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Investing involves risks, including the possible loss of principal. The prospectus and summary prospectus contain more complete information on the investment objectives, risks, charges and expenses of the fund, and other information, which investors should read and consider carefully before investing. Download Thrivent Mutual Funds, Thrivent ETFs, and Thrivent Variable Portfolios prospectuses, and when available summary prospectuses, or call 800-521-5308.

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Thrivent Distributors, LLC, member FINRA, is the distributor for Thrivent Mutual Funds, Thrivent Variable Portfolios, and the marketing agent for Thrivent ETFs. ALPS Distributors, Inc., member FINRA, is the distributor for Thrivent ETFs. Asset management services for the Thrivent Mutual Funds and Thrivent ETFs are provided by Thrivent Asset Management, LLC, an SEC-registered investment adviser. Thrivent, an SEC-registered investment adviser, provides asset management services for the Thrivent Variable Portfolios. Thrivent Distributors, LLC, and Thrivent Asset Management, LLC are subsidiaries of Thrivent, the marketing name for Thrivent Financial for Lutherans. ALPS Distributors, Inc. is not affiliated with Thrivent or any of its subsidiaries.

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