Morningstar Ratings

Thrivent Mutual Fund Name(Morningstar Category)	Overall Morningstar Rating^™	3-Year	5-Year	10-Year
Thrivent Small Cap Stock Fund (Small Blend) # Peer Funds:	575	575	534	353
Overall Morningstar Rating^™ # Peer Funds: 575 3-Year # Peer Funds: 575 5-Year # Peer Funds: 534 10-Year # Peer Funds: 353
Thrivent Mid Cap Stock Fund (Mid-Cap Blend) # Peer Funds:	370	370	329	218
Overall Morningstar Rating^™ # Peer Funds: 370 3-Year # Peer Funds: 370 5-Year # Peer Funds: 329 10-Year # Peer Funds: 218
Thrivent Small Cap Growth Fund² (Small Growth) # Peer Funds:	583	583	N/A	N/A
Overall Morningstar Rating^™ # Peer Funds: 583 3-Year # Peer Funds: 583 5-Year # Peer Funds: N/A 10-Year # Peer Funds: N/A
Thrivent Aggressive Allocation Fund¹ (Allocation--85%+ Equity) # Peer Funds:	176	176	163	118
Overall Morningstar Rating^™ # Peer Funds: 176 3-Year # Peer Funds: 176 5-Year # Peer Funds: 163 10-Year # Peer Funds: 118
Thrivent Balanced Income Plus Fund (Allocation--30% to 50% Equity) # Peer Funds:	427	427	392	285
Overall Morningstar Rating^™ # Peer Funds: 427 3-Year # Peer Funds: 427 5-Year # Peer Funds: 392 10-Year # Peer Funds: 285
Thrivent Diversified Income Plus Fund (Allocation--15% to 30% Equity) # Peer Funds:	131	131	122	85
Overall Morningstar Rating^™ # Peer Funds: 131 3-Year # Peer Funds: 131 5-Year # Peer Funds: 122 10-Year # Peer Funds: 85
Thrivent Large Cap Value Fund (Large Value) # Peer Funds:	1,154	1,154	1,082	785
Overall Morningstar Rating^™ # Peer Funds: 1,154 3-Year # Peer Funds: 1,154 5-Year # Peer Funds: 1,082 10-Year # Peer Funds: 785
Thrivent Income Fund (Corporate Bond) # Peer Funds:	188	188	166	94
Overall Morningstar Rating^™ # Peer Funds: 188 3-Year # Peer Funds: 188 5-Year # Peer Funds: 166 10-Year # Peer Funds: 94
Thrivent Limited Maturity Bond Fund (Short-Term Bond) # Peer Funds:	550	550	487	335
Overall Morningstar Rating^™ # Peer Funds: 550 3-Year # Peer Funds: 550 5-Year # Peer Funds: 487 10-Year # Peer Funds: 335
Thrivent Government Bond Fund¹ (Intermediate Government) # Peer Funds:	226	226	215	178
Overall Morningstar Rating^™ # Peer Funds: 226 3-Year # Peer Funds: 226 5-Year # Peer Funds: 215 10-Year # Peer Funds: 178
Thrivent Large Cap Growth Fund (Large Growth) # Peer Funds:	1,140	1,140	1,052	788
Overall Morningstar Rating^™ # Peer Funds: 1,140 3-Year # Peer Funds: 1,140 5-Year # Peer Funds: 1,052 10-Year # Peer Funds: 788
Thrivent Moderately Aggressive Allocation Fund¹ (Allocation--70% to 85% Equity) # Peer Funds:	308	308	279	222
Overall Morningstar Rating^™ # Peer Funds: 308 3-Year # Peer Funds: 308 5-Year # Peer Funds: 279 10-Year # Peer Funds: 222

All data represents past performance. Past performance does not guarantee future results. The 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. Call 800-847-4836 or click here to see most recent month-end performance or here to see most recent quarter end performance.

The Morningstar Rating^TM 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.

© 2022 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.

Thrivent Balanced Income Plus Fund changed their investment strategies August 16, 2013; 10-year peer group comparisons are less relevant than other time periods.

¹ The Adviser has contractually agreed, for as long as the current fee structure is in place, to waive certain investment advisory fees associated with the Fund. If not waived, returns would have been lower. Refer to the Fees & Expenses table in the prospectus.

² The Adviser has contractually agreed, for a period of one year from the date of the most recent prospectus, to waive certain fees and/or reimburse certain expenses associated with the Fund. If not waived, returns would have been lower. Refer to the Fees & Expenses table in the prospectus.

Thrivent Mutual Fund Name(Morningstar Category)	Overall Morningstar Rating^™	3-Year	5-Year	10-Year
Thrivent Small Cap Stock Fund (Small Blend) # Peer Funds:	575	575	534	353
Overall Morningstar Rating^™ # Peer Funds: 575 3-Year # Peer Funds: 575 5-Year # Peer Funds: 534 10-Year # Peer Funds: 353
Thrivent Mid Cap Stock Fund (Mid-Cap Blend) # Peer Funds:	370	370	329	218
Overall Morningstar Rating^™ # Peer Funds: 370 3-Year # Peer Funds: 370 5-Year # Peer Funds: 329 10-Year # Peer Funds: 218
Thrivent Aggressive Allocation Fund¹ (Allocation--85%+ Equity) # Peer Funds:	176	176	163	118
Overall Morningstar Rating^™ # Peer Funds: 176 3-Year # Peer Funds: 176 5-Year # Peer Funds: 163 10-Year # Peer Funds: 118
Thrivent Government Bond Fund² (Intermediate Government) # Peer Funds:	226	226	215	178
Overall Morningstar Rating^™ # Peer Funds: 226 3-Year # Peer Funds: 226 5-Year # Peer Funds: 215 10-Year # Peer Funds: 178
Thrivent Balanced Income Plus Fund (Allocation--30% to 50% Equity) # Peer Funds:	427	427	392	285
Overall Morningstar Rating^™ # Peer Funds: 427 3-Year # Peer Funds: 427 5-Year # Peer Funds: 392 10-Year # Peer Funds: 285
Thrivent Income Fund (Corporate Bond) # Peer Funds:	188	188	166	94
Overall Morningstar Rating^™ # Peer Funds: 188 3-Year # Peer Funds: 188 5-Year # Peer Funds: 166 10-Year # Peer Funds: 94
Thrivent Large Cap Value Fund (Large Value) # Peer Funds:	1,154	1,154	1,082	785
Overall Morningstar Rating^™ # Peer Funds: 1,154 3-Year # Peer Funds: 1,154 5-Year # Peer Funds: 1,082 10-Year # Peer Funds: 785
Thrivent Diversified Income Plus Fund (Allocation--15% to 30% Equity) # Peer Funds:	131	131	122	85
Overall Morningstar Rating^™ # Peer Funds: 131 3-Year # Peer Funds: 131 5-Year # Peer Funds: 122 10-Year # Peer Funds: 85

All data represents past performance. Past performance does not guarantee future results. The 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. Call 800-847-4836 or click here to see most recent month-end performance or here to see most recent quarter end performance.

The Morningstar Rating^TM 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.

© 2022 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.

Thrivent Balanced Income Plus Fund changed their investment strategies August 16, 2013; 10-year peer group comparisons are less relevant than other time periods.

¹ The Adviser has contractually agreed, for as long as the current fee structure is in place, to waive certain investment advisory fees associated with the Fund. If not waived, returns would have been lower. Refer to the Fees & Expenses table in the prospectus.

² The Adviser has contractually agreed, for a period of one year from the date of the most recent prospectus, to waive certain fees and/or reimburse certain expenses associated with the Fund. If not waived, returns would have been lower. Refer to the Fees & Expenses table in the prospectus.

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Thrivent Mutual Funds Has Star Power

Thrivent Balanced Income Plus Fund changed their investment strategies August 16, 2013; 10-year peer group comparisons are less relevant than other time periods.

¹ The Adviser has contractually agreed, for as long as the current fee structure is in place, to waive certain investment advisory fees associated with the Fund. If not waived, returns would have been lower. Refer to the Fees & Expenses table in the prospectus.

² The Adviser has contractually agreed, for a period of one year from the date of the most recent prospectus, to waive certain fees and/or reimburse certain expenses associated with the Fund. If not waived, returns would have been lower. Refer to the Fees & Expenses table in the prospectus.

Thrivent Balanced Income Plus Fund changed their investment strategies August 16, 2013; 10-year peer group comparisons are less relevant than other time periods.

¹ The Adviser has contractually agreed, for as long as the current fee structure is in place, to waive certain investment advisory fees associated with the Fund. If not waived, returns would have been lower. Refer to the Fees & Expenses table in the prospectus.

² The Adviser has contractually agreed, for a period of one year from the date of the most recent prospectus, to waive certain fees and/or reimburse certain expenses associated with the Fund. If not waived, returns would have been lower. Refer to the Fees & Expenses table in the prospectus.

How to buy mutual funds from Thrivent

Buy online through Thrivent Funds

Buy through a financial professional

Buy through an investment account

Not quite ready?

Need more help?

Thrivent Mutual Funds Has Star Power

Thrivent Balanced Income Plus Fund changed their investment strategies August 16, 2013; 10-year peer group comparisons are less relevant than other time periods.

1 The Adviser has contractually agreed, for as long as the current fee structure is in place, to waive certain investment advisory fees associated with the Fund. If not waived, returns would have been lower. Refer to the Fees & Expenses table in the prospectus.

2 The Adviser has contractually agreed, for a period of one year from the date of the most recent prospectus, to waive certain fees and/or reimburse certain expenses associated with the Fund. If not waived, returns would have been lower. Refer to the Fees & Expenses table in the prospectus.

Thrivent Balanced Income Plus Fund changed their investment strategies August 16, 2013; 10-year peer group comparisons are less relevant than other time periods.

1 The Adviser has contractually agreed, for as long as the current fee structure is in place, to waive certain investment advisory fees associated with the Fund. If not waived, returns would have been lower. Refer to the Fees & Expenses table in the prospectus.

2 The Adviser has contractually agreed, for a period of one year from the date of the most recent prospectus, to waive certain fees and/or reimburse certain expenses associated with the Fund. If not waived, returns would have been lower. Refer to the Fees & Expenses table in the prospectus.

¹ The Adviser has contractually agreed, for as long as the current fee structure is in place, to waive certain investment advisory fees associated with the Fund. If not waived, returns would have been lower. Refer to the Fees & Expenses table in the prospectus.

² The Adviser has contractually agreed, for a period of one year from the date of the most recent prospectus, to waive certain fees and/or reimburse certain expenses associated with the Fund. If not waived, returns would have been lower. Refer to the Fees & Expenses table in the prospectus.

¹ The Adviser has contractually agreed, for as long as the current fee structure is in place, to waive certain investment advisory fees associated with the Fund. If not waived, returns would have been lower. Refer to the Fees & Expenses table in the prospectus.

² The Adviser has contractually agreed, for a period of one year from the date of the most recent prospectus, to waive certain fees and/or reimburse certain expenses associated with the Fund. If not waived, returns would have been lower. Refer to the Fees & Expenses table in the prospectus.