Thrivent Opportunity Income Plus Fund (AAINX)
The fund primarily invests in a broad range of debt securities. The debt securities in which the fund invests may be of any maturity or credit quality, including high yield, high risk bonds, notes, debentures and other debt obligations commonly known as "junk bonds." At the time of purchase, these high-yield securities are rated below BBB- by S&P, or Baa3 by Moody's, or unrated but considered to be of comparable quality by the Adviser.
Fund Info
ISIN | US8858827046 |
---|---|
CUSIP | 885882704 |
Issuer | Thrivent Funds |
Inception Date | Jul 15, 1987 |
Category | Multisector Bonds |
Min. Investment | $2,000 |
Asset Class | Bond |
Expense Ratio
AAINX has a high expense ratio of 0.88%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Thrivent Opportunity Income Plus Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Thrivent Opportunity Income Plus Fund had a return of 0.09% year-to-date (YTD) and 5.27% in the last 12 months. Over the past 10 years, Thrivent Opportunity Income Plus Fund had an annualized return of 2.11%, while the S&P 500 had an annualized return of 10.64%, indicating that Thrivent Opportunity Income Plus Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 0.09% | 7.50% |
1 month | -0.14% | -1.61% |
6 months | 5.45% | 17.65% |
1 year | 5.27% | 26.26% |
5 years (annualized) | 1.14% | 11.73% |
10 years (annualized) | 2.11% | 10.64% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.04% | -0.41% | 1.16% | -1.59% | ||||||||
2023 | -1.21% | 3.97% | 3.25% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AAINX is 46, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Thrivent Opportunity Income Plus Fund(AAINX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Thrivent Opportunity Income Plus Fund (AAINX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Thrivent Opportunity Income Plus Fund granted a 4.75% dividend yield in the last twelve months. The annual payout for that period amounted to $0.42 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.42 | $0.41 | $0.35 | $0.28 | $0.31 | $0.38 | $0.39 | $0.34 | $0.36 | $0.38 | $0.37 | $0.24 |
Dividend yield | 4.75% | 4.60% | 4.00% | 2.74% | 2.99% | 3.76% | 4.04% | 3.27% | 3.57% | 3.88% | 3.59% | 2.30% |
Monthly Dividends
The table displays the monthly dividend distributions for Thrivent Opportunity Income Plus Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.03 | $0.03 | $0.03 | $0.04 | ||||||||
2023 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 |
2022 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 |
2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 |
2017 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
2016 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
2015 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 |
2014 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 |
2013 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.00 | $0.03 | $0.03 | $0.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Thrivent Opportunity 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 Opportunity Income Plus Fund was 15.72%, occurring on Nov 20, 2008. Recovery took 202 trading sessions.
The current Thrivent Opportunity Income Plus Fund drawdown is 3.24%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-15.72% | Jan 24, 2008 | 210 | Nov 20, 2008 | 202 | Sep 11, 2009 | 412 |
-15.28% | Feb 24, 2020 | 21 | Mar 23, 2020 | 113 | Sep 1, 2020 | 134 |
-14.5% | Oct 18, 1993 | 317 | Jan 3, 1995 | 720 | Oct 7, 1997 | 1037 |
-14.18% | Sep 16, 2021 | 277 | Oct 20, 2022 | — | — | — |
-7.76% | Mar 4, 1988 | 271 | Mar 17, 1989 | 649 | Sep 12, 1991 | 920 |
Volatility
Volatility Chart
The current Thrivent Opportunity Income Plus Fund volatility is 1.37%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.