C000003852 Fees and Costs — Thrivent Small Cap Stock Portfolio, Class A
Data updated: 2026-08-26
The net expense ratio is 0.70%: a 0.66% management fee plus 0.04% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $752K in broker commissions, 0.0784% of average net assets, and portfolio turnover was 71%.
C000003852 Fees and Expenses
Annual operating expenses and sales charges of C000003852. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.66% |
| 12b-1 fee | — |
| Other expenses | 0.04% |
| Gross expense ratio | 0.70% |
| Fee waiver | — |
| Net expense ratio | 0.70% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
C000003852 Costs Over Time
On $10,000 invested in C000003852, assuming 5% a year before costs, total costs come to $489 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 0.70%) | $74 | $230 | $400 |
| Trading costs (broker commissions) | $8 | $26 | $45 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $82 | $268 | $489 |
| Value after costs | $10,418 | $11,308 | $12,274 |
| Impact on return, per year | 0.82% | 0.82% | 0.82% |
C000003852 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): 0.0784%
- Total broker commissions: $752K
- Bought from dealers (principal trades, not a cost): $636.2M
- Portfolio turnover (prospectus): 71%
- Securities on loan, average value: $3.8M
- Net income from securities lending: $18K (0.002% of average net assets)
C000003852 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BMO CAPITAL MARKETS CORP. | $198K | 30.77% |
| JEFFERIES LLC | $109K | 16.97% |
| PIPER SANDLER & CO. | $68K | 10.51% |
| STUART FRANKEL & CO., INCORPORATED | $60K | 9.39% |
| ROBERT W. BAIRD & CO. INCORPORATED | $56K | 8.72% |
| RAYMOND JAMES & ASSOCIATES, INC. | $38K | 5.84% |
| MORGAN STANLEY & CO. LLC | $30K | 4.73% |
| ELEVATION, LLC | $30K | 4.68% |
| RBC CAPITAL MARKETS, LLC | $29K | 4.55% |
| BOFA SECURITIES, INC. | $25K | 3.85% |
C000003852 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STATE STREET GLOBAL MARKETS, LLC | $612.7M | 96.31% |
| DEUTSCHE BANK SECURITIES INC. | $9.3M | 1.47% |
| J.P. MORGAN SECURITIES LLC | $7.6M | 1.19% |
| BMO CAPITAL MARKETS CORP. | $5.0M | 0.78% |
| BARCLAYS CAPITAL INC. | $1.2M | 0.20% |
| WELLS FARGO SECURITIES, LLC | $349K | 0.05% |
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.