Thornburg Developing World R6 (TDWRX)
| Fund Assets | 564.74M |
| Expense Ratio | 0.94% |
| Min. Investment | $2,500,000 |
| Turnover | 90.88% |
| Dividend (ttm) | 0.65 |
| Dividend Yield | 2.46% |
| Dividend Growth | 43.56% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 25.51 |
| YTD Return | 17.39% |
| 1-Year Return | 21.26% |
| 5-Year Return | 17.72% |
| 52-Week Low | 19.69 |
| 52-Week High | 26.21 |
| Beta (5Y) | n/a |
| Holdings | 46 |
| Inception Date | Feb 1, 2013 |
About TDWRX
Thornburg Developing World Fund Class R6 is an actively managed mutual fund designed to seek long-term capital appreciation by investing primarily in equities from emerging markets. The fund allocates at least 80% of its net assets to stocks of companies that are either domiciled in or have significant business operations in developing economies, predominantly focusing on Asia and Latin America. This diversified approach aims to capture the region's dynamic growth opportunities while managing risk through a broad portfolio structure. A notable characteristic of this fund is its large growth investment style and relatively high portfolio concentration, with approximately 37% of its assets held within its top ten holdings as of early 2025. Major portfolio positions include leading companies in the technology, communication services, financial, and consumer sectors, such as Taiwan Semiconductor Manufacturing and Naspers. The fund is positioned within the Diversified Emerging Markets Morningstar category and maintains a competitive cost structure, with an expense ratio below the category average. Established in 2013, Thornburg Developing World Fund Class R6 plays a significant role for institutional and retirement plan investors seeking exposure to the long-term potential of emerging market equities through a professionally managed vehicle.
Performance
TDWRX had a total return of 21.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.70%.
Top 10 Holdings
45.57% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 13.02% |
| Naspers Limited | NPN | 7.42% |
| AIA Group Limited | 1299 | 3.73% |
| ICICI Bank Limited | ICICIBANK | 3.30% |
| China Construction Bank Corporation | CICHF | 3.29% |
| Thornburg Capital Management | n/a | 3.12% |
| Arca Continental, S.A.B. de C.V. | AC | 3.09% |
| Bid Corporation Limited | BID | 3.05% |
| SK hynix Inc. | 000660 | 3.01% |
| Alibaba Group Holding Limited | BABAF | 2.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.65178 | Dec 19, 2024 |
| Dec 14, 2023 | $0.45402 | Dec 14, 2023 |
| Dec 15, 2022 | $0.38093 | Dec 15, 2022 |
| Dec 17, 2020 | $0.06541 | Dec 17, 2020 |
| Dec 20, 2019 | $0.32983 | Dec 20, 2019 |
| Dec 21, 2018 | $0.25596 | Dec 21, 2018 |