THYFX Fees and Costs — Thrivent Conservative Allocation Fund, Class S
Data updated: 2026-08-26
The net expense ratio is 0.71%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $86K in broker commissions, 0.0088% of average net assets, and portfolio turnover was 70%.
THYFX Fees and Expenses
Annual operating expenses and sales charges of THYFX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.53% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.71% |
| Fee waiver | — |
| Net expense ratio | 0.71% |
| 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 |
THYFX Costs Over Time
On $10,000 invested in THYFX, assuming 5% a year before costs, total costs come to $452 over 5 years, cutting the return by 0.75% 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 0.71%) | $75 | $233 | $406 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $12 | $41 |
| Total costs | $75 | $248 | $452 |
| Value after costs | $10,425 | $11,328 | $12,311 |
| Impact on return, per year | 0.75% | 0.75% | 0.75% |
THYFX 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): 0.0088%
- Total broker commissions: $86K
- Bought from dealers (principal trades, not a cost): $1.9B
- Portfolio turnover (prospectus): 70%
- Securities on loan, average value: $11.9M
- Net income from securities lending: $62K (0.006% of average net assets)
THYFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $28K | 38.72% |
| BOFA SECURITIES, INC. | $9K | 11.97% |
| JEFFERIES LLC | $7K | 9.86% |
| J.P. MORGAN SECURITIES LLC | $6K | 8.20% |
| BMO CAPITAL MARKETS CORP. | $5K | 7.47% |
| PIPER SANDLER & CO. | $5K | 6.44% |
| RAYMOND JAMES & ASSOCIATES, INC. | $4K | 5.93% |
| ROBERT W. BAIRD & CO. INCORPORATED | $4K | 5.22% |
| RBC CAPITAL MARKETS, LLC | $2K | 3.28% |
| UBS SECURITIES LLC | $2K | 2.91% |
THYFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STATE STREET GLOBAL MARKETS, LLC | $731.6M | 43.34% |
| WELLS FARGO SECURITIES, LLC | $251.9M | 14.92% |
| MORGAN STANLEY & CO. LLC | $234.6M | 13.90% |
| BOFA SECURITIES, INC. | $111.6M | 6.61% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $88.3M | 5.23% |
| J.P. MORGAN SECURITIES LLC | $70.2M | 4.16% |
| GOLDMAN SACHS & CO. LLC | $65.9M | 3.90% |
| MIZUHO SECURITIES USA LLC | $53.3M | 3.16% |
| CITICORP SECURITIES INC | $47.1M | 2.79% |
| BARCLAYS CAPITAL INC. | $33.7M | 2.00% |
Thrivent Conservative Allocation Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| THYFX | Class S | 0.71% | none |
| AAHYX | Class A | 0.94% | 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.