# Thrivent Core Plus Bond ETF (TCPB): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tcpb for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Thrivent · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 2025-02-19 This ETF aims to offer extensive access to the global fixed-income market. To achieve this, it allocates capital across a wide range of U.S. and international debt instruments, irrespective of their maturity. These holdings may include corporate and government bonds, asset-backed and mortgage-backed securities, preferred shares, and other income-generating debt products. While primarily composed of investment-grade assets, the portfolio may dedicate up to 30% to higher-yielding, lower-rated debt. The fund can also hold foreign securities, including an unlimited allocation to USD-denominated... ## Key Facts | Metric | Value | |---|---| | Price | $49.07 | | Expense Ratio | 0.39% | | Assets Under Management | $491.6M | | NAV | $48.66 | | Holdings Count | 561 | | Distribution Yield (TTM) | 4.89% | | Annual Distribution (TTM) | $2.40 /share | | Distribution Frequency | Monthly | | 52-Week Range | $47.92 – $52.24 | | Beta | 0.07 | ## Latest Distribution - Amount: $0.1648 /share - Ex-date: 2026-09-29 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does TCPB invest in? This ETF aims to offer extensive access to the global fixed-income market. To achieve this, it allocates capital across a wide range of U.S. and international debt instruments, irrespective of their maturity. These holdings may include corporate and government bonds, asset-backed and mortgage-backed securities, preferred shares, and other income-generating debt products. While primarily composed of investment-grade assets, the portfolio may dedicate up to 30% to higher-yielding, lower-rated debt. The fund can also hold foreign securities, including an unlimited allocation to USD-denominated foreign debt. The selection of its underlying assets is driven by fundamental analysis and other investment research methodologies, employed to determine a security's intrinsic worth. Given its active management approach, all investment choices are made at the sole discretion of the adviser. To effectively manage its portfolio's duration and mitigate interest rate fluctuations, TCPB has the option to employ derivative instruments, such as U.S. Treasury futures contracts. A key objective of this fund is to generate substantial 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 4.89%, 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. ### Does TCPB pay a dividend? Yes, Thrivent Core Plus Bond ETF (TCPB) distributes dividends to shareholders. The trailing-twelve-month yield is 4.89%. Full dividend history is on this page. ### How often does TCPB pay dividends? Thrivent Core Plus Bond ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is TCPB's next ex-dividend date? The most recently announced ex-dividend date for TCPB was 2026-09-29. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will TCPB's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.39% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does TCPB charge its expense ratio? The expense ratio is deducted in tiny daily slices from TCPB's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does TCPB cost more than a fund like VOO? TCPB is actively managed (current expense ratio 0.39%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether TCPB's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to TCPB? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as TCPB (0.39%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/tcpb - Distribution history: https://www.dividenddata.com/funds/tcpb/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tcpb/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tcpb/expenses - Peer comparison: https://www.dividenddata.com/funds/tcpb/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.