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Morningstar

Thrivent Opportunity Income Plus S IIINX

Morningstar Medalist Rating
Medalist Rating as of | See Thrivent Investment Hub
  • NAV / 1-Day Return 8.67  /  0.13 %
  • Total Assets 664.6 Mil
  • Adj. Expense Ratio
    0.650%
  • Expense Ratio 0.650%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 4.85%
  • Effective Duration 4.10 years

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:15 PM GMT+0

Morningstar’s Analysis IIINX

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

People Pillar

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

A strong management team and sound investment process underpin Thrivent Opportunity Income Plus S's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings IIINX

More IIINX Holdings
  • Current Portfolio Date
  • Equity Holdings 24
  • Bond Holdings 1328
  • Other Holdings 211
  • % Assets in Top 10 Holdings 16.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Thrivent Core Emerging Markets Debt

9.61
61,104,287
—

Thrivent Core Short-Term Reserve Fund

7.01
44,582,131
Cash and Equivalents

United States Treasury Bonds 3.375%

1.19
7,533,871
Government

SPDR® Blmbg High Yield Bd ETF

0.96
6,123,400
—

Federal National Mortgage Association 4%

0.90
5,724,230
Securitized

Vanguard Short-Term Corporate Bond ETF

0.80
5,061,427
—

Federal National Mortgage Association 4.5%

0.77
4,903,172
Securitized

Federal Home Loan Mortgage Corporation 3.5%

0.73
4,614,057
Securitized

Fnma Pass-Thru I 4.5%

0.56
3,574,841
Securitized

Federal Home Loan Mortgage Corporation 2.5%

0.54
3,409,345
Securitized