Thrivent Variable Portfolios
Products designed for accumulation, distribution & diversification
Designed for various objectives within an investor’s portfolio, our active- and passively-managed variable portfolios offer unique choices that may align with an investor’s goals. Our offering includes 6 asset allocation portfolios, 5 equity index portfolios, 13 equity portfolios, 5 fixed income portfolios and 1 money market portfolio.
About our organization
The variable portfolios in Thrivent Series Fund, Inc. are brought to you by Thrivent, a membership-owned fraternal organization as well as a holistic financial services organization, providing financial advice, investments, insurance, banking and generosity programs to help people make the most of all they’ve been given.
Thrivent is a Fortune 500 company with more than $212.3 billion in assets under management/advisement (as of 12/31/2025)1
For the last 15 years, Thrivent has been named as one of the World’s Most Ethical Companies®. In 2026, Thrivent was one of only six honorees in the financial services industry.2
Expertise
Our variable portfolios are expertly managed by our team of more than 145 investment professionals. It’s not just the size of our team, but the depth of experience that we believe matters.
More than 85%
have at least 10 years of experience
More than 50%
have more than 20 years of investment experience
More than 80%
hold the Chartered Financial Analyst designation and/or an advanced degree
Investment capabilities
We offer more than 25 variable portfolios designed to meet a variety of investor needs by spanning asset classes, geographies, and investing styles:
Asset Allocation Portfolios
All-in-one portfolios of diversified stocks and bonds tailored to specific risk tolerances for long-term goals.
Equity Portfolios
Domestic and/or international stock investments for those who are focused on asset growth and portfolio customization.
Fixed Income Portfolios
A reduced risk option featuring portfolios that may be less volatile than equity portfolios yet just as useful for portfolio customization.
Asset Allocation Portfolios
All-in-one portfolios of diversified stocks and bonds tailored to specific risk tolerances for long-term goals.
Equity Portfolios
Domestic and/or international stock investments for those who are focused on asset growth and portfolio customization.
Fixed Income Portfolios
A reduced risk option featuring portfolios that may be less volatile than equity portfolios yet just as useful for portfolio customization.
Investment goals & philosophy
Thrivent strives to manage the portfolios with the following goals:
Achieve long-term investment success by focusing on in-depth, proprietary research in asset allocation, portfolio management and security selection.
Combine fundamental, technical & quantitative research perspectives with active investment management to achieve investment success.
Maintain consistency in investment processes, while accommodating change that is necessary in dynamic capital markets.
Generate strong long-term performance without wide variability in short-term returns, while providing style consistency in managing portfolios in various asset classes.
Portfolio overviews
Learn more about our strategies, processes, performance and other important information in the sales profiles and fact sheets. Thrivent variable portfolios are only available to the public through a variable life or variable annuity contract. Contact the applicable insurance company for more information and a contract prospectus which will include information on the additional charges and fees that apply to the specific contract.
1 As of 12/31/2025. Includes the Thrivent General Account (which manages surplus and the assets backing our life insurance, fixed annuity and health products), variable subaccount portfolios (primarily connected to variable annuities and variable universal life insurance), funds (including open-end and exchange traded funds) and other assets related to our affiliates and other subsidiaries.
2 Thrivent was named as one of the “World’s Most Ethical Companies” by Ethisphere. “World’s Most Ethical Companies” and “Ethisphere” names and marks are registered trademarks of Ethisphere LLC. For details, visit worldsmostethicalcompanies.com.
For financial professionals
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