# EDGAR Filing Document

**Accession Number:** 0000811869
**File Stem:** 0001193125-26-077911
**Filing Date:** 2026-2
**Character Count:** 1877
**Document Hash:** f31230efea8d70b9ea9366dffb0e9ce3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-077911.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001193125-26-077911

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260226

**EFFECTIVENESS DATE**: 20260227

**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:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-12911
- **FILM NUMBER:** 26691332

**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 Moderate Allocation Fund (Series ID: S000001346)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003600 | Class S      | TMAIX           |

Supplement Dated February 27, 2026

**to the Summary Prospectus and Prospectus, each dated February 27, 2026, for Thrivent Moderate Allocation Fund, a series of Thrivent Mutual Funds** 

Effective immediately, the expense example for Class S shares in the section of the Thrivent Moderate Allocation Fund's summary prospectus and prospectus titled "Fees and Expenses" is deleted and replaced with the following:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **1 Year** | **3 Years** | **5 Years** | **10 Years** |
| Class S | $88 | $317 | $565 | $1276 |

---

***Please include this Supplement with your Summary Prospectus and Prospectus.*** 

31680

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