C000003834 Fees and Costs — Thrivent Moderately Aggressive Allocation Portfolio, Class A
Data updated: 2026-08-26
The net expense ratio is 0.76% (0.99% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1.5M in broker commissions, 0.0203% of average net assets, and portfolio turnover was 48%.
C000003834 Fees and Expenses
Annual operating expenses and sales charges of C000003834. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | — |
| Other expenses | 0.03% |
| Gross expense ratio | 0.99% |
| Fee waiver | −0.23% |
| Net expense ratio | 0.76% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
C000003834 Costs Over Time
On $10,000 invested in C000003834, assuming 5% a year before costs, total costs come to $490 over 5 years, cutting the return by 0.82% 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 |
| Fund expenses (net expense ratio 0.76%) | $80 | $250 | $434 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $82 | $269 | $490 |
| Value after costs | $10,418 | $11,307 | $12,273 |
| Impact on return, per year | 0.82% | 0.82% | 0.82% |
C000003834 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0203%
- Total broker commissions: $1.5M
- Bought from dealers (principal trades, not a cost): $6.0B
- Portfolio turnover (prospectus): 48%
- Securities on loan, average value: $6.9M
- Net income from securities lending: $37K (0.000% of average net assets)
C000003834 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $428K | 34.34% |
| BOFA SECURITIES, INC. | $172K | 13.81% |
| ROBERT W. BAIRD & CO. INCORPORATED | $131K | 10.55% |
| JEFFERIES LLC | $107K | 8.57% |
| J.P. MORGAN SECURITIES LLC | $105K | 8.47% |
| UBS SECURITIES LLC | $90K | 7.22% |
| PIPER SANDLER & CO. | $63K | 5.05% |
| RAYMOND JAMES & ASSOCIATES, INC. | $59K | 4.74% |
| RBC CAPITAL MARKETS, LLC | $48K | 3.82% |
| BMO CAPITAL MARKETS CORP. | $43K | 3.44% |
C000003834 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STATE STREET GLOBAL MARKETS, LLC | $3.6B | 63.70% |
| BARCLAYS CAPITAL INC. | $395.3M | 7.02% |
| MORGAN STANLEY & CO. LLC | $373.0M | 6.62% |
| WELLS FARGO SECURITIES, LLC | $361.2M | 6.41% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $231.5M | 4.11% |
| GOLDMAN SACHS & CO. LLC | $224.8M | 3.99% |
| BMO CAPITAL MARKETS CORP. | $159.0M | 2.82% |
| CITICORP SECURITIES INC | $106.7M | 1.89% |
| J.P. MORGAN SECURITIES LLC | $106.3M | 1.89% |
| BOFA SECURITIES, INC. | $87.2M | 1.55% |
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.