Thrivent Short-Term Bond Class A (LBLAX)
| Fund Assets | 1.26B |
| Expense Ratio | 0.59% |
| Min. Investment | $2,000 |
| Turnover | 64.00% |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 4.00% |
| Dividend Growth | 13.04% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 28, 2025 |
| Previous Close | 12.60 |
| YTD Return | 5.61% |
| 1-Year Return | 6.05% |
| 5-Year Return | 13.39% |
| 52-Week Low | 11.88 |
| 52-Week High | 12.61 |
| Beta (5Y) | 0.09 |
| Holdings | 565 |
| 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 6.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.91%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
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
12.65% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 4% | T.4 10.31.29 | 4.36% |
| United States Treasury Notes 3.875% | T.3.875 07.15.28 | 2.62% |
| Federal National Mortgage Association 5% | FNCI.5 10.11 | 1.36% |
| Thrivent Core Fds | n/a | 0.94% |
| United States Treasury Notes 3.5% | T.3.5 09.30.27 | 0.68% |
| Avis Budget Rental Car Funding AESOP LLC 5.25% | AESOP.2023-1A A | 0.62% |
| Avis Budget Rental Car Funding AESOP LLC 4.4% | AESOP.2025-4A A | 0.55% |
| Ppm Clo 2 Ltd / Ppm Clo 2 FRN 5.39363% | PPMC.2019-2A AR | 0.53% |
| AMSR TRUST 2021-SFR4 2.417% | AMSR.2021-SFR4 B | 0.50% |
| TRICON RESIDENTIAL 2021-SFR1 TRUST 2.244% | TCN.2021-SFR1 B | 0.48% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 28, 2025 | $0.04009 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04409 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04496 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04047 | Aug 29, 2025 |
| Jul 31, 2025 | $0.04405 | Jul 31, 2025 |
| Jun 30, 2025 | $0.04344 | Jun 30, 2025 |