TMLDX Performance — Thrivent Multidimensional Income Fund, Class S
Data updated: 2024-08-27
TMLDX returned +7.78% over one year to Jun 2024. Annualised returns are −1.10% over 3 years and +2.36% over 5 years. The fund beat its Intermediate Corporate Bond category average: $100 invested three years ago grew to $97, against $94 for the category, and to $108 over one year, against $106. Volatility over the past three years was 8.64% a year. In the 12 months to Jun 2024 the fund lost a net $8.9M, and assets reached $48.99M.
TMLDX Growth of $100
What $100 invested in Thrivent Multidimensional Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Corporate Bond category average over the same months.
| Period | TMLDX | Category average |
|---|---|---|
| 1 year (Jul 2023 – Jun 2024) | $108 | $106 |
| 3 years (Jul 2021 – Jun 2024) | $97 | $94 |
| 5 years (Jul 2019 – Jun 2024) | $112 | $106 |
TMLDX Trailing Returns
Total returns to Jun 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +7.78% |
| 3 years (annualised) | −1.10% |
| 5 years (annualised) | +2.36% |
TMLDX Annual Returns
Calendar-year total returns of Thrivent Multidimensional Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Jun) | +2.42% |
| 2023 | +8.51% |
| 2022 | −13.49% |
| 2021 | +5.72% |
| 2020 | +5.74% |
| 2019 (Jul–Dec) | +4.58% |
TMLDX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +0.7% | −0.1% | +1.1% | −1.7% | +1.6% | +0.8% | — | — | — | — | — | — |
| 2023 | +5.1% | −1.9% | −0.9% | +0.8% | −1.0% | +1.0% | +1.2% | −0.5% | −1.7% | −1.7% | +4.6% | +3.5% |
| 2022 | −2.9% | −2.2% | −0.9% | −4.2% | +0.1% | −5.5% | +5.2% | −2.2% | −4.7% | +1.2% | +3.4% | −1.0% |
| 2021 | −0.1% | +0.6% | +1.0% | +1.7% | +0.6% | +1.3% | +0.2% | +0.6% | −0.6% | +0.2% | −1.3% | +1.6% |
| 2020 | +0.8% | −2.6% | −13.2% | +5.9% | +3.3% | +0.5% | +4.4% | +1.5% | −1.2% | 0.0% | +5.6% | +2.0% |
| 2019 | — | — | — | — | — | — | +0.8% | 0.0% | +0.6% | +0.6% | +0.7% | +1.8% |
TMLDX Risk
Risk measures from monthly returns over Jul 2021 – Jun 2024.
- 3-year volatility (annualised): 8.64%
- 3-year Sharpe ratio: -0.65 (vs 4.5% risk-free rate)
- Best month: +5.20% (Jul 2022)
- Worst month: −5.54% (Jun 2022)
TMLDX Fund Flows
Monthly money in and out of Thrivent Multidimensional Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$8.9M
- 12-month gross sales (incl. reinvestments): $9.0M
- Sales ÷ redemptions: 0.50×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2024 | $408K | $1.7M | −$1.3M |
| May 2024 | $473K | $1.9M | −$1.4M |
| Apr 2024 | $974K | $840K | $134K |
| Mar 2024 | $999K | $1.1M | −$52K |
| Feb 2024 | $798K | $1.5M | −$694K |
| Jan 2024 | $690K | $1.1M | −$387K |
| Dec 2023 | $778K | $1.4M | −$611K |
| Nov 2023 | $718K | $1.7M | −$1.0M |
| Oct 2023 | $747K | $1.9M | −$1.2M |
| Sep 2023 | $728K | $1.3M | −$570K |
| Aug 2023 | $988K | $2.2M | −$1.2M |
| Jul 2023 | $712K | $1.4M | −$705K |
TMLDX Assets Under Management
Net assets of Thrivent Multidimensional Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-06-28 | $48.99M |
| 2024-03-28 | $51.89M |
| 2023-12-29 | $52.62M |
| 2023-09-29 | $52.94M |
| 2023-06-30 | $56.62M |
| 2023-03-31 | $59.98M |
| 2022-12-30 | $59.70M |
| 2022-09-30 | $61.21M |
| 2022-06-30 | $63.23M |
| 2022-03-31 | $72.12M |
| 2021-12-31 | $69.29M |
| 2021-09-30 | $59.61M |
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.