Funds provide investors access to actively managed domestic large-cap equities and high-quality securitized debt

MINNEAPOLIS (Oct. 21, 2026)—Thrivent, a Fortune 500 financial services company, today announced the launch of two exchange-traded funds (ETFs) that expand its actively managed ETF lineup into core domestic large-cap equities and securitized fixed income.

The funds are built on Thrivent’s established investment capabilities in quantitative equity investing and fundamental securitized fixed income.

The new offerings, which are listed on the Nasdaq Exchange, include:

• Thrivent Large Cap Stock ETF (NASDAQ: TLCE) is designed to serve as a core domestic large-cap equity allocation. It complements Thrivent’s existing large-cap growth and value strategies.
• Thrivent Securitized Income ETF (NASDAQ: TSIE) invests primarily in high-quality securitized debt and seeks to provide investors with income and diversification beyond traditional corporate bond portfolios.

“Investors and financial advisors increasingly want access to active strategies through the ETF structure,” said Mike Kremenak, president of Thrivent Funds. “These funds address distinct investor needs in the large-cap equity and fixed income spaces, and leverage Thrivent’s established investment expertise, disciplined approach and focus on delivering long-term value. TLCE and TSIE are built on Thrivent’s established investment expertise and capabilities delivered through two new ETFs,” Kremenak said. “Our focus is on delivering differentiated investment solutions that meet a clear need in investors’ portfolios and help them pursue their long-term goals.”

Thrivent Large Cap Stock ETF
TLCE is managed by Brian Bomgren, CQF; Noah Monsen, CFA; and Sharon Wang, CFA, FRM. The fund uses multiple proprietary models built by the portfolio management team to evaluate different areas of the large-cap market. The portfolio managers analyze fundamental, technical and risk-related factors to identify opportunities and construct a diversified portfolio of domestic large cap companies while managing security, sector and factor risks.

Thrivent Securitized Income ETF
TSIE is managed by Jon-Paul Gagne and Chad E. Diefenderfer, CFA. The fund invests primarily in high-quality securitized debt. These investments may include mortgage-backed securities, collateralized loan obligations, asset-backed securities and other securitized investments backed by pools of assets such as residential mortgages, commercial real estate loans, auto loans and corporate loans.

TSIE focuses primarily on investment-grade securities and seeks to provide an additional source of income within a broader fixed income portfolio. Securitized bonds offer a significant range of credit qualities, durations, and underlying collateral types, ultimately offering investors diversification beyond traditional government and corporate bonds.

Thrivent’s ETF Portfolio
Thrivent’s ETF suite has continued to grow as part of the financial services company’s strategy to expand its investment product offerings. Thrivent provides both mutual funds and ETFs, giving investors and advisors a range of investment choices designed to meet their goals, preferences and investing needs. With the launch of these funds, Thrivent now offers 22 mutual funds and nine ETFs across a range of asset classes and investment approaches.

For more information about Thrivent ETFs, including investment objectives, risks, charges and expenses, visit thriventETFs.com.

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 $212 billion in assets under management/advisement (as of 12/31/25). Thrivent carries strong financial ratings from independent rating agencies - including AM Best, Moody's and S&P Global Ratings - which demonstrate the company’s financial strength, stability and ability to pay claims. Ratings don't apply to investment product performance and more information can be found on each rating agency's website. For more information about Thrivent, visit Thrivent.com or find us on Facebook, Instagram and LinkedIn.

Media Contact:
Patrice Smith
Patrice.Smith@thrivent.com
Mediarelations@thrivent.com
(202) 718-5069

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 thriventETFs.com.

These ETFs are newly formed and has a limited operating history. Equity securities of large companies can be volatile and unable to respond quickly to new competitive challenges and may not be able to attain a high growth rate. Exposure to specific regions, sectors, or styles may increase volatility. Investments in debt securities are subject to interest rate, credit, and market risk. Mortgage-backed securities may also carry prepayment and extension risks.  U.S. government bonds are generally considered lower risk but are still subject to interest rate risk where bond values may decline as interest rates rise. These and other risks are described in the prospectus.

Diversification does not eliminate the risk of experiencing investment losses.

ALPS Distributors, Inc., member FINRA, is the distributor for Thrivent ETFs. Thrivent Distributors, LLC is the marketing agent and asset management services are provided by Thrivent Asset Management, LLC, an SEC-registered investment adviser. Thrivent Distributors, LLC and Thrivent Asset Management, LLC are subsidiaries of Thrivent, the marketing name for Thrivent Financial for Lutherans. ALPS Distributors, Inc. is not affiliated with Thrivent or any of its subsidiaries.

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