If selecting a strategy just meant locating great past returns, Thornburg Global Opportunities Strategy would be a clear pick. From its July 2006 inception through September 2025, with portfolio manager Brian McMahon at the helm throughout, the institutional shares gained 11.0% annualized; that beat the MSCI All Country World Index by 3 percentage points annually and the typical global large-stock blend Morningstar Category peer by more than 3.5 percentage points. Since comanager Miguel Oleaga was named in February 2020, its 15.7% annualized return has been even better on a relative basis.
Thornburg Global Opportunities Fund Class I THOIX
- NAV / 1-Day Return 52.82 / −3.03 %
- Total Assets 1.8B
-
Adj. Expense Ratio
0.990%
- Expense Ratio 0.990%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Global Large-Stock Blend
- Investment Style Large Blend
- Min. Initial Investment 3M
- Status Open
- TTM Yield 1.08%
- Turnover 15%
USD | NAV as of Jun 06, 2026 | 1-Day Return as of Jun 06, 2026, 1:37 AM GMT+0
Morningstar’s Analysis THOIX
Will THOIX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the THOIX 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 THOIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 47.4
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Thornburg Capital Management | 8.31 | 154M | — |
Zegona Communications PLC | 5.57 | 103M | Communication Services |
Samsung Electronics Co Ltd | 5.51 | 102M | Technology |
Alphabet Inc Class A | 5.23 | 97M | Communication Services |
Taiwan Semiconductor Manufacturing Co Ltd | 4.88 | 91M | Technology |
Orange SA | 4.22 | 78M | Communication Services |
Citigroup Inc | 3.69 | 68M | Financial Services |
BNP Paribas Act. Cat.A | 3.45 | 64M | Financial Services |
Contemporary Amperex Technology Co Ltd Class A | 3.43 | 64M | Industrials |
Charles Schwab Corp | 3.16 | 59M | Financial Services |
United States