Thornburg International Equity Fund Class I (TGVIX) Fund Details & Analysis

Fund Information

Fund Category Foreign Large Blend

Fund Family Thornburg

Fund Style Large Blend

ISIN US8852155667

CUSIP 885215566

Inception Date 1998-05-28

Domicile United States

Country USA

Fiscal Year End September

NAV Chart

Fund Metrics

Net Assets $4.75 Billion

Share Class Net Assets $3.23 Billion

Expense Ratio 0.90%

Expense Ratio Date 2025-04-01

Dividend Yield 0.01%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 4.30%

1-Year Return 33.24%

3-Year Return 18.21%

5-Year Return 9.40%

NAV $35.20

Previous Close Price $34.88

Last Update 2025-12-31

Dividend Information

Dividend Yield 0.01%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Thornburg International Equity Fund Class I

The fund invests primarily in common stocks of non-U.S. companies and in depositary receipts associated with such stocks. The fund may invest in developing countries. Under normal conditions, the fund will invest at least 80% of its net assets in common stocks or depositary receipts.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 90367.41%

Giant 56.95%

Large 31.53%

Medium 1.61%

Micro 0.00%

Small 0.00%

Value & Growth Metrics

Book-Value Growth % 5.26%

Cash-Flow Growth % 4.84%

Dividend Yield % 2.86%

Historical Earnings % 14.44%

Long-Term Earnings % 7.36%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	0.00%	0.00%	0.00%	1.33%	0.00%
Cash	7.63%	7.63%	0.00%	6.24%	0.00%
Non US Stock	89.24%	89.24%	0.00%	94.21%	99.16%
Not Classified	0.00%	0.00%	0.00%	0.00%	0.00%
Other	0.00%	0.00%	0.00%	0.95%	0.13%
US Stock	3.14%	3.14%	0.00%	4.03%	0.71%

Top Holdings

Name	Weight	Owned	Change
Thornburg Capital Management Fund	8.79%	-	-
TotalEnergies SE	2.75%	-	-
Hitachi Ltd	3.40%	-	-
Schneider Electric SE	2.77%	-	-
Sony Group Corp	2.77%	-	-
ABB Ltd	3.00%	-	-
Mitsubishi UFJ Financial Group Inc	3.19%	-	-
Taiwan Semiconductor Manufacturing Co Ltd	2.97%	-	-
Linde PLC	2.85%	-	-
Roche Holding AG	2.92%	-	-
NN Group NV	2.94%	-	-
E.ON SE	2.74%	-	-
Safran SA	2.69%	-	-
Samsung Electronics Co Ltd	3.70%	-	-
Orange SA	2.67%	-	-
Canadian Pacific Kansas City Ltd	2.84%	-	-
BNP Paribas SA	2.82%	-	-
Alibaba Group Holding Ltd	2.78%	-	-
AstraZeneca PLC	2.75%	-	-

See the full breakdown of TGVIX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	10.44%	16.60%	100.00%	0.00%
Bond Sector	Corporate	10.44%	0.90%	0.00%	0.00%
Bond Sector	Derivative	10.44%	71.42%	0.00%	0.00%
Bond Sector	Government	10.44%	4.57%	0.00%	0.00%
Bond Sector	Municipal	10.44%	0.00%	0.00%	0.00%
Bond Sector	Securitized	10.44%	6.51%	0.00%	0.00%
Cyclical	Basic Materials	6.84%	5.95%	0.00%	6.79%
Cyclical	Consumer Cyclical	8.90%	9.24%	0.00%	9.60%
Cyclical	Financial Services	15.27%	24.18%	0.00%	25.11%
Cyclical	Real Estate	0.00%	1.46%	0.00%	1.54%
Defensive	Consumer Defensive	4.15%	6.68%	0.00%	5.79%
Defensive	Healthcare	8.38%	9.81%	0.00%	7.93%
Defensive	Utilities	10.44%	2.81%	0.00%	3.09%
Sensitive	Communication Services	7.50%	5.85%	0.00%	5.52%
Sensitive	Energy	4.15%	3.63%	0.00%	4.57%
Sensitive	Industrials	23.56%	16.95%	0.00%	14.77%
Sensitive	Technology	10.80%	13.46%	0.00%	15.29%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	1.36%	1.57%	2.02%
Americas	North America	9.38%	9.20%	9.09%
Greater Asia	Asia Developed	8.11%	7.80%	12.73%
Greater Asia	Asia Emerging	5.74%	8.44%	15.64%
Greater Asia	Australasia	3.86%	-	3.99%
Greater Asia	Japan	18.04%	18.04%	14.24%
Greater Europe	Africa/Middle East	1.29%	-	3.53%
Greater Europe	Europe Developed	39.04%	49.51%	29.40%
Greater Europe	Europe Emerging	0.16%	-	0.59%
Greater Europe	United Kingdom	13.03%	5.45%	8.78%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-19	$0.497	$0.497	USD	-	-	-	-
2023-12-14	$0.494	$0.494	USD	-	2023-12-13	2023-12-14	Annual
2022-12-15	$0.444	$0.444	USD	2022-12-15	2022-12-14	2022-12-15	Annual
2021-12-16	$0.406	$0.406	USD	2021-12-16	2021-12-15	2021-12-16	Annual
2020-12-17	$0.125	$0.125	USD	2020-12-17	2020-12-16	2020-12-17	Annual
2019-12-20	$0.251	$0.251	USD	2019-12-20	2019-12-19	2019-12-20	Annual
2018-12-21	$0.351	$0.351	USD	2018-12-21	2018-12-20	2018-12-21	Annual
2017-12-22	$0.010	$0.010	USD	2017-12-22	2017-12-21	2017-12-22	Quarterly
2017-09-22	$0.125	$0.125	USD	2017-09-22	2017-09-21	2017-09-22	Quarterly
2017-06-23	$0.124	$0.124	USD	2017-06-01	2017-06-22	2017-06-23	Quarterly
2017-03-24	$0.026	$0.026	USD	2017-03-01	2017-03-23	2017-03-24	Quarterly
2016-09-26	$0.197	$0.197	USD	2016-09-01	2016-09-23	2016-09-26	Quarterly
2016-06-24	$0.253	$0.253	USD	2016-06-01	2016-06-23	2016-06-24	Quarterly
2015-12-24	$0.018	$0.018	USD	2015-12-01	2015-12-23	2015-12-24	Quarterly
2015-09-24	$0.128	$0.128	USD	2015-09-01	2015-09-23	2015-09-24	Quarterly
2015-06-24	$0.202	$0.202	USD	2015-06-24	2015-06-23	2015-06-24	Quarterly
2014-12-24	$0.053	$0.053	USD	2014-12-01	2014-12-23	2014-12-24	Quarterly
2014-09-24	$0.151	$0.151	USD	2014-09-24	2014-09-23	2014-09-24	Quarterly
2014-06-24	$0.229	$0.229	USD	2014-06-02	2014-06-23	2014-06-24	Quarterly
2013-12-24	$0.026	$0.026	USD	2013-12-02	2013-12-23	2013-12-24	Quarterly
2013-09-24	$0.101	$0.101	USD	2013-09-24	2013-09-23	2013-09-24	Quarterly
2013-06-24	$0.178	$0.178	USD	2013-06-24	2013-06-21	2013-06-24	Quarterly
2013-03-22	$0.105	$0.105	USD	2013-03-21	2013-03-21	2013-03-22	Quarterly
2012-09-24	$0.099	$0.099	USD	-	2012-09-21	2012-09-24	Quarterly
2012-06-25	$0.176	$0.176	USD	-	2012-06-22	2012-06-25	Quarterly
2012-03-26	$0.077	$0.077	USD	-	2012-03-23	2012-03-26	Quarterly
2011-12-23	$0.043	$0.043	USD	-	2011-12-22	2011-12-23	Quarterly
2011-09-26	$0.105	$0.105	USD	-	2011-09-23	2011-09-26	Quarterly
2011-06-24	$0.187	$0.187	USD	-	2011-06-23	2011-06-24	Quarterly
2011-03-25	$0.049	$0.049	USD	-	2011-03-24	2011-03-25	Quarterly
2010-12-27	$0.030	$0.030	USD	-	2010-12-23	2010-12-27	Quarterly
2010-09-24	$0.087	$0.087	USD	-	2010-09-23	2010-09-24	Quarterly
2010-06-25	$0.114	$0.114	USD	-	2010-06-24	2010-06-25	Quarterly
2010-04-06	$0.018	$0.018	USD	-	-	-	-
2010-03-26	$0.053	$0.053	USD	-	2010-03-25	2010-03-26	Quarterly
2009-09-25	$0.066	$0.066	USD	-	2009-09-24	2009-09-25	Quarterly
2009-06-26	$0.183	$0.183	USD	-	2009-06-25	2009-06-26	Quarterly
2008-12-26	$0.059	$0.059	USD	-	2008-12-24	2008-12-26	Quarterly
2008-09-26	$0.149	$0.149	USD	-	2008-09-25	2008-09-26	Quarterly
2008-06-26	$0.239	$0.239	USD	-	2008-06-25	2008-06-26	Quarterly
2007-12-26	$0.041	$0.041	USD	-	2007-12-24	2007-12-26	Quarterly
2007-09-26	$0.140	$0.140	USD	-	2007-09-25	2007-09-26	Quarterly
2007-06-26	$0.158	$0.158	USD	-	2007-06-25	2007-06-26	Quarterly
2006-12-26	$0.105	$0.105	USD	-	2006-12-22	2006-12-26	Quarterly
2006-09-27	$0.197	$0.197	USD	-	2006-09-26	2006-09-27	Quarterly
2006-03-30	$0.095	$0.095	USD	-	2006-03-29	2006-03-30	Quarterly
2005-09-30	$0.181	$0.181	USD	-	2005-09-29	2005-09-30	Quarterly
2004-12-31	$0.112	$0.112	USD	-	2004-12-30	2004-12-31	Other

Thornburg International Equity Fund Class I NMFQS:TGVIX