AAAGX
THRIVENT LARGE CAP GROWTH FUND
Thrivent Mutual Funds
Expense ratio1
0.99%
Net assets2
$4.22B
Holdings2
40
Category
US Equity
2025 return3
16.13%

Investment objective & strategy

As of Feb. 26, 2026 · prospectus

Objective. Thrivent Large Cap Growth Fund (the "Fund") seeks long-term capital appreciation.

Strategy. Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in equity securities of large companies. The Adviser focuses mainly on the equity securities of large domestic and international companies which have market capitalizations equivalent to those included in widely known indices such as the Russell 1000 Index, S&P 500 Index, or the large company market capitalization classifications published by Morningstar or Lipper, Inc. The Fund defines large-cap companies as those with market capitalizations at the time of purchase at or above the market capitalization of the smallest company represented in either the Russell 1000 Index (approximately $1.0 billion as of December 31, 2025) or the S&P 500 … Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in equity securities of large companies. The Adviser focuses mainly on the equity securities of large domestic and international companies which have market capitalizations equivalent to those included in widely known indices such as the Russell 1000 Index, S&P 500 Index, or the large company market capitalization classifications published by Morningstar or Lipper, Inc. The Fund defines large-cap companies as those with market capitalizations at the time of purchase at or above the market capitalization of the smallest company represented in either the Russell 1000 Index (approximately $1.0 billion as of December 31, 2025) or the S&P 500 Index (approximately $5.8 billion as of December 31, 2025). Should the Adviser change the investments used for purposes of this 80% threshold, you will be notified at least 60 days prior to the change. The Fund seeks to achieve its investment objective by investing in common stocks. The Adviser uses fundamental analysis and other investment techniques to identify stocks of companies that it believes have demonstrated and will sustain above-average earnings growth over time, or which are expected to develop rapid sales and earnings growth in the future when compared to the economy and stock market as a whole. Many such companies are in the technology sector and the Fund may at times have a higher concentration in this industry. As a non-diversified fund under the Investment Company Act of 1940, as amended (the 1940 Act), the Fund may focus its investments on the securities of a relatively few number of issuers. The Fund may sell securities for a variety of reasons, such as to secure gains, limit losses, or reposition assets into more promising opportunities.

Top holdings

As of Jan. 30, 2026 · N-PORT
SecurityTickerValue% of fund
NVIDIA CORP $514.20M 12.19%
AMAZON.COM INC $359.14M 8.51%
MICROSOFT CORP $303.80M 7.20%
APPLE INC $276.77M 6.56%
META PLATFORMS INC CL A $219.21M 5.20%
ALPHABET INC CL A $203.07M 4.81%
ALPHABET INC CL C $200.62M 4.76%
BROADCOM INC $180.06M 4.27%
TESLA INC $146.48M 3.47%
VISA INC-CLASS A $132.01M 3.13%
View all holdings →

Allocation by sector

As of January 30, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Oct 31, 2025 → Jan 30, 2026
Opened
6
Exited
3
Increased
21
Decreased
13
Unchanged
0

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

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Advisers

As of October 31, 2025 · N-CEN
FirmRole
Thrivent Asset Management, LLC Adviser

Footnotes

  1. Expense ratio as of February 26, 2026, from the fund's prospectus.
  2. Net assets and holdings count as of January 30, 2026, from the fund's N-PORT filing.
  3. Total return for calendar year 2025, before tax and after fund expenses. As reported in the fund's prospectus performance bar chart.

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