Thornburg Developing World Fund Class C (THDCX)
| Fund Assets | 584.43M |
| Expense Ratio | 2.33% |
| Min. Investment | $5,000 |
| Turnover | 90.88% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 1.19% |
| Dividend Growth | 145.30% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 24.63 |
| YTD Return | 24.00% |
| 1-Year Return | 20.35% |
| 5-Year Return | -0.95% |
| 52-Week Low | 18.03 |
| 52-Week High | 25.38 |
| Beta (5Y) | n/a |
| Holdings | 46 |
| Inception Date | Dec 16, 2009 |
About THDCX
Thornburg Developing World Fund Class C is an actively managed mutual fund specializing in emerging markets equity. Its primary objective is long-term capital appreciation by investing in a diversified portfolio of growth and value stocks from companies operating across a range of sectors in developing economies. The fund typically maintains exposure to industries such as technology, financial services, healthcare, consumer defensive, and communication services, as reflected in its top holdings which often include prominent companies like Taiwan Semiconductor Manufacturing, Samsung Electronics, and Tencent Holdings. Managed since 2009, this fund distinguishes itself through its active approach, seeking opportunities within emerging markets that may exhibit higher growth potential relative to developed markets. The portfolio's composition emphasizes a blend of large and mid-sized market capitalizations with a notable active share, indicating its differentiation from the MSCI Emerging Markets Index, which serves as its benchmark. The fund is suitable for investors looking to participate in the dynamic and evolving landscapes of global emerging economies, playing a significant role in diversified portfolios that aim to capture international growth trends.
Performance
THDCX had a total return of 20.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.07%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
49.42% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 15.71% |
| Naspers Ltd N Shs Common Stock Zar.02 | n/a | 7.74% |
| SK hynix Inc. | 000660 | 3.75% |
| AIA Group Limited | 1299 | 3.72% |
| Alibaba Group Holding Limited | BABAF | 3.50% |
| Samsung Electronics Co., Ltd. | 005930 | 3.49% |
| ICICI Bank Limited | ICICIBANK | 3.08% |
| Bid Corporation Limited | BID | 2.88% |
| PT Bank Central Asia Tbk | BBCA | 2.79% |
| Arca Continental, S.A.B. de C.V. | AC | 2.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.29581 | Dec 19, 2024 |
| Dec 14, 2023 | $0.12059 | Dec 14, 2023 |
| Dec 15, 2022 | $0.04539 | Dec 15, 2022 |
| Dec 20, 2019 | $0.0531 | Dec 20, 2019 |
| Sep 22, 2017 | $0.02418 | Sep 22, 2017 |
| Jun 23, 2017 | $0.01294 | Jun 23, 2017 |