Thornburg Developing World R6 (TDWRX)

Fund Assets	676.23M
Expense Ratio	0.946%
Min. Investment	$1,000
Turnover	n/a
Dividend (ttm)	0.98
Dividend Yield	3.17%
Dividend Growth	49.64%
Payout Frequency	Annual
Ex-Dividend Date	Dec 18, 2025

Previous Close	30.34
YTD Return	12.83%
1-Year Return	15.09%
5-Year Return	17.13%
52-Week Low	26.04
52-Week High	35.50
Beta (5Y)	0.89
Holdings	47
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.

• Fund Family: Thornburg
• Category: Diversified Emerging Mkts
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: TDWRX
• Share Class: Class R6
• Index: MSCI EM (Emerging Markets) NR USD

Performance

TDWRX had a total return of 15.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.04%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FGOMX	Fidelity	Strategic Advisers Fidelity Emerging Markets Fund	0.29%
FPADX	Fidelity	Fidelity Emerging Markets Index Fund	0.08%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TDWRX	Class R6	0.94%
THDRX	Class R5	1.04%
THDIX	Class I	1.04%
THDAX	Class A	1.45%

Top 10 Holdings

48.58% of assets

Name	Symbol	Weight
Taiwan Semiconductor Manufacturing Company Limited	2330	15.50%
Samsung Electronics Co., Ltd.	005930	7.58%
MediaTek Inc.	2454	3.93%
Bid Corporation Limited	BID	3.74%
SK hynix Inc.	000660	3.19%
ICICI Bank Limited	ICICIBANK	3.18%
SK Square Co., Ltd.	402340	3.10%
Thornburg Capital Management	n/a	2.86%
AIA Group Limited	1299	2.81%
Petróleo Brasileiro S.A. - Petrobras	PETR4	2.70%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 18, 2025	$0.97534	Dec 18, 2025
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

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:

Nov 7, 2026

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