Thrivent Balanced Income Plus Fund (AABFX)
Under normal circumstances, the fund invests 25-65% in equity securities and 35-75% in debt securities. The equity securities in which the fund invests may include common stock, preferred stock, securities convertible into common stock, or securities or other instruments the price of which is linked to the value of common stock.
Fund Info
| ISIN | US8858824076 |
|---|---|
| CUSIP | 885882407 |
| Issuer | Thrivent |
| Inception Date | Dec 28, 1997 |
| Category | Diversified Portfolio |
| Min. Investment | $2,000 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
AABFX has a high expense ratio of 1.00%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Thrivent Balanced Income Plus Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Thrivent Balanced Income Plus Fund had a return of 9.67% year-to-date (YTD) and 19.79% in the last 12 months. Over the past 10 years, Thrivent Balanced Income Plus Fund had an annualized return of 4.89%, while the S&P 500 had an annualized return of 11.26%, indicating that Thrivent Balanced Income Plus Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 9.67% | 19.50% |
| 1 month | 1.93% | 3.09% |
| 6 months | 7.01% | 10.74% |
| 1 year | 19.79% | 33.68% |
| 5 years (annualized) | 6.31% | 14.10% |
| 10 years (annualized) | 4.89% | 11.26% |
Monthly Returns
The table below presents the monthly returns of AABFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.23% | 1.20% | 2.01% | -2.92% | 2.64% | 1.12% | 2.05% | 1.79% | 1.50% | 9.67% | |||
| 2023 | 4.82% | -2.18% | 1.37% | 0.71% | -1.26% | 2.96% | 1.71% | -1.30% | -2.89% | -2.17% | 5.75% | 4.38% | 12.04% |
| 2022 | -3.09% | -1.49% | 0.03% | -4.91% | 0.00% | -5.48% | 4.85% | -2.39% | -5.93% | 2.36% | 4.12% | -2.26% | -13.92% |
| 2021 | -0.43% | 2.09% | 1.39% | 3.00% | 0.68% | 0.88% | 1.14% | 1.26% | -1.99% | 2.54% | -1.30% | 2.10% | 11.83% |
| 2020 | -0.46% | -4.75% | -12.59% | 7.14% | 4.32% | 1.53% | 3.28% | 3.50% | -1.67% | -0.94% | 7.76% | 3.01% | 8.69% |
| 2019 | 5.21% | 2.06% | 0.59% | 2.19% | -3.33% | 3.98% | 0.24% | -1.19% | 1.15% | 1.12% | 1.73% | 2.00% | 16.65% |
| 2018 | 2.34% | -2.36% | -0.41% | 0.69% | 0.91% | 0.60% | 0.60% | 1.12% | -0.03% | -4.15% | 0.23% | -4.50% | -5.10% |
| 2017 | 1.54% | 1.76% | 0.19% | 0.95% | 0.86% | 0.52% | 1.16% | 0.00% | 1.00% | 0.99% | 1.21% | -0.54% | 10.06% |
| 2016 | -2.71% | -0.78% | 4.85% | 0.93% | 0.92% | 0.01% | 2.66% | 0.40% | 0.53% | -1.45% | 0.16% | 1.16% | 6.67% |
| 2015 | -0.16% | 3.20% | -0.19% | 0.30% | 0.08% | -1.53% | 1.16% | -3.45% | -2.21% | 4.57% | -0.39% | -6.75% | -5.68% |
| 2014 | -1.16% | 2.73% | 0.01% | 0.23% | 1.29% | 1.54% | -1.63% | 2.41% | -1.76% | 1.21% | 1.34% | -0.69% | 5.53% |
| 2013 | 4.01% | 0.24% | 2.71% | 0.69% | 1.07% | -1.32% | 5.12% | -1.45% | 2.54% | 2.52% | 0.99% | -9.25% | 7.33% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AABFX is 73, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Thrivent Balanced Income Plus Fund (AABFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Thrivent Balanced Income Plus Fund granted a 2.81% dividend yield in the last twelve months. The annual payout for that period amounted to $0.40 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.40 | $0.39 | $0.28 | $1.02 | $0.28 | $0.31 | $1.12 | $0.27 | $0.29 | $0.29 | $0.86 | $0.13 |
Dividend yield | 2.81% | 2.97% | 2.26% | 6.99% | 2.03% | 2.37% | 9.70% | 2.04% | 2.37% | 2.49% | 6.69% | 0.98% |
Monthly Dividends
The table displays the monthly dividend distributions for Thrivent Balanced Income Plus Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.27 | ||
| 2023 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.13 | $0.39 |
| 2022 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.10 | $0.28 |
| 2021 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.90 | $1.02 |
| 2020 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.10 | $0.28 |
| 2019 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.31 |
| 2018 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.89 | $1.12 |
| 2017 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.27 |
| 2016 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.29 |
| 2015 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.29 |
| 2014 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.68 | $0.86 |
| 2013 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.13 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Thrivent Balanced Income Plus Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Thrivent Balanced Income Plus Fund was 43.44%, occurring on Mar 9, 2009. Recovery took 445 trading sessions.
The current Thrivent Balanced Income Plus Fund drawdown is 0.21%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -43.44% | Oct 15, 2007 | 351 | Mar 9, 2009 | 445 | Dec 10, 2010 | 796 |
| -27.4% | Feb 13, 2020 | 27 | Mar 23, 2020 | 159 | Nov 5, 2020 | 186 |
| -23.38% | Feb 5, 2001 | 418 | Oct 9, 2002 | 547 | Dec 13, 2004 | 965 |
| -18.18% | Nov 10, 2021 | 234 | Oct 14, 2022 | 416 | Jun 12, 2024 | 650 |
| -17.19% | May 3, 2011 | 107 | Oct 3, 2011 | 239 | Sep 14, 2012 | 346 |
Volatility
Volatility Chart
The current Thrivent Balanced Income Plus Fund volatility is 1.34%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.