The Fund Grade · free · no account needed

What grade does AASCX get?

Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.

C

Fundprints Fund Grade · as of 2026-10-01

Thrivent Mid Cap Stock Fund Class A

#236 of 500 graded active funds · blend · mid segment peer group

The point · specialist footprint

AASCX puts less of its book behind proven specialists than 79% of graded funds.

Bottom 20%

● Bottom 40%

Middle

Top 40%

Top 20%

beat the S&P in 22% of quarters+3.8%/qtr better · 43% beat rate

That has mattered: over the past 2.7 years, funds with this little specialist backing trailed top-rung funds by about 3.8% per quarter and beat the S&P in only 22% of fund-quarters. If it also charges an active fee, the higher-graded alternatives deserve a look.

10,000+ funds tracked · the graded specialists among them drive every read

3 funds in the same segment carry an A. Members see the names and what they charge. See the alternatives →

The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.

AASCX vs the Honor Roll · share card ↗

Conviction exposure

6%

of the book in specialist-converged names

Late-stage weight

27.3%

of the book in Crowded or Fading names

Active share

92.5%

how far it strays from the index

The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.

Inside the book: top names by stage · as of 2026-10-20

Early Conviction
STLD 3.2%PWR 2.1%DVN 1.9%+4 locked
Consensus
ACGL 2.1%LECO 1.9%GRMN 1.8%+26 locked
Emerging
NOK 2.8%TKR 1.7%DDOG 1.7%+3 locked
Crowded
FR 2.4%MTB 2.2%TRMB 1.3%+2 locked
Fading
ONTO 2.5%MPWR 2.3%HWM 2.2%+11 locked

We email you the day it crosses 50% crowded, and where you stand every month.

Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.

The read · what to do with it

Thrivent Mid Cap Stock Fund grades a C, ranking 236 of 500, with only 6% specialist backing and 27.3% of the portfolio sitting in late or crowded positions including STLD and ONTO where specialists are already leaving. The early bright spots are NOK, PWR, and DVN, but they are small weights against that crowded core. At least three higher graded peers exist in this segment.

→ Watch ONTO and MPWR closely, as specialists are actively fading both positions that together represent nearly 5% of the fund.

→ Compare this fund against the three higher graded mid cap peers before adding new money, given the weak specialist backing score of 6%.

Support leaving these positions

ONTO 2.5% of the fund · Fading

FR 2.4% of the fund · Crowded

MPWR 2.3% of the fund · Fading

MTB 2.2% of the fund · Crowded

HWM 2.2% of the fund · Fading

Where it's genuinely early

STLD 3.2% of the fund · Early Conviction

NOK 2.8% of the fund · Emerging

PWR 2.1% of the fund · Early Conviction

Read from today's disclosed book. Evidence, not advice.

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