Thrivent Opportunity Income Plus Portfolio
Data updated: 2026-08-26
C000003846 — Thrivent Opportunity Income Plus Portfolio. Alternative · $165.91M AUM · 0.74% expense ratio. Holdings, fees, performance and SEC filings.
C000003846 Fund Overview
Thrivent Opportunity Income Plus Portfolio is a US mutual fund managed by Thrivent Series Fund Inc, categorised as Alternative. 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: Alternative
- Assets under management: $165.91M
- 1-year return: 6.0%
- SEC CIK: 0000790166
- SEC series ID: S000001439
- Share class ID: C000003846
C000003846 Investment Objective and Strategy
Thrivent Opportunity Income Plus Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Thrivent Series Fund Inc.
Investment objective
"Thrivent Multisector Bond Portfolio (the ""Portfolio"") seeks a combination of current income and long-term capital appreciation."
Principal investment strategy
Under normal circumstances, the Portfolio invests at least 80% of its net assets in a broad range of debt securities. The debt securities in which the Portfolio invests may be of any maturity or credit quality, including high-yield, high-risk instruments that are rated below investment grade, such as bonds, notes, debentures and other debt obligations. Below investment-grade securities are commonly known as junk bonds, which at the time of purchase are rated below BBB- by S&P or Baa3 by Moody's or are unrated but considered to be of comparable quality by the Adviser. The Portfolio may also invest in investment-grade corporate bonds, asset-backed securities, mortgage-backed securities (including commercially backed ones), sovereign and emerging market debt (both U.S. dollar and non-U.S.
dollar denominated), preferred stock, other funds, and other types of securities. Should the Adviser change the investments used for purposes of this 80% threshold, you will be notified at least 60 days prior to the change. While the Portfolio may use derivatives for any investment purpose, the Portfolio expects to utilize U.S. Treasury futures contracts in order to manage the Portfolios duration, or interest rate risk. The Portfolio may enter into derivatives contracts traded on exchanges or in the over-the-counter market. The Portfolio may invest in foreign securities, including those of issuers in emerging markets. An emerging market country is any country determined by the Adviser to have an emerging market economy, considering factors such as the countrys credit rating, its political and economic stability and the development of its financial and capital markets.
The Portfolio may also pursue its investment strategy by investing in other mutual funds, including funds managed by the Adviser or an affiliate. The Adviser uses fundamental and other investment research techniques to determine what to buy and sell. Fundamental techniques assess a securitys value based on factors such as an issuers financial profile, management, and business prospects, as applicable.
C000003846 Holdings
Top 10 holdings of Thrivent Opportunity Income Plus Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Thrivent Mutual Funds | 18.07% |
| Thrivent Mutual Funds | 17.54% |
| Thrivent Mutual Funds | 8.14% |
| State St Inst US Gov Mm Fund | 3.14% |
| United States Treasury | 2.68% |
| Federal National Mortgage Association | 1.67% |
| Thrivent Mutual Funds | 1.66% |
| United States Treasury | 1.18% |
| United States Treasury | 1.17% |
| Federal National Mortgage Association | 0.61% |
C000003846 Portfolio Allocation
Asset-class allocation of Thrivent Opportunity Income Plus Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Other | 45.8% |
| Securitized | 38.0% |
| Fixed Income | 12.8% |
| Cash & Equivalents | 5.5% |
| Equity | 1.4% |
C000003846 Performance
Total returns for C000003846 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.2% |
| 1 year | 6.0% |
| 3 years (annualised) | 6.8% |
| 5 years (annualised) | 2.6% |
C000003846 Risk Information
Risk metrics for C000003846, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.4%
C000003846 Costs and Fees
C000003846 costs about $74 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.74%
- Gross expense ratio: 0.74%
- Portfolio turnover: 52%
- Brokerage commissions: 0.09 bps of average net assets (SEC N-CEN)
C000003846 Cashflows
Over the 12 months to 2026-06, Thrivent Opportunity Income Plus Portfolio had net outflows of $11.86M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$70.26K |
| 2026-05 | −$143.43K |
| 2026-04 | −$1.84M |
| 2026-03 | −$1.23M |
| 2026-02 | −$973.40K |
| 2026-01 | −$841.14K |
C000003846 Debt Constituents
Largest debt holdings of Thrivent Opportunity Income Plus Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 2.68% |
| United States Treasury | 1.18% |
| United States Treasury | 1.17% |
| United States Treasury | 0.59% |
| United States Treasury | 0.53% |
| United States Treasury | 0.30% |
| United States Treasury | 0.27% |
| United States Treasury | 0.23% |
| Capital Automotive REIT | 0.22% |
| United States Treasury | 0.18% |
C000003846 Prospectus and SEC Filings
Official Thrivent Opportunity Income Plus 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 Alternative 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.