AAMBX

About AAMBX

Thrivent Municipal Bond Fund Class A is a mutual fund focused on generating a high level of current income that is exempt from federal income tax. Its primary purpose is to invest in a diversified, nationally distributed portfolio of municipal bonds, which are debt securities issued by local, county, or state governments to fund public infrastructure projects such as schools, roads, hospitals, and utilities. The fund predominantly invests in investment-grade bonds but may also include some lower-quality or unrated bonds to enhance yield, accepting higher credit and interest rate risk in doing so. It holds both general obligation bonds backed by governmental taxing authority and revenue bonds supported by specific project revenues. The fund is structured to emphasize capital preservation while navigating extensive interest rate sensitivity and medium credit quality, as indicated by its Morningstar Style Box classification. Thrivent Municipal Bond Fund Class A plays a significant role for individuals seeking federally tax-exempt income and broad municipal market exposure.