Thrivent Money Market Fund* (AMMXX)
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
While Class A are typically front-end load funds, this fund is a no load fund. 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
While Class A are typically front-end load funds, this fund is a no load fund. You may be eligible to purchase these shares if you work with a financial representative.
Growth of $10,000
(as of 09/28/2018)
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 reinvestment of all dividends and capital gains. Performance of other share classes will vary from the results shown based on differences in fees and expenses.
(as of 09/28/2018)
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 reinvestment of all dividends and capital gains. Performance of other share classes will vary from the results shown based on differences in fees and expenses.
| Year | Value |
|---|---|
| 2008 | 10,055.73 |
| 2009 | 10,082.41 |
| 2010 | 10,082.41 |
| 2011 | 10,082.41 |
| 2012 | 10,082.41 |
| 2013 | 10,082.41 |
| 2014 | 10,082.41 |
| 2015 | 10,082.41 |
| 2016 | 10,082.41 |
| 2017 | 10,092.47 |
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.
Morningstar Fixed Income Style Box
Fund Highlights
Public Offering Price
The price at which the fund is offered to the public.
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.
Historical Market-Based NAV
The Fund’s net asset value per share calculated based on current market factors before applying the amortized cost or penny-rounding method, rounded to the fourth decimal place. Values may vary by share class.
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.
Public Offering Price
The price at which the fund is offered to the public.
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.
Historical Market-Based NAV
The Fund’s net asset value per share calculated based on current market factors before applying the amortized cost or penny-rounding method, rounded to the fourth decimal place. Values may vary by share class.
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 09/28/2018)
(as of 09/28/2018)
Fund Overview
Thrivent Money Market Fund seeks to achieve the maximum current income that is consistent with stability of capital and maintenance of liquidity.
This fund is managed as a government money market fund according to rules established by the Securities and Exchange Commission (SEC) that are designed so that the Fund may maintain a stable, $1.00 share price. Those rules generally require the Fund to invest only in high quality securities that are denominated in U.S. dollars and have short remaining maturities. The Fund is also required to maintain a dollar-weighted average maturity of not more than 60 days and a dollar-weighted average life of not more than 120 days.
The portfolio management team tries to produce current income while maintaining liquidity by investing at least 99.5% of its total assets in U.S. government securities, cash and repurchase agreements collateralized fully by government securities or cash. The Advisor invests in securities by selecting from the available supply of short-term government securities based on its interest rate outlook and analysis of quantitative and technical factors. Although the Fund frequently holds securities until maturity, the Advisor may sell securities to increase liquidity.
The Fund invests at least 99.5% of its total assets in government securities, cash and repurchase agreements collateralized fully by government securities or cash. You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time. Credit risk is the risk that an issuer of a bond to which the Fund is exposed may no longer be able to pay its debt. A weak economy, strong equity markets, or changes by the Federal Reserve to its monetary policies may cause short-term interest rates to increase and affect the Fund ability to maintain a stable share price. Securities issued or guaranteed by U.S. government-related organizations are not backed by the full faith and credit of the U.S. government.
Who Should Consider Investing?
The Fund may be suitable for investors who:
- Seek income with stability of principal and liquidity
- Have a short-term investment time horizon and a conservative risk tolerance
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 Money Market Fund* (with max sales charges) | Lipper U.S. Government Money Market Funds Median 1 | ||
|---|---|---|---|
| 3 Month | 0.36% | 0.36% |   |
|
3 Month
Lipper U.S. Government Money Market Funds Median
1
0.36%
|
|||
| YTD | 0.91% | 0.87% | |
|
YTD
Lipper U.S. Government Money Market Funds Median
1
0.87%
|
|||
| 1 Year | 1.01% | 1.00% | |
|
1 Year
Lipper U.S. Government Money Market Funds Median
1
1.00%
|
|||
| 3 Year | 0.34% | 0.39% | |
|
3 Year
Lipper U.S. Government Money Market Funds Median
1
0.39%
|
|||
| 5 Year | 0.20% | 0.24% | |
|
5 Year
Lipper U.S. Government Money Market Funds Median
1
0.24%
|
|||
| 10 Year | 0.18% | 0.16% | |
|
10 Year
Lipper U.S. Government Money Market Funds Median
1
0.16%
|
|||
| Thrivent Money Market Fund* (with max sales charges) | Lipper U.S. Government Money Market Funds Median 1 | ||
|---|---|---|---|
| 3 Month | 0.36% | 0.36% | |
|
3 Month
Lipper U.S. Government Money Market Funds Median
1
0.36%
|
|||
| YTD | 0.91% | 0.87% | |
|
YTD
Lipper U.S. Government Money Market Funds Median
1
0.87%
|
|||
| 1 Year | 1.01% | 1.00% | |
|
1 Year
Lipper U.S. Government Money Market Funds Median
1
1.00%
|
|||
| 3 Year | 0.34% | 0.39% | |
|
3 Year
Lipper U.S. Government Money Market Funds Median
1
0.39%
|
|||
| 5 Year | 0.20% | 0.24% | |
|
5 Year
Lipper U.S. Government Money Market Funds Median
1
0.24%
|
|||
| 10 Year | 0.18% | 0.16% | |
|
10 Year
Lipper U.S. Government Money Market Funds Median
1
0.16%
|
|||
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.
Yields
7 Day Current
The yield generated by an investment in the fund over a 7-day period ended on the date of the calculation and expressed as an annual percentage.
7 Day Effective
Similar to the 7-Day Current, except that the effective yield assumes that income earned from the fund's investments is reinvested and generating additional income. It’s expressed as an annual percentage.
7 Day Current Before Reimbursement
The 7-Day Yield Without Reimbursement is the yield without any fee reimbursements applied. This is a voluntary reimbursement and can be discontinued at any time.
7 Day Effective Before Reimbursement
The 7-Day Yield Without Reimbursement is the yield without any fee reimbursements applied. This is a voluntary reimbursement and can be discontinued at any time.
Note: The yield quotation more closely reflects the current earnings of the Thrivent Money Market Fund than the total return quotation.
7 Day Current
The yield generated by an investment in the fund over a 7-day period ended on the date of the calculation and expressed as an annual percentage.
7 Day Effective
Similar to the 7-Day Current, except that the effective yield assumes that income earned from the fund's investments is reinvested and generating additional income. It’s expressed as an annual percentage.
7 Day Current Before Reimbursement
The 7-Day Yield Without Reimbursement is the yield without any fee reimbursements applied. This is a voluntary reimbursement and can be discontinued at any time.
7 Day Effective Before Reimbursement
The 7-Day Yield Without Reimbursement is the yield without any fee reimbursements applied. This is a voluntary reimbursement and can be discontinued at any time.
Note: The yield quotation more closely reflects the current earnings of the Thrivent Money Market Fund than the total return quotation.
(for periods ending as of 09/28/2018)
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 09/28/2018)
| Thrivent Money Market Fund* | Lipper U.S. Government Money Market Funds Median 1 | ||
|---|---|---|---|
| 2017 | 0.10% | 0.29% | |
|
2017 Lipper U.S. Government Money Market Funds Median
0.29%
|
|||
| 2016 | 0.00% | 0.01% | |
|
2016 Lipper U.S. Government Money Market Funds Median
0.01%
|
|||
| 2015 | 0.00% | 0.01% | |
|
2015 Lipper U.S. Government Money Market Funds Median
0.01%
|
|||
| 2014 | 0.00% | 0.01% | |
|
2014 Lipper U.S. Government Money Market Funds Median
0.01%
|
|||
| 2013 | 0.00% | 0.01% | |
|
2013 Lipper U.S. Government Money Market Funds Median
0.01%
|
|||
| 2012 | 0.00% | 0.01% | |
|
2012 Lipper U.S. Government Money Market Funds Median
0.01%
|
|||
| 2011 | 0.00% | 0.01% | |
|
2011 Lipper U.S. Government Money Market Funds Median
0.01%
|
|||
| 2010 | 0.00% | 0.01% | |
|
2010 Lipper U.S. Government Money Market Funds Median
0.01%
|
|||
| 2009 | 0.27% | 0.04% | |
|
2009 Lipper U.S. Government Money Market Funds Median
0.04%
|
|||
| 2008 | 2.75% | 1.73% | |
|
2008 Lipper U.S. Government Money Market Funds Median
1.73%
|
|||
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 fees and expenses.
The Advisor has voluntarily agreed to reimburse certain expenses associated with the Fund. This voluntary waiver may be discontinued at any time. If this waiver had not been in effect, performance would have been lower.
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.
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 09/28/2018)
Top 10 Holdings
This is the Fund's top ten holdings by percentage of the total assets. The coupon rate is the yield paid by a fixed income security. The maturity date is when the principal of the security is due and payable to the investor.
This is the Fund's top ten holdings by percentage of the total assets. The coupon rate is the yield paid by a fixed income security. The maturity date is when the principal of the security is due and payable to the investor.
(as of 08/31/2018)
| Security | % of Portfolio | Coupon rate | Maturity date | |
|---|---|---|---|---|
| Federal Home Loan Bank Discount Notes | 3.65% | N/A | 09/07/2018 | |
|
Federal Home Loan Bank Discount Notes Coupon rate
N/A
Federal Home Loan Bank Discount Notes Maturity date
09/07/2018
|
||||
| Federal Home Loan Bank Discount Notes | 2.70% | N/A | 10/10/2018 | |
|
Federal Home Loan Bank Discount Notes Coupon rate
N/A
Federal Home Loan Bank Discount Notes Maturity date
10/10/2018
|
||||
| U.S. Treasury Bills | 2.61% | N/A | 10/18/2018 | |
|
U.S. Treasury Bills Coupon rate
N/A
U.S. Treasury Bills Maturity date
10/18/2018
|
||||
| Federal Farm Credit Banks | 2.32% | 2.05% | 07/12/2019 | |
|
Federal Farm Credit Banks Coupon rate
2.05%
Federal Farm Credit Banks Maturity date
07/12/2019
|
||||
| Federal Home Loan Bank Discount Notes | 2.13% | N/A | 09/13/2018 | |
|
Federal Home Loan Bank Discount Notes Coupon rate
N/A
Federal Home Loan Bank Discount Notes Maturity date
09/13/2018
|
||||
| U.S. Treasury Bills | 2.00% | N/A | 11/29/2018 | |
|
U.S. Treasury Bills Coupon rate
N/A
U.S. Treasury Bills Maturity date
11/29/2018
|
||||
| U.S. Treasury Bills | 1.99% | N/A | 10/25/2018 | |
|
U.S. Treasury Bills Coupon rate
N/A
U.S. Treasury Bills Maturity date
10/25/2018
|
||||
| U.S. Treasury Bills | 1.95% | N/A | 11/15/2018 | |
|
U.S. Treasury Bills Coupon rate
N/A
U.S. Treasury Bills Maturity date
11/15/2018
|
||||
| Overseas Private Investment Corporation | 1.92% | 2.19% | 10/15/2039 | |
|
Overseas Private Investment Corporation Coupon rate
2.19%
Overseas Private Investment Corporation Maturity date
10/15/2039
|
||||
| Federal Home Loan Bank Discount Notes | 1.90% | N/A | 09/10/2018 | |
|
Federal Home Loan Bank Discount Notes Coupon rate
N/A
Federal Home Loan Bank Discount Notes Maturity date
09/10/2018
|
||||
|
Federal Agricultural Mortgage Corporation Coupon rate
2.28%
Federal Agricultural Mortgage Corporation Maturity date
11/30/2018
|
||||
|
U.S. Treasury Bills Coupon rate
N/A
U.S. Treasury Bills Maturity date
09/20/2018
|
||||
|
Overseas Private Investment Corporation Coupon rate
2.20%
Overseas Private Investment Corporation Maturity date
09/15/2022
|
||||
|
Federal Home Loan Bank Discount Notes Coupon rate
N/A
Federal Home Loan Bank Discount Notes Maturity date
09/06/2018
|
||||
|
Overseas Private Investment Corporation Coupon rate
2.20%
Overseas Private Investment Corporation Maturity date
03/15/2030
|
||||
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)
-
US Government Agencies 73.55%
-
US Treasury Debt 26.45%
Portfolio Statistics
Daily Net Flows
The Fund’s daily net flows represent the sum of the Fund’s daily purchases and redemptions for a given business day, including exchanges into or out of the Fund and any reinvestment of dividends, if applicable. Values may vary by share class.
The Fund’s daily net flows represent the sum of the Fund’s daily purchases and redemptions for a given business day, including exchanges into or out of the Fund and any reinvestment of dividends, if applicable. Values may vary by share class.
- Date
- Daily Net Flows
- % Weekly Liquid Assets
- % Daily Liquid Assets
- Market-Based NAV
Related Documents
Schedule of Investments
(as of July 31, 2018)
Proxy Voting
(as of June 30, 2018)
Disclosure Of Portfolio Holdings
10/31/2018 (PDF)
9/28/2018 (PDF)
8/31/2018 (PDF)
7/31/2018 (PDF)
6/29/2018 (PDF)
5/31/2018 (PDF)
4/30/2018 (PDF)
Click here to view every form N-MFP the Fund files with the SEC.
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.
Volatility Measures
(as of 09/28/2018)
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 (without Sales Charge) | ||
|---|---|---|---|
| Thrivent Money Market Fund* | 0.15 | 0.34 | |
|
Thrivent Money Market Fund* Average Annualized Returns (without Sales Charge)
0.34
|
|||
| Standard Deviation | Average Annualized Returns (without Sales Charge) | ||
|---|---|---|---|
| Thrivent Money Market Fund* | 0.13 | 0.20 | |
|
Thrivent Money Market Fund* Average Annualized Returns (without Sales Charge)
0.20
|
|||
| Standard Deviation | Average Annualized Returns (without Sales Charge) | ||
|---|---|---|---|
| Thrivent Money Market Fund* | 0.14 | 0.18 | |
|
Thrivent Money Market Fund* Average Annualized Returns (without Sales Charge)
0.18
|
|||
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.
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.
Yields
7 Day Current
The yield generated by an investment in the fund over a 7-day period ended on the date of the calculation and expressed as an annual percentage.
7 Day Effective
Similar to the 7-Day Current, except that the effective yield assumes that income earned from the fund's investments is reinvested and generating additional income. It’s expressed as an annual percentage.
7 Day Current Before Reimbursement
The 7-Day Yield Without Reimbursement is the yield without any fee reimbursements applied. This is a voluntary reimbursement and can be discontinued at any time.
7 Day Effective Before Reimbursement
The 7-Day Yield Without Reimbursement is the yield without any fee reimbursements applied. This is a voluntary reimbursement and can be discontinued at any time.
Note: The yield quotation more closely reflects the current earnings of the Thrivent Money Market Fund than the total return quotation.
7 Day Current
The yield generated by an investment in the fund over a 7-day period ended on the date of the calculation and expressed as an annual percentage.
7 Day Effective
Similar to the 7-Day Current, except that the effective yield assumes that income earned from the fund's investments is reinvested and generating additional income. It’s expressed as an annual percentage.
7 Day Current Before Reimbursement
The 7-Day Yield Without Reimbursement is the yield without any fee reimbursements applied. This is a voluntary reimbursement and can be discontinued at any time.
7 Day Effective Before Reimbursement
The 7-Day Yield Without Reimbursement is the yield without any fee reimbursements applied. This is a voluntary reimbursement and can be discontinued at any time.
Note: The yield quotation more closely reflects the current earnings of the Thrivent Money Market Fund than the total return quotation.
(for periods ending as of 09/28/2018)
Dividend Distributions & Price History
(as of 09/28/2018)
Trailing 12-Months; Dividend Schedule: Paid Monthly
| Dividends | Month End NAV | Month End POP | ||
|---|---|---|---|---|
| September 2018 | $0.0011 | $1.00 | $1.00 | |
|
September 2018 Month End POP
1.0
|
||||
| $0.0101 (Total) | ||||
| August 2018 | $0.0012 | $1.00 | $1.00 | |
|
August 2018 Month End POP
1.0
|
||||
| $0.0101 (Total) | ||||
| July 2018 | $0.0012 | $1.00 | $1.00 | |
|
July 2018 Month End POP
1.0
|
||||
| $0.0101 (Total) | ||||
| June 2018 | $0.0011 | $1.00 | $1.00 | |
|
June 2018 Month End POP
1.0
|
||||
| $0.0101 (Total) | ||||
| May 2018 | $0.0011 | $1.00 | $1.00 | |
|
May 2018 Month End POP
1.0
|
||||
| $0.0101 (Total) | ||||
| April 2018 | $0.0010 | $1.00 | $1.00 | |
|
April 2018 Month End POP
1.0
|
||||
| $0.0101 (Total) | ||||
| March 2018 | $0.0009 | $1.00 | $1.00 | |
|
March 2018 Month End POP
1.0
|
||||
| $0.0101 (Total) | ||||
| February 2018 | $0.0007 | $1.00 | $1.00 | |
|
February 2018 Month End POP
1.0
|
||||
| $0.0101 (Total) | ||||
| January 2018 | $0.0008 | $1.00 | $1.00 | |
|
January 2018 Month End POP
1.0
|
||||
| $0.0101 (Total) | ||||
| December 2017 | $0.0004 | $1.00 | $1.00 | |
|
December 2017 Month End POP
1.0
|
||||
| $0.0101 (Total) | ||||
| November 2017 | $0.0003 | $1.00 | $1.00 | |
|
November 2017 Month End POP
1.0
|
||||
| $0.0101 (Total) | ||||
| October 2017 | $0.0003 | $1.00 | $1.00 | |
|
October 2017 Month End POP
1.0
|
||||
| $0.0101 (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 09/28/2018)
| Record Date | Short Term Capital Gains | Long Term Capital Gains | Total |
|---|---|---|---|
| - | - | - | - |
|
Record Date
-
Short Term Capital Gains
-
Long Term Capital Gains
-
Total
-
|
|||
Morningstar Information
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 | 0.67% |
| Distribution/12b-1 Fee | None |
| Total Annual Fund Operating Expenses3 | 0.67% |
| Less Waiver4 | (0.10%) |
| Net Annual Fund Operating Expenses | 0.57% |
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 Fee5 | $10 semiannually |
Sales Charge
Max 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.
Max 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.
| Max Front-End Charge6 | None |
| Back-End Charge7 | 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 | $100 |
4 The Advisor has contractually agreed, through at least February 28, 2019, to waive certain fees and/or reimburse certain expenses associated with the Fund. Refer to the expense table in the Fund's Prospectus.
5 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.
6 For more information on how to reduce your Sales Charges.
7 If you invest $1,000,000 or more in Class A Shares and redeem those shares within one year (the "one-year time period"), a deferred back-end sales charge of 1% will apply to the net asset value of those shares, with the net asset value measured at the time of purchase (or sale, if lower).
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.
*You could lose money by investing in the Thrivent Money Market Fund. Although the Thrivent Money Market Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Thrivent Money Market Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Thrivent Money Market Fund's sponsor has no legal obligation to provide financial support to the Thrivent Money Market Fund, and you should not expect that the sponsor will provide financial support to the Thrivent Money Market Fund at any time. These and other risks are described in the Prospectus.
Effective February 1, 2016, Thrivent Money Market Fund changed its principal investment strategies and began operating as a "government money market fund." For more information, please refer to the Prospectus.
Check the background of Thrivent Distributors, LLC on