Thrivent Dynamic Allocation Class S (IBBFX)

Fund Assets	444.95M
Expense Ratio	0.74%
Min. Investment	$2,000
Turnover	78.00%
Dividend (ttm)	0.46
Dividend Yield	3.15%
Dividend Growth	5.49%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 30, 2026

Previous Close	14.61
YTD Return	4.73%
1-Year Return	6.92%
5-Year Return	28.10%
52-Week Low	14.01
52-Week High	15.10
Beta (5Y)	0.54
Holdings	1017
Inception Date	Dec 29, 1997

About IBBFX

Thrivent Dynamic Allocation Fund Class S is a diversified mutual fund designed to achieve long-term total returns by balancing income generation with the potential for capital growth. The fund utilizes a dynamic asset allocation strategy, typically investing 25-65% of its assets in equity securities for growth potential, and 35-75% in debt securities to provide income and stability. Its portfolio construction includes a mix of direct investments in domestic and international equities, fixed income instruments—including high-yield and emerging markets debt—and positions in futures and other funds managed by the adviser. This balanced approach allows the fund to diversify across sectors and asset classes, aiming to reduce volatility while capitalizing on different market opportunities. Managed by an experienced investment team, this no-load share class appeals to investors seeking a flexible, actively managed solution for both growth and income objectives within a moderately conservative allocation framework. The fund’s strategy supports its role as a core holding for those looking for diversified exposure and risk management across multiple market environments.

• Fund Family: Thrivent
• Category: Allocation--30% to 50% Equity
• Performance Rating: Above Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: IBBFX
• Share Class: Class S
• Index: Bloomberg US MBS TR

Performance

IBBFX had a total return of 6.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.86%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
AABFX	Class A	0.99%

Top 10 Holdings

44.31% of assets

Name	Symbol	Weight
Thrivent International Large Cap ETF	TILC	8.53%
Thrivent Core Investment Grd Corp Bd	n/a	7.09%
Thrivent Core Fds	n/a	5.48%
Thrivent Core High Yield Bond	n/a	5.45%
Thrivent Core Fds	n/a	5.11%
5 Year Treasury Note Future Dec 26	n/a	3.57%
State Street Instl US Govt MMkt Premier	GVMXX	2.65%
MSCI Emerging Markets Index Future Sept 26	n/a	2.33%
E-mini S&P 500 Future Sept 26	n/a	2.10%
2 Year Treasury Note Future Dec 26	n/a	2.01%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.10103	Sep 30, 2026
Jun 30, 2026	$0.1307	Jun 30, 2026
Mar 31, 2026	$0.09103	Mar 31, 2026
Dec 30, 2025	$0.13871	Dec 30, 2025
Dec 11, 2025	$0.6314	Dec 11, 2025
Sep 30, 2025	$0.1016	Sep 30, 2025

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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