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Morningstar

Thrivent Government Bond S TBFIX

Morningstar Medalist Rating
Medalist Rating as of | See Thrivent Investment Hub
  • NAV / 1-Day Return 8.61  /  0.45 %
  • Total Assets 84.2 Mil
  • Adj. Expense Ratio
    0.520%
  • Expense Ratio 0.520%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 3.31%
  • Effective Duration 5.70 years

USD | NAV as of Nov 30, 2023 | 1-Day Return as of Nov 30, 2023, 11:18 PM GMT+0

Morningstar’s Analysis TBFIX

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

People Pillar

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

A lowering of its Process Pillar rating is the primary driver of Thrivent Government Bond S's downgrade to a Morningstar Medalist Rating of Neutral from Silver.

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
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Portfolio Holdings TBFIX

More TBFIX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 113
  • Other Holdings 3
  • % Assets in Top 10 Holdings 49.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Thrivent Core Short-Term Reserve

16.03
14,758,314
—

Government National Mortgage Association 5%

7.82
7,200,691
Securitized

United States Treasury Notes 3.625%

6.65
6,124,289
Government

United States Treasury Notes 0.25%

4.46
4,108,711
Government

United States Treasury Notes 2.875%

3.14
2,889,492
Government

Federal National Mortgage Association 4.5%

2.99
2,749,562
Securitized

Government National Mortgage Association 5.5%

2.63
2,425,117
Securitized

Fnma Pass-Thru I 2%

2.10
1,933,829
Securitized

Fnma Pass-Thru I 4.5%

2.07
1,908,547
Securitized

Federal National Mortgage Association 4%

1.95
1,799,789
Securitized