Thrivent Balanced Income Plus Fund (AABFX)

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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.

Thrivent Balanced Income Plus Fund (AABFX) has returned -2.16% so far this year and 9.39% over the past 12 months. Over the last ten years, AABFX has returned 6.18% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Dec 29, 1997, AABFX's average daily return is +0.02%, while the average monthly return is +0.43%. At this rate, your investment would double in approximately 13.5 years.

Historically, 61% of months were positive and 39% were negative. The best month was Oct 2011 with a return of +9.1%, while the worst month was Oct 2008 at -14.5%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, AABFX closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +7.5%, while the worst single day was Dec 12, 2013 at -10.8%.

Thrivent Balanced Income Plus Fund has an annualized alpha of 0.50%, beta of 0.56, and R² of 0.84 versus S&P 500 Index. Calculated based on daily prices since December 30, 1997.

• This fund participated in 63.96% of S&P 500 Index downside but only 56.50% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.56 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

AABFX has a high expense ratio of 1.00%, indicating above-average management fees.

AABFX ranks 70 for risk / return — better than 70% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Thrivent Balanced Income Plus Fund (AABFX) and compare them to a chosen benchmark (S&P 500 Index).

Thrivent Balanced Income Plus Fund provided a 6.76% dividend yield over the last twelve months, with an annual payout of $0.95 per share. The fund has been increasing its distributions for 3 consecutive years.

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.

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.

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 452 trading sessions.

The current Thrivent Balanced Income Plus Fund drawdown is 5.06%.

The chart below shows the rolling one-month volatility.