- What does TCPB invest in?
- TCPB is designed to provide broad exposure to the global fixed income market. It upholds its core claim by investing in a variety of US and foreign debt securities, of any maturity, including corporate and government bonds, asset- and mortgage-back securities, preferred stocks, and other income-producing debt securities. The fund primarily holds investment grades but may allocate up to 30% in high yield. It may also invest in USD-denominated foreign debt without limitation on top of holding foreign securities. In selecting constituents, the fund uses fundamental and other investment research techniques to assess a securitys value. Since the fund is actively managed, investment decisions are at the discretion of the adviser. TCPB may also utilize derivatives including US treasury future contracts to manage the funds duration and interest risk. The fund seeks a high level of current income.
- What is the expense ratio of TCPB?
- Thrivent Core Plus Bond ETF (TCPB) charges an expense ratio of 0.39%. This is the annual fee deducted from fund assets to cover management and operations.
- What is TCPB's dividend yield?
- TCPB's trailing-twelve-month yield is 4.85%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of TCPB?
- Effective duration measures TCPB's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. TCPB's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of TCPB?
- TCPB's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of TCPB?
- Yield to maturity (YTM) is the total return you'd earn from TCPB if every bond in the portfolio is held to maturity at the current price. TCPB's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
