# EDGAR Filing Document

**Accession Number:** 0000811869
**File Stem:** 0000811869-25-000137
**Filing Date:** 2025-9
**Character Count:** 29248
**Document Hash:** 668247882d959dc33dc9d9f40341efd0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000811869-25-000137.hdr.sgml**: 20250925

**ACCESSION NUMBER**: 0000811869-25-000137

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250925

**DATE AS OF CHANGE**: 20250925

**PERIOD START**: 20251031

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05075
- **FILM NUMBER:** 251342709

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

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

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

## Series and Classes Contracts Data

### Thrivent Small Cap Growth Fund (Series ID: S000061362)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000198646 | Class S      | TSCGX           |

## Nport-Ex

<!-- Failed to render or process positioned HTML file '0000811869-25-000137.txt': Page.pdf: Protocol error (Page.printToPDF): Printing failed -->

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Minneapolis

  - **State:** MN

  - **Foreign country:** US

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

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

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

- **a. Name of Series:** THRIVENT SMALL CAP GROWTH FUND

- **b. EDGAR series identifier (if any):** S000061362

- **c. LEI of Series:** 5493006C83RSFIDE7518

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $197831888.19

**Total Liabilities:** $632977.94

**Net Assets:** $197198910.25

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000198646 | 4.76%                | 3.13%                | 2.80%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1114150.50              | $7367154.19                                |
| Month 2  | $2116104.45              | $3678411.86                                |
| Month 3  | $-1484924.89             | $7047746.87                                |

### Schedule of Portfolio Investments

| Name                              | Title                                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| FEDERAL SIGNAL CORP               | Federal Signal Corporation                                   | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |     42784 | NS      | $5415170.88   | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| COLLIERS INTL GROUP INC           | Colliers International Group, Inc.                           | CUSIP: 194693107<br>LEI: D3O8K13PHLEXXD1DT480 | Long             | EC               | CORP              | CA        |     18134 | NS      | $2732975.14   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| WEAVE COMMUNICATIONS INC          | Weave Communications, Inc.                                   | CUSIP: 94724R108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    236254 | NS      | $1724654.20   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| CARGURUS INC                      | CarGurus, Inc.                                               | CUSIP: 141788109<br>LEI: 54930027BKQN6B7X7G78 | Long             | EC               | CORP              | US        |     73368 | NS      | $2407937.76   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| GITLAB INC                        | Gitlab, Inc.                                                 | CUSIP: 37637K108<br>LEI: 9845004Y40FACG81ED49 | Long             | EC               | CORP              | US        |     88542 | NS      | $3879025.02   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| MURPHY USA INC                    | Murphy USA, Inc.                                             | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |      3987 | NS      | $1445207.76   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| CHAMPION HOMES INC                | Champion Homes, Inc.                                         | CUSIP: 830830105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21179 | NS      | $1289801.10   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| CASELLA WASTE SYS INC             | Casella Waste Systems, Inc.                                  | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |     25431 | NS      | $2765112.63   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| PENUMBRA INC                      | Penumbra, Inc.                                               | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Long             | EC               | CORP              | US        |     14229 | NS      | $3589549.83   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAND CANYON ED INC               | Grand Canyon Education, Inc.                                 | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |      8046 | NS      | $1356796.98   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERPAC TOOL GROUP CORP           | Enerpac Tool Group Corporation                               | CUSIP: 292765104<br>LEI: IZW37BPZKUJE1QXGB081 | Long             | EC               | CORP              | US        |     74698 | NS      | $2876619.98   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| CECO ENVIRONMENTAL CORP           | CECO Environmental Corporation                               | CUSIP: 125141101<br>LEI: 5493002CZCTL4HGLIY91 | Long             | EC               | CORP              | US        |     76318 | NS      | $3430494.10   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLIUM SE                    | Constellium SE                                               | CUSIP: F21107101<br>LEI: 724500KRJEMC79KAAU28 | Long             | EC               | CORP              | FR        |    114518 | NS      | $1570041.78   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| GLACIER BANCORP INC NEW           | Glacier Bancorp, Inc.                                        | CUSIP: 37637Q105<br>LEI: 549300SMJAUKZB5D7V74 | Long             | EC               | CORP              | US        |     52130 | NS      | $2284857.90   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERBRAND INC                   | Masterbrand, Inc.                                            | CUSIP: 57638P104<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | EC               | CORP              | US        |    196042 | NS      | $2162343.26   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| WNS HOLDINGS LIMITED              | WNS Holdings, Ltd.                                           | CUSIP: G98196101<br>LEI: 529900RM7QHUD3W9DM42 | Long             | EC               | CORP              | JE        |     77481 | NS      | $5794803.99   | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| EXLSERVICE HLDGS INC              | ExlService Holdings, Inc.                                    | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |     46456 | NS      | $2017584.08   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKLINE INC                     | BlackLine, Inc.                                              | CUSIP: 09239B109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37529 | NS      | $2018309.62   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| WYNDHAM HOTELS & RESORTS INC      | Wyndham Hotels & Resorts, Inc.                               | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |     37017 | NS      | $3183462.00   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| MERIT MED SYS INC                 | Merit Medical Systems, Inc.                                  | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |     30740 | NS      | $2608596.40   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL STORAGE AFFILIATES TR    | National Storage Affiliates Trust                            | CUSIP: 637870106<br>LEI: 529900FS06O8GOYNR108 | Long             | EC               | CORP              | US        |     61121 | NS      | $1800624.66   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| GATES INDL CORP PLC               | Gates Industrial Corporation plc                             | CUSIP: G39108108<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | GB        |    172987 | NS      | $4290077.60   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| VERICEL CORP                      | Vericel Corporation                                          | CUSIP: 92346J108<br>LEI: 54930076YM3PLTDR4B91 | Long             | EC               | CORP              | US        |     74440 | NS      | $2600933.60   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC BEARINGS INC                  | RBC Bearings, Inc.                                           | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10996 | NS      | $4259190.64   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| TERRENO RLTY CORP                 | Terreno Realty Corporation                                   | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24744 | NS      | $1373044.56   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| RLI CORP                          | RLI Corporation                                              | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Long             | EC               | CORP              | US        |     30935 | NS      | $2041400.65   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| HOULIHAN LOKEY INC                | Houlihan Lokey, Inc.                                         | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |     16435 | NS      | $3133497.10   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOT BARN HLDGS INC               | Boot Barn Holdings, Inc.                                     | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |     15267 | NS      | $2624397.30   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX TECHNOLOGIES INC              | BWX Technologies, Inc.                                       | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |     25972 | NS      | $3945925.96   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BARRETT BUSINESS SVCS INC         | Barrett Business Services, Inc.                              | CUSIP: 068463108<br>LEI: 529900HXB6TMG0SR9Y34 | Long             | EC               | CORP              | US        |     31989 | NS      | $1470534.33   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| J & J SNACK FOODS CORP            | J & J Snack Foods Corporation                                | CUSIP: 466032109<br>LEI: 894500IGP1Y2ZQFQMJ83 | Long             | EC               | CORP              | US        |     26754 | NS      | $3020259.06   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| TRIUMPH BANCORP INC               | Triumph Financial, Inc.                                      | CUSIP: 89679E300<br>LEI: 5493003RNRMEVYDZ1Q52 | Long             | EC               | CORP              | US        |     58932 | NS      | $3342623.04   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| MUELLER WTR PRODS INC             | Mueller Water Products, Inc.                                 | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |     82561 | NS      | $2044210.36   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| LIMBACH HLDGS INC                 | Limbach Holdings, Inc.                                       | CUSIP: 53263P105<br>LEI: 254900EW8KXT5ZTWQI30 | Long             | EC               | CORP              | US        |     17616 | NS      | $2413392.00   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CYBERARK SOFTWARE LTD             | CyberArk Software, Ltd.                                      | CUSIP: M2682V108<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               | CORP              | IL        |     10407 | NS      | $4282168.29   | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| STERLING INFRASTRUCTURE INC       | Sterling Construction Company, Inc.                          | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |      9491 | NS      | $2539696.69   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| STEVANATO GROUP S P A             | Stevanato Group SPA                                          | CUSIP: T9224W109<br>LEI: 81560033F7E1CD477507 | Long             | EC               | CORP              | IT        |     61680 | NS      | $1524112.80   | 0.77%             |  |  |  | No            |                  1 | On Loan: —       |
| OLD NATL BANCORP IND              | Old National Bancorp                                         | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |    103530 | NS      | $2185518.30   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Institutional US     | State Street Institutional U.S. Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |   6881741 | NS      | $6881740.56   | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| HEALTHEQUITY INC                  | HealthEquity, Inc.                                           | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |     31271 | NS      | $3033287.00   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Spdr Series Tr                    | SPDR S&P Biotech ETF                                         | CUSIP: 78464A870<br>LEI: 549300Y3ODFMPD5XXL58 | Long             |  | RF                | US        |     18877 | NS      | $1617003.82   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| VITA COCO CO INC                  | Vita Coco Company, Inc.                                      | CUSIP: 92846Q107<br>LEI: 54930020WXOAWHR85Y25 | Long             | EC               | CORP              | US        |     60646 | NS      | $2138377.96   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ATMUS FILTRATION TECHNOLOGIES INC | Atmus Filtration Technologies, Inc.                          | CUSIP: 04956D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     65723 | NS      | $2557281.93   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEMAIN HLDGS INC                 | OneMain Holdings, Inc.                                       | CUSIP: 68268W103<br>LEI: 549300E3VEW8SMS5XW09 | Long             | EC               | CORP              | US        |     21490 | NS      | $1241907.10   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| GUIDEWIRE SOFTWARE INC            | Guidewire Software, Inc.                                     | CUSIP: 40171V100<br>LEI: 549300WXSG0J8IXZCK32 | Long             | EC               | CORP              | US        |     19786 | NS      | $4475988.92   | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| TWIST BIOSCIENCE CORP             | Twist Bioscience Corporation                                 | CUSIP: 90184D100<br>LEI: 549300T23BL59LCOH584 | Long             | EC               | CORP              | US        |     56800 | NS      | $1906776.00   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Thrivent Mutual Funds             | Thrivent Cash Management Trust                               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |   1450950 | NS      | $1450950.00   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| CONCENTRA GROUP HLDGS PARENT INC  | Concentra Group Holdings Parent, Inc.                        | CUSIP: 20603L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    107757 | NS      | $2151907.29   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ONTO INNOVATION INC               | Onto Innovation, Inc.                                        | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |     24999 | NS      | $2368655.25   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| GULFPORT ENERGY CORP              | Gulfport Energy Corporation                                  | CUSIP: 402635502<br>LEI: 254900DJRGZBUZ3F5038 | Long             | EC               | CORP              | US        |      8355 | NS      | $1454856.15   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| OLIN CORP                         | Olin Corporation                                             | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |     66899 | NS      | $1267067.06   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ADMA BIOLOGICS INC                | ADMA Biologics, Inc.                                         | CUSIP: 000899104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    125396 | NS      | $2344905.20   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SCPHARMACEUTICALS INC             | scPharmaceuticals, Inc.                                      | CUSIP: 810648105<br>LEI: 549300F55SN4ZR2OA180 | Long             | EC               | CORP              | US        |    191777 | NS      | $974227.16    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ENCOMPASS HEALTH CORP             | Encompass Health Corporation                                 | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |     22029 | NS      | $2425613.19   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AGILYSYS INC                      | Agilysys, Inc.                                               | CUSIP: 00847J105<br>LEI: 5299001XWB5V3B5IPN93 | Long             | EC               | CORP              | US        |     34344 | NS      | $3917963.52   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM TECHNOLOGIES INC              | TTM Technologies, Inc.                                       | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |     42158 | NS      | $1991965.50   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| I3 VERTICALS INC                  | I3 Verticals, Inc.                                           | CUSIP: 46571Y107<br>LEI: 549300944CYWVP06CJ97 | Long             | EC               | CORP              | US        |     80668 | NS      | $2257090.64   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| SILICON LABORATORIES INC          | Silicon Laboratories, Inc.                                   | CUSIP: 826919102<br>LEI: 4PRDF8Q9TDHRVZKZSZ47 | Long             | EC               | CORP              | US        |     12378 | NS      | $1631049.06   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| WINGSTOP INC                      | Wingstop, Inc.                                               | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |      6925 | NS      | $2613079.50   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ENPRO INC                         | EnPro, Inc.                                                  | CUSIP: 29355X107<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | EC               | CORP              | US        |     21985 | NS      | $4669833.85   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| BJS WHSL CLUB HLDGS INC           | BJ's Wholesale Club Holdings, Inc.                           | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |     23179 | NS      | $2454656.10   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| MOOG INC                          | Moog, Inc.                                                   | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |     15790 | NS      | $3056628.20   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| IMPINJ INC                        | Impinj, Inc.                                                 | CUSIP: 453204109<br>LEI: 549300M26VGKSMMWWN17 | Long             | EC               | CORP              | US        |     16009 | NS      | $2474671.22   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| INSPIRE MED SYS INC               | Inspire Medical Systems, Inc.                                | CUSIP: 457730109<br>LEI: 549300XQQCQ7HCJKTW25 | Long             | EC               | CORP              | US        |     22289 | NS      | $2775872.06   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| CORVEL CORP                       | CorVel Corporation                                           | CUSIP: 221006109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30756 | NS      | $2724981.60   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| FABRINET                          | Fabrinet                                                     | CUSIP: G3323L100<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | KY        |      7298 | NS      | $2362581.54   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MODINE MFG CO                     | Modine Manufacturing Company                                 | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |     34460 | NS      | $4636937.60   | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| BEL FUSE INC                      | Bel Fuse, Inc.                                               | CUSIP: 077347300<br>LEI: 2549009L4XYDBRRY6X39 | Long             | EC               | CORP              | US        |     15181 | NS      | $1974137.24   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PEGASYSTEMS INC                   | Pegasystems, Inc.                                            | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Long             | EC               | CORP              | US        |     67497 | NS      | $3962748.87   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JFROG LTD                         | JFrog, Ltd.                                                  | CUSIP: M6191J100<br>LEI: 2549002N8E00AY49G567 | Long             | EC               | CORP              | IL        |     77248 | NS      | $3353335.68   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| BUILD-A-BEAR WORKSHOP INC         | Build-A-Bear Workshop, Inc.                                  | CUSIP: 120076104<br>LEI: 529900S9MWZC1UBF3D13 | Long             | EC               | CORP              | US        |     27958 | NS      | $1417750.18   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Tr                        | iShares Russell 2000 Growth ETF                              | CUSIP: 464287648<br>LEI: 549300CPJOUVKWJGSH44 | Long             |  | RF                | US        |      6781 | NS      | $1967507.15   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| DESCARTES SYS GROUP INC           | Descartes Systems Group, Inc.                                | CUSIP: 249906108<br>LEI: 875500NEPA7JI5EOMN45 | Long             | EC               | CORP              | CA        |     28365 | NS      | $2999882.40   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| INSTALLED BLDG PRODS INC          | Installed Building Products, Inc.                            | CUSIP: 45780R101<br>LEI: 549300I95Y9P9YM5FI86 | Long             | EC               | CORP              | US        |     20621 | NS      | $4171422.09   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Thrivent Mutual Funds

**Signature:** Sarah L. Bergstrom

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

**Title:** Treasurer and Principal Accounting Officer