• Entertainment
  • Finance
  • Marketing
  • Real Estate
  • Technology
  • Social
National Journal Community Of e-Experts
Finance 0

3 Strong Buy Thrivent Mutual Funds For Best Returns

By Kurt Osterberg · On April 12, 2018

Being part of Thrivent Financial, Thrivent Mutual Funds had $136 billion worth of assets under management as of Dec 31, 2017. It has invested in 23 mutual funds across a wide range of categories including equity, income plus, asset allocation and fixed income funds. Also, it serves more than two million customers and has at least 100 investment professionals. Thrivent Mutual Funds aims to offer simple and smart investing and has a strong competitive record. This lesser-known fund family also won the 2015 Lipper Award in the Best Overall Small Fund Family and Best Mixed-Assets Small Fund Family categories.

Below we share with you three top-ranked Thrivent mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. 

Thrivent Income A (LUBIX – Free Report) seeks a high level of income and growth of capital for the long run. LUBIX invests more than 65% of its assets in investment-grade preferred stocks and debt securities. The fund invests generally in asset-backed securities, corporate bonds, mortgage-backed securities and government bonds. Thrivent Income A has returned 2.1% in the last three years.

As of January 2018, LUBIX held 613 issues with 2.57% of its assets invested in United States Treasury Bonds 2.75% PIDI BDS 15/11/2047 USD (BONDS 11/47).

Thrivent High Yield A (LBHYX – Free Report) invests the majority of its assets in high-risk, high-yield bonds and other debt securities. LBHYX seeks growth of capital and income. The fund invests mainly in “junk bonds.” Thrivent High Yield A has three-year annualized returns of 3.9%.

LBHYX has an expense ratio of 0.80% compared with the category average of 1.04%.

Thrivent Aggressive Allocation Fund Class S (TAAIX – Free Report) seeks appreciation of capital for the long run. TAAIX invests at least three-fourths of its assets in equity securities, and up to one-fourth of its assets in debt securities. Thrivent Aggressive Allocation Fund Class S has three-year annualized returns of 8.9%.

Print Friendly, PDF & Email

Share Tweet

Kurt Osterberg

You Might Also Like

  • Finance

    Returning to the Office Like It’s 2019?

  • Finance

    You Can’t Take the Thinking Out of Knowledge Work

  • Finance

    Avoid a Business Disaster and Ruin: Steps to Protect Your Brand

No Comments

Leave a reply Cancel reply

Top Finance

  • Chart: Amazon’s Dominance In Ecommerce Chart: Amazon’s Dominance In Ecommerce
  • Hedge Funds In The US Hedge Funds In The US
  • 3 Best Large-Cap Blend Mutual Funds For Enticing Returns 3 Best Large-Cap Blend Mutual Funds For Enticing Returns
  • Kanban vs Scrum: Understanding the Tools for Agile Success Kanban vs Scrum: Understanding the Tools for Agile Success
  • 5 Ridiculously Useful Non-Monetary Reward Examples that Improve Employee Engagement 5 Ridiculously Useful Non-Monetary Reward Examples that Improve Employee Engagement

New Posts

  • Returning to the Office Like It’s 2019?

    Returning to the Office Like It’s 2019?

    April 19, 2021
  • You Can’t Take the Thinking Out of Knowledge Work

    You Can’t Take the Thinking Out of Knowledge Work

    April 19, 2021
  • Avoid a Business Disaster and Ruin: Steps to Protect Your Brand

    Avoid a Business Disaster and Ruin: Steps to Protect Your Brand

    April 19, 2021
  • 5 Ways the Pandemic Has Changed the Workplace Forever

    5 Ways the Pandemic Has Changed the Workplace Forever

    April 18, 2021
  • How to Organize a Virtual Summit for Your Company from Scratch

    How to Organize a Virtual Summit for Your Company from Scratch

    April 17, 2021
  • About
  • Contact Us
  • Privacy & Policy
  • Sitemap
  • Terms of use

Copyright © 2018-2021 NJCEE. All Rights Reserved.