# Thrivent Ultra Short Bond ETF (TUSB): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tusb 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 Thrivent ETF Trust - Thrivent Ultra Short Bond ETF is an exchange traded fund launched and managed by Thrivent Asset Management, LLC. The fund invests in fixed income markets of the United States. It invests in investment grade debt securities that are rated at or above BBB- by S&P, or Baa3 by Moody’s. The fund invests in dollar-weighted average maturity of two years or less. The fund employs fundamental analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Bloomberg Short-Term Government/Corporate Index and the Bloomberg U.S. Aggregate B... ## Key Facts | Metric | Value | |---|---| | Price | $50.54 | | Expense Ratio | 0.20% | | Assets Under Management | $204.9M | | NAV | $50.45 | | Holdings Count | 463 | | Distribution Yield (TTM) | 4.16% | | Annual Distribution (TTM) | $2.10 /share | | Distribution Frequency | Monthly | | 52-Week Range | $50.05 – $55.23 | | Beta | 0.03 | ## Latest Distribution - Amount: $0.1344 /share - Ex-date: 2026-09-29 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does TUSB invest in? Thrivent ETF Trust - Thrivent Ultra Short Bond ETF is an exchange traded fund launched and managed by Thrivent Asset Management, LLC. The fund invests in fixed income markets of the United States. It invests in investment grade debt securities that are rated at or above BBB- by S&P, or Baa3 by Moody’s. The fund invests in dollar-weighted average maturity of two years or less. The fund employs fundamental analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Bloomberg Short-Term Government/Corporate Index and the Bloomberg U.S. Aggregate Bond Index. Thrivent ETF Trust - Thrivent Ultra Short Bond ETF was formed on February 19, 2025 and is domiciled in the United States. ### What is the expense ratio of TUSB? Thrivent Ultra Short Bond ETF (TUSB) charges an expense ratio of 0.20%. This is the annual fee deducted from fund assets to cover management and operations. ### What is TUSB's dividend yield? TUSB's trailing-twelve-month yield is 4.16%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of TUSB? Effective duration measures TUSB's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. TUSB's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of TUSB? TUSB'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 TUSB? Yield to maturity (YTM) is the total return you'd earn from TUSB if every bond in the portfolio is held to maturity at the current price. TUSB'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 TUSB pay a dividend? Yes, Thrivent Ultra Short Bond ETF (TUSB) distributes dividends to shareholders. The trailing-twelve-month yield is 4.16%. Full dividend history is on this page. ### How often does TUSB pay dividends? Thrivent Ultra Short 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 TUSB's next ex-dividend date? The most recently announced ex-dividend date for TUSB 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 TUSB's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.20% 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 TUSB charge its expense ratio? The expense ratio is deducted in tiny daily slices from TUSB'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 TUSB cost more than a fund like VOO? TUSB is actively managed (current expense ratio 0.20%). 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 TUSB's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to TUSB? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as TUSB (0.20%) 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/tusb - Distribution history: https://www.dividenddata.com/funds/tusb/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tusb/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tusb/expenses - Peer comparison: https://www.dividenddata.com/funds/tusb/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.