TVIFX: Thornburg Small/Mid Cap Core Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$103.71

-

0.41%

$0.43

0.84%

Vitals

YTD Return

15.2%

1 yr return

29.4%

3 Yr Avg Return

11.7%

5 Yr Avg Return

13.9%

Net Assets

$870 M

Holdings in Top 10

27.1%

52 WEEK LOW AND HIGH

$102.16
$76.45
$104.29

Expenses

OPERATING FEES

Expense Ratio 0.84%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 20.39%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Large Blend


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$103.71

-

0.41%

$0.43

0.84%

TVIFX - Profile

Distributions

  • YTD Total Return 15.2%
  • 3 Yr Annualized Total Return 11.7%
  • 5 Yr Annualized Total Return 13.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.44%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Thornburg Small/Mid Cap Core Fund
  • Fund Family Name
    Thornburg
  • Inception Date
    Nov 02, 1998
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Steven Klopukh

Fund Description

Under normal conditions, the fund invests at least 80% of its net assets in small- and mid-capitalization companies. The Advisor expects to invest primarily in domestic common stocks. However, the fund may own foreign common stocks which, in the opinion of the fund’s investment advisor, Thornburg Investment Management, Inc. (“Thornburg”), offer prospects for meeting the fund’s investment goals.


TVIFX - Performance

Return Ranking - Trailing

Period TVIFX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.2% -71.0% 45.7% 79.21%
1 Yr 29.4% 5.6% 73.4% 75.52%
3 Yr 11.7%* -2.4% 25.0% 93.67%
5 Yr 13.9%* 3.5% 26.8% 85.44%
10 Yr 13.1%* 4.3% 17.8% 86.47%

* Annualized

Return Ranking - Calendar

Period TVIFX Return Category Return Low Category Return High Rank in Category (%)
2020 11.9% -94.0% 2181.7% 44.18%
2019 28.9% -22.7% 41.1% 13.03%
2018 -10.1% -100.0% 4.6% 31.83%
2017 22.8% -100.0% 33.2% 2.73%
2016 6.1% -44.8% 25.0% 57.20%

Total Return Ranking - Trailing

Period TVIFX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.2% -71.0% 45.7% 79.21%
1 Yr 29.4% 5.6% 73.4% 65.71%
3 Yr 11.7%* -2.4% 26.2% 89.79%
5 Yr 13.9%* 3.5% 26.8% 78.59%
10 Yr 13.1%* 4.3% 17.8% 83.85%

* Annualized

Total Return Ranking - Calendar

Period TVIFX Return Category Return Low Category Return High Rank in Category (%)
2020 11.9% -94.0% 2181.7% 44.18%
2019 28.9% -21.6% 41.1% 13.03%
2018 -10.1% -100.0% 8.2% 57.69%
2017 22.8% -100.0% 33.2% 14.70%
2016 6.1% -13.4% 26.8% 77.99%

NAV & Total Return History


TVIFX - Holdings

Concentration Analysis

TVIFX Category Low Category High TVIFX % Rank
Net Assets 870 M 503 K 1.31 T 52.91%
Number of Holdings 55 2 3980 65.81%
Net Assets in Top 10 233 M -472 M 306 B 47.54%
Weighting of Top 10 27.14% 2.0% 100.0% 76.42%

Top 10 Holdings

  1. Alphabet Inc Class C 6.49%
  2. Nomad Foods Ltd 5.09%
  3. Facebook Inc A 4.97%
  4. JPMorgan Chase & Co 4.79%
  5. Comcast Corp Class A 4.43%
  6. Apple Inc 4.39%
  7. Alibaba Group Holding Ltd ADR 4.36%
  8. Thermo Fisher Scientific Inc 4.14%
  9. Thornburg Capital Management 4.00%
  10. Quanta Services Inc 3.94%

Asset Allocation

Weighting Return Low Return High TVIFX % Rank
Stocks
99.65% 0.00% 139.05% 43.85%
Cash
0.34% -93.93% 50.07% 53.24%
Preferred Stocks
0.00% 0.00% 3.21% 73.02%
Other
0.00% -15.82% 100.00% 72.35%
Convertible Bonds
0.00% 0.00% 8.52% 71.23%
Bonds
0.00% 0.00% 87.09% 73.13%

Stock Sector Breakdown

Weighting Return Low Return High TVIFX % Rank
Technology
23.47% 0.00% 77.07% 54.71%
Industrials
18.26% 0.00% 62.11% 7.78%
Financial Services
13.37% 0.00% 67.99% 61.76%
Healthcare
10.64% 0.00% 59.20% 85.67%
Basic Materials
9.59% 0.00% 30.96% 2.65%
Consumer Cyclical
9.11% 0.00% 53.38% 76.20%
Consumer Defense
4.48% 0.00% 50.98% 83.93%
Communication Services
3.67% 0.00% 44.59% 89.57%
Real Estate
2.87% 0.00% 84.43% 35.03%
Utilities
2.44% 0.00% 31.26% 46.19%
Energy
2.08% 0.00% 19.56% 54.03%

Stock Geographic Breakdown

Weighting Return Low Return High TVIFX % Rank
US
92.90% 0.00% 134.83% 70.67%
Non US
6.75% 0.00% 63.63% 23.02%

TVIFX - Expenses

Operational Fees

TVIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.84% 0.01% 4.53% 37.37%
Management Fee 0.86% 0.00% 2.00% 92.59%
12b-1 Fee N/A 0.00% 1.00% 11.99%
Administrative Fee 0.10% 0.00% 0.95% 54.57%

Sales Fees

TVIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

TVIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% 66.91%

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.

TVIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 20.39% 0.00% 363.00% 34.55%

TVIFX - Distributions

Dividend Yield Analysis

TVIFX Category Low Category High TVIFX % Rank
Dividend Yield 0.41% 0.00% 1.97% 73.01%

Dividend Distribution Analysis

TVIFX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Semi-Annually Monthly Monthly

Net Income Ratio Analysis

TVIFX Category Low Category High TVIFX % Rank
Net Income Ratio 0.44% -2.09% 2.65% 76.37%

Capital Gain Distribution Analysis

TVIFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually

Dividend Payout History

View More +

TVIFX - Fund Manager Analysis

Managers

Steven Klopukh


Start Date

Tenure

Tenure Rank

Dec 18, 2020

0.7

0.7%

Steven Klopukh is portfolio manager at Thornburg Investment Management. He joined the firm in 2020 to lead Thornburg’s small- and mid-cap investment strategies. Prior to Thornburg, Steven worked at Allianz Global Investors, where he spent 18 years, most recently as a director and lead portfolio manager U.S. Small- & Mid-Cap Growth team. While at Allianz Global Investors, Steven managed the top-performing AllianzGI Mid-Cap Fund as lead portfolio manager since 2014. With over 20 years of investment industry experience, Steven was also vice president and fundamental equity analyst at CDC Investment Management Corp., where he collaborated on quantitatively enhanced, risk targeted large-cap core and market-neutral equity strategies. Before that, he was in the investment banking associate program at Morgan Stanley Dean Witter, where he was involved in M&A, debt and equity capital raising, and consumer products corporate finance. Steven has a BS, magna cum laude, from Fairleigh Dickinson University and an MBA with honors from the University of Chicago Booth School of Business. He is also a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 38.28 6.55 1.67