Thrivent Government Bond (TBFAX)
The fund invests at least 80% of its net assets (plus the amount of borrowings for investment purposes) in U.S. government bonds. U.S. government bonds are debt instruments issued or guaranteed by the U.S. government or its agencies and instrumentalities, including U.S. Treasuries, TIPS, U.S. government agency debt, and mortgage-backed securities issued or guaranteed by the Government National Mortgage Association (GNMA or Ginnie Mae), the Federal National Mortgage Association (FNMA or Fannie Mae) or the Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac).
Fund Info
US8858821346
885882134
Feb 25, 2010
$2,000
Expense Ratio
TBFAX features an expense ratio of 0.77%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Thrivent Government Bond, 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 Government Bond had a return of 0.66% year-to-date (YTD) and 4.01% in the last 12 months. Over the past 10 years, Thrivent Government Bond had an annualized return of 0.32%, while the S&P 500 had an annualized return of 11.26%, indicating that Thrivent Government Bond did not perform as well as the benchmark.
TBFAX
0.66%
0.54%
-1.23%
4.01%
-1.01%
0.32%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of TBFAX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.54% | 0.66% | |||||||||||
| 2024 | -0.03% | -1.63% | 0.67% | -2.43% | 1.74% | 1.10% | 2.30% | 1.42% | 1.20% | -2.58% | 0.99% | -1.62% | 0.96% |
| 2023 | 2.93% | -2.36% | 2.31% | 0.44% | -0.85% | -0.86% | -0.29% | -0.64% | -2.48% | -1.71% | 4.43% | 3.65% | 4.34% |
| 2022 | -1.39% | -1.11% | -1.92% | -2.57% | 0.39% | -1.03% | 2.13% | -2.65% | -3.76% | -1.41% | 2.99% | -0.69% | -10.67% |
| 2021 | -0.44% | -1.41% | -1.09% | 0.76% | -0.02% | 0.39% | 0.97% | -0.21% | -0.82% | -0.03% | 0.38% | -0.39% | -1.92% |
| 2020 | 2.14% | 2.09% | 1.87% | 0.61% | -0.19% | 0.36% | 1.04% | -0.75% | -0.02% | -0.77% | 0.46% | -2.12% | 4.72% |
| 2019 | 0.64% | -0.20% | 1.62% | -0.11% | 1.82% | 0.78% | -0.02% | 2.55% | -0.73% | -0.05% | -0.16% | -0.74% | 5.48% |
| 2018 | -1.10% | -0.71% | 0.60% | -0.63% | 0.49% | 0.29% | -0.41% | 0.59% | -0.80% | -0.57% | 0.71% | 1.56% | -0.01% |
| 2017 | 0.39% | 0.50% | -0.04% | 0.74% | 0.53% | -0.36% | 0.41% | 0.92% | -0.81% | -0.06% | -0.03% | -0.40% | 1.78% |
| 2016 | 2.00% | 0.76% | 0.31% | -0.00% | -0.16% | 1.93% | 0.41% | -0.46% | 0.17% | -0.79% | -2.55% | -0.40% | 1.13% |
| 2015 | 2.80% | -1.54% | 0.51% | -0.29% | -0.28% | -0.89% | 0.62% | -0.09% | 0.77% | -0.43% | -0.32% | -2.29% | -1.51% |
| 2014 | 1.72% | 0.27% | -0.40% | 0.72% | 1.35% | -0.19% | -0.19% | 0.89% | -0.82% | 0.96% | 0.77% | -0.44% | 4.71% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TBFAX is 28, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Thrivent Government Bond (TBFAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Thrivent Government Bond provided a 3.72% dividend yield over the last twelve months, with an annual payout of $0.32 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.32 | $0.32 | $0.27 | $0.18 | $0.09 | $0.12 | $0.19 | $0.20 | $0.15 | $0.12 | $0.09 | $0.11 |
Dividend yield | 3.72% | 3.73% | 3.06% | 2.08% | 0.91% | 1.19% | 1.86% | 2.03% | 1.47% | 1.26% | 0.92% | 1.05% |
Monthly Dividends
The table displays the monthly dividend distributions for Thrivent Government Bond. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.03 | $0.00 | $0.03 | ||||||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.32 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.27 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.18 |
| 2021 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.09 |
| 2020 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.12 |
| 2019 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.19 |
| 2018 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.20 |
| 2017 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.15 |
| 2016 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.12 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.09 |
| 2014 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.11 |
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 Government Bond. 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 Government Bond was 19.23%, occurring on Oct 19, 2023. The portfolio has not yet recovered.
The current Thrivent Government Bond drawdown is 10.22%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.23% | Aug 5, 2020 | 808 | Oct 19, 2023 | — | — | — |
| -9.62% | Dec 7, 2012 | 265 | Dec 26, 2013 | 1370 | Jun 7, 2019 | 1635 |
| -5.93% | Nov 5, 2010 | 65 | Feb 8, 2011 | 119 | Jul 29, 2011 | 184 |
| -4.59% | Mar 10, 2020 | 8 | Mar 19, 2020 | 75 | Jul 7, 2020 | 83 |
| -3.94% | Sep 23, 2011 | 122 | Mar 19, 2012 | 52 | Jun 1, 2012 | 174 |
Volatility
Volatility Chart
The current Thrivent Government Bond volatility is 1.33%, 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.