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Thrivent Large Cap Growth Fund —
Class A
AAAGX
AAAGX
Thrivent Large Cap Growth Fund
Class
S
A
Risk profile
Conservative Aggressive

Market Cap & Style

Large
Mid
Small
Value
Blend
Growth
Inception date
10/29/1999
As of
Public offering price
N/A
Net asset value
N/A
Daily NAV change
$N/A
As of N/A
YTD return with sales charge
15.16%
1-year return with sales charge
20.85%
As of 08/31/2021
Net annual fund operating expenses
1.08%
As of
Max sales charge
4.50%
As of

Thrivent Large Cap Growth Fund seeks to achieve long-term capital appreciation.

This fund looks to provide investors with consistent, competitive performance through favorable stock selection while monitoring risk. The Fund typically invests in large company “growth” stocks. Growth stocks are companies whose earnings are expected to grow at an above-average rate relative to the market. 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:

  • 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.

  • 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.


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 08/31/2021
1.08% Net annual fund operating expenses
1.12% Total annual fund operating expenses
See data by:

The Adviser has contractually agreed, for a period of one year from the date of the most recent prospectus, to waive certain fees and/or reimburse certain expenses associated with the Fund. Refer to the Fees & Expenses table in the Fund’s prospectus. If this waiver had not been in effect, performance would have been lower.

The average annualized returns for the fund reflect the current maximum sales charge of 4.5%.


Growth of 10K

as of 08/31/2021
Data in this section is based on month-end
$54,338
Total market value
(assumes the reinvestment of all dividends and capital gains)
$16,040
Current value of reinvested dividends and capital gains

Calendar year performance

as of 08/31/2021

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 08/31/2021
Total number of holdings
44
Turnover ratio (as of 07/30/2021)
41.00%

Top 10 Holdings

as of 07/30/2021
55.28%
of all holdings
N/A
N/A
Security name % of total assets
Amazon.com, Inc. 8.84%
Microsoft Corporation 8.69%
Alphabet, Inc., Class A 7.94%
Apple, Inc. 7.46%
Facebook, Inc. 4.71%
PayPal Holdings, Inc. 4.55%
Mastercard, Inc. 3.50%
NVIDIA Corporation 3.36%
Adobe, Inc. 3.35%
Square, Inc. 2.88%

Fund Diversification

as of 06/30/2021
N/A
N/A
  • Information Technology
    40.14%
  • Consumer Discretionary
    17.21%
  • Communication Services
    16.37%
  • Health Care
    13.48%
  • Financials
    5.78%
  • Industrials
    5.03%
  • Cash
    1.46%
  • Consumer Staples
    .54%

Equity characteristics

as of 08/31/2021
P/E Ratio Return on Equity
Thrivent Large Cap Growth Fund 41.30 26.50%
S&P 500® Index 25.59 23.83%

Beta

as of 08/31/2021
AAAGX (this fund)
1.02
R2=89%
Lower than benchmark
S&P 500 1.0
Higher than benchmark

Volatility

as of 08/31/2021
Depending on the fund inception date, some data may not be available.
Standard deviation Average annualized returns (without sales charge)
Thrivent Large Cap Growth Fund 20.09 23.56
S&P 500® Index 18.48 18.07

Ratings


Morningstar

as of 08/31/2021
Category: Large Growth
Morningstar Information
Funds in category
Overall
1,128
3-Year
1,128
5-Year
1,020
10-Year
760
Risk vs. category
Above Average
1,128
Return vs. category
Average
1,128
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 08/31/2021
Dividends Month End Nav Month End Pop
September 2020 $0.0000 $15.11 $15.82
October 2020 $0.0000 $14.42 $15.10
November 2020 $0.0000 $15.88 $16.63
December 2020 $0.0000 $15.31 $16.03
January 2021 $0.0000 $15.14 $15.85
February 2021 $0.0000 $15.50 $16.23
March 2021 $0.0000 $15.49 $16.22
April 2021 $0.0000 $16.63 $17.41
May 2021 $0.0000 $16.32 $17.09
June 2021 $0.0000 $17.42 $18.24
July 2021 $0.0000 $17.86 $18.70
August 2021 $0.0000 $18.46 $19.33

Trailing 12-Months; Dividend Schedule: Paid Annually


Capital gains - trailing 12 months

as of 08/31/2021
Record date Short term capital gains Long term capital gains Total
12/09/2020 - $1.1851 $1.1851

Expenses, fees, and charges

Management Fees and Other Expenses 0.870%
Distribution/12b-1 Fee 0.25%
Total Annual Fund Operating Expenses 1.12%
Less Waiver (0.04%)
Net Annual Fund Operating Expenses 1.08%
Redemption Fee None
Transaction Fee None
Low Balance Fee $10 semiannually
Front-End Sales Charge Max 4.50%
Back-End Sales Charge None

The Adviser has contractually agreed, for a period of one year from the date of the most recent prospectus, to waive certain fees and/or reimburse certain expenses associated with the Fund. Refer to the Fees & Expenses table in the Fund’s prospectus. If this waiver had not been in effect, performance would have been lower.


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 -
Sales Profile -
Schedule of Investment -
Annual Proxy Voting -

Due to rounding, some values may not total 100%.

Strategy

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 portfolio. Analysts identify securities that they believe may provide strong, long-term, organic growth opportunities, or that are uniquely positioned within the industry. Each analyst uses a proprietary research process, considering the factors and characteristics that are most relevant for each industry. The analyst team’s “best ideas” in each sector are presented to the portfolio management team as candidates for the portfolio. The Fund’s portfolio managers are responsible for portfolio construction and risk management. Variances in the portfolio’s sector weightings compared to the benchmark are minimized in an effort to ensure that stock selection is the primary source of excess return.

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, and risks specific to the Fund’s asset classes, investment styles, and issuers. Common stocks of companies that rely extensively on technology, science or communications in their product development or operations may be more volatile than the overall stock market and may or may not move in tandem with the overall stock market. Markets may also be impacted by domestic or global events, including public health threats, terrorism, natural disasters or similar events. The Adviser's assessment of investments may prove incorrect, resulting in losses or poor performance. Foreign investments involve additional risks, such as currency fluctuations and political, economic and market instability, which may be magnified for investments in emerging markets. These and other risks are described in the prospectus.