Thrivent Core Plus Bond ETF
TCPB
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 901 Marquette Avenue Minneapolis MN United States of America 55402
- IPO Date
- Feb 19, 2025
- Website
- thriventfunds.com
- Similar Companies
- Business
- Thrivent ETF Trust (ticker: TCPB) is a registered open-end investment management company that offers exchange-traded funds focused on fixed income and equity strategies; its core products include the Thrivent Core Plus Bond ETF (TCPB), which invests primarily in investment-grade debt securities with up to 30% in high-yield bonds and USD-denominated foreign debt, utilizing derivatives such as U.S. Treasury futures for duration and interest rate management; the Thrivent Ultra Short Bond ETF (TUSB), targeting ultrashort-term debt for income and capital preservation; the Thrivent Small-Mid Cap Equity ETF (TMSE); the Thrivent Mid Cap Value ETF (TMVE); and the Thrivent Small Cap Value ETF (TSCV), the latter three emphasizing actively managed equity exposure in small- and mid-cap segments for long-term capital growth. TCPB, launched on February 19, 2025, seeks high current income through fundamental research-driven security selection and active management, with assets under management reaching approximately $246 million and a dividend yield of 2.87% as of mid-2025. The Trust operates within the broader Thrivent investment ecosystem, managed by Thrivent Asset Management, LLC, serving individual and institutional investors seeking diversified, actively managed ETF solutions across fixed income categories like core-plus bond, ultrashort bond, and equity styles including value and blend approaches in U.S. and global markets. Headquartered at 901 Marquette Avenue, Suite 2500, Minneapolis, Minnesota 55402, the Trust was established around 2021 as part of Thrivent's expansion into ETFs, building on Thrivent's investment management heritage dating to 1970. Its ETFs are listed on NYSE Arca and distributed through ALPS Distributors, Inc., with Thrivent Distributors, LLC acting as marketing agent. Recent developments include the November 2025 conversions of Thrivent Mid Cap Value Fund and Thrivent Core Small Cap Value Fund into the new TMVE and TSCV ETFs, expanding the suite to five funds with combined assets exceeding $1 billion as of October 31, 2025, reflecting strong momentum in actively managed ETFs; these additions complement TCPB and TUSB, launched earlier in 2025, which together amassed nearly $440 million in assets amid volatile rates. In January 2025, TMSE (formerly Thrivent Small-Mid Cap ESG ETF) de-emphasized ESG criteria, and by October 2025, it shifted from a semi-transparent to a fully transparent structure under Rule 6c-11. TCPB itself reported no material changes through September 30, 2025, maintaining steady performance with a 5.38% return since inception, outperforming peers.