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Morningstar

Thornburg Developing World A THDAX

Morningstar Medalist Rating
Medalist Rating as of | See Thornburg Investment Hub
  • NAV / 1-Day Return 19.52  /  0.51 %
  • Total Assets 955.2 Mil
  • Adj. Expense Ratio
    1.540%
  • Expense Ratio 1.540%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Diversified Emerging Mkts
  • Investment Style Large Growth
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield 1.31%
  • Turnover 68%

USD | NAV as of Sep 28, 2023 | 1-Day Return as of Sep 28, 2023, 10:24 PM GMT+0

Morningstar’s Analysis THDAX

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

People Pillar

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

Thornburg Developing World A's Average People Pillar and Process 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 most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings THDAX

More THDAX Holdings
  • Current Portfolio Date
  • Equity Holdings 51
  • Bond Holdings 0
  • Other Holdings 10
  • % Assets in Top 10 Holdings 36.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Taiwan Semiconductor Manufacturing Co Ltd

7.00
78,768,423
Technology

Tencent Holdings Ltd

4.78
53,763,201
Communication Services

Yum China Holdings Inc

3.98
44,825,303
Consumer Cyclical

Samsung Electronics Co Ltd

3.62
40,726,423
Technology

AIA Group Ltd

3.45
38,845,314
Financial Services

PT Bank Rakyat Indonesia (Persero) Tbk Registered Shs Series -B-

2.94
33,100,445
Financial Services

Naspers Ltd Class N

2.92
32,814,473
Communication Services

Varun Beverages Ltd

2.79
31,445,033
Consumer Defensive

Max Healthcare Institute Ltd Ordinary Shares

2.71
30,470,930
Healthcare

HDFC Bank Ltd

2.70
30,357,633
Financial Services