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Planning: Tools & Service
> Tax Information > Qualified Dividend Income
Qualified Dividend Income

Dividends received by a mutual fund shareholder are eligible for lower income tax rates to the extent that the mutual fund has received qualified dividend income from domestic corporations and certain foreign corporations.

The following Thrivent Mutual Funds had ordinary income distributions in 2007 that qualify for these lower tax rates as long as the shareholder met the holding period requirements:

Fund

%

Thrivent Aggressive Allocation Fund

37.67%

Thrivent Balanced Fund

19.16%

Thrivent Diversified Income Plus Fund

16.60%

Thrivent Large Cap Growth Fund

16.95%

Thrivent Large Cap Index Fund

100.00%

Thrivent Large Cap Index Fund – I

100.00%

Thrivent Large Cap Stock Fund

50.92%

Thrivent Large Cap Value Fund

99.99%

Thrivent Mid Cap Growth Fund

5.83%

Thrivent Mid Cap Index Fund

100.00%

Thrivent Mid Cap Index Fund – I

86.16%

Thrivent Mid Cap Stock Fund

14.06%

Thrivent Moderate Allocation Fund

22.66%

Thrivent Moderately Aggressive Allocation Fund

33.78%

Thrivent Moderately Conservative Allocation Fund

14.37%

Thrivent Partner International Stock Fund

100.00%

Thrivent Partner Mid Cap Value Fund

28.74%

Thrivent Partner Small Cap Growth Fund

20.09%

Thrivent Partner Small Cap Value Fund

20.08%

Thrivent Real Estate Securities Fund

6.64%

Thrivent Small Cap Index Fund

96.11%

Box 1b on Form 1099-DIV reports the amount of dividends that may qualify for lower tax rates of 5% or 15%. The amount shown in Box 1b assumes that the 61-day holding period required for the dividends to be qualified has been met. Each shareholder is responsible for determining if the holding period was met and adjusting the amount accordingly. The December 31 statement can be used to determine if the holding period requirement has been met. See the IRS Form 1040 instructions for more information.

The information provided is not intended to replace qualified tax advice. Neither Thrivent Investment Management Inc. nor its representatives provide tax advice. For complete details, consult your tax advisor.

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Minneapolis, MN 55415-1624 USA
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Thrivent Financial for Lutherans, Appleton, WI 54919-0001, is authorized to conduct business in all 50 states and the District of Columbia. NAIC # 2938-56014. Products issued by Thrivent Financial for Lutherans are available to applicants who meet membership, insurability, U.S. citizenship and residency requirements. Not all products described are available in all states. Thrivent Financial representatives are licensed insurance agents. Insurance and retirement products, where available, are individual contracts, (not group coverage), and issued by Thrivent Financial for Lutherans. Investment products are offered through Thrivent Investment Management Inc., 625 Fourth Ave. S., Minneapolis, MN 55415-1665, a wholly owned subsidiary of Thrivent Financial for Lutherans. Member FINRA. Member SIPC. Thrivent Financial representatives are registered representatives of Thrivent Investment Management Inc.

Bank products and trust services are offered through Thrivent Financial Bank, 2000 E. Milestone Dr., Appleton, WI 54919-0006 (Member FDIC, Equal Housing Lender), a wholly owned subsidiary of Thrivent Financial for Lutherans. Insurance, investment products, securities, trust, and investment management services and accounts are not deposits, are not FDIC insured, are not insured by any federal government agency, and are not guaranteed by Thrivent Financial Bank. Variable insurance contracts, investment products, trust, and investment management accounts may go down in value.

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This document was last updated on Thursday, February 14, 2008 at 11:17 AM