Thrivent Government Bond Fund Net Asset
| TBFAX Fund | USD 8.51 0.14 0.12% |
Thrivent Government Bond fundamentals help investors to digest information that contributes to Thrivent Government's financial success or failures. It also enables traders to predict the movement of Thrivent Mutual Fund. The fundamental analysis module provides a way to measure Thrivent Government's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Thrivent Government mutual fund.
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Thrivent Government Bond Mutual Fund Net Asset Analysis
Thrivent Government's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Thrivent Government Net Asset | 88.61 M |
Most of Thrivent Government's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Thrivent Government Bond is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, Thrivent Government Bond has a Net Asset of 88.61 M. This is much higher than that of the Thrivent Funds family and significantly higher than that of the Intermediate Government category. The net asset for all United States funds is notably lower than that of the firm.
Thrivent Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thrivent Government's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Thrivent Government could also be used in its relative valuation, which is a method of valuing Thrivent Government by comparing valuation metrics of similar companies.Thrivent Government is currently under evaluation in net asset among similar funds.
Fund Asset Allocation for Thrivent Government
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds and cash equivalents.Asset allocation divides Thrivent Government's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Thrivent Fundamentals
| Total Asset | 2.36 M | |||
| Annual Yield | 0.0009 % | |||
| Year To Date Return | 4.16 % | |||
| One Year Return | (2.04) % | |||
| Three Year Return | (3.34) % | |||
| Five Year Return | (0.34) % | |||
| Ten Year Return | 2.99 % | |||
| Net Asset | 88.61 M | |||
| Last Dividend Paid | 0.01 | |||
| Cash Position Weight | 5.81 % | |||
| Bond Positions Weight | 17.06 % |
About Thrivent Government Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Thrivent Government Bond's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thrivent Government using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thrivent Government Bond based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thrivent Government Bond. 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 nation. Note that the Thrivent Government Bond information on this page should be used as a complementary analysis to other Thrivent Government's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.