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Morningstar

Thrivent Balanced Income Plus A AABFX

Morningstar Medalist Rating
Medalist Rating as of | See Thrivent Investment Hub
  • NAV / 1-Day Return 13.39  /  +0.75 %
  • Total Assets 403.5 Mil
  • Adj. Expense Ratio
    0.990%
  • Expense Ratio 0.990%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Moderately Conservative Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 2.88%
  • Turnover 77%

USD | NAV as of May 02, 2024 | 1-Day Return as of May 02, 2024, 10:31 PM GMT+0

Morningstar’s Analysis AABFX

Will AABFX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AABFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AABFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AABFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Thrivent Balanced Income Plus A's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings AABFX

More AABFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Thrivent Core Short-Term Reserve Fund

9.34 36.7 Mil
Cash and Equivalents

Thrivent Core International Equity

7.49 29.4 Mil
—

Thrivent Core Emerging Markets Debt

5.19 20.4 Mil
—

E-mini S&P 500 Future Mar 24

3.05 12.0 Mil
—

Federal National Mortgage Association 4.5%

1.37 5.4 Mil
Securitized

Microsoft Corp

1.36 5.3 Mil
Technology

Federal National Mortgage Association 5.5%

1.08 4.3 Mil
Securitized

MSCI Emerging Markets Index Future Mar 24

1.01 4.0 Mil
—

United States Treasury Bonds 3.375%

0.97 3.8 Mil
Government

NVIDIA Corp

0.94 3.7 Mil
Technology