# EDGAR Filing Document

**Accession Number:** 0000790166
**File Stem:** 0000790166-26-000180
**Filing Date:** 2026-3
**Character Count:** 876930
**Document Hash:** 31f531dd9be28e323023bd7230d43e0f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000790166-26-000180.hdr.sgml**: 20260311

**ACCESSION NUMBER**: 0000790166-26-000180

**CONFORMED SUBMISSION TYPE**: N-CEN

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260311

**DATE AS OF CHANGE**: 20260311

**EFFECTIVENESS DATE**: 20260311

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** THRIVENT SERIES FUND INC
- **CENTRAL INDEX KEY:** 0000790166

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-CEN
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04603
- **FILM NUMBER:** 26741639

**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:** LB SERIES FUND INC
- **DATE OF NAME CHANGE:** 19950428

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LBVIP SERIES FUND INC/
- **DATE OF NAME CHANGE:** 19940824

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LBVIP SERIES FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Thrivent Aggressive Allocation Portfolio (Series ID: S000001416)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003823 | Class A      |  |

### Thrivent Mid Cap Stock Portfolio (Series ID: S000001420)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003827 | Class A      |  |

### Thrivent Mid Cap Index Portfolio (Series ID: S000001421)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003828 | Class A      |  |

### Thrivent All Cap Portfolio (Series ID: S000001423)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003830 | Class A      |  |

### Thrivent Large Cap Growth Portfolio (Series ID: S000001424)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003831 | Class A      |  |

### Thrivent Moderately Aggressive Allocation Portfolio (Series ID: S000001427)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003834 | Class A      |  |

### Thrivent Large Cap Value Portfolio (Series ID: S000001428)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003835 | Class A      |  |

### Thrivent Global Stock Portfolio (Series ID: S000001429)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003836 | Class A      |  |

### Thrivent Large Cap Index Portfolio (Series ID: S000001430)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003837 | Class A      |  |

### Thrivent Real Estate Securities Portfolio (Series ID: S000001431)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003838 | Class A      |  |

### Thrivent Dynamic Allocation Portfolio (Series ID: S000001432)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003839 | Class A      |  |

### Thrivent High Yield Portfolio (Series ID: S000001433)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003840 | Class A      |  |

### Thrivent Conservative Allocation Portfolio (Series ID: S000001434)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003841 | Class A      |  |

### Thrivent Income Portfolio (Series ID: S000001435)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003842 | Class A      |  |

### Thrivent Government Bond Portfolio (Series ID: S000001436)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003843 | Class A      |  |

### Thrivent Short-Term Bond Portfolio (Series ID: S000001437)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003844 | Class A      |  |

### Thrivent Moderate Allocation Portfolio (Series ID: S000001438)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003845 | Class A      |  |

### Thrivent Multisector Bond Portfolio (Series ID: S000001439)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003846 | Class A      |  |

### Thrivent Money Market Portfolio (Series ID: S000001440)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003847 | Class A      |  |

### Thrivent Moderately Conservative Allocation Portfolio (Series ID: S000001441)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003848 | Class A      |  |

### Thrivent Small Cap Stock Portfolio (Series ID: S000001445)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003852 | Class A      |  |

### Thrivent Small Cap Index Portfolio (Series ID: S000001446)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003853 | Class A      |  |

### Thrivent International Equity Portfolio (Series ID: S000021859)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000062728 | Class A      |  |

### Thrivent Emerging Markets Equity Portfolio (Series ID: S000021862)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000062731 | Class A      |  |

### Thrivent Healthcare Portfolio (Series ID: S000021867)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000062736 | Class A      |  |

### Thrivent Small Cap Growth Portfolio (Series ID: S000061813)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000200170 | Class A      |  |

### Thrivent ESG Index Portfolio (Series ID: S000068343)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000218692 | Class A      |  |

### Thrivent International Index Portfolio (Series ID: S000068344)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000218693 | Class A      |  |

### Thrivent Mid Cap Growth Portfolio (Series ID: S000068345)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000218694 | Class A      |  |

### Thrivent Mid Cap Value Portfolio (Series ID: S000068346)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000218695 | Class A      |  |

## Internal

PricewaterhouseCoopers

LLP,

South

Seventh

Street,

Suite

3400,

Minneapolis,

MN

55402

T:

(612) 596

6000,

www.pwc.com/us

To

the

Board

of

Directors

of

Thrivent

Series

Fund,

Inc.

and

Shareholders

of

each

of

the

thirty

funds

listed

in

Appendix

A

In

planning

and

performing

our

audits

of

the

financial

statements

of

the

funds

listed

in

Appendix

A

(hereafter

collectively

referred

to

as

the

"Funds")

as

of

and

for

the

year

ended

December

31,

2025,

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

a

material

weakness

as

defined

above

as

of

December

31,

2025. Report

of

Independent

Registered

Public

Accounting

Firm

PricewaterhouseCoopers

LLP,

South

Seventh

Street,

Suite

3400,

Minneapolis,

MN

55402

T:

(612) 596

6000,

www.pwc.com/us

This

report

is

intended

solely

for

the

information

and

use

of

the

Board

of

Directors

of

Thrivent

Series

Fund,

Inc.

and

the

Securities

and

Exchange

Commission

and

is

not

intended

to

be

and

should

not

be

used

by

anyone

other

than

these

specified

parties.

Minneapolis,

Minnesota

February

17,

2026

PricewaterhouseCoopers

LLP,

South

Seventh

Street,

Suite

3400,

Minneapolis,

MN

55402

T:

(612) 596

6000,

www.pwc.com/us

#### Appendix

#### A

#### Fund
Thrivent

Aggressive

Allocation

Portfolio

Thrivent

All

Cap

Portfolio

Thrivent

Conservative

Allocation

Portfolio

Thrivent

Dynamic

Allocation

Portfolio

Thrivent

Emerging

Markets

Equity

Portfolio

Thrivent

ESG

Index

Portfolio

Thrivent

Global

Stock

Portfolio

Thrivent

Government

Bond

Portfolio

Thrivent

Healthcare

Portfolio

Thrivent

High

Yield

Portfolio

Thrivent

Income

Portfolio

Thrivent

International

Equity

Portfolio

Thrivent

International

Index

Portfolio

Thrivent

Large

Cap

Growth

Portfolio

Thrivent

Large

Cap

Index

Portfolio

Thrivent

Large

Cap

Value

Portfolio

Thrivent

Mid

Cap

Growth

Portfolio

Thrivent

Mid

Cap

Index

Portfolio

Thrivent

Mid

Cap

Stock

Portfolio

Thrivent

Mid

Cap

Value

Portfolio

Thrivent

Moderate

Allocation

Portfolio

Thrivent

Moderately

Aggressive

Allocation

Portfolio

Thrivent

Moderately

Conservative

Allocation

Portfolio

Thrivent

Money

Market

Portfolio

Thrivent

Multisector

Bond

Portfolio

Thrivent

Real

Estate

Securities

Portfolio

Thrivent

Short-Term

Bond

Portfolio

Thrivent

Small

Cap

Growth

Portfolio

Thrivent

Small

Cap

Index

Portfolio

Thrivent

Small

Cap

Stock

Portfolio

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

## N-CEN: Filer Information
**Submission Type:** N-CEN
**CIK:** 0000790166

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

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

**Item A.1.a - Report for period ending:** 2025-12-31

**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 Series Fund Inc

- **Item B.1.b - Investment Company Act file number:** 811-04603

- **Item B.1.c - CIK:** 0000790166

- **Item B.1.d - LEI:** 549300VNHRP1O3O9AF57

- **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.thriventportfolios.com

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

**Location books Record: 1**

- **a. Name of person (e.g., a custodian of records):** Thrivent Asset Management, LLC

- **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:** Accounts, books and other documents required to be maintained by the Registrant's investment adviser and administrator.

**Location books Record: 2**

- **a. Name of person (e.g., a custodian of records):** Thrivent Series Fund, Inc.

- **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 accounting- and investment-related functions) are also located in Appleton. As a result, accounts, books and other documents required to be maintained by the Registrant may be maintained at this location.

**Location books Record: 3**

- **a. Name of person (e.g., a custodian of records):** SS&C GIDS, Inc.

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

- **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:** Books and records required to be maintained by the Registrant's sub-transfer agent.

**Location books Record: 4**

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

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

- **Street 2:** Suite 300

- **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.

**Location books Record: 5**

- **a. Name of person (e.g., a custodian of records):** Thrivent Asset Management, LLC

- **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 accounting- and investment-related functions) are also located in Appleton. As a result, accounts, books and other documents required to be maintained by the Registrant's investment adviser and administrator may be maintained at this location.

**Location books Record: 6**

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

- **b. Street 1:** 3301 Carey Blvd

- **c. City:** Hutchinson

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

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

- **f. Zip code and zip code extension, or foreign postal code:** 67501-8284

- **g. Telephone number:** 620-663-5434

- **h. Briefly describe the books and records kept at this location:** Certain books and records of the Registrant or the adviser that no longer have to be maintained onsite.

**Location books Record: 7**

- **a. Name of person (e.g., a custodian of records):** Thrivent Series Fund, Inc.

- **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:** Accounts, books and other documents required to be maintained by the Registrant.

**Location books Record: 8**

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

- **b. Street 1:** One Congress 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:** 02114-2016

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

- **h. Briefly describe the books and records kept at this location:** Books and records required to be maintained by the Registrant's custodian.

**Location books Record: 9**

- **a. Name of person (e.g., a custodian of records):** Stat Informatic Solutions

- **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 the Registrant or its adviser that no longer have to be maintained onsite.

**Location books Record: 10**

- **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 the Registrant or its adviser that no longer have to be maintained onsite.

- **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:** 30

- **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                     | 811-23149, 811-21622, 811-05075, 811-23759 |
| Janice B. Case       | No                      | 811-05075, 811-23759, 811-23149, 811-21622 |
| Paul R. Laubscher    | No                      | 811-21622, 811-05075, 811-23149, 811-23759 |
| James A. Nussle      | No                      | 811-05075, 811-23149, 811-21622, 811-23759 |
| James W. Runcie      | No                      | 811-23759, 811-23149, 811-05075, 811-21622 |
| Robert J. Manilla    | No                      | 811-21622, 811-23759, 811-05075, 811-23149 |
| Arleas Upton Kea     | No                      | 811-21622, 811-05075, 811-23149, 811-23759 |
| David S. Royal       | Yes                     | 811-05075, 811-23759, 811-23149, 811-21622 |
| Constance L. Souders | No                      | 811-23149, 811-05075, 811-23759, 811-21622 |
| Robert J. Chersi     | No                      | 811-05075, 811-23759, 811-21622, 811-23149 |

### 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?** No

- **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-23729
  - IC-16230
  - IC-22158

### 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

- **Item B.23 - Did the Registrant pay any dividend or make any distribution required to be accompanied by a written statement?:** No

## Part C: Additional Questions for Management Investment Companies

### Management Investment Record: 1 - THRIVENT MODERATE ALLOCATION PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT MODERATE ALLOCATION PORTFOLIO

- **b. Series identification number, if any:** S000001438

- **c. LEI:** 56BJ1HYZVTUEBNQIE908

- **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 A                 | C000003845                                | QTMAPX                       |

**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

- [ ] 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:** $15,827,606.30

- **g. Provide the net income from securities lending activities:** $73,125.00

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

Did the Fund rely on the following rules?

- Rule 12d1-1 (17 CFR 270.12d1-1)

- 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)

- Rule 32a-4 (17 CFR 270.32a-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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** SS&C GIDS, 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:** WI

- **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:** 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: 2**

- **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: 3**

- **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:** 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:** 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

- **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:** SS&C GIDS, 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:** N/A

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

- **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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** 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:** $124,458.18

**Brokers Record: 2**

- **i. Full name of broker:** UBS SECURITIES LLC

- **ii. SEC file number:** 008-22651

- **iii. CRD number:** 000007654

- **iv. LEI, if any:** T6FIZBDPKLYJKFCRVK44

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $96,819.37

**Brokers Record: 3**

- **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:** $53,575.20

**Brokers Record: 4**

- **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:** $60,163.71

**Brokers Record: 5**

- **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:** $94,947.00

**Brokers Record: 6**

- **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:** $157,117.50

**Brokers Record: 7**

- **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:** $52,922.72

**Brokers Record: 8**

- **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:** $44,220.15

**Brokers Record: 9**

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

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $538,589.43

**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:** $138,579.41

**Aggregate Commission:** $1,588,160.67

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

| Name                                  | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| MORGAN STANLEY & CO. LLC              | 008-15869         |    000008209 | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $634,013,240.05           |
| WELLS FARGO SECURITIES, LLC           | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $572,407,479.57           |
| GOLDMAN SACHS & CO. LLC               | 008-00129         |    000000361 | FOR8UP27PHTHYVLBNG30 | NY      | US        | $344,380,869.82           |
| J.P. MORGAN SECURITIES LLC            | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $196,269,692.75           |
| DEUTSCHE BANK SECURITIES INC.         | 008-17822         |    000002525 | 9J6MBOOO7BECTDTUZW19 | NY      | US        | $141,746,431.25           |
| BOFA SECURITIES, INC.                 | 008-69787         |    000283942 | 549300HN4UKV1E2R3U73 | NY      | US        | $158,066,290.45           |
| NOMURA SECURITIES INTERNATIONAL, INC. | 008-15255         |    000004297 | OXTKY6Q8X53C9ILVV871 | NY      | US        | $414,784,149.67           |
| STATE STREET GLOBAL MARKETS, LLC      | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $4,589,388,810.55         |
| BARCLAYS CAPITAL INC.                 | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $524,372,320.61           |
| CITICORP SECURITIES INC               | 008-32117         |    000015387 | 549300N0SOX9OZVKG341 | NY      | US        | $242,937,042.30           |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $8,468,302,467.29

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

- **Item C.19.a - Fund's monthly average net assets:** $8,777,108,205.01

**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 Stock Fund                                                                   | 811-05075         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Small Cap Growth 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 Global Stock Fund                                                                    | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |

- **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 HEALTHCARE PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT HEALTHCARE PORTFOLIO

- **b. Series identification number, if any:** S000021867

- **c. LEI:** 549300IATS2CM63SDB44

- **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 A                 | C000062736                                | QTHCPX                       |

**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

- [ ] 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

**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:** $0.00

- **g. Provide the net income from securities lending activities:** $0.00

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

Did the Fund rely on the following rules?

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

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

- Rule 18f-4 (17 CFR 270.18f-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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** WI

- **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:** SS&C GIDS, 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:** 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: 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:** ICE Data Pricing & Reference Data, LLC

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

- **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:** SS&C GIDS, 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:** N/A

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

- **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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** 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:** $635.22

**Brokers Record: 2**

- **i. Full name of broker:** KEYBANC CAPITAL MARKETS

- **ii. SEC file number:** 008-30177

- **iii. CRD number:** 000000566

- **iv. LEI, if any:** 2EQWV0180Z211YVAD813

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $3,079.32

**Brokers Record: 3**

- **i. Full name of broker:** BMO CAPITAL MARKETS CORP.

- **ii. SEC file number:** 008-34344

- **iii. CRD number:** 000016686

- **iv. LEI, if any:** RUC0QBLBRPRCU4W1NE59

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $2,761.26

**Brokers Record: 4**

- **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:** $1,032.77

**Brokers Record: 5**

- **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:** $3,875.69

**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:** $4,477.35

**Brokers Record: 7**

- **i. Full name of broker:** EVERCORE GROUP L.L.C.

- **ii. SEC file number:** 008-49830

- **iii. CRD number:** 000042405

- **iv. LEI, if any:** 5493008F0LRLS5N8LZ81

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $1,445.44

**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:** $4,935.47

**Brokers Record: 9**

- **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:** $6,697.77

**Brokers Record: 10**

- **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:** $1,579.17

**Aggregate Commission:** $32,878.50

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

| Name                             | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| STATE STREET GLOBAL MARKETS, LLC | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $50,813,461.70            |
| CITIGROUP GLOBAL MARKETS INC.    | 008-08177         |    000007059 | MBNUM2BPBDO7JBLYG310 | NY      | US        | $1,614,429.37             |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $52,427,891.07

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

- **Item C.19.a - Fund's monthly average net assets:** $242,024,583.21

**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 Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |

- **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 Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Moderately Conservative 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

### Management Investment Record: 3 - THRIVENT MULTISECTOR BOND PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT MULTISECTOR BOND PORTFOLIO

- **b. Series identification number, if any:** S000001439

- **c. LEI:** H4GRY3EB6CW3HHHY7W77

- **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 A                 | C000003846                                | QTOIPX                       |

**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

- [ ] 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:** $3,753,675.58

- **g. Provide the net income from securities lending activities:** $22,002.17

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

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

- Rule 18f-4 (17 CFR 270.18f-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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** SS&C GIDS, 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:** WI

- **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:** 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:** 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:** 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:** SS&C GIDS, 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:** N/A

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

- **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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** STIFEL, NICOLAUS & COMPANY, INCORPORATED

- **ii. SEC file number:** 008-01447

- **iii. CRD number:** 000000793

- **iv. LEI, if any:** 5WUVMA08EYG4KEUPW589

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $14.00

**Brokers Record: 2**

- **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:** $80.62

**Brokers Record: 3**

- **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:** $224.50

**Brokers Record: 4**

- **i. Full name of broker:** BMO CAPITAL MARKETS CORP.

- **ii. SEC file number:** 008-34344

- **iii. CRD number:** 000016686

- **iv. LEI, if any:** RUC0QBLBRPRCU4W1NE59

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $245.71

**Brokers Record: 5**

- **i. Full name of broker:** ELEVATION, LLC

- **ii. SEC file number:** 008-67306

- **iii. CRD number:** 000140341

- **iv. LEI, if any:** 549300BC5VSPZG47RP47

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $176.21

**Brokers Record: 6**

- **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:** $5.20

**Brokers Record: 7**

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

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $682.64

**Brokers Record: 8**

- **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:** $81.57

**Brokers Record: 9**

- **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:** $102.75

**Aggregate Commission:** $1,613.20

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

| Name                                  | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| J.P. MORGAN SECURITIES LLC            | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $11,890,190.95            |
| MORGAN STANLEY & CO. LLC              | 008-15869         |    000008209 | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $37,216,933.56            |
| BOFA SECURITIES, INC.                 | 008-69787         |    000283942 | 549300HN4UKV1E2R3U73 | NY      | US        | $19,793,231.00            |
| CITICORP SECURITIES INC               | 008-32117         |    000015387 | 549300N0SOX9OZVKG341 | NY      | US        | $7,899,810.66             |
| NOMURA SECURITIES INTERNATIONAL, INC. | 008-15255         |    000004297 | OXTKY6Q8X53C9ILVV871 | NY      | US        | $8,402,239.55             |
| STATE STREET GLOBAL MARKETS, LLC      | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $152,130,912.55           |
| WELLS FARGO SECURITIES, LLC           | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $23,114,422.79            |
| MIZUHO SECURITIES USA LLC             | 008-37710         |    000019647 | 7TK5RJIZDFROZCA6XF66 | NY      | US        | $17,325,536.88            |
| GOLDMAN SACHS & CO. LLC               | 008-00129         |    000000361 | FOR8UP27PHTHYVLBNG30 | NY      | US        | $8,596,729.73             |
| BARCLAYS CAPITAL INC.                 | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $7,056,658.22             |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $323,147,952.13

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

- **Item C.19.a - Fund's monthly average net assets:** $177,502,143.32

**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 Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |

- **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 Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus 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: 4 - THRIVENT MONEY MARKET PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT MONEY MARKET PORTFOLIO

- **b. Series identification number, if any:** S000001440

- **c. LEI:** 549300YCYVJ8RIODKT40

- **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 A                 | C000003847                                | QTMMPX                       |

**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

- [x] g. Money Market Fund

- [ ] h. Target Date Fund

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

- [ ] 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?** No

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** $0.00

- **g. Provide the net income from securities lending activities:** $0.00

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

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

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

- Rule 12d1-1 (17 CFR 270.12d1-1)

**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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** WI

- **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:** SS&C GIDS, 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:** ICE Data Pricing & Reference Data, LLC

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

- **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:** 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: 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:** 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

- **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:** SS&C GIDS, 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:** N/A

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

- **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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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.**

No Brokers reported.

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

| Name                             | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| BMO CAPITAL MARKETS CORP.        | 008-34344         | 000016686    | RUC0QBLBRPRCU4W1NE59 | NY      | US        | $340,375,875.91           |
| MORGAN STANLEY & CO. LLC         | 008-15869         | 000008209    | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $167,691,744.58           |
| RBC DOMINION SECURITIES          | N/A               | N/A          | 549300QJJX6CVVUXLE15 |  |  | $7,802,700,594.30         |
| RBC CAPITAL MARKETS, LLC         | 008-45411         | 000031194    | 549300LCO2FLSSVFFR64 | NY      | US        | $914,440,619.43           |
| STATE STREET GLOBAL MARKETS, LLC | 008-69862         | 000285852    | 549300FDEDF5ORXCMQ56 | MA      | US        | $772,622,730.99           |
| DEUTSCHE BANK SECURITIES INC.    | 008-17822         | 000002525    | 9J6MBOOO7BECTDTUZW19 | NY      | US        | $140,050,238.05           |
| J.P. MORGAN SECURITIES LLC       | 008-35008         | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $163,748,431.61           |
| WELLS FARGO SECURITIES, LLC      | 008-65876         | 000126292    | VYVVCKR63DVZZN70PB21 | NC      | US        | $225,658,660.50           |
| BARCLAYS CAPITAL INC.            | 008-41342         | 000019714    | AC28XWWI3WIBK2824319 | NY      | US        | $291,993,568.16           |
| CITICORP SECURITIES INC          | 008-32117         | 000015387    | 549300N0SOX9OZVKG341 | NY      | US        | $281,992,375.08           |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $11,934,096,822.19

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.b - Money market fund's daily average net assets:** $452,923,804.53

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

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

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

### Management Investment Record: 5 - THRIVENT INTERNATIONAL EQUITY PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT INTERNATIONAL EQUITY PORTFOLIO

- **b. Series identification number, if any:** S000021859

- **c. LEI:** 549300NCYVA6VP517Q16

- **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 A                 | C000062728                                | QTIAPX                       |

**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

- [ ] 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:** $12,254,981.73

- **g. Provide the net income from securities lending activities:** $102,676.46

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

Did the Fund rely on the following rules?

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

- Rule 12d1-1 (17 CFR 270.12d1-1)

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

- Rule 32a-4 (17 CFR 270.32a-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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** WI

- **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:** SS&C GIDS, 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:** ICE Data Pricing & Reference Data, LLC

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

- **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:** 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: 3**

- **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: 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:** SS&C GIDS, 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:** N/A

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

- **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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** KEEFE, BRUYETTE & WOODS, INC.

- **ii. SEC file number:** 008-10888

- **iii. CRD number:** 000000481

- **iv. LEI, if any:** 549300OM47DQV01G4854

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $66,037.62

**Brokers Record: 2**

- **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:** $35,300.45

**Brokers Record: 3**

- **i. Full name of broker:** MACQUARIE CAPITAL (USA) INC.

- **ii. SEC file number:** 008-47198

- **iii. CRD number:** 000036368

- **iv. LEI, if any:** 549300670K07JRB5UQ40

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $122,548.95

**Brokers Record: 4**

- **i. Full name of broker:** BARCLAYS CAPITAL INC.

- **ii. SEC file number:** 008-41342

- **iii. CRD number:** 000019714

- **iv. LEI, if any:** AC28XWWI3WIBK2824319

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $137,926.38

**Brokers Record: 5**

- **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:** $414,761.32

**Brokers Record: 6**

- **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:** $36,728.02

**Brokers Record: 7**

- **i. Full name of broker:** MIZUHO SECURITIES USA LLC

- **ii. SEC file number:** 008-37710

- **iii. CRD number:** 000019647

- **iv. LEI, if any:** 7TK5RJIZDFROZCA6XF66

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $19,173.76

**Brokers Record: 8**

- **i. Full name of broker:** UBS SECURITIES LLC

- **ii. SEC file number:** 008-22651

- **iii. CRD number:** 000007654

- **iv. LEI, if any:** T6FIZBDPKLYJKFCRVK44

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $561,644.49

**Brokers Record: 9**

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

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $241,173.05

**Brokers Record: 10**

- **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:** $341,103.10

**Aggregate Commission:** $2,011,502.91

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

| Name                             | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| PIPER SANDLER & CO.              | 008-15204         |    000000665 | 549300GRQCWQ3XGH0H10 | MN      | US        | $15,657,146.96            |
| DEUTSCHE BANK SECURITIES INC.    | 008-17822         |    000002525 | 9J6MBOOO7BECTDTUZW19 | NY      | US        | $19,318,393.21            |
| CITIGROUP GLOBAL MARKETS INC.    | 008-08177         |    000007059 | MBNUM2BPBDO7JBLYG310 | NY      | US        | $18,470,571.02            |
| WELLS FARGO SECURITIES, LLC      | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $86,926,035.61            |
| J.P. MORGAN SECURITIES LLC       | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $13,097,421.30            |
| BMO CAPITAL MARKETS CORP.        | 008-34344         |    000016686 | RUC0QBLBRPRCU4W1NE59 | NY      | US        | $21,290,237.11            |
| STATE STREET GLOBAL MARKETS, LLC | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $3,166,171,066.64         |
| BARCLAYS CAPITAL INC.            | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $48,036,752.09            |
| ACADEMY SECURITIES, INC.         | 008-35173         |    000017433 | 2549000QX6RLQOZ2XC11 | NY      | US        | $16,548,812.80            |
| GOLDMAN SACHS & CO. LLC          | 008-00129         |    000000361 | FOR8UP27PHTHYVLBNG30 | NY      | US        | $10,679,954.65            |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $3,451,788,971.59

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

- **Item C.19.a - Fund's monthly average net assets:** $1,590,125,864.95

**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 Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus 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 Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Mid Cap Growth 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: 6 - THRIVENT GOVERNMENT BOND PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT GOVERNMENT BOND PORTFOLIO

- **b. Series identification number, if any:** S000001436

- **c. LEI:** PTYX6G0PXHD3T51KVA56

- **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 A                 | C000003843                                | QTGBPX                       |

**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

- [ ] 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

**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:** $0.00

- **g. Provide the net income from securities lending activities:** $0.00

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

Did the Fund rely on the following rules?

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

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

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

- Rule 12d1-1 (17 CFR 270.12d1-1)

- Rule 32a-4 (17 CFR 270.32a-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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** WI

- **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:** SS&C GIDS, 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:** 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:** 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:** Thrivent Financial Investor Services Inc.

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

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

- **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:** SS&C GIDS, 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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** MORGAN STANLEY & CO. LLC

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $3,125.66

**Aggregate Commission:** $3,125.66

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

| Name                                  | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| GOLDMAN SACHS & CO. LLC               | 008-00129         |    000000361 | FOR8UP27PHTHYVLBNG30 | NY      | US        | $114,682,715.25           |
| MORGAN STANLEY & CO. LLC              | 008-15869         |    000008209 | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $239,431,775.54           |
| BARCLAYS CAPITAL INC.                 | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $89,885,646.77            |
| BOFA SECURITIES, INC.                 | 008-69787         |    000283942 | 549300HN4UKV1E2R3U73 | NY      | US        | $129,533,264.38           |
| STATE STREET GLOBAL MARKETS, LLC      | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $146,120,354.25           |
| WELLS FARGO SECURITIES, LLC           | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $39,751,768.21            |
| STONEX FINANCIAL INC.                 | 008-51269         |    000045993 | 549300LNKU6K5TJCRG93 | FL      | US        | $40,268,053.72            |
| J.P. MORGAN SECURITIES LLC            | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $109,705,075.90           |
| NOMURA SECURITIES INTERNATIONAL, INC. | 008-15255         |    000004297 | OXTKY6Q8X53C9ILVV871 | NY      | US        | $86,145,376.77            |
| HSBC SECURITIES (USA) INC.            | 008-41562         |    000019585 | CYYGQCGNHMHPSMRL3R97 | NY      | US        | $47,986,320.43            |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $1,248,601,576.96

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $161,172,025.61

**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 International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |

- **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 Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond 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: 7 - THRIVENT REAL ESTATE SECURITIES PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT REAL ESTATE SECURITIES PORTFOLIO

- **b. Series identification number, if any:** S000001431

- **c. LEI:** 549300K53IXK3G3DCY26

- **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 A                 | C000003838                                | QTRESX                       |

**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

- [ ] 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

**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:** $0.00

- **g. Provide the net income from securities lending activities:** $0.00

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

Did the Fund rely on the following rules?

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

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

- Rule 32a-4 (17 CFR 270.32a-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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** WI

- **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:** SS&C GIDS, 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:** 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: 3**

- **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:** 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:** SS&C GIDS, 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:** N/A

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

- **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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** 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:** $10,945.20

**Brokers Record: 2**

- **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:** $4,328.71

**Brokers Record: 3**

- **i. Full name of broker:** BARCLAYS CAPITAL INC.

- **ii. SEC file number:** 008-41342

- **iii. CRD number:** 000019714

- **iv. LEI, if any:** AC28XWWI3WIBK2824319

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $73,946.55

**Brokers Record: 4**

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

- **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:** $443.10

**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:** $93,377.14

**Brokers Record: 6**

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

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $8,199.20

**Brokers Record: 7**

- **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:** $5,776.15

**Brokers Record: 8**

- **i. Full name of broker:** CITICORP SECURITIES INC

- **ii. SEC file number:** 008-32117

- **iii. CRD number:** 000015387

- **iv. LEI, if any:** 549300N0SOX9OZVKG341

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $10,455.04

**Brokers Record: 9**

- **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:** $25,905.84

**Brokers Record: 10**

- **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:** $5,719.79

**Aggregate Commission:** $239,162.94

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

| Name                             | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| TD SECURITIES (USA) LLC          | 008-36747         |    000018476 | SUVUFHICNZMP2WKHG940 | NY      | US        | $99,342.93                |
| CITIGROUP GLOBAL MARKETS INC.    | 008-08177         |    000007059 | MBNUM2BPBDO7JBLYG310 | NY      | US        | $1,184,581.30             |
| WELLS FARGO SECURITIES, LLC      | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $198,468.42               |
| BARCLAYS CAPITAL INC.            | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $296,967.36               |
| STATE STREET GLOBAL MARKETS, LLC | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $27,085,593.13            |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $3,451,788,971.59

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

- **Item C.19.a - Fund's monthly average net assets:** $140,456,543.49

**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 Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Mid Cap Growth 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 Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Global Stock 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: 8 - THRIVENT HIGH YIELD PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT HIGH YIELD PORTFOLIO

- **b. Series identification number, if any:** S000001433

- **c. LEI:** Q0U252S3ZZ0J2LYUWZ80

- **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 A                 | C000003840                                | QTHYPX                       |

**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

- [ ] 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:** $59,795,783.22

- **g. Provide the net income from securities lending activities:** $336,029.66

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

Did the Fund rely on the following rules?

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

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

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

- Rule 32a-4 (17 CFR 270.32a-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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** SS&C GIDS, 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:** WI

- **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:** 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: 2**

- **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: 3**

- **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: 4**

- **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:** 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:** N/A

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

- **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:** SS&C GIDS, 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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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.**

No Brokers reported.

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

| Name                                     | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| STIFEL, NICOLAUS & COMPANY, INCORPORATED | 008-01447         |    000000793 | 5WUVMA08EYG4KEUPW589 | MO      | US        | $16,605,798.54            |
| RBC CAPITAL MARKETS, LLC                 | 008-45411         |    000031194 | 549300LCO2FLSSVFFR64 | NY      | US        | $16,472,329.50            |
| J.P. MORGAN SECURITIES LLC               | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $86,600,599.05            |
| STATE STREET GLOBAL MARKETS, LLC         | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $395,863,026.34           |
| GOLDMAN SACHS & CO. LLC                  | 008-00129         |    000000361 | FOR8UP27PHTHYVLBNG30 | NY      | US        | $56,900,010.01            |
| MORGAN STANLEY & CO. LLC                 | 008-15869         |    000008209 | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $53,356,117.21            |
| CITICORP SECURITIES INC                  | 008-32117         |    000015387 | 549300N0SOX9OZVKG341 | NY      | US        | $34,411,963.25            |
| WELLS FARGO SECURITIES, LLC              | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $27,487,149.47            |
| BOFA SECURITIES, INC.                    | 008-69787         |    000283942 | 549300HN4UKV1E2R3U73 | NY      | US        | $57,713,924.19            |
| BARCLAYS CAPITAL INC.                    | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $28,414,556.07            |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $905,925,374.68

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $832,665,456.69

**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 Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Mid Cap Stock 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 Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Moderate 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

### Management Investment Record: 9 - THRIVENT CONSERVATIVE ALLOCATION PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT CONSERVATIVE ALLOCATION PORTFOLIO

- **b. Series identification number, if any:** S000001434

- **c. LEI:** 549300ZIJQKZPRFJHN13

- **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 A                 | C000003841                                | QTDIPX                       |

**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

- [ ] 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:** $5,619,701.53

- **g. Provide the net income from securities lending activities:** $30,046.14

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

Did the Fund rely on the following rules?

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

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

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

- Rule 32a-4 (17 CFR 270.32a-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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** SS&C GIDS, 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:** WI

- **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:** 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: 2**

- **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: 3**

- **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: 4**

- **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:** 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:** N/A

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

- **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:** SS&C GIDS, 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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** 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:** $3,513.64

**Brokers Record: 2**

- **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:** $2,829.66

**Brokers Record: 3**

- **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:** $5,268.93

**Brokers Record: 4**

- **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:** $1,531.90

**Brokers Record: 5**

- **i. Full name of broker:** UBS SECURITIES LLC

- **ii. SEC file number:** 008-22651

- **iii. CRD number:** 000007654

- **iv. LEI, if any:** T6FIZBDPKLYJKFCRVK44

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $1,302.90

**Brokers Record: 6**

- **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:** $2,612.51

**Brokers Record: 7**

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

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $18,507.05

**Brokers Record: 8**

- **i. Full name of broker:** BMO CAPITAL MARKETS CORP.

- **ii. SEC file number:** 008-34344

- **iii. CRD number:** 000016686

- **iv. LEI, if any:** RUC0QBLBRPRCU4W1NE59

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $3,289.97

**Brokers Record: 9**

- **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:** $2,278.88

**Brokers Record: 10**

- **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:** $4,492.97

**Aggregate Commission:** $53,542.55

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

| Name                                  | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| BARCLAYS CAPITAL INC.                 | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $17,963,615.36            |
| DEUTSCHE BANK SECURITIES INC.         | 008-17822         |    000002525 | 9J6MBOOO7BECTDTUZW19 | NY      | US        | $10,159,432.42            |
| GOLDMAN SACHS & CO. LLC               | 008-00129         |    000000361 | FOR8UP27PHTHYVLBNG30 | NY      | US        | $22,176,507.68            |
| J.P. MORGAN SECURITIES LLC            | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $34,842,262.88            |
| CITICORP SECURITIES INC               | 008-32117         |    000015387 | 549300N0SOX9OZVKG341 | NY      | US        | $24,255,077.73            |
| BOFA SECURITIES, INC.                 | 008-69787         |    000283942 | 549300HN4UKV1E2R3U73 | NY      | US        | $47,256,236.43            |
| WELLS FARGO SECURITIES, LLC           | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $84,699,593.84            |
| NOMURA SECURITIES INTERNATIONAL, INC. | 008-15255         |    000004297 | OXTKY6Q8X53C9ILVV871 | NY      | US        | $23,561,588.21            |
| MORGAN STANLEY & CO. LLC              | 008-15869         |    000008209 | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $79,189,630.42            |
| STATE STREET GLOBAL MARKETS, LLC      | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $443,974,748.69           |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $875,849,421.61

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

- **Item C.19.a - Fund's monthly average net assets:** $591,014,753.34

**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 Stock Fund                                                                 | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Healthcare Portfolio                                                               | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                              | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio) | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                      | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                         | 811-04603         |
| Thrivent Government Bond Portfolio                                                          | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                    | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)      | 811-04603         |
| Thrivent All Cap Portfolio                                                                  | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                            | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                   | 811-05075         |
| Thrivent International Index Portfolio                                                      | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                   | 811-04603         |
| Thrivent Large Cap Growth Fund                                                              | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                          | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                  | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                 | 811-05075         |
| Thrivent Income Portfolio                                                                   | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                         | 811-04603         |
| Thrivent Government Bond Fund                                                               | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                | 811-05075         |
| Thrivent Moderate Allocation Fund                                                           | 811-05075         |
| Thrivent Small Cap Stock Portfolio                                                          | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)              | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                          | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)       | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                         | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio                                       | 811-04603         |
| Thrivent Small Cap Growth Fund                                                              | 811-05075         |
| Thrivent ESG Index Portfolio                                                                | 811-04603         |
| Thrivent Global Stock Portfolio                                                             | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)         | 811-04603         |
| Thrivent Small Cap Stock Fund                                                               | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                         | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                | 811-05075         |
| Thrivent High Yield Fund                                                                    | 811-05075         |
| Thrivent Large Cap Index Portfolio                                                          | 811-04603         |
| Thrivent Global Stock Fund                                                                  | 811-05075         |
| Thrivent Municipal Bond Fund                                                                | 811-05075         |
| Thrivent Income Fund                                                                        | 811-05075         |
| Thrivent Large Cap Value Fund                                                               | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)           | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                    | 811-05075         |
| Thrivent High Yield 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 Income Fund                                                                        | 811-05075         |
| Thrivent Government Bond Fund                                                               | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                   | 811-05075         |
| Thrivent Large Cap Growth Fund                                                              | 811-05075         |
| Thrivent All Cap Portfolio                                                                  | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                          | 811-04603         |
| Thrivent Healthcare Portfolio                                                               | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                          | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                   | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                          | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                  | 811-04603         |
| Thrivent Municipal Bond Fund                                                                | 811-05075         |
| Thrivent Global Stock Portfolio                                                             | 811-04603         |
| Thrivent Global Stock Fund                                                                  | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                 | 811-05075         |
| Thrivent International Index Portfolio                                                      | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)           | 811-05075         |
| Thrivent Moderate Allocation Fund                                                           | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio                                       | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                 | 811-05075         |
| Thrivent Moderately Conservative Allocation Fund                                            | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                         | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                    | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                          | 811-04603         |
| Thrivent High Yield Fund                                                                    | 811-05075         |
| Thrivent ESG Index Portfolio                                                                | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)      | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                         | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)         | 811-04603         |
| Thrivent Small Cap Stock Fund                                                               | 811-05075         |
| Thrivent Mid Cap Growth Fund                                                                | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio) | 811-04603         |
| Thrivent Government Bond Portfolio                                                          | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                      | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)              | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)       | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                              | 811-05075         |
| Thrivent High Yield Portfolio                                                               | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                         | 811-04603         |
| Thrivent Small Cap Growth Fund                                                              | 811-05075         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                         | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Large Cap Value Fund                                                               | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                    | 811-05075         |
| Thrivent 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: 10 - THRIVENT GLOBAL STOCK PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT GLOBAL STOCK PORTFOLIO

- **b. Series identification number, if any:** S000001429

- **c. LEI:** 5493003JW6B3SQSY6578

- **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 A                 | C000003836                                | QTGSPX                       |

**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

- [ ] 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:** $6,504,911.11

- **g. Provide the net income from securities lending activities:** $51,979.51

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

Did the Fund rely on the following rules?

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

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

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

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

- Rule 12d1-1 (17 CFR 270.12d1-1)

**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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** SS&C GIDS, 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:** WI

- **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:** 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: 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:** 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:** 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: 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:** SS&C GIDS, 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:** N/A

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

- **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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** KEYBANC CAPITAL MARKETS

- **ii. SEC file number:** 008-30177

- **iii. CRD number:** 000000566

- **iv. LEI, if any:** 2EQWV0180Z211YVAD813

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $48,597.22

**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:** $148,638.50

**Brokers Record: 3**

- **i. Full name of broker:** STUART FRANKEL & CO., INCORPORATED

- **ii. SEC file number:** 008-17419

- **iii. CRD number:** 000014593

- **iv. LEI, if any:** 254900XE1RBF5OLE0T50

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $35,783.38

**Brokers Record: 4**

- **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:** $146,712.69

**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:** $46,062.90

**Brokers Record: 6**

- **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:** $277,107.48

**Brokers Record: 7**

- **i. Full name of broker:** BMO CAPITAL MARKETS CORP.

- **ii. SEC file number:** 008-34344

- **iii. CRD number:** 000016686

- **iv. LEI, if any:** RUC0QBLBRPRCU4W1NE59

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $59,074.15

**Brokers Record: 8**

- **i. Full name of broker:** ELEVATION, LLC

- **ii. SEC file number:** 008-67306

- **iii. CRD number:** 000140341

- **iv. LEI, if any:** 549300BC5VSPZG47RP47

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $41,112.62

**Brokers Record: 9**

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

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $58,257.67

**Brokers Record: 10**

- **i. Full name of broker:** EVERCORE GROUP L.L.C.

- **ii. SEC file number:** 008-49830

- **iii. CRD number:** 000042405

- **iv. LEI, if any:** 5493008F0LRLS5N8LZ81

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $27,702.08

**Aggregate Commission:** $1,064,743.85

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

| Name                                  | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| NOMURA SECURITIES INTERNATIONAL, INC. | 008-15255         |    000004297 | OXTKY6Q8X53C9ILVV871 | NY      | US        | $59,648,801.67            |
| BOFA SECURITIES, INC.                 | 008-69787         |    000283942 | 549300HN4UKV1E2R3U73 | NY      | US        | $44,570,205.98            |
| BARCLAYS CAPITAL INC.                 | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $493,799,665.99           |
| DEUTSCHE BANK SECURITIES INC.         | 008-17822         |    000002525 | 9J6MBOOO7BECTDTUZW19 | NY      | US        | $105,096,971.93           |
| MORGAN STANLEY & CO. LLC              | 008-15869         |    000008209 | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $53,398,771.35            |
| STATE STREET GLOBAL MARKETS, LLC      | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $2,151,057,252.67         |
| CITIGROUP GLOBAL MARKETS INC.         | 008-08177         |    000007059 | MBNUM2BPBDO7JBLYG310 | NY      | US        | $209,735,652.26           |
| ACADEMY SECURITIES, INC.              | 008-35173         |    000017433 | 2549000QX6RLQOZ2XC11 | NY      | US        | $86,095,692.41            |
| WELLS FARGO SECURITIES, LLC           | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $219,558,058.50           |
| J.P. MORGAN SECURITIES LLC            | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $103,954,903.34           |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $3,732,150,936.04

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

- **Item C.19.a - Fund's monthly average net assets:** $1,736,955,327.95

**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 Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |

- **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 Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |

- **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: 11 - THRIVENT MODERATELY CONSERVATIVE ALLOCATION PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT MODERATELY CONSERVATIVE ALLOCATION PORTFOLIO

- **b. Series identification number, if any:** S000001441

- **c. LEI:** NICPJC1U48LDC5GTHF52

- **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 A                 | C000003848                                | QTMCAX                       |

**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

- [ ] 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:** $10,149,233.81

- **g. Provide the net income from securities lending activities:** $44,824.31

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

Did the Fund rely on the following rules?

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

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

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

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

- Rule 12d1-1 (17 CFR 270.12d1-1)

**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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** WI

- **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:** SS&C GIDS, 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:** 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: 2**

- **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: 3**

- **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: 4**

- **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:** 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:** SS&C GIDS, 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:** N/A

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

- **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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** 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:** $9,067.27

**Brokers Record: 2**

- **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:** $11,281.10

**Brokers Record: 3**

- **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:** $27,891.62

**Brokers Record: 4**

- **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:** $22,267.83

**Brokers Record: 5**

- **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:** $38,578.46

**Brokers Record: 6**

- **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:** $11,638.32

**Brokers Record: 7**

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

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $171,487.02

**Brokers Record: 8**

- **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:** $15,821.02

**Brokers Record: 9**

- **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:** $33,299.70

**Brokers Record: 10**

- **i. Full name of broker:** UBS SECURITIES LLC

- **ii. SEC file number:** 008-22651

- **iii. CRD number:** 000007654

- **iv. LEI, if any:** T6FIZBDPKLYJKFCRVK44

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $21,898.15

**Aggregate Commission:** $414,179.57

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

| Name                                  | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| CITICORP SECURITIES INC               | 008-32117         |    000015387 | 549300N0SOX9OZVKG341 | NY      | US        | $94,672,754.57            |
| STATE STREET GLOBAL MARKETS, LLC      | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $2,092,583,667.41         |
| MORGAN STANLEY & CO. LLC              | 008-15869         |    000008209 | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $364,417,630.63           |
| BARCLAYS CAPITAL INC.                 | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $206,607,392.34           |
| BMO CAPITAL MARKETS CORP.             | 008-34344         |    000016686 | RUC0QBLBRPRCU4W1NE59 | NY      | US        | $79,571,521.68            |
| J.P. MORGAN SECURITIES LLC            | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $92,274,811.43            |
| BOFA SECURITIES, INC.                 | 008-69787         |    000283942 | 549300HN4UKV1E2R3U73 | NY      | US        | $77,860,421.80            |
| NOMURA SECURITIES INTERNATIONAL, INC. | 008-15255         |    000004297 | OXTKY6Q8X53C9ILVV871 | NY      | US        | $87,859,347.38            |
| WELLS FARGO SECURITIES, LLC           | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $308,132,139.52           |
| GOLDMAN SACHS & CO. LLC               | 008-00129         |    000000361 | FOR8UP27PHTHYVLBNG30 | NY      | US        | $86,496,163.31            |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $3,773,660,976.40

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

- **Item C.19.a - Fund's monthly average net assets:** $3,447,391,432.61

**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 Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Small Cap Growth 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 Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |

- **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: 12 - THRIVENT LARGE CAP GROWTH PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT LARGE CAP GROWTH PORTFOLIO

- **b. Series identification number, if any:** S000001424

- **c. LEI:** 549300S0UTVLD73LUI10

- **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 A                 | C000003831                                | QTLCGX                       |

**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

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** Yes

**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:** $0.00

- **g. Provide the net income from securities lending activities:** $393.91

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

Did the Fund rely on the following rules?

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

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

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

- Rule 12d1-1 (17 CFR 270.12d1-1)

**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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** WI

- **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:** SS&C GIDS, 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:** 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: 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:** 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:** 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: 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:** SS&C GIDS, 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:** N/A

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

- **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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** 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:** $50,096.74

**Brokers Record: 2**

- **i. Full name of broker:** ELEVATION, LLC

- **ii. SEC file number:** 008-67306

- **iii. CRD number:** 000140341

- **iv. LEI, if any:** 549300BC5VSPZG47RP47

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $12,156.81

**Brokers Record: 3**

- **i. Full name of broker:** KEYBANC CAPITAL MARKETS

- **ii. SEC file number:** 008-30177

- **iii. CRD number:** 000000566

- **iv. LEI, if any:** 2EQWV0180Z211YVAD813

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $11,232.39

**Brokers Record: 4**

- **i. Full name of broker:** BMO CAPITAL MARKETS CORP.

- **ii. SEC file number:** 008-34344

- **iii. CRD number:** 000016686

- **iv. LEI, if any:** RUC0QBLBRPRCU4W1NE59

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $26,768.53

**Brokers Record: 5**

- **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:** $36,148.87

**Brokers Record: 6**

- **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:** $57,553.89

**Brokers Record: 7**

- **i. Full name of broker:** EVERCORE GROUP L.L.C.

- **ii. SEC file number:** 008-49830

- **iii. CRD number:** 000042405

- **iv. LEI, if any:** 5493008F0LRLS5N8LZ81

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $24,423.43

**Brokers Record: 8**

- **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:** $28,348.49

**Brokers Record: 9**

- **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:** $13,972.16

**Brokers Record: 10**

- **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:** $31,189.24

**Aggregate Commission:** $356,936.51

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

| Name                               | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| GOLDMAN SACHS & CO. LLC            | 008-00129         |    000000361 | FOR8UP27PHTHYVLBNG30 | NY      | US        | $4,998,233.33             |
| STATE STREET GLOBAL MARKETS, LLC   | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $1,179,047,291.57         |
| BARCLAYS CAPITAL INC.              | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $14,964,750.00            |
| CASTLEOAK SECURITIES, LP           | 008-65786         |    000125334 | 549300MXL7C60HZ59S65 | NY      | US        | $24,966,983.33            |
| BOFA SECURITIES, INC.              | 008-69787         |    000283942 | 549300HN4UKV1E2R3U73 | NY      | US        | $4,053,567.23             |
| WELLS FARGO SECURITIES, LLC        | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $39,919,766.67            |
| BMO CAPITAL MARKETS CORP.          | 008-34344         |    000016686 | RUC0QBLBRPRCU4W1NE59 | NY      | US        | $34,954,675.70            |
| DAIWA CAPITAL MARKETS AMERICA INC. | 008-12242         |    000001576 | M67H5PRC0NQKM73ZAS82 | NY      | US        | $19,933,842.22            |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $1,322,839,110.05

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

- **Item C.19.a - Fund's monthly average net assets:** $3,059,243,521.86

**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 Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus 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 Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Small Cap Index 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: 13 - THRIVENT MODERATELY AGGRESSIVE ALLOCATION PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT MODERATELY AGGRESSIVE ALLOCATION PORTFOLIO

- **b. Series identification number, if any:** S000001427

- **c. LEI:** JIOB035LX0ZAHINBJM32

- **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 A                 | C000003834                                | QTMAAX                       |

**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

- [ ] 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:** $6,854,574.91

- **g. Provide the net income from securities lending activities:** $36,703.65

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

Did the Fund rely on the following rules?

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

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

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

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

- Rule 12d1-1 (17 CFR 270.12d1-1)

**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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** WI

- **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:** SS&C GIDS, 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:** 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: 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:** 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:** 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: 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:** SS&C GIDS, 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:** N/A

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

- **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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** 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:** $58,975.85

**Brokers Record: 2**

- **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:** $105,423.01

**Brokers Record: 3**

- **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:** $106,711.93

**Brokers Record: 4**

- **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:** $172,027.78

**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:** $47,545.24

**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:** $131,379.34

**Brokers Record: 7**

- **i. Full name of broker:** BMO CAPITAL MARKETS CORP.

- **ii. SEC file number:** 008-34344

- **iii. CRD number:** 000016686

- **iv. LEI, if any:** RUC0QBLBRPRCU4W1NE59

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $42,859.07

**Brokers Record: 8**

- **i. Full name of broker:** UBS SECURITIES LLC

- **ii. SEC file number:** 008-22651

- **iii. CRD number:** 000007654

- **iv. LEI, if any:** T6FIZBDPKLYJKFCRVK44

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $89,879.07

**Brokers Record: 9**

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

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $427,578.70

**Brokers Record: 10**

- **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:** $62,906.39

**Aggregate Commission:** $1,503,437.03

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

| Name                                  | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| NOMURA SECURITIES INTERNATIONAL, INC. | 008-15255         |    000004297 | OXTKY6Q8X53C9ILVV871 | NY      | US        | $231,457,768.66           |
| BOFA SECURITIES, INC.                 | 008-69787         |    000283942 | 549300HN4UKV1E2R3U73 | NY      | US        | $87,213,611.52            |
| J.P. MORGAN SECURITIES LLC            | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $106,327,033.18           |
| BARCLAYS CAPITAL INC.                 | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $395,266,649.95           |
| GOLDMAN SACHS & CO. LLC               | 008-00129         |    000000361 | FOR8UP27PHTHYVLBNG30 | NY      | US        | $224,786,317.91           |
| BMO CAPITAL MARKETS CORP.             | 008-34344         |    000016686 | RUC0QBLBRPRCU4W1NE59 | NY      | US        | $159,044,536.85           |
| STATE STREET GLOBAL MARKETS, LLC      | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $3,588,500,977.40         |
| WELLS FARGO SECURITIES, LLC           | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $361,166,262.35           |
| MORGAN STANLEY & CO. LLC              | 008-15869         |    000008209 | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $372,991,188.87           |
| CITICORP SECURITIES INC               | 008-32117         |    000015387 | 549300N0SOX9OZVKG341 | NY      | US        | $106,724,509.70           |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $5,983,666,933.72

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

- **Item C.19.a - Fund's monthly average net assets:** $7,415,331,647.90

**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 Income Fund                                                                          | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |

- **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 High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |

- **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: 14 - THRIVENT EMERGING MARKETS EQUITY PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT EMERGING MARKETS EQUITY PORTFOLIO

- **b. Series identification number, if any:** S000021862

- **c. LEI:** 549300CSW7HH6WO2Y593

- **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 A                 | C000062731                                | QTEMEX                       |

**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

- [ ] 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

**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:** $0.00

- **g. Provide the net income from securities lending activities:** $0.00

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

Did the Fund rely on the following rules?

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

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

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

- Rule 18f-4 (17 CFR 270.18f-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?** Yes

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

**Investment Advisers Record: 1**

- **i. Full name:** Thrivent Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** SS&C GIDS, 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:** WI

- **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:** 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: 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:** 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:** 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:** 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

- **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:** N/A

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

- **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:** SS&C GIDS, 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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** 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:** $1,138.78

**Brokers Record: 2**

- **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:** $183.69

**Brokers Record: 3**

- **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:** $10.31

**Brokers Record: 4**

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

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $1,005.48

**Brokers Record: 5**

- **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:** $134,453.00

**Brokers Record: 6**

- **i. Full name of broker:** MIZUHO SECURITIES USA LLC

- **ii. SEC file number:** 008-37710

- **iii. CRD number:** 000019647

- **iv. LEI, if any:** 7TK5RJIZDFROZCA6XF66

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $134.40

**Brokers Record: 7**

- **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:** $356.83

**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:** $252.82

**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:** $256.48

**Aggregate Commission:** $137,791.79

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

| Name                             | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| WELLS FARGO SECURITIES, LLC      | 008-65876         | 000126292    | VYVVCKR63DVZZN70PB21 | NC      | US        | $99,064.00                |
| BOFA SECURITIES, INC.            | 008-69787         | 000283942    | 549300HN4UKV1E2R3U73 | NY      | US        | $98,945.60                |
| J.P. MORGAN SECURITIES LLC       | 008-35008         | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $2.25                     |
| First Abu Dhabi Bank (FAB)       | N/A               | N/A          | N/A                  |  |  | $9,631.11                 |
| CITICORP SECURITIES INC          | 008-32117         | 000015387    | 549300N0SOX9OZVKG341 | NY      | US        | $198,062.91               |
| PIPER SANDLER & CO.              | 008-15204         | 000000665    | 549300GRQCWQ3XGH0H10 | MN      | US        | $99,503.24                |
| MIZUHO SECURITIES USA LLC        | 008-37710         | 000019647    | 7TK5RJIZDFROZCA6XF66 | NY      | US        | $99,342.78                |
| DEUTSCHE BANK SECURITIES INC.    | 008-17822         | 000002525    | 9J6MBOOO7BECTDTUZW19 | NY      | US        | $459,214.80               |
| BARCLAYS CAPITAL INC.            | 008-41342         | 000019714    | AC28XWWI3WIBK2824319 | NY      | US        | $198,091.45               |
| STATE STREET GLOBAL MARKETS, LLC | 008-69862         | 000285852    | 549300FDEDF5ORXCMQ56 | MA      | US        | $126,707,944.48           |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $127,969,802.62

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

- **Item C.19.a - Fund's monthly average net assets:** $66,209,056.14

**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 Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent 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 Global Stock Fund                                                                    | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Global Stock 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: 15 - THRIVENT MID CAP VALUE PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT MID CAP VALUE PORTFOLIO

- **b. Series identification number, if any:** S000068346

- **c. LEI:** 5493004FK8KRKKPJTO90

- **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 A                 | C000218695                                | QTMCVX                       |

**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

- [ ] 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:** $262,934.92

- **g. Provide the net income from securities lending activities:** $2,168.00

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

- Rule 18f-4 (17 CFR 270.18f-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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** WI

- **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:** SS&C GIDS, 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:** ICE Data Pricing & Reference Data, LLC

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

- **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:** 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: 3**

- **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: 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:** Thrivent Financial Investor Services Inc.

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

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

- **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:** SS&C GIDS, 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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** TRUIST SECURITIES, INC.

- **ii. SEC file number:** 008-17212

- **iii. CRD number:** 000006271

- **iv. LEI, if any:** CSVTK36R0PNGXEM7NS14

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $866.16

**Brokers Record: 2**

- **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:** $2,340.98

**Brokers Record: 3**

- **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:** $4,098.39

**Brokers Record: 4**

- **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:** $3,621.96

**Brokers Record: 5**

- **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:** $3,898.99

**Brokers Record: 6**

- **i. Full name of broker:** BMO CAPITAL MARKETS CORP.

- **ii. SEC file number:** 008-34344

- **iii. CRD number:** 000016686

- **iv. LEI, if any:** RUC0QBLBRPRCU4W1NE59

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $1,675.31

**Brokers Record: 7**

- **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:** $4,074.15

**Brokers Record: 8**

- **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:** $1,326.48

**Brokers Record: 9**

- **i. Full name of broker:** STIFEL, NICOLAUS & COMPANY, INCORPORATED

- **ii. SEC file number:** 008-01447

- **iii. CRD number:** 000000793

- **iv. LEI, if any:** 5WUVMA08EYG4KEUPW589

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $796.02

**Brokers Record: 10**

- **i. Full name of broker:** KEYBANC CAPITAL MARKETS

- **ii. SEC file number:** 008-30177

- **iii. CRD number:** 000000566

- **iv. LEI, if any:** 2EQWV0180Z211YVAD813

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $936.29

**Aggregate Commission:** $29,020.96

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

| Name                             | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| STATE STREET GLOBAL MARKETS, LLC | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $23,488,365.99            |
| DEUTSCHE BANK SECURITIES INC.    | 008-17822         |    000002525 | 9J6MBOOO7BECTDTUZW19 | NY      | US        | $174,938.17               |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $23,663,304.16

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

- **Item C.19.a - Fund's monthly average net assets:** $48,327,276.37

**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 Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |

- **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 High Yield Fund                                                                      | 811-05075         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Moderate 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

### Management Investment Record: 16 - THRIVENT SMALL CAP GROWTH PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT SMALL CAP GROWTH PORTFOLIO

- **b. Series identification number, if any:** S000061813

- **c. LEI:** 549300LN32L4TFTU7461

- **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 A                 | C000200170                                | QTSCGX                       |

**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

- [ ] 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:** $433,907.31

- **g. Provide the net income from securities lending activities:** $833.31

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

- Rule 12d1-1 (17 CFR 270.12d1-1)

- Rule 18f-4 (17 CFR 270.18f-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?** Yes

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

**Investment Advisers Record: 1**

- **i. Full name:** Thrivent Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** SS&C GIDS, 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:** WI

- **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:** 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: 2**

- **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: 3**

- **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: 4**

- **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:** 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:** N/A

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

- **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:** SS&C GIDS, 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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** MIZUHO SECURITIES USA LLC

- **ii. SEC file number:** 008-37710

- **iii. CRD number:** 000019647

- **iv. LEI, if any:** 7TK5RJIZDFROZCA6XF66

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $2,789.05

**Brokers Record: 2**

- **i. Full name of broker:** ELEVATION, LLC

- **ii. SEC file number:** 008-67306

- **iii. CRD number:** 000140341

- **iv. LEI, if any:** 549300BC5VSPZG47RP47

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $2,760.46

**Brokers Record: 3**

- **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:** $7,622.42

**Brokers Record: 4**

- **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:** $12,764.56

**Brokers Record: 5**

- **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:** $17,503.11

**Brokers Record: 6**

- **i. Full name of broker:** BMO CAPITAL MARKETS CORP.

- **ii. SEC file number:** 008-34344

- **iii. CRD number:** 000016686

- **iv. LEI, if any:** RUC0QBLBRPRCU4W1NE59

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $21,551.56

**Brokers Record: 7**

- **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:** $15,951.50

**Brokers Record: 8**

- **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:** $22,016.56

**Brokers Record: 9**

- **i. Full name of broker:** BARCLAYS CAPITAL INC.

- **ii. SEC file number:** 008-41342

- **iii. CRD number:** 000019714

- **iv. LEI, if any:** AC28XWWI3WIBK2824319

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $6,416.25

**Brokers Record: 10**

- **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:** $10,438.70

**Aggregate Commission:** $140,838.03

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

| Name                             | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| STATE STREET GLOBAL MARKETS, LLC | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $115,425,231.04           |
| MORGAN STANLEY & CO. LLC         | 008-15869         |    000008209 | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $3,583,733.30             |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $119,008,964.34

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

- **Item C.19.a - Fund's monthly average net assets:** $126,297,009.35

**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 High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |

- **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 Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Moderate 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

### Management Investment Record: 17 - THRIVENT DYNAMIC ALLOCATION PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT DYNAMIC ALLOCATION PORTFOLIO

- **b. Series identification number, if any:** S000001432

- **c. LEI:** G6AL26GWOV90D51UXG57

- **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 A                 | C000003839                                | QTBIPX                       |

**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

- [ ] 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:** $2,725,045.58

- **g. Provide the net income from securities lending activities:** $16,224.51

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

Did the Fund rely on the following rules?

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

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

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

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

- Rule 12d1-1 (17 CFR 270.12d1-1)

**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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** WI

- **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:** SS&C GIDS, 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:** 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: 3**

- **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:** 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:** Thrivent Financial Investor Services Inc.

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

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

- **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:** SS&C GIDS, 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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** BMO CAPITAL MARKETS CORP.

- **ii. SEC file number:** 008-34344

- **iii. CRD number:** 000016686

- **iv. LEI, if any:** RUC0QBLBRPRCU4W1NE59

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $3,740.75

**Brokers Record: 2**

- **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:** $3,567.25

**Brokers Record: 3**

- **i. Full name of broker:** UBS SECURITIES LLC

- **ii. SEC file number:** 008-22651

- **iii. CRD number:** 000007654

- **iv. LEI, if any:** T6FIZBDPKLYJKFCRVK44

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $1,474.12

**Brokers Record: 4**

- **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:** $5,813.54

**Brokers Record: 5**

- **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:** $4,625.35

**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:** $2,906.16

**Brokers Record: 7**

- **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:** $1,704.29

**Brokers Record: 8**

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

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $23,575.15

**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:** $3,260.33

**Brokers Record: 10**

- **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:** $3,611.81

**Aggregate Commission:** $62,887.63

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

| Name                                  | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| MIZUHO SECURITIES USA LLC             | 008-37710         |    000019647 | 7TK5RJIZDFROZCA6XF66 | NY      | US        | $21,076,561.06            |
| BARCLAYS CAPITAL INC.                 | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $11,030,423.83            |
| J.P. MORGAN SECURITIES LLC            | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $28,227,217.44            |
| GOLDMAN SACHS & CO. LLC               | 008-00129         |    000000361 | FOR8UP27PHTHYVLBNG30 | NY      | US        | $8,732,579.95             |
| BMO CAPITAL MARKETS CORP.             | 008-34344         |    000016686 | RUC0QBLBRPRCU4W1NE59 | NY      | US        | $12,148,574.44            |
| MORGAN STANLEY & CO. LLC              | 008-15869         |    000008209 | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $80,370,689.67            |
| STATE STREET GLOBAL MARKETS, LLC      | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $290,728,405.13           |
| NOMURA SECURITIES INTERNATIONAL, INC. | 008-15255         |    000004297 | OXTKY6Q8X53C9ILVV871 | NY      | US        | $15,777,728.14            |
| WELLS FARGO SECURITIES, LLC           | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $68,638,571.88            |
| BOFA SECURITIES, INC.                 | 008-69787         |    000283942 | 549300HN4UKV1E2R3U73 | NY      | US        | $23,684,134.54            |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $611,258,897.39

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

- **Item C.19.a - Fund's monthly average net assets:** $385,672,013.73

**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 Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Small Cap Stock 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 Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Large Cap Value 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: 18 - THRIVENT ESG INDEX PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT ESG INDEX PORTFOLIO

- **b. Series identification number, if any:** S000068343

- **c. LEI:** 549300JWXYS2DIVU4M74

- **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 A                 | C000218692                                | QTESGX                       |

**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

- [ ] 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:** $12,115.88

- **g. Provide the net income from securities lending activities:** $292.22

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

Did the Fund rely on the following rules?

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

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

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

- Rule 18f-4 (17 CFR 270.18f-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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** SS&C GIDS, 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:** WI

- **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:** 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: 2**

- **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: 3**

- **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:** 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:** 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

- **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:** N/A

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

- **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:** SS&C GIDS, 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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $243.36

**Brokers Record: 2**

- **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:** $858.99

**Brokers Record: 3**

- **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:** $0.02

**Brokers Record: 4**

- **i. Full name of broker:** BMO CAPITAL MARKETS CORP.

- **ii. SEC file number:** 008-34344

- **iii. CRD number:** 000016686

- **iv. LEI, if any:** RUC0QBLBRPRCU4W1NE59

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $7.20

**Brokers Record: 5**

- **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:** $34.90

**Brokers Record: 6**

- **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:** $0.78

**Brokers Record: 7**

- **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:** $23.58

**Aggregate Commission:** $1,168.84

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

| Name                             | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| BARCLAYS CAPITAL INC.            | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $98,961.11                |
| J.P. MORGAN SECURITIES LLC       | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $99,020.00                |
| CITICORP SECURITIES INC          | 008-32117         |    000015387 | 549300N0SOX9OZVKG341 | NY      | US        | $297,302.29               |
| DEUTSCHE BANK SECURITIES INC.    | 008-17822         |    000002525 | 9J6MBOOO7BECTDTUZW19 | NY      | US        | $99,391.78                |
| STATE STREET GLOBAL MARKETS, LLC | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $19,730,572.36            |
| MORGAN STANLEY & CO. LLC         | 008-15869         |    000008209 | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $384,863.97               |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $20,710,111.51

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

- **Item C.19.a - Fund's monthly average net assets:** $57,359,862.63

**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 Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Healthcare 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 Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |

- **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: 19 - THRIVENT MID CAP STOCK PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT MID CAP STOCK PORTFOLIO

- **b. Series identification number, if any:** S000001420

- **c. LEI:** 54930040IF45CD6DYC47

- **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 A                 | C000003827                                | QTMCSX                       |

**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

- [ ] 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:** $12,074,216.87

- **g. Provide the net income from securities lending activities:** $45,240.19

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

Did the Fund rely on the following rules?

- Rule 12d1-1 (17 CFR 270.12d1-1)

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

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

- Rule 18f-4 (17 CFR 270.18f-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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** SS&C GIDS, 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:** WI

- **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:** 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:** 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: 3**

- **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:** 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:** SS&C GIDS, 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:** N/A

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

- **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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** 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:** $60,019.79

**Brokers Record: 2**

- **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:** $32,861.28

**Brokers Record: 3**

- **i. Full name of broker:** BMO CAPITAL MARKETS CORP.

- **ii. SEC file number:** 008-34344

- **iii. CRD number:** 000016686

- **iv. LEI, if any:** RUC0QBLBRPRCU4W1NE59

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $101,298.52

**Brokers Record: 4**

- **i. Full name of broker:** UBS SECURITIES LLC

- **ii. SEC file number:** 008-22651

- **iii. CRD number:** 000007654

- **iv. LEI, if any:** T6FIZBDPKLYJKFCRVK44

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $61,604.58

**Brokers Record: 5**

- **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:** $67,930.75

**Brokers Record: 6**

- **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:** $88,393.79

**Brokers Record: 7**

- **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:** $102,379.00

**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:** $64,186.45

**Brokers Record: 9**

- **i. Full name of broker:** KEYBANC CAPITAL MARKETS

- **ii. SEC file number:** 008-30177

- **iii. CRD number:** 000000566

- **iv. LEI, if any:** 2EQWV0180Z211YVAD813

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $35,378.32

**Brokers Record: 10**

- **i. Full name of broker:** EVERCORE GROUP L.L.C.

- **ii. SEC file number:** 008-49830

- **iii. CRD number:** 000042405

- **iv. LEI, if any:** 5493008F0LRLS5N8LZ81

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $44,505.96

**Aggregate Commission:** $813,619.22

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

| Name                               | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| DEUTSCHE BANK SECURITIES INC.      | 008-17822         |    000002525 | 9J6MBOOO7BECTDTUZW19 | NY      | US        | $4,968,825.69             |
| BARCLAYS CAPITAL INC.              | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $10,795,137.77            |
| DAIWA CAPITAL MARKETS AMERICA INC. | 008-12242         |    000001576 | M67H5PRC0NQKM73ZAS82 | NY      | US        | $19,933,892.78            |
| CITIGROUP GLOBAL MARKETS INC.      | 008-08177         |    000007059 | MBNUM2BPBDO7JBLYG310 | NY      | US        | $14,964,148.96            |
| J.P. MORGAN SECURITIES LLC         | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $1,689,988.89             |
| BMO CAPITAL MARKETS CORP.          | 008-34344         |    000016686 | RUC0QBLBRPRCU4W1NE59 | NY      | US        | $19,979,976.39            |
| WELLS FARGO SECURITIES, LLC        | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $19,928,036.11            |
| MIZUHO SECURITIES USA LLC          | 008-37710         |    000019647 | 7TK5RJIZDFROZCA6XF66 | NY      | US        | $2,049,282.50             |
| STATE STREET GLOBAL MARKETS, LLC   | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $725,562,717.44           |
| ACADEMY SECURITIES, INC.           | 008-35173         |    000017433 | 2549000QX6RLQOZ2XC11 | NY      | US        | $7,251,920.06             |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $827,123,926.59

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

- **Item C.19.a - Fund's monthly average net assets:** $1,952,471,149.74

**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 Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |

- **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 Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent High Yield Fund                                                                      | 811-05075         |

- **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: 20 - THRIVENT SHORT-TERM BOND PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT SHORT-TERM BOND PORTFOLIO

- **b. Series identification number, if any:** S000001437

- **c. LEI:** 6VYVH6PNTVA8ZH23ET87

- **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 A                 | C000003844                                | QTLMBX                       |

**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

- [ ] 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:** $6,023,153.52

- **g. Provide the net income from securities lending activities:** $22,913.89

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

Did the Fund rely on the following rules?

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

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

- Rule 32a-4 (17 CFR 270.32a-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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** SS&C GIDS, 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:** WI

- **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:** 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:** 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: 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:** 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

- **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:** N/A

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

- **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:** SS&C GIDS, 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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** MORGAN STANLEY & CO. LLC

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $2,292.50

**Aggregate Commission:** $2,292.50

**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        | $86,619,603.67            |
| MORGAN STANLEY & CO. LLC         | 008-15869         |    000008209 | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $216,006,232.28           |
| J.P. MORGAN SECURITIES LLC       | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $98,406,779.01            |
| MIZUHO SECURITIES USA LLC        | 008-37710         |    000019647 | 7TK5RJIZDFROZCA6XF66 | NY      | US        | $128,076,424.43           |
| BARCLAYS CAPITAL INC.            | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $85,197,732.15            |
| WELLS FARGO SECURITIES, LLC      | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $58,447,610.70            |
| STATE STREET GLOBAL MARKETS, LLC | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $353,282,540.06           |
| CITICORP SECURITIES INC          | 008-32117         |    000015387 | 549300N0SOX9OZVKG341 | NY      | US        | $51,493,546.11            |
| GOLDMAN SACHS & CO. LLC          | 008-00129         |    000000361 | FOR8UP27PHTHYVLBNG30 | NY      | US        | $70,383,632.40            |
| BNP PARIBAS SECURITIES CORP.     | 008-32682         |    000015794 | RCNB6OTYUAMMP879YW96 | NY      | US        | $36,896,164.02            |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $1,473,280,077.15

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $679,820,203.02

**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 Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |

- **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 Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Emerging Markets Equity 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: 21 - THRIVENT INCOME PORTFOLIO

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

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

- **b. Series identification number, if any:** S000001435

- **c. LEI:** 549300RBU4OUI2SDQ826

- **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 A                 | C000003842                                | QTINPX                       |

**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

- [ ] 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:** $15,520,386.47

- **g. Provide the net income from securities lending activities:** $50,168.19

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

Did the Fund rely on the following rules?

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

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

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

- Rule 12d1-1 (17 CFR 270.12d1-1)

**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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** SS&C GIDS, 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:** WI

- **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:** 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:** 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:** 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:** SS&C GIDS, 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:** N/A

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

- **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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $7,303.18

**Aggregate Commission:** $7,303.18

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

| Name                             | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| DEUTSCHE BANK SECURITIES INC.    | 008-17822         |    000002525 | 9J6MBOOO7BECTDTUZW19 | NY      | US        | $73,616,761.74            |
| STATE STREET GLOBAL MARKETS, LLC | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $698,607,110.32           |
| BOFA SECURITIES, INC.            | 008-69787         |    000283942 | 549300HN4UKV1E2R3U73 | NY      | US        | $186,425,037.86           |
| CITADEL SECURITIES LLC           | 008-53574         |    000116797 | 12UUJYTN7D3SW8KCSG25 | FL      | US        | $69,623,154.28            |
| MORGAN STANLEY & CO. LLC         | 008-15869         |    000008209 | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $141,586,905.43           |
| BNP PARIBAS SECURITIES CORP.     | 008-32682         |    000015794 | RCNB6OTYUAMMP879YW96 | NY      | US        | $59,932,429.87            |
| J.P. MORGAN SECURITIES LLC       | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $194,714,440.07           |
| GOLDMAN SACHS & CO. LLC          | 008-00129         |    000000361 | FOR8UP27PHTHYVLBNG30 | NY      | US        | $156,461,582.03           |
| WELLS FARGO SECURITIES, LLC      | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $96,468,817.50            |
| BARCLAYS CAPITAL INC.            | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $117,722,462.70           |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $2,378,107,659.58

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $1,267,793,566.44

**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 Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |

- **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 Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Moderate 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

### Management Investment Record: 22 - THRIVENT MID CAP GROWTH PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT MID CAP GROWTH PORTFOLIO

- **b. Series identification number, if any:** S000068345

- **c. LEI:** 549300DMT58LTSJDEG08

- **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 A                 | C000218694                                | QTMCGX                       |

**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

- [ ] 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:** $810,266.74

- **g. Provide the net income from securities lending activities:** $6,104.06

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

Did the Fund rely on the following rules?

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

- Rule 32a-4 (17 CFR 270.32a-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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** SS&C GIDS, 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:** WI

- **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:** 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: 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:** ICE Data Pricing & Reference Data, LLC

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

- **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:** Thrivent Financial Investor Services Inc.

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

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

- **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:** SS&C GIDS, 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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** 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:** $3,496.64

**Brokers Record: 2**

- **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:** $579.37

**Brokers Record: 3**

- **i. Full name of broker:** BARCLAYS CAPITAL INC.

- **ii. SEC file number:** 008-41342

- **iii. CRD number:** 000019714

- **iv. LEI, if any:** AC28XWWI3WIBK2824319

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $1,481.49

**Brokers Record: 4**

- **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:** $1,031.17

**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:** $5,260.37

**Brokers Record: 6**

- **i. Full name of broker:** KEYBANC CAPITAL MARKETS

- **ii. SEC file number:** 008-30177

- **iii. CRD number:** 000000566

- **iv. LEI, if any:** 2EQWV0180Z211YVAD813

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $1,578.02

**Brokers Record: 7**

- **i. Full name of broker:** BMO CAPITAL MARKETS CORP.

- **ii. SEC file number:** 008-34344

- **iii. CRD number:** 000016686

- **iv. LEI, if any:** RUC0QBLBRPRCU4W1NE59

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $774.58

**Brokers Record: 8**

- **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:** $2,119.21

**Brokers Record: 9**

- **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:** $6,281.92

**Brokers Record: 10**

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

- **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:** $733.89

**Aggregate Commission:** $24,395.98

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

| Name                             | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| J.P. MORGAN SECURITIES LLC       | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $2,299,187.33             |
| STATE STREET GLOBAL MARKETS, LLC | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $29,061,650.81            |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $31,360,838.14

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

- **Item C.19.a - Fund's monthly average net assets:** $88,477,063.13

**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 Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |

- **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 Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent ESG Index 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: 23 - THRIVENT AGGRESSIVE ALLOCATION PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT AGGRESSIVE ALLOCATION PORTFOLIO

- **b. Series identification number, if any:** S000001416

- **c. LEI:** 1M8C82MNEW0PVZ248471

- **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 A                 | C000003823                                | QTAAPX                       |

**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

- [ ] 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:** $1,170,927.16

- **g. Provide the net income from securities lending activities:** $5,140.74

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

Did the Fund rely on the following rules?

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

- Rule 12d1-1 (17 CFR 270.12d1-1)

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

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

- Rule 32a-4 (17 CFR 270.32a-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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** SS&C GIDS, 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:** WI

- **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:** 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: 2**

- **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: 3**

- **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:** 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:** 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

- **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:** SS&C GIDS, 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:** N/A

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

- **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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** UBS SECURITIES LLC

- **ii. SEC file number:** 008-22651

- **iii. CRD number:** 000007654

- **iv. LEI, if any:** T6FIZBDPKLYJKFCRVK44

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $30,821.28

**Brokers Record: 2**

- **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:** $32,514.98

**Brokers Record: 3**

- **i. Full name of broker:** BMO CAPITAL MARKETS CORP.

- **ii. SEC file number:** 008-34344

- **iii. CRD number:** 000016686

- **iv. LEI, if any:** RUC0QBLBRPRCU4W1NE59

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $28,405.39

**Brokers Record: 4**

- **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:** $47,270.37

**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:** $18,759.80

**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:** $49,067.71

**Brokers Record: 7**

- **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:** $32,307.25

**Brokers Record: 8**

- **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:** $38,194.86

**Brokers Record: 9**

- **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:** $59,089.04

**Brokers Record: 10**

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

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $142,020.93

**Aggregate Commission:** $577,800.65

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

| Name                                  | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| WELLS FARGO SECURITIES, LLC           | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $189,637,187.90           |
| MORGAN STANLEY & CO. LLC              | 008-15869         |    000008209 | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $260,084,344.64           |
| BMO CAPITAL MARKETS CORP.             | 008-34344         |    000016686 | RUC0QBLBRPRCU4W1NE59 | NY      | US        | $30,713,426.49            |
| BARCLAYS CAPITAL INC.                 | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $107,268,500.01           |
| CITICORP SECURITIES INC               | 008-32117         |    000015387 | 549300N0SOX9OZVKG341 | NY      | US        | $23,746,663.89            |
| MIZUHO SECURITIES USA LLC             | 008-37710         |    000019647 | 7TK5RJIZDFROZCA6XF66 | NY      | US        | $131,042,140.84           |
| J.P. MORGAN SECURITIES LLC            | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $23,988,565.86            |
| NOMURA SECURITIES INTERNATIONAL, INC. | 008-15255         |    000004297 | OXTKY6Q8X53C9ILVV871 | NY      | US        | $203,990,264.18           |
| CITIGROUP GLOBAL MARKETS INC.         | 008-08177         |    000007059 | MBNUM2BPBDO7JBLYG310 | NY      | US        | $23,736,610.94            |
| STATE STREET GLOBAL MARKETS, LLC      | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $1,320,051,295.56         |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $2,411,900,329.07

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

- **Item C.19.a - Fund's monthly average net assets:** $2,326,510,264.99

**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 Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Real Estate Securities 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 Growth Fund                                                                | 811-05075         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International 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

### Management Investment Record: 24 - THRIVENT SMALL CAP STOCK PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT SMALL CAP STOCK PORTFOLIO

- **b. Series identification number, if any:** S000001445

- **c. LEI:** 549300ONMNEN0B15WO97

- **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 A                 | C000003852                                | QTSCSX                       |

**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

- [ ] 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:** $3,819,395.75

- **g. Provide the net income from securities lending activities:** $18,166.29

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

Did the Fund rely on the following rules?

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

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

- Rule 32a-4 (17 CFR 270.32a-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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** WI

- **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:** SS&C GIDS, 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:** 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: 3**

- **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:** 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:** N/A

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

- **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:** SS&C GIDS, 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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** 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:** $37,601.11

**Brokers Record: 2**

- **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:** $67,680.86

**Brokers Record: 3**

- **i. Full name of broker:** STUART FRANKEL & CO., INCORPORATED

- **ii. SEC file number:** 008-17419

- **iii. CRD number:** 000014593

- **iv. LEI, if any:** 254900XE1RBF5OLE0T50

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $60,469.84

**Brokers Record: 4**

- **i. Full name of broker:** ELEVATION, LLC

- **ii. SEC file number:** 008-67306

- **iii. CRD number:** 000140341

- **iv. LEI, if any:** 549300BC5VSPZG47RP47

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $30,177.85

**Brokers Record: 5**

- **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:** $109,332.24

**Brokers Record: 6**

- **i. Full name of broker:** BMO CAPITAL MARKETS CORP.

- **ii. SEC file number:** 008-34344

- **iii. CRD number:** 000016686

- **iv. LEI, if any:** RUC0QBLBRPRCU4W1NE59

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $198,222.10

**Brokers Record: 7**

- **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:** $24,788.56

**Brokers Record: 8**

- **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:** $29,342.14

**Brokers Record: 9**

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

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $30,476.80

**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:** $56,149.07

**Aggregate Commission:** $751,924.93

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

| Name                             | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| BARCLAYS CAPITAL INC.            | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $1,245,046.52             |
| WELLS FARGO SECURITIES, LLC      | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $349,169.74               |
| BMO CAPITAL MARKETS CORP.        | 008-34344         |    000016686 | RUC0QBLBRPRCU4W1NE59 | NY      | US        | $4,983,530.56             |
| DEUTSCHE BANK SECURITIES INC.    | 008-17822         |    000002525 | 9J6MBOOO7BECTDTUZW19 | NY      | US        | $9,347,148.50             |
| J.P. MORGAN SECURITIES LLC       | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $7,567,325.27             |
| STATE STREET GLOBAL MARKETS, LLC | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $612,746,829.70           |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $636,239,050.29

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

- **Item C.19.a - Fund's monthly average net assets:** $959,181,095.52

**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 Growth Fund                                                                | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Real Estate Securities 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 Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Moderately 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

### Management Investment Record: 25 - THRIVENT ALL CAP PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT ALL CAP PORTFOLIO

- **b. Series identification number, if any:** S000001423

- **c. LEI:** 5493007YMF4582YFAZ85

- **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 A                 | C000003830                                | QTACPX                       |

**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

- [ ] 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:** $1,225,207.23

- **g. Provide the net income from securities lending activities:** $37,067.67

**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 18f-4 (17 CFR 270.18f-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?** 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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** SS&C GIDS, 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:** WI

- **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:** 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: 2**

- **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: 3**

- **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: 4**

- **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:** 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:** SS&C GIDS, 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:** N/A

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

- **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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** 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:** $8,634.19

**Brokers Record: 2**

- **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:** $6,194.22

**Brokers Record: 3**

- **i. Full name of broker:** UBS SECURITIES LLC

- **ii. SEC file number:** 008-22651

- **iii. CRD number:** 000007654

- **iv. LEI, if any:** T6FIZBDPKLYJKFCRVK44

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $2,576.47

**Brokers Record: 4**

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

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $57,072.78

**Brokers Record: 5**

- **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:** $32,462.67

**Brokers Record: 6**

- **i. Full name of broker:** BARCLAYS CAPITAL INC.

- **ii. SEC file number:** 008-41342

- **iii. CRD number:** 000019714

- **iv. LEI, if any:** AC28XWWI3WIBK2824319

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $3,659.94

**Brokers Record: 7**

- **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:** $1,539.20

**Brokers Record: 8**

- **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:** $3,639.88

**Brokers Record: 9**

- **i. Full name of broker:** KEEFE, BRUYETTE & WOODS, INC.

- **ii. SEC file number:** 008-10888

- **iii. CRD number:** 000000481

- **iv. LEI, if any:** 549300OM47DQV01G4854

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $1,971.19

**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:** $11,604.27

**Aggregate Commission:** $134,616.35

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

| Name                             | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| CITICORP SECURITIES INC          | 008-32117         |    000015387 | 549300N0SOX9OZVKG341 | NY      | US        | $197,994.17               |
| BOFA SECURITIES, INC.            | 008-69787         |    000283942 | 549300HN4UKV1E2R3U73 | NY      | US        | $198,205.78               |
| BARCLAYS CAPITAL INC.            | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $495,056.84               |
| ACADEMY SECURITIES, INC.         | 008-35173         |    000017433 | 2549000QX6RLQOZ2XC11 | NY      | US        | $99,050.00                |
| WELLS FARGO SECURITIES, LLC      | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $297,259.50               |
| CITIGROUP GLOBAL MARKETS INC.    | 008-08177         |    000007059 | MBNUM2BPBDO7JBLYG310 | NY      | US        | $1,494,471.77             |
| STATE STREET GLOBAL MARKETS, LLC | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $55,948,666.26            |
| PIPER SANDLER & CO.              | 008-15204         |    000000665 | 549300GRQCWQ3XGH0H10 | MN      | US        | $99,503.24                |
| TD SECURITIES (USA) LLC          | 008-36747         |    000018476 | SUVUFHICNZMP2WKHG940 | NY      | US        | $198,019.97               |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $59,028,227.53

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

- **Item C.19.a - Fund's monthly average net assets:** $200,272,264.97

**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 Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |

- **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 Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Mid Cap Index 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: 26 - THRIVENT LARGE CAP VALUE PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT LARGE CAP VALUE PORTFOLIO

- **b. Series identification number, if any:** S000001428

- **c. LEI:** 5493000QLC8KHZJUMH19

- **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 A                 | C000003835                                | QTLCVX                       |

**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

- [ ] 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:** $12,671,670.92

- **g. Provide the net income from securities lending activities:** $53,354.38

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

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

- Rule 18f-4 (17 CFR 270.18f-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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** WI

- **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:** SS&C GIDS, 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:** ICE Data Pricing & Reference Data, LLC

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

- **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:** 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:** 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:** Thrivent Financial Investor Services Inc.

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

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

- **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:** SS&C GIDS, 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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** BMO CAPITAL MARKETS CORP.

- **ii. SEC file number:** 008-34344

- **iii. CRD number:** 000016686

- **iv. LEI, if any:** RUC0QBLBRPRCU4W1NE59

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $63,619.42

**Brokers Record: 2**

- **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:** $102,752.90

**Brokers Record: 3**

- **i. Full name of broker:** KEYBANC CAPITAL MARKETS

- **ii. SEC file number:** 008-30177

- **iii. CRD number:** 000000566

- **iv. LEI, if any:** 2EQWV0180Z211YVAD813

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $41,273.26

**Brokers Record: 4**

- **i. Full name of broker:** STUART FRANKEL & CO., INCORPORATED

- **ii. SEC file number:** 008-17419

- **iii. CRD number:** 000014593

- **iv. LEI, if any:** 254900XE1RBF5OLE0T50

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $37,088.50

**Brokers Record: 5**

- **i. Full name of broker:** ELEVATION, LLC

- **ii. SEC file number:** 008-67306

- **iii. CRD number:** 000140341

- **iv. LEI, if any:** 549300BC5VSPZG47RP47

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $37,512.55

**Brokers Record: 6**

- **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:** $66,022.85

**Brokers Record: 7**

- **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:** $68,773.66

**Brokers Record: 8**

- **i. Full name of broker:** EVERCORE GROUP L.L.C.

- **ii. SEC file number:** 008-49830

- **iii. CRD number:** 000042405

- **iv. LEI, if any:** 5493008F0LRLS5N8LZ81

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $28,483.76

**Brokers Record: 9**

- **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:** $37,613.98

**Brokers Record: 10**

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

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $53,570.26

**Aggregate Commission:** $671,867.12

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

| Name                             | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| CITIGROUP GLOBAL MARKETS INC.    | 008-08177         |    000007059 | MBNUM2BPBDO7JBLYG310 | NY      | US        | $9,161,761.70             |
| BMO CAPITAL MARKETS CORP.        | 008-34344         |    000016686 | RUC0QBLBRPRCU4W1NE59 | NY      | US        | $4,988,824.31             |
| J.P. MORGAN SECURITIES LLC       | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $9,958,680.56             |
| BARCLAYS CAPITAL INC.            | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $28,895,121.18            |
| DEUTSCHE BANK SECURITIES INC.    | 008-17822         |    000002525 | 9J6MBOOO7BECTDTUZW19 | NY      | US        | $19,924,800.00            |
| CASTLEOAK SECURITIES, LP         | 008-65786         |    000125334 | 549300MXL7C60HZ59S65 | NY      | US        | $9,977,648.61             |
| STATE STREET GLOBAL MARKETS, LLC | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $777,566,801.49           |
| WELLS FARGO SECURITIES, LLC      | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $19,968,240.28            |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $880,441,878.13

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

- **Item C.19.a - Fund's monthly average net assets:** $3,052,173,139.32

**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 All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |

- **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 Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |

- **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: 27 - THRIVENT MID CAP INDEX PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT MID CAP INDEX PORTFOLIO

- **b. Series identification number, if any:** S000001421

- **c. LEI:** 549300OT1ICKEELJWR17

- **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 A                 | C000003828                                | QTMCIX                       |

**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

- [ ] 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:** $7,594,239.02

- **g. Provide the net income from securities lending activities:** $20,836.09

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

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

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

- 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?** 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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** WI

- **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:** SS&C GIDS, 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:** 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: 2**

- **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: 3**

- **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:** 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:** 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

- **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:** N/A

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

- **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:** SS&C GIDS, 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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** 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:** $1,577.56

**Brokers Record: 2**

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

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $2,758.98

**Brokers Record: 3**

- **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:** $662.58

**Brokers Record: 4**

- **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:** $1,498.33

**Aggregate Commission:** $6,497.45

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

| Name                             | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| CITICORP SECURITIES INC          | 008-32117         |    000015387 | 549300N0SOX9OZVKG341 | NY      | US        | $495,092.67               |
| WELLS FARGO SECURITIES, LLC      | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $396,959.34               |
| STATE STREET GLOBAL MARKETS, LLC | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $115,770,448.88           |
| TD SECURITIES (USA) LLC          | 008-36747         |    000018476 | SUVUFHICNZMP2WKHG940 | NY      | US        | $99,265.88                |
| J.P. MORGAN SECURITIES LLC       | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $8,339,468.35             |
| BARCLAYS CAPITAL INC.            | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $892,081.78               |
| MORGAN STANLEY & CO. LLC         | 008-15869         |    000008209 | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $594,950.83               |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $126,588,267.73

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

- **Item C.19.a - Fund's monthly average net assets:** $693,309,605.92

**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 Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Small Cap Index 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 Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus 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: 28 - THRIVENT INTERNATIONAL INDEX PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT INTERNATIONAL INDEX PORTFOLIO

- **b. Series identification number, if any:** S000068344

- **c. LEI:** 54930093O2M0NDDLJ146

- **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 A                 | C000218693                                | QTIIPX                       |

**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

- [ ] 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:** $526,244.76

- **g. Provide the net income from securities lending activities:** $3,991.45

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

Did the Fund rely on the following rules?

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

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

- Rule 12d1-1 (17 CFR 270.12d1-1)

- Rule 32a-4 (17 CFR 270.32a-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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** WI

- **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:** SS&C GIDS, 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:** 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: 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:** ICE Data Pricing & Reference Data, LLC

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

- **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:** SS&C GIDS, 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:** N/A

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

- **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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** 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:** $71.11

**Brokers Record: 2**

- **i. Full name of broker:** UBS SECURITIES LLC

- **ii. SEC file number:** 008-22651

- **iii. CRD number:** 000007654

- **iv. LEI, if any:** T6FIZBDPKLYJKFCRVK44

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $36.65

**Brokers Record: 3**

- **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:** $20.95

**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:** $5,061.71

**Brokers Record: 5**

- **i. Full name of broker:** BARCLAYS CAPITAL INC.

- **ii. SEC file number:** 008-41342

- **iii. CRD number:** 000019714

- **iv. LEI, if any:** AC28XWWI3WIBK2824319

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $0.77

**Brokers Record: 6**

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

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $2,361.69

**Aggregate Commission:** $7,552.88

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

| Name                             | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| GOLDMAN SACHS & CO. LLC          | 008-00129         |    000000361 | FOR8UP27PHTHYVLBNG30 | NY      | US        | $155,509.27               |
| MORGAN STANLEY & CO. LLC         | 008-15869         |    000008209 | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $5,807,322.91             |
| J.P. MORGAN SECURITIES LLC       | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $23,479,898.94            |
| WELLS FARGO SECURITIES, LLC      | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $496,520.84               |
| PIPER SANDLER & CO.              | 008-15204         |    000000665 | 549300GRQCWQ3XGH0H10 | MN      | US        | $199,006.47               |
| STATE STREET GLOBAL MARKETS, LLC | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $128,877,999.30           |
| TD SECURITIES (USA) LLC          | 008-36747         |    000018476 | SUVUFHICNZMP2WKHG940 | NY      | US        | $99,021.63                |
| BARCLAYS CAPITAL INC.            | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $1,106,889.43             |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $160,222,168.79

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

- **Item C.19.a - Fund's monthly average net assets:** $255,341,156.01

**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 Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |

- **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 Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Mid Cap Index 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: 29 - THRIVENT LARGE CAP INDEX PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT LARGE CAP INDEX PORTFOLIO

- **b. Series identification number, if any:** S000001430

- **c. LEI:** 549300QTCWOOCURAH339

- **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 A                 | C000003837                                | QTLCIX                       |

**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

- [ ] 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:** $759,347.35

- **g. Provide the net income from securities lending activities:** $2,326.22

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

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

- 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?** 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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** SS&C GIDS, 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:** WI

- **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:** 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: 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:** 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:** 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:** 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

- **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:** N/A

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

- **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:** SS&C GIDS, 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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** MORGAN STANLEY & CO. LLC

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $3,206.58

**Brokers Record: 2**

- **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:** $1,823.72

**Brokers Record: 3**

- **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:** $89.06

**Brokers Record: 4**

- **i. Full name of broker:** CITICORP SECURITIES INC

- **ii. SEC file number:** 008-32117

- **iii. CRD number:** 000015387

- **iv. LEI, if any:** 549300N0SOX9OZVKG341

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $1,909.18

**Brokers Record: 5**

- **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:** $127.50

**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:** $0.02

**Aggregate Commission:** $7,156.06

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

| Name                             | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| DEUTSCHE BANK SECURITIES INC.    | 008-17822         |    000002525 | 9J6MBOOO7BECTDTUZW19 | NY      | US        | $397,624.00               |
| STATE STREET GLOBAL MARKETS, LLC | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $227,237,490.27           |
| BMO CAPITAL MARKETS CORP.        | 008-34344         |    000016686 | RUC0QBLBRPRCU4W1NE59 | NY      | US        | $4,993,502.36             |
| CITICORP SECURITIES INC          | 008-32117         |    000015387 | 549300N0SOX9OZVKG341 | NY      | US        | $890,927.33               |
| ACADEMY SECURITIES, INC.         | 008-35173         |    000017433 | 2549000QX6RLQOZ2XC11 | NY      | US        | $594,953.00               |
| TD SECURITIES (USA) LLC          | 008-36747         |    000018476 | SUVUFHICNZMP2WKHG940 | NY      | US        | $794,666.41               |
| BARCLAYS CAPITAL INC.            | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $8,852,025.41             |
| J.P. MORGAN SECURITIES LLC       | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $99,055.86                |
| WELLS FARGO SECURITIES, LLC      | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $7,078,403.50             |
| CITIGROUP GLOBAL MARKETS INC.    | 008-08177         |    000007059 | MBNUM2BPBDO7JBLYG310 | NY      | US        | $10,116,424.27            |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $261,154,109.30

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

- **Item C.19.a - Fund's monthly average net assets:** $2,075,196,156.16

**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 Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Real Estate Securities 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 Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Small Cap Index Portfolio                                                            | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent ESG Index 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: 30 - THRIVENT SMALL CAP INDEX PORTFOLIO

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

- **a. Full Name of the Fund:** THRIVENT SMALL CAP INDEX PORTFOLIO

- **b. Series identification number, if any:** S000001446

- **c. LEI:** 5493009NHKTGPJ7NMP46

- **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 A                 | C000003853                                | QTSCIX                       |

**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

- [ ] 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:** $17,543,744.94

- **g. Provide the net income from securities lending activities:** $61,767.55

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

Did the Fund rely on the following rules?

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

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

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

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

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

**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 Financial for Lutherans

- **ii. SEC file number:** 801-60701

- **iii. CRD number:** 000115785

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

- **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:** SS&C GIDS, 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:** WI

- **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:** 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: 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:** 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:** 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

- **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:** N/A

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

- **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:** SS&C GIDS, 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 Financial For Lutherans

- **ii. LEI, if any, or other identifying number:** 549300NRF8VJL4TLMI28

- **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:** 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:** $6,005.84

**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:** $4,506.95

**Brokers Record: 3**

- **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:** $6,029.21

**Brokers Record: 4**

- **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:** $7,736.70

**Brokers Record: 5**

- **i. Full name of broker:** BMO CAPITAL MARKETS CORP.

- **ii. SEC file number:** 008-34344

- **iii. CRD number:** 000016686

- **iv. LEI, if any:** RUC0QBLBRPRCU4W1NE59

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $221.84

**Brokers Record: 6**

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

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

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

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

- **vii. Gross commissions paid by the Fund for the reporting period:** $12,445.98

**Brokers Record: 7**

- **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:** $174.00

**Aggregate Commission:** $37,120.52

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

| Name                             | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| LOOP CAPITAL MARKETS             | 008-50140         |    000043098 | 254900FPPM2WN90D4786 | IL      | US        | $890,146.00               |
| WELLS FARGO SECURITIES, LLC      | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $198,681.51               |
| BARCLAYS CAPITAL INC.            | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $2,282,925.83             |
| STATE STREET GLOBAL MARKETS, LLC | 008-69862         |    000285852 | 549300FDEDF5ORXCMQ56 | MA      | US        | $123,602,619.22           |
| CITIGROUP GLOBAL MARKETS INC.    | 008-08177         |    000007059 | MBNUM2BPBDO7JBLYG310 | NY      | US        | $1,699,399.33             |
| J.P. MORGAN SECURITIES LLC       | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $1,689,764.58             |
| MORGAN STANLEY & CO. LLC         | 008-15869         |    000008209 | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $298,021.33               |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $130,661,557.80

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

- **Item C.19.a - Fund's monthly average net assets:** $1,011,283,313.67

**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 Income Fund                                                                          | 811-05075         |
| Thrivent Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |

- **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 Aggressive Allocation Portfolio                                                      | 811-04603         |
| Thrivent High Income Municipal Bond Fund                                                      | 811-05075         |
| Thrivent Large Cap Value Fund                                                                 | 811-05075         |
| Thrivent Short-Term Bond Portfolio (f/k/a Thrivent Limited Maturity Bond Portfolio)           | 811-04603         |
| Thrivent Government Bond Fund                                                                 | 811-05075         |
| Thrivent Large Cap Index Portfolio                                                            | 811-04603         |
| Thrivent Large Cap Growth Fund                                                                | 811-05075         |
| Thrivent Healthcare Portfolio                                                                 | 811-04603         |
| Thrivent Multisector Bond Portfolio (f/k/a Thrivent Opportunity Income Plus Portfolio)        | 811-04603         |
| Thrivent Moderately Conservative Allocation Portfolio                                         | 811-04603         |
| Thrivent Mid Cap Index Portfolio                                                              | 811-04603         |
| Thrivent Income Portfolio                                                                     | 811-04603         |
| Thrivent Small Cap Stock Portfolio                                                            | 811-04603         |
| Thrivent International Index Portfolio                                                        | 811-04603         |
| Thrivent Conservative Allocation Portfolio (f/k/a Thrivent Diversified Income Plus Portfolio) | 811-04603         |
| Thrivent Moderately Aggressive Allocation Portfolio                                           | 811-04603         |
| Thrivent Mid Cap Stock Portfolio                                                              | 811-04603         |
| Thrivent Mid Cap Stock Fund                                                                   | 811-05075         |
| Thrivent International Equity Fund (f/k/a Thrivent International Allocation Fund)             | 811-05075         |
| Thrivent Global Stock Portfolio                                                               | 811-04603         |
| Thrivent Multisector Bond Fund (f/k/a Thrivent Opportunity Income Plus Fund)                  | 811-05075         |
| Thrivent Income Fund                                                                          | 811-05075         |
| Thrivent Moderately Conservative Allocation Fund                                              | 811-05075         |
| Thrivent Moderate Allocation Portfolio                                                        | 811-04603         |
| Thrivent Mid Cap Growth Portfolio                                                             | 811-04603         |
| Thrivent Moderate Allocation Fund                                                             | 811-05075         |
| Thrivent Global Stock Fund                                                                    | 811-05075         |
| Thrivent Small Cap Growth Fund                                                                | 811-05075         |
| Thrivent High Yield Portfolio                                                                 | 811-04603         |
| Thrivent Real Estate Securities Portfolio                                                     | 811-04603         |
| Thrivent Mid Cap Growth Fund                                                                  | 811-05075         |
| Thrivent Emerging Markets Equity Portfolio                                                    | 811-04603         |
| Thrivent International Equity Portfolio (f/k/a Thrivent International Allocation Portfolio)   | 811-04603         |
| Thrivent All Cap Portfolio                                                                    | 811-04603         |
| Thrivent Mid Cap Value Portfolio                                                              | 811-04603         |
| Thrivent Dynamic Allocation Fund (f/k/a Thrivent Balanced Income Plus Fund)                   | 811-05075         |
| Thrivent Moderately Aggressive Allocation Fund                                                | 811-05075         |
| Thrivent Small Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Dynamic Allocation Portfolio (f/k/a Thrivent Balanced Income Plus Portfolio)         | 811-04603         |
| Thrivent Large Cap Value Portfolio                                                            | 811-04603         |
| Thrivent High Yield Fund                                                                      | 811-05075         |
| Thrivent ESG Index Portfolio                                                                  | 811-04603         |
| Thrivent Aggressive Allocation Fund                                                           | 811-05075         |
| Thrivent Small Cap Stock Fund                                                                 | 811-05075         |
| Thrivent Large Cap Growth Portfolio                                                           | 811-04603         |
| Thrivent Short-Term Bond Fund (f/k/a Thrivent Limited Maturity Bond Fund)                     | 811-05075         |
| Thrivent Government Bond Portfolio                                                            | 811-04603         |
| Thrivent Conservative Allocation Fund (f/k/a Thrivent Diversified Income Fund)                | 811-05075         |
| Thrivent Municipal Bond Fund                                                                  | 811-05075         |

- **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 Series Fund Inc

**Date:** 2026-02-26

**Signature:** Sarah L. Bergstrom

**Title:** Treasurer and Principal Accounting Officer