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Thrivent Opportunity Income Plus Fund (AAINX)

Mutual Fund · Currency in USD · Last updated Sep 23, 2023

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.

Summary

Fund Info

ISINUS8858827046
CUSIP885882704
IssuerThrivent Funds
Inception DateJul 15, 1987
CategoryMultisector Bonds
Minimum Investment$2,000
Asset ClassBond

Expense Ratio

The Thrivent Opportunity Income Plus Fund has a high expense ratio of 0.88%, indicating higher-than-average management fees.


0.88%
0.00%2.15%

Share Price Chart


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Performance

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.


0.00%5.00%10.00%15.00%AprilMayJuneJulyAugustSeptember
1.26%
8.61%
AAINX (Thrivent Opportunity Income Plus Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with AAINX

Thrivent Opportunity Income Plus Fund

Return

Thrivent Opportunity Income Plus Fund had a return of 2.81% year-to-date (YTD) and 3.64% in the last 12 months. Over the past 10 years, Thrivent Opportunity Income Plus Fund had an annualized return of 1.92%, while the S&P 500 had an annualized return of 9.81%, indicating that Thrivent Opportunity Income Plus Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month-0.28%-2.61%
6 months1.03%8.79%
Year-To-Date2.81%12.52%
1 year3.64%14.96%
5 years (annualized)0.67%8.09%
10 years (annualized)1.92%9.81%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2023-1.55%0.97%0.70%-0.71%0.74%0.86%-0.27%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for Thrivent Opportunity Income Plus Fund (AAINX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
AAINX
Thrivent Opportunity Income Plus Fund
0.59
^GSPC
S&P 500
0.81

Sharpe Ratio

The current Thrivent Opportunity Income Plus Fund Sharpe ratio is 0.59. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00AprilMayJuneJulyAugustSeptember
0.59
0.81
AAINX (Thrivent Opportunity Income Plus Fund)
Benchmark (^GSPC)

Dividend History

Thrivent Opportunity Income Plus Fund granted a 4.65% dividend yield in the last twelve months. The annual payout for that period amounted to $0.40 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.40$0.35$0.28$0.31$0.38$0.39$0.34$0.36$0.38$0.37$0.24$0.24

Dividend yield

4.65%4.13%2.94%3.30%4.28%4.76%4.02%4.53%5.11%4.90%3.26%3.18%

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.03$0.03$0.04$0.03$0.04$0.04$0.04$0.04
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$0.04$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
2012$0.02$0.02$0.03$0.02$0.03$0.02$0.02$0.02$0.01$0.02$0.02$0.02

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-18.00%-16.00%-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%AprilMayJuneJulyAugustSeptember
-8.46%
-9.93%
AAINX (Thrivent Opportunity Income Plus Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Thrivent Opportunity Income Plus Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Thrivent Opportunity Income Plus Fund is 15.72%, recorded on Nov 20, 2008. It took 202 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-15.72%Jan 24, 2008210Nov 20, 2008202Sep 11, 2009412
-15.28%Feb 24, 202021Mar 23, 2020113Sep 1, 2020134
-14.5%Oct 18, 1993317Jan 3, 1995720Oct 7, 19971037
-14.18%Sep 16, 2021277Oct 20, 2022
-7.76%Feb 11, 1988287Mar 17, 1989649Sep 12, 1991936

Volatility Chart

The current Thrivent Opportunity Income Plus Fund volatility is 1.09%, 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.


1.00%2.00%3.00%4.00%5.00%AprilMayJuneJulyAugustSeptember
1.09%
3.41%
AAINX (Thrivent Opportunity Income Plus Fund)
Benchmark (^GSPC)