Thornburg Better World International Fund Class A (TBWAX)
| Fund Assets | 472.30M |
| Expense Ratio | 1.42% |
| Min. Investment | $5,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 0.99% |
| Dividend Growth | 62.65% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2025 |
| Previous Close | 22.73 |
| YTD Return | 3.30% |
| 1-Year Return | 11.51% |
| 5-Year Return | 22.60% |
| 52-Week Low | 20.20 |
| 52-Week High | 23.37 |
| Beta (5Y) | 0.74 |
| Holdings | 52 |
| Inception Date | Sep 30, 2015 |
About TBWAX
The Thornburg Better World International Fund Class A is an international equity mutual fund focused on long-term capital appreciation by investing primarily in socially and environmentally impactful companies outside the United States. This fund seeks to deliver positive change by targeting firms that exhibit significant environmental, social, and governance (ESG) characteristics, integrating both growth and value investment styles across diverse sectors and market capitalizations. The portfolio typically consists of a mix of developed and emerging market equities, with a rigorous fundamental analysis guiding security selection. Its benchmark is the MSCI All Country World ex USA Index, emphasizing its global scope beyond domestic holdings. Thornburg Better World International Fund Class A is notable for its high active share and a concentrated approach, with a substantial proportion of assets in its top holdings. By focusing on ESG criteria, the fund aims to align financial goals with broader societal and environmental objectives, making it a distinctive player in the foreign large blend mutual fund category.
Performance
TBWAX had a total return of 11.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.57%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FTAEX | Fidelity | Fidelity Advisor Total Intl Equity A | 1.20% |
| FTEIX | Fidelity | Fidelity Advisor Total Intl Equity I | 0.95% |
| FTCEX | Fidelity | Fidelity Advisor Total Intl Equity C | 1.95% |
| FTIEX | Fidelity | Fidelity Total International Equity Fund | 0.91% |
| FIEZX | Fidelity | Fidelity Advisor Total Intl Equity Z | 0.80% |
Top 10 Holdings
35.45% of assets| Name | Symbol | Weight |
|---|---|---|
| BNP Paribas SA | BNP | 4.09% |
| Thornburg Capital Management | n/a | 3.93% |
| Mitsubishi UFJ Financial Group, Inc. | 8306 | 3.72% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 3.63% |
| Schneider Electric S.E. | SU | 3.55% |
| ING GROEP NV COMMON STOCK EUR.01 | BNP.18 06.22.23 000N | 3.40% |
| Iberdrola, S.A. | IBE | 3.37% |
| Endesa, S.A. | ELE | 3.35% |
| Mitsubishi Electric Corporation | 6503 | 3.22% |
| Enel SpA | ENEL | 3.19% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2025 | $0.23508 | Dec 18, 2025 |
| Dec 19, 2024 | $0.14453 | Dec 19, 2024 |
| Dec 14, 2023 | $0.17651 | Dec 14, 2023 |
| Dec 15, 2022 | $0.04453 | Dec 15, 2022 |
| Nov 18, 2021 | $2.8634 | Nov 18, 2021 |
| Dec 20, 2019 | $0.09052 | Dec 20, 2019 |