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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 3/28/24 Thrivent Series Fund Inc. N-14 10:1.8M Donnelley … Solutions/FA → Thrivent Multidimensional Income Portfolio ⇒ Class A → Thrivent Opportunity Income Plus Portfolio ⇒ Class A |
Document/Exhibit Description Pages Size 1: N-14 Thrivent Series Fund HTML 881K 4: EX-99.11 Opinion and Consent of Counsel HTML 8K 5: EX-99.13(2) Expense Reimbursement Letter Agreement Effective HTML 9K January 1, 2024 8: EX-99.13(20) Amendment No. 13 to Administrative Services HTML 8K Agreement 6: EX-99.13(3) Expense Reimbursement Letter Agreement Effective HTML 13K April 30, 2024 7: EX-99.13(5) Amendment No. 1 to Participation Agreement HTML 10K 9: EX-99.14 Consent of Independent Registered Public HTML 7K Accounting Firm 10: EX-99.17 Forms of Proxy Card HTML 14K 2: EX-99.4 Form of Agreement and Plan of Reorganization HTML 93K 3: EX-99.6(24) Amendment No. 23 to Investment Advisory Agreement HTML 65K
Thrivent Series Fund |
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 |
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Pre-Effective Amendment No. ___ |
☐ |
Post-Effective Amendment No. ___ |
☐ |
(Check appropriate box or boxes) |
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President |
Your vote is important. No matter how many shares you own and regardless of whether you
plan to attend the Meeting, please promptly return
your proxy card or voting instruction card, or
record your voting instructions by Internet or phone, to avoid the additional expense of further solicitation. |
Secretary and Chief Legal Officer |
Thrivent Series Fund, Inc. |
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Investment Objective |
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Target Portfolio |
Acquiring Portfolio |
The Portfolio seeks a high level of current income and, secondarily, growth of capital. The Portfolio's investment objectives may be changed without shareholder approval. |
The Portfolio seeks a combination of current income and long-term capital appreciation. |
Principal Strategies |
|
Target Portfolio |
Acquiring Portfolio |
The Portfolio seeks to achieve its investment objectives by allocating assets across multiple income and growth producing asset classes and |
Under normal circumstances, the Portfolio primarily invests in a broad range of debt securities. |
Principal Strategies |
|
Target Portfolio |
Acquiring Portfolio |
strategies. Debt securities in which the Portfolio invests include high yield, high risk bonds, notes, debentures and other debt obligations commonly known as “junk bonds.” At the time of purchase, these high-yield securities are rated below BBB- by S&P, or Baa3 by Moody's, or unrated but considered to be of comparable quality by the Adviser. The Portfolio will also implement its investment strategy
by investing in convertible bonds and U.S. dollar denominated emerging markets sovereign debt. The Portfolio also plans to invest in
income-producing equity securities
such as preferred stock, shares of
closed-end funds (“CEFs”), and
exchange-traded funds (“ETFs”).
CEFs and ETFs are investment
companies that trade on a stock
exchange and may trade at a
premium or a discount to their net
asset value. The Portfolio may also
pursue its investment strategy by
investing in other mutual funds
including funds managed by the
Adviser or an affiliate and unaffiliated funds. The Portfolio may invest in other
securities such as investment-grade
corporate bonds, asset-backed
securities, and mortgage-backed
securities. The Portfolio utilizes
derivatives primarily in the form of |
The debt securities in which the Portfolio invests may be of any maturity or credit quality, including high yield, high risk bonds, notes, debentures and other debt obligations commonly known as “junk bonds.” At the time of purchase, these high-yield securities are rated below BBB- by S&P, or Baa3 by Moody's, or unrated but considered to be of comparable quality by the Adviser. The Portfolio may
also invest in investment-grade corporate bonds, asset-backed securities, mortgage-backed securities (including commercially backed ones), sovereign and emerging market debt (both U.S. dollar and non-U.S. dollar denominated), preferred stock, and other types of securities. The Portfolio utilizes derivatives
primarily in the form of U.S. Treasury
futures contracts in order to manage
the Portfolio’s duration, or interest rate
risk. The Portfolio may enter into
derivatives contracts traded on
exchanges or in the over the counter market. The Portfolio may invest in foreign
securities, including those of issuers
in emerging markets. An “emerging
market” country is any country
determined by the Adviser to have an
emerging market economy,
considering factors such as the |
Principal Strategies |
|
Target Portfolio |
Acquiring Portfolio |
U.S. Treasury futures contracts in order to manage the Portfolio’s duration, or interest rate risk. The Portfolio may enter into derivatives contracts traded on exchanges or in the over the counter market. The Adviser uses fundamental and
other investment research techniques
to determine what to buy and sell.
Fundamental techniques assess a
security’s value based on an issuer’s
financial profile, management, and
business prospects. |
country’s credit rating, its political and economic stability and the development of its financial and capital markets. The Portfolio may also pursue its
investment strategy by investing in
mutual funds managed by the Adviser or an affiliate. The Adviser uses fundamental and
other investment research techniques
to determine what to buy and sell.
Fundamental techniques assess a
security’s value based on an issuer’s
financial profile, management, and
business prospects. |
Risk |
Target Portfolio |
Acquiring Portfolio |
Allocation Risk |
|
X |
Closed-End Fund Risk |
X |
|
Conflicts of Interest Risk |
X |
X |
Convertible Securities Risk |
X |
|
Credit Risk |
X |
X |
Derivatives Risk |
X |
X |
Emerging Markets Risk |
X |
X |
ETF Risk |
X |
|
Foreign Securities Risk |
X |
X |
Government Securities Risk |
X |
|
High Yield Risk |
X |
X |
Interest Rate Risk |
X |
X |
Investment Adviser Risk |
X |
X |
Issuer Risk |
X |
X |
Liquidity Risk |
X |
X |
Market Risk |
X |
X |
Mortgage-Backed and Other Asset-Backed Securities Risk |
X |
X |
Other Funds Risk |
X |
X |
Preferred Securities Risk |
X |
|
Prepayment Risk |
|
X |
Sovereign Debt Risk |
X |
X |
Shareholder Fees (fees directly paid from your investment) | |||
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Actual |
Pro Forma | |
|
Target Portfolio |
Acquiring Portfolio |
Acquiring Portfolio
(assuming merger with
Target Portfolio) |
Maximum Sales Charge (load) Imposed on Purchases (as a % of offering price) |
N/A |
N/A |
N/A |
Maximum Deferred Sales Charge (load) (as a % of the net asset value) |
N/A |
N/A |
N/A |
Annual Portfolio Operating Expenses (expenses that you pay each year
as a percentage of the value of your investment) | |||
|
Actual |
Pro Forma | |
|
Target Portfolio |
Acquiring Portfolio |
Acquiring Portfolio
(assuming merger with
Target Portfolio) |
Management Fees |
0.55% |
0.50% |
0.50% |
Other Expenses |
0.38% |
0.17% |
0.13% |
Acquired Fund Fees and Expenses |
0.19% |
0.03% |
0.03% |
Total Annual Portfolio Operating Expenses |
1.12% |
0.70% |
0.66% |
Less Fee Waivers and/or Expense Reimbursements(1) |
0.14% |
None |
None |
Total Annual Portfolio Operating Expenses After Fee Waivers and/or Expense Reimbursements |
0.98% |
0.70% |
0.66% |
|
Actual |
Pro Forma | |
|
Target Portfolio |
Acquiring Portfolio |
Acquiring Portfolio
(assuming merger with the
Target Portfolio) |
One Year |
$100 |
$72 |
$67 |
Three Years |
$342 |
$224 |
$211 |
Five Years |
$603 |
$390 |
$368 |
Ten Years |
$1,351 |
$871 |
$822 |
|
Actual |
Pro Forma | |
|
Target Portfolio |
Acquiring Portfolio |
Acquiring Portfolio
(assuming merger with the
Target Portfolio) |
Net Assets |
$47,032,214 |
$161,254,095 |
$208,286,309 |
Net Asset Value Per Share |
$9.51 |
$8.89 |
$8.89 |
Shares Outstanding |
4,946,593 |
18,142,420 |
23,433,955 |
|
Target Portfolio | ||
|
1 Year |
5 Years |
Since Inception
4/28/2017 |
Portfolio (before taxes) |
8.37% |
3.88% |
2.58% |
Bloomberg U.S. Corporate High Yield Bond Index (reflects no deduction for fees, expenses or taxes) |
13.45% |
5.37% |
4.20% |
Bloomberg Emerging Markets USD Sovereign Index (reflects no deduction for fees, expenses or taxes) |
10.96% |
1.30% |
0.86% |
S&P U.S. Preferred Stock Total Return Index (reflects no deduction for fees, expenses or taxes) |
12.02% |
4.23% |
2.85% |
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Acquiring Portfolio | ||
|
1 Year |
5 Years |
10 Years |
Portfolio (before taxes) |
8.94% |
2.37% |
2.51% |
Bloomberg U.S. Mortgage-Backed Securities Index (reflects no deduction for fees, expenses or taxes) |
5.05% |
0.25% |
1.38% |
Bloomberg U.S. High Yield Ba/B 2% Issuer Capped Index (reflects no deduction for fees, expenses or taxes) |
12.56% |
5.49% |
4.64% |
Shareholder |
Shares Outstanding |
Approximate Percentage of Ownership |
Thrivent Financial for Lutherans |
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Shareholder |
Shares Outstanding |
Approximate Percentage of Ownership |
Thrivent Financial for Lutherans |
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Page |
Proposed Reorganization |
3 |
Additional Information About the Portfolios |
3 |
Supplemental Financial Information |
3 |
Appendix A – Schedule of Surrender Charges |
4 |
Contract Year: |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
Surrender Charge: |
7% |
7% |
6% |
5% |
4% |
3% |
2% |
Contract Year: |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
Surrender Charge: |
7% |
6% |
5% |
4% |
3% |
2% |
1% |
Contract Year: |
1 |
2 |
3 |
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Surrender Charge: |
2% |
1% |
1% |
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Contract Year: |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
Surrender Charge: |
7% |
6% |
5% |
4% |
3% |
2% |
1% |
Contract Year: |
1 |
2 |
3 |
4 |
5 |
6 |
|
Surrender Charge: |
6% |
5% |
4% |
3% |
2% |
1% |
|
Contract Year: |
1 |
2 |
3 |
4 |
5 |
6 |
|
Surrender Charge: |
6% |
5% |
4% |
3% |
2% |
1% |
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1.1 |
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1.2 |
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1.3 |
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1.4 |
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1.5 |
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2 |
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3 |
Not Applicable. |
4 |
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5 |
Not Applicable. |
6.19 |
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6.20 |
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6.21 |
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6.22 |
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6.23 |
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6.24 |
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7.1 |
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7.2 |
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7.3 |
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7.4 |
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7.5 |
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8 |
Not Applicable. |
9.1 |
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9.2 |
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9.3 |
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9.4 |
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10 |
Not Applicable. |
11 |
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12 |
Opinion of counsel as to tax matters and consequences to shareholders, to be filed by a post-effective
amendment. |
13.1 |
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13.2 |
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13.3 |
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13.4 |
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13.5 |
13.6 |
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13.7 |
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13.8 |
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13.9 |
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13.10 |
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13.11 |
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13.12 |
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13.13 |
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13.14 |
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13.15 |
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13.16 |
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13.17 |
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13.18 |
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13.19 |
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13.20 |
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13.21 |
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13.22 |
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13.23 |
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13.24 |
13.25 |
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13.26 |
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13.27 |
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13.28 |
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13.29 |
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13.30 |
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13.31 |
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13.32 |
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13.33 |
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13.34 |
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14 |
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15 |
Not Applicable. |
16 |
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17 |
Thrivent Series Fund, Inc. |
/s/ John D. Jackson |
Secretary and
Chief Legal Officer |
Signature |
Title |
| |
Director and President (Principal Executive Officer) | |
| |
Treasurer (Principal Financial and Accounting Officer) | |
* |
|
Janice B. Case |
Director |
* |
|
Robert J. Chersi |
Director |
* |
|
Arleas Upton Kea |
Director |
* |
|
Paul R. Laubscher |
Director |
* |
|
Robert J. Manilla |
Director |
* |
|
James A. Nussle |
Director |
* |
|
David S. Royal |
Director |
* |
|
James W. Runcie |
Director |
* |
|
Constance L. Souders |
Director |
Dated: March 28, 2024 |
/s/ John D. Jackson |
|
Attorney-in-Fact |
This ‘N-14’ Filing | Date | Other Filings | ||
---|---|---|---|---|
5/31/25 | ||||
12/31/24 | ||||
6/27/24 | ||||
5/3/24 | ||||
4/30/24 | ||||
Filed on: | 3/28/24 | N-14 | ||
2/29/24 | 497, 497K, N-MFP2 | |||
2/28/24 | 497, 497K | |||
1/1/24 | ||||
12/31/23 | 24F-2NT, N-CEN, N-CSR, N-MFP2 | |||
10/1/23 | ||||
6/30/20 | N-CSRS, N-MFP2, N-PX, NPORT-P | |||
3/31/20 | N-MFP2, NPORT-P, NPORT-P/A | |||
4/28/17 | 485BPOS, N-MFP2 | |||
List all Filings |
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 4/29/24 Thrivent Series Fund Inc. 485BPOS 4/30/24 47:28M Donnelley … Solutions/FA |