THMBX Performance — Thrivent High Income Municipal Bond Fund, Class S
Data updated: 2026-09-29
THMBX returned +1.90% year to date and +8.23% over one year to Jul 2026. Annualised returns are +4.75% over 3 years and +0.27% over 5 years. The fund beat its Long-Term Municipal Bond category average: $100 invested three years ago grew to $115, against $110 for the category, and to $108 over one year, against $106. Volatility over the past three years was 6.91% a year. In the 12 months to Jul 2026 the fund took in a net $10.2M, and assets reached $58.60M.
THMBX Growth of $100
What $100 invested in Thrivent High Income Municipal Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | THMBX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $108 | $106 |
| 3 years (Aug 2023 – Jul 2026) | $115 | $110 |
| 5 years (Aug 2021 – Jul 2026) | $101 | $101 |
| Since data start (Aug 2019 – Jul 2026) | $114 | $110 |
THMBX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.90% |
| 1 year | +8.23% |
| 3 years (annualised) | +4.75% |
| 5 years (annualised) | +0.27% |
THMBX Annual Returns
Calendar-year total returns of Thrivent High Income Municipal Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.90% |
| 2025 | +2.81% |
| 2024 | +5.84% |
| 2023 | +8.03% |
| 2022 | −15.20% |
| 2021 | +6.59% |
| 2020 | +3.17% |
| 2019 (Aug–Dec) | +2.14% |
THMBX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.5% | +1.4% | −1.8% | +1.5% | +0.8% | +1.3% | −1.7% | — | — | — | — | — |
| 2025 | +0.2% | +1.2% | −1.8% | −1.5% | −0.7% | +0.6% | −1.1% | +0.7% | +3.7% | +1.4% | +0.3% | 0.0% |
| 2024 | +0.6% | +0.4% | +0.5% | −1.2% | +1.0% | +2.3% | +1.0% | +0.9% | +1.3% | −1.3% | +1.8% | −1.5% |
| 2023 | +4.2% | −2.8% | +1.5% | +0.3% | −0.6% | +1.3% | +0.4% | −1.3% | −3.3% | −2.2% | +7.8% | +3.0% |
| 2022 | −2.9% | −1.1% | −3.9% | −4.8% | +1.4% | −4.1% | +4.0% | −2.8% | −6.0% | −1.6% | +6.7% | −0.4% |
| 2021 | +1.9% | −1.5% | +0.8% | +1.5% | +1.7% | +1.1% | +1.2% | −0.4% | −1.1% | −0.4% | +1.4% | +0.2% |
| 2020 | +1.8% | +2.0% | −11.0% | −4.1% | +4.1% | +4.2% | +2.7% | +0.1% | −0.1% | +0.1% | +2.6% | +1.8% |
| 2019 | — | — | — | — | — | — | — | +1.8% | −0.4% | +0.2% | +0.2% | +0.4% |
THMBX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 6.91%
- 3-year Sharpe ratio: 0.04 (vs 4.5% risk-free rate)
- Best month: +7.81% (Nov 2023)
- Worst month: −3.29% (Sep 2023)
THMBX Fund Flows
Monthly money in and out of Thrivent High Income Municipal Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $10.2M
- 12-month gross sales (incl. reinvestments): $26.6M
- Sales ÷ redemptions: 1.62×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $1.7M | $2.0M | −$247K |
| Jun 2026 | $2.4M | $851K | $1.6M |
| May 2026 | $2.3M | $1.2M | $1.1M |
| Apr 2026 | $2.9M | $809K | $2.1M |
| Mar 2026 | $3.8M | $2.5M | $1.3M |
| Feb 2026 | $2.1M | $942K | $1.2M |
| Jan 2026 | $1.1M | $1.0M | $41K |
| Dec 2025 | $1.7M | $2.3M | −$635K |
| Nov 2025 | $2.3M | $907K | $1.4M |
| Oct 2025 | $1.8M | $1.3M | $520K |
| Sep 2025 | $2.0M | $707K | $1.2M |
| Aug 2025 | $2.3M | $1.7M | $566K |
THMBX Assets Under Management
Net assets of Thrivent High Income Municipal Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $58.60M |
| 2026-04-30 | $56.51M |
| 2026-01-30 | $51.65M |
| 2025-10-31 | $51.25M |
| 2025-07-31 | $46.87M |
| 2025-04-30 | $48.29M |
| 2025-01-31 | $47.79M |
| 2024-10-31 | $45.21M |
| 2024-07-31 | $40.24M |
| 2024-04-30 | $37.38M |
| 2024-01-31 | $37.09M |
| 2023-10-31 | $34.93M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.