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Thornburg Developing World Fund (THDAX)

Nasdaq - Nasdaq Delayed price. Currency in USD
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19.24+0.09 (+0.47%)
As of 08:06AM EDT. Market open.

Thornburg Developing World Fund

Thornburg Investment Trust

2300 North Ridgetop Road

Santa Fe, NM 87506-8361

Management information
Joshua Rubin,Lead manager since 31 January 2021
Josh Rubin is an associate portfolio manager for Thornburg Investment Management. He joined Thornburg in 2017 as a client portfolio manager, supporting the global strategies, and was promoted to associate portfolio manager in 2018. Before joining Thornburg, Josh held several positions at Driehaus Capital Management in Chicago, including portfolio manager of the global, U.S. large-cap, and U.S. mid-cap equity strategies, and assistant portfolio manager responsible for emerging markets. Prior to Driehaus, Josh co-managed the emerging markets equity strategy at Marsico Capital Management in Denver, where he was also a senior analyst covering global companies across sectors. He began his career in finance as an investment banker in the fixed income division of George K. Baum & Company in Denver. Josh holds a BSFS in international politics from the Walsh School of Foreign Service at Georgetown University.
Morningstar style box
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Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryDiversified Emerging Mkts
Fund familyThornburg
Net assets1.02B
YTD return-28.85%
YieldN/A
Morningstar rating★★★★
Inception date15 Dec 2009

Fund operations

Last dividend0.23
Last cap gain0.00
Holdings turnoverN/A
Average for categoryN/A

Fees and expenses

ExpenseTHDAXCategory average
Annual report expense ratio (net)0.00%1.23%
Prospectus net expense ratio0.00%N/A
Prospectus gross expense ratio0.00%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A5.18%
Max deferred sales loadN/A1.16%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A