THRIVENT CORE SHORT-TERM RESERVE FUND
Thrivent Core Funds
Fund classification
Classified from what the fund holds · as of 2026 Q2
THRIVENT CORE SHORT-TERM RESERVE FUND is an actively managed global bond fund.
- Asset class
- Bonds
- Region
- Global
- Management
- Actively managed
- Fund type
- Open-end fund
Fund profile
This fund files no prospectus profile. Unit investment trusts and closed-end funds register on forms that carry no objective or fee tagging, and some fund families file without it — a gap in what was filed, not a fund without an objective or without fees.
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Cash & short-term | 80.32% |
| Bonds | 19.82% |
Latest quarter
What changed since the fund's previous filing
Largest new: CAISSE DES DEPOTS ET CONSIGNATIONS, MOSAIC CO, OWENS CORNING, SUMITOMO MITSUI TRUST BANK LTD (NEW YORK BRANCH), CITY OF HOPE, MID-AMERICA APARTMENTS LP, WELLS FARGO BANK NA, NATIONAL AUSTRALIA BANK LTD
Largest exited: UDR INC, BAY SQUARE FUNDING LLC, BPCE SA, MERCEDES-BENZ FINANCE NORTH AMERICA LLC, NEXTERA ENERGY CAPITAL HOLDINGS INC, AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD, BMW US CAPITAL LLC, CITIBANK NA
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Floating rate | 90.4% |
| Fixed rate | 9.6% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 76.4% |
| 1-3y | 23.6% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
More of this fund’s sensitivity sits in credit spreads than in interest rates — a rate rally that comes with a credit selloff works against it.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Credit spreads | 75% |
| Interest rates | 25% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +0.29 yr |
| High yield | +0.00 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.08 yr | 79% |
| 1 yr | 0.02 yr | 21% |
5 yr and 10 yr are NEGATIVE (-0.00 yr, -0.00 yr) — a deliberate hedge at that point on the curve, so they are not part of the band above.
| 3 mo | 0.15 yr | 52% |
| 1 yr | 0.14 yr | 48% |
| 5 yr | 0.00 yr | 0% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.08 | +0.15 | +0.00 | $45.0k | $644 |
| 1 yr | +0.02 | +0.14 | +0.00 | $41.9k | $0 |
| 5 yr | -0.00 | +0.00 | +0.00 | $354 | $0 |
| 10 yr | -0.00 | +0.00 | +0.00 | $0 | $0 |
| 30 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | CAISSE DES DEPOTS ET CONSIGNATIONS | 0.95% | $29.17M | — |
| — | SVENSKA HANDELSBANKEN AB4.90% floating · due 2026-06-15 | 0.83% | $25.30M | — |
| — | CITIGROUP GLOBAL MARKETS INC | 0.82% | $25.01M | — |
| — | TORONTO-DOMINION BANK (NEW YORK BRANCH) | 0.82% | $25.01M | — |
| — | CITIGROUP GLOBAL MARKETS INC | 0.82% | $25.01M | — |
| — | CITIGROUP GLOBAL MARKETS INC | 0.82% | $25.01M | — |
| — | ROYAL BANK OF CANADA | 0.82% | $25.01M | — |
| — | FALCON ASSET FUNDING LLC | 0.82% | $25.00M | — |
| — | MOSAIC CO | 0.82% | $24.98M | — |
| — | OWENS CORNING | 0.82% | $24.99M | — |
Top 10 positions are 8.33% of net assets, top 25 20.60%, across 111 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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