Thornburg Developing World Fund Class A (THDAX)

Fund Assets	1.09B
Expense Ratio	1.62%
Min. Investment	$5,000
Turnover	n/a
Dividend (ttm)	0.52
Dividend Yield	2.14%
Dividend Growth	54.63%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2024

Previous Close	23.03
YTD Return	8.89%
1-Year Return	6.95%
5-Year Return	29.01%
52-Week Low	19.17
52-Week High	23.44
Beta (5Y)	0.65
Holdings	72
Inception Date	Dec 16, 2009

About THDAX

The Fund's investment strategy focuses on Emerging Markets with 1.45% total expense ratio. The minimum amount to invest in Thornburg Investment Trust: Thornburg Developing World Fund; Class A Shares is $5,000 on a standard taxable account. Thornburg Investment Trust: Thornburg Developing World Fund; Class A Shares seeks long-term capital appreciation. Under normal market conditions, the Fund will invest at least 80% of its assets in equity securities and debt obligations of developing country issuers. THDAX expects that investments will normally be weighted in favor of equity securities.

• Category: Diversified Emerging Mkts
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: THDAX
• Share Class: Class A
• Index: MSCI EM (Emerging Markets) NR USD

Performance

THDAX had a total return of 6.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.83%.

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	0.36%
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%
THDCX	Class C	2.33%

Top 10 Holdings

38.80% of assets

Name	Symbol	Weight
Taiwan Semiconductor Manufacturing Company Limited	2330	10.20%
Naspers Limited	NPN	6.83%
Alibaba Group Holding Limited	BABAF	3.72%
China Construction Bank Corporation	CICHF	3.38%
SK hynix Inc.	000660	3.34%
Varun Beverages Limited	VBL	2.47%
Thornburg Capital Management Fund	n/a	2.37%
Converge Information and Communications Technology Solutions Inc	CNVRG.PM	2.24%
Samsung Electronics Co., Ltd.	005930	2.20%
ICICI Bank Limited	ICICIBANK	2.05%

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