Investment News - Thrivent Reprint - 4

Past performance is not indicative of future results. Investing in a mutual fund involves risks, including the
possible loss of principal. The prospectus contains more complete information on the investment objectives, risks,
charges and expenses of the fund, which investors should read and consider carefully before investing. Updated
performance information and prospectuses are available at
The views expressed are as of the date given, may change as market or other conditions change, and may differ from views expressed by Thrivent Asset Management
associates. Actual investment decisions made by Thrivent Asset Management will not necessarily reflect the views expressed herein. This information should not be
considered investment advice or a recommendation of any particular security, strategy or product.
About Lipper Fund Awards
The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the
professional investment community. The Thomson Reuters Awards for Excellence recognize the world's top funds, fund management firms, sell-side firms, research
analysts, and investor relations teams. For more than three decades, these awards have honored funds and fund management firms that have excelled in providing
consistently strong risk-adjusted performance relative to their peers. These awards recognize funds and fund management for their consistently strong risk-adjusted three-,
five-, and ten-year performance relative to their peers, based on Lipper's proprietary performance-based methodology. Eight Asset Class Group Awards were awarded to
fund families for their superior firm-wide performance. For more information, please contact or visit
Fund Family Methodology: Overall Group Awards are given to the best large and best small fund families separately. Small fund family groups need to have at least
3 distinct portfolios in each of the equity, bond and mixed-asset class groups to qualify for the Overall Group award. For the 2018 Thomson Reuters Lipper Fund
Awards (based on three-year period ending 11/30/2017), a small fund family is defined as having assets of $75.3 billion or less. For the 2017 Thomson Reuters Lipper
Fund Awards (based on three-year period ending 11/30/2016), a small fund family was defined as having assets of $63.5 billion or less. For the 2016 Award (based on
three-year period ending 11/30/2015) it was defined as assets of $57.7 billion or less. Money Market assets are excluded. The Overall Group award is given to the fund
family with the lowest weighted average decile ranking of its respective asset class results based on the Consistent Return (Effective Return) value of the eligible funds
per asset class. In cases of identical results, the lower average percentile rank will determine the winner. Sales charges are not taken into consideration. Some Thrivent
Mutual Funds may have had fee waivers in effect. If they hadn't been in effect performance would have been lower. See or the Prospectus for
current waiver information.
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The principal underwriter for Thrivent Mutual Funds is Thrivent Distributors, LLC, a registered broker/dealer and member of FINRA. Thrivent Asset Management,
LLC, an SEC-registered investment adviser, serves as the investment adviser for Thrivent Mutual Funds. Both entities are subsidiaries of Thrivent Financial.
About Thrivent Mutual Funds
Thrivent Mutual Funds helps investors prepare for a more secure financial future. They do this in a variety of ways, from the experience of their fund managers to
providing convenient, flexible options to make investing easier. Thrivent Mutual Funds has been offering mutual funds since 1970. Today there are 25 mutual funds,
including a full suite of solution-based products as well as an array of single-strategy offerings, with over $17 billion in assets (as of 12/31/2017). The investment
advisor for the Funds is Thrivent Asset Management, LLC, comprised of over 100 seasoned investment professionals focused on a broad range of investment strategies
designed for all risk tolerances. For more information on Thrivent Mutual Funds, visit

Table of Contents for the Digital Edition of Investment News - Thrivent Reprint

Investment News - Thrivent Reprint - 1
Investment News - Thrivent Reprint - 2
Investment News - Thrivent Reprint - 3
Investment News - Thrivent Reprint - 4