Thrivent Municipal Bond Fund Class S (TMBIX)
| Fund Assets | 1.13B |
| Expense Ratio | 0.50% |
| Min. Investment | $2,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.76% |
| Dividend Growth | 1.65% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 10.19 |
| YTD Return | 2.92% |
| 1-Year Return | 8.03% |
| 5-Year Return | 4.58% |
| 52-Week Low | 9.61 |
| 52-Week High | 10.23 |
| Beta (5Y) | 0.05 |
| Holdings | 525 |
| Inception Date | Dec 3, 1976 |
About TMBIX
Thrivent Municipal Bond Fund Class S is a mutual fund focused on generating a high level of current income that is generally exempt from federal income taxes by investing in a nationally diversified portfolio of municipal bonds. The fund primarily holds investment‑grade securities, supplemented by select unrated issues deemed of comparable quality, and may allocate to lower‑quality bonds to enhance income, accepting higher credit risk and typically longer duration. Its portfolio spans both general obligation bonds, supported by the issuer’s taxing power, and revenue bonds backed by project-specific cash flows, financing public infrastructure such as schools, roads, bridges, sewers, and hospitals. Within Morningstar’s framework, it is characterized as medium credit quality with extensive interest‑rate sensitivity, consistent with its long‑duration municipal mandate. The fund targets broad exposure across states and sectors, aligning with the Muni National Long category, where income is generally federal tax‑exempt and assets are spread to mitigate concentration risk. Key operational details include an expense ratio near one‑half percent and assets around the billion‑dollar mark, reflecting an established presence among tax‑exempt income strategies.
Performance
TMBIX had a total return of 8.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.85%.
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 |
|---|---|---|
| AAMBX | Class A | 0.76% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03394 | Jun 30, 2026 |
| May 29, 2026 | $0.03086 | May 29, 2026 |
| Apr 30, 2026 | $0.032 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03384 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0296 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03163 | Jan 30, 2026 |