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Magazine
Summer 2022

What's new at Thrivent: Summer 2022 edition

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Thrivent recognized as one of the World’s Most Ethical Companies for 11th year

Thrivent is continuing to distinguish itself among industry peers as a leader in advancing ethical business practices. We’re proud to share that our organization was recently named as one of the 2022 World’s Most Ethical Companies. Thrivent was one of only six honorees recognized in the financial services industry.

This distinction is given by Ethisphere, a global leader in defining the standards of ethical business practices. The list highlights companies that have demonstrated exceptional programs and practices that advance business ethics.

Over the years, this recognition has become a source of pride for Thrivent and has strengthened our trusted reputation.

“We’re thrilled to be recognized as one of the World’s Most Ethical Companies for the 11th consecutive year,” says Terry Rasmussen, president and CEO of Thrivent. “At Thrivent, one of our core values is we do what’s right. Earning this recognition demonstrates this core value is reflected every day in our business practices and the ways we serve our clients.

“I’m deeply honored to be a part of an organization that sets a high standard when it comes to leading with ethics and integrity. Moving forward, we’ll remain committed to excellence as we serve more clients, helping them achieve financial clarity, enabling lives full of meaning and gratitude.”

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Thrivent Mid Cap Stock Fund recognized with two awards

Thrivent has been honored as a Refinitiv Lipper Fund Awards US 2022 Winner for its Mid Cap Stock Fund–Class S (TMSIX). The fund was named best Mid-Cap Core Fund over the five- and 10-year performance periods. Thrivent Asset Management, LLC is the investment adviser to the fund.

Thrivent Mid Cap Stock Fund was recognized for its consistently strong risk-adjusted performance in the five- and 10-year performance periods, which ended Nov. 30, 2021. Refinitiv evaluated the Fund against 234 funds in the five-year performance period and 150 funds in the 10-year performance period in the US Mid-Cap Core Funds category.

“Thrivent Mid Cap Stock Fund has a history of strong performance, and we’re proud to again be honored by Refinitiv Lipper,” says David Royal, executive vice president and chief investment officer at Thrivent. “Our talented investment professionals follow a disciplined investment process in order to deliver investment solutions that help our clients achieve financial clarity and live purposeful and meaningful lives. This award is a wonderful recognition of our commitment to excellence.”

According to Brian Flanagan, portfolio manager of Thrivent Mid Cap Stock Fund, “It takes an incredible team of investment professionals to create performance that leads to distinguished awards like Refinitiv Lipper. Our investment process at Thrivent is grounded in bottom-up stock selection, research, portfolio construction and risk management, and I’m grateful to work with talented colleagues who bring their best ideas and recommendations to the table.”

With these two awards, Thrivent Mid Cap Stock Fund has earned a total of 11 Lipper Fund Awards since 2017. Thrivent’s asset management team has received a total of 29 Lipper Fund Awards since 2008.

Thrivent’s asset management team consists of more than 125 investment professionals. Funds are offered online at thriventfunds.com, as well as through Thrivent’s financial advisors and other investment professionals around the country.

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“World's Most Ethical Companies" and "Ethisphere" names and marks are registered trademarks of Ethisphere LLC. For details, visit Ethisphere.com.

The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper. Refinitiv Lipper Fund Awards, ©2022 Refinitiv. All rights reserved. Used under license.

Past performance is not necessarily indicative of future results.

Investing involves risks, including the possible loss of principal. The prospectus and summary prospectus contain more complete information on the investment objectives, risks, charges and expenses of the fund, and other information, which investors should read and consider carefully before investing. Prospectuses and summary prospectuses are available at thriventfunds.com or by calling 800-847-4836.

Thrivent financial advisors are registered representatives of Thrivent Investment Management Inc., an SEC-registered investment adviser, a broker-dealer, and a member FINRA/SIPC. Investment advisory services are only offered through appropriately credentialed financial advisors. Visit Thrivent.com or FINRA’s Broker Check for more information about Thrivent’s financial advisors. The distributor for Thrivent Mutual Funds is Thrivent Distributors, LLC, a registered broker-dealer and member FINRA/SIPC. Thrivent Asset Management, LLC, an SEC-registered investment adviser, serves as the investment adviser for the Thrivent Mutual Funds. All entities are subsidiaries of Thrivent, the marketing name for Thrivent Financial for Lutherans.

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