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Thrivent Global Stock Fund —
Class S
IILGX
IILGX
Thrivent Global Stock Fund
Class
S
A
Morningstar Rating
World Large-Stock Blend
Overall among 277 funds as of
05/31/2021
Morningstar ratings are calculated based on risk-adjusted return.
Risk profile
Conservative Aggressive
Target allocation
55% U.S.
45% Non-U.S.
Inception date
12/29/1997
As of
Net asset value
N/A
Daily NAV change
$N/A
As of N/A
YTD return
12.23%
1-year return
42.45%
As of 05/28/2021
Net annual fund operating expenses
0.66%
As of
Sales charge
None
As of

Thrivent Global Stock Fund seeks long-term capital growth.

This fund is a well-diversified portfolio of global securities, which may include companies from all countries including the United States. This fund looks to provide investors with consistent, competitive performance through favorable stock selection while monitoring risk. The Fund typically invests in a globally-diversified portfolio that includes a combination of both large-cap “growth” stocks and “value” stocks. Growth stocks are companies whose earnings are expected to grow at an above-average rate relative to the market. Value stocks are companies that trade at a lower price compared to the market average, as measured by valuation ratios that compare the stock’s price to the company’s earnings and growth trends. Large companies are generally considered to be more stable, but may not have the fast growth potential of smaller companies or the ability to respond as quickly to competitive challenges and changing market conditions.

Strategy

The Fund invests at least 80% of its net assets in equity securities of domestic and international companies and invests at least 40% of net assets in foreign assets under normal market conditions. The portfolio management team seeks to add value through stock selection and active management, and monitors risk in an effort to build a well-diversified, global portfolio. The team uses fundamental, quantitative, and technical investment research techniques to identify and purchase financially-sound companies that appear to have strong, long-term growth prospects and capable management teams.

Risk

Large companies may be unable to respond quickly to new competitive challenges and may not be able to attain a high growth rate. The Fund’s value is influenced by a number of factors, including the performance of the broader market, the effectiveness of the Adviser’s allocation strategy, and risks specific to the Fund’s asset classes, market cap groups, investment styles, and issuers. Foreign investments involve additional risks, such as currency fluctuations and political, economic and market instability, which may be magnified for investments in emerging markets. Markets may also be impacted by domestic or global events, including public health threats, terrorism, natural disasters or similar events. The use of quantitative investing techniques and derivatives such as futures also involve risks. The Adviser's assessment of investments may prove incorrect, resulting in losses or poor performance. These and other risks are described in the prospectus.

The Fund may be suitable for investors who:

  • Seek long-term growth
  • Have a long-term investment time horizon and a moderately aggressive risk tolerance
  • Are able to withstand a moderately high level of risk and volatility in pursuit of moderately-high long-term returns
Fund management

Our seasoned team of more than 125 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, over 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.

  • Kurt J. Lauber, CFA
    Kurt J. Lauber, CFA
    Senior Portfolio Manager
    Managing this fund since 2013

    Mr. Lauber joined Thrivent in 2004. He has previously served as an associate portfolio manager. Read more.

  • Lauri Brunner
    Lauri Brunner
    Senior Portfolio Manager
    Managing this fund since 2018

    Ms. Brunner joined Thrivent in 2007 serving as a research analyst covering large cap consumer discretionary and consumer staples companies. Read more.

  • Noah J. Monsen, CFA
    Noah J. Monsen, CFA
    Senior Portfolio Manager
    Managing this fund since 2018

    Mr. Monsen has been with Thrivent since 2000 and has served in an investment management capacity since 2008. Read more.

  • David Spangler, CFA
    David Spangler, CFA
    Head of Mixed Asset and Market Strategies
    Managing this fund since 2019

    Mr. Spangler joined Thrivent in 2002 serving as Director of Thrivent’s Investment Product Management group. Read more.


Performance

Performance data cited represents past performance and should not be viewed as an indication of 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. Current performance may be lower or higher than the performance data quoted.


Average Annualized Returns

as of 05/28/2021
0.66% Total annual fund operating expenses
See data by:

Growth of 10K

as of 05/28/2021
Data in this section is based on month-end
$26,950
Total market value
(assumes the reinvestment of all dividends and capital gains)
$13,905
Current value of reinvested dividends and capital gains

Calendar year performance

as of 05/28/2021

Characteristics

Performance data cited represents past performance and should not be viewed as an indication of 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. Current performance may be lower or higher than the performance data quoted.


Holdings breakdown

as of 05/28/2021
Total number of holdings
1318
Turnover ratio (as of 04/30/2021)
63.00%

Top 10 Holdings

as of 04/30/2021
14.51%
of all holdings
N/A
N/A
Security name % of total assets
Thrivent Core Emerging Markets Equity Fund 3.47%
Amazon.com, Inc. 2.20%
Microsoft Corporation 1.98%
Apple, Inc. 1.50%
Alphabet, Inc., Class A 1.49%
PayPal Holdings, Inc. 0.94%
Facebook, Inc. 0.93%
Mastercard, Inc. 0.75%
ASML Holding NV 0.63%
Adobe, Inc. 0.62%

Fund Diversification

as of 03/31/2021
N/A
N/A
  • Information Technology
    20.70%
  • Financials
    15.60%
  • Consumer Discretionary
    13.50%
  • Industrials
    12.50%
  • Health Care
    11.50%
  • Communication Services
    8.30%
  • Consumer Staples
    4.80%
  • Materials
    4.80%
  • Energy
    3.60%
  • Real Estate
    3.00%
  • Utilities
    1.70%

Equity characteristics

as of 05/28/2021
P/E Ratio Return on Equity
Thrivent Global Stock Fund 23.30 14.50%
S&P 500® Index 26.34 22.88%

Global Characteristics

as of 05/28/2021
World Economic Classification
Developed International 33.3%
Emerging Markets 6.2%
Other 0.0%
Frontier Markets 0.0%
United States 60.5%
Top Five Countries (77.7% of fund)
United States 60.5%
Japan 5.8%
France 4.5%
Germany 3.6%
United Kingdom 3.3%

Beta

as of 05/28/2021
IILGX (this fund)
1.0
R2=96%
Lower than benchmark
S&P 500 1.0
Higher than benchmark

Volatility

as of 05/28/2021
Depending on the fund inception date, some data may not be available.
Standard deviation Average annualized returns
Thrivent Global Stock Fund 18.86 12.06
S&P 500® Index 18.52 18.00

Ratings

Morningstar

as of 05/28/2021
Category: World Large-Stock Blend
Morningstar Information
Check out our funds that received 4- or 5-Star Overall Morningstar RatingTM
Funds in category
Overall
277
3-Year
277
5-Year
236
10-Year
142
Risk vs. category
Above Average
277
Return vs. category
Above Average
277
Equity Style Map
Large
Mid
Small
Value
Blend
Growth
Weighted average of holdings
75% of fund's stock holdings

Morningstar ratings are calculated based on risk-adjusted return.


Distributions

as of 05/28/2021
Dividends Month End Nav
June 2020 $0.0000 $23.08
July 2020 $0.0000 $24.10
August 2020 $0.0000 $25.54
September 2020 $0.0000 $24.85
October 2020 $0.0000 $24.14
November 2020 $0.0000 $27.16
December 2020 $0.2716 $27.56
January 2021 $0.0000 $27.33
February 2021 $0.0000 $28.35
March 2021 $0.0000 $29.05
April 2021 $0.0000 $30.48
May 2021 $0.0000 $30.93

Trailing 12-Months; Dividend Schedule: Paid Annually


Capital gains - trailing 12 months

as of 05/28/2021
Record date Short term capital gains Long term capital gains Total
12/09/2020 - $0.6349 $0.6349

Expenses, fees, and charges

Management Fees and Other Expenses 0.66%
Distribution/12b-1 Fee None
Total Annual Fund Operating Expenses 0.66%
Redemption Fee None
Transaction Fee None
Low Balance Fee $10 Semiannually
Front-End Sales Charge None
Back-End Sales Charge None

Minimum investment

Initial for non-retirement accounts $2,000
Initial for retirement or tax deferred accounts $1,000
Additional Purchases $50
Initial minimums are waived when a recurring investment of $50 or more is set up

Documents

Title Download View
Prospectus & Fund Documents -
Fund Facts -
Fund Commentary -
Sales Profile -
Schedule of Investment -
Annual Proxy Voting -