Thrivent Government Bond (TBFAX)

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Thrivent Government Bond (TBFAX) is down 0.3% since the beginning of the year. TBFAX is currently trading at $9 per share. Investors who bought $1,000 worth of TBFAX shares 5 years ago would now be looking at an investment worth $996.

Thrivent Government Bond (TBFAX) has returned -0.32% so far this year and 3.86% over the past 12 months. Over the last ten years, TBFAX has returned 0.91% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Jan 3, 2011, TBFAX's average daily return is +0.01%, while the average monthly return is +0.11%. At this rate, an investment would double in approximately 52.5 years.

Historically, 48% of months were positive and 52% were negative. The best month was Nov 2023 with a return of +4.4%, while the worst month was Sep 2022 at -3.8%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 6 months.

On a daily basis, TBFAX closed higher 44% of trading days. The best single day was Mar 20, 2020 with a return of +1.8%, while the worst single day was Dec 15, 2011 at -2.3%.

Thrivent Government Bond has an annualized alpha of 1.89%, beta of -0.04, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since January 03, 2011.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (5.45%) than losses (3.74%) - typical of diversified or defensive assets.
• Beta of -0.04 may look defensive, but with R2 of 0.02 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.02 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

TBFAX has an expense ratio of 0.77%, placing it in the medium range.

TBFAX ranks 15 for risk / return — in the bottom 15% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

Thrivent Government Bond provided a 3.48% dividend yield over the last twelve months, with an annual payout of $0.31 per share.

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.

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.

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 17.68%, occurring on Oct 19, 2023. The portfolio has not yet recovered.

The current Thrivent Government Bond drawdown is 3.61%.

The chart below shows the rolling one-month volatility.