Thrivent High Yield Fund (LBHYX)
Under normal market conditions, the fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in high yield, high risk bonds, notes, debentures and other debt obligations (including leveraged loans, mortgage-backed securities, convertible bonds, and convertible stock), or preferred stocks. These securities are commonly known as "junk bonds."
Fund Info
| ISIN | US8858827954 |
|---|---|
| CUSIP | 885882795 |
| Issuer | Thrivent |
| Inception Date | Apr 3, 1987 |
| Category | High Yield Bonds |
| Min. Investment | $2,000 |
| Asset Class | Bond |
Expense Ratio
LBHYX features an expense ratio of 0.79%, falling within the medium range.
Share Price Chart
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Popular comparisons: LBHYX vs. PEY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Thrivent High Yield 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 High Yield Fund had a return of 6.12% year-to-date (YTD) and 13.38% in the last 12 months. Over the past 10 years, Thrivent High Yield Fund had an annualized return of 3.75%, while the S&P 500 had an annualized return of 12.04%, indicating that Thrivent High Yield Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.12% | 22.85% |
| 1 month | 0.27% | 4.16% |
| 6 months | 6.65% | 15.77% |
| 1 year | 13.38% | 35.40% |
| 5 years (annualized) | 3.12% | 14.46% |
| 10 years (annualized) | 3.75% | 12.04% |
Monthly Returns
The table below presents the monthly returns of LBHYX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.26% | -0.01% | 0.94% | -1.13% | 1.26% | 0.96% | 1.76% | 1.45% | 1.21% | 6.12% | |||
| 2023 | 3.74% | -1.52% | 1.48% | 0.68% | -0.97% | 1.22% | 1.46% | 0.22% | -1.26% | -1.23% | 4.07% | 3.17% | 11.40% |
| 2022 | -2.63% | -0.97% | -0.51% | -3.69% | 0.19% | -6.66% | 6.01% | -2.42% | -3.99% | 3.07% | 1.98% | -0.75% | -10.49% |
| 2021 | 0.14% | -0.09% | 0.41% | 0.80% | 0.14% | 1.26% | 0.14% | 0.59% | 0.13% | -0.31% | -1.13% | 2.11% | 4.23% |
| 2020 | -0.21% | -2.14% | -11.60% | 3.42% | 4.15% | 0.69% | 4.54% | 0.40% | -0.93% | 0.37% | 3.51% | 1.67% | 2.83% |
| 2019 | 4.76% | 1.51% | 0.87% | 1.31% | -1.25% | 2.34% | 0.48% | 0.42% | 0.22% | 0.22% | 0.20% | 2.14% | 13.90% |
| 2018 | 0.48% | -1.23% | -0.61% | 0.72% | -0.16% | 0.24% | 1.13% | 0.66% | 0.59% | -2.08% | -1.04% | -2.14% | -3.46% |
| 2017 | 1.30% | 1.25% | -0.37% | 1.45% | 0.68% | 0.02% | 1.05% | 0.02% | 1.03% | 0.45% | -0.18% | 0.21% | 7.12% |
| 2016 | -1.56% | 0.94% | 3.19% | 2.85% | 0.28% | 0.67% | 1.94% | 1.97% | 0.21% | 0.04% | -0.42% | 1.72% | 12.38% |
| 2015 | 0.47% | 2.48% | -0.36% | 1.25% | 0.22% | -1.36% | 0.04% | -1.60% | -2.52% | 2.83% | -1.85% | -2.57% | -3.09% |
| 2014 | 0.71% | 1.63% | 0.47% | 0.45% | 0.66% | 0.83% | -1.46% | 1.45% | -2.10% | 1.06% | -0.97% | -1.10% | 1.56% |
| 2013 | 0.91% | 0.45% | 0.89% | 1.86% | -0.85% | -2.46% | 2.14% | -0.87% | 1.11% | 2.32% | 0.49% | 0.51% | 6.59% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of LBHYX is 85, placing it in the top 15% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Thrivent High Yield Fund (LBHYX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Thrivent High Yield Fund granted a 5.85% dividend yield in the last twelve months. The annual payout for that period amounted to $0.25 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.25 | $0.23 | $0.21 | $0.20 | $0.23 | $0.25 | $0.26 | $0.25 | $0.25 | $0.26 | $0.28 | $0.30 |
Dividend yield | 5.85% | 5.46% | 5.33% | 4.35% | 4.86% | 5.12% | 5.81% | 5.21% | 5.25% | 5.77% | 5.77% | 5.95% |
Monthly Dividends
The table displays the monthly dividend distributions for Thrivent High Yield 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.19 | ||
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.20 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
| 2014 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.28 |
| 2013 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.30 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Thrivent High Yield 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 High Yield Fund was 31.13%, occurring on Oct 10, 2002. Recovery took 499 trading sessions.
The current Thrivent High Yield Fund drawdown is 0.70%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.13% | Mar 13, 2000 | 645 | Oct 10, 2002 | 499 | Oct 6, 2004 | 1144 |
| -29.54% | Jun 4, 2007 | 386 | Dec 12, 2008 | 186 | Sep 10, 2009 | 572 |
| -22.62% | Feb 24, 2020 | 21 | Mar 23, 2020 | 161 | Nov 9, 2020 | 182 |
| -19.28% | Sep 7, 1989 | 306 | Nov 8, 1990 | 148 | Jun 4, 1991 | 454 |
| -14.59% | Jan 4, 2022 | 186 | Sep 29, 2022 | 336 | Feb 1, 2024 | 522 |
Volatility
Volatility Chart
The current Thrivent High Yield Fund volatility is 0.81%, 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.