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Morningstar

Thrivent Municipal Bond A AAMBX

Morningstar Medalist Rating
Medalist Rating as of | See Thrivent Investment Hub
  • NAV / 1-Day Return 10.30  /  +0.01 %
  • Total Assets 1.2 Bil
  • Adj. Expense Ratio
    0.760%
  • Expense Ratio 0.760%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 3.25%
  • Effective Duration —

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:08 PM GMT+0

Morningstar’s Analysis AAMBX

Will AAMBX 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 AAMBX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AAMBX 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 AAMBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings AAMBX

More AAMBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK N Y CITY TRANSITIONAL FIN AUTH BLDG AID REV 5%

1.44 17.3 Mil
municipal

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 4%

1.35 16.3 Mil
municipal

TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP REV 5%

1.28 15.5 Mil
municipal

NEW YORK ST URBAN DEV CORP REV 4%

1.20 14.5 Mil
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

1.09 13.1 Mil
municipal

HOUSTON TEX WTR & SWR SYS REV 5.75%

1.01 12.1 Mil
municipal

MASSACHUSETTS ST 5%

0.95 11.5 Mil
municipal

MASSACHUSETTS ST HEALTH & EDL FACS AUTH REV 5.25%

0.93 11.2 Mil
municipal

PENNSYLVANIA ST TPK COMMN TPK REV 6.25%

0.92 11.1 Mil
municipal

VIRGINIA SMALL BUSINESS FING AUTH PRIVATE ACTIVITY REV 5%

0.88 10.6 Mil
municipal