# EDGAR Filing Document

**Accession Number:** 0000811869
**File Stem:** 0001752724-25-156734
**Filing Date:** 2025-6
**Character Count:** 42779
**Document Hash:** 3d319a518be71c46e9488e2d04a12f30
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-156734.hdr.sgml**: 20250626

**ACCESSION NUMBER**: 0001752724-25-156734

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250626

**DATE AS OF CHANGE**: 20250626

**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:** 251075417

**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           |

## 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:** 2025-04-30

**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:** $49041506.38

**Total Liabilities:** $8502692.01

**Net Assets:** $40538814.37

**Delayed Delivery Securities:** $6487229.62

**Cash Not Reported:** $2921.62

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -2965.00000000 | **1-Year:** 0.00000000 | **5-Year:** -1032.00000000 | **10-Year:** -1761.00000000 | **30-Year:** -10789.00000000

**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 | 2.16%                | 0.10%                | 0.67%                |
| Class ID C000088463 | 2.14%                | 0.08%                | 0.64%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $26802.90                | $717321.09                                 |
| Month 2  | $49062.40                | $-151335.06                                |
| Month 3  | $21548.39                | $68798.93                                  |

**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      | $274103.56    | 0.68%             | 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      | $256167.23    | 0.63%             | 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      | $253377.63    | 0.63%             | 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        |    425000 | PA      | $427921.88    | 1.06%             | 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        |     18768 | PA      | $18372.95     | 0.05%             | 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      | $949018.98    | 2.34%             | 2043-03-10      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 01F060659<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    175000 | PA      | $177521.96    | 0.44%             | 2041-05-01      | Fixed         | 6.00%                 | 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        |     87401 | PA      | $70385.55     | 0.17%             | 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      | $471751.95    | 1.16%             | 2034-09-25      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 01F050668<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    925000 | PA      | $905007.54    | 2.23%             | 2049-06-01      | Fixed         | 5.00%                 | 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        |   2079142 | NS      | $2079141.55   | 5.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association - REMIC                                           | CUSIP: 3136A9YP7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | USGSE             | US        |     81786 | PA      | $77214.85     | 0.19%             | 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      | $306188.01    | 0.76%             | 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      | $746281.20    | 1.84%             | 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        |    169367 | PA      | $165382.45    | 0.41%             | 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        |    384289 | PA      | $328316.08    | 0.81%             | 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        |    119917 | PA      | $118411.37    | 0.29%             | 2054-08-01      | Variable      | 5.19%                 | 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        |    410449 | PA      | $330544.85    | 0.82%             | 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        |    139288 | PA      | $125337.85    | 0.31%             | 2042-06-15      | Fixed         | 1.75%                 | No            |                  2 | 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        |    572287 | PA      | $506020.54    | 1.25%             | 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        |     92763 | PA      | $85492.89     | 0.21%             | 2047-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 01F042657<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    550000 | PA      | $525937.67    | 1.30%             | 2049-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation    | Federal Home Loan Mortgage Corporation Conventional 30-Yr. Pass Through                 | CUSIP: 3132DVJ55<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    294963 | PA      | $304725.36    | 0.75%             | 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        |    112531 | PA      | $90495.06     | 0.22%             | 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        |    673931 | PA      | $645955.47    | 1.59%             | 2033-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 01F030652<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    800000 | PA      | $694161.76    | 1.71%             | 2049-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 01F052656<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1325000 | PA      | $1322139.62   | 3.26%             | 2041-05-01      | Fixed         | 5.50%                 | 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      | $119156.95    | 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        |    564427 | PA      | $516626.24    | 1.27%             | 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      | $425045.70    | 1.05%             | 2054-08-25      | Fixed         | 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        |    281224 | PA      | $280343.89    | 0.69%             | 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        |    163554 | PA      | $162717.72    | 0.40%             | 2032-01-15      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| RMF BUYOUT ISSUANCE TR 2021-HB1           | RMF Buyout Issuance Trust                                                               | CUSIP: 74969TAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     13840 | PA      | $13794.91     | 0.03%             | 2031-11-25      | Variable      | 1.26%                 | 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      | $327007.70    | 0.81%             | 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        |    340190 | PA      | $301573.26    | 0.74%             | 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: 3140XJYU1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1723380 | PA      | $1659823.91   | 4.09%             | 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        |    358109 | PA      | $288391.40    | 0.71%             | 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        |    384907 | PA      | $398178.53    | 0.98%             | 2054-08-01      | Fixed         | 6.00%                 | 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      | $612635.38    | 1.51%             | 2031-05-26      | Fixed         | 2.25%                 | 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        |        34 | NC      | $50887.58     | 0.13%             |  |  |  | No            |                  1 | 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        |    857310 | PA      | $680945.09    | 1.68%             | 2062-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Department of The Treasury  | U.S. Treasury Bonds                                                                     | CUSIP: 912810UG1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1450000 | PA      | $1434820.31   | 3.54%             | 2055-02-15      | Fixed         | 4.62%                 | 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        |    373278 | PA      | $328859.83    | 0.81%             | 2050-02-01      | Fixed         | 3.00%                 | 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      | $621189.84    | 1.53%             | 2029-03-25      | Variable      | 5.18%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 15-Yr. Pass Through                  | CUSIP: 3140XNC77<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    193987 | PA      | $201183.88    | 0.50%             | 2038-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United States Department of The Treasury  | U.S. Treasury Notes                                                                     | CUSIP: 91282CMT5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3600000 | PA      | $3642750.00   | 8.99%             | 2032-03-31      | Fixed         | 4.12%                 | 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        |    396328 | PA      | $392434.22    | 0.97%             | 2025-05-27      | 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        |    149460 | PA      | $149399.52    | 0.37%             | 2060-09-25      | Floating      | 5.64%                 | 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        |    347899 | PA      | $321796.03    | 0.79%             | 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        |    230847 | PA      | $229757.03    | 0.57%             | 2036-02-25      | Floating      | 4.97%                 | 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        |    368692 | PA      | $349758.62    | 0.86%             | 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        |    218244 | PA      | $205847.98    | 0.51%             | 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        |    480931 | PA      | $437745.14    | 1.08%             | 2052-09-01      | Fixed         | 3.50%                 | 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        |    279968 | PA      | $280419.52    | 0.69%             | 2025-05-27      | 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        |    332828 | PA      | $264290.99    | 0.65%             | 2059-11-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Thrivent Mutual Funds                     | Thrivent Core Short-Term Reserve Fund                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |    300000 | NS      | $3000000.00   | 7.40%             |  |  |  | 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        |    226354 | PA      | $196637.46    | 0.49%             | 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        |    628575 | PA      | $635014.17    | 1.57%             | 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      | $246964.29    | 0.61%             | 2039-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks Office of Finance | Federal Home Loan Bank Discount Notes                                                   | CUSIP: 313385HZ2<br>LEI: 2549001DPIFGXC1TOL40 | Long             | STIV             | USGSE             | US        |    100000 | PA      | $99172.00     | 0.24%             |  |  |  | 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        |     76209 | PA      | $75020.36     | 0.19%             | 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        |     74427 | PA      | $59937.37     | 0.15%             | 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      | $416134.08    | 1.03%             | 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        |    480076 | PA      | $456922.14    | 1.13%             | 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        |    778650 | PA      | $621791.25    | 1.53%             | 2051-01-25      | Variable      | 2.18%                 | 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        |    317448 | PA      | $293170.93    | 0.72%             | 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      | $249490.33    | 0.62%             | 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        |   1200000 | PA      | $1205531.26   | 2.97%             | 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      | $425555.96    | 1.05%             | 2055-01-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOODGREEN 2019-1                          | Goodgreen                                                                               | CUSIP: 38218DAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    177907 | PA      | $164165.24    | 0.40%             | 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        |     93020 | PA      | $85846.66     | 0.21%             | 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        |    133675 | PA      | $129411.25    | 0.32%             | 2030-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 01F050650<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    100000 | PA      | $97881.62     | 0.24%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 15-Yr. Pass Through                  | CUSIP: 01F050452<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    825000 | PA      | $829393.79    | 2.05%             | 2040-05-01      | Fixed         | 5.00%                 | 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        |    455201 | PA      | $364813.80    | 0.90%             | 2050-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TENNESSEE VY AUTH                         | Tennessee Valley Authority                                                              | CUSIP: 880591FC1<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    420000 | PA      | $409530.16    | 1.01%             | 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      | $482038.98    | 1.19%             | 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      | $412167.52    | 1.02%             | 2028-10-25      | Variable      | 5.07%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 15-Yr. Pass Through                  | CUSIP: 3140XP5W5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    212272 | PA      | $219531.71    | 0.54%             | 2039-05-01      | Fixed         | 6.00%                 | 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      | $410434.74    | 1.01%             | 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        |     55897 | PA      | $55098.55     | 0.14%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Department of The Treasury  | U.S. Treasury Bonds                                                                     | CUSIP: 91282CMM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    600000 | PA      | $622500.00    | 1.54%             | 2035-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association     | Federal National Mortgage Association Conventional 30-Yr. Pass Through                  | CUSIP: 01F040651<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    550000 | PA      | $512514.17    | 1.26%             | 2049-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Department of The Treasury  | U.S. Treasury Notes                                                                     | CUSIP: 91282CMU2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3600000 | PA      | $3644718.77   | 8.99%             | 2030-03-31      | Fixed         | 4.00%                 | 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      | $235919.60    | 0.58%             | 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        |    734414 | PA      | $619035.58    | 1.53%             | 2051-02-01      | 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        |    424319 | PA      | $398689.96    | 0.98%             | 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      | $79876.06     | 0.20%             | 2034-08-01      | Fixed         | 4.38%                 | 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        |    478950 | PA      | $426630.70    | 1.05%             | 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        |    582911 | PA      | $464007.71    | 1.14%             | 2050-03-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-28

**Name of Applicant:** Thrivent Mutual Funds

**Signature:** Sarah L. Bergstrom

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

**Title:** Treasurer and Principal Accounting Officer