Thrivent High Yield S (LBHIX)
Thrivent High Yield S operates in the Asset Management industry of the Financial Services sector, headquartered in Minneapolis, MN, US. The stock last traded at $16.61, down 0.18% on the session, giving a market capitalisation of $2.52B. Its beta of 0.61 implies it has historically moved less than the broad market.
Under typical market conditions, this fund commits a minimum of 80% of its total net assets (plus any capital acquired through borrowing for investment purposes) to debt securities and preferred stocks that offer substantial returns but carry a higher degree of risk. This extensive category includes various obligations such as bonds, notes, debentures, leveraged loans, mortgage-backed securities, convertible bonds, and even convertible stock. These kinds of investments are widely recognized in financial circles as "junk bonds."
Thrivent High Yield S is most often compared with the following Financial Services names: