Despite the merits of Thornburg Global Opportunities' concentrated and aggressive process, personnel turnover and unattractive fees limit the strategy to a Morningstar Analyst Rating of Neutral for all share classes.
Thornburg Global Opportunities R5 THOFX
NAV / 1-Day Return
40.03
/
1.21
%
Total Assets
1.1 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.990%
Expense Ratio
0.990%
Fee Level
High
Longest Manager Tenure
14.77
years
Category
World Large-Stock Blend
Investment Style
Large BlendMin. Initial Investment
0
Status
Open
TTM Yield
0.20%
Turnover
36%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will THOFX 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 THOFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the THOFX 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 THOFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Ongoing personnel turnover limits the appeal here.
