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What's happening at Thrivent: Fall 2024

International builds are back

Do you want to travel internationally and help families in need of decent, safe and affordable housing? After a hiatus, Habitat and Thrivent Worldwide international builds are back in several locations: Brazil, Cambodia, Dominican Republic, El Salvador, Fiji, Guatemala, Malawi, Paraguay, Poland, Romania and Vietnam.

Together, Habitat for Humanity and Thrivent have been partnering for nearly two decades—making a powerful impact in the lives of families and communities by helping where it’s needed most.

For those interested in being a team leader to serve in one of the locations, simply fill out a team leader interest form. Team leaders will attend an online training and recruit volunteers. If you know of someone planning to lead a build, reach out to that person.

If you want to join an international team but don’t know a current leader, opportunities for individuals will be announced at a later date.

There also are domestic disaster recovery builds available in New Orleans; Marianna, Florida; Bowling Green, Kentucky; and Medford, Oregon. No special skills are required to participate on a build. All that’s needed is a generous heart and a desire to make a difference.

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Thrivent Member Network Corner

There are several opportunities for you to engage with Thrivent this fall through virtual events.

“The Washington Update,” Tuesday, Oct. 1, at noon and 8:30 p.m. CT. Jeff Bush will present a non-partisan analysis on the changing landscape in the nation’s capital and its impact on taxes, investments and retirement planning.

“Maximizing Social Security,” Tuesday, Oct. 29, at noon and 8:30 p.m. CT. Author Mary Beth Franklin shares how age, marital status and work history all matter when it comes to claiming Social Security.

Thrivent’s Market & Economic Update, Tuesday, Nov. 19, at 11:30 a.m. CT. Presented by Thrivent leaders, the forum will bring you perspective on what the latest economic trends may mean for you.

Learn more about these events. No products will be sold. Speakers Bush and Franklin are not affiliated with Thrivent; views are their own. See thrivent.com/social for additional disclosures. Find your Thrivent Member Network to see what's happening in your region.

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Thrivent Small Cap Stock Fund recognized

Thrivent has been honored as a LSEG Lipper Fund Awards US 2024 Winner for its Small Cap Stock Fund – Class S (TSCSX) over the 10-year performance period. Thrivent Asset Management, LLC is the investment adviser to the fund.

Thrivent Small Cap Stock Fund was recognized as the Best Small-Cap Core Fund out of 612 funds for its consistently strong risk-adjusted 10-year performance for the period ending Nov. 30, 2023.

“This award reflects our commitment to diligently managing our funds over the long-term in order to generate competitive investment returns for our clients so they can fulfill their goals in life,” says David Royal, chief financial and investment officer at Thrivent.

This award marks the fourth time the Thrivent Small Cap Stock Fund has been recognized by the Lipper Fund Awards. Thrivent’s overall asset management team has received a total of 32 Lipper Fund Awards since 2008.

“Our investment team maintains a rigorous investment process, which adds value through bottom-up stock selection using proprietary research and by controlling risk,” says Jim Tinucci, senior portfolio manager of Thrivent Small Cap Stock Fund. “We’re grateful for this recognition because it validates our approach and how we’ve delivered consistent, repeatable performance on behalf of our clients.”

Thrivent’s asset management team consists of more than 125 investment professionals. The funds are offered online at thriventfunds.com, as well as through Thrivent’s financial advisors and other investment professionals around the country.

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Rating agencies affirm Thrivent

S&P Global Ratings, Moody’s Ratings and AM Best recently affirmed Thrivent’s ongoing financial strength and stability.

S&P Global Ratings affirmed Thrivent’s AA+ (Very Strong) rating and stable outlook, the second highest of the agency’s 20 rating categories. The rating cites Thrivent’s distribution force, better-than-peer persistency ratio, strong competitive position and excellent capital adequacy as key strengths.

Moody’s Ratings affirmed Thrivent’s Aa2 (Excellent) rating and stable outlook, the third highest of the agency’s 21 rating categories. Moody’s cited Thrivent’s excellent financial profile, supported by strong capitalization, good financial flexibility and stable cash flow from its in-force life insurance and annuity businesses.

AM Best affirmed Thrivent’s A++ (Superior) rating and stable outlook, the highest of the agency’s 13 rating categories. The agency recognized Thrivent for continuing to maintain its balance sheet strength and stability, strong operating performance, favorable business profile and very strong enterprise risk management.

These ratings reflect Thrivent’s overall financial strength and claims-paying ability but do not apply to the investment performance of investment products.

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Cast your vote in annual board elections

Each year, Thrivent clients with membership have a voice in how Thrivent is led at the national and/or regional levels. This year’s elections open on Oct. 8 and close Nov. 26.

On the national board of directors, three positions are open for election. There are eight valid nominations, including three incumbents. There also will be elections for 22 Thrivent Member Network regional boards.

Biographies of the nominated candidates at the national level are included in election materials that eligible clients receive either by mail or email, depending on the preference selected for receiving this information. If you’re in a region holding an election, the regional board election materials will be included with your election packet.

To participate, review the candidate bios to select the candidates to represent you, who you feel have the skills and abilities to guide Thrivent. Finally, return your ballot or vote online between Oct. 8 and Nov. 26.

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Sign up for eDelivery today

Do you wish you could receive reports, billing notices, statements, tax forms, the magazine and more from Thrivent electronically? With thrivent.com, you can!

Choosing eDelivery gives you access to what you need anytime and reduces clutter at home. You’ll receive an email notification when a new document becomes available online. You then can log in to thrivent.com and view, print or save the information.

To quickly choose eDelivery for most Thrivent communications, just click on “How to enroll” and follow the four easy steps.

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The Lipper Fund Awards Methodology:
The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is an objective, quantitative, risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data used to calculate the awards, their accuracy is not guaranteed.

Past performance is not necessarily indicative of future results. 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. Prospectuses and summary prospectuses are available at thriventfunds.com or by calling 800-521-5308.

The distributor for Thrivent Mutual Funds is Thrivent Distributors, LLC, a registered broker-dealer and member FINRA/SIPC. Thrivent Asset Management, LLC, an SEC-registered investment adviser, serves as the investment adviser for the Thrivent Mutual Funds. Thrivent financial advisors are registered representatives of Thrivent Investment Management Inc., an SEC-registered investment adviser, a broker-dealer, and a member FINRA/SIPC. Investment advisory services are only offered through appropriately credentialed financial advisors. Visit thrivent.com or FINRA’s BrokerCheck for more information about Thrivent’s financial advisors. All entities are subsidiaries of Thrivent, the marketing name for Thrivent Financial for Lutherans.

Member benefits and programs are not guaranteed contractual benefits. The interpretation of the provisions of these benefits and programs is at the sole discretion of Thrivent. Membership benefits are reviewed and evaluated regularly. Thrivent reserves the right to change, modify, discontinue, or refuse to provide any of the membership benefits or any part of them, at any time.

You should never purchase or keep insurance or annuity products to be eligible for nonguaranteed membership benefits. You should only purchase and keep insurance and annuity products that best meet the financial security needs of you and your family. Consider the cost, features, and benefits of specific insurance and/or annuity products.

These ratings reflect Thrivent's overall financial strength and claims-paying ability but do not apply to the investment performance of investment products.
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