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Morningstar

Thrivent Municipal Bond S TMBIX

Morningstar Medalist Rating
Medalist Rating as of | See Thrivent Investment Hub
  • NAV / 1-Day Return 10.18  /  −0.07 %
  • Total Assets 1.2 Bil
  • Adj. Expense Ratio
    0.510%
  • Expense Ratio 0.510%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 3.42%
  • Effective Duration —

USD | NAV as of Apr 15, 2024 | 1-Day Return as of Apr 15, 2024, 10:29 PM GMT+0

Morningstar’s Analysis TMBIX

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

  • People Pillar

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

Thrivent Municipal Bond S 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

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

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings TMBIX

More TMBIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

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

1.41 17.6 Mil
municipal

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

1.35 16.8 Mil
municipal

TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP REV 5%

1.24 15.6 Mil
municipal

NEW YORK ST URBAN DEV CORP REV 4%

1.19 14.9 Mil
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

1.09 13.7 Mil
municipal

HOUSTON TEX WTR & SWR SYS REV 5.75%

1.01 12.6 Mil
municipal

MASSACHUSETTS ST 5%

0.94 11.7 Mil
municipal

MASSACHUSETTS ST HEALTH & EDL FACS AUTH REV 5.25%

0.93 11.7 Mil
municipal

PENNSYLVANIA ST TPK COMMN TPK REV 6.25%

0.90 11.3 Mil
municipal

OHIO ST TPK COMMN TPK REV 5.7%

0.86 10.7 Mil
municipal