A Mutual Fund for Today's Retirement Needs; Thrivent Diversified Income Plus Fund Aims to Protect against Inflation While Providing Steady Income.

MINNEAPOLIS -- It's a known fact that today's retirees and baby boomers have the very real problem of potentially outliving their retirement savings.

To match their needs for longer-term funding, Thrivent Investment Management has launched the Thrivent Diversified Income Plus Fund, which seeks to provide stability of income plus the potential for market growth to make investors' money last longer.

It incorporates all of the most important income-producing asset classes in one investment option including high yield bonds, dividend-paying stocks, real estate investment trust equities and investment-grade bonds. Management of the fund is led by Mark Simenstad, head of fixed-income mutual funds for Thrivent Investment Management. The fund employs an active management approach, which means the asset classes that make up the fund are continually evaluated to determine whether they still are appropriate based on the current market outlook.

"The fund is a simple solution, but backed by a sophisticated approach. It's actively monitored and adjusted as needed based on changing market conditions to optimize the opportunity for growth," said Russell Swansen, senior vice president and chief investment officer.

The Thrivent Diversified Income Plus Fund is designed to help investors achieve three primary goals. The first is to generate income by complementing one's current retirement plan with the goal of providing a dependable and steady income stream that keeps pace with inflation. Second, the fund aims to preserve capital by helping to mitigate risk and reduce volatility through portfolio diversification and periodic reallocation. The third goal is to grow principal by using active management of an optimal mix of asset classes - including exposure to equities, which helps protect against inflation.

"The realities of today's retirement - longer life spans, higher medical costs, increasing inflation - necessitate that assets continue to grow during retirement. The fund has been designed to help maximize growth and minimize risk as investors continue to accumulate wealth in retirement," said Nikki Sorum, senior vice president, marketing and investment products. "Thrivent Financial is focused on providing solutions to help our members plan for and manage their finances throughout every phase of their retirement."

The Thrivent Diversified Income Plus Fund is offered through Thrivent Financial's network of 2,500 registered representatives. These representatives also offer a broad range of other financial products and services, including life insurance, variable and fixed annuities, disability income insurance and more.

Investing in a mutual fund involves risks, including the possible loss of principal. The prospectus contains more complete information on the investment objectives, risks, charges and expenses of the investment company which investors should read and consider carefully before investing. To obtain a prospectus contact a registered representative or visit www.thrivent.com. The fund's performance depends on the portfolio manager's skill in determining the strategic asset class allocations. Stocks and bonds can decline due to adverse issuer, market, regulatory or economic developments. These and other risks are described in the fund's prospectus.

About Thrivent Investment Management

Thrivent Investment Management is a wholly owned subsidiary of Thrivent Financial for Lutherans, a Fortune 500 financial services membership organization helping nearly 3 million members achieve their financial goals and give back to their communities. Thrivent Financial and its affiliates offer a broad range of financial products and services including life insurance, annuities, mutual funds, disability income insurance, bank products and more. As a not-for-profit organization, Thrivent Financial sponsors national outreach programs and activities that support congregations, schools, charitable organizations and individuals in need. For more information, visit www.thrivent.com.

Securities are offered through Thrivent Investment Management Inc., 625 Fourth Ave. South, Minneapolis, MN 55415-1665, 800-THRIVENT (800-847-4836) a wholly owned subsidiary of Thrivent Financial for Lutherans. Member NASD. Member SIPC.