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Thrivent Mid Cap Stock Fund Q1 2026 Commentary
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Thrivent Mid Cap Stock Fund Q1 2026 Commentary

Seeking Alpha·Thrivent Asset Management·26 days ago
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Home Latest Articles Summary Thrivent Mid Cap Stock Fund underperformed the Russell Mid Cap Index over the three- and 12-month periods ending March 31, 2026. Within the energy sector, Devon Energy provided significant relative performance as most energy stocks soared in price after the war in Iran began. Quanta Services and EMCOR provided relative outperformance due to their leading capabilities in power generation and transmission and in mechanical and electrical construction to support artificial intelligence data center growth. Materials company Steel Dynamics benefited from rising steel prices and ramping a new aluminum plant into an undersupplied market. With the uncertain outcome to so many factors, Thrivent Mid Cap Stock Fund is not extending risks, though the fund is constantly searching for opportunities with attractive valuations.…

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