Thornburg Small/Mid Cap Growth Fund Class R4 (TCGRX)
| Fund Assets | 208.68M |
| Expense Ratio | 1.36% |
| Min. Investment | $2,500,000 |
| Turnover | 32.58% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 30.39 |
| YTD Return | -3.52% |
| 1-Year Return | 3.93% |
| 5-Year Return | -9.29% |
| 52-Week Low | 23.37 |
| 52-Week High | 33.51 |
| Beta (5Y) | n/a |
| Holdings | 43 |
| Inception Date | Feb 1, 2007 |
About TCGRX
Thornburg Small/Mid Cap Growth Fund Class R4 is an actively managed mutual fund that focuses on U.S. small- and mid-capitalization companies with high growth potential. Its primary objective is long-term capital appreciation, achieved by selecting equity securities of firms believed to offer above-average earnings or revenue growth. The portfolio is diversified across a range of sectors, but often features significant exposure to industries like technology, healthcare, and consumer discretionary, reflecting the dynamic nature of small and mid-sized growth companies. The fund is benchmarked against the Russell 2500 Growth Index, providing investors with a reference for performance relative to the broader small and mid-cap growth universe. Thornburg’s investment team applies fundamental analysis to identify companies demonstrating strong business models, competitive advantages, and innovative capabilities. With a relatively high active share, the fund distinguishes itself through its stock selection strategy rather than closely tracking its benchmark. Thornburg Small/Mid Cap Growth Fund Class R4 plays a key role in providing diversified exposure to a segment of the U.S. equity market that can offer substantial growth opportunities, albeit with greater volatility than large-cap stocks.
Performance
TCGRX had a total return of 3.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.08%.
Top 10 Holdings
35.06% of assets| Name | Symbol | Weight |
|---|---|---|
| Casella Waste Systems, Inc. | CWST | 4.90% |
| CyberArk Software Ltd. | CYBR | 4.12% |
| Vertiv Holdings Co | VRT | 3.62% |
| On Holding AG | ONON | 3.46% |
| Agilysys, Inc. | AGYS | 3.39% |
| SharkNinja, Inc. | SN | 3.29% |
| monday.com Ltd. | MNDY | 3.20% |
| Ryan Specialty Holdings, Inc. | RYAN | 3.06% |
| Argan, Inc. | AGX | 3.05% |
| StandardAero, Inc. | SARO | 2.98% |