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 R4 THOVX
- NAV / 1-Day Return 51.59 / +0.47 %
- Total Assets 1.8B
-
Adj. Expense Ratio
1.240%
- Expense Ratio 1.400%
- Distribution Fee Level Average
- Share Class Type Retirement, Medium
- Category Global Large-Stock Blend
- Investment Style Large Value
- Min. Initial Investment 0
- Status Open
- TTM Yield 0.86%
- Turnover 15%
USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:11 AM GMT+0
Morningstar’s Analysis THOVX
Will THOVX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 43.9
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Samsung Electronics Co Ltd | 6.86 | 128M | Technology |
Zegona Communications PLC | 5.67 | 106M | Communication Services |
Taiwan Semiconductor Manufacturing Co Ltd | 5.42 | 101M | Technology |
Alphabet Inc Class A | 5.15 | 96M | Communication Services |
Orange SA | 4.21 | 78M | Communication Services |
Citigroup Inc | 3.61 | 67M | Financial Services |
BNP Paribas Act. Cat.A | 3.45 | 64M | Financial Services |
Contemporary Amperex Technology Co Ltd Class A | 3.35 | 62M | Industrials |
Charles Schwab Corp | 3.14 | 59M | Financial Services |
Thornburg Capital Management | 3.06 | 57M | — |
United States