Thrivent Municipal Bond Fund Class A (AAMBX)
| Fund Assets | 1.15B |
| Expense Ratio | 0.76% |
| Min. Investment | $2,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.39% |
| Dividend Growth | 2.57% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 9.94 |
| YTD Return | -0.54% |
| 1-Year Return | 3.92% |
| 5-Year Return | 2.50% |
| 52-Week Low | 9.58 |
| 52-Week High | 10.23 |
| Beta (5Y) | 0.32 |
| Holdings | 516 |
| Inception Date | Dec 3, 1976 |
About AAMBX
Thrivent Municipal Bond Fund Class A is a mutual fund focused on generating a high level of current income that is exempt from federal income tax. Its primary purpose is to invest in a diversified, nationally distributed portfolio of municipal bonds, which are debt securities issued by local, county, or state governments to fund public infrastructure projects such as schools, roads, hospitals, and utilities. The fund predominantly invests in investment-grade bonds but may also include some lower-quality or unrated bonds to enhance yield, accepting higher credit and interest rate risk in doing so. It holds both general obligation bonds backed by governmental taxing authority and revenue bonds supported by specific project revenues. The fund is structured to emphasize capital preservation while navigating extensive interest rate sensitivity and medium credit quality, as indicated by its Morningstar Style Box classification. Thrivent Municipal Bond Fund Class A plays a significant role for individuals seeking federally tax-exempt income and broad municipal market exposure.
Performance
AAMBX had a total return of 3.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.73%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.50% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.43% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| TMBIX | Class S | 0.51% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.0275 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02946 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03235 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02719 | Nov 28, 2025 |
| Oct 31, 2025 | $0.030 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03109 | Sep 30, 2025 |