C000198634 Fees and Costs — Thrivent Core Low Volatility Equity Fund
Data updated: 2025-09-25
The net expense ratio is 0.05% (0.20% before fee waivers). There are no sales loads or redemption fees. In fiscal 2024 the fund paid $160K in broker commissions, 0.1726% of average net assets, and portfolio turnover was 56%.
C000198634 Fees and Expenses
Annual operating expenses and sales charges of C000198634. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.20% |
| Gross expense ratio | 0.20% |
| Fee waiver | −0.15% |
| Net expense ratio | 0.05% |
| 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 |
C000198634 Costs Over Time
On $10,000 invested in C000198634, assuming 5% a year before costs, total costs come to $141 over 5 years, cutting the return by 0.23% 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 0.05%) | $5 | $17 | $29 |
| Trading costs (broker commissions) | $18 | $57 | $100 |
| Lost growth on money paid in costs | $0 | $4 | $13 |
| Total costs | $23 | $77 | $141 |
| Value after costs | $10,477 | $11,499 | $12,621 |
| Impact on return, per year | 0.23% | 0.23% | 0.23% |
C000198634 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.1726%
- Total broker commissions: $160K
- Bought from dealers (principal trades, not a cost): $16.2M
- Portfolio turnover (prospectus): 56%
- Securities on loan, average value: $388K
- Net income from securities lending: $14K (0.016% of average net assets)
C000198634 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RAYMOND JAMES & ASSOCIATES, INC. | $65K | 40.41% |
| GOLDMAN SACHS & CO. LLC | $60K | 37.76% |
| COWEN AND COMPANY, LLC | $16K | 9.81% |
| PIPER SANDLER & CO. | $12K | 7.68% |
| MORGAN STANLEY & CO. LLC | $4K | 2.60% |
| JEFFERIES LLC | $1000 | 0.62% |
| ROBERT W. BAIRD & CO. INCORPORATED | $817 | 0.51% |
| CITIGROUP GLOBAL MARKETS INC. | $567 | 0.35% |
| RBC CAPITAL MARKETS, LLC | $423 | 0.26% |
C000198634 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| NOMURA SECURITIES INTERNATIONAL, INC. | $5.5M | 34.66% |
| MIZUHO SECURITIES USA LLC | $5.1M | 32.42% |
| J.P. MORGAN SECURITIES LLC | $3.2M | 20.39% |
| BMO CAPITAL MARKETS CORP. | $820K | 5.18% |
| RBC CAPITAL MARKETS, LLC | $405K | 2.56% |
| UBS SECURITIES LLC | $390K | 2.46% |
| GOLDMAN SACHS & CO. LLC | $370K | 2.34% |
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.