Thrivent Dynamic Allocation Class S (IBBFX)
| Fund Assets | 459.03M |
| Expense Ratio | 0.74% |
| Min. Investment | $2,000 |
| Turnover | 78.00% |
| Dividend (ttm) | 1.09 |
| Dividend Yield | 7.36% |
| Dividend Growth | 59.87% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 14.86 |
| YTD Return | 5.07% |
| 1-Year Return | 12.18% |
| 5-Year Return | 29.94% |
| 52-Week Low | 14.01 |
| 52-Week High | 15.08 |
| Beta (5Y) | 0.54 |
| Holdings | 997 |
| 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.
Performance
IBBFX had a total return of 12.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.93%.
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
47.51% of assets| Name | Symbol | Weight |
|---|---|---|
| Thrivent Core Fds | n/a | 8.13% |
| Thrivent Core Investment Grd Corp Bd | n/a | 7.16% |
| Thrivent Core Fds | n/a | 7.13% |
| Thrivent Core High Yield Bond | n/a | 5.46% |
| Thrivent Core Fds | n/a | 5.10% |
| 5 Year Treasury Note Future Sept 26 | n/a | 3.79% |
| 2 Year Treasury Note Future Sept 26 | n/a | 3.13% |
| E-mini S&P 500 Future June 26 | n/a | 2.88% |
| State Street U.S. Government Money Market Portfolio | GVMXX | 2.37% |
| MSCI Emerging Markets Index Future June 26 | n/a | 2.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Jun 30, 2025 | $0.10444 | Jun 30, 2025 |