About LBHYX
Thrivent High Yield Fund Class A is a mutual fund that seeks to provide income through investments primarily in higher yielding, higher risk bonds. It focuses on a diversified portfolio of high yield securities, including corporate bonds from various sectors such as entertainment, telecommunications, healthcare, energy, and consumer goods. Notable holdings feature debt from companies like Caesars Entertainment, DirecTV Financing, CCO Holdings, Tenet Healthcare, and Vistra Corp, alongside a position in cash equivalents for liquidity. The fund employs an active management approach to select securities aimed at balancing income generation with risk considerations inherent to the high yield bond market. Designed for investors tolerant of elevated credit risk in pursuit of potentially higher returns compared to investment-grade bonds, it plays a role in fixed-income strategies seeking enhanced yield within broader portfolios. Thrivent High Yield Fund Class A, part of Thrivent Mutual Funds' fixed-income offerings, supports income-oriented objectives in the high yield segment of the bond market.
Fund Family Thrivent Funds
Category High Yield Bond
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol LBHYX
Share Class Class A
Index Bloomberg U.S. Corporate High Yield TR
LBHYX had a total return of 5.67% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.04%.
