Key stats
About Thrivent ETF Trust Thrivent Ultra Short 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.
TUSB provides segmented exposure to the US fixed income market by actively investing in ultra-short term domestic debt securities with investment grade credit rating. These securities include corporate and government bonds, asset- and mortgage-back securities, preferred stocks, collateralized debt obligations, and other income-producing debt securities. It may also invest a portion in USD-denominated debt of foreign companies. To maintain its ultra-short niche, the fund aims for a dollar-weighted average effective maturity of two years or less. 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. TUSB 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
Corporate
Securitized
Government
Bonds, Cash & Other100.00%
Corporate69.84%
Securitized35.89%
Government18.47%
Cash0.62%
Miscellaneous0.19%
Futures−25.02%
Stock breakdown by region
North America83.50%
Europe12.10%
Oceania3.36%
Asia1.04%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TUSB invests in bonds. The fund's major sectors are Corporate, with 69.84% stocks, and Securitized, with 35.89% of the basket. The assets are mostly located in the North America region.
TUSB top holdings are United States Treasury Notes 4.875% 30-NOV-2025 and Goldman Sachs Group, Inc. FRN 23-APR-2028, occupying 18.17% and 1.23% of the portfolio correspondingly.
TUSB last dividends amounted to 0.17 USD. The month before, the issuer paid 0.17 USD in dividends, which shows a 4.29% increase.
TUSB assets under management is 163.30 M USD. It's risen 19.08% over the last month.
TUSB fund flows account for 152.69 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, TUSB pays dividends to its holders with the dividend yield of 3.29%. The last dividend (Jun 30, 2025) amounted to 0.17 USD. The dividends are paid monthly.
TUSB 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.
TUSB expense ratio is 0.20% meaning you'd have to pay 0.20% of your investment to help manage the fund.
TUSB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TUSB invests in bonds.
TUSB trades at a premium (0.17%) meaning the ETF is trading at a higher price than the calculated NAV.