AABFX Fees and Costs — Thrivent Dynamic Allocation Fund, Class A
Data updated: 2026-09-29
The net expense ratio is 0.99% (1.03% before fee waivers). This share class carries a maximum front-end sales load of 4.50%. In fiscal 2025 the fund paid $70K in broker commissions, 0.0166% of average net assets, and portfolio turnover was 78%.
AABFX Fees and Expenses
Annual operating expenses and sales charges of AABFX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.21% |
| Gross expense ratio | 1.03% |
| Fee waiver | −0.04% |
| Net expense ratio | 0.99% |
| Sales charges | |
|---|---|
| Max front load | 4.50% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
AABFX Costs Over Time
On $10,000 invested in AABFX, assuming 5% a year before costs, total costs come to $1,176 over 5 years, cutting the return by 2.01% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $450 | $450 | $450 |
| Fund expenses (net expense ratio 0.99%) | $99 | $310 | $537 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $22 | $87 | $179 |
| Total costs | $573 | $851 | $1,176 |
| Value after costs | $9,927 | $10,725 | $11,587 |
| Impact on return, per year | 5.73% | 2.64% | 2.01% |
AABFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0166%
- Total broker commissions: $70K
- Bought from dealers (principal trades, not a cost): $681.8M
- Portfolio turnover (prospectus): 78%
- Securities on loan, average value: $3.6M
- Net income from securities lending: $24K (0.006% of average net assets)
AABFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $26K | 43.46% |
| BOFA SECURITIES, INC. | $6K | 10.26% |
| JEFFERIES LLC | $5K | 8.21% |
| J.P. MORGAN SECURITIES LLC | $5K | 7.51% |
| BMO CAPITAL MARKETS CORP. | $4K | 6.37% |
| PIPER SANDLER & CO. | $4K | 6.22% |
| RAYMOND JAMES & ASSOCIATES, INC. | $3K | 5.68% |
| ROBERT W. BAIRD & CO. INCORPORATED | $3K | 5.47% |
| RBC CAPITAL MARKETS, LLC | $2K | 3.77% |
| UBS SECURITIES LLC | $2K | 3.06% |
AABFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STATE STREET GLOBAL MARKETS, LLC | $243.0M | 38.57% |
| MORGAN STANLEY & CO. LLC | $189.7M | 30.11% |
| WELLS FARGO SECURITIES, LLC | $71.7M | 11.38% |
| J.P. MORGAN SECURITIES LLC | $27.7M | 4.40% |
| MIZUHO SECURITIES USA LLC | $27.3M | 4.33% |
| BOFA SECURITIES, INC. | $26.7M | 4.23% |
| GOLDMAN SACHS & CO. LLC | $13.0M | 2.07% |
| BARCLAYS CAPITAL INC. | $11.1M | 1.75% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $10.1M | 1.60% |
| CITICORP SECURITIES INC | $9.9M | 1.57% |
Thrivent Dynamic Allocation Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| IBBFX | Class S | 0.74% | none |
| AABFX | Class A | 0.99% | 4.50% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.