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Thrivent Municipal Bond Fund (AAMBX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS8858826212
CUSIP885882621
IssuerThrivent
Inception DateDec 2, 1976
CategoryMunicipal Bonds
Min. Investment$2,000
Asset ClassBond

Expense Ratio

The Thrivent Municipal Bond Fund has a high expense ratio of 0.74%, indicating higher-than-average management fees.


0.50%1.00%1.50%2.00%0.74%

Share Price Chart


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Thrivent Municipal Bond Fund

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Thrivent Municipal Bond 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%500.00%1,000.00%1,500.00%2,000.00%OctoberNovemberDecember2024FebruaryMarch
205.74%
1,835.16%
AAMBX (Thrivent Municipal Bond Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

Thrivent Municipal Bond Fund had a return of -0.32% year-to-date (YTD) and 4.13% in the last 12 months. Over the past 10 years, Thrivent Municipal Bond Fund had an annualized return of 2.20%, while the S&P 500 had an annualized return of 10.89%, indicating that Thrivent Municipal Bond Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date-0.32%10.16%
1 month0.07%3.47%
6 months8.89%22.20%
1 year4.13%30.45%
5 years (annualized)1.12%13.16%
10 years (annualized)2.20%10.89%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2024-0.09%0.07%
2023-1.40%-3.54%-2.09%7.97%2.84%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

This table presents risk-adjusted performance metrics for Thrivent Municipal Bond Fund (AAMBX) and compares them with a selected benchmark (^GSPC). These performance indicators 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
AAMBX
Thrivent Municipal Bond Fund
0.85
^GSPC
S&P 500
2.79

Sharpe Ratio

The current Thrivent Municipal Bond Fund Sharpe ratio is 0.85. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00OctoberNovemberDecember2024FebruaryMarch
0.85
2.79
AAMBX (Thrivent Municipal Bond Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Thrivent Municipal Bond Fund granted a 3.20% dividend yield in the last twelve months. The annual payout for that period amounted to $0.33 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.33$0.32$0.30$0.31$0.33$0.36$0.38$0.39$0.38$0.40$0.41$0.42

Dividend yield

3.20%3.12%2.97%2.66%2.80%3.10%3.45%3.41%3.41%3.39%3.51%3.83%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.03$0.03
2023$0.03$0.02$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03
2022$0.02$0.02$0.02$0.02$0.03$0.02$0.02$0.03$0.03$0.03$0.03$0.03
2021$0.03$0.02$0.03$0.03$0.03$0.03$0.02$0.03$0.02$0.02$0.03$0.02
2020$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03
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$0.03$0.03$0.03
2017$0.03$0.03$0.03$0.03$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03
2016$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03
2015$0.03$0.03$0.04$0.03$0.03$0.04$0.03$0.03$0.03$0.03$0.03$0.03
2014$0.04$0.03$0.04$0.04$0.04$0.03$0.04$0.03$0.03$0.03$0.03$0.04
2013$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04

Drawdowns

Drawdowns Chart

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


-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-5.64%
0
AAMBX (Thrivent Municipal Bond Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Thrivent Municipal Bond 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 Municipal Bond Fund was 16.17%, occurring on Oct 25, 2022. The portfolio has not yet recovered.

The current Thrivent Municipal Bond Fund drawdown is 5.64%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-16.17%Aug 6, 2021308Oct 25, 2022
-13.99%Oct 18, 1993286Nov 21, 1994321Feb 13, 1996607
-11.68%Mar 10, 20209Mar 20, 2020171Nov 20, 2020180
-9.34%Jan 24, 2008185Oct 16, 2008124Apr 16, 2009309
-9.27%Oct 6, 1998340Jan 25, 2000215Nov 30, 2000555

Volatility

Volatility Chart

The current Thrivent Municipal Bond Fund volatility is 0.54%, 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%OctoberNovemberDecember2024FebruaryMarch
0.54%
2.80%
AAMBX (Thrivent Municipal Bond Fund)
Benchmark (^GSPC)