How to buy mutual funds from Thrivent

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

Buy online through Thrivent Funds

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

Why buy online?

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


Buy through a financial professional

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

Why work with a financial professional?

  • Receive investment help from an experienced professional.
  • Build a relationship through in-person meetings.
  • Get help planning for life’s goals such as saving and retirement.

Additional fees may apply, when working with a financial professional.


Buy through an investment account

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

Why buy through a brokerage account?

  • Add Thrivent Mutual Funds to investments within your existing portfolio.
  • Take advantage of your account to keep your investments in one place.

Additional fees may apply.


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

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Thrivent Opportunity Income Plus Fund —
Class A
Thrivent Opportunity Income Plus Fund
Risk profile
Conservative Aggressive

Morningstar Fixed Income Style Box

Interest Rate Sensitivity:
Credit Quality:
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 05/31/2022
Net annual fund operating expenses
As of
Max sales charge
As of

Thrivent Opportunity Income Plus Fund seeks a high level of current income, consistent with capital preservation.

This fund generates income by investing predominantly in a diversified mix of high-income fixed income securities. It invests primarily in higher-yielding, higher-risk, fixed income securities to generate income, while the equity holdings are generally opportunistic investments. 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 are able to withstand the volatility of high yielding bonds in pursuit of high current income
  • Have a medium to long-term time horizon and a moderately conservative risk tolerance
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 2018

    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.

  • Kent L. White, CFA
    Kent L. White, CFA
    VP, Fixed Income Mutual Funds
    Managing this fund since 2015

    Mr. White is currently a Senior Portfolio Manager at Thrivent and was previously the Director of Investment Grade Research. He has been with the firm since 1999. 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.


Performance data cited represents past performance and should not be viewed as an indication of future results. Investment return and principal value of the investment will fluctuate so that an investor's shares, when redeemed may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted.

Average Annualized Returns

as of 05/31/2022
0.89% 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 05/31/2022
12 Month Distribution
30 Day SEC
Monthly Distribution

Growth of 10K

as of 05/31/2022
Total market value
Current value of reinvested dividends and capital gains

Calendar year performance

as of 05/31/2022


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

Top 10 Holdings

as of 04/29/2022
of all holdings
Security name % of total assets Maturity Coupon rate
Thrivent Core Emerging Markets Debt Fund 11.88%
Federal National Mortgage Association Conventional 30-Yr. Pass Through 2.55% 05/01/2052 2.50%
Federal National Mortgage Association Conventional 30-Yr. Pass Through 2.32% 05/01/2052 3.00%
Federal National Mortgage Association Conventional 30-Yr. Pass Through 2.00% 05/01/2052 3.50%
Federal National Mortgage Association Conventional 30-Yr. Pass Through 1.67% 05/01/2052 2.00%
Federal National Mortgage Association Conventional 15-Yr. Pass Through 1.40% 05/01/2037 2.00%
Federal National Mortgage Association Conventional 15-Yr. Pass Through 1.24% 05/01/2037 2.50%
Global Medical Response, Inc., Term Loan 0.61% 10/02/2025
Federal National Mortgage Association Conventional 30-Yr. Pass Through 0.47% 03/01/2051 2.00%
AAdvantage Loyalty IP, Ltd., Term Loan 0.44% 04/20/2028

Fund Diversification

as of 03/31/2022
  • High Yield Bonds
  • Leveraged Loans
  • Investment-Grade Corporates
  • Securitized Debt
  • International Government Bonds
  • Flexible Income
  • Cash

Fixed Income characteristics

as of 05/31/2022
of fund
Duration Average Life
Thrivent Opportunity Income Plus Fund 3.57 7.13
Bloomberg U.S. Aggregate Bond Index 6.41 8.68

Credit quality rating distribution

as of 05/31/2022
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 05/31/2022
Category: Multisector Bond
Morningstar Information
Funds in category
Risk vs. category
Below Average
Return vs. category
Below Average

Morningstar ratings are calculated based on risk-adjusted return.

Fixed income style box


as of 05/31/2022
Dividends Month End Nav Month End Pop
June 2021 $0.0249 $10.20 $10.68
July 2021 $0.0225 $10.22 $10.70
August 2021 $0.0239 $10.23 $10.71
September 2021 $0.0227 $10.15 $10.63
October 2021 $0.0218 $10.13 $10.61
November 2021 $0.0241 $10.04 $10.51
December 2021 $0.0255 $10.11 $10.59
January 2022 $0.0245 $9.90 $10.37
February 2022 $0.0239 $9.73 $10.19
March 2022 $0.0272 $9.62 $10.07
April 2022 $0.0265 $9.31 $9.75
May 2022 $0.0287 $9.25 $9.69

Trailing 12-Months; Dividend Schedule: Declared Daily, Paid Monthly

Capital gains - trailing 12 months

as of 05/31/2022
Record date Short term capital gains Long term capital gains Total
- - - -

Expenses, fees, and charges

Management Fees and Other Expenses 0.64%
Distribution/12b-1 Fee 0.25%
Total Annual Fund Operating Expenses 0.89%
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 primarily invests in a broad range of debt securities. The portfolio management team actively manages the Fund with overweight and underweight positions in the various sectors based on their views of the market and economy. Fixed income securities and equity holdings are analyzed and selected on an ongoing basis. The Fund is regularly rebalanced to ensure that the holdings are within appropriate ranges. Prior to August 16, 2013, the Fund was named Thrivent Core Bond Fund. It invested primarily in investment-grade corporate bonds, government bonds, asset-backed securities, and mortgage-backed securities. On August 16, 2013, the Fund adopted its current name and investment strategy, which includes the ability to invest in a diversified mix of higher-yielding fixed-income securities.


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. Leveraged loans, sovereign debt, mortgage-related and other asset-backed securities are subject to additional risks. 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 lower-yielding securities with lower yields. High yield securities are subject to increased credit risk as well as liquidity risk. 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. 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 in 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 derivatives such as futures involves additional risks. The Fund may engage in active and frequent trading of securities, which may result in higher transaction costs and taxes. In unusual circumstances, the Fund could experience a loss when selling portfolio securities to meet redemption requests for a variety of reasons. These and other risks are described in the prospectus.