Thrivent Income Fund (LUBIX)
The principal strategies of the fund are to invest in investment-grade corporate bonds, government bonds, asset-backed securities, mortgage-backed securities, and other types of debt securities. Under normal conditions, at least 65% of its assets will be invested in investment grade debt securities or preferred stock.
Fund Info
| ISIN | US8858824498 |
|---|---|
| CUSIP | 885882449 |
| Issuer | Thrivent |
| Inception Date | Jun 1, 1972 |
| Category | Corporate Bonds |
| Min. Investment | $2,000 |
| Asset Class | Bond |
Expense Ratio
LUBIX features an expense ratio of 0.74%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: LUBIX vs. NOCBX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Thrivent Income 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 Income Fund had a return of 3.10% year-to-date (YTD) and 10.98% in the last 12 months. Over the past 10 years, Thrivent Income Fund had an annualized return of 1.92%, while the S&P 500 had an annualized return of 11.39%, indicating that Thrivent Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.10% | 25.45% |
| 1 month | -1.13% | 2.91% |
| 6 months | 4.27% | 14.05% |
| 1 year | 10.98% | 35.64% |
| 5 years (annualized) | 0.08% | 14.13% |
| 10 years (annualized) | 1.92% | 11.39% |
Monthly Returns
The table below presents the monthly returns of LUBIX, 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 | 0.11% | -1.41% | 1.17% | -2.48% | 1.89% | 0.70% | 2.39% | 1.57% | 1.68% | -2.19% | 3.10% | ||
| 2023 | 4.67% | -2.94% | 2.10% | 0.79% | -1.26% | 0.44% | 0.57% | -0.68% | -2.74% | -2.00% | 5.87% | 4.13% | 8.82% |
| 2022 | -3.01% | -2.81% | -1.64% | -5.32% | 0.40% | -3.46% | 3.62% | -2.61% | -5.32% | -0.88% | 4.69% | -0.48% | -16.06% |
| 2021 | -0.89% | -1.51% | -1.60% | 1.15% | 0.51% | 1.56% | 1.22% | -0.20% | -0.82% | -0.11% | -0.19% | -1.44% | -2.38% |
| 2020 | 2.34% | 0.93% | -5.91% | 4.69% | 1.99% | 1.88% | 2.96% | -0.87% | -0.40% | -0.10% | 3.12% | -1.83% | 8.70% |
| 2019 | 2.60% | 0.37% | 2.18% | 0.50% | 1.25% | 2.09% | 0.59% | 2.38% | -0.39% | 0.56% | 0.22% | -0.28% | 12.69% |
| 2018 | -0.70% | -1.40% | 0.03% | -0.71% | 0.17% | -0.29% | 0.86% | 0.28% | -0.08% | -1.39% | -0.29% | 0.90% | -2.61% |
| 2017 | 0.49% | 1.13% | -0.18% | 1.00% | 1.04% | 0.14% | 0.79% | 0.68% | -0.10% | 0.38% | -0.17% | 0.36% | 5.71% |
| 2016 | -0.07% | 0.53% | 2.67% | 1.37% | 0.17% | 1.91% | 1.54% | 0.48% | -0.19% | -0.61% | -2.57% | 0.39% | 5.66% |
| 2015 | 2.12% | -0.18% | 0.29% | -0.37% | -0.29% | -1.66% | 0.28% | -0.71% | 0.06% | 0.92% | -0.26% | -1.48% | -1.34% |
| 2014 | 1.52% | 1.15% | 0.09% | 1.05% | 1.37% | 0.28% | -0.15% | 1.25% | -1.43% | 0.83% | 0.58% | -0.76% | 5.90% |
| 2013 | -0.36% | 0.58% | 0.28% | 1.67% | -1.94% | -2.65% | 0.64% | -0.70% | 0.85% | 1.75% | -0.25% | -0.02% | -0.24% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of LUBIX is 28, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Thrivent Income Fund (LUBIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Thrivent Income Fund provided a 4.05% dividend yield over the last twelve months, with an annual payout of $0.33 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.30 | $0.26 | $0.24 | $0.26 | $0.28 | $0.30 | $0.28 | $0.29 | $0.30 | $0.32 | $0.32 |
Dividend yield | 4.05% | 3.68% | 3.32% | 2.52% | 2.56% | 2.97% | 3.44% | 3.01% | 3.17% | 3.42% | 3.44% | 3.51% |
Monthly Dividends
The table displays the monthly dividend distributions for Thrivent Income 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 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.28 | |
| 2023 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.30 |
| 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 | $0.26 |
| 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 | $0.24 |
| 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 | $0.26 |
| 2019 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.28 |
| 2018 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.30 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.28 |
| 2016 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.29 |
| 2015 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.30 |
| 2014 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.32 |
| 2013 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.32 |
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 Income 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 Income Fund was 24.42%, occurring on Oct 21, 2022. The portfolio has not yet recovered.
The current Thrivent Income Fund drawdown is 9.83%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -24.42% | Dec 4, 2020 | 474 | Oct 21, 2022 | — | — | — |
| -18.7% | Feb 6, 2008 | 203 | Nov 24, 2008 | 192 | Aug 31, 2009 | 395 |
| -14.27% | Mar 9, 2020 | 9 | Mar 19, 2020 | 57 | Jun 10, 2020 | 66 |
| -11.09% | Oct 18, 1993 | 275 | Nov 4, 1994 | 143 | May 24, 1995 | 418 |
| -9.27% | Mar 30, 1987 | 146 | Oct 19, 1987 | 65 | Jan 18, 1988 | 211 |
Volatility
Volatility Chart
The current Thrivent Income Fund volatility is 1.89%, 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.