TMSIX Fees and Costs — Thrivent Mid Cap Stock Fund, Class S
Data updated: 2026-09-29
The net expense ratio is 0.75%: a 0.60% management fee plus 0.15% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1.6M in broker commissions, 0.0433% of average net assets, and portfolio turnover was 53%.
TMSIX Fees and Expenses
Annual operating expenses and sales charges of TMSIX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| 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 |
TMSIX Costs Over Time
On $10,000 invested in TMSIX, assuming 5% a year before costs, total costs come to $498 over 5 years, cutting the return by 0.83% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $5 | $14 | $25 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $83 | $273 | $498 |
| Value after costs | $10,417 | $11,303 | $12,265 |
| Impact on return, per year | 0.83% | 0.83% | 0.83% |
TMSIX 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): 0.0433%
- Total broker commissions: $1.6M
- Bought from dealers (principal trades, not a cost): $1.4B
- Portfolio turnover (prospectus): 53%
- Securities on loan, average value: $15.6M
- Net income from securities lending: $66K (0.002% of average net assets)
TMSIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $190K | 14.89% |
| JEFFERIES LLC | $184K | 14.38% |
| RAYMOND JAMES & ASSOCIATES, INC. | $172K | 13.44% |
| BMO CAPITAL MARKETS CORP. | $168K | 13.16% |
| PIPER SANDLER & CO. | $165K | 12.88% |
| ROBERT W. BAIRD & CO. INCORPORATED | $107K | 8.41% |
| UBS SECURITIES LLC | $105K | 8.26% |
| KEYBANC CAPITAL MARKETS | $69K | 5.37% |
| STEPHENS INC. | $62K | 4.86% |
| EVERCORE GROUP L.L.C. | $56K | 4.36% |
TMSIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STATE STREET GLOBAL MARKETS, LLC | $1.2B | 87.51% |
| BARCLAYS CAPITAL INC. | $44.9M | 3.32% |
| BMO CAPITAL MARKETS CORP. | $25.0M | 1.84% |
| WELLS FARGO SECURITIES, LLC | $24.9M | 1.84% |
| DAIWA CAPITAL MARKETS AMERICA INC. | $24.9M | 1.84% |
| ACADEMY SECURITIES, INC. | $24.1M | 1.78% |
| CITIGROUP GLOBAL MARKETS INC. | $15.0M | 1.11% |
| MIZUHO SECURITIES USA LLC | $7.2M | 0.53% |
| GOLDMAN SACHS & CO. LLC | $3.1M | 0.23% |
Thrivent Mid Cap Stock Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TMSIX | Class S | 0.75% | none |
| AASCX | Class A | 0.97% | 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.