MINNEAPOLIS (March 14, 2025) – Thrivent, a Fortune 500 financial services company, was honored today as a LSEG Lipper Fund Awards US 2025 Winner for its Small Cap Stock Fund – Class S (TSCSX) over the 10-year performance period. Thrivent Asset Management, LLC is the investment adviser to the fund.

Thrivent Small Cap Stock Fund was recognized as the Best Small-Cap Core Fund out of 628 funds for its consistently strong risk-adjusted 10-year performance for the period ending November 30, 2024.

“At Thrivent, everything we do is in service of our clients and helping them achieve their financial goals, including wisely managing our investments for the long-term and delivering strong returns,” said Michael Kremenak, president of Thrivent Mutual Funds. “I’m incredibly proud of the portfolio management team behind Thrivent Small Cap Stock Fund. This award speaks to their talent, expertise, and commitment to driving results on behalf of our clients.”

This is the fifth time Thrivent Small Cap Stock Fund has been recognized by the Lipper Fund Awards. Thrivent’s overall asset management team has received a total of 33 Lipper Fund Awards since 2008.

“Our long-term investment horizon, along with our people, process and proprietary research, truly sets us apart,” said Jim Tinucci, senior portfolio manager of Thrivent Small Cap Stock Fund. “We’re honored to earn this recognition and will continue delivering the competitive performance our clients are seeking.”

Thrivent’s asset management team consists of 145 investment professionals (as of 12/31/24). The funds are offered online at thriventfunds.com, as well as through Thrivent’s financial advisors and other investment professionals around the country.

About Thrivent
Thrivent is a Fortune 500 financial services company that helps build, grow and protect financial well-being through purpose-driven advice, investments, insurance, banking and generosity programs. Thrivent serves more than 2.4 million clients through thousands of financial advisors across the country and has more than $193 billion in assets under management/advisement (as of 12/31/24). Thrivent carries superior financial ratings from independent rating agencies, which demonstrate the company’s financial strength and stability. This includes an A++ rating from AM Best, an Aa2 rating from Moody's Investors Service, and an AA+ rating from S&P Global Ratings. For more information about Thrivent, visit Thrivent.com or find us on Facebook, Instagram and LinkedIn.

About LSEG Lipper Fund Awards
For more than 30 years and in over 17 countries worldwide, the highly respected LSEG Lipper Awards have honoured funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers and focus the investment world on top-funds. The merit of the winners is based on entirely objective, quantitative criteria. This coupled with the unmatched depth of fund data, results in a unique level of prestige and ensures the award has lasting value. Renowned fund data and proprietary methodology is the foundation of this prestigious award qualification, recognizing excellence in fund management. Find out more at www.lipperfundawards.com.

Past performance is not necessarily indicative of future results.

Investing involves risks, including the possible loss of principal. The prospectus and summary prospectus contain more complete information on the investment objectives, risks, charges and expenses of the fund, and other information, which investors should read and consider carefully before investing. Prospectuses and summary prospectuses are available at thriventfunds.com or by calling 800-847-4836.

The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEG Lipper Fund Award. For more information, see lipperfundawards.com. Although LSEG Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by LSEG Lipper.

Thrivent Distributors, LLC, a registered broker-dealer and member FINRA, is the distributor for Thrivent Mutual Funds. Asset management services are provided by Thrivent Asset Management, LLC, an SEC-registered investment adviser. Thrivent financial professionals are registered representatives of Thrivent Investment Management Inc., an SEC-registered investment adviser and broker-dealer, and member FINRA/SIPC. Thrivent Distributors, LLC, and Thrivent Asset Management, LLC are subsidiaries of Thrivent, the marketing name for Thrivent Financial for Lutherans.

LSEG Lipper Fund Awards, ©2025 London Stock Exchange Group plc. All rights reserved.

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