Morningstar

Thornburg Better World International Fund Class A TBWAX

Morningstar Medalist Rating
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Medalist Rating as of See Thornburg Investment Hub
  • NAV / 1-Day Return $21.96  /  +0.73 %
  • Fund Size $426.6M
  • Adjusted Expense Ratio 1.420%
  • Net Expense Ratio 1.410%
  • Fee Level: Distribution High
  • Share Class Type Front Load
  • Morningstar Category Foreign Large Blend
  • Equity Style Box (Funds) Large Blend
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 1.05%
  • Turnover Ratio 39%
NAV and 1-Day Return as of

Morningstar’s Analysis TBWAX

Will TBWAX outperform in the 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 TBWAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the TBWAX 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 TBWAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Thornburg Better World International A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings TBWAX

More TBWAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 35.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Thornburg Capital Management

5.02 24M
—

Taiwan Semiconductor Manufacturing Co Ltd ADR

4.47 21M
Technology

BNP Paribas Act. Cat.A

4.00 19M
Financial Services

Endesa SA

3.85 18M
Utilities

ING GROEP NV COMMON STOCK EUR.01

3.78 18M
Corporate

Schneider Electric SE

3.71 18M
Industrials

Iberdrola SA

3.38 16M
Utilities

Roche Holding AG

3.26 16M
—

Tencent Holdings Ltd

3.21 15M
Communication Services

Enel SpA

3.16 15M
Utilities

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