Skip to Content
Morningstar

Thornburg International Equity A TGVAX

Morningstar Medalist Rating
Medalist Rating as of | See Thornburg Investment Hub
  • NAV / 1-Day Return 22.43  /  0.75 %
  • Total Assets 2.4 Bil
  • Adj. Expense Ratio
    1.380%
  • Expense Ratio 1.380%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Foreign Large Blend
  • Investment Style Large Blend
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield 1.52%
  • Turnover 49%

USD | NAV as of Sep 27, 2023 | 1-Day Return as of Sep 27, 2023, 10:17 PM GMT+0

Morningstar’s Analysis TGVAX

Will TGVAX 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 TGVAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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

Thornburg International Equity A's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings TGVAX

More TGVAX Holdings
  • Current Portfolio Date
  • Equity Holdings 51
  • Bond Holdings 0
  • Other Holdings 6
  • % Assets in Top 10 Holdings 35.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Thornburg Capital Management

5.74
149,376,011
—

Alibaba Group Holding Ltd Ordinary Shares

3.96
103,076,249
Consumer Cyclical

TotalEnergies SE

3.67
95,642,457
Energy

Roche Holding AG

3.46
90,089,739
Healthcare

Meituan Class B

3.44
89,486,267
Consumer Cyclical

Canadian Pacific Kansas City Ltd

3.21
83,612,071
Industrials

L'Oreal SA

3.12
81,168,891
Consumer Defensive

Tencent Holdings Ltd

3.11
80,901,937
Communication Services

ING Groep NV

2.77
71,983,518
Financial Services

ABB Ltd

2.71
70,626,868
Industrials