Morningstar - Winter 2019 - Cover3

A name on the rise.
If you don't recognize the name Thrivent Mutual Funds, surely you
recognize the name Morningstar.

Recognized. Even if we're new to you.
Thrivent Income Plus and Fixed Income Funds with a 4-star Overall Morningstar RatingTM (as of September 30, 2019)
Thrivent Balanced Income
Plus Fund (IBBFX)

Thrivent Diversified Income
Plus Fund (THYFX)

Thrivent Limited Maturity
Bond Fund (THLIX)

Thrivent Income Fund
(LBIIX)

Out of 497 Allocation 30% to
50% Equity funds

Out of 488 Short-term
Bond funds

Out of 171 Corporate
Bond funds

800-521-5308 | sales@ThriventFunds.com | ThriventFunds.com

Past performance is no guarantee of future results. Investing in a mutual fund involves risk, including the possible loss
of principal. The prospectus and summary prospectus contain more complete information on the investment objectives,
risks, charges and expenses of the fund, and other information, which investors should read and consider carefully
before investing. Prospectuses are available at ThriventFunds.com or by calling 800-521-5308.
The Morningstar Rating™ 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.
© 2019 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.
Ratings may differ among share classes of a mutual fund as a result of different expense structures; however, the ratings do not
consider sales loads.
Thrivent Balanced Income Plus Fund changed its investment strategies August 16, 2013; 10-year peer group comparisons are
less relevant than other time periods.
The principal underwriter for Thrivent Mutual Funds is Thrivent Distributors, LLC, a registered broker/dealer and member of FINRA
and SIPC. Thrivent Asset Management, LLC, an SEC-registered investment adviser, serves as the investment adviser for the
Thrivent Mutual Funds. Both entities are subsidiaries of Thrivent Financial for Lutherans.
2763134-100719

http://www.ThriventFunds.com http://www.ThriventFunds.com

Morningstar - Winter 2019

Table of Contents for the Digital Edition of Morningstar - Winter 2019