I retract the above. Janet has steered this big ship back into calm and prosperous waters. Once part of the tiny family of funds run by Lutheran Brotherhood, Thrivent Municipal is now one of a host of funds run by Thrivent. Moreover, for more than a year now, it's blown away all of the other Thrivent funds. Currently, it's Thrivent's flagship and is in the top 10% of all muni funds. Anyone who's had their life savings 100% in this fund is looking awfully good about now instead of the 40-60% losses suffered by most mutual fund owners. 2008 taught me to stay away from mutual funds (ETFs are superior by a long shot), with the lone exception of Thrivent Muni.