Thrivent Short-Term Bond S (THLIX)
| Fund Assets | 1.21B |
| Expense Ratio | 0.43% |
| Min. Investment | $2,000 |
| Turnover | 64.00% |
| Dividend (ttm) | 0.52 |
| Dividend Yield | 4.09% |
| Dividend Growth | 13.96% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 12.59 |
| YTD Return | 2.37% |
| 1-Year Return | 3.15% |
| 5-Year Return | 10.83% |
| 52-Week Low | 12.34 |
| 52-Week High | 12.61 |
| Beta (5Y) | n/a |
| Holdings | 557 |
| Inception Date | Oct 29, 1999 |
About THLIX
Thrivent Short-Term Bond Fund – Class S is an open-end mutual fund focused on generating a high level of current income while emphasizing stability of principal. The strategy centers on investment‑grade fixed income, allocating primarily to corporate bonds, U.S. government securities, asset‑backed and mortgage‑backed securities, with flexibility to include collateralized debt obligations and a modest allocation to foreign bonds. The portfolio is managed to a shorter interest-rate profile, targeting a dollar‑weighted average effective maturity of roughly one to five years, which helps reduce sensitivity to rate movements compared with intermediate and long‑duration funds. The fund’s profile aligns with the short‑term bond category, appealing to investors seeking conservative core fixed‑income exposure and diversification benefits relative to equities and longer bonds. Class S is a no‑load share class with operating expenses disclosed at the fund level, and the vehicle is positioned within Thrivent’s conservative-to-moderately conservative risk bands. By emphasizing high‑quality credit and short duration, Thrivent Short-Term Bond Fund – Class S plays a role as a liquidity-aware, lower‑volatility sleeve within a broader multi-asset or fixed‑income allocation.
Performance
THLIX had a total return of 3.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.14%.
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 |
|---|---|---|
| LBLAX | Class A | 0.59% |
Top 10 Holdings
12.86% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Department of The Treasury - U.S. Treasury Notes | T.4 10.31.29 | 4.26% |
| Thrivent Mutual Funds - Thrivent Cash Management Trust | n/a | 1.45% |
| United States Department of The Treasury - U.S. Treasury Notes | T.3.75 06.30.27 | 1.27% |
| Thrivent Mutual Funds - Thrivent Core Short-Term Reserve Fund | n/a | 1.11% |
| United States Department of The Treasury - U.S. Treasury Notes | T.3.875 07.15.28 | 1.11% |
| State Street U.S. Government Money Market Portfolio | GVMXX | 1.06% |
| Federal National Mortgage Association Conventional 30-Yr. Pass Through | FNCL.5.5 8.11 | 0.95% |
| Avis Budget Rental Car Funding AESOP, LLC | AESOP.2023-1A A | 0.61% |
| PPM CLO 2 LTD / PPM CLO 2 LLC - PPM CLO 2, Ltd. | PPMC.2019-2A AR | 0.53% |
| AMSR 2021-SFR4 - AMSR Trust | AMSR.2021-SFR4 B | 0.49% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.04642 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0419 | Aug 29, 2025 |
| Jul 31, 2025 | $0.04552 | Jul 31, 2025 |
| Jun 30, 2025 | $0.04489 | Jun 30, 2025 |
| May 30, 2025 | $0.04343 | May 30, 2025 |
| Apr 30, 2025 | $0.04319 | Apr 30, 2025 |