Thrivent Real Estate Securities Portfolio
Data updated: 2026-08-26
C000003838 — Thrivent Real Estate Securities Portfolio. United States Real Estate · $141.18M AUM. Holdings, fees, performance and SEC filings.
C000003838 Fund Overview
Thrivent Real Estate Securities Portfolio is a US mutual fund managed by Thrivent Series Fund Inc, categorised as United States Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Thrivent Series Fund Inc
- Category: United States Real Estate
- Assets under management: $141.18M
- 1-year return: 13.2%
- SEC CIK: 0000790166
- SEC series ID: S000001431
- Share class ID: C000003838
C000003838 Investment Objective and Strategy
Thrivent Real Estate Securities Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Thrivent Series Fund Inc.
Investment objective
"The Thrivent Real Estate Securities Portfolio (the ""Portfolio"") seeks to provide long-term capital appreciation and high current income."
Principal investment strategy
In seeking to achieve its investment objective, the Portfolio focuses on income-producing common stocks and other equity securities of U.S. real estate companies. Under normal circumstances, the Portfolio invests at least 80% of its net assets (plus any borrowings for investment purposes) in companies that are primarily engaged in the real estate industry. This includes companies such as real estate investment trusts (REITs) and other real estate related investments. A real estate company generally derives at least 50% of its revenue from real estate ownership, leasing, management, development, financing or sale of residential, commercial or industrial real estateor has at least 50% of its assets in real estate. Should the Adviser determine that the Portfolio would benefit from reducing the percentage of assets invested in companies that are primarily engaged in the real estate industry from 80% to a lesser amount, it will notify you at least 60 days prior to such a change.
This Portfolio may invest up to 20% of its assets in equity and fixed income securities of companies which are not principally engaged in the real estate industry or which are not income producing equity securities of companies principally engaged in the U.S. real estate industry. In buying and selling securities for the Portfolio, the Adviser uses an active strategy. This strategy consists of a disciplined approach that involves computer-aided, quantitative analysis of fundamental, technical and risk-related factors. The Advisers factor model (a method of analyzing and combining multiple data sources) systematically reviews potential investments, using data such as historical earnings growth and expected future growth, valuation, price momentum, and other quantitative factors to forecast return potential and determine the Portfolios holdings.
C000003838 Holdings
Top 10 holdings of Thrivent Real Estate Securities Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Welltower, Inc. | 10.59% |
| Prologis, Inc. | 8.63% |
| Equinix, Inc. | 6.45% |
| American Tower Corporation | 5.24% |
| Simon Property Group, Inc. (pre-Reincorporation) | 4.69% |
| Digital Realty Trust, Inc. | 4.00% |
| Realty Income Corporation | 3.67% |
| Public Storage | 3.25% |
| Ventas, Inc. | 2.69% |
| Iron Mountain, Inc. | 2.40% |
C000003838 Portfolio Allocation
Asset-class allocation of Thrivent Real Estate Securities Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.0% |
| Cash & Equivalents | 0.7% |
C000003838 Performance
Total returns for C000003838 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 13.3% |
| 1 year | 13.2% |
| 3 years (annualised) | 8.1% |
| 5 years (annualised) | 2.6% |
C000003838 Risk Information
Risk metrics for C000003838, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.3%
C000003838 Costs and Fees
C000003838 costs about $90 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.90%
- Gross expense ratio: 0.90%
- Portfolio turnover: 107%
- Brokerage commissions: 17.03 bps of average net assets (SEC N-CEN)
C000003838 Cashflows
Over the 12 months to 2026-06, Thrivent Real Estate Securities Portfolio had net outflows of $13.10M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $2.22M |
| 2026-05 | −$1.62M |
| 2026-04 | −$1.46M |
| 2026-03 | −$1.51M |
| 2026-02 | −$1.66M |
| 2026-01 | −$1.35M |
C000003838 Debt Constituents
No individual debt constituents are reported in Thrivent Real Estate Securities Portfolio's latest SEC N-PORT filing.
C000003838 Prospectus and SEC Filings
Official Thrivent Real Estate Securities Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-29
- Prospectus (485BPOS) — filed 2025-04-29
- Prospectus (485BPOS) — filed 2024-04-29
- Portfolio holdings (N-PORT) — filed 2026-08-26
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-03-11
- Annual census (N-CEN) — filed 2025-03-11
Related Funds
Other United States Real Estate funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.