LUBIX

About LUBIX

Thrivent Income Fund Class A is an actively managed mutual fund specializing in fixed-income investments. Its primary purpose is to seek high current income while preserving principal, with a secondary objective of long-term capital growth to maintain investors’ purchasing power. The fund predominantly invests in a diversified mix of investment-grade corporate bonds, U.S. government bonds, asset-backed securities, and mortgage-backed securities. A notable feature is its focus on medium credit quality and moderate interest rate sensitivity, often allocating a significant portion of assets to BBB-rated bonds, which are at the lower end of investment-grade credit quality. The fund may also allocate smaller portions to high-yield bonds, preferred stock, as well as foreign and emerging market issuers, providing additional diversification opportunities. Utilizing derivative instruments, it manages duration and interest rate risks effectively. Managed by a team of seasoned professionals with significant industry experience, Thrivent Income Fund Class A has served investors since 1972, aiming to offer stability and a consistent income stream, with monthly dividend distributions. Its role in the market is to provide a reliable income-focused option for investors seeking exposure to a broad array of fixed-income securities.