Key stats
About Thrivent ETF Trust Thrivent Ultra Short Bond ETF
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Inception date
Feb 19, 2025
Structure
Open-Ended Fund
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
Government
Securitized
Bonds, Cash & Other100.00%
Corporate69.72%
Government28.94%
Securitized21.65%
Cash1.55%
Futures−21.86%
Stock breakdown by region
North America88.06%
Europe10.28%
Oceania1.23%
Asia0.43%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history