Thrivent Launches Active ETF Investing in High-Quality Securitized Debt (TSIE)

Thrivent has introduced the Thrivent Securitized Income ETF (TSIE) on Nasdaq, expanding its active fixed income offerings with a strategy focused on high-quality securitized debt. The fund invests primarily in investment-grade securities, including mortgage-backed securities (MBS), collateralized loan obligations (CLOs), and asset-backed securities (ABS). Its underlying exposures may include residential mortgages, commercial real estate loans, auto loans, and corporate loans. Managed by Jon-Paul Gagne and Chad Diefenderfer, TSIE seeks to generate income while offering diversification beyond traditional government and corporate bonds. The fund provides exposure to different credit qualities, durations, and collateral types within the securitized debt market, complementing Thrivent's broader fixed income investment capabilities.