Thornburg Developing World Fund Class I (THDIX)
| Fund Assets | 551.82M |
| Expense Ratio | 1.04% |
| Min. Investment | $2,500,000 |
| Turnover | 90.88% |
| Dividend (ttm) | 0.63 |
| Dividend Yield | 2.52% |
| Dividend Growth | 45.40% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 25.07 |
| YTD Return | 15.03% |
| 1-Year Return | 10.10% |
| 5-Year Return | 18.32% |
| 52-Week Low | 19.64 |
| 52-Week High | 25.18 |
| Beta (5Y) | n/a |
| Holdings | 54 |
| Inception Date | Dec 16, 2009 |
About THDIX
Thornburg Developing World Fund Class I is an actively managed mutual fund that invests primarily in equities from emerging markets. Its core objective is to achieve long-term capital appreciation by allocating at least 80% of its net assets to stocks in developing economies, seeking exposure across a wide range of countries and sectors. The fund employs a diversified, large growth style, emphasizing companies with strong growth prospects while aiming to manage volatility compared to its emerging market peers. It holds a concentrated portfolio, with over 40% of assets typically in its top ten holdings, and features significant positions in technology, consumer, and healthcare companies in regions such as Asia, Africa, and Latin America. Targeted primarily at institutional investors, as reflected in its high minimum initial investment, the fund is designed to provide access to the growth potential of emerging markets within a disciplined, risk-aware framework. Launched in 2009, Thornburg Developing World Fund Class I plays a meaningful role for institutions seeking diversified exposure beyond developed markets.
Performance
THDIX had a total return of 10.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.65%.
Top 10 Holdings
42.21% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 10.93% |
| Naspers Limited | NPN | 7.03% |
| AIA Group Limited | 1299 | 3.42% |
| China Construction Bank Corporation | CICHF | 3.38% |
| SK hynix Inc. | 000660 | 3.31% |
| Alibaba Group Holding Limited | BABAF | 3.22% |
| Arca Continental, S.A.B. de C.V. | AC | 2.96% |
| ICICI Bank Limited | ICICIBANK | 2.83% |
| PT Bank Central Asia Tbk | BBCA | 2.73% |
| Thornburg Capital Management | n/a | 2.38% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.63131 | Dec 19, 2024 |
| Dec 14, 2023 | $0.4342 | Dec 14, 2023 |
| Dec 15, 2022 | $0.35878 | Dec 15, 2022 |
| Dec 17, 2020 | $0.04266 | Dec 17, 2020 |
| Dec 20, 2019 | $0.30919 | Dec 20, 2019 |
| Dec 21, 2018 | $0.23768 | Dec 21, 2018 |