Thornburg Small/Mid Cap Core Fund (TVIFX)
| Fund Assets | 484.92M |
| Expense Ratio | 0.95% |
| Min. Investment | $2,500,000 |
| Turnover | 32.79% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 82.65 |
| YTD Return | -1.35% |
| 1-Year Return | 0.83% |
| 5-Year Return | 32.98% |
| 52-Week Low | 65.04 |
| 52-Week High | 90.66 |
| Beta (5Y) | n/a |
| Holdings | 47 |
| Inception Date | Nov 2, 1998 |
About TVIFX
Thornburg Small/Mid Cap Core Fund Class I is a mutual fund designed to provide long-term capital appreciation by investing predominantly in the equity and debt securities of U.S. companies within the small- and mid-capitalization segments. The fund employs a core investment strategy, blending growth and value approaches to identify quality businesses poised for durable performance. Managed actively, it seeks above-average total returns across full market cycles, focusing on prudent risk management. The fund is benchmarked against the Russell 2500 Index and typically holds a diversified portfolio of roughly 40–50 securities, cutting across various sectors including industrials, financials, technology, and consumer services. Its strategy emphasizes companies with strong balance sheets, healthy cash flows, and sustainable business models. As of its most recent filings, the fund maintains a moderate expense ratio and caters primarily to institutional investors, given its substantial minimum investment requirements. With a history dating back to 1998, Thornburg Small/Mid Cap Core Fund Class I plays a prominent role in offering access to smaller and emerging U.S. companies, providing investors an opportunity to participate in parts of the market often associated with innovation and potential long-term growth.
Performance
TVIFX had a total return of 0.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.83%.
Top 10 Holdings
30.88% of assets| Name | Symbol | Weight |
|---|---|---|
| Casella Waste Systems, Inc. | CWST | 3.58% |
| Talen Energy Corporation | TLN | 3.24% |
| Vertiv Holdings Co | VRT | 3.21% |
| LPL Financial Holdings Inc. | LPLA | 3.20% |
| Sensient Technologies Corporation | SXT | 3.07% |
| Coherent Corp. | COHR | 2.98% |
| Clean Harbors, Inc. | CLH | 2.96% |
| MYR Group Inc. | MYRG | 2.93% |
| Applied Industrial Technologies, Inc. | AIT | 2.89% |
| TXNM Energy, Inc. | TXNM | 2.82% |