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Morningstar

Thrivent Balanced Income Plus S IBBFX

Morningstar Medalist Rating
Medalist Rating as of | See Thrivent Investment Hub
  • NAV / 1-Day Return 13.30  /  −0.15 %
  • Total Assets 406.2 Mil
  • Adj. Expense Ratio
    0.780%
  • Expense Ratio 0.780%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Moderately Conservative Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 3.11%
  • Turnover 77%

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 9:58 PM GMT+0

Morningstar’s Analysis IBBFX

Will IBBFX 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 IBBFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the IBBFX 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 IBBFX’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 S's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings IBBFX

More IBBFX 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

9.15 35.8 Mil
Cash and Equivalents

Thrivent Core International Equity

7.33 28.7 Mil
—

Thrivent Core Emerging Markets Debt

5.17 20.2 Mil
—

E-mini S&P 500 Future Mar 24

3.18 12.4 Mil
—

Federal National Mortgage Association 4.5%

1.40 5.5 Mil
Securitized

Microsoft Corp

1.31 5.1 Mil
Technology

Federal National Mortgage Association 5.5%

1.23 4.8 Mil
Securitized

United States Treasury Bonds 3.375%

1.01 3.9 Mil
Government

MSCI Emerging Markets Index Future Mar 24

0.98 3.8 Mil
—

MSCI EAFE Index Future Mar 24

0.91 3.6 Mil
—