Thrivent Diversified Income Plus S
THYFX
NASDAQ- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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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.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- Thrivent Mutual Funds, 625 Fourth Avenue South Minneapolis MN United States of America 55415
- IPO Date
- Dec 29, 1997
- CIK
- 0000811869
- Website
- thriventfunds.com
- Similar Companies
- Business
- Thrivent Conservative Allocation Fund Class S (THYFX) seeks to maximize income while maintaining prospects for capital appreciation through a diversified portfolio emphasizing fixed-income securities and equities. The fund, formerly known as Thrivent Diversified Income Plus Fund until February 28, 2025, invests 60-95% in debt securities including higher-yielding, higher-risk fixed income such as investment-grade credit, securitized debt, floating rate bank loans, emerging market debt, U.S. government bonds, mortgage-backed securities, high yield bonds, preferred securities, convertible bonds, income-generating closed-end funds, business development companies, and master limited partnerships; the remainder targets equities for growth and income, with opportunistic holdings across sectors to manage risk and interest rate fluctuations. It employs mean-variance optimization for strategic asset allocation, actively managed by a team leveraging quantitative techniques, and includes investments in other Thrivent funds such as Thrivent Core Emerging Markets Debt Fund and Thrivent Core International Equity Fund. Offered by Thrivent Mutual Funds, a division of Thrivent, the Minneapolis-based fraternal financial services organization founded in 1902 through the merger of Lutheran benefit societies, the fund operates primarily in U.S. markets with global exposure via equities and emerging debt, targeting conservative investors seeking income with modest growth. Recent developments include a name change from Thrivent Diversified Income Plus Fund effective February 28, 2025, aligning with Thrivent's asset allocation suite as its most conservative option, and a 1-for-2 reverse share split executed December 8, 2025, adjusting NAV and share counts proportionally without altering shareholder value. Thrivent has pursued strategic expansions, such as converting its Mid Cap Value Fund and Core Small Cap Value Fund to ETFs effective November 17, 2025, to enhance client flexibility amid ETF market growth, and obtaining FDIC approval in June 2024 for Thrivent Bank's merger with its federal credit union, bolstering online banking capabilities.