Thrivent Diversified Income Plus Fund (AAHYX)

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Thrivent Diversified Income Plus Fund (AAHYX) is up 3.8% since the beginning of the year. AAHYX is currently trading at $15 per share. Investors who bought $1,000 worth of AAHYX shares 5 years ago would now be looking at an investment worth $1,185.

Thrivent Diversified Income Plus Fund (AAHYX) has returned 3.76% so far this year and 11.43% over the past 12 months. Over the last ten years, AAHYX has returned 4.94% per year, falling short of the S&P 500 Index benchmark, which averaged 13.33% annually.

Based on dividend-adjusted daily data since Jan 8, 1997, AAHYX's average daily return is +0.02%, while the average monthly return is +0.38%. At this rate, an investment would double in approximately 15.2 years.

Historically, 66% of months were positive and 34% were negative. The best month was Apr 2009 with a return of +8.4%, while the worst month was Oct 2008 at -13.3%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 6 months.

On a daily basis, AAHYX closed higher 42% of trading days. The best single day was Mar 26, 2020 with a return of +3.0%, while the worst single day was Mar 12, 2020 at -3.9%.

Thrivent Diversified Income Plus Fund has an annualized alpha of 2.34%, beta of 0.22, and R2 of 0.49 versus S&P 500 Index. Calculated based on daily prices since January 09, 1997.

• This fund participated in 42.61% of S&P 500 Index downside but only 37.74% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.22 may look defensive, but with R2 of 0.49 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.49 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.

AAHYX has a high expense ratio of 0.94%, indicating above-average management fees.

AAHYX ranks 79 for risk / return — better than 79% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Thrivent Diversified Income Plus Fund (AAHYX) and compare them to S&P 500 Index.

Thrivent Diversified Income Plus Fund provided a 3.67% dividend yield over the last twelve months, with an annual payout of $0.56 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for Thrivent Diversified Income Plus Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Thrivent Diversified Income Plus Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Thrivent Diversified Income Plus Fund was 34.18%, occurring on Mar 9, 2009. Recovery took 276 trading sessions.

The current Thrivent Diversified Income Plus Fund drawdown is 0.07%.

The chart below shows the rolling one-month volatility.