Minneapolis, Minnesota – The Thrivent Mid Cap Stock Fund reflected on a transformative fourth quarter of 2025, marking a period of notable performance and strategic adjustments. As the market showed signs of volatility, investors keenly observed how the fund navigated these changes, driven by a blend of opportunity and caution.

Throughout the latter part of the year, mid-cap stocks demonstrated resilience, buoyed by strong corporate earnings and economic recovery signals. This sector, often seen as a sweet spot between growth and stability, captured investor interest as larger-cap stocks faced increasing uncertainty. Managers of the Thrivent Mid Cap Stock Fund highlighted a well-diversified strategy focused on sectors poised for growth, particularly technology and health care, which have shown robust performance despite broader market fluctuations.

During this quarter, the fund’s investments in various growth-oriented companies, particularly those embracing innovative technologies, contributed significantly to its overall returns. The fund’s portfolio managers noted that companies adapting to the evolving economic landscape, including those involved in digital transformation and renewable energy, stand to benefit long-term. Their insight underscores a commitment to identifying firms that not only navigate current challenges but also position themselves for future growth.

Despite the favorable trends, the managers maintained a cautious outlook. They acknowledged the potential risks stemming from rising interest rates, global supply chain disruptions, and geopolitical tensions, which could further impact market dynamics. This awareness prompted the fund to maintain a balanced approach, aligning with their philosophy of sustainable investing while actively seeking new opportunities.

In addition to financial metrics, the fund’s emphasis on environmental, social, and governance (ESG) factors has become increasingly important. Investors are now more focused on how companies align with these values, and the fund has adjusted its strategy accordingly. This adaptation reflects a broader trend within the investment community, as adherence to ESG principles is seen not just as a moral obligation, but as a way to achieve sustainable long-term returns.

As the year concluded, the fund’s performance metrics compared favorably against its benchmark, driven by effective stock selection and a robust investment thesis. Fund managers are optimistic heading into 2026, advocating for continued vigilance and strategic positioning to harness the opportunities that may arise as the economic landscape evolves.

With the market’s unpredictable nature, the Thrivent Mid Cap Stock Fund aims to strike a balance between risk management and seizing growth, ensuring that its portfolio remains agile and responsive to changes. Both current and prospective investors are encouraged to monitor upcoming trends closely, particularly as economic indicators are released in the early months of the new year.

In summary, the Thrivent Mid Cap Stock Fund’s fourth-quarter commentary illustrates a blend of strategy, resilience, and a forward-looking perspective amid an evolving market environment. As 2026 approaches, the fund remains poised to adapt to ongoing challenges and capitalize on emerging opportunities within mid-cap investments.