Thrivent Mid Cap Value Fund Class S (TMCVX)
| Fund Assets | 26.45M |
| Expense Ratio | 0.90% |
| Min. Investment | $2,000 |
| Turnover | 61.00% |
| Dividend (ttm) | 0.92 |
| Dividend Yield | 5.43% |
| Dividend Growth | 613.01% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 17.21 |
| YTD Return | 1.76% |
| 1-Year Return | 15.25% |
| 5-Year Return | 118.07% |
| 52-Week Low | 14.33 |
| 52-Week High | 19.54 |
| Beta (5Y) | 0.96 |
| Holdings | 80 |
| Inception Date | Feb 28, 2020 |
About TMCVX
Thrivent Mid Cap Value Fund Class S is a no-load mutual fund focused on long-term capital growth by investing primarily in mid-sized U.S. companies with value characteristics. The fund seeks to provide consistent, competitive performance by targeting stocks that are considered undervalued based on metrics such as low price ratios and slower growth rates for earnings and sales. Its investment strategy is reflected in its placement in the Morningstar Style Box as a mid-cap value fund, typically concentrating on companies in the middle 20% of U.S. equity market capitalization that offer attractive valuations. Class S shares of the fund are designed for cost efficiency, carrying no front-end sales charges or ongoing distribution fees, and a net expense ratio of 0.90%. The fund distributes dividends annually and is managed with a moderate to moderately aggressive risk profile, making it a key tool for diversification within equity-focused portfolios. Notably, the fund is scheduled to convert to an ETF in late 2025, indicating a shift toward a more flexible investment vehicle for shareholders.
Performance
TMCVX had a total return of 15.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.90%.
Top 10 Holdings
22.21% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street U.S. Government Money Market Portfolio | GVMXX | 3.14% |
| U.S. Bancorp | USB | 2.45% |
| D.R. Horton, Inc. | DHI | 2.39% |
| M&T Bank Corporation | MTB | 2.30% |
| Flowserve Corporation | FLS | 2.15% |
| Devon Energy Corporation | DVN | 2.06% |
| Labcorp Holdings Inc. | LH | 2.02% |
| Sysco Corporation | SYY | 1.97% |
| Coterra Energy Inc. | CTRA | 1.87% |
| Evergy, Inc. | EVRG | 1.86% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.21843 | Dec 30, 2024 |
| Dec 12, 2024 | $0.92246 | Dec 12, 2024 |
| Dec 28, 2023 | $0.16001 | Dec 28, 2023 |
| Dec 29, 2022 | $0.12598 | Dec 29, 2022 |
| Dec 15, 2022 | $0.32519 | Dec 15, 2022 |
| Dec 30, 2021 | $0.03606 | Dec 30, 2021 |