Thrivent Core Plus Bond ETF (TCPB)

The Thrivent Core Plus Bond ETF (TCPB) is an actively managed fixed income exchange-traded fund from Thrivent Asset Management, the investment arm of the Minneapolis-based financial services organization Thrivent.

The fund follows a core-plus approach. Its foundation is a diversified portfolio of investment-grade bonds, including U.S. Treasury and agency securities, corporate bonds and mortgage- and asset-backed securities, and the managers may add smaller allocations to higher-yielding sectors such as high-yield corporate debt and emerging markets bonds to enhance income and return potential.

Its objective is to achieve total return, combining current income with capital appreciation, while maintaining a broadly diversified bond portfolio.