Thornburg International Value B
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
-11.7%
3 Yr Avg Return
0.7%
5 Yr Avg Return
0.6%
Net Assets
$7.77 B
Holdings in Top 10
34.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.24%
SALES FEES
Front Load N/A
Deferred Load 5.00%
TRADING FEES
Turnover 70.88%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000
IRA
$2,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
THGBX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return -0.2%
- 5 Yr Annualized Total Return 0.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.14%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameThornburg International Value Fund
-
Fund Family NameThornburg
-
Inception DateApr 03, 2000
-
Shares OutstandingN/A
-
Share ClassB
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerLei Wang
Fund Description
THGBX - Performance
Return Ranking - Trailing
Period | THGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -31.4% | 21.6% | N/A |
1 Yr | -11.7% | -95.7% | 2.0% | N/A |
3 Yr | 0.7%* | -63.0% | 8.8% | N/A |
5 Yr | 0.6%* | -46.7% | 19.8% | N/A |
10 Yr | 2.5%* | -0.6% | 13.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | THGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -93.5% | -7.9% | N/A |
2022 | N/A | 3.9% | 27.6% | N/A |
2021 | N/A | -9.2% | 208.8% | N/A |
2020 | N/A | -16.2% | 5.0% | N/A |
2019 | N/A | -17.8% | 0.2% | N/A |
Total Return Ranking - Trailing
Period | THGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -7.8% | 21.6% | N/A |
1 Yr | -15.4% | -26.6% | 5.3% | N/A |
3 Yr | -0.2%* | -5.3% | 10.0% | N/A |
5 Yr | 0.3%* | -7.6% | 25.2% | N/A |
10 Yr | 2.5%* | -0.6% | 18.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | THGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -32.4% | -6.6% | N/A |
2022 | N/A | 3.9% | 30.1% | N/A |
2021 | N/A | -7.3% | 219.6% | N/A |
2020 | N/A | -14.1% | 6.9% | N/A |
2019 | N/A | -17.8% | 1.7% | N/A |
THGBX - Holdings
Concentration Analysis
THGBX | Category Low | Category High | THGBX % Rank | |
---|---|---|---|---|
Net Assets | 7.77 B | 1.21 M | 29.7 B | N/A |
Number of Holdings | 60 | 2 | 5336 | N/A |
Net Assets in Top 10 | 2.68 B | 728 K | 7.88 B | N/A |
Weighting of Top 10 | 34.35% | 5.7% | 100.0% | N/A |
Top 10 Holdings
- Thornburg Capital Management 9.46%
- Novartis AG 3.23%
- Total SA 3.21%
- Nestle SA 3.12%
- Nippon Telegraph & Telephone Corp 3.03%
- East Japan Railway Co 2.82%
- UBS Group AG 2.40%
- Seven & i Holdings Co Ltd 2.37%
- Atlantia SpA 2.37%
- Aviva PLC 2.34%
Asset Allocation
Weighting | Return Low | Return High | THGBX % Rank | |
---|---|---|---|---|
Stocks | 90.48% | 2.88% | 100.97% | N/A |
Cash | 9.04% | -1.27% | 33.82% | N/A |
Other | 0.38% | 0.00% | 5.76% | N/A |
Bonds | 0.09% | 0.00% | 63.29% | N/A |
Preferred Stocks | 0.00% | 0.00% | 4.38% | N/A |
Convertible Bonds | 0.00% | 0.00% | 0.19% | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | THGBX % Rank | |
---|---|---|---|---|
Financial Services | 15.68% | 0.11% | 37.58% | N/A |
Healthcare | 13.38% | 0.53% | 18.92% | N/A |
Industrials | 13.34% | 0.62% | 30.11% | N/A |
Consumer Cyclical | 11.25% | 0.54% | 23.94% | N/A |
Consumer Defense | 9.80% | 0.55% | 30.81% | N/A |
Energy | 7.04% | 0.00% | 13.67% | N/A |
Technology | 6.75% | 0.05% | 25.89% | N/A |
Communication Services | 5.54% | 0.00% | 17.38% | N/A |
Basic Materials | 4.18% | 0.02% | 17.40% | N/A |
Utilities | 2.53% | 0.00% | 8.68% | N/A |
Real Estate | 0.00% | 0.00% | 6.71% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | THGBX % Rank | |
---|---|---|---|---|
Non US | 88.36% | 4.61% | 100.19% | N/A |
US | 2.12% | -1.73% | 60.94% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | THGBX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 0.04% | -4.69% | 97.12% | N/A |
Derivative | 0.00% | -0.34% | 5.09% | N/A |
Securitized | 0.00% | 0.00% | 0.00% | N/A |
Corporate | 0.00% | 0.00% | 4.38% | N/A |
Municipal | 0.00% | 0.00% | 0.00% | N/A |
Government | 0.00% | 0.00% | 3.52% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | THGBX % Rank | |
---|---|---|---|---|
US | 0.09% | 0.00% | 63.29% | N/A |
Non US | 0.00% | 0.00% | 0.00% | N/A |
THGBX - Expenses
Operational Fees
THGBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.24% | 0.01% | 3.21% | N/A |
Management Fee | 0.70% | 0.00% | 1.28% | N/A |
12b-1 Fee | 1.00% | 0.00% | 1.00% | N/A |
Administrative Fee | 0.13% | 0.00% | 0.50% | N/A |
Sales Fees
THGBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.08% | 5.75% | N/A |
Deferred Load | 5.00% | 1.00% | 5.00% | N/A |
Trading Fees
THGBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.08% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
THGBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 70.88% | 2.00% | 224.00% | N/A |
THGBX - Distributions
Dividend Yield Analysis
THGBX | Category Low | Category High | THGBX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.06% | N/A |
Dividend Distribution Analysis
THGBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Annually |
Net Income Ratio Analysis
THGBX | Category Low | Category High | THGBX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.14% | 0.03% | 4.48% | N/A |
Capital Gain Distribution Analysis
THGBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 24, 2016 | $0.025 | |
Sep 24, 2015 | $0.014 | |
Jun 24, 2015 | $0.003 | |
Sep 24, 2014 | $0.071 | |
Sep 24, 2013 | $0.012 | |
Jun 24, 2013 | $0.093 | |
Sep 24, 2012 | $0.025 | |
Jun 25, 2012 | $0.100 | |
Sep 26, 2011 | $0.032 | |
Jun 24, 2011 | $0.108 | |
Sep 24, 2010 | $0.019 | |
Jun 25, 2010 | $0.045 | |
Sep 25, 2009 | $0.002 | |
Jun 26, 2009 | $0.071 | |
Dec 26, 2008 | $0.003 | |
Sep 26, 2008 | $0.074 | |
Jun 26, 2008 | $0.074 | |
Sep 26, 2007 | $0.053 | |
Jun 26, 2007 | $0.010 | |
Dec 26, 2006 | $0.013 | |
Sep 27, 2006 | $0.056 | |
Sep 30, 2005 | $0.020 | |
Jun 29, 2001 | $0.098 | |
Dec 29, 2000 | $0.764 | |
Sep 29, 2000 | $0.361 | |
Jun 30, 2000 | $0.168 |
THGBX - Fund Manager Analysis
Managers
Lei Wang
Start Date
Tenure
Tenure Rank
Feb 01, 2006
10.5
10.5%
Lei Wang is portfolio manager for Thornburg Investment Management. He joined Thornburg Investment Management in 2004 as associate portfolio manager and was promoted to portfolio manager in 2006. Lei holds a BA and an MA from East China Normal University and an MBA from New York University. He is a CFA charterholder. Prior to joining Thornburg, he served as an associate for Deutsche Bank as well as for Enso Capital Management. He has also worked as a bank supervision manager at China’s central bank.
Di Zhou
Start Date
Tenure
Tenure Rank
Dec 08, 2015
0.65
0.7%
Di Zhou is portfolio manager for Thornburg Investment Management. She joined Thornburg in 2010 as an equity research analyst and was promoted to associate portfolio manager in 2014, then to portfolio manager in 2015. Di holds a BA in business administration from University of Southern California and an MBA from the University of Chicago’s Booth School of Business. She is a CFA charterholder and a certified Financial Risk Manager (FRM). Prior to graduate school, Di was a senior associate at Wilshire Associates, covering growth equity and fixed income manager research.
William V. Fries
Start Date
Tenure
Tenure Rank
May 28, 1998
18.19
18.2%
Bill Fries is portfolio manager for Thornburg Investment Management. He joined the firm in 1995 as the founding portfolio manager for Thornburg’s first equity strategy. Bill was named Morningstar’s 2003 International Fund Manager of the Year. He was also recognized with the Excellence in Fund Management Award by BusinessWeek Magazine/Standard & Poor’s in both 2004 and 2005. He was again acknowledged in 2006 with the Excellence in Fund Management Award and in 2012 with a Lipper Award.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.0 | 26.06 | 6.25 | 0.33 |