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Morningstar

Thornburg Summit I TSUMX

Morningstar Medalist Rating
Medalist Rating as of | See Thornburg Investment Hub
  • NAV / 1-Day Return 12.88  /  +0.31 %
  • Total Assets 101.4 Mil
  • Adj. Expense Ratio
    0.720%
  • Expense Ratio 0.720%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Moderate Allocation
  • Investment Style Large Growth
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Status Open
  • TTM Yield 2.55%
  • Turnover 129%

USD | NAV as of May 15, 2024 | 1-Day Return as of May 15, 2024, 10:27 PM GMT+0

Morningstar’s Analysis TSUMX

Will TSUMX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TSUMX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the TSUMX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of TSUMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Thornburg Summit I to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings TSUMX

More TSUMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 18.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 0.125%

2.55 2.5 Mil
Government

Thornburg Capital Management

2.17 2.2 Mil
—

NVIDIA Corp

2.07 2.1 Mil
Technology

AT&T Inc

1.86 1.9 Mil
Communication Services

Amazon.com Inc

1.77 1.8 Mil
Consumer Cyclical

Taiwan Semiconductor Manufacturing Co Ltd

1.76 1.8 Mil
Technology

Alphabet Inc Class A

1.66 1.6 Mil
Communication Services

United States Treasury Notes 4.5%

1.59 1.6 Mil
Government

Apple Inc

1.55 1.5 Mil
Technology

Meta Platforms Inc Class A

1.43 1.4 Mil
Communication Services