Minneapolis – Thrivent, a Fortune 500 diversified financial services organization, was honored today as a LSEG Lipper Fund Awards US 2024 Winner for its Small Cap Stock Fund – Class S (TSCSX) over the 10-year performance period. Thrivent Asset Management, LLC is the investment adviser to the fund.

Thrivent Small Cap Stock Fund was recognized as the Best Small-Cap Core Fund out of 612 funds for its consistently strong risk-adjusted 10-year performance for the period ending November 30, 2023.

“Once again, we are honored that our Thrivent Small Cap Stock Fund has been recognized as a LSEG Lipper Fund Awards Winner this year for the 10-year performance period,” said David Royal, chief financial and investment officer at Thrivent. “This award reflects our commitment to diligently managing our funds over the long-term in order to generate competitive investment returns for our clients so they can fulfill their goals in life.”

This award marks the fourth time the Thrivent Small Cap Stock Fund has been recognized by the Lipper Fund Awards. Thrivent’s overall asset management team has received a total of 32 Lipper Fund Awards since 2008.

“Our investment team maintains a rigorous investment process, which adds value through bottom-up stock selection using proprietary research and by controlling risk,” said Jim Tinucci, senior portfolio manager of Thrivent Small Cap Stock Fund. “We're grateful for this recognition because it validates our approach and how we've delivered consistent, repeatable performance on behalf of our clients.”

Thrivent’s asset management team consists of more than 140 investment professionals. The funds are offered online at thriventfunds.com, as well as through Thrivent’s financial advisors and other investment professionals around the country.

About LSEG Lipper Fund Awards
The LSEG 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 LSEG 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 LSEG Lipper Fund Award. For more information, see lipperfundawards.com. Although LSEG Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by LSEG Lipper.

About Thrivent
Thrivent is a diversified financial services organization that helps people achieve financial clarity, enabling lives full of meaning and gratitude. Thrivent and its subsidiary and affiliate companies serve more than 2.3 million clients, offering advice, insurance, investments, banking and generosity products and programs online and through financial advisors and independent agents nationwide. Thrivent is a Fortune 500 company with $179 billion in assets under management/advisement (as of 12/31/23). Thrivent carries ratings from independent rating agencies which demonstrate the strength and stability of the organization, including an A++ rating from AM Best; an Aa2 rating from Moody's Investors Service; and an AA+ rating from S&P Global Ratings. Ratings are based on Thrivent's financial strength and claims-paying ability, but do not apply to investment product performance. For information on these ratings, visit the rating agency's website. Dividends are not guaranteed. For more information about Thrivent, visit Thrivent.com or find us on Facebook, Instagram and LinkedIn.

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.

_{The distributor for Thrivent Mutual Funds is Thrivent Distributors, LLC, a registered broker-dealer and member FINRA. Thrivent Asset Management, LLC, an SEC-registered investment adviser, serves as the investment adviser for the Thrivent Mutual Funds. 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. All entities are subsidiaries of Thrivent, the marketing name for Thrivent Financial for Lutherans.}

_{Insurance products issued by Thrivent. Not available in all states.}