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 companies across the growth and value spectrums. 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.
The Fund may be suitable for investors who:
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.
Mr. Lauber joined Thrivent in 2004. He has previously served as an associate portfolio manager. Read more.
Ms. Brunner joined Thrivent in 2007 serving as a research analyst covering large cap consumer discretionary and consumer staples companies. Read more.
Mr. Monsen has been with Thrivent since 2000 and has served in an investment management capacity since 2008. Read more.
Mr. Spangler joined Thrivent in 2002 serving as Director of Thrivent’s Investment Product Management group. Read more.
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. Current performance may be lower or higher than the performance data quoted.
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. Current performance may be lower or higher than the performance data quoted.
Total Number of Holdings
The number of different investment products that make up a fund’s portfolio.
Turnover Ratio
The percentage of a fund’s holdings over the trailing 12 months that have been traded out or replaced with other holdings. The turnover ratio is calculated by dividing the lesser of long-term purchases or long-term sales by average long-term market value.
Top 10 Holdings
A fund’s top 10 holdings by percentage of the total assets. This excludes derivatives and cash that a fund may hold. Holdings are subject to change without notice. (Updated monthly with 30-day lag)
Security name | % of total assets |
---|---|
Thrivent Core Emerging Markets Equity Fund | 2.81% |
Microsoft Corporation | 1.97% |
Thrivent Core Small Cap Value Fund | 1.95% |
Amazon.com, Inc. | 1.53% |
NVIDIA Corporation | 1.42% |
Meta Platforms, Inc. | 1.31% |
Alphabet, Inc., Class C | 1.27% |
Apple, Inc. | 0.97% |
SPDR S&P 500 ETF Trust | 0.89% |
QUALCOMM, Inc. | 0.72% |
Fund Diversification
The market sector breakdown by percentage that makes up a fund’s portfolio. (Updated quarterly)
Equity Characteristics
Statistics shown below are compared to the S&P 500® Index. The benchmark is intended to provide a comparison to the broad U.S. large cap stock market, and may not be representative of a fund's investment strategies and holdings.
Price to Earnings Ratio (P/E) — A valuation ratio of a company's current share price compared to its earnings per-share, calculated by dividing the market value per share by its trailing 12-month earnings.
Return on Equity (ROE) — A measure of corporate profitability that shows how much net income the companies in the portfolio have generated as a percentage of shareholder equity.
Any indexes shown are unmanaged and do not reflect the typical costs of investing. Investors cannot invest directly in an index.
The S&P 500® Index is a market-cap weighted index that represents the average performance of a group of 500 large-capitalization stocks.
P/E Ratio | Return on Equity | |
---|---|---|
Thrivent Global Stock Fund | 20.05 | 20.69% |
S&P 500® Index | 26.13 | 28.54% |
A fund's various global categorizations of its holdings.
Data is based on country of domicile. Some companies may be domiciled in offshore locations that may not reflect the primary place of business. Developed International holdings may include exposure to emerging market securities that are listed in a developed market, such as mainland China holdings that are listed in Hong Kong.
World Economic Classification | |
---|---|
Developed International | 30.35% |
Emerging Markets | 4.00% |
Frontier Markets | 0.03% |
United States | 65.61% |
Top Five Countries (81.82% of fund) | |
---|---|
United States | 65.61% |
Japan | 6.41% |
United Kingdom | 4.28% |
Canada | 2.98% |
Switzerland | 2.54% |
A comparison chart of the Fund to the S&P 500® over the past three years. The benchmark is intended to provide a comparison to the broad U.S. large cap stock market, and may not be representative of a fund’s investment strategies and holdings. Beta is a statistical measure of the volatility, or market risk, of an investment compared to a benchmark. This chart also shows R-Squared, which helps indicate how meaningful the comparison may be.
Beta – A beta of 1.0 indicates that a fund’s price would generally move with the market. A beta of greater than 1.0 indicates a fund is more volatile than the market, while a beta of less than 1.0 indicates a fund is typically less volatile than the market. For example, a beta of 1.2 would indicate that a fund is generally 20% more volatile than the broad U.S. large cap stock market, while a beta of 0.8 would indicate that a fund is generally 20% less volatile than the market.
R2 – R-Squared (or correlation squared) is used to indicate what percentage, from 0% to 100%, of the variation in a fund’s return can be explained by the benchmark returns. It is used to help measure how similar a fund is to the benchmark and how appropriate the benchmark is for other statistical comparisons. The lower the R2, the less meaningful statistics such as Beta will be.
Standard Deviation
Measures risk by showing how much a fund fluctuates relative to its average return over a period of time.
Average Annualized Returns
These returns, also known as trailing returns, illustrate the average annual fund performance over a specific time period, including capital appreciation as well as reinvested dividend and capital gain distributions.
Any indexes shown are unmanaged and do not reflect the typical costs of investing. Investors cannot invest directly in an index.
The S&P 500® Index is a market-cap weighted index that represents the average performance of a group of 500 large-capitalization stocks.
Standard deviation | Average annualized returns (without sales charge) | |
---|---|---|
Thrivent Global Stock Fund | 17.28 | 6.72 |
S&P 500® Index | 17.60 | 11.49 |
Standard deviation | Average annualized returns (without sales charge) | |
---|---|---|
Thrivent Global Stock Fund | 18.51 | 10.02 |
S&P 500® Index | 18.37 | 15.05 |
Standard deviation | Average annualized returns (without sales charge) | |
---|---|---|
Thrivent Global Stock Fund | 15.30 | 8.13 |
S&P 500® Index | 15.16 | 12.96 |
© 2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.
A high rating does not necessarily imply that a fund had the best total performance or that the fund achieved positive results for that period. Morningstar rating is for the named share class only; other classes may have difference performance characteristics. Please see the Performance section for results as of the most recent month- and quarter-end.
Overall Risk vs Category
An assessment of the variations in a fund's monthly returns in comparison to similar funds, with an emphasis on downward variation. The greater the variation, the larger the risk score. If two funds have the exact same return, the one with greater variations in its return is given the larger risk score. In each Morningstar Category, the 10% of funds with the lowest measured risk are described as Low Risk, the next 22.5% Below Average, the middle 35% Average, the next 22.5% Above Average, and the top 10% High. Morningstar Risk is measured for up to three time periods (three-, five-, and 10-years). These separate measures are then weighted and averaged to produce an overall measure for the fund. The score shown is the overall measure. Funds with less than three years of performance history are not rated.
Overall Return vs Category
An assessment of a fund's excess return over a risk-free rate (the return of the 90-day Treasury bill) in comparison to similar funds, with an emphasis on downward variation. Therefore, if two funds have precisely the same return, the one with greater variations in its return is given the lower return score. In each Morningstar Category, the top 10% of funds earn a High Morningstar Return, the next 22.5% Above Average, the middle 35% Average, the next 22.5% Below Average, and the bottom 10% Low. Morningstar Return is measured for up to three time periods (three-, five-, and 10-years). These separate measures are then weighted and averaged to produce an overall measure for a fund. The score shown is the overall measure. Funds with less than three years of performance history are not rated.
Morningstar ratings are calculated based on risk-adjusted return.
Thrivent Global Stock Fund appeared as a large market-cap style, blend investment style fund on the Morningstar Style Box™ as of 01/31/2024.
The Morningstar Style Box™ reveals a fund’s investment strategy. For equity funds, the vertical axis of the Equity Style Map shows the market capitalization of the stocks owned (large, medium, or small) and the horizontal axis shows investment style (value, blend, or growth).
Dividends | Month End Nav | Month End Pop | |
---|---|---|---|
April 2023 | $0.0000 | $24.18 | $25.32 |
May 2023 | $0.0000 | $23.83 | $24.95 |
June 2023 | $0.0000 | $25.38 | $26.58 |
July 2023 | $0.0000 | $26.26 | $27.50 |
August 2023 | $0.0000 | $25.52 | $26.72 |
September 2023 | $0.0000 | $24.50 | $25.65 |
October 2023 | $0.0000 | $23.77 | $24.89 |
November 2023 | $0.0000 | $25.84 | $27.06 |
December 2023 | $0.4412 | $25.82 | $27.04 |
January 2024 | $0.0000 | $25.99 | $27.21 |
February 2024 | $0.0000 | $27.10 | $28.38 |
March 2024 | $0.0000 | $27.95 | $29.27 |
Trailing 12-Months; Dividend Schedule: Paid Annually
A capital gain is a profit that a fund realizes by selling securities for a price higher than at which they were purchased.
Short-Term Capital Gain Distributions
Capital gains paid on assets held by a fund for one year or less.
Long-Term Capital Gain Distributions
Capital gains paid on assets held by a fund for more than one year.
Record date | Short term capital gains | Long term capital gains | Total |
---|---|---|---|
12/13/2023 | - | $0.9804 | $0.9804 |
Due to rounding, some values may not total 100%.