TSCGX Fees and Costs — Thrivent Small Cap Growth Fund, Class S
Data updated: 2026-09-29
The net expense ratio is 0.95%: a 0.80% management fee plus 0.31% other expenses, less a 0.16% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $222K in broker commissions, 0.1100% of average net assets, and portfolio turnover was 97%.
TSCGX Fees and Expenses
Annual operating expenses and sales charges of TSCGX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.31% |
| Gross expense ratio | 1.11% |
| Fee waiver | −0.16% |
| Net expense ratio | 0.95% |
| 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 |
TSCGX Costs Over Time
On $10,000 invested in TSCGX, assuming 5% a year before costs, total costs come to $662 over 5 years, cutting the return by 1.11% 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 0.95%) | $100 | $311 | $539 |
| Trading costs (broker commissions) | $12 | $36 | $62 |
| Lost growth on money paid in costs | $0 | $17 | $61 |
| Total costs | $111 | $364 | $662 |
| Value after costs | $10,389 | $11,212 | $12,101 |
| Impact on return, per year | 1.11% | 1.11% | 1.11% |
TSCGX 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): 0.1100%
- Total broker commissions: $222K
- Bought from dealers (principal trades, not a cost): $159.6M
- Portfolio turnover (prospectus): 97%
- Securities on loan, average value: $361K
- Net income from securities lending: $702 (0.000% of average net assets)
TSCGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $43K | 23.63% |
| RAYMOND JAMES & ASSOCIATES, INC. | $30K | 16.31% |
| JEFFERIES LLC | $27K | 14.73% |
| BMO CAPITAL MARKETS CORP. | $25K | 13.67% |
| ROBERT W. BAIRD & CO. INCORPORATED | $14K | 7.77% |
| PIPER SANDLER & CO. | $13K | 6.90% |
| J.P. MORGAN SECURITIES LLC | $11K | 6.26% |
| EVERCORE GROUP L.L.C. | $9K | 5.07% |
| ELEVATION, LLC | $5K | 2.94% |
| KEYBANC CAPITAL MARKETS | $5K | 2.71% |
TSCGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STATE STREET GLOBAL MARKETS, LLC | $153.3M | 96.02% |
| J.P. MORGAN SECURITIES LLC | $6.4M | 3.98% |
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.