LBLAX Fees and Costs — Thrivent Short-Term Bond Fund, Class A
Data updated: 2026-09-29
The net expense ratio is 0.58%: a 0.28% management fee, a 0.13% 12b-1 fee plus 0.17% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1K in broker commissions, 0.0001% of average net assets, and portfolio turnover was 81%.
LBLAX Fees and Expenses
Annual operating expenses and sales charges of LBLAX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.28% |
| 12b-1 fee | 0.13% |
| Other expenses | 0.17% |
| Gross expense ratio | 0.58% |
| Fee waiver | — |
| Net expense ratio | 0.58% |
| 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 |
LBLAX Costs Over Time
On $10,000 invested in LBLAX, assuming 5% a year before costs, total costs come to $366 over 5 years, cutting the return by 0.61% 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 0.58%) | $61 | $191 | $332 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $61 | $200 | $366 |
| Value after costs | $10,439 | $11,376 | $12,397 |
| Impact on return, per year | 0.61% | 0.61% | 0.61% |
LBLAX 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): 0.0001%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $2.8B
- Portfolio turnover (prospectus): 81%
- Securities on loan, average value: $13.9M
- Net income from securities lending: $42K (0.003% of average net assets)
LBLAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $1K | 100.00% |
LBLAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STATE STREET GLOBAL MARKETS, LLC | $574.4M | 25.45% |
| MORGAN STANLEY & CO. LLC | $391.5M | 17.35% |
| J.P. MORGAN SECURITIES LLC | $302.3M | 13.39% |
| BOFA SECURITIES, INC. | $182.0M | 8.06% |
| BARCLAYS CAPITAL INC. | $175.6M | 7.78% |
| WELLS FARGO SECURITIES, LLC | $152.3M | 6.75% |
| MIZUHO SECURITIES USA LLC | $143.2M | 6.34% |
| CITIGROUP GLOBAL MARKETS INC. | $132.7M | 5.88% |
| GOLDMAN SACHS & CO. LLC | $129.7M | 5.74% |
| CITICORP SECURITIES INC | $73.3M | 3.25% |
Thrivent Short-Term 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 |
|---|---|---|---|
| THLIX | Class S | 0.44% | none |
| LBLAX | Class A | 0.58% | none |
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.