Thrivent Municipal Bond I  TMBIX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Muni National Long Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Avg Duration
   ---
   Avg Credit Quality
   AA
As of 2009-08-31
Day Change
$ 0.01
  
NAV (2009-11-20)
$ 11.15
  
YTD Return % (2009-11-20)
11.52%
  
Total Assets ($ mil)
1,340
View Data Definitions
  Performance    
Growth of $10,000 Fund: Thrivent Municipal Bond I
(from 1999-01-01 to 2009-10-31) Category: Muni National Long
Index: BarCap Municipal TR USD
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 1997-10-31 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-20
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 11.52 11.29 4.13 4.23 5.46 5.01
+/- Category -4.67 -2.93 2.09 1.39 0.90 ---
+/- BarCap Municipal TR USD -0.62 -0.38 -0.12 -0.14 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 13.31 13.52 4.97 4.63 5.54 5.22
Month-End (as of 2009-10-31) 11.13 12.80 4.06 4.06 5.46 5.01
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 12.78 4.06 4.06 5.45 ---
On Distribution & Sale of Shares --- 10.10 4.15 4.15 5.41 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 247 funds), (5 yrs : out of 228 funds), (10 yrs : out of 202 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is none.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
General Obligations 18.42
Advance Refunded 8.74
State Appropriated Tobacco ---
Non-state Appropriated Tobacco 3.55
Education 10.90
Health 9.09
Housing 2.50
Industrial 3.67
Transportation 8.45
Utilities 2.90
Water/Sewer 7.03
Misc. Revenue 24.76
Bond Quality % of Bonds
AAA 30.9
AA 28.2
A 24.9
BBB 11.6
BB 0.1
B 0.0
Below B 0.0
Not Rated 4.3
 
Asset Allocation
% of Net Assets
Cash 3.6
Stocks 0.0
Bonds 96.3
Other 0.2
Foreign Stocks 0.0
(as a % of Assets)
Data through 2009-08-31 Data through 2009-08-31
 
Holding Status
Total Number of Stock Holdings Turnover % 9
Total Number of Bond Holdings 427 30 Day SEC Yield % 3.37
% of Assets in Top 10 Holdings 10.34 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Maturity
Date		 Amount
$000		 Value
$000		 % of Net
Assets
New York St Urban Dev Corp Cor Rev Bd 5% 2017-01-01 20,000 20,771 1.61
Massachusetts St Health & Edl Rev 5.25% 2033-07-01 15,000 17,257 1.33
New York N Y City Transitional Future Ta 2029-02-01 13,000 13,682 1.06
New York N Y Go Bds 5.25% 2017-08-01 12,000 13,224 1.02
New York N Y City Mun Wtr Fin Rev 5.75% 2040-06-15 11,000 11,996 0.93
St John Baptist Parish La Rev Rev 5.125% 2037-06-01 13,000 11,746 0.91
Ohio St Tpk Commn Tpk Rev Ref Rev B 5.5% 2026-02-15 10,000 11,456 0.89
Dallas Tex Indpt Sch Dist 6.375% 2034-02-15 10,000 11,343 0.88
Jefferson Cnty Colo Sch Dist 5% 2016-12-15 10,000 11,302 0.87
King Cnty Wash Swr Rev Ref Rev B 5.5% 2013-01-01 10,000 10,895 0.84
Data through 2009-08-31
  Other Information
Fund Inception: 1997-10-31
Portfolio Manager  (Start Date)
Janet I. Grangaard  (2002-04-30)
Grangaard is a portfolio manager with Thrivent Investment Management, her employer since 1988. She initially worked as a securities analyst, and began managing portfolios for the company in 1994. Grangaard holds the Chartered Financial Analyst designation.
Sales Charge %
(taken from prospectus dated 2009-03-04)
Front: None
Deferred: None
Expense Ratio % 0.47
based on net assets
(taken from annual report dated 2008-10-31)
Correspondence Information

625 Fourth Ave South
Minneapolis,  MN  55415
United States
Telephone:
800-847-4836
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.