Key stats
About Thrivent ETF Trust Thrivent Core Plus Bond ETF
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Inception date
Feb 19, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Thrivent Asset Management LLC
Distributor
ALPS Distributors, Inc.
TCPB is designed to provide broad exposure to the global fixed income market. It upholds its core claim by investing in a variety of US and foreign debt securities, of any maturity, including corporate and government bonds, asset- and mortgage-back securities, preferred stocks, and other income-producing debt securities. The fund primarily holds investment grades but may allocate up to 30% in high yield. It may also invest in USD-denominated foreign debt without limitation on top of holding foreign securities. In selecting constituents, the fund uses fundamental and other investment research techniques to assess a securitys value. Since the fund is actively managed, investment decisions are at the discretion of the adviser. TCPB may also utilize derivatives including US treasury future contracts to manage the funds duration and interest risk. The fund seeks a high level of current income.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Securitized
Corporate
Government
Bonds, Cash & Other100.00%
Securitized40.48%
Corporate40.33%
Government19.17%
Cash0.02%
Stock breakdown by region
North America84.82%
Europe9.17%
Asia2.86%
Latin America1.74%
Africa0.71%
Oceania0.52%
Middle East0.18%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TCPB invests in bonds. The fund's major sectors are Securitized, with 40.48% stocks, and Corporate, with 40.33% of the basket. The assets are mostly located in the North America region.
TCPB top holdings are United States Treasury Notes 4.25% 15-FEB-2028 and United States Treasury Bond 4.5% 15-NOV-2054, occupying 3.30% and 3.25% of the portfolio correspondingly.
TCPB last dividends amounted to 0.19 USD. The month before, the issuer paid 0.18 USD in dividends, which shows a 4.07% increase.
TCPB assets under management is 243.06 M USD. It's fallen 1.59% over the last month.
TCPB fund flows account for 220.58 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, TCPB pays dividends to its holders with the dividend yield of 3.16%. The last dividend (Jun 30, 2025) amounted to 0.19 USD. The dividends are paid monthly.
TCPB shares are issued by Thrivent Financial for Lutherans under the brand Thrivent. The ETF was launched on Feb 19, 2025, and its management style is Active.
TCPB expense ratio is 0.39% meaning you'd have to pay 0.39% of your investment to help manage the fund.
TCPB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TCPB invests in bonds.
TCPB trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.