THMBX

About THMBX

Thrivent High Income Municipal Bond Fund Class S is a mutual fund that focuses on generating a high level of current income that is exempt from federal income taxes. The fund primarily invests in a diversified portfolio of municipal bonds, which are debt securities issued by cities, states, or other local government entities in the United States. These bonds are typically used to finance public projects such as schools, hospitals, and infrastructure development. The fund allocates a substantial portion of its assets to high-yield, or lower-rated, municipal securities—often those rated at or below BBB, or unrated issues—noted for offering higher income potential but with increased credit risk compared to investment-grade bonds. Thrivent High Income Municipal Bond Fund Class S is categorized in the high-yield muni sector, distinguishing itself by targeting segments of the municipal market that can provide enhanced income. Its investment strategy is designed for investors seeking federally tax-exempt income and exposure to a broad spectrum of credit qualities within the municipal bond arena.