Thrivent High Yield Fund Quote

LBHIX Fund  USD 4.15  0.01  0.24%   

Performance

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Odds Of Distress

Less than 21

 
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Thrivent High is trading at 4.15 as of the 23rd of May 2024; that is -0.24 percent decrease since the beginning of the trading day. The fund's open price was 4.16. Thrivent High has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Thrivent High Yield are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of April 2024 and ending today, the 23rd of May 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its net assets in high yield, high risk bonds, notes, debentures and other debt obligations , or preferred stocks. These securities are commonly known as junk bonds. More on Thrivent High Yield

Moving together with Thrivent Mutual Fund

  0.9TWAAX Thrivent Partner WorPairCorr
  0.9TWAIX Thrivent Partner WorPairCorr
  0.79THLCX Thrivent Large CapPairCorr
  0.8THLIX Thrivent Limited MaturityPairCorr
  0.86THMAX Thrivent ModeratePairCorr
  0.85THMBX Thrivent High IncomePairCorr
  0.91THYFX Thrivent DiversifiedPairCorr

Thrivent Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Thrivent High's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Thrivent High or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationThrivent Funds, Large Funds, High Yield Bond Funds, High Yield Bond, Thrivent Funds, Large, High Yield Bond (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date28th of February 2023
Fiscal Year EndOctober
Thrivent High Yield [LBHIX] is traded in USA and was established 23rd of May 2024. Thrivent High is listed under Thrivent Funds category by Fama And French industry classification. The fund is listed under High Yield Bond category and is part of Thrivent Funds family. This fund now has accumulated 674.44 M in assets with minimum initial investment of 2 K. Thrivent High Yield is currently producing year-to-date (YTD) return of 1.48% with the current yeild of 0.06%, while the total return for the last 3 years was 1.65%.
Check Thrivent High Probability Of Bankruptcy

Instrument Allocation

Top Thrivent High Yield Mutual Fund Constituents

JNKSPDR Bloomberg HighEtfHigh Yield Bond
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Thrivent High Top Holders

TCAAXThrivent Moderately ServativeMutual FundAllocation--30% to 50% Equity
TCAIXThrivent Moderately ServativeMutual FundAllocation--30% to 50% Equity
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Thrivent High Yield Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Thrivent High market risk premium is the additional return an investor will receive from holding Thrivent High long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Thrivent High. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Thrivent High's alpha and beta are two of the key measurements used to evaluate Thrivent High's performance over the market, the standard measures of volatility play an important role as well.

Thrivent High Against Markets

Picking the right benchmark for Thrivent High mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Thrivent High mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Thrivent High is critical whether you are bullish or bearish towards Thrivent High Yield at a given time. Please also check how Thrivent High's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Thrivent High without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Analyst Advice

Analyst recommendations and target price estimates broken down by several categories
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How to buy Thrivent Mutual Fund?

Before investing in Thrivent High, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Thrivent High. To buy Thrivent High fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Thrivent High. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Thrivent High fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Thrivent High Yield fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Thrivent High Yield fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Thrivent High Yield, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Thrivent High Yield?

The danger of trading Thrivent High Yield is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Thrivent High is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Thrivent High. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Thrivent High Yield is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Thrivent High Yield. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Please note, there is a significant difference between Thrivent High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thrivent High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thrivent High's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.