Thornburg Focus Growth R4 (TCGRX)
| Fund Assets | 237.47M |
| 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 | 36.45 |
| YTD Return | 11.63% |
| 1-Year Return | 20.14% |
| 5-Year Return | -7.92% |
| 52-Week Low | 29.10 |
| 52-Week High | 36.96 |
| 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.
Performance
TCGRX had a total return of 20.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.88%.
Top 10 Holdings
48.48% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 9.92% |
| Alphabet Inc. | GOOGL | 7.45% |
| Broadcom Inc. | AVGO | 6.94% |
| Credo Technology Group Holding Ltd | CRDO | 4.77% |
| Meta Platforms, Inc. | META | 4.76% |
| Mastercard Incorporated | MA | 3.30% |
| Royalty Pharma plc | RPRX | 2.89% |
| Thornburg Capital Management | n/a | 2.87% |
| SiTime Corporation | SITM | 2.81% |
| Argan, Inc. | AGX | 2.76% |