Morningstar

Thornburg Developing World Fund Class C THDCX

Morningstar Medalist Rating
Medalist Rating as of | See Thornburg Investment Hub
  • NAV / 1-Day Return 30.47  /  −0.10 %
  • Total Assets 669.4M
  • Adj. Expense Ratio
    2.330%
  • Expense Ratio 2.330%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category Diversified Emerging Mkts
  • Investment Style Large Blend
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield 1.98%
  • Turnover 47%

USD | NAV as of Aug 12, 2026 | 1-Day Return as of Aug 12, 2026, 12:11 AM GMT+0

Morningstar’s Analysis THDCX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Thornburg Developing World C 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
Rated on Published on

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Portfolio Holdings THDCX

More THDCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 52.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Taiwan Semiconductor Manufacturing Co Ltd

15.37 106M
Technology

Samsung Electronics Co Ltd

8.55 59M
Technology

SK Square

4.45 31M
Technology

SK hynix Inc

4.43 31M
Technology

MediaTek Inc

4.20 29M
Technology

Thornburg Capital Management

3.86 27M
—

Bid Corp Ltd

3.63 25M
Consumer Defensive

ICICI Bank Ltd

3.02 21M
Financial Services

Naspers Ltd N Shs Common Stock Zar.02

2.70 19M
—

AIA Group Ltd

2.61 18M
Financial Services

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