year
S&P 500® Index
13.24%
10 Year
S&P SmallCap 600® Index
14.16%
|
|||||
| Thrivent Small Cap Stock Fund | Lipper Small-Cap Core Median 1 | S&P 500® Index | S&P SmallCap 600® Index | ||
|---|---|---|---|---|---|
| 3 Month | 4.95% | 3.15% | 7.71% | 4.71% | |
|
3 Month
Lipper Small-Cap Core Median
1
3.15%
3 Month
S&P 500® Index
7.71%
3 Month
S&P SmallCap 600® Index
4.71%
|
|||||
| YTD | 10.23% | 8.07% | 10.56% | 14.54% | |
|
YTD
Lipper Small-Cap Core Median
1
8.07%
YTD
S&P 500® Index
10.56%
YTD
S&P SmallCap 600® Index
14.54%
|
|||||
| 1 Year | 16.01% | 12.26% | 17.91% | 19.08% | |
|
1 Year
Lipper Small-Cap Core Median
1
12.26%
1 Year
S&P 500® Index
17.91%
1 Year
S&P SmallCap 600® Index
19.08%
|
|||||
| 3 Year | 19.34% | 14.71% | 17.31% | 19.41% | |
|
3 Year
Lipper Small-Cap Core Median
1
14.71%
3 Year
S&P 500® Index
17.31%
3 Year
S&P SmallCap 600® Index
19.41%
|
|||||
| 5 Year | 13.76% | 9.97% | 13.95% | 13.32% | |
|
5 Year
Lipper Small-Cap Core Median
1
9.97%
5 Year
S&P 500® Index
13.95%
5 Year
S&P SmallCap 600® Index
13.32%
|
|||||
| 10 Year | 10.71% | 10.76% | 11.97% | 12.86% | |
|
10 Year
Lipper Small-Cap Core Median
1
10.76%
10 Year
S&P 500® Index
11.97%
10 Year
S&P SmallCap 600® Index
12.86%
|
|||||
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.
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.
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 10/31/2018)
| Thrivent Small Cap Stock Fund | Lipper Small-Cap Core Median 1 | S&P 500® Index | S&P SmallCap 600® Index | ||
|---|---|---|---|---|---|
| 2017 | 21.29% | 12.73% | 21.83% | 13.23% | |
|
2017 Lipper Small-Cap Core Median
12.73%
2017 S&P 500® Index
21.83%
2017 S&P SmallCap 600® Index
13.23%
|
|||||
| 2016 | 25.69% | 20.63% | 11.96% | 26.56% | |
|
2016 Lipper Small-Cap Core Median
20.63%
2016 S&P 500® Index
11.96%
2016 S&P SmallCap 600® Index
26.56%
|
|||||
| 2015 | -2.61% | -4.43% | 1.38% | -1.97% | |
|
2015 Lipper Small-Cap Core Median
-4.43%
2015 S&P 500® Index
1.38%
2015 S&P SmallCap 600® Index
-1.97%
|
|||||
| 2014 | 4.77% | 4.52% | 13.69% | 5.76% | |
|
2014 Lipper Small-Cap Core Median
4.52%
2014 S&P 500® Index
13.69%
2014 S&P SmallCap 600® Index
5.76%
|
|||||
| 2013 | 36.07% | 37.13% | 32.39% | 41.31% | |
|
2013 Lipper Small-Cap Core Median
37.13%
2013 S&P 500® Index
32.39%
2013 S&P SmallCap 600® Index
41.31%
|
|||||
| 2012 | 9.57% | 14.48% | 16.00% | 16.33% | |
|
2012 Lipper Small-Cap Core Median
14.48%
2012 S&P 500® Index
16.00%
2012 S&P SmallCap 600® Index
16.33%
|
|||||
| 2011 | -5.23% | -3.03% | 2.11% | 1.02% | |
|
2011 Lipper Small-Cap Core Median
-3.03%
2011 S&P 500® Index
2.11%
2011 S&P SmallCap 600® Index
1.02%
|
|||||
| 2010 | 25.55% | 25.42% | 15.06% | 26.31% | |
|
2010 Lipper Small-Cap Core Median
25.42%
2010 S&P 500® Index
15.06%
2010 S&P SmallCap 600® Index
26.31%
|
|||||
| 2009 | 20.38% | 29.45% | 26.46% | 25.57% | |
|
2009 Lipper Small-Cap Core Median
29.45%
2009 S&P 500® Index
26.46%
2009 S&P SmallCap 600® Index
25.57%
|
|||||
| 2008 | -37.70% | -35.77% | -37.00% | -31.07% | |
|
2008 Lipper Small-Cap Core Median
-35.77%
2008 S&P 500® Index
-37.00%
2008 S&P SmallCap 600® Index
-31.07%
|
|||||
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 or 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 S&P 500® Index is a market-cap weighted index that represents the average performance of a group of 500 large-capitalization stocks.
The S&P SmallCap 600® Index is a market-cap weighted index that represents the average performance of a group of 600 small-capitalization stocks.
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 10/31/2018)
Top 10 Holdings
This is the Fund’s top 10 holdings by percentage of the total assets.
This is the Fund’s top 10 holdings by percentage of the total assets.
(as of 09/28/2018)
- Omnicell, Inc. 1.97% - - %
- Dolby Laboratories, Inc. 1.94% - - %
- Children's Place, Inc. 1.92% - - %
- Kirby Corporation 1.90% - - %
- Transocean, Ltd. 1.79% - - %
- MRC Global, Inc. 1.76% - - %
- Virtusa Corporation 1.69% - - %
- Sensient Technologies Corporation 1.62% - - %
- Assured Guaranty, Ltd. 1.60% - - %
- Synovus Financial Corporation 1.57% - - %
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 09/28/2018)
-
Financials 21.9%
-
Industrials 17.8%
-
Information Technology 13.8%
-
Health Care 12.6%
-
Consumer Discretionary 8.9%
-
Energy 5.7%
-
Consumer Staples 5.3%
-
Materials 4.2%
-
Miscellaneous 3.7%
-
Utilities 2.2%
-
Real Estate 2.1%
-
Cash 1.8%
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 10/31/2018)
| P/E Ratio | ROE | ||
|---|---|---|---|
| Thrivent Small Cap Stock Fund | 21.8 | 10.0% | |
|
Thrivent Small Cap Stock Fund ROE
10.0%
|
|||
| S&P 500® Index | 19.2 | 20.0% | |
|
S&P 500® Index ROE
20.0%
|
|||
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
Related Documents
Schedule of Investments
(as of August 31, 2018)
Proxy Voting
(as of June 30, 2018)
2 Turnover Ratio: 12-month rolling as of 09/28/2018. 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 66%
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 10/31/2018)
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 Small Cap Stock Fund | 13.24 | 14.59 | |
|
Thrivent Small Cap Stock Fund Average Annualized Returns
14.59
|
|||
| S&P 500® Index | 9.39 | 11.52 | |
|
S&P 500® IndexAverage Annualized Returns
11.52
|
|||
| Standard Deviation | Average Annualized Returns | ||
|---|---|---|---|
| Thrivent Small Cap Stock Fund | 12.82 | 11.01 | |
|
Thrivent Small Cap Stock Fund Average Annualized Returns
11.01
|
|||
| S&P 500® Index | 10.06 | 11.34 | |
|
S&P 500® IndexAverage Annualized Returns
11.34
|
|||
| Standard Deviation | Average Annualized Returns | ||
|---|---|---|---|
| Thrivent Small Cap Stock Fund | 17.11 | 12.07 | |
|
Thrivent Small Cap Stock Fund Average Annualized Returns
12.07
|
|||
| S&P 500® Index | 13.47 | 13.24 | |
|
S&P 500® IndexAverage Annualized Returns
13.24
|
|||
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 10/31/2018)
Trailing 12-Months; Dividend Schedule: Paid Annually
| Dividends | Month End NAV | ||
|---|---|---|---|
| October 2018 | $0.0000 | $26.35 | |
|
|
|||
| $0.0000 (Total) | |||
| September 2018 | $0.0000 | $28.65 | |
|
|
|||
| $0.0000 (Total) | |||
| August 2018 | $0.0000 | $28.92 | |
|
|
|||
| $0.0000 (Total) | |||
| July 2018 | $0.0000 | $27.69 | |
|
|
|||
| $0.0000 (Total) | |||
| June 2018 | $0.0000 | $27.30 | |
|
|
|||
| $0.0000 (Total) | |||
| May 2018 | $0.0000 | $27.29 | |
|
|
|||
| $0.0000 (Total) | |||
| April 2018 | $0.0000 | $26.31 | |
|
|
|||
| $0.0000 (Total) | |||
| March 2018 | $0.0000 | $25.92 | |
|
|
|||
| $0.0000 (Total) | |||
| February 2018 | $0.0000 | $25.65 | |
|
|
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| $0.0000 (Total) | |||
| January 2018 | $0.0000 | $26.76 | |
|
|
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| $0.0000 (Total) | |||
| December 2017 | $0.0000 | $25.99 | |
|
|
|||
| $0.0000 (Total) | |||
| November 2017 | $0.0000 | $27.82 | |
|
|
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| $0.0000 (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 10/31/2018)
| Record Date | Short Term Capital Gains | Long Term Capital Gains | Total |
|---|---|---|---|
| 12/13/2017 | $0.0932 | $1.6441 | $1.7373 |
|
Record Date
12/13/2017
Short Term Capital Gains
$0.0932
Long Term Capital Gains
$1.6441
Total
$1.7373
|
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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. 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. 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 larger risk 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. 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 larger risk 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. Funds with less than three years of performance history are not rated.
Source: Morningstar
Equity Style Map
Thrivent Small Cap Stock Fund appeared as a small market-cap size, blend investment style fund on the Morningstar Style Box™ as of 8/31/2018.
Thrivent Small Cap Stock Fund appeared as a small market-cap size, blend investment style fund on the Morningstar Style Box™ as of 8/31/2018.
A high ranking does not necessarily imply that a fund had the best total performance or that the fund achieved positive results for that period. 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).
© 2018 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 | 0.81% |
| Distribution/12b-1 Fee | None |
| Total Annual Fund Operating Expenses | 0.81% |
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.
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