# EDGAR Filing Document

**Accession Number:** 0000811869
**File Stem:** 0001752724-23-051368
**Filing Date:** 2023-3
**Character Count:** 72225
**Document Hash:** 7e24eb6d0f8bebfc54005bd4bc06b0ea
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-051368.hdr.sgml**: 20230309

**ACCESSION NUMBER**: 0001752724-23-051368

**CONFORMED SUBMISSION TYPE**: N-CEN

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230309

**DATE AS OF CHANGE**: 20230309

**EFFECTIVENESS DATE**: 20230309

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** THRIVENT MUTUAL FUNDS
- **CENTRAL INDEX KEY:** 0000811869
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** N-CEN
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05075
- **FILM NUMBER:** 23719004

**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 Diversified Income Plus Fund (Series ID: S000001341)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003588 | Class A      | AAHYX           |
| C000003590 | Class S      | THYFX           |

### Thrivent Multidimensional Income Fund (Series ID: S000056339)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000177512 | Class S      | TMLDX           |

## Internal

To

the

Board

of

Trustees

of

Thrivent

Mutual

Funds

and

Shareholders

of

Thrivent

Diversified

Income

Plus

Fund

and

Thrivent

Multidimensional

Income

Fund

In

planning

and

performing

our

audits

of

the

financial

statements

of

Thrivent

Diversified

Income

Plus

Fund

and

Thrivent

Multidimensional

Income

Fund

(two

of

the

funds

constituting

Thrivent

Mutual

Funds,

hereafter

collectively

referred

to

as

the

"Funds")

as

of

and

for

the

year

ended

December

31,

2022,

in

accordance

with

the

standards

of

the

Public

Company

Accounting

Oversight

Board

(United

States)

(PCAOB),

we

considered

the

Funds'

internal

control

over

financial

reporting,

including

controls

over

safeguarding

securities,

as

a

basis

for

designing

our

auditing

procedures

for

the

purpose

of

expressing

our

opinion

on

the

financial

statements

and

to

comply

with

the

requirements

of

Form

N-CEN,

but

not

for

the

purpose

of

expressing

an

opinion

on

the

effectiveness

of

the

Funds'

internal

control

over

financial

reporting.

Accordingly,

we

do

not

express

an

opinion

on

the

effectiveness

of

the

Funds'

internal

control

over

financial

reporting.

The

management

of

the

Funds

is

responsible

for

establishing

and

maintaining

effective

internal

control

over

financial

reporting.

In

fulfilling

this

responsibility,

estimates

and

judgments

by

management

are

required

to

assess

the

expected

benefits

and

related

costs

of

controls.

A

company's

internal

control

over

financial

reporting

is

a

process

designed

to

provide

reasonable

assurance

regarding

the

reliability

of

financial

reporting

and

the

preparation

of

financial

statements

for

external

purposes

in

accordance

with

generally

accepted

accounting

principles.

A

company's

internal

control

over

financial

reporting

includes

those

policies

and

procedures

that

(1) pertain

to

the

maintenance

of

records

that,

in

reasonable

detail,

accurately

and

fairly

reflect

the

transactions

and

dispositions

of

the

assets

of

the

company;

(2) provide

reasonable

assurance

that

transactions

are

recorded

as

necessary

to

permit

preparation

of

financial

statements

in

accordance

with

generally

accepted

accounting

principles,

and

that

receipts

and

expenditures

of

the

company

are

being

made

only

in

accordance

with

authorizations

of

management

and

directors

of

the

company;

and

(3) provide

reasonable

assurance

regarding

prevention

or

timely

detection

of

unauthorized

acquisition,

use

or

disposition

of

a

company's

assets

that

could

have

a

material

effect

on

the

financial

statements.

Because

of

its

inherent

limitations,

internal

control

over

financial

reporting

may

not

prevent

or

detect

misstatements.

Also,

projections

of

any

evaluation

of

effectiveness

to

future

periods

are

subject

to

the

risk

that

controls

may

become

inadequate

because

of

changes

in

conditions,

or

that

the

degree

of

compliance

with

the

policies

or

procedures

may

deteriorate.

A

deficiency

in

internal

control

over

financial

reporting

exists

when

the

design

or

operation

of

a

control

does

not

allow

management

or

employees,

in

the

normal

course

of

performing

their

assigned

functions,

to

prevent

or

detect

misstatements

on

a

timely

basis.

A

material

weakness

is

a

deficiency,

or

a

combination

of

deficiencies,

in

internal

control

over

financial

reporting,

such

that

there

is

a

reasonable

possibility

that

a

material

misstatement

of

the

company's

annual

or

interim

financial

statements

will

not

be

prevented

or

detected

on

a

timely

basis.

Our

consideration

of

the

Funds'

internal

control

over

financial

reporting

was

for

the

limited

purpose

described

in

the

first

paragraph

and

would

not

necessarily

disclose

all

deficiencies

in

internal

control

over

financial

reporting

that

might

be

material

weaknesses

under

standards

established

by

the

PCAOB.

However,

we

noted

no

deficiencies

in

the

Funds'

internal

control

over

financial

reporting

and

its

operation,

including

controls

over

safeguarding

securities,

that

we

consider

to

be

material

weaknesses

as

defined

above

as

of

December

31,

2022. PricewaterhouseCoopers

LLP,

South

Seventh

Street,

Suite

3400,

Minneapolis,

MN

55402

T:

(612) 596

6000,

www.pwc.com/us

Report

of

Independent

Registered

Public

Accounting

Firm

This

report

is

intended

solely

for

the

information

and

use

of

the

Board

of

Trustees

of

Thrivent

Mutual

Funds

and

the

Securities

and

Exchange

Commission

and

is

not

intended

to

be

and

should

not

be

used

by

anyone

other

than

these

specified

parties.

February

16,

2023

# Form N-CEN: Annual Report for Registered Investment Companies

## N-CEN: Filer Information
**Submission Type:** N-CEN
**CIK:** 0000811869

## N-CEN: Series/Class (Contract) Information

**Series ID Record:1**
- **Series ID:** S000056339

**Series ID Record:2**
- **Series ID:** S000001341

### N-CEN: Part A: General Information

**Item A.1.a - Report for period ending:** 2022-12-31

**Item A.1.b - Does this report cover a period of less than 12 months?:** No

## N-CEN: Part B: Information About the Registrant

- **Item B.1.a - Full name of Registrant:** Thrivent Mutual Funds

- **Item B.1.b - Investment Company Act file number:** 811-05075

- **Item B.1.c - CIK:** 0000811869

- **Item B.1.d - LEI:** 549300K3CUETFK7U3B57

- **Item B.2.a - Street 1:** 901 Marquette Avenue

- **Item B.2.a - Street 2:** Suite 2500

- **Item B.2.b - City:** Minneapolis

- **Item B.2.c - State:** MN

- **Item B.2.e - Zip Code:** 55402-3211

- **Item B.2.f - Telephone:** 612-844-5168

- **Item B.2.g - Public Website:** www.ThriventFunds.com

### Item B.3 - Location of books and records

**Location books Record: 1**

- **a. Name of person (e.g., a custodian of records):** Thrivent Mutual Funds

- **b. Street 1:** 4321 North Ballard Road

- **c. City:** Appleton

- **d. State, if applicable:** WI

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 54919-0001

- **g. Telephone number:** 800-847-4836

- **h. Briefly describe the books and records kept at this location:** Advisory personnel (mostly in Accounting- and Investment-related functions) are also located in Appleton. As a result, certain books and records of the adviser are maintained here.

**Location books Record: 2**

- **a. Name of person (e.g., a custodian of records):** Thrivent Mutual Funds

- **b. Street 1:** 901 Marquette Avenue

- **Street 2:** Suite 2500

- **c. City:** Minneapolis

- **d. State, if applicable:** MN

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 55402-3211

- **g. Telephone number:** 800-847-4836

- **h. Briefly describe the books and records kept at this location:** The accounts, books and other documents required to be maintained pursuant to Section 31(a) of the Investment Company Act of 1940 and the rules promulgated thereunder.

**Location books Record: 3**

- **a. Name of person (e.g., a custodian of records):** Institutional Shareholder Services

- **b. Street 1:** 702 King Farm Boulevard

- **Street 2:** Suite 400

- **c. City:** Rockville

- **d. State, if applicable:** MD

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 20850

- **g. Telephone number:** 301-556-0500

- **h. Briefly describe the books and records kept at this location:** Certain books and records related to proxy voting are maintained at Institutional Shareholder Services.

**Location books Record: 4**

- **a. Name of person (e.g., a custodian of records):** DST Systems, Inc.

- **b. Street 1:** 1055 Broadway

- **c. City:** Kansas City

- **d. State, if applicable:** MO

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 64105

- **g. Telephone number:** 816-435-1000

- **h. Briefly describe the books and records kept at this location:** DST Systems Inc. is the sub-transfer agent to Thrivent Mutual Funds (TMF).  It maintains certain books and records of TMF at this location.

**Location books Record: 5**

- **a. Name of person (e.g., a custodian of records):** Iron Mountain

- **b. Street 1:** 1850 Enterprise Drive

- **c. City:** De Pere

- **d. State, if applicable:** WI

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 54115

- **g. Telephone number:** 920-339-0135

- **h. Briefly describe the books and records kept at this location:** Certain books and records of Thrivent Mutual Funds (which no longer have to be maintained at corporate headquarters) are maintained at this location.

**Location books Record: 6**

- **a. Name of person (e.g., a custodian of records):** State Street Bank and Trust Company

- **b. Street 1:** One Lincoln Street

- **c. City:** Boston

- **d. State, if applicable:** MA

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 02111

- **g. Telephone number:** 617-786-3000

- **h. Briefly describe the books and records kept at this location:** State Street Bank and Trust Company is the custodian for Thrivent Mutual Funds (TMF).  It maintains certain books and records of TMF at this location.

**Location books Record: 7**

- **a. Name of person (e.g., a custodian of records):** CIOX Health

- **b. Street 1:** 1030 Ontario Road

- **c. City:** Green Bay

- **d. State, if applicable:** WI

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 54311

- **g. Telephone number:** 920-469-5000

- **h. Briefly describe the books and records kept at this location:** Certain books and records of Thrivent Mutual Funds (which no longer have to be maintained onsite) may be maintained at this location.

- **Item B.4.a - Is this the first filing by the Registrant?:** No

- **Item B.4.b - Is this the last filing by the Registrant?:** No

- **Item B.5.a - Is the Registrant part of a family of investment companies?:** Yes

- **Item B.5.a.i - Full name of family of investment companies:** Thrivent Funds

### Item B.6 - Organization

- [x] a. Open-end management investment company registered under the Act on Form N-1A

- [ ] b. Closed-end management investment company registered under the Act on Form N-2

- [ ] c. Separate account offering variable annuity contracts which is registered under the Act as a management investment company on Form N-3

- [ ] d. Separate account offering variable annuity contracts which is registered under the Act as a unit investment trust on Form N-4

- [ ] e. Small business investment company registered under the Act on Form N-5

- [ ] f. Separate account offering variable insurance contracts which is registered under the Act as a unit investment trust on Form N-6

- [ ] g. Unit investment trust registered under the Act on Form N-8B-2

- **Item B.6.i - Total number of Series:** 25

- **Item B.7 - Is the Registrant the issuer of a class of securities registered under the Securities Act?:** Yes

### Item B.8 - Directors

| Name                 | Is Interested Person?   | Other Investment Company File Numbers                 |
|:---|:---|:---|
| Michael W. Kremenak  | Yes                     | 811-23362, 811-21622, 811-23149, 811-23759, 811-04603 |
| Arleas Upton Kea     | No                      | 811-23759, 811-04603, 811-21622, 811-23149            |
| Janice B. Case       | No                      | 811-23149, 811-23759, 811-21622, 811-04603            |
| Robert J. Chersi     | No                      | 811-21622, 811-23149, 811-04603, 811-23759            |
| Constance L. Souders | No                      | 811-23149, 811-04603, 811-23759, 811-21622            |
| Paul R. Laubscher    | No                      | 811-23149, 811-21622, 811-04603, 811-23759            |
| James A. Nussle      | No                      | 811-21622, 811-23149, 811-23759, 811-04603            |
| David S. Royal       | Yes                     | 811-04603, 811-23362, 811-21622, 811-23149, 811-23759 |
| Robert J. Manilla    | No                      | 811-04603, 811-21622, 811-23149, 811-23759            |
| James W. Runcie      | No                      | 811-23759, 811-04603, 811-23149, 811-21622            |

### Item B.9. Chief compliance officer.

**Chief compliance officer Record: 1**

- **a. Full Name:** Edward S. Dryden

- **b. CRD Number, if any:** 002033420

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

- **   Street Address 2:** Suite 2500

- **d. City:** Minneapolis

- **e. State, if applicable:** MN

- **f. Foreign country, if applicable:** US

- **g. Zip code:** 55402-3211

- **h. Telephone number:** XXXXXX

- **i. Has the chief compliance officer changed since the last filing?:** No

If the chief compliance officer is compensated or employed by any person other than the Registrant, provide:

**CCO employer Record: 1**

- **i. Name of the person:** —

- **ii. Person’s IRS Employer Identification Number:** —

### Item B.10. Matters for security holder vote.

- **Were any matters submitted by the Registrant for its security holders’ vote during the reporting period?** —

- **Item B.11.a - Have there been any material legal proceedings?:** No

- **Item B.11.b - Has any proceeding previously reported been terminated?:** No

- **Item B.12.a - Were any claims with respect to the Registrant filed under a fidelity bond?:** No

- **Item B.13.a - Are the Registrant's officers or directors covered under any insurance policy?:** Yes

- **Item B.13.a.i - If yes, were any claims filed under the policy during the reporting period?:** No

- **Item B.14 - Did an affiliated person provide any form of financial support to the Registrant?:** No

- **Item B.15.a.i - Release numbers:**
  - IC-22158
  - IC-28267

### Item B.16. Principal underwriters.

**Principal underwriter Record: 1**

- **i. Full name:** Thrivent Distributors, LLC

- **ii. SEC file number:** 008-69606

- **iii. CRD number:** 000179512

- **iv. LEI, if any:** N/A

- **v. State, if applicable:** MN

- **vi. Foreign country, if applicable:** US

- **vii. Is the principal underwriter an affiliated person...?:** Yes

- **b. Have any principal underwriters been hired or terminated during the reporting period?** No

### Item B.17. Independent public accountant.

**Public accountant Record: 1**

- **a. Full Name:** PricewaterhouseCoopers, LLP

- **b. PCAOB Number:** 238

- **c. LEI, if any:** 5493002GVO7EO8RNNS37

- **d. State, if applicable:** NY

- **e. Foreign country, if applicable:** US

- **f. Has the independent public accountant changed since the last filing?** No

- **Item B.18 - Did an independent public accountant's report on internal control note any material weaknesses?:** No

- **Item B.19 - Did an independent public accountant issue an opinion other than an unqualified opinion?:** No

- **Item B.20 - Have there been material changes in the method of valuation?:** No

- **Item B.21 - Have there been any changes in accounting principles or practices?:** No

- **Item B.22.a - Were any payments made to shareholders as a result of an error in calculating NAV?:** No

## Part C: Additional Questions for Management Investment Companies

### Management Investment Record: 1 - THRIVENT MULTIDIMENSIONAL INCOME FUND

**Item C.1. Background information.**

- **a. Full Name of the Fund:** THRIVENT MULTIDIMENSIONAL INCOME FUND

- **b. Series identification number, if any:** S000056339

- **c. LEI:** 549300FGR3XWGD5K6G18

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 1

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class   | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | Class S                 | C000177512                                | TMLDX                        |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [ ] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [x] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** No

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

- **b. Did the Fund lend any of its securities during the reporting period?** Yes

  - **i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:**

    - **1. The Fund (or it securities lending agent) liquidated collateral pledged to secure the loaned securities?** No

    - **2. The Fund was otherwise adversely impacted?** No

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** Goldman Sachs Bank USA

- **ii. LEI, if any:** KD3XUN7C6T14HNAYLU02

- **iii. Is the securities lending agent an affiliated person...?** No

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:**

**Collateral Managers Record: 1**

- **i. Full name of cash collateral manager:** Thrivent Financial for Lutherans

- **ii. LEI, if any:** 549300NRF8VJL4TLMI28

- **iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund??** No

- **iv. Is the cash collateral manager an affiliated person of the Fund?** Yes

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [ ] Administrative fee

- [ ] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [ ] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** $2,543,605.40

- **g. Provide the net income from securities lending activities:** $36,859.66

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 12d1-4 (17 CFR 270.12d1-4)

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** Yes

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** Thrivent Asset Management LLC

- **ii. SEC file number:** 801-64988

- **iii. CRD number:** 000137751

- **iv. LEI, if any:** 549300GBHRGIIVYQKK63

- **v. State, if applicable:** MN

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** Thrivent Financial Investor Services Inc.

- **ii. SEC file number:** 084-01547

- **iii. LEI, if any:** N/A

- **iv. State, if applicable:** MN

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vii. Is the transfer agent a sub-transfer agent?:** No

**Transfer Agents Record: 2**

- **i. Full name:** DST Systems Inc.

- **ii. SEC file number:** 084-00448

- **iii. LEI, if any:** 21B7QCD05XOK0YTYOP98

- **iv. State, if applicable:** MO

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** No

- **vii. Is the transfer agent a sub-transfer agent?:** Yes

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** Bloomberg L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300B56MD0ZC402L06

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** ICE Data Pricing & Reference Data, LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 5493000NQ9LYLDBCTL34

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** S&P Global Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** Y6X4K52KMJMZE717MY94

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** PricingDirect Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300WIC0TOJ7N7GD54

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

**Shareholder Servicing Agents Record: 1**

- **i. Full name:** DST Systems Inc.

- **ii. LEI, if any:** 21B7QCD05XOK0YTYOP98

- **iii. State, if applicable:** MO

- **iv. Foreign country, if applicable:** US

- **v. Is the shareholder servicing agent an affiliated person?:** No

- **vi. Is the shareholder servicing agent a sub-shareholder servicing agent?:** Yes

**Shareholder Servicing Agents Record: 2**

- **i. Full name:** Thrivent Financial Investor Services Inc.

- **ii. LEI, if any:** 0000817712

- **iii. State, if applicable:** MN

- **iv. Foreign country, if applicable:** US

- **v. Is the shareholder servicing agent an affiliated person?:** Yes

- **vi. Is the shareholder servicing agent a sub-shareholder servicing agent?:** No

- **b. Has a shareholder servicing agent been hired or terminated during the reporting period?** No

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** Thrivent Asset Management LLC

- **ii. LEI, if any, or other identifying number:** 549300GBHRGIIVYQKK63

- **iii. State, if applicable:** MN

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** Thrivent Investment Management Inc.

- **b. SEC file number:** 008-36525

- **c. CRD number:** 000018387

- **d. LEI, if any:** N/A

- **e. State, if applicable:** MN

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** Thrivent Distributors, LLC

- **b. SEC file number:** 008-69606

- **c. CRD number:** 000179512

- **d. LEI, if any:** N/A

- **e. State, if applicable:** MN

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** COWEN AND COMPANY

- **ii. SEC file number:** 008-22522

- **iii. CRD number:** 000007616

- **iv. LEI, if any:** 549300WR155U7DVMIW58

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $1,851.55

**Brokers Record: 2**

- **i. Full name of broker:** BOFA SECURITIES, INC.

- **ii. SEC file number:** 008-69787

- **iii. CRD number:** 000283942

- **iv. LEI, if any:** 549300HN4UKV1E2R3U73

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $862.88

**Brokers Record: 3**

- **i. Full name of broker:** PIPER SANDLER & CO.

- **ii. SEC file number:** 008-15204

- **iii. CRD number:** 000000665

- **iv. LEI, if any:** 549300GRQCWQ3XGH0H10

- **v. State, if applicable:** MN

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $1,825.68

**Brokers Record: 4**

- **i. Full name of broker:** MORGAN STANLEY & CO. LLC

- **ii. SEC file number:** 008-95421

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPT507KV3UQJZQ078

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $496.24

**Brokers Record: 5**

- **i. Full name of broker:** RBC CAPITAL MARKETS, LLC

- **ii. SEC file number:** 008-45411

- **iii. CRD number:** 000031194

- **iv. LEI, if any:** 549300LCO2FLSSVFFR64

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $779.94

**Brokers Record: 6**

- **i. Full name of broker:** SANFORD C. BERNSTEIN & CO., LLC

- **ii. SEC file number:** 008-52942

- **iii. CRD number:** 000104474

- **iv. LEI, if any:** 549300I7JYZHT7D5CO04

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $5,340.79

**Brokers Record: 7**

- **i. Full name of broker:** STEPHENS INC.

- **ii. SEC file number:** 008-01927

- **iii. CRD number:** 000003496

- **iv. LEI, if any:** 213800LH6T9XDYZCA534

- **v. State, if applicable:** AR

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $1,012.00

**Brokers Record: 8**

- **i. Full name of broker:** DEUTSCHE BANK SECURITIES INC.

- **ii. SEC file number:** 008-17822

- **iii. CRD number:** 000002525

- **iv. LEI, if any:** 9J6MBOOO7BECTDTUZW19

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $692.00

**Brokers Record: 9**

- **i. Full name of broker:** RAYMOND JAMES & ASSOCIATES, INC.

- **ii. SEC file number:** 008-10999

- **iii. CRD number:** 000000705

- **iv. LEI, if any:** U4ONQX15J3RO8XCKE979

- **v. State, if applicable:** FL

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $2,127.75

**Brokers Record: 10**

- **i. Full name of broker:** ROBERT W. BAIRD & CO. INCORPORATED

- **ii. SEC file number:** 008-00497

- **iii. CRD number:** 000008158

- **iv. LEI, if any:** 549300772UJAHRD6LO53

- **v. State, if applicable:** WI

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $1,651.08

**Aggregate Commission:** $18,953.31

**Item C.17.a. Principal transaction counterparties.**

| Name                               | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| MORGAN STANLEY & CO. LLC           | 008-95421         |    000008209 | 9R7GPT507KV3UQJZQ078 | NY      | US        | $8,768,931.33             |
| WELLS FARGO SECURITIES, LLC        | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $15,688,658.09            |
| CREDIT SUISSE SECURITIES (USA) LLC | 008-00422         |    000000816 | 1V8Y6QCX6YMJ2OELII46 | NY      | US        | $1,043,211.89             |
| RBC CAPITAL MARKETS, LLC           | 008-45411         |    000031194 | 549300LCO2FLSSVFFR64 | NY      | US        | $1,111,518.67             |
| UBS SECURITIES LLC                 | 008-22651         |    000007654 | T6FIZBDPKLYJKFCRVK44 | NY      | US        | $919,703.95               |
| J.P. MORGAN SECURITIES LLC         | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $10,887,457.77            |
| BARCLAYS CAPITAL INC.              | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $985,074.35               |
| GOLDMAN SACHS & CO. LLC            | 008-00129         |    000000361 | FOR8UP27PHTHYVLBNG30 | NY      | US        | $1,952,527.31             |
| CITIGROUP GLOBAL MARKETS INC.      | 008-08177         |    000007059 | MBNUM2BPBDO7JBLYG310 | NY      | US        | $5,194,385.35             |
| BOFA SECURITIES, INC.              | 008-69787         |    000283942 | 549300HN4UKV1E2R3U73 | NY      | US        | $3,708,541.22             |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $56,749,310.29

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** Yes

- **Item C.19.a - Fund's monthly average net assets:** $66,342,345.83

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $50,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** State Street Bank and Trust Company

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                          | SEC File number   |
|:---|:---|
| Thrivent Large Cap Index Portfolio                    | 811-04603         |
| Thrivent Government Bond Portfolio                    | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio | 811-04603         |
| Thrivent Aggressive Allocation Portfolio              | 811-04603         |
| Thrivent Small Cap Growth Portfolio                   | 811-04603         |
| Thrivent Low Volatility Equity Portfolio              | 811-04603         |
| Thrivent Global Stock Fund                            | 811-05075         |
| Thrivent International Index Portfolio                | 811-04603         |
| Thrivent Large Cap Value Fund                         | 811-05075         |
| Thrivent Large Cap Growth Portfolio                   | 811-04603         |
| Thrivent High Income Municipal Bond Fund              | 811-05075         |
| Thrivent Mid Cap Growth Fund                          | 811-05075         |
| Thrivent Mid Cap Value Fund                           | 811-05075         |
| Thrivent Municipal Bond Fund                          | 811-05075         |
| Thrivent Limited Maturity Bond Fund                   | 811-05075         |
| Thrivent Small Cap Stock Portfolio                    | 811-04603         |
| Thrivent Opportunity Income Plus Fund                 | 811-05075         |
| Thrivent Aggressive Allocation Fund                   | 811-05075         |
| Thrivent Balanced Income Plus Portfolio               | 811-04603         |
| Thrivent High Yield Portfolio                         | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                     | 811-04603         |
| Thrivent High Yield Fund                              | 811-05075         |
| Thrivent Global Stock Portfolio                       | 811-04603         |
| Thrivent International Allocation Fund                | 811-05075         |
| Thrivent Diversified Income Plus Fund                 | 811-05075         |
| Thrivent International Allocation Portfolio           | 811-04603         |
| Thrivent Small Cap Stock Fund                         | 811-05075         |
| Thrivent Balanced Income Plus Fund                    | 811-05075         |
| Thrivent Moderate Allocation Portfolio                | 811-04603         |
| Thrivent Mid Cap Stock Fund                           | 811-05075         |
| Thrivent Partner Healthcare Portfolio                 | 811-04603         |
| Thrivent Income Fund                                  | 811-05075         |
| Thrivent Income Portfolio                             | 811-04603         |
| Thrivent Mid Cap Value Portfolio                      | 811-04603         |
| Thrivent Government Bond Fund                         | 811-05075         |
| Thrivent Diversified Income Plus Portfolio            | 811-04603         |
| Thrivent Limited Maturity Bond Portfolio              | 811-04603         |
| Thrivent ESG Index Portfolio                          | 811-04603         |
| Thrivent Mid Cap Index Portfolio                      | 811-04603         |
| Thrivent Real Estate Securities Portfolio             | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund      | 811-05075         |
| Thrivent Small Cap Index Portfolio                    | 811-04603         |
| Thrivent Multidimensional Income Portfolio            | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                      | 811-04603         |
| Thrivent Moderate Allocation Fund                     | 811-05075         |
| Thrivent Low Volatility Equity Fund                   | 811-05075         |
| Thrivent Large Cap Value Portfolio                    | 811-04603         |
| Thrivent Opportunity Income Plus Portfolio            | 811-04603         |
| Thrivent Large Cap Growth Fund                        | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund        | 811-05075         |
| Thrivent Small Cap Growth Fund                        | 811-05075         |
| Thrivent All Cap Portfolio                            | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio   | 811-04603         |
| Thrivent Partner Emerging Markets Equity Portfolio    | 811-04603         |

- **v. Did the Fund draw on the line of credit this period?** No

**Line of Credit details Record: 2**

- **i. Is the line of credit a committed or uncommitted line of credit?** Uncommitted

- **ii. What size is the line of credit?** $50,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** State Street Bank and Trust Company

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                          | SEC File number   |
|:---|:---|
| Thrivent Large Cap Value Fund                         | 811-05075         |
| Thrivent Aggressive Allocation Portfolio              | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio | 811-04603         |
| Thrivent Opportunity Income Plus Fund                 | 811-05075         |
| Thrivent Partner Healthcare Portfolio                 | 811-04603         |
| Thrivent Moderate Allocation Portfolio                | 811-04603         |
| Thrivent Aggressive Allocation Fund                   | 811-05075         |
| Thrivent Moderately Conservative Allocation Fund      | 811-05075         |
| Thrivent Mid Cap Stock Fund                           | 811-05075         |
| Thrivent Mid Cap Value Portfolio                      | 811-04603         |
| Thrivent High Yield Portfolio                         | 811-04603         |
| Thrivent Small Cap Growth Fund                        | 811-05075         |
| Thrivent Mid Cap Growth Fund                          | 811-05075         |
| Thrivent Moderate Allocation Fund                     | 811-05075         |
| Thrivent Partner Emerging Markets Equity Portfolio    | 811-04603         |
| Thrivent Income Fund                                  | 811-05075         |
| Thrivent Small Cap Index Portfolio                    | 811-04603         |
| Thrivent Global Stock Fund                            | 811-05075         |
| Thrivent Low Volatility Equity Portfolio              | 811-04603         |
| Thrivent Mid Cap Value Fund                           | 811-05075         |
| Thrivent Mid Cap Stock Portfolio                      | 811-04603         |
| Thrivent Global Stock Portfolio                       | 811-04603         |
| Thrivent Small Cap Stock Portfolio                    | 811-04603         |
| Thrivent Real Estate Securities Portfolio             | 811-04603         |
| Thrivent Small Cap Stock Fund                         | 811-05075         |
| Thrivent Limited Maturity Bond Fund                   | 811-05075         |
| Thrivent Large Cap Growth Portfolio                   | 811-04603         |
| Thrivent Low Volatility Equity Fund                   | 811-05075         |
| Thrivent ESG Index Portfolio                          | 811-04603         |
| Thrivent Government Bond Portfolio                    | 811-04603         |
| Thrivent All Cap Portfolio                            | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                     | 811-04603         |
| Thrivent International Allocation Fund                | 811-05075         |
| Thrivent Balanced Income Plus Fund                    | 811-05075         |
| Thrivent Income Portfolio                             | 811-04603         |
| Thrivent High Income Municipal Bond Fund              | 811-05075         |
| Thrivent Municipal Bond Fund                          | 811-05075         |
| Thrivent International Allocation Portfolio           | 811-04603         |
| Thrivent Large Cap Index Portfolio                    | 811-04603         |
| Thrivent Opportunity Income Plus Portfolio            | 811-04603         |
| Thrivent International Index Portfolio                | 811-04603         |
| Thrivent Limited Maturity Bond Portfolio              | 811-04603         |
| Thrivent High Yield Fund                              | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund        | 811-05075         |
| Thrivent Large Cap Value Portfolio                    | 811-04603         |
| Thrivent Diversified Income Plus Portfolio            | 811-04603         |
| Thrivent Mid Cap Index Portfolio                      | 811-04603         |
| Thrivent Diversified Income Plus Fund                 | 811-05075         |
| Thrivent Large Cap Growth Fund                        | 811-05075         |
| Thrivent Government Bond Fund                         | 811-05075         |
| Thrivent Small Cap Growth Portfolio                   | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio   | 811-04603         |
| Thrivent Balanced Income Plus Portfolio               | 811-04603         |
| Thrivent Multidimensional Income Portfolio            | 811-04603         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

**Item C.21. Swing pricing.**

- **a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?** No

### Management Investment Record: 2 - THRIVENT DIVERSIFIED INCOME PLUS FUND

**Item C.1. Background information.**

- **a. Full Name of the Fund:** THRIVENT DIVERSIFIED INCOME PLUS FUND

- **b. Series identification number, if any:** S000001341

- **c. LEI:** 4N3KJY04WTHIJBZ2U251

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 2

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class   | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | Class S                 | C000003590                                | THYFX                        |
|                           2 | Class A                 | C000003588                                | AAHYX                        |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [ ] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [x] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** No

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

- **b. Did the Fund lend any of its securities during the reporting period?** Yes

  - **i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:**

    - **1. The Fund (or it securities lending agent) liquidated collateral pledged to secure the loaned securities?** No

    - **2. The Fund was otherwise adversely impacted?** No

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** Goldman Sachs Bank USA

- **ii. LEI, if any:** KD3XUN7C6T14HNAYLU02

- **iii. Is the securities lending agent an affiliated person...?** No

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:**

**Collateral Managers Record: 1**

- **i. Full name of cash collateral manager:** Thrivent Financial for Lutherans

- **ii. LEI, if any:** 549300NRF8VJL4TLMI28

- **iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund??** No

- **iv. Is the cash collateral manager an affiliated person of the Fund?** Yes

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [ ] Administrative fee

- [ ] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [ ] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** $34,017,892.24

- **g. Provide the net income from securities lending activities:** $394,895.83

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 22d-1 (17 CFR 270.22d-1)

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 17a-7 (17 CFR 270.17a-7)

- Rule 18f-4(f)(17 CFR 270.18f-4(f))

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 12d1-4 (17 CFR 270.12d1-4)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** No

- **b. Were any expenses reduced or waived?** No

- **c. Are the fees waived subject to recoupment?** Yes

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** Thrivent Asset Management LLC

- **ii. SEC file number:** 801-64988

- **iii. CRD number:** 000137751

- **iv. LEI, if any:** 549300GBHRGIIVYQKK63

- **v. State, if applicable:** MN

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** DST Systems Inc.

- **ii. SEC file number:** 084-00448

- **iii. LEI, if any:** 21B7QCD05XOK0YTYOP98

- **iv. State, if applicable:** MO

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** No

- **vii. Is the transfer agent a sub-transfer agent?:** Yes

**Transfer Agents Record: 2**

- **i. Full name:** Thrivent Financial Investor Services Inc.

- **ii. SEC file number:** 084-01547

- **iii. LEI, if any:** N/A

- **iv. State, if applicable:** MN

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** ICE Data Pricing & Reference Data, LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 5493000NQ9LYLDBCTL34

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** Bloomberg L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300B56MD0ZC402L06

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** PricingDirect Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300WIC0TOJ7N7GD54

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** S&P Global Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** Y6X4K52KMJMZE717MY94

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

**Shareholder Servicing Agents Record: 1**

- **i. Full name:** Thrivent Financial Investor Services Inc.

- **ii. LEI, if any:** 0000817712

- **iii. State, if applicable:** MN

- **iv. Foreign country, if applicable:** US

- **v. Is the shareholder servicing agent an affiliated person?:** Yes

- **vi. Is the shareholder servicing agent a sub-shareholder servicing agent?:** No

**Shareholder Servicing Agents Record: 2**

- **i. Full name:** DST Systems Inc.

- **ii. LEI, if any:** 21B7QCD05XOK0YTYOP98

- **iii. State, if applicable:** MO

- **iv. Foreign country, if applicable:** US

- **v. Is the shareholder servicing agent an affiliated person?:** No

- **vi. Is the shareholder servicing agent a sub-shareholder servicing agent?:** Yes

- **b. Has a shareholder servicing agent been hired or terminated during the reporting period?** No

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** Thrivent Asset Management LLC

- **ii. LEI, if any, or other identifying number:** 549300GBHRGIIVYQKK63

- **iii. State, if applicable:** MN

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** Thrivent Distributors, LLC

- **b. SEC file number:** 008-69606

- **c. CRD number:** 000179512

- **d. LEI, if any:** N/A

- **e. State, if applicable:** MN

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** Thrivent Investment Management Inc.

- **b. SEC file number:** 008-36525

- **c. CRD number:** 000018387

- **d. LEI, if any:** N/A

- **e. State, if applicable:** MN

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** MORGAN STANLEY & CO. LLC

- **ii. SEC file number:** 008-95421

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPT507KV3UQJZQ078

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $17,903.97

**Brokers Record: 2**

- **i. Full name of broker:** SANFORD C. BERNSTEIN & CO., LLC

- **ii. SEC file number:** 008-52942

- **iii. CRD number:** 000104474

- **iv. LEI, if any:** 549300I7JYZHT7D5CO04

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $17,243.20

**Brokers Record: 3**

- **i. Full name of broker:** CCM SECURITIES, LLC

- **ii. SEC file number:** 008-52911

- **iii. CRD number:** 000104457

- **iv. LEI, if any:** 5493001GW54X6ZJEJX49

- **v. State, if applicable:** IL

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $9,414.86

**Brokers Record: 4**

- **i. Full name of broker:** J.P. MORGAN SECURITIES LLC

- **ii. SEC file number:** 008-35008

- **iii. CRD number:** 000000079

- **iv. LEI, if any:** ZBUT11V806EZRVTWT807

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $7,390.35

**Brokers Record: 5**

- **i. Full name of broker:** PIPER SANDLER & CO.

- **ii. SEC file number:** 008-15204

- **iii. CRD number:** 000000665

- **iv. LEI, if any:** 549300GRQCWQ3XGH0H10

- **v. State, if applicable:** MN

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $5,796.35

**Brokers Record: 6**

- **i. Full name of broker:** ROBERT W. BAIRD & CO. INCORPORATED

- **ii. SEC file number:** 008-00497

- **iii. CRD number:** 000008158

- **iv. LEI, if any:** 549300772UJAHRD6LO53

- **v. State, if applicable:** WI

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $9,201.11

**Brokers Record: 7**

- **i. Full name of broker:** GOLDMAN SACHS & CO. LLC

- **ii. SEC file number:** 008-00129

- **iii. CRD number:** 000000361

- **iv. LEI, if any:** FOR8UP27PHTHYVLBNG30

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $3,570.59

**Brokers Record: 8**

- **i. Full name of broker:** JEFFERIES LLC

- **ii. SEC file number:** 008-15074

- **iii. CRD number:** 000002347

- **iv. LEI, if any:** 58PU97L1C0WSRCWADL48

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $5,514.03

**Brokers Record: 9**

- **i. Full name of broker:** JANE STREET EXECUTION SERVICES, LLC

- **ii. SEC file number:** 008-69254

- **iii. CRD number:** 000167280

- **iv. LEI, if any:** 549300HXJLXCPDWAH070

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $4,407.52

**Brokers Record: 10**

- **i. Full name of broker:** OPPENHEIMER & CO. INC.

- **ii. SEC file number:** 008-04077

- **iii. CRD number:** 000000249

- **iv. LEI, if any:** 254900VH02JQR2L8XD64

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $7,031.61

**Aggregate Commission:** $116,471.23

**Item C.17.a. Principal transaction counterparties.**

| Name                                  | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| BOFA SECURITIES, INC.                 | 008-69787         |    000283942 | 549300HN4UKV1E2R3U73 | NY      | US        | $958,186,208.73           |
| GOLDMAN SACHS & CO. LLC               | 008-00129         |    000000361 | FOR8UP27PHTHYVLBNG30 | NY      | US        | $53,368,407.36            |
| RBC CAPITAL MARKETS, LLC              | 008-45411         |    000031194 | 549300LCO2FLSSVFFR64 | NY      | US        | $20,493,038.31            |
| NOMURA SECURITIES INTERNATIONAL, INC. | 008-15255         |    000004297 | OXTKY6Q8X53C9ILVV871 | NY      | US        | $335,432,881.78           |
| BARCLAYS CAPITAL INC.                 | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $407,857,148.24           |
| MORGAN STANLEY & CO. LLC              | 008-95421         |    000008209 | 9R7GPT507KV3UQJZQ078 | NY      | US        | $1,460,742,904.68         |
| CREDIT SUISSE SECURITIES (USA) LLC    | 008-00422         |    000000816 | 1V8Y6QCX6YMJ2OELII46 | NY      | US        | $873,134,765.56           |
| WELLS FARGO SECURITIES, LLC           | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $959,221,382.85           |
| CITIGROUP GLOBAL MARKETS INC.         | 008-08177         |    000007059 | MBNUM2BPBDO7JBLYG310 | NY      | US        | $287,196,250.42           |
| J.P. MORGAN SECURITIES LLC            | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $499,852,029.58           |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $5,969,500,392.89

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** Yes

- **Item C.19.a - Fund's monthly average net assets:** $1,170,888,024.06

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Uncommitted

- **ii. What size is the line of credit?** $50,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** State Street Bank and Trust Company

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                          | SEC File number   |
|:---|:---|
| Thrivent Mid Cap Growth Portfolio                     | 811-04603         |
| Thrivent Partner Emerging Markets Equity Portfolio    | 811-04603         |
| Thrivent Income Fund                                  | 811-05075         |
| Thrivent Municipal Bond Fund                          | 811-05075         |
| Thrivent Multidimensional Income Portfolio            | 811-04603         |
| Thrivent Small Cap Stock Fund                         | 811-05075         |
| Thrivent International Allocation Portfolio           | 811-04603         |
| Thrivent Mid Cap Index Portfolio                      | 811-04603         |
| Thrivent Large Cap Value Fund                         | 811-05075         |
| Thrivent Low Volatility Equity Fund                   | 811-05075         |
| Thrivent Small Cap Stock Portfolio                    | 811-04603         |
| Thrivent Opportunity Income Plus Portfolio            | 811-04603         |
| Thrivent Small Cap Growth Portfolio                   | 811-04603         |
| Thrivent High Yield Portfolio                         | 811-04603         |
| Thrivent Mid Cap Growth Fund                          | 811-05075         |
| Thrivent Large Cap Index Portfolio                    | 811-04603         |
| Thrivent Real Estate Securities Portfolio             | 811-04603         |
| Thrivent Limited Maturity Bond Portfolio              | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                      | 811-04603         |
| Thrivent Small Cap Growth Fund                        | 811-05075         |
| Thrivent Multidimensional Income Fund                 | 811-05075         |
| Thrivent Income Portfolio                             | 811-04603         |
| Thrivent Small Cap Index Portfolio                    | 811-04603         |
| Thrivent Diversified Income Plus Portfolio            | 811-04603         |
| Thrivent Moderate Allocation Fund                     | 811-05075         |
| Thrivent Large Cap Value Portfolio                    | 811-04603         |
| Thrivent Global Stock Fund                            | 811-05075         |
| Thrivent Moderate Allocation Portfolio                | 811-04603         |
| Thrivent Mid Cap Value Fund                           | 811-05075         |
| Thrivent International Index Portfolio                | 811-04603         |
| Thrivent Aggressive Allocation Fund                   | 811-05075         |
| Thrivent High Yield Fund                              | 811-05075         |
| Thrivent ESG Index Portfolio                          | 811-04603         |
| Thrivent Low Volatility Equity Portfolio              | 811-04603         |
| Thrivent Government Bond Fund                         | 811-05075         |
| Thrivent High Income Municipal Bond Fund              | 811-05075         |
| Thrivent Global Stock Portfolio                       | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund      | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund        | 811-05075         |
| Thrivent Government Bond Portfolio                    | 811-04603         |
| Thrivent Mid Cap Stock Fund                           | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio | 811-04603         |
| Thrivent Large Cap Growth Fund                        | 811-05075         |
| Thrivent Balanced Income Plus Fund                    | 811-05075         |
| Thrivent Aggressive Allocation Portfolio              | 811-04603         |
| Thrivent Opportunity Income Plus Fund                 | 811-05075         |
| Thrivent International Allocation Fund                | 811-05075         |
| Thrivent All Cap Portfolio                            | 811-04603         |
| Thrivent Limited Maturity Bond Fund                   | 811-05075         |
| Thrivent Mid Cap Value Portfolio                      | 811-04603         |
| Thrivent Partner Healthcare Portfolio                 | 811-04603         |
| Thrivent Large Cap Growth Portfolio                   | 811-04603         |
| Thrivent Balanced Income Plus Portfolio               | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio   | 811-04603         |

- **v. Did the Fund draw on the line of credit this period?** No

**Line of Credit details Record: 2**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $50,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** State Street Bank and Trust Company

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                          | SEC File number   |
|:---|:---|
| Thrivent Opportunity Income Plus Portfolio            | 811-04603         |
| Thrivent Global Stock Fund                            | 811-05075         |
| Thrivent International Index Portfolio                | 811-04603         |
| Thrivent Multidimensional Income Fund                 | 811-05075         |
| Thrivent All Cap Portfolio                            | 811-04603         |
| Thrivent Partner Healthcare Portfolio                 | 811-04603         |
| Thrivent Large Cap Value Fund                         | 811-05075         |
| Thrivent High Income Municipal Bond Fund              | 811-05075         |
| Thrivent Large Cap Growth Portfolio                   | 811-04603         |
| Thrivent Mid Cap Growth Fund                          | 811-05075         |
| Thrivent Mid Cap Index Portfolio                      | 811-04603         |
| Thrivent High Yield Portfolio                         | 811-04603         |
| Thrivent Small Cap Index Portfolio                    | 811-04603         |
| Thrivent Moderate Allocation Portfolio                | 811-04603         |
| Thrivent Low Volatility Equity Fund                   | 811-05075         |
| Thrivent Opportunity Income Plus Fund                 | 811-05075         |
| Thrivent Aggressive Allocation Fund                   | 811-05075         |
| Thrivent Small Cap Stock Fund                         | 811-05075         |
| Thrivent Mid Cap Value Portfolio                      | 811-04603         |
| Thrivent High Yield Fund                              | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio | 811-04603         |
| Thrivent Large Cap Index Portfolio                    | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund      | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund        | 811-05075         |
| Thrivent Balanced Income Plus Portfolio               | 811-04603         |
| Thrivent Real Estate Securities Portfolio             | 811-04603         |
| Thrivent Low Volatility Equity Portfolio              | 811-04603         |
| Thrivent ESG Index Portfolio                          | 811-04603         |
| Thrivent Moderate Allocation Fund                     | 811-05075         |
| Thrivent Government Bond Fund                         | 811-05075         |
| Thrivent Global Stock Portfolio                       | 811-04603         |
| Thrivent Small Cap Stock Portfolio                    | 811-04603         |
| Thrivent Large Cap Growth Fund                        | 811-05075         |
| Thrivent Small Cap Growth Portfolio                   | 811-04603         |
| Thrivent Multidimensional Income Portfolio            | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                      | 811-04603         |
| Thrivent Balanced Income Plus Fund                    | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio   | 811-04603         |
| Thrivent Municipal Bond Fund                          | 811-05075         |
| Thrivent Large Cap Value Portfolio                    | 811-04603         |
| Thrivent Limited Maturity Bond Fund                   | 811-05075         |
| Thrivent International Allocation Portfolio           | 811-04603         |
| Thrivent Limited Maturity Bond Portfolio              | 811-04603         |
| Thrivent Mid Cap Value Fund                           | 811-05075         |
| Thrivent Small Cap Growth Fund                        | 811-05075         |
| Thrivent Income Fund                                  | 811-05075         |
| Thrivent International Allocation Fund                | 811-05075         |
| Thrivent Mid Cap Stock Fund                           | 811-05075         |
| Thrivent Diversified Income Plus Portfolio            | 811-04603         |
| Thrivent Income Portfolio                             | 811-04603         |
| Thrivent Partner Emerging Markets Equity Portfolio    | 811-04603         |
| Thrivent Government Bond Portfolio                    | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                     | 811-04603         |
| Thrivent Aggressive Allocation Portfolio              | 811-04603         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

**Item C.21. Swing pricing.**

- **a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?** No

## N-CEN: Part G: Attachments

**Item G.1a. Attachments.**

Attachments applicable to all Registrants. All Registrants shall file the following attachments, as applicable, with the current report. Indicate the attachments filed with the current report by checking the applicable items below:

- [ ] i. Legal proceedings

- [ ] ii. Provision of financial support

- [x] iii. Independent public accountant's report on internal control (management investment companies other than small business investment companies only)

- [ ] iv. Change in accounting principles and practices

- [ ] v. Information required to be filed pursuant to exemptive orders

- [ ] vi. Other information required to be included as an attachment pursuant to Commission rules and regulations

## N-CEN: Signature

Pursuant to the requirements of the Investment Company Act of 1940, the Registrant has duly caused this report to a be signed on its behalf by the undersigned hereunto duly authorized.

**Registrant:** Thrivent Mutual Funds

**Date:** 2023-03-08

**Signature:** Sarah L. Bergstrom

**Title:** Head of Fund Accounting & Assistant Treasurer