Now leaving ThriventFunds.com

 

You're about to visit a site that is neither owned nor operated by Thrivent Asset Management.

In the interest of protecting your information, we recommend you review the privacy policies at your destination site.

Financial Professional Site Registration

Complete this form to get full access to the entire financial professional site.

By clicking “Register”, you agree to our privacy and security policies and that you are a financial professional.

Access will be granted immediately, but the registration process may take up to 5 business days to complete.

Thank you for registering

You can now enjoy all financial professional content.

If your download does not start automatically, click here.

An error occurred

Please check back later.

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

Market Cap & Style

Large
Mid
Small
Value
Blend
Growth
Inception date
10/29/1999
As of
Net asset value
-
Daily NAV change
-
As of N/A
YTD return
-33.70%
1-year return
-33.70%
As of 12/30/2022
Net annual fund operating expenses
0.73%
As of
Sales charge
None
As of
Contact a consultant

Connect with wholesalers serving regional and national accounts.

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 companies across the growth spectrum. 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 130 investment professionals brings their deep expertise to managing each fund so you can feel confident in the choices you’re making. More than 75% have at least 10 years of experience, more than 45% 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.

  • Jaimin Soni
    Jaimin Soni
    Senior Portfolio Manager
    Managing this fund since 2022

    Mr. Soni joined Thrivent in 2019, serving as a senior portfolio manager. 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 12/30/2022
0.73% Total annual fund operating expenses
See data by:

Growth of 10K

as of 12/30/2022
$32,318
Total market value
$11,670
Current value of reinvested dividends and capital gains

Calendar year performance

as of 12/30/2022

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 12/30/2022
Total number of holdings
49
Turnover ratio (as of 11/30/2022)
59%

Top 10 Holdings

as of 11/30/2022
45.51%
of all holdings
N/A
N/A
Security name % of total assets
Microsoft Corporation 9.74%
Amazon.com, Inc. 6.73%
Alphabet, Inc., Class C 6.40%
Apple, Inc. 4.55%
NVIDIA Corporation 4.13%
Tesla, Inc. 3.90%
NIKE, Inc. 2.67%
Danaher Corporation 2.60%
ServiceNow, Inc. 2.41%
S&P Global, Inc. 2.38%

Fund Diversification

as of 12/30/2022
N/A
N/A
  • Information Technology
    32.26%
  • Health Care
    15.77%
  • Consumer Discretionary
    13.54%
  • Communication Services
    10.22%
  • Financials
    7.85%
  • Industrials
    6.96%
  • Consumer Staples
    3.90%
  • Cash
    3.48%
  • Energy
    2.62%
  • Materials
    1.99%
  • Real Estate
    .89%
  • Utilities
    .50%

Equity characteristics

as of 12/30/2022
P/E Ratio Return on Equity
Thrivent Large Cap Growth Fund 21.56 26.58%
S&P 500® Index 19.12 27.80%

Beta

as of 12/30/2022
THLCX
1.07
R2=33%
Lower than benchmark
S&P 500 1.0
Higher than benchmark

Volatility

as of 12/30/2022
Standard deviation Average annualized returns
Thrivent Large Cap Growth Fund 24.31 5.11
S&P 500® Index 21.17 7.66

Ratings


Morningstar

as of 12/31/2022
Category: Large Growth
Morningstar Information
Funds in category
Overall
1,131
3-Year
1,131
5-Year
1,054
10-Year
804
Risk vs. category
Above Average
1,131
Return vs. category
Average
1,131

Morningstar ratings are calculated based on risk-adjusted return.

Equity Style Map
Large
Mid
Small
Value
Blend
Growth
Weighted average of holdings
75% of fund's stock holdings

Distributions

as of 12/30/2022
Dividends Month End Nav
January 2022 $0.0000 $18.49
February 2022 $0.0000 $17.68
March 2022 $0.0000 $18.39
April 2022 $0.0000 $15.82
May 2022 $0.0000 $15.10
June 2022 $0.0000 $13.84
July 2022 $0.0000 $15.61
August 2022 $0.0000 $14.83
September 2022 $0.0000 $13.45
October 2022 $0.0000 $13.91
November 2022 $0.0000 $14.47
December 2022 $0.0000 $12.43

Trailing 12-Months; Dividend Schedule: Paid Annually


Capital gains - trailing 12 months

as of 12/30/2022
Record date Short term capital gains Long term capital gains Total
12/14/2022 - $0.9933 $0.9933

Expenses, fees, and charges

Management Fees and Other Expenses 0.73%
Total Annual Fund Operating Expenses 0.73%
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 -

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

Strategy

The portfolio management team seeks to add value through stock selection and active management, while monitoring risk in the 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 and ESG considerations 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. A non-diversified portfolio is generally more susceptible to the risk that events or developments affecting a particular issuer or industry will significantly affect performance results. These and other risks are described in the prospectus.

Asset Management for Financial Professionals


Thrivent Logo