C000183145 Fees and Costs — Thrivent Multidimensional Income Portfolio, Class A
Data updated: 2024-08-27
The net expense ratio is 0.98% (1.12% before fee waivers). There are no sales loads or redemption fees. In fiscal 2023 the fund paid $16K in broker commissions, 0.0303% of average net assets, and portfolio turnover was 93%.
C000183145 Fees and Expenses
Annual operating expenses and sales charges of C000183145. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | — |
| Other expenses | 0.38% |
| Gross expense ratio | 1.12% |
| Fee waiver | −0.14% |
| Net expense ratio | 0.98% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000183145 Costs Over Time
On $10,000 invested in C000183145, assuming 5% a year before costs, total costs come to $632 over 5 years, cutting the return by 1.06% 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 0.98%) | $103 | $321 | $557 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $16 | $58 |
| Total costs | $106 | $347 | $632 |
| Value after costs | $10,394 | $11,229 | $12,131 |
| Impact on return, per year | 1.06% | 1.06% | 1.06% |
C000183145 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0303%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): $94.0M
- Portfolio turnover (prospectus): 93%
- Securities on loan, average value: $1.2M
- Net income from securities lending: $22K (0.043% of average net assets)
C000183145 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| COWEN AND COMPANY, LLC | $4K | 32.13% |
| SANFORD C. BERNSTEIN & CO., LLC | $3K | 19.05% |
| ROBERT W. BAIRD & CO. INCORPORATED | $2K | 12.83% |
| CITIGROUP GLOBAL MARKETS INC. | $1K | 8.90% |
| BARCLAYS CAPITAL INC. | $1K | 7.52% |
| WILLIAM BLAIR & COMPANY, L.L.C. | $680 | 4.87% |
| UBS SECURITIES LLC | $622 | 4.46% |
| KEYBANC CAPITAL MARKETS | $601 | 4.30% |
| PIPER SANDLER & CO. | $428 | 3.07% |
| EVERCORE GROUP L.L.C. | $402 | 2.88% |
C000183145 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO SECURITIES, LLC | $43.2M | 50.53% |
| MORGAN STANLEY & CO. LLC | $15.0M | 17.50% |
| J.P. MORGAN SECURITIES LLC | $10.6M | 12.37% |
| BARCLAYS CAPITAL INC. | $5.3M | 6.25% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $3.1M | 3.62% |
| BOFA SECURITIES, INC. | $2.8M | 3.31% |
| GOLDMAN SACHS & CO. LLC | $2.1M | 2.44% |
| BNP PARIBAS SECURITIES CORP. | $1.2M | 1.45% |
| CITIGROUP GLOBAL MARKETS INC. | $1.1M | 1.28% |
| INSPEREX LLC | $1.1M | 1.25% |
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.