Three ways to buy Thrivent funds

We’re here to help you invest with confidence.


Thrivent Account

You can purchase mutual funds right on our site with an online account.

Buy with a Thrivent account

  • Set up an account starting with as little as $50 per month.1
  • Access your online account at your convenience.
  • Purchase funds without transaction fees or sales charges.


Financial Professional

For guidance when investing, ask a financial professional about buying Thrivent mutual funds & ETFs.

Buy 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.


Brokerage Account

If you already have a brokerage account, our mutual funds & ETFs can be purchased through online brokerage platforms by searching for Thrivent Mutual Funds and ETFs.

Buy with 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.

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


Need more help?

If you need assistance, we’re here to help. Reach out to us via the phone, email, and support page information below.


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. For example:

 - 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.

1 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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Dividends & distributions tax FAQs

When will I receive my IRS Form 1099-DIV?
Form 1099-DIV will generally mail by January 31. You can access it online through your account.

Note: It is common for funds that invest in Real Estate Investment Trust (REIT) to mail later than January 31. The following funds will mail 1099-B and 1099-DIV tax forms mid- to late February:

  • Thrivent Diversified Income Plus Fund
  • Thrivent Multidimensional Income Fund

Since the above funds invest in REITs, the classification of the distributions made by the REIT holding is not available to the Fund in time to provide the 1099 form by January 31. If the REIT fund receives a reallocation which is due to the classification of the distribution made by the REIT holding, this adjustment is passed on to the shareholder. The 1099-DIV form for these funds may reflect reallocated dividends and capital gains and you may notice the dividend and capital gain amounts reported on the 1099-DIV do not match the dividend and capital gain amounts shown on your year-end statement for these funds. You should use the information provided on the 1099-DIV not the year-end statement.

Why did I receive a Form 1099-DIV?
Federal regulations require companies to report all dividend and capital gain distributions greater than $10 to shareholders and to the IRS on Form 1099-DIV, regardless of when the shareholder reinvested or received dividends in cash. These distributions are taxable in the year received.

Why didn't I receive a Form 1099-DIV?
See information above if you own Thrivent Diversified Income Plus Fund or Thrivent Multidimensional Income Fund.

Shareholders with dividends and short-term capital gain distributions under $10 will not receive a Form 1099-DIV. The IRS does not require 1099 Forms in cases where the interest, dividends or short-term capital gain distributions are under $10. However, the IRS does require individuals to report these amounts under $10 on their tax returns. Shareholders can check their year-end statements to verify the total amount of dividends and capital gains for an account. If you don't know whether to include this amount, please consult your tax advisor.

What is a dividend distribution?
A dividend distribution is income from dividends and interest earned by a mutual fund's holdings. Dividends that a fund earns must be paid to shareholders at least once per year.

What are qualified dividends?
Per the IRS, qualified dividends are ordinary dividends meeting specific criteria so they can be taxed at a lower long-term capital gains tax rate.

When are dividends and capital gains paid?
Thrivent Mutual Funds distribution policy is as follows: money market and most bond funds generally declare income dividends daily and distribute them monthly. Income dividends are often paid quarterly for balanced funds (stocks, bonds, and cash). Capital gains (if required) for equity and bond funds are generally paid after fiscal year-end and before calendar year-end. Thrivent Mutual Funds typically distributes capital gains in December.

How do I determine if I will receive a dividend or capital gain distribution and when I will receive it?
The fund's prospectus indicates the dividend schedule followed. Thrivent Mutual Funds generally distributes capital gain distributions annually in December. The timing of a distribution and the determination of which shareholder is eligible to receive it is based upon the record date. The date the distribution is paid is the ex-dividend date.

  • Record Date: All shareholders who own shares as of the end of this day are eligible to receive the distribution. This date is usually the business day prior to the ex-dividend date.
  • Ex-dividend Date/Payable Date: The date on which the distribution amount per share is deducted from the fund's net asset value per share. The fund pays shareholders their share of the distribution on this date.
Why was federal income tax withheld from my dividends and capital gains?
The IRS requires mutual fund companies to withhold federal income tax at a rate of 24% for one of two reasons:
  • We do not have a certified Social Security number on file for your account.
  • The IRS has instructed us to withhold on your account.

This withholding has been forwarded to the IRS on your behalf as a prepayment of your income taxes. Therefore, we cannot refund to you amounts withheld. Report the amount of tax withheld on your IRS Form 1040.

Which federal tax rates apply to dividends and capital gains?
Nonqualified dividends and short-term capital gains are subject to ordinary income tax rates. Qualified dividends and long-term capital gains are subject to the applicable capital gain rate, depending on your income tax bracket.

Is a return of capital (nontaxable distribution) reported on my IRS Form 1040?
Return of capital distributions are generally not taxed unless the return of capital amount exceeds the cost basis of the mutual fund shares you own. The return of capital distribution reduces your cost basis for the mutual fund shares. If cost basis is available for your account, the applicable adjustments are made for return of capital distributions.

Why are some of the dividends from the Thrivent Municipal Bond Fund and Thrivent High Income Municipal Bond Fund subject to the AMT?
The portion of earnings subject to the Alternative Minimum Tax (AMT) calculation for each fund comes from the Fund’s investment in private activity municipal bonds. See the following percentage of federal tax-exempt dividends that are subject to the AMT.

How are the dividends earned on the Thrivent Municipal Bond Fund and Thrivent High Income Municipal Bond Fund taxed at the state level?
For the most part, all the distributions you received from the Thrivent Municipal Bond Fund and the Thrivent High Income Municipal Bond Fund are taxable at the state level. However, some states do not tax their residents on interest attributed to municipal securities issued by that state. See the State Tax Information for Federal Tax-Exempt Dividends page for more information.

Why aren’t all of the dividends from the Thrivent Municipal Bond Fund and Thrivent High Income Municipal Bond Fund exempt from federal income tax?
Most of the dividends paid by the Thrivent Municipal Bond Fund and the Thrivent High Income Municipal Bond Fund are exempt from federal income tax because the Funds primarily invest in municipal bonds that are tax-exempt. However, a small portion of the dividends paid by the Funds are considered taxable income because some bonds were purchased at a discount to the market. This discount results when the purchase price is lower than the issue price of the bond. The difference is accrued as taxable income for the bond’s life and is not tax-exempt. Capital gain distributions, if paid by the Funds, are also taxable at the federal level.

What is a capital gain distribution?
A capital gain is a profit that a mutual fund realizes by selling securities for a price higher than at which they were purchased. Capital gains must also be paid to shareholders at least once per year. When distributed to shareholders, any realized gains are offset by any realized losses resulting in a distribution of the net capital gain. Unrealized gains on investments that have increased in value but have not been sold by the fund are not required to be distributed. The daily NAV includes unrealized gains.

Capital gain distributions paid by a mutual fund are taxable and reported on IRS Form 1099-DIV. Form 1099-DIV is not applicable to IRAs and other tax-deferred accounts.

What is the difference between long and short-term capital gains?
Short-term capital gains are from the sale of assets the fund held one year or less and are taxable as ordinary income. Long-term capital gains are from the sale of assets the fund held more than one year and generally qualify for lower tax rates.

How will capital gains and dividend distributions affect my taxes?
Mutual fund capital gain and dividend distributions are taxable, both when reinvested and paid out in cash, for the year in which they are received; except when earned on qualified retirement accounts (i.e., 401(k), 403(b), IRA). If dividend and capital gain distributions are taken in cash on a qualified account, this is considered a distribution from the account and may be taxable.

Dividend distributions are taxed at the ordinary income tax rates unless the dividends are qualified. Qualified dividends are dividends that the mutual fund has received from certain domestic and foreign corporations. Qualified dividends are taxed at the same rates as long-term capital gains.

Long-term (held more than one year) capital gains distributions are taxed at long-term capital gains tax rates; distributions of short-term (held one year or less) capital gains are taxed at the same rates as ordinary income.

How will I receive the tax information regarding capital gain distribution?
Thrivent Mutual Funds provides estimated capital gain information with the third quarter statements each year. The information is also available online and will be updated monthly until the distributions are made. The estimated capital gain information is subject to change based upon fund activity.

Your fourth quarter statement will include the amounts of any capital gain distributions made for the fund. This information will also be available online. Capital gain distributions are reported on Form 1099-DIV.  For tax purposes, you will need to use Form 1099-DIV to obtain the proper allocation of dividend and capital gain information.

Should I wait to buy a fund until after the dividend or capital gain distributions are made?
If you are considering purchasing a mutual fund within a qualified retirement account, a dividend or capital gain distribution should not affect the timing of your investment decision since typically they do not have any tax consequences while the assets remain in the account.

For new investments within a taxable account, upcoming distributions raise some considerations. The distributions will result in taxable income and should be considered in the timing of your overall investment decision.

There is usually no taxable benefit to purchasing the shares immediately before the distribution (sometimes referred to as "buying the distribution") since the share price will be adjusted by the same amount as the distribution. You should also keep in mind the amount of the distribution based on the size of your expected investment.

While important, tax consequences should be only one of many factors considered when deciding to purchase a mutual fund.

Is the fund's share price affected when a dividend or capital gain distribution is paid?
On the distribution date, the fund net asset value (NAV) is reduced by the amount of the distribution. (The fund NAV also reflects any changes in security valuations on the day the distribution is paid.)

Does a fund's dividend or capital gain distribution affect its total return?
Total return includes distributions (capital gains and dividends) as well as capital appreciation (rise or fall in NAV).  Positive dividend and capital gain distributions will have a positive effect on the total return.  An investor’s total return will also vary depending on whether the distributions are reinvested or kept as cash.

The information provided is not intended as a source for tax, legal or accounting advice. Please consult with a legal and/or tax professional for specific information regarding your individual situation.