# EDGAR Filing Document

**Accession Number:** 0000811869
**File Stem:** 0000811869-25-000130
**Filing Date:** 2025-9
**Character Count:** 44186
**Document Hash:** 5b9160ee2790127f99f3dd773704993f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000811869-25-000130.hdr.sgml**: 20250925

**ACCESSION NUMBER**: 0000811869-25-000130

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250925

**DATE AS OF CHANGE**: 20250925

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** THRIVENT MUTUAL FUNDS
- **CENTRAL INDEX KEY:** 0000811869

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05075
- **FILM NUMBER:** 251342694

**BUSINESS ADDRESS:**
- **STREET 1:** 901 MARQUETTE AVENUE, SUITE 2500
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402-3211
- **BUSINESS PHONE:** 612-844-7190

**MAIL ADDRESS:**
- **STREET 1:** 901 MARQUETTE AVENUE, SUITE 2500
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402-3211

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AAL MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Thrivent Government Bond Fund (Series ID: S000028848)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000088463 | Class A      | TBFAX           |
| C000088464 | Class S      | TBFIX           |

## Nport-Ex

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## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Thrivent Mutual Funds

- **b. Investment Company Act file number:** 811-05075

- **c. CIK number of Registrant:** 0000811869

- **d. LEI of Registrant:** 549300K3CUETFK7U3B57

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 901 Marquette Avenue

  - **City:** Minneapolis

  - **State:** MN

  - **Foreign country:** US

  - **Zip / Postal Code:** 55402-3211

  - **Telephone number:** 612-844-5168

**Item A.2. Information about the Series.**

- **a. Name of Series:** THRIVENT GOVERNMENT BOND FUND

- **b. EDGAR series identifier (if any):** S000028848

- **c. LEI of Series:** 549300BMAP0CZO213A55

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $45155717.37

**Total Liabilities:** $4249004.06

**Net Assets:** $40906713.31

**Delayed Delivery Securities:** $4077480.56

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -2469.00000000 | **1-Year:** 0.00000000 | **5-Year:** -1082.00000000 | **10-Year:** -2342.00000000 | **30-Year:** -10873.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000088464 | -1.03%               | 1.58%                | -0.46%               |
| Class ID C000088463 | -1.06%               | 1.55%                | -0.48%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-18940.82               | $-482728.02                                |
| Month 2  | $-13746.27               | $481109.32                                 |
| Month 3  | $19656.02                | $-283896.65                                |

**Designated Index Information**

- **Index Name:** Bloomberg Custom US Government and Agency Bond Fund benchmark

- **Index Identifier:** I38428US

### Schedule of Portfolio Investments

| Name                                      | Title                                                                                   | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation - REMIC                                          | CUSIP: 3137HHGC9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |    275000 | PA      | $273652.89    | 0.67%             | 2054-09-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation Multifamily Structured Pass Through Certificates | CUSIP: 3137HH6C0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    250000 | PA      | $253992.70    | 0.62%             | 2029-09-25      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation Multifamily Structured Pass Through Certificates | CUSIP: 3137HFNZ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    250000 | PA      | $251461.45    | 0.61%             | 2029-07-25      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| United States Department of The Treasury  | U.S. Treasury Bonds                                                                     | CUSIP: 912810UJ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1200000 | PA      | $1179562.50   | 2.88%             | 2045-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation - REMIC                                          | CUSIP: 3137ASKK9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     14663 | PA      | $14383.78     | 0.04%             | 2041-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks Office of Finance | Federal Home Loan Bank                                                                  | CUSIP: 3130AV4S8<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    950000 | PA      | $946432.12    | 2.31%             | 2043-03-10      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 15-Yr. Pass Through                  | CUSIP: 01F050486<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    425000 | PA      | $426143.62    | 1.04%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 3140L2PV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     84950 | PA      | $67490.35     | 0.16%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation Multifamily Structured Pass Through Certificates | CUSIP: 3137HHHY0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    475000 | PA      | $468330.43    | 1.14%             | 2034-09-25      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation Multifamily Structured Pass Through Certificates | CUSIP: 3137HBPD0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    250000 | PA      | $257610.60    | 0.63%             | 2029-01-25      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| State Street Institutional US             | State Street Institutional U.S. Government Money Market Fund                            | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |    542245 | NS      | $542245.23    | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 01F040685<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    450000 | PA      | $414992.33    | 1.01%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association - REMIC                                           | CUSIP: 3136A9YP7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |     77206 | PA      | $72387.92     | 0.18%             | 2032-11-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation Multifamily Structured Pass Through Certificates | CUSIP: 3137HDV56<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    300000 | PA      | $303867.36    | 0.74%             | 2029-05-25      | Variable      | 4.72%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation - REMIC                                          | CUSIP: 3137H8WJ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |    800000 | PA      | $741813.04    | 1.81%             | 2052-08-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association - REMIC                                           | CUSIP: 3136BTNH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |    140416 | PA      | $136465.51    | 0.33%             | 2053-07-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NAVIENT STUDENT LN TR 2021-1              | Navient Student Loan Trust                                                              | CUSIP: 63942NAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    377178 | PA      | $319745.08    | 0.78%             | 2069-12-26      | Fixed         | 1.31%                 | No            |                  2 | On Loan: No      |
| Federal Agricultural Mortgage Corporation | Federal Agricultural Mortgage Corporation Real Estate Trust                             | CUSIP: 307910AC3<br>LEI: N/A                  | Long             | ABS-CBDO         | USGSE             | US        |    116810 | PA      | $114367.33    | 0.28%             | 2054-08-01      | Variable      | 5.20%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation Conventional 30-Yr. Pass Through                 | CUSIP: 3132DMY41<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    399861 | PA      | $317679.19    | 0.78%             | 2051-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation - REMIC                                          | CUSIP: 3137ATPA4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |    137204 | PA      | $122639.15    | 0.30%             | 2042-06-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO                       | CBOT 2-Yr. U.S. Treasury Note                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |        38 | NC      | $-9427.40     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 3140XJQS5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    561951 | PA      | $492973.07    | 1.21%             | 2051-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation Conventional 30-Yr. Pass Through                 | CUSIP: 3132DTHZ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     90357 | PA      | $82811.76     | 0.20%             | 2047-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation Conventional 30-Yr. Pass Through                 | CUSIP: 3132DVJ55<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    288815 | PA      | $297619.92    | 0.73%             | 2055-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 3140XDND4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    110418 | PA      | $87720.98     | 0.21%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 10-Yr. Pass Through                  | CUSIP: 3140XNJ54<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    618014 | PA      | $588224.09    | 1.44%             | 2033-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation Multifamily Structured Pass Through Certificates | CUSIP: 3137HB2X1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    116130 | PA      | $118252.58    | 0.29%             | 2033-10-25      | Variable      | 4.90%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 3140XHQG5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    550998 | PA      | $499913.32    | 1.22%             | 2050-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation - REMIC                                          | CUSIP: 3137HFAM7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |    450000 | PA      | $420202.98    | 1.03%             | 2054-08-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation Multifamily Structured Pass Through Certificates | CUSIP: 3137HLJ52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    350000 | PA      | $357537.81    | 0.87%             | 2035-02-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| SUNNOVA HESTIA II ISSUER LLC              | Sunnova Hestia II Issuer, LLC                                                           | CUSIP: 86746FAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    276383 | PA      | $274404.28    | 0.67%             | 2051-07-20      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation - REMIC                                          | CUSIP: 31397BJ28<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |    140667 | PA      | $140441.57    | 0.34%             | 2032-01-15      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation - REMIC                                          | CUSIP: 3137H7RW5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |    350000 | PA      | $324019.89    | 0.79%             | 2035-09-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 40-Yr. Pass Through                  | CUSIP: 3140FXTF9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    319933 | PA      | $280732.64    | 0.69%             | 2061-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 01F050684<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1225000 | PA      | $1192167.16   | 2.91%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 3140XJYU1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1686711 | PA      | $1613076.60   | 3.94%             | 2052-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation Conventional 30-Yr. Pass Through                 | CUSIP: 3132E0P71<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    354106 | PA      | $281324.90    | 0.69%             | 2052-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 3140QVAU8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    381811 | PA      | $394386.68    | 0.96%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 01F052680<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1175000 | PA      | $1168779.26   | 2.86%             | 2042-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation - SLST                                           | CUSIP: 35564CKA4<br>LEI: N/A                  | Long             | ABS-CBDO         | USGSE             | US        |    700000 | PA      | $604136.26    | 1.48%             | 2031-05-26      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 01F060683<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    175000 | PA      | $177418.82    | 0.43%             | 2041-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 40-Yr. Pass Through                  | CUSIP: 3140FXVK5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    838299 | PA      | $657290.29    | 1.61%             | 2062-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation Conventional 30-Yr. Pass Through                 | CUSIP: 3133KHK54<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    359744 | PA      | $313758.78    | 0.77%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks Office of Finance | Federal Home Loan Bank Discount Notes                                                   | CUSIP: 313385MB9<br>LEI: 2549001DPIFGXC1TOL40 | Long             | STIV             | USGSE             | US        |    100000 | PA      | $99365.50     | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation Multifamily Structured Pass Through Certificates | CUSIP: 3137HCKV3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    600000 | PA      | $616177.50    | 1.51%             | 2029-03-25      | Variable      | 5.18%                 | No            |                  2 | On Loan: No      |
| United States Department of The Treasury  | U.S. Treasury Notes                                                                     | CUSIP: 91282CMT5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2823000 | PA      | $2824213.01   | 6.90%             | 2032-03-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 01F030686<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    800000 | PA      | $684521.53    | 1.67%             | 2049-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ECMC GROUP STUDENT LN TR 2025-1           | ECMC Group Student Loan Trust                                                           | CUSIP: 26829WAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    383540 | PA      | $383769.31    | 0.94%             | 2025-08-25      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE HIGHER ED LN CORP           | Granite Edvance Corporation                                                             | CUSIP: 644622AC6<br>LEI: 254900HSRKF2XFNCHT93 | Long             | ABS-O            | CORP              | US        |    142536 | PA      | $143524.57    | 0.35%             | 2060-09-25      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 40-Yr. Pass Through                  | CUSIP: 3140FXUH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    338906 | PA      | $310365.73    | 0.76%             | 2061-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ACCESS FDG 2013-1 LLC                     | Access Group, Inc.                                                                      | CUSIP: 00434QAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    220236 | PA      | $219260.22    | 0.54%             | 2036-02-25      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST HGR EDU STUDENT LOAN CORP     | Kentucky Higher Education Student Loan Corporation Student Loan Rev.                    | CUSIP: 49130NFB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    358621 | PA      | $344575.83    | 0.84%             | 2051-03-25      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association - REMIC                                           | CUSIP: 3136AM2W8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |    211107 | PA      | $196685.62    | 0.48%             | 2045-04-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 3140XJBQ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    470024 | PA      | $424055.99    | 1.04%             | 2052-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Thrivent Mutual Funds                     | Thrivent Core Short-Term Reserve Fund                                                   | CUSIP: 88588C207<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    370000 | NS      | $3700000.00   | 9.04%             |  |  |  | No            |                  2 | On Loan: No      |
| ECMC GROUP STUDENT LN TR 2024-1           | ECMC Group Student Loan Trust                                                           | CUSIP: 26828PAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    267616 | PA      | $269701.97    | 0.66%             | 2025-08-25      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation - SCRT                                           | CUSIP: 35563PQN2<br>LEI: N/A                  | Long             | ABS-CBDO         | USGSE             | US        |    327308 | PA      | $260343.17    | 0.64%             | 2059-11-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation Whole Loan Securities Trust                      | CUSIP: 3137G1AK3<br>LEI: N/A                  | Long             | ABS-CBDO         | USGSE             | US        |    213131 | PA      | $185474.78    | 0.45%             | 2045-09-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SUNNOVA HESTIA I ISSUER LLC               | Sunnova Hestia I Issuer, LLC                                                            | CUSIP: 86746BAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    621333 | PA      | $622208.20    | 1.52%             | 2050-12-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TENNESSEE VY AUTH                         | Tennessee Valley Authority                                                              | CUSIP: 880591EH1<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    235000 | PA      | $242348.35    | 0.59%             | 2039-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| United States Department of The Treasury  | U.S. Treasury Notes                                                                     | CUSIP: 91282CNC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    996100 | PA      | $987384.13    | 2.41%             | 2035-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation - SLST                                           | CUSIP: 35564CUE5<br>LEI: N/A                  | Long             | ABS-CBDO         | USGSE             | US        |    400000 | PA      | $338273.16    | 0.83%             | 2035-05-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Department of The Treasury  | U.S. Treasury Bonds                                                                     | CUSIP: 912810SR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    300000 | PA      | $185214.84    | 0.45%             | 2040-05-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation - REMIC                                          | CUSIP: 3137H8JT9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |     70544 | PA      | $69190.31     | 0.17%             | 2051-01-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 3140X9S63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     72705 | PA      | $57680.31     | 0.14%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation Multifamily Structured Pass Through Certificates | CUSIP: 3137HC2C5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    400000 | PA      | $413288.12    | 1.01%             | 2029-01-25      | Variable      | 5.36%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 20-Yr. Pass Through                  | CUSIP: 31418DPM8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    465830 | PA      | $441618.34    | 1.08%             | 2040-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Agricultural Mortgage Corporation | Federal Agricultural Mortgage Corporation Real Estate Trust                             | CUSIP: 30768WAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | USGSE             | US        |    755298 | PA      | $608863.00    | 1.49%             | 2051-01-25      | Variable      | 2.18%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation - REMIC                                          | CUSIP: 3137HLAY8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |    281247 | PA      | $277387.70    | 0.68%             | 2052-05-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HGR EDU LOAN AUTH             | Missouri Higher Education Loan Auth.                                                    | CUSIP: 606072LC8<br>LEI: 549300MTJ0T46T0MPL41 | Long             | ABS-O            | MUN               | US        |    305550 | PA      | $284973.49    | 0.70%             | 2061-01-25      | Fixed         | 1.53%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation - REMIC                                          | CUSIP: 3137HH4B4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |    250000 | PA      | $248585.55    | 0.61%             | 2054-02-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Department of The Treasury  | U.S. Treasury Notes                                                                     | CUSIP: 91282CMW8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2764000 | PA      | $2753635.00   | 6.73%             | 2028-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association - REMIC                                           | CUSIP: 3136BUNX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |    450000 | PA      | $423924.30    | 1.04%             | 2055-01-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| J P MORGAN MTG TR 2024-4                  | J.P. Morgan Mortgage Trust                                                              | CUSIP: 46657WAP3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    175000 | PA      | $177160.94    | 0.43%             | 2054-10-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| GOODGREEN 2019-1                          | Goodgreen                                                                               | CUSIP: 38218DAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    174023 | PA      | $156989.98    | 0.38%             | 2054-10-15      | Fixed         | 3.86%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 3140XQDT1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     90874 | PA      | $83512.27     | 0.20%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation Gold 15-Yr. Pass Through                         | CUSIP: 3132A9Q26<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    123038 | PA      | $118471.40    | 0.29%             | 2030-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation Conventional 15-Yr. Pass Through                 | CUSIP: 3132CXTS1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    379224 | PA      | $386314.00    | 0.94%             | 2040-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 3140X8TA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    443232 | PA      | $350405.64    | 0.86%             | 2050-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation - REMIC                                          | CUSIP: 3137HBLT9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |    236793 | PA      | $205258.17    | 0.50%             | 2054-02-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENNESSEE VY AUTH                         | Tennessee Valley Authority                                                              | CUSIP: 880591FC1<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    420000 | PA      | $406712.84    | 0.99%             | 2055-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation Multifamily Structured Pass Through Certificates | CUSIP: 3137HDXL9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    475000 | PA      | $478361.62    | 1.17%             | 2029-07-25      | Variable      | 4.54%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation Multifamily Structured Pass Through Certificates | CUSIP: 3137HB3D4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    400000 | PA      | $408238.32    | 1.00%             | 2028-10-25      | Variable      | 5.07%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation - REMIC                                          | CUSIP: 3137HJ4Y0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |    425000 | PA      | $406872.56    | 0.99%             | 2055-01-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation Conventional 30-Yr. Pass Through                 | CUSIP: 3133KRMN1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     54674 | PA      | $53662.84     | 0.13%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation - REMIC                                          | CUSIP: 3137HFZM0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |    234000 | PA      | $234667.18    | 0.57%             | 2050-08-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 3140X9SV8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    723605 | PA      | $601581.85    | 1.47%             | 2051-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 15-Yr. Pass Through                  | CUSIP: 3140W15W9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    272683 | PA      | $266515.48    | 0.65%             | 2032-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation Conventional 30-Yr. Pass Through                 | CUSIP: 3133KPF52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    413168 | PA      | $385237.61    | 0.94%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TENNESSEE VY AUTH                         | Tennessee Valley Authority                                                              | CUSIP: 880591FB3<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |     80000 | PA      | $78756.43     | 0.19%             | 2034-08-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| United States Department of The Treasury  | U.S. Treasury Notes                                                                     | CUSIP: 91282CNG2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3025000 | PA      | $3032326.19   | 7.41%             | 2030-05-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 3140QDWK6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    462677 | PA      | $406830.26    | 0.99%             | 2050-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation - REMIC                                          | CUSIP: 3137FTPL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |    558440 | PA      | $441108.13    | 1.08%             | 2050-03-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-27

**Name of Applicant:** Thrivent Mutual Funds

**Signature:** Sarah L. Bergstrom

**Name of Signer:** Sarah L. Bergstrom

**Title:** Treasurer and Principal Accounting Officer