TVCFX: Thornburg Value C

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TVCFX Thornburg Value C


Profile

TVCFX - Profile

Vitals

  • YTD Return -3.6%
  • 3 Yr Annualized Return 4.4%
  • 5 Yr Annualized Return 7.3%
  • Net Assets $775 M
  • Holdings in Top 10 46.6%

52 WEEK LOW AND HIGH

$67.93
$45.60
$72.35

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.19%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 24.94%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $5,000
  • IRA $2,000

Fund Classification


Distributions

  • YTD Total Return -3.6%
  • 3 Yr Annualized Total Return 4.4%
  • 5 Yr Annualized Total Return 7.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.50%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Thornburg Value Fund
  • Fund Family Name
    Thornburg
  • Inception Date
    Oct 02, 1995
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Robert MacDonald

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Categories

Performance

TVCFX - Performance

Return Ranking - Trailing

Period TVCFX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.6% -61.9% 872.0% 51.81%
1 Yr 2.0% -69.8% 912.5% 24.89%
3 Yr 4.4%* -31.4% 50.0% 16.03%
5 Yr 7.3%* -37.2% 39.8% 15.18%
10 Yr 8.9%* -15.1% 33.6% 19.23%

* Annualized

Return Ranking - Calendar

Period TVCFX Return Category Return Low Category Return High Rank in Category (%)
2019 27.1% -58.1% 80.6% 13.77%
2018 -10.5% -93.5% 23.6% 50.35%
2017 21.9% -55.3% 69.8% 15.61%
2016 5.8% -34.8% 68.2% 43.01%
2015 2.7% -50.8% 22.5% 10.43%

Total Return Ranking - Trailing

Period TVCFX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.6% -61.9% 872.0% 51.81%
1 Yr 2.0% -69.8% 912.5% 24.89%
3 Yr 4.4%* -31.4% 123.2% 20.40%
5 Yr 7.3%* -37.2% 65.6% 19.20%
10 Yr 8.9%* -15.1% 33.6% 25.77%

* Annualized

Total Return Ranking - Calendar

Period TVCFX Return Category Return Low Category Return High Rank in Category (%)
2019 27.1% -58.1% 80.6% 13.77%
2018 -10.5% -53.1% 23.6% 60.70%
2017 21.9% -55.3% 69.8% 19.46%
2016 5.8% -34.8% 70.7% 55.05%
2015 2.7% -50.8% 30.8% 14.22%

NAV & Total Return History


Holdings

TVCFX - Holdings

Concentration Analysis

TVCFX Category Low Category High TVCFX % Rank
Net Assets 775 M 92.3 K 15.3 B 19.00%
Number of Holdings 38 1 1334 62.44%
Net Assets in Top 10 346 M -82 M 4.21 B 20.03%
Weighting of Top 10 46.58% 3.7% 100.0% 50.95%

Top 10 Holdings

  1. Thermo Fisher Scientific Inc 6.17%
  2. Alphabet Inc Class C 5.94%
  3. Nomad Foods Ltd 5.28%
  4. Facebook Inc A 4.94%
  5. JPMorgan Chase & Co 4.26%
  6. Comcast Corp Class A 4.10%
  7. Activision Blizzard Inc 4.06%
  8. Crown Holdings Inc 4.05%
  9. Thornburg Capital Management 4.00%
  10. Apple Inc 3.77%

Asset Allocation

Weighting Return Low Return High TVCFX % Rank
Stocks
96.00% -169.40% 102.76% 10.15%
Cash
3.70% -2.83% 1041.68% 84.09%
Bonds
0.30% -300.27% 45.33% 30.29%
Preferred Stocks
0.00% 0.00% 18.93% 78.35%
Other
0.00% -895.56% 38.46% 80.56%
Convertible Bonds
0.00% 0.00% 13.36% 79.97%

Stock Sector Breakdown

Weighting Return Low Return High TVCFX % Rank
Communication Services
24.55% 0.00% 100.00% 2.65%
Financial Services
16.33% 0.00% 100.00% 27.30%
Healthcare
13.29% 0.00% 100.00% 48.36%
Consumer Cyclical
13.17% 0.00% 59.77% 30.58%
Consumer Defense
10.70% 0.00% 69.13% 17.94%
Technology
7.96% 0.00% 99.85% 77.54%
Energy
4.86% 0.00% 100.00% 26.21%
Industrials
3.12% 0.00% 70.69% 83.93%
Real Estate
2.15% 0.00% 100.00% 53.35%
Basic Materials
2.15% 0.00% 72.60% 57.72%
Utilities
1.73% 0.00% 99.08% 53.04%

Stock Geographic Breakdown

Weighting Return Low Return High TVCFX % Rank
US
76.28% -162.68% 79.97% 20.32%
Non US
19.72% -48.75% 65.94% 10.16%

Bond Sector Breakdown

Weighting Return Low Return High TVCFX % Rank
Cash & Equivalents
92.52% 0.00% 100.00% 60.09%
Municipal
7.48% 0.00% 14.84% 1.77%
Derivative
0.00% -0.02% 78.92% 76.58%
Securitized
0.00% 0.00% 43.57% 76.88%
Corporate
0.00% 0.00% 100.00% 84.39%
Government
0.00% 0.00% 86.84% 80.27%

Bond Geographic Breakdown

Weighting Return Low Return High TVCFX % Rank
US
0.30% -48.89% 34.30% 30.34%
Non US
0.00% -298.45% 11.03% 78.20%

Expenses

TVCFX - Expenses

Operational Fees

TVCFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.19% 0.08% 45.48% 40.99%
Management Fee 0.85% 0.00% 2.94% 47.58%
12b-1 Fee 1.00% 0.00% 1.00% 92.97%
Administrative Fee 0.10% 0.03% 1.47% 58.20%

Sales Fees

TVCFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load 1.00% 1.00% 4.00% 73.49%

Trading Fees

TVCFX 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.

TVCFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 24.94% 0.00% 496.00% 27.73%

Distributions

TVCFX - Distributions

Dividend Yield Analysis

TVCFX Category Low Category High TVCFX % Rank
Dividend Yield 0.00% 0.00% 11.31% 72.39%

Dividend Distribution Analysis

TVCFX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

TVCFX Category Low Category High TVCFX % Rank
Net Income Ratio -0.50% -4.31% 6.50% 80.21%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

TVCFX - Fund Manager Analysis

Managers

Robert MacDonald


Start Date

Tenure

Tenure Rank

Feb 01, 2015

5.58

5.6%

Robert MacDonald is portfolio manager for Thornburg Investment Management. Robert joined the firm as equity analyst in 2007 and was promoted to associate portfolio manager in 2010 and portfolio manager in 2014. Robert holds a BA in economics and computer science from Amherst College, where he was an all-American in hockey. He received an MBA from the University of Chicago Booth School of Business and is a CFA charterholder. Prior to graduate school, Robert was an investment associ- ate at Putnam Investments in Boston, covering the telecommunications industry.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 41.69 6.93 2.67