Thornburg Developing World Fund Class A (THDAX)

Fund Assets	676.23M
Expense Ratio	1.483%
Min. Investment	$5,000
Turnover	n/a
Dividend (ttm)	0.84
Dividend Yield	2.60%
Dividend Growth	61.13%
Payout Frequency	Annual
Ex-Dividend Date	Dec 18, 2025

Previous Close	32.93
YTD Return	25.74%
1-Year Return	31.54%
5-Year Return	29.79%
52-Week Low	25.38
52-Week High	34.46
Beta (5Y)	0.76
Holdings	47
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.

• Fund Family: Thornburg
• 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 31.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.85%.

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	$0.83595	Dec 18, 2025
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

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:

Oct 16, 2026

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