Thrivent Short-Term Bond Class A (LBLAX)
| Fund Assets | 1.13B |
| Expense Ratio | 0.59% |
| Min. Investment | $2,000 |
| Turnover | 81.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 4.10% |
| Dividend Growth | 10.75% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 12.55 |
| YTD Return | 0.02% |
| 1-Year Return | 4.84% |
| 5-Year Return | 13.21% |
| 52-Week Low | 12.36 |
| 52-Week High | 12.63 |
| Beta (5Y) | 0.09 |
| Holdings | 538 |
| 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 4.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.90%.
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% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.0405 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04311 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04686 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04009 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04409 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04496 | Sep 30, 2025 |