Thrivent Municipal Financials
| AAMBX Fund | USD 10.41 0.02 0.19% |
Thrivent |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Thrivent Municipal Fund Summary
Thrivent Municipal competes with Vanguard Long-term, Vanguard High-yield, Franklin Federal, and Franklin Federal. Under normal market conditions, the fund invests at least 80 percent of its net assets in municipal bonds, the income of which is exempt from federal income taxation. It may count securities that generate income subject to the alternative minimum tax toward the 80 percent investment requirement.Specialization | Muni National Long, Muni National Long |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US8858826212 |
| Business Address | Thrivent Mutual Funds |
| Mutual Fund Family | Thrivent Funds |
| Mutual Fund Category | Muni National Long |
| Benchmark | Dow Jones Industrial |
| Phone | 800 847 4836 |
| Currency | USD - US Dollar |
Thrivent Municipal Key Financial Ratios
Thrivent Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thrivent Municipal's current stock value. Our valuation model uses many indicators to compare Thrivent Municipal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thrivent Municipal competition to find correlations between indicators driving Thrivent Municipal's intrinsic value. More Info.Thrivent Municipal Bond is fourth largest fund in annual yield among similar funds. It also is fourth largest fund in year to date return among similar funds creating about 766.60 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Thrivent Municipal's earnings, one of the primary drivers of an investment's value.Thrivent Municipal Bond Systematic Risk
Thrivent Municipal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Thrivent Municipal volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Thrivent Municipal Bond correlated with the market. If Beta is less than 0 Thrivent Municipal generally moves in the opposite direction as compared to the market. If Thrivent Municipal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thrivent Municipal Bond is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thrivent Municipal is generally in the same direction as the market. If Beta > 1 Thrivent Municipal moves generally in the same direction as, but more than the movement of the benchmark.
Thrivent Municipal December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Thrivent Municipal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Thrivent Municipal Bond. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thrivent Municipal Bond based on widely used predictive technical indicators. In general, we focus on analyzing Thrivent Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thrivent Municipal's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4597 | |||
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 1.75 | |||
| Value At Risk | (0.48) | |||
| Potential Upside | 0.3902 |
Other Information on Investing in Thrivent Mutual Fund
Thrivent Municipal financial ratios help investors to determine whether Thrivent Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thrivent with respect to the benefits of owning Thrivent Municipal security.
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