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Launches

Thrivent Expands Fixed Income Offerings with Two New Bond ETFs

Thrivent launches TUSB and TCPB ETFs, offering actively managed short-duration and core bond exposure for income and diversification.

Rony Abboud
By Rony Abboud · February 24, 2025
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Thrivent Asset Management, a respected leader in fixed income investing, has launched two new actively managed bond ETFs: the Thrivent Ultra Short Bond ETF

and the Thrivent Core Plus Bond ETF
TCPB
+0.22%
. Debuting on February 19, 2025, these funds aim to provide investors with enhanced income opportunities and risk-managed fixed income exposure. With Thrivent’s deep expertise in government, corporate, and short-duration bond strategies, these ETFs bring a proven approach to fixed income investing in an accessible and cost-effective vehicle.

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How These ETFs Work

Each ETF is designed to serve a different role within a fixed income portfolio:

  • Thrivent Ultra Short Bond ETF
    TUSB
    : This ETF focuses on short-duration bonds, providing investors with a low-volatility fixed income solution while offering higher yields than traditional cash-equivalent instruments. It invests in a diversified mix of government, corporate, and securitized bonds, aiming to enhance liquidity while maintaining capital preservation.
  • Thrivent Core Plus Bond ETF
    TCPB
    +0.22%
    : A broader fixed income solution, TCPB seeks total return through a diversified portfolio of investment-grade government and corporate bonds, as well as high-yield and securitized assets. This active approach allows flexibility in navigating interest rate cycles and credit markets, making it a strong core fixed income holding.

Both ETFs leverage Thrivent’s decades of expertise in fixed income investing, actively managing duration, credit exposure, and sector allocation to capture income and capital appreciation opportunities.

Why Investors Should Consider These ETFs

Fixed income remains an essential component of a well-balanced portfolio, and Thrivent’s new bond ETFs offer compelling benefits:

  1. Enhanced Yield Potential – TUSB provides an alternative to money market funds, while TCPB offers exposure to higher-yielding segments of the bond market.
  2. Active Management Expertise – Thrivent actively navigates interest rate shifts and credit cycles to optimize returns.
  3. Diversification & Risk Management – These ETFs offer broadly diversified fixed income exposure across government, corporate, and securitized bonds, helping reduce portfolio risk.

Michael Kremenak, President of Thrivent Funds, emphasized the firm’s strengths in fixed income investing:

"Thrivent has deep expertise in the fixed income space – notably in managing government, corporate, and short-duration bond strategies – along with a track record of strong performance relative to others in the industry," said Kremenak. "These new ETFs will help deliver value to our clients as they consider diversifying their portfolios."

About the Issuer

Thrivent Asset Management, part of Thrivent, is a highly regarded investment firm with a strong track record in actively managed mutual funds and ETFs. The firm applies institutional-quality research and risk management to its investment strategies, helping clients navigate evolving market conditions.

With the launch of TUSB and TCPB, Thrivent expands its lineup of actively managed fixed income solutions, offering investors access to high-quality bond portfolios designed to deliver income and stability in today’s complex market environment.

For more information, visit the Thrivent ETFs website.

Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision. 

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