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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 12.63  /  0.08 %
  • Total Assets 396.0 Mil
  • Adj. Expense Ratio
    1.010%
  • Expense Ratio 1.010%
  • 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 2.68%
  • Turnover 211%

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:11 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-costliest 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 409
  • Bond Holdings 1302
  • Other Holdings 209
  • % Assets in Top 10 Holdings 16.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Thrivent Core Short-Term Reserve Fund

7.93
30,548,517
Cash and Equivalents

Thrivent Core International Equity

7.54
29,022,452
—

Thrivent Core Emerging Markets Debt

5.92
22,776,293
—

E-mini S&P 500 Future Sept 23

2.56
9,874,150
—

Microsoft Corp

1.44
5,537,861
Technology

United States Treasury Bonds 3.375%

1.05
4,057,398
Government

MSCI Emerging Markets Index Future Sept 23

1.01
3,891,810
—

Fnma Pass-Thru I 4.5%

0.94
3,621,879
Securitized

Apple Inc

0.90
3,450,144
Technology

Federal Home Loan Mortgage Corporation 3.5%

0.88
3,383,641
Securitized