Thornburg Better World International Fund Class C (TBWCX)
| Fund Assets | 503.21M |
| Expense Ratio | 2.19% |
| Min. Investment | $5,000 |
| Turnover | 60.57% |
| Dividend (ttm) | 0.00 |
| Dividend Yield | 0.01% |
| Dividend Growth | -96.96% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 19.80 |
| YTD Return | 13.86% |
| 1-Year Return | 11.44% |
| 5-Year Return | 54.80% |
| 52-Week Low | 16.52 |
| 52-Week High | 20.04 |
| Beta (5Y) | n/a |
| Holdings | 56 |
| Inception Date | Oct 1, 2015 |
About TBWCX
Thornburg Better World International Fund Class C is an actively managed international equity mutual fund focused on investing in companies with significant social and environmental impact. The fund seeks capital preservation and long-term appreciation by selecting equities and depositary receipts of firms located primarily in developed and emerging markets outside the United States. It employs a bottom-up investment process, emphasizing stock selection in pursuit of strong returns while maintaining high active share relative to its benchmark, the MSCI ACWI ex-U.S. Index. With a focus on large- and mid-cap companies, the fund's portfolio typically comprises over 50 holdings, covering a variety of sectors and geographies, but with an overarching commitment to responsible investment themes. The fund is categorized within the Foreign Large Blend segment by Morningstar, reflecting its broad, diversified exposure among non-U.S. equities. Managed by Thornburg Investment Management, the fund appeals to investors and institutions seeking to align international equity exposure with sustainability objectives and global impact considerations.
Performance
TBWCX had a total return of 11.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.71%.
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 International Equity Fund - Class A | 1.20% |
| FTEIX | Fidelity | Fidelity Advisor Total International Equity Fund - Class I | 0.95% |
| FTCEX | Fidelity | Fidelity Advisor Total International Equity Fund - Class C | 1.95% |
| FTIEX | Fidelity | Fidelity Total International Equity Fund | 0.95% |
| FIEZX | Fidelity | Fidelity Advisor Total International Equity Fund - Class Z | 0.80% |
Top 10 Holdings
33.56% of assets| Name | Symbol | Weight |
|---|---|---|
| Thornburg Capital Management | n/a | 5.04% |
| Mitsubishi UFJ Financial Group, Inc. | 8306 | 3.36% |
| BNP Paribas SA | BNP | 3.35% |
| L'Oréal S.A. | OR | 3.35% |
| Canadian Pacific Kansas City Limited | CP | 3.17% |
| Enel SpA | ENEL | 3.17% |
| Hitachi, Ltd. | 6501 | 3.08% |
| Linde plc | LIN | 3.07% |
| Samsung Electronics Co., Ltd. | 005930 | 3.03% |
| Danone S.A. | BN | 2.94% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.00193 | Dec 19, 2024 |
| Dec 14, 2023 | $0.06355 | Dec 14, 2023 |
| Nov 18, 2021 | $2.8634 | Nov 18, 2021 |
| Dec 20, 2019 | $0.00965 | Dec 20, 2019 |
| Dec 21, 2018 | $0.03771 | Dec 21, 2018 |
| Nov 15, 2018 | $0.96521 | Nov 15, 2018 |