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English Site collapse row ETFs
Thrivent Core Plus Bond ETF —
TCPB
TCPB
Thrivent Core Plus Bond ETF
Risk profile
The risk profile for this fund is Conservative
Inception date
2/19/2025
As of
Net asset value
-
Daily NAV change
-
As of N/A
Mid-point bid-ask price
-
Premium/ Discount
-
30-day median bid-ask spread
-
30-day average trading volume
-
As of 03/31/2025
Since inception NAV return
1.76%
1-year NAV return
-
As of 03/31/2025
Net annual fund operating expenses
0.39%
As of
Thrivent Core Plus Bond ETF
English Site collapse row ETFs

Thrivent Core Plus Bond ETF seeks a high level of current income and, secondarily, total return and long-term capital growth.

This Fund invests primarily in intermediate maturities of investment-grade government and corporate bonds, but also will invest in securitized debt, emerging market debt, and lower quality bonds like high yield.  The Fund may opportunistically invest in foreign issuers (including emerging market issuers), and mortgage-backed securities of any kind.  The Fund may use derivatives in order to manage the Fund’s duration, or interest rate risk. The ETF is newly formed and does not have any operating history.

Additional info:

  • Intraday NAV ticker: TCPB
  • CUSIP: 88588G208
  • Exchange: NYSE Arca
Fund management

Our seasoned team of more than 140 investment professionals brings their deep expertise to managing each fund so you can feel confident in the choices you’re making. More than 80% have at least 10 years of experience, more than 50% have more than 20 years of investment experience, and more than 80% have earned the Chartered Financial Analyst designation, an advanced degree, or both.

  • Kent L. White, CFA
    Kent L. White, CFA
    VP, Fixed Income Mutual Funds
    Managing this fund since 2025

    Mr. White is currently a Senior Portfolio Manager at Thrivent and was previously the Director of Investment Grade Research. He has been with the firm since 1999. Read more.

  • Cortney Swensen, CFA
    Cortney Swensen, CFA
    Senior Portfolio Manager
    Managing this fund since 2025

    Ms. Swensen joined Thrivent in 2011 serving as a research analyst covering investment grade corporate bonds. She became a portfolio manager in 2016. Read more.

Performance

All data represents past performance. Past performance does not guarantee future results. Investment return and principal value of the investment will fluctuate so that an investor's shares, when redeemed may be worth more or less than the original cost. A fund's performance for very short time periods may not be indicative of future performance. Market returns are based on the midpoint of the bid/ask spread at market close (typically, 4 p.m. ET) and do not represent returns an investor would receive if shares were traded at other times. Current performance may be lower or higher than the performance data quoted.

Average Annualized Returns

as of 03/31/2025
0.39% Total annual fund operating expenses
Thrivent Core Plus Bond ETF Thrivent Core Plus Bond ETF Market Price Bloomberg U.S. Aggregate Bond Index Morningstar Intermediate Core-Plus Bond Avg
Since Inception 2/19/2025 1.76% 1.96% - -
See data by:

Yields

as of 03/31/2025
12 Month Distribution
-
30 Day SEC
4.63%
Monthly Distribution
4.08%

Characteristics

All data represents past performance. Past performance does not guarantee future results. Investment return and principal value of the investment will fluctuate so that an investor's shares, when redeemed may be worth more or less than the original cost. A fund's performance for very short time periods may not be indicative of future performance. Market returns are based on the midpoint of the bid/ask spread at market close (typically, 4 p.m. ET) and do not represent returns an investor would receive if shares were traded at other times. Current performance may be lower or higher than the performance data quoted.

Holdings breakdown

as of 03/31/2025
Total number of holdings
184
Download Daily Holdings Data

Top 10 Holdings

as of 02/28/2025
45.72%
of all holdings
N/A
N/A
Security name % of total assets
U.S. Treasury Notes 6.55%
Federal Home Loan Mortgage Corporation Conventional 30-Yr. Pass Through 5.63%
Federal National Mortgage Association 5.62%
Wi Treasury Note 4.67%
U.S. Treasury Notes 4.64%
U.S. Treasury Notes 4.32%
U.S. Treasury Notes 3.76%
Federal Home Loan Mortgage Corporation 3.61%
Federal National Mortgage Association 3.57%
U.S. Treasury Bonds 3.35%

Fund Diversification

as of 03/31/2025
N/A
N/A
  • Securitized Debt
    35.03%
  • U.S. Government Bonds
    29.71%
  • Investment-Grade Corporates
    28.60%
  • High Yield Bonds
    6.50%
  • Cash
    .15%

Fixed Income characteristics

as of 03/31/2025
Duration Average Life
Thrivent Core Plus Bond ETF 6.00 8.86
Bloomberg U.S. Aggregate Bond Index 6.09 8.38

Credit quality rating distribution

as of 03/31/2025
N/A
N/A
Bond type
% of total
  • High Quality (HQ) Bonds
    87.01%
  • U.S. Government Guaranteed
    29.76%
  • AAA
    3.87%
  • AA
    22.54%
  • A
    9.88%
  • BBB
    20.96%
Bond type
% of total
  • High Yield (HY) Bonds
    6.51%
  • BB
    5.92%
  • B
    0.59%
  • CCC
    0.00%
  • CC
    0.00%
  • C
    0.00%
  • D
    0.00%
  • Non-Rated (NR) Bonds
    6.48%
  • May be HQ/HY/NR Bonds
    0.00%
  • ETFs/Closed-End Funds
    0.00%

Historical Premium/Discount

tcpb
Number Of Days At Premium
Number Of Days At Nav
Number Of Days At Discount
Download Historical Premium/Discount Data

Distributions

as of 03/31/2025
Dividends Month End Nav
February 2025 $0.0638 $50.82
March 2025 $0.1723 $50.64

Trailing 12-Months; Dividend Schedule: Declared and Paid Monthly

Capital gains - trailing 12 months

as of 03/31/2025
Record date Short term capital gains Long term capital gains Total
- - - -

Expenses

Management Fees and Other Expenses 0.39%
Total Annual Fund Operating Expenses 0.39%

Documents

Title Download View
Prospectus & Fund Documents -
Fund Commentary -
Sales Profile -

Risk

The ETF is newly formed and does not have any operating history. Debt securities may decline in price when interest rates rise and/or issuers are no longer able or willing pay their debt. Mortgage-backed and asset-backed securities are influenced by the housing market and assets underlying such securities. U.S. government securities may not be fully backed by the U.S government and issuers may not meet their payment obligations. U.S. government securities’ value may be affected by credit ratings. High yield securities are subject to credit risk and liquidity risk. Performance is influenced by several factors, including the performance of the broader market and financial sector and risks associated with foreign markets, derivatives, and specific issuers. These and other risks are described in the prospectus.

Strategy

The portfolio management team seeks to add value by actively managing sector exposure and security selection, and by monitoring risk in an effort to build a well-diversified portfolio. The team uses fundamental and other investment research techniques to determine which debt securities to buy and sell. The Adviser generally focuses on issuers that it believes are financially sound and that have strong cash flows and earnings. The Fund may use an interest-rate management technique that includes the purchase and sale of U.S. Treasury securities and related futures contracts for the purpose of managing the duration of the Fund.

Asset Management for Financial Professionals

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