Morningstar

Thornburg Better World International A TBWAX

Morningstar Medalist Rating
Medalist Rating as of | See Thornburg Investment Hub
  • NAV / 1-Day Return 19.20  /  −0.67 %
  • Total Assets 570.2 Mil
  • Adj. Expense Ratio
    1.600%
  • Expense Ratio 1.600%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Foreign Large Blend
  • Investment Style Large Growth
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield 0.91%
  • Turnover 141%

USD | NAV as of Oct 02, 2024 | 1-Day Return as of Oct 02, 2024, 10:28 PM GMT+0

Morningstar’s Analysis TBWAX

Will TBWAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TBWAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the TBWAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of TBWAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Thornburg Better World International A's Process Pillar is partially offset by an Average People Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings TBWAX

More TBWAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 32.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Thornburg Capital Management

6.02 34.9 Mil
—

Sony Group Corp

3.40 19.8 Mil
Technology

Hitachi Ltd

3.09 17.9 Mil
Industrials

Constellation Software Inc

3.06 17.8 Mil
Technology

Linde PLC

3.06 17.7 Mil
Basic Materials

Canadian Pacific Kansas City Ltd

3.00 17.4 Mil
Industrials

Roche Holding AG

3.00 17.4 Mil
Healthcare

Mitsubishi UFJ Financial Group Inc

2.78 16.1 Mil
Financial Services

SAP SE

2.76 16.0 Mil
Technology

L'Oreal SA

2.74 15.9 Mil
Consumer Defensive

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