Thrivent Income Fund (LUBIX)
| Fund Assets | 1.26B |
| Expense Ratio | 0.76% |
| Min. Investment | $2,000 |
| Turnover | 45.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.96% |
| Dividend Growth | 5.46% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 8.34 |
| YTD Return | 4.29% |
| 1-Year Return | 2.94% |
| 5-Year Return | n/a |
| 52-Week Low | 7.94 |
| 52-Week High | 8.40 |
| Beta (5Y) | 0.35 |
| Holdings | 586 |
| Inception Date | Jun 1, 1972 |
About LUBIX
Thrivent Income Fund Class A is an actively managed mutual fund specializing in fixed-income investments. Its primary purpose is to seek high current income while preserving principal, with a secondary objective of long-term capital growth to maintain investors’ purchasing power. The fund predominantly invests in a diversified mix of investment-grade corporate bonds, U.S. government bonds, asset-backed securities, and mortgage-backed securities. A notable feature is its focus on medium credit quality and moderate interest rate sensitivity, often allocating a significant portion of assets to BBB-rated bonds, which are at the lower end of investment-grade credit quality. The fund may also allocate smaller portions to high-yield bonds, preferred stock, as well as foreign and emerging market issuers, providing additional diversification opportunities. Utilizing derivative instruments, it manages duration and interest rate risks effectively. Managed by a team of seasoned professionals with significant industry experience, Thrivent Income Fund Class A has served investors since 1972, aiming to offer stability and a consistent income stream, with monthly dividend distributions. Its role in the market is to provide a reliable income-focused option for investors seeking exposure to a broad array of fixed-income securities.
Performance
LUBIX had a total return of 2.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.01%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| LBIIX | Class S | 0.47% |
Top 10 Holdings
10.66% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Department of The Treasury - U.S. Treasury Bonds | T.4.75 05.15.55 | 1.82% |
| Federal Home Loan Mortgage Corporation Conventional 30-Yr. Pass Through | FR.SL1502 | 1.71% |
| United States Department of The Treasury - U.S. Treasury Bonds | T.4.375 08.15.43 | 1.36% |
| State Street U.S. Government Money Market Portfolio | GVMXX | 1.31% |
| Thrivent Mutual Funds - Thrivent Cash Management Trust | n/a | 1.24% |
| United States Department of The Treasury - U.S. Treasury Bonds | T.4.625 02.15.35 | 1.05% |
| United States Department of The Treasury - U.S. Treasury Notes | T.4.125 03.31.32 | 0.66% |
| Federal Home Loan Mortgage Corporation Conventional 30-Yr. Pass Through | n/a | 0.55% |
| SPRINT CAP CORP - Sprint Capital Corporation | S.8.75 03.15.32 | 0.50% |
| BANK AMER CORP - Bank of America Corporation | BAC.V5.511 01.24.36 | 0.44% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.0313 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02802 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03043 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03002 | Jun 30, 2025 |
| May 30, 2025 | $0.02894 | May 30, 2025 |
| Apr 30, 2025 | $0.0297 | Apr 30, 2025 |