IIINX Fees and Costs — Thrivent Multisector Bond Fund, Class S
Data updated: 2026-09-29
The net expense ratio is 0.68%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $11K in broker commissions, 0.0013% of average net assets, and portfolio turnover was 95%.
IIINX Fees and Expenses
Annual operating expenses and sales charges of IIINX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.43% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.20% |
| Gross expense ratio | 0.68% |
| Fee waiver | — |
| Net expense ratio | 0.68% |
| 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 |
IIINX Costs Over Time
On $10,000 invested in IIINX, assuming 5% a year before costs, total costs come to $429 over 5 years, cutting the return by 0.72% 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 0.68%) | $71 | $224 | $389 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $72 | $235 | $429 |
| Value after costs | $10,428 | $11,341 | $12,334 |
| Impact on return, per year | 0.72% | 0.72% | 0.72% |
IIINX 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): 0.0013%
- Total broker commissions: $11K
- Bought from dealers (principal trades, not a cost): $2.0B
- Portfolio turnover (prospectus): 95%
- Securities on loan, average value: $30.9M
- Net income from securities lending: $136K (0.015% of average net assets)
IIINX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $5K | 45.42% |
| JEFFERIES LLC | $1K | 10.19% |
| SANFORD C. BERNSTEIN & CO., LLC | $1K | 9.59% |
| BMO CAPITAL MARKETS CORP. | $983 | 8.76% |
| ELEVATION, LLC | $758 | 6.75% |
| BOFA SECURITIES, INC. | $604 | 5.38% |
| RAYMOND JAMES & ASSOCIATES, INC. | $561 | 5.00% |
| EVERCORE GROUP L.L.C. | $514 | 4.58% |
| OPPENHEIMER & CO. INC. | $384 | 3.42% |
| GOLDMAN SACHS & CO. LLC | $100 | 0.89% |
IIINX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STATE STREET GLOBAL MARKETS, LLC | $507.1M | 27.64% |
| WELLS FARGO SECURITIES, LLC | $404.2M | 22.03% |
| MORGAN STANLEY & CO. LLC | $338.6M | 18.46% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $164.2M | 8.95% |
| GOLDMAN SACHS & CO. LLC | $131.0M | 7.14% |
| J.P. MORGAN SECURITIES LLC | $101.3M | 5.52% |
| BOFA SECURITIES, INC. | $71.6M | 3.90% |
| MIZUHO SECURITIES USA LLC | $47.6M | 2.59% |
| CITICORP SECURITIES INC | $35.7M | 1.94% |
| BARCLAYS CAPITAL INC. | $33.3M | 1.82% |
Thrivent Multisector Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| IIINX | Class S | 0.68% | none |
| AAINX | Class A | 0.93% | 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.