See what your fund actually adds
Thrivent High Yield Municipal Bond Fund Class S THMBX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | THMBX | Replication |
|---|---|---|
| Annualized growth | -0.5% | -0.3% |
| Annualized volatility | 7.0% | 5.2% |
| Sharpe ratio | -0.04 | -0.03 |
| Maximum drawdown | 20.3% | 13.3% |
| Replication fit (R²) | 0.87 · Tracking error 2.5% | |
Replication portfolio
The published portfolio below is the investable basket used to model THMBX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| MUB | FI · Municipal | 91.0% |
| VCLT | FI · Long Corp | 9.0% |