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Thrivent Mutual Funds Wins Seven Lipper Awards In 2019

Organization receives honors for its small cap, mid cap and aggressive allocation funds and a group award for its mixed assets class

MINNEAPOLIS (March 8, 2019) – Thrivent Mutual Funds has been honored with seven 2019 Lipper Awards from Refinitiv for its Small Cap Stock Fund, Mid Cap Stock Fund and Aggressive Allocation Stock Fund, and earned a group award for the performance of its mixed assets class. The annual awards, which were presented at a gala in New York City last evening, recognize the performance of funds and fund management firms over three, five and 10-year periods. Since 2008, Thrivent Mutual Funds has received a total of 25 Lipper Awards.

The awards this year were based on risk-adjusted performance for the U.S. Region for periods ending Nov. 30, 2018:

  • The Thrivent Mid Cap Stock Fund, Class S (TMSIX), was awarded Best Mid-Cap Core Fund for the past three-year, five-year and 10-year performance periods (out of 333, 283 and 189 funds, respectively).
  • The Thrivent Small Cap Stock Fund, Class S (TSCSX), was awarded Best Small-Cap Core Fund for the past three and five-year periods (out of 785 and 654 funds, respectively).
  • The Thrivent Aggressive Allocation Fund, Class S (TAAIX), was awarded Best Mixed-Asset Target Allocation Aggressive Growth Fund for the past five-year period (out of 135 funds).
  • Thrivent’s Mixed Assets Class received a group award for the Small Company category out of 48 fund families for the three-year period.

“This is the greatest number of awards we’ve won in a given year, and I’m so proud of our team,” said David Royal, chief investment officer at Thrivent and president of Thrivent Mutual Funds. “The Lipper Awards validate our rigorous investment process and expertise. Because of our approach, we’re in a strong position to serve our investors on their wise with money journeys and help them lead content, confident, and generous lives.”

The Thrivent Mutual Funds are supported by a team of more than 100 investment professionals who take a long-term, disciplined approach in all phases of investment management including stock selection, portfolio construction and risk management. The funds are offered online at ThriventFunds.com, as well as through Thrivent Financial professionals and other investment advisors around the country.

About Lipper Fund Awards

For more than 30 years and in over 20 countries worldwide, the highly-respected Lipper Awards by Refinitiv have honored funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers and focuses the investment world on top-funds. The merit of the winners is based on entirely objective, quantitative criteria. This coupled with the unmatched depth of fund data, results in a unique level of prestige and ensures the award has lasting value. Renowned fund data and proprietary methodology is the foundation of this prestigious award qualification, recognizing excellence in fund management. Find out more at www.lipperfundawards.com or contact media@refinitiv.com.

About Thrivent Mutual Funds

Thrivent Mutual Funds helps investors prepare for a more secure financial future. They do this in a variety of ways, from the experience of their fund managers to providing convenient, flexible options to make investing easier. Thrivent Mutual Funds has been offering mutual funds since 1970. Today there are more than 20 mutual funds, including a full suite of solution-based products as well as an array of single-strategy offerings, with over $17.2 billion in assets (as of December 31, 2018). The investment adviser for the Funds is Thrivent Asset Management, LLC, comprised of more than 100 seasoned investment professionals focused on a broad range of investment strategies designed for all risk tolerances. For more information on Thrivent Mutual Funds, visit ThriventFunds.com.

About Thrivent

Thrivent is a not-for-profit financial services organization that helps Christians on the wise with money journey. As a mission-driven, membership-owned organization, it offers its more than 2 million members and customers a broad range of financial products, services and guidance to help them obtain a life of contentment, confidence and generosity. Thrivent and its subsidiary and affiliate companies offer insurance, investments, banking and advice over the phone, online as well as through financial professionals and independent agents nationwide. Thrivent is a FORTUNE 500 company with $134 billion in assets under management/advisement (as of 12/31/18). For more than a century it has helped Christians make wise money choices that reflect their values while providing them opportunities to demonstrate their generosity where they live, work and worship. For more information, visit Thrivent.com. You can also find us on Facebook and Twitter.