Thornburg Focus Growth R4 (TCGRX)

Fund Assets	227.04M
Expense Ratio	1.20%
Min. Investment	$2,500,000
Turnover	34.06%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	36.83
YTD Return	13.28%
1-Year Return	20.10%
5-Year Return	-8.43%
52-Week Low	29.10
52-Week High	38.39
Beta (5Y)	1.00
Holdings	44
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.

• Fund Family: Thornburg
• Category: Mid-Cap Growth
• Performance Rating: Below Average
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: TCGRX
• Share Class: - Class R4
• Index: Russell 2500 Growth TR

Performance

TCGRX had a total return of 20.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.92%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
THGRX	- Class R5	0.95%
THIGX	- Class I	0.95%
THCGX	- Class A	1.44%
THCRX	- Class R3	1.45%

Top 10 Holdings

48.58% of assets

Name	Symbol	Weight
Alphabet Inc.	GOOGL	10.97%
Microsoft Corporation	MSFT	7.50%
Broadcom Inc.	AVGO	5.93%
Credo Technology Group Holding Ltd	CRDO	5.28%
Lam Research Corporation	LRCX	3.42%
SiTime Corporation	SITM	3.38%
Mastercard Incorporated	MA	3.17%
Meta Platforms, Inc.	META	2.98%
Royalty Pharma plc	RPRX	2.98%
Repligen Corporation	RGEN	2.97%

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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