Thrivent Core Emerging Markets Equity Fund

C000215652 Fund Overview

Thrivent Core Emerging Markets Equity Fund is a US mutual fund managed by Thrivent Core Funds, categorised as Emerging Markets Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Thrivent Core Funds
• Category: Emerging Markets Large Cap Blend / Core Equity
• Assets under management: $872.47M
• 1-year return: 50.7%
• SEC CIK: 0001669626
• SEC series ID: S000067016
• Share class ID: C000215652

C000215652 Investment Objective and Strategy

Thrivent Core Emerging Markets Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Thrivent Core Funds.

Investment objective

"Thrivent Core Emerging Markets Equity Fund (the ""Fund"") seeks long-term capital appreciation. The Fund's investment objective may be changed without shareholder approval."

Principal investment strategy

Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in equity and equity-related securities of companies in emerging market countries. Thrivent Asset Management, LLC (Thrivent Asset Mgt. or the Adviser) determines which countries are considered emerging markets based on MSCIs Market Classification Framework, which evaluates markets based on economic development, size and liquidity, and market accessibility. The Fund primarily invests in securities issued by companies in countries covered by the MSCI Emerging Markets Index (USD Net Returns) (the Funds benchmark index) but will also invest in securities of companies of emerging market countries outside of the benchmark where the Adviser finds attractive opportunities.

The Fund may invest in securities denominated in various currencies. At times, the Fund may have a significant amount (i.e., 25% or more under normal market conditions) of its assets invested in a particular country or geographic region. Should the Adviser change the investments used for purposes of this 80% threshold, we will notify you at least 60 days prior to the change. The Fund may invest in derivatives or other investments whose return is based on the return of an emerging market security. The Fund expects to use these derivatives or other instruments primarily to increase or decrease exposure to a particular market, segment of the market, country, security or currency. These derivatives and other instruments may include futures, options and total return swap agreements. The Fund may enter into standardized derivatives contracts traded on domestic or foreign securities exchanges, boards of trade, or similar entities, and non-standardized derivatives contracts traded in the over-the-counter market.

In buying and selling securities for the Fund, 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 stocks, using data such as historical earnings growth and expected future growth, valuation, price momentum, and other quantitative factors to forecast return potential. Then, risk characteristics of potential investments and covariation among securities are analyzed along with the return forecasts in determining the Funds holdings.

C000215652 Holdings

Top 10 holdings of Thrivent Core Emerging Markets Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000215652 holdings

C000215652 Portfolio Allocation

Asset-class allocation of Thrivent Core Emerging Markets Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.

C000215652 Performance

Total returns for C000215652 (as of 2026-10-01), from SEC filings.

C000215652 Risk Information

Risk metrics for C000215652, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 20.2%

C000215652 Costs and Fees

C000215652 costs about $17 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.17%
• Gross expense ratio: 0.17%
• Portfolio turnover: 77%
• Brokerage commissions: 21.06 bps of average net assets (SEC N-CEN)

C000215652 Cashflows

Over the 12 months to 2026-04, Thrivent Core Emerging Markets Equity Fund had net inflows of $22.84M, from monthly SEC N-PORT filings.

C000215652 Debt Constituents

No individual debt constituents are reported in Thrivent Core Emerging Markets Equity Fund's latest SEC N-PORT filing.

C000215652 Prospectus and SEC Filings

Official Thrivent Core Emerging Markets Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-02-27
• Prospectus (485BPOS) — filed 2025-02-27
• Prospectus (485BPOS) — filed 2024-02-28
• Portfolio holdings (N-PORT) — filed 2026-09-29
• Portfolio holdings (N-PORT) — filed 2026-06-26
• Portfolio holdings (N-PORT) — filed 2026-03-27
• Annual census (N-CEN) — filed 2026-01-09
• Annual census (N-CEN) — filed 2025-01-08

Related Funds

Other Emerging Markets Large Cap Blend / Core Equity funds tracked on ABC INVEST:

• New World Fund Inc (NEWFX)
• Fidelity Series Emerging Markets Opportunities Fund (FEMSX)
• GQG Partners Emerging Markets Equity Fund (GQGPX)
• Fidelity Advisor Emerging Markets Fund (FAMKX)
• Fidelity Emerging Markets Fund (FEMKX)

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.