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How to buy mutual funds & ETFs from Thrivent

We’re delighted you’re considering our funds. No matter how you buy, we’re here to help you invest with confidence.

Buy mutual funds online through Thrivent Funds

To buy mutual 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 funds through your financial professional

Need more guidance? Interested in an ETF? Ask your financial professional about Thrivent Mutual Funds and ETFs.

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 your brokerage account

Our mutual funds & ETFs can be purchased through online brokerage platforms. Search for Thrivent Mutual Funds and ETFs when making your selections.

Why buy through 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.

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


Need more help?
  • For mutual funds help, call us at 800-847-4836, or email
  • For ETFs, contact your financial professional or brokerage firm.
  • For additional help visit our support page.


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. Expand for more info.
  • 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.

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

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

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

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Thrivent Diversified Income Plus Fund —
Class A
Thrivent Diversified Income Plus Fund
Morningstar Rating
Allocation--15% to 30% Equity
Overall among 126 funds as of
Morningstar ratings are calculated based on risk-adjusted return.
Risk profile
Conservative Aggressive
Target allocation
20% Equity
80% Fixed Income
Inception date
As of
Public offering price
Net asset value
Daily NAV change
As of N/A
YTD return with sales charge
1-year return with sales charge
As of 12/30/2022
Net annual fund operating expenses
As of
Max sales charge
As of

Thrivent Diversified Income Plus Fund seeks to maximize income while maintaining prospects for capital appreciation.

This fund looks to provide a steady and dependable income stream along with modest capital appreciation. It invests in higher-yielding, higher-risk, fixed income securities to generate income, and in equities to provide potential growth and income. Investments are diversified across sectors in order to manage risk and potentially provide more stability when interest rates rise. The Fund is actively managed and invests in a combination of other funds managed by the Adviser and direct investments in equity and debt instruments.

The fund may be suitable for investors who:

  • Seek a high level of income and the opportunity for long-term growth
  • Have a medium to long-term investment time horizon and a moderately conservative risk tolerance
  • Are willing to accept lower long-term returns in order to have a low to moderate level of risk and volatility
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.

  • Stephen D. Lowe, CFA
    Stephen D. Lowe, CFA
    Chief Investment Strategist
    Managing this fund since 2015

    Mr. Lowe joined Thrivent in 1997. He is the Chief Investment Strategist and has served as the portfolio manager of various Thrivent mutual funds since 2009. He has also been a senior portfolio manager of the high yield portion of Thrivent's general account since 2005. Read more.

  • Theron G. Whitehorn, CFA
    Theron G. Whitehorn, CFA
    Senior Portfolio Manager
    Managing this fund since 2021

    Mr. Whitehorn joined Thrivent in 2018 serving as Director of Fixed Income Quantitative Research. Read more.

  • David Spangler, CFA
    David Spangler, CFA
    Head of Mixed Assets and Market Strategies
    Managing this fund since 2022

    Mr. Spangler joined Thrivent in 2002 serving as Director of Thrivent’s Investment Product Management group. Read more.


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 12/30/2022
0.96% Total annual fund operating expenses

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

See data by:


as of 12/30/2022
12 Month Distribution
30 Day SEC
Monthly Distribution

Growth of 10K

as of 12/30/2022
Total market value
Current value of reinvested dividends and capital gains

Calendar year performance

as of 12/30/2022


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 12/30/2022
Total number of holdings
Turnover ratio (as of 11/30/2022)

Top 10 Holdings

as of 11/30/2022
of all holdings
Security name % of total assets Maturity Coupon rate
Thrivent Core Emerging Markets Debt Fund 8.26%
Thrivent Core International Equity Fund 2.19%
Federal National Mortgage Association Conventional 30-Yr. Pass Through 1.51% 12/01/2052 4.50%
Federal National Mortgage Association Conventional 30-Yr. Pass Through 1.31% 08/01/2051 2.00%
Federal National Mortgage Association Conventional 30-Yr. Pass Through 1.29% 12/01/2052 5.50%
Federal Home Loan Mortgage Corporation Conventional 30-Yr. Pass Through 1.23% 06/01/2052 3.50%
Federal National Mortgage Association Conventional 30-Yr. Pass Through 1.09% 12/01/2052 5.00%
Federal National Mortgage Association Conventional 30-Yr. Pass Through 1.00% 03/01/2052 3.00%
Federal National Mortgage Association Conventional 30-Yr. Pass Through 0.96% 01/01/2052 3.00%
Federal National Mortgage Association Conventional 30-Yr. Pass Through 0.92% 03/01/2051 2.00%

Fund Diversification

as of 12/30/2022
  • Large Cap Equity
  • Mid Cap Equity
  • Small Cap Equity
  • International Equity
  • High Yield Bonds
  • Leveraged Loans
  • Investment-Grade Corporates
  • Securitized Debt
  • U.S. Government Bonds
  • International Government Bonds
  • Flexible Income
  • Cash

Equity characteristics

as of 12/30/2022
of all holdings
P/E Ratio Return on Equity
Thrivent Diversified Income Plus Fund 16.31 22.60%
S&P 500® Index 19.12 27.80%

Fixed Income characteristics

as of 12/30/2022
of fund
Duration Average Life
Thrivent Diversified Income Plus Fund 5.02 8.00
Bloomberg U.S. Aggregate Bond Index 6.15 8.61

Credit quality rating distribution

as of 12/30/2022
Bond type
% of total
  • High Quality (HQ) Bonds
  • Cash
  • U.S. Government Guaranteed
  • AAA
  • AA
  • A
  • BBB
Bond type
% of total
  • High Yield (HY) Bonds
  • BB
  • B
  • CCC
  • CC
  • C
  • D
  • Non-Rated (NR) Bonds
  • May be HQ/HY/NR Bonds
  • ETFs/Closed-End Funds



as of 12/31/2022
Category: Allocation--15% to 30% Equity
Morningstar Information
Check out our funds that received 4- or 5-Star Overall Morningstar RatingTM
Funds in category
Risk vs. category
Return vs. category
Above Average
Fixed income style box
Equity Style Map
Weighted average of holdings
75% of fund's stock holdings


as of 12/30/2022
Dividends Month End Nav Month End Pop
January 2022 $0.0120 $7.51 $7.86
February 2022 $0.0133 $7.38 $7.73
March 2022 $0.0145 $7.31 $7.65
April 2022 $0.0148 $7.01 $7.34
May 2022 $0.0161 $7.00 $7.33
June 2022 $0.0159 $6.67 $6.98
July 2022 $0.0165 $6.94 $7.27
August 2022 $0.0191 $6.77 $7.09
September 2022 $0.0186 $6.38 $6.68
October 2022 $0.0191 $6.43 $6.73
November 2022 $0.0194 $6.65 $6.96
December 2022 $0.0232 $6.53 $6.84

Trailing 12-Months; Dividend Schedule: Paid Monthly

Capital gain distribution amounts may change due to reclassifications relating to the fund’s holdings in REIT investments. See Corporate Actions Impacting Cost Basis for information about previous return of capital distributions.

Capital gains - trailing 12 months

as of 12/30/2022
Record date Short term capital gains Long term capital gains Total
12/30/2021 $0.0864 $0.2406 $0.3270

Expenses, fees, and charges

Management Fees and Other Expenses 0.71%
Total Annual Fund Operating Expenses 0.96%
Redemption Fee None
Transaction Fee None
Low Balance Fee $10 semiannually
Front-End Sales Charge Max 4.50%
Back-End Sales Charge None

Minimum investment

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


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

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


The Fund has a long-term target allocation of 80% fixed income and 20% equity securities. The portfolio management team actively manages the Fund with overweight and underweight positions in various sectors based on their views of the market and economy. Individual stocks and bonds are analyzed and chosen on an ongoing basis. The Fund is regularly rebalanced to ensure that the holdings are within appropriate ranges.


Debt securities are subject to risks such as declining prices during periods of rising interest rates and credit risk, or the risk that an issuer may not pay its debt. The Fund’s value is influenced by a number of factors, including the performance of the broader market, the effectiveness of the Adviser’s allocation strategy, and risks specific to the Fund’s asset classes, investment styles, and issuers. Leveraged loans, preferred securities, sovereign debt, and mortgage-related and other asset-backed securities are subject to additional risks. High yield securities are subject to increased credit risk as well as liquidity risk. The London Interbank Offered Rate (LIBOR) is being phased out, which brings uncertainty to instruments tied to it. When interest rates fall, certain obligations will be paid off more quickly and proceeds may have to be invested in securities with lower yields. Foreign investments involve additional risks, such as currency fluctuations and political, economic and market instability, which may be magnified for investments in emerging markets. Markets may also be impacted by domestic or global events, including public health threats, terrorism, natural disasters or similar events. The Fund invests in a combination of other funds managed by the Adviser and direct investments in equity and debt instruments therefore the Fund is dependent upon the performance of the other funds and is subject to the risks, additional fees and expenses of the other funds. The Adviser’s assessment of investments and ESG considerations may prove incorrect, resulting in losses or poor performance. The Adviser is also subject to actual or potential conflicts of interest. When bond inventories are low in relation to the market size, there is the potential for decreased liquidity and increased price volatility. The use of quantitative investing techniques and derivatives such as futures also involve risks. The Fund may engage in active and frequent trading of portfolio securities, which may result in higher transaction costs and higher taxes. These and other risks are described in the prospectus.

Individual Investors

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