TGVRX: Thornburg International Value R3

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TGVRX Thornburg International Value R3


Profile

TGVRX - Profile

Vitals

  • YTD Return -18.1%
  • 3 Yr Annualized Return -8.0%
  • 5 Yr Annualized Return -8.4%
  • Net Assets $2.44 B
  • Holdings in Top 10 29.0%

52 WEEK LOW AND HIGH

$19.00
$16.58
$24.10

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.65%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 71.09%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -18.1%
  • 3 Yr Annualized Total Return -8.0%
  • 5 Yr Annualized Total Return -8.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.67%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Thornburg International Value Fund
  • Fund Family Name
    Thornburg
  • Inception Date
    Jul 01, 2003
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Lei Wang

Fund Description

The fund invests primarily in foreign equity securities or depository receipts of foreign equity securities. The fund may invest in developing countries, but under normal conditions those investments are expected to comprise a significantly smaller proportion of the fund than investments in developed countries.


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Categories

Performance

TGVRX - Performance

Return Ranking - Trailing

Period TGVRX Return Category Return Low Category Return High Rank in Category (%)
YTD -18.1% -56.8% 4.6% 9.41%
1 Yr -16.6% -54.4% 22.3% 32.20%
3 Yr -8.0%* -22.0% 49.2% 81.91%
5 Yr -8.4%* -17.1% 29.6% 96.14%
10 Yr -3.0%* -7.6% 5.3% 92.73%

* Annualized

Return Ranking - Calendar

Period TGVRX Return Category Return Low Category Return High Rank in Category (%)
2019 20.2% -19.9% 38.8% 37.02%
2018 -21.2% -50.2% 0.0% 71.49%
2017 6.2% -2.4% 38.4% 98.68%
2016 -4.4% -23.2% 210.3% 85.25%
2015 -10.2% -47.4% 6.8% 90.48%

Total Return Ranking - Trailing

Period TGVRX Return Category Return Low Category Return High Rank in Category (%)
YTD -18.1% -56.8% 4.6% 9.41%
1 Yr -16.6% -54.4% 22.3% 32.20%
3 Yr -8.0%* -21.2% 49.2% 87.88%
5 Yr -8.4%* -17.1% 29.6% 97.36%
10 Yr -3.0%* -7.6% 5.6% 94.19%

* Annualized

Total Return Ranking - Calendar

Period TGVRX Return Category Return Low Category Return High Rank in Category (%)
2019 20.2% -19.9% 38.8% 37.02%
2018 -21.2% -50.2% 0.0% 81.10%
2017 6.2% -0.1% 38.4% 99.34%
2016 -4.4% -10.2% 210.3% 92.09%
2015 -10.2% -28.8% 7.7% 95.45%

NAV & Total Return History


Holdings

TGVRX - Holdings

Concentration Analysis

TGVRX Category Low Category High TGVRX % Rank
Net Assets 2.44 B 0 344 B 22.27%
Number of Holdings 63 1 9056 78.63%
Net Assets in Top 10 841 M 0 37.3 B 17.47%
Weighting of Top 10 28.98% 5.1% 100.0% 29.31%

Top 10 Holdings

  1. Thornburg Capital Management 3.43%
  2. Tencent Holdings Ltd 3.09%
  3. Z Holdings Corp 2.90%
  4. Ferrovial SA 2.90%
  5. Telefonaktiebolaget L M Ericsson Class B 2.84%
  6. adidas AG 2.84%
  7. Vinci SA 2.81%
  8. BAE Systems PLC 2.76%
  9. Edf 2.73%
  10. Alibaba Group Holding Ltd ADR 2.68%

Asset Allocation

Weighting Return Low Return High TGVRX % Rank
Stocks
96.26% 0.00% 116.18% 80.54%
Cash
3.74% -91.67% 100.00% 16.94%
Preferred Stocks
0.00% 0.00% 2.34% 90.59%
Other
0.00% -2.07% 48.08% 91.53%
Convertible Bonds
0.00% 0.00% 2.21% 88.17%
Bonds
0.00% 0.00% 61.46% 88.32%

Expenses

TGVRX - Expenses

Operational Fees

TGVRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.65% 0.02% 19.39% 22.18%
Management Fee 0.75% 0.00% 1.35% 70.47%
12b-1 Fee 0.50% 0.00% 1.00% 74.12%
Administrative Fee 0.10% 0.00% 1.00% 64.06%

Sales Fees

TGVRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

TGVRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

TGVRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 71.09% 0.00% 344.00% 78.55%

Distributions

TGVRX - Distributions

Dividend Yield Analysis

TGVRX Category Low Category High TGVRX % Rank
Dividend Yield 0.00% 0.00% 6.59% 88.80%

Dividend Distribution Analysis

TGVRX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

TGVRX Category Low Category High TGVRX % Rank
Net Income Ratio 0.67% -1.71% 11.59% 94.25%

Capital Gain Distribution Analysis

TGVRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

TGVRX - Fund Manager Analysis

Managers

Lei Wang


Start Date

Tenure

Tenure Rank

Feb 01, 2006

14.17

14.2%

Lei Wang is portfolio manager for Thornburg Investment Management. He joined Thornburg Investment Management in 2004 as associate portfolio manager and was promoted to portfolio manager in 2006. Lei holds a BA and an MA from East China Normal University and an MBA from New York University. He is a CFA charterholder. Prior to joining Thornburg, he served as an associate for Deutsche Bank as well as for Enso Capital Management. He has also worked as a bank supervision manager at China’s central bank.

Di Zhou


Start Date

Tenure

Tenure Rank

Dec 08, 2015

4.32

4.3%

Di Zhou is portfolio manager for Thornburg Investment Management. Di joined the firm in 2010 as an equity research analyst, was promoted to associate portfolio manager in 2014, and was named portfolio manager in 2015. Di holds a BA in business administration from the Marshall School of Business at the University of Southern California and an MBA from the University of Chicago Booth School of Business. Prior to graduate school, she was employed at Wilshire Associates.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 28.18 5.41 0.92