Thrivent Mid Cap Growth Fund Class S (TMCGX)

Overview

The company is a financial entity that manages an investment fund focused on a diversified portfolio of debt securities. Its investment strategy encompasses a wide array of debt instruments that vary in maturity and credit quality. The fund is distinct in its inclusion of high yield, high risk bonds which are often referred to as "junk bonds." These are bonds that carry a higher risk of default but offer potentially higher returns. The debt securities targeted by the fund come with a rating below BBB- by Standard & Poor's or Baa3 by Moody's. Securities that are not rated are still considered, provided they are deemed of comparable quality by the Adviser. The fund's approach is designed to cater to investors looking for higher income opportunities, despite the associated higher risks.

Products and Services

• High Yield, High Risk Bonds

  The fund's portfolio prominently features high yield, high risk bonds, also known as junk bonds. These are debt securities that offer higher interest rates because they have lower credit ratings compared to more secure, investment-grade bonds. The fund seeks to capitalize on the potentially higher returns that these bonds can provide, despite their increased risk of default.

• Debt Securities of Various Maturities

  Debt securities within the fund's portfolio cover a wide range of maturities, from short-term notes to longer-term bonds and debentures. This diversity allows the fund to cater to various investment horizons and risk appetites, balancing the portfolio to achieve targeted returns over different periods.

• Credit Quality Diversification

  The fund invests in debt obligations across the spectrum of credit qualities, including those rated below investment grade. The inclusion of such a wide array of credit qualities enables the fund to diversify its credit risk while aiming to enhance the potential for income.