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        <name>PUBLIC FIN AUTH WI STUDENT HSG</name>
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        <name>OSAGE CNTY OK INDL AUTH USE TA</name>
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      <invstOrSec>
        <name>WASHINGTON ST HSG FIN COMMISSI</name>
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        <name>TANEY CNTY MO INDL DEV AUTH SA</name>
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        <name>Deephaven Minnesota Charter School Lease Rev</name>
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        <name>MICHIGAN ST STRATEGIC FUND LTD</name>
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        <name>Iowa Finance Authority Rev</name>
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        <name>Phoenix Arizona Industrial Development Authority Health Care Facs Rev</name>
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        <name>Michigan St Strategic Fund Limited Obligation Rev</name>
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        <debtSec>
          <maturityDt>2050-06-01</maturityDt>
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        <debtSec>
          <maturityDt>2042-06-01</maturityDt>
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          <isin value="US04110FAB13"/>
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        <name>Harris County Texas Cultural Education Facs Finance Corporation Rev</name>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
        <lei>N/A</lei>
        <title>Metropolitan Washington DC Airports Auth. Airport System Rev. Refg.</title>
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          <isin value="US592647MC23"/>
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      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corporation Sales Tax Rev</name>
        <lei>N/A</lei>
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          <isin value="US74529JPW98"/>
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        <name>BETHEL MN HSG AND HLTH CARE FA</name>
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        <name>PUBLIC FIN AUTH WI SPL REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
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          <maturityDt>2029-09-01</maturityDt>
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        <name>CALIFORNIA CMNTY CHOICE FING A</name>
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          <isin value="US13013JBL98"/>
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        <name>PUBLIC FIN AUTH WI REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
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        <name>Lees Summit Missouri Industrial Development Authority Senior LIVing Facs Rev</name>
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        <name>Denver Colorado Health &amp; Hospital Authority Healthcare Rev</name>
        <lei>549300WFV5S7GIR4OS67</lei>
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        <debtSec>
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        <name>BLACK BELT ENERGY GAS DIST AL</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>Black Belt Energy Gas District, AL Gas Proj. Rev. Refg.</title>
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          <isin value="US09182TCR68"/>
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        <valUSD>252350.70000000</valUSD>
        <pctVal>0.675175384935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="For derivatives owned, if any, Unrealized Appreciation/Depreciation is reported as Value for future and swap type derivatives.  Actual security Value is reported for option type derivatives." noteItem="C.2.c"/>
      <explntrNote note="Data presented is directly from day-to-day accounting records of Fund used to calculate net asset value per share.  It does not reflect adjustments necessary to make data GAAP compliant, such as reclassifying prepaid expenses, expenses reimbursements, and/or any other related adjustments." noteItem="B.1.b"/>
      <explntrNote note="The daily NAV is calculated on a T+1 basis on most days. The current exception to this occurs on the fiscal quarter ends. On these fiscal quarter end dates, the NAV is calculated on a T+0 basis." noteItem="B.1.c"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2024-05-28</ncom:dateSigned>
      <ncom:nameOfApplicant>Thrivent Mutual Funds</ncom:nameOfApplicant>
      <ncom:signature>Sarah L. Bergstrom</ncom:signature>
      <ncom:signerName>Sarah L. Bergstrom</ncom:signerName>
      <ncom:title>Treasurer and Principal Accounting Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
