Morningstar

Thrivent High Yield Municipal Bond Fund Class S THMBX

Morningstar Medalist Rating
Medalist Rating as of | See Thrivent Investment Hub
  • NAV / 1-Day Return 9.56  /  0.00
  • Total Assets 59.5M
  • Adj. Expense Ratio
    0.590%
  • Expense Ratio 0.600%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 4.30%
  • Effective Duration 10.40 years

USD | NAV as of Jun 18, 2026 | 1-Day Return as of Jun 18, 2026, 12:11 AM GMT+0

Morningstar’s Analysis THMBX

Will THMBX outperform in the 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 THMBX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Thrivent High Yield Municipal Bond S holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings THMBX

More THMBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

TARRANT CNTY TEX CULTURAL ED FACS FIN CORP HOSP REV 1.95%

1.73 1M
municipal

NEW YORK N Y 2.85%

1.00 575,000
municipal

CALIFORNIA ST UNIV REV 5.25%

0.94 543,317
municipal

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5%

0.93 535,753
municipal

MASSACHUSETTS ST TRANSN FD REV 5%

0.89 515,481
municipal

MIDA MTN VLG PUB INFRASTRUCTURE DIST UTAH TAX ALLOCATION REV 6%

0.89 514,450
municipal

AEROTROPOLIS COLO REGL TRANSN AUTH SPL REV 5.75%

0.87 502,266
municipal

NEW HAMPSHIRE HEALTH & ED FACS AUTH REV 2.4%

0.80 460,000
municipal

VIRGINIA SMALL BUSINESS FING AUTH REV 4%

0.77 446,372
municipal

OMAHA NEB 5%

0.74 428,876
municipal

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