TCPB

Thrivent Core Plus Bond ETF

$51.45

+0.00%

Market closed. Last update: 10:49 PM ET

📎 Investment Objective

The Thrivent Core Plus Bond ETF seeks to provide current income and capital appreciation by investing primarily in a diversified portfolio of investment-grade fixed income securities.

Overview

ETF tracking Thrivent Core Plus Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2025-02-19

Market Cap $247.0M

Average Volume N/A

Dividend Yield 2.82%

52-Week Range $49.80 - $52.24

VWAP $51.48

Performance

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Investment Summary

📎 Investment Objective

The Thrivent Core Plus Bond ETF seeks to provide current income and capital appreciation by investing primarily in a diversified portfolio of investment-grade fixed income securities.

🎯 Investment Strategy

The fund invests in a broad range of fixed income securities, including U.S. government bonds, corporate bonds, mortgage-backed securities, and other debt instruments. The portfolio is actively managed to maintain a duration that is similar to the Bloomberg U.S. Aggregate Bond Index.

✨ Key Features

Broad exposure to investment-grade fixed income securities
Active management to maintain a duration profile similar to the benchmark index
Low expense ratio of 0.00%
Relatively new ETF with limited performance history

⚠️ Primary Risks

Interest rate risk: The fund's value may decline when interest rates rise
Credit risk: The fund is exposed to the risk of default by the issuers of the fixed income securities
Liquidity risk: Some fixed income securities may be difficult to sell, especially during times of market stress
Reinvestment risk: When interest rates decline, the fund may have to reinvest in lower-yielding securities

👤 Best For

The Thrivent Core Plus Bond ETF may be suitable for investors seeking a diversified fixed income investment with a focus on investment-grade bonds and a duration profile similar to the broader bond market. It may be appropriate as a core fixed income holding or as a complement to a balanced portfolio.