Thrivent Short-Term Bond A (LBLAX)
| Fund Assets | 1.17B |
| Expense Ratio | 0.59% |
| Min. Investment | $2,000 |
| Turnover | 64.00% |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 3.91% |
| Dividend Growth | 17.78% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 12.56 |
| YTD Return | 2.10% |
| 1-Year Return | 3.66% |
| 5-Year Return | 10.10% |
| 52-Week Low | 12.35 |
| 52-Week High | 12.57 |
| Beta (5Y) | 0.08 |
| Holdings | 574 |
| Inception Date | Oct 29, 1999 |
About LBLAX
Thrivent Short-Term Bond Fund Class A is an actively managed mutual fund focused on generating a high level of current income while emphasizing stability of principal. The fund primarily invests in investment-grade fixed income, including corporate bonds, U.S. government securities, asset-backed securities, and mortgage-backed securities, with the flexibility to allocate a portion to foreign issuers. Its strategy targets a shorter interest-rate profile, maintaining a dollar-weighted average effective maturity typically between one and five years, which reduces sensitivity to rate fluctuations compared with longer-duration bond funds. Recent portfolio metrics indicate a duration around two years, underscoring its short-term orientation. The fund distributes income on a monthly schedule and is positioned within the short-term bond category, serving investors seeking steady income with moderate credit exposure and lower interest-rate risk than intermediate or long-duration peers. Established in 1999 and managed within the Thrivent fund family, it has amassed a sizable asset base and charges a net annual operating expense ratio characteristic of its share class. Overall, it plays a role as a core short-duration fixed-income holding in diversified portfolios.
Performance
LBLAX had a total return of 3.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.81%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FBNTX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class M | 0.51% |
| FBNAX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class A | 0.50% |
| FBNIX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class I | 0.30% |
| FANCX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class C | 1.36% |
| FIKTX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class Z | 0.25% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| THLIX | Class S | 0.43% |
Top 10 Holdings
8.38% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 4% | T.4 10.31.29 | 1.98% |
| Thrivent Core Fds | n/a | 1.10% |
| Federal National Mortgage Association 5.5% | FNCL.5.5 6.11 | 0.94% |
| United States Treasury Notes 4.125% | T.4.125 02.28.27 | 0.93% |
| State Street U.S. Government Money Market Portfolio | GVMXX | 0.88% |
| Avis Budget Rental Car Funding AESOP LLC 5.25% | AESOP.2023-1A A | 0.60% |
| Ppm Clo 2 Ltd / Ppm Clo 2 FRN 5.81777% | PPMC.2019-2A AR | 0.53% |
| AMSR TRUST 2021-SFR4 2.417% | AMSR.2021-SFR4 B | 0.49% |
| TRICON RESIDENTIAL 2021-SFR1 TRUST 2.244% | TCN.2021-SFR1 B | 0.47% |
| UBS Group AG 1.305% | UBS.V1.305 02.02.27 144A | 0.47% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.04405 | Jul 31, 2025 |
| Jun 30, 2025 | $0.04344 | Jun 30, 2025 |
| May 30, 2025 | $0.04199 | May 30, 2025 |
| Apr 30, 2025 | $0.04181 | Apr 30, 2025 |
| Mar 31, 2025 | $0.04235 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03781 | Feb 28, 2025 |