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Morningstar

Thrivent Limited Maturity Bond A LBLAX

Morningstar Medalist Rating
Medalist Rating as of | See Thrivent Investment Hub
  • NAV / 1-Day Return 12.20  /  +0.09 %
  • Total Assets 1.3 Bil
  • Adj. Expense Ratio
    0.580%
  • Expense Ratio 0.580%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 3.24%
  • Effective Duration 2.00 years

USD | NAV as of May 07, 2024 | 1-Day Return as of May 07, 2024, 9:57 PM GMT+0

Morningstar’s Analysis LBLAX

Will LBLAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LBLAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LBLAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LBLAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Thrivent Limited Maturity Bond A boasts strong People and Process Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings LBLAX

More LBLAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 3.5%

5.26 66.5 Mil
Government

United States Treasury Notes 4%

0.96 12.2 Mil
Government

Federal Home Loan Banks

0.90 11.3 Mil
Cash and Equivalents

AVANT CREDIT CARD MASTER TRUST 1.37%

0.80 10.1 Mil
Securitized

GENESIS SALES FINANCE MASTER TRUST 1.2%

0.76 9.6 Mil
Securitized

Ares Xl Clo Ltd 6.99017%

0.71 9.0 Mil
Securitized

PALMER SQUARE LOAN FUNDING 2023-1 LTD 7.02456%

0.45 5.7 Mil
Securitized

Wells Fargo & Co. 2.406%

0.44 5.6 Mil
Corporate

AMSR 2021-SFR4 TRUST 2.417%

0.43 5.5 Mil
Securitized

TESLA AUTO LEASE TRUST 2023-B 6.13%

0.42 5.4 Mil
Securitized