Thornburg Developing World A (THDAX)
| Fund Assets | 564.74M |
| Expense Ratio | 1.62% |
| Min. Investment | $5,000 |
| Turnover | 90.88% |
| Dividend (ttm) | 0.52 |
| Dividend Yield | 1.93% |
| Dividend Growth | 54.63% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 25.46 |
| YTD Return | 21.04% |
| 1-Year Return | 23.39% |
| 5-Year Return | 17.01% |
| 52-Week Low | 19.17 |
| 52-Week High | 25.72 |
| Beta (5Y) | 0.65 |
| Holdings | 46 |
| Inception Date | Dec 16, 2009 |
About THDAX
Thornburg Developing World Fund Class A is an actively managed mutual fund with a primary focus on equities within emerging markets. Its objective is to achieve long-term capital appreciation by investing at least 80% of its assets in companies domiciled in or economically tied to developing economies. This fund is structured to provide diversification among different sectors and regions, with significant holdings in technology, consumer defensive, financial services, healthcare, and communication services industries. Notably, its top investments include prominent firms such as Taiwan Semiconductor Manufacturing, Samsung Electronics, and Tencent Holdings, reflecting a strong allocation to technology-driven growth sectors. The fund is designed to offer investors exposure to growth opportunities in rapidly expanding markets outside of developed economies. Given its emerging markets focus, it uses the MSCI Emerging Markets Index as its benchmark and is categorized under Diversified Emerging Markets by Morningstar. Established in 2009, Thornburg Developing World Fund Class A plays a key role for investors seeking diverse participation in the economic advancement of developing regions, balancing potential higher returns with the associated market risks and volatility inherent to emerging markets exposure.
Performance
THDAX had a total return of 23.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.45%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
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 | $0.51879 | Dec 19, 2024 |
| Dec 14, 2023 | $0.3355 | Dec 14, 2023 |
| Dec 15, 2022 | $0.26845 | Dec 15, 2022 |
| Dec 20, 2019 | $0.22683 | Dec 20, 2019 |
| Dec 21, 2018 | $0.15307 | Dec 21, 2018 |
| Sep 22, 2017 | $0.059 | Sep 22, 2017 |