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Thrivent honored with two Refinitiv Lipper Fund Awards in 2021


Thrivent, a Fortune 500 diversified financial services organization, today announced its Mid Cap Stock Fund – Class S (TMSIX) has been honored with two Refinitiv Lipper Fund Awards in 2021. Thrivent Asset Management, LLC is the investment adviser to the fund. 
Thrivent Mid Cap Stock Fund was recognized in the Mid-Cap Core Funds category for its consistently strong risk-adjusted performance in the five and 10-year performance periods which ended Nov. 30, 2020. To determine this year’s winners, Refinitiv considered 245 funds in the five-year performance period and 170 funds in the 10-year period. With these two awards, Thrivent Mid Cap Stock Fund has earned a total of nine Lipper Fund Awards since 2017. Thrivent’s asset management team has received a total of 27 Lipper Fund Awards since 2008.  ....

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Wealth Gap Widens: COVID-19 Has Exacerbated Economic Inequality in the U.S., According to New TIAA Survey


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NEW YORK, April 15, 2021 /PRNewswire/  More than half of U.S. adults consider their household finances to have changed significantly due to the COVID-19 pandemic, according to a new survey by TIAA. Nearly one third of all Americans (29%) say they are worse off and approximately one quarter (24%) report that they are better off financially.
Notably, 37% of households making less than $50,000 per year describe themselves as worse off because of the pandemic. In stark contrast, only 15% of households making more than $100,000 a year describe themselves as worse off.
Survey suggests the pandemic s deceleration holds different promises for those who consider themselves better or worse off ....

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