About THYFX
Thrivent Conservative Allocation Fund Class S is a mutual fund designed to provide a prudent balance between income generation and long-term capital appreciation. The fund primarily invests between 60% and 95% of its assets in a diverse array of debt securities, such as bonds, while allocating 5% to 40% in equity securities, including common and preferred stocks, as well as securities convertible into common stock or linked to equity performance. This allocation framework aims to minimize risk compared to more equity-heavy portfolios, making the fund particularly suited for conservative investors seeking reduced volatility.
The fund holds a large number of individual securities, ensuring diversification across issuers, sectors, and geographic regions. Its monthly dividend distribution and relatively high dividend yield reflect its focus on stable income. Managed with a disciplined approach since its inception in 1997, the fund's strategy is grounded in rigorous asset allocation, with performance metrics often compared to broad benchmarks such as the MSCI World Index and various bond indices. In the broader financial market, Thrivent Conservative Allocation Fund Class S plays a key role for individuals and institutions that prioritize capital preservation, dependable income, and measured growth over aggressive risk-taking.
Fund Family Thrivent Funds
Category Allocation--15% to 30% Equity
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol THYFX
Share Class Class S
Index Bloomberg US MBS TR
THYFX had a total return of 9.20% in the past year, including dividends.
Since the fund's inception, the average annual return has been 4.72%.
