TMCVX Fees and Costs — Thrivent Mid Cap Value Fund, Class S
Data updated: 2026-01-09
The net expense ratio is 0.90%: a 0.75% management fee plus 0.67% other expenses, less a 0.52% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $25K in broker commissions, 0.0943% of average net assets, and portfolio turnover was 61%.
TMCVX Fees and Expenses
Annual operating expenses and sales charges of TMCVX. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.67% |
| Gross expense ratio | 1.42% |
| Fee waiver | −0.52% |
| Net expense ratio | 0.90% |
| 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 |
TMCVX Costs Over Time
On $10,000 invested in TMCVX, assuming 5% a year before costs, total costs come to $622 over 5 years, cutting the return by 1.04% 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 0.90%) | $94 | $295 | $511 |
| Trading costs (broker commissions) | $10 | $31 | $54 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $104 | $342 | $622 |
| Value after costs | $10,396 | $11,234 | $12,141 |
| Impact on return, per year | 1.04% | 1.04% | 1.04% |
TMCVX 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): 0.0943%
- Total broker commissions: $25K
- Bought from dealers (principal trades, not a cost): $23.6M
- Portfolio turnover (prospectus): 61%
- Securities on loan, average value: $0
- Net income from securities lending: $10 (0.000% of average net assets)
TMCVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $4K | 18.64% |
| ROBERT W. BAIRD & CO. INCORPORATED | $3K | 13.42% |
| JEFFERIES LLC | $3K | 12.83% |
| BOFA SECURITIES, INC. | $3K | 12.77% |
| RAYMOND JAMES & ASSOCIATES, INC. | $3K | 12.64% |
| J.P. MORGAN SECURITIES LLC | $2K | 10.19% |
| PIPER SANDLER & CO. | $2K | 8.23% |
| BMO CAPITAL MARKETS CORP. | $845 | 4.04% |
| CITICORP SECURITIES INC | $845 | 4.04% |
| BARCLAYS CAPITAL INC. | $673 | 3.21% |
TMCVX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STATE STREET GLOBAL MARKETS, LLC | $23.3M | 98.44% |
| DEUTSCHE BANK SECURITIES INC. | $370K | 1.56% |
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.